NASDAQ:NOVN Novan (NOVN) Stock Forecast, Price & News $0.02 0.00 (0.00%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$0.02▼$0.0350-Day Range$0.02▼$0.0952-Week Range$0.08▼$3.33Volume115,770 shsAverage Volume602,421 shsMarket Capitalization$644,345.00P/E RatioN/ADividend YieldN/APrice Target$8.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Novan MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside34,682.6% Upside$8.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.72) to ($0.33) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.57 out of 5 stars 3.2 Analyst's Opinion Consensus RatingNovan has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.00, Novan has a forecasted upside of 34,682.6% from its current price of $0.02.Amount of Analyst CoverageNovan has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for NOVN. Previous Next 0.0 Dividend Strength Dividend YieldNovan does not currently pay a dividend.Dividend GrowthNovan does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NOVN. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Novan this week, compared to 0 articles on an average week.Search Interest2 people have searched for NOVN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Novan to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Novan insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.30% of the stock of Novan is held by insiders.Percentage Held by InstitutionsOnly 14.51% of the stock of Novan is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Novan are expected to grow in the coming year, from ($0.72) to ($0.33) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Novan is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Novan is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNovan has a P/B Ratio of 0.12. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Novan (NASDAQ:NOVN) StockNovan, Inc., a medical dermatology company, focuses on developing and commercializing therapeutic products for skin diseases. Its clinical stage dermatology drug candidates include SB204, a topical monotherapy for the treatment of acne vulgaris; SB206, a topical anti-viral gel for the treatment of viral skin infections; SB208, a topical broad-spectrum anti-fungal gel for the treatment of fungal infections of the skin and nails, including athlete's foot and fungal nail infections; and SB414, a topical cream-based gel product candidate for the treatment of inflammatory skin diseases. The company develops SB207, an anti-viral product candidate for the treatment of external genital warts; WH602, a nitric oxide-containing intravaginal gel to treat high-risk human papilloma virus (HPV); WH504, a non-gel formulation product candidate to treat high-risk HPV; and SB019 for the treatment of SARS-CoV-2. Novan, Inc. has a license agreement with Sato Pharmaceutical Co., Ltd.; and a strategic alliance with Orion Corporation. The company was incorporated in 2006 and is headquartered in Durham, North Carolina.Read More NOVN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NOVN Stock News HeadlinesSeptember 28, 2023 | americanbankingnews.comNovan (NASDAQ:NOVN) Receives New Coverage from Analysts at StockNews.comSeptember 8, 2023 | bizjournals.comNovan reaches deals to sell assets in bankruptcy caseOctober 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. August 8, 2023 | msn.comFirm Retention Summary: NovanAugust 3, 2023 | msn.comNovan (NOVN) Price Target Increased by 43.52% to 15.81July 17, 2023 | marketwatch.comNovan Shares Hit 52-Week Low After Bankruptcy DeclarationJune 1, 2023 | bizjournals.comNovan cuts 50% of its workforce to extend runwayJune 1, 2023 | msn.comNovan drops 13%, will reduce workforce by 50%October 3, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. May 31, 2023 | markets.businessinsider.comNovan To "Sharpen" Focus, Resources On Berdazimer GelMay 31, 2023 | finance.yahoo.comNovan Focuses Strategic Direction and Announces RestructuringMay 21, 2023 | fool.comNovan (NASDAQ: NOVN)May 17, 2023 | msn.comOppenheimer Maintains Novan (NOVN) Outperform RecommendationMay 16, 2023 | finance.yahoo.comNOVN: Counting Down to PDUFAMay 15, 2023 | finanznachrichten.deNovan, Inc.: Novan Reports First Quarter 2023 Financial Results and Provides Corporate UpdateMay 15, 2023 | markets.businessinsider.comNovan earnings: here's what Wall Street expectsMay 12, 2023 | msn.comEarnings Preview: NovanMay 12, 2023 | msn.comNovan Q1 2023 Earnings PreviewApril 20, 2023 | finance.yahoo.comNovan to Host Analyst and Investor Event: A Discussion of Molluscum’s Unmet Need with Pediatric Dermatologist Jeffrey Sugarman, MD, PhDApril 3, 2023 | msn.comNovan's Return On Capital Employed OverviewMarch 23, 2023 | finance.yahoo.comNovan to Report Full Year 2022 Financial Results on March 30, 2023March 7, 2023 | finance.yahoo.comFDA Accepts Novan’s NDA for Berdazimer Gel, 10.3% for the Treatment of Molluscum Contagiosum with a PDUFA Goal Date of January 5, 2024October 19, 2022 | reuters.comJPMorgan names Qian as Southeast Asia equity capital markets chief - ReutersOctober 14, 2022 | finance.yahoo.comNovan and EPI Health, a Novan Company, Announce Abstracts Accepted for Poster Presentation at the 42nd Annual Fall Clinical Dermatology Conference® - Yahoo FinanceOctober 14, 2022 | globenewswire.comNovan and EPI Health, a Novan Company, Announce Abstracts Accepted