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S&P 500   4,267.52
DOW   33,665.02
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Stock market today: Global shares trade mixed following technology selloff on Wall Street
New "Mined in America" Lithium Opportunities? (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
AI-powered IoT Automation is Driving Samsara To New Highs
New "Mined in America" Lithium Opportunities? (Ad)
What is a Growth Stock Mutual Fund?
Sprinklr Gets Targets Raised By Analysts, Here's Why
New "Mined in America" Lithium Opportunities? (Ad)
10 Best Airline Stocks to Buy
Ollie’s Bargain Outