Ianalumab Phase III Trial: Novartis will present positive results from the pivotal Phase III VAYHIT2 trial of ianalumab for immune thrombocytopenia (ITP) at the ASH Annual Meeting, highlighting its effectiveness in patients previously treated with corticosteroids.
Scemblix Data: New evidence from clinical and real-world settings regarding Scemblix (asciminib) shows improved patient-reported outcomes and long-term tolerability in chronic myeloid leukemia (CML) patients compared to traditional tyrosine kinase inhibitors.
Pelabresib and Myelofibrosis: The 96-week Phase III data for pelabresib in combination with ruxolitinib demonstrates durable efficacy and long-term safety for patients with myelofibrosis, marking significant progress in treatment options.
Kisqali in Breast Cancer: Data from the MONALEESA and NATALEE trials indicate long-term benefits of Kisqali (ribociclib) for early and metastatic breast cancer patients, reinforcing Novartis's commitment to advancing breast cancer care.
Wall Street analysts forecast NVS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVS is 127.75 USD with a low forecast of 112.00 USD and a high forecast of 143.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast NVS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVS is 127.75 USD with a low forecast of 112.00 USD and a high forecast of 143.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
4 Hold
1 Sell
Hold
Current: 145.000
Low
112.00
Averages
127.75
High
143.00
Current: 145.000
Low
112.00
Averages
127.75
High
143.00
Deutsche Bank
Buy
maintain
2026-01-16
Reason
Deutsche Bank
Price Target
AI Analysis
2026-01-16
maintain
Buy
Reason
Deutsche Bank raised the firm's price target on Novartis to CHF 125 from CHF 120 and keeps a Buy rating on the shares.
Barclays
Underweight -> Equal Weight
upgrade
2026-01-06
Reason
Barclays
Price Target
2026-01-06
upgrade
Underweight -> Equal Weight
Reason
Barclays upgraded Novartis to Equal Weight from Underweight.
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Barclays
Underweight -> Equal Weight
upgrade
$120
2026-01-06
Reason
Barclays
Price Target
$120
2026-01-06
upgrade
Underweight -> Equal Weight
Reason
As previously reported, Barclays upgraded Novartis to Equal Weight from Underweight with a CHF 120 price target as the firm transferred coverage of European large-cap pharma to a new analyst. The firm sees the company's "fairly rich" pipeline as mostly well reflected in valuation or with competition, says the analyst, who also cites a "weak" operational outlook for 2026.
Evercore ISI
Outperform
to
In Line
downgrade
$65 -> $72
2025-12-18
Reason
Evercore ISI
Price Target
$65 -> $72
2025-12-18
downgrade
Outperform
to
In Line
Reason
Evercore ISI downgraded Avidity Biosciences (RNA) to In Line from Outperform with a price target of $72, up from $65. Novartis (NVS) has agreed to acquire Avidity for $72 per share in cash and the acquisition is expected to close in the first half of 2026.
About NVS
Novartis AG is a Switzerland-based pharmaceutical company. The Company develops, manufactures, and markets branded and generic prescription drugs, active pharmaceutical ingredients (APIs), biosimilars and ophthalmic products. The Company uses science and digital technologies for treatments in the disease areas of immunology, dermatology, cancer, ophthalmology, neuroscience, respiratory, cardiovascular, renal and metabolism. The business activities of the Company are divided into two segments: Innovative Medicines, which includes innovative patent-protected prescription medicines for blood pressure, cancer and other ailments, and Sandoz, which includes generic pharmaceuticals and biosimilars.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