for Poster Presentation at the 42nd Annual Fall Clinical Dermatology Conference - GlobeNewswireOctober 14, 2022 | finance.yahoo.comNovan and EPI Health, a Novan Company, Announce Abstracts Accepted for Poster Presentation at the 42nd Annual Fall Clinical Dermatology Conference®October 6, 2022 | finance.yahoo.comGlobal Acne Treatment Market (2022 Edition)– Analysis By Treatment, Treatment Modality, End-Users, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2023-2028) - Yahoo FinanceSee More Headlines Receive NOVN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Novan and its competitors with MarketBeat's FREE daily newsletter. Email Address NOVN Company Calendar Last Earnings5/15/2023Today10/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Pharmaceutical preparations Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:NOVN CUSIPN/A CIK1467154 Webwww.novan.com Phone(919) 485-8080Fax919-237-9212Employees90Year FoundedN/APrice Target and Rating Average Stock Price Forecast$8.00 High Stock Price Forecast$8.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+34,682.6%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.32) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-31,310,000.00 Net Margins-128.61% Pretax Margin-128.39% Return on Equity-700.28% Return on Assets-39.58% Debt Debt-to-Equity RatioN/A Current Ratio0.74 Quick Ratio0.72 Sales & Book Value Annual Sales$24.71 million Price / Sales0.03 Cash FlowN/A Price / Cash FlowN/A Book Value$0.19 per share Price / Book0.12Miscellaneous Outstanding Shares28,015,000Free Float27,651,000Market Cap$644,345.00 OptionableNot Optionable Beta-0.06 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMs. Paula Brown Stafford M.P.H. (Age 58)Pres, CEO & Chairwoman Comp: $623.23kMr. John M. Gay CPA (Age 46)CFO, Principal Accounting Officer & Corp. Sec. Comp: $386.89kMr. John A. Donofrio Jr. (Age 56)Exec. VP & COO Comp: $602.51kDr. Carri Geer Ph.D.Sr. VP & CTODr. Tomoko Maeda-Chubachi M.B.A.M.D., Ph.D., Chief Medical OfficerKey CompetitorsNovanNASDAQ:NOVNQEvofem BiosciencesNASDAQ:EVFMOncorusNASDAQ:ONCRNeptune Wellness SolutionsNASDAQ:NEPTPLx PharmaNASDAQ:PLXPView All CompetitorsInsidersMachelle SandersSold 11,553 sharesTotal: $4,736.73 ($0.41/share)View All Insider Transactions NOVN Stock - Frequently Asked Questions Should I buy or sell Novan stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Novan in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NOVN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NOVN, but not buy additional shares or sell existing shares. View NOVN analyst ratings or view top-rated stocks. What is Novan's stock price forecast for 2023? 3 Wall Street analysts have issued 1-year target prices for Novan's shares. Their NOVN share price forecasts range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 34,682.6% from the stock's current price. View analysts price targets for NOVN or view top-rated stocks among Wall Street analysts. How have NOVN shares performed in 2023? Novan's stock was trading at $1.46 at the beginning of the year. Since then, NOVN shares have decreased by 98.4% and is now trading at $0.0230. View the best growth stocks for 2023 here. How were Novan's earnings last quarter? Novan, Inc. (NASDAQ:NOVN) released its quarterly earnings data on Monday, May, 15th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.32) by $0.22. The firm had revenue of $3.17 million for the quarter, compared to the consensus estimate of $6.19 million. Novan had a negative net margin of 128.61% and a negative trailing twelve-month return on equity of 700.28%. During the same period last year, the firm posted ($0.71) earnings per share. What other stocks do shareholders of Novan own? Based on aggregate information from My MarketBeat watchlists, some companies that other Novan investors own include Bionano Genomics (BNGO), Gran Tierra Energy (GTE), Pennsylvania Real Estate Investment Trust (PEI), ADMA Biologics (ADMA), CNBX Pharmaceuticals (CNBX), Matinas BioPharma (MTNB), Zosano Pharma (ZSAN), Aeterna Zentaris (AEZS), CBL & Associates Properties (CBL) and Organigram (OGI). When did Novan IPO? (NOVN) raised $46 million in an initial public offering (IPO) on Wednesday, September 21st 2016. The company issued 3,800,000 shares at $11.00-$13.00 per share. Piper Jaffray acted as the underwriter for the IPO and JMP Securities and Wedbush PacGrow were co-managers. What is Novan's stock symbol? Novan trades on the NASDAQ under the ticker symbol "NOVN." How do I buy shares of Novan? Shares of NOVN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Novan's stock price today? One share of NOVN stock can currently be purchased for approximately $0.02. How much money does Novan make? Novan (NASDAQ:NOVN) has a market capitalization of $644,345.00 and generates $24.71 million in revenue each year. The company earns $-31,310,000.00 in net income (profit) each year or ($1.32) on an earnings per share basis. How can I contact Novan? Novan's mailing address is 4105 HOPSON ROAD, MORRISVILLE NC, 27560. The official website for the company is www.novan.com. The company can be reached via phone at (919) 485-8080, via email at cikkala@novan.com, or via fax at 919-237-9212. This page (NASDAQ:NOVN) was last updated on 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Novan, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.