Technical Analysis: Based on the recent price data and technical indicators, NVS has shown a downward trend in the past week, with the stock closing at $105.43 on February 14, 2025, representing a -2.12% decline .
News Impact and Catalysts:
Price Prediction for Next Week (Feb 18-22, 2025): Based on technical analysis and recent news sentiment:
The stock is likely to trade within this range due to:
Trading Recommendation: SELL Reasoning:
Price Targets:
The price of NVS is predicted to go up -22.06%, based on the high correlation periods with PRG. The similarity of these two price pattern on the periods is 97.99%.
NVS
PRG
Year
NVS Price Forecast($)
Potential Return(%)
2025
98.040
0.410
2026
140.000
33.690
2027
145.000
38.460
2028
130.000
24.140
2029
160.000
52.790
2030
180.000
71.890
Novartis' solid late-stage pipeline should propel long-term growth. The company should launch several new drugs during the next several years in critical therapeutic areas such as rare diseases and oncology.
Novartis recently divested its Roche share, yielding over $20 billion, which provides the firm with increased options to re-deploy capital including share buybacks.
Novartis' research and development focuses on areas of unmet medical need, which should yield several innovative therapies with strong pricing power.
Erste Group
2024-11-19
Price Target
n/a
Downside
0%