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PYPL   62.05 (+3.04%)
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NVDA   401.11 (+2.99%)
NIO   7.40 (-3.90%)
BABA   78.61 (-2.91%)
AMD   125.27 (-1.39%)
T   15.64 (+0.90%)
F   12.59 (+4.14%)
MU   71.69 (-3.03%)
CGC   0.85 (-3.41%)
GE   102.40 (-0.33%)
DIS   87.82 (-0.54%)
AMC   4.63 (-0.22%)
PFE   37.02 (-1.54%)
PYPL   62.05 (+3.04%)
NFLX   392.98 (+3.72%)

Novan (NOVN) Stock Forecast, Price & News

$1.19
+0.04 (+3.48%)
(As of 05/30/2023 ET)
Compare
Today's Range
$1.12
$1.20
50-Day Range
$1.11
$1.40
52-Week Range
$0.79
$3.33
Volume
123,021 shs
Average Volume
159,389 shs
Market Capitalization
$33.33 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.33

Novan MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
936.4% Upside
$12.33 Price Target
Short Interest
Bearish
1.74% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.99) to ($0.54) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.83 out of 5 stars

Medical Sector

782nd out of 1,009 stocks

Pharmaceutical Preparations Industry

394th out of 494 stocks


NOVN stock logo

About Novan (NASDAQ:NOVN) Stock

Novan, Inc. is a medical dermatology company, which engages in the development and commercialization of therapeutic products for skin diseases. It operates through the Commercial Operations and Research and Development segments. The Commercial Operations segment involves the promotion of treatments for medical dermatology conditions products. The Research and Development Operations segment includes the development of nitric oxide-based technology products. The company was founded by Mark Schoenfisch and Nathan Stasko in 2006 and is headquartered in Durham, NC.

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NOVN Stock News Headlines

Novan (NASDAQ: NOVN)
StockNews.com Begins Coverage on Novan (NASDAQ:NOVN)
Why Your IRA Could Crash on June 16th
China will attack Taiwan as soon as June 16th, 2023. The stock market will crash at least 35% when China makes their move.
NOVN: Counting Down to PDUFA
Novan earnings: here's what Wall Street expects
Why Your IRA Could Crash on June 16th
China will attack Taiwan as soon as June 16th, 2023. The stock market will crash at least 35% when China makes their move.
Novan (NOVN) to Release Earnings on Monday
Earnings Preview: Novan
Novan Q1 2023 Earnings Preview
Novan (NASDAQ:NOVN) Raised to Hold at StockNews.com
See More Headlines
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NOVN Company Calendar

Last Earnings
3/30/2023
Today
5/30/2023
Next Earnings (Estimated)
8/10/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:NOVN
Employees
29
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$12.33
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+936.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-31,310,000.00
Net Margins
-128.61%
Pretax Margin
-128.39%

Debt

Sales & Book Value

Annual Sales
$23.68 million
Book Value
$0.19 per share

Miscellaneous

Free Float
27,455,000
Market Cap
$33.33 million
Optionable
Not Optionable
Beta
0.17

Key Executives

  • Paula Brown StaffordPaula Brown Stafford
    Chairman, President & Chief Executive Officer
  • John A. Donofrio
    Chief Operating Officer & Executive Vice President
  • John M. Gay
    Secretary, Chief Financial & Accounting Officer
  • Carri Geer
    Chief Technology Officer & Senior Vice President
  • Tomoko Maeda-Chubachi
    Chief Medical Officer













NOVN Stock - Frequently Asked Questions

Should I buy or sell Novan stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Novan in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NOVN shares.
View NOVN analyst ratings
or view top-rated stocks.

What is Novan's stock price forecast for 2023?

3 brokerages have issued 12-month target prices for Novan's stock. Their NOVN share price forecasts range from $8.00 to $17.00. On average, they predict the company's share price to reach $12.33 in the next year. This suggests a possible upside of 936.4% 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 on January 1st, 2023. Since then, NOVN shares have decreased by 18.5% and is now trading at $1.19.
View the best growth stocks for 2023 here
.

When is Novan's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our NOVN earnings forecast
.

How were Novan's earnings last quarter?

Novan, Inc. (NASDAQ:NOVN) posted its quarterly earnings data on Thursday, March, 30th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.31) by $0.22. The firm earned $10.48 million during the quarter, compared to the consensus estimate of $6.07 million. Novan had a negative net margin of 128.61% and a negative trailing twelve-month return on equity of 700.28%.

What other stocks do shareholders of Novan own?
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 a price of $11.00-$13.00 per share. Piper Jaffray served 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."

Who are Novan's major shareholders?

Novan's stock is owned by many different retail and institutional investors. Top institutional investors include Armistice Capital LLC (8.02%), B. Riley Wealth Advisors Inc. (0.67%), Renaissance Technologies LLC (0.30%), Two Sigma Securities LLC (0.14%) and Oak Harbor Wealth Partners LLC (0.10%). Insiders that own company stock include James L Bierman, John M Gay, John W Palmour and Paula B Stafford.
View institutional ownership trends
.

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 $1.19.

How much money does Novan make?

Novan (NASDAQ:NOVN) has a market capitalization of $33.33 million and generates $23.68 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 5/30/2023 by MarketBeat.com Staff

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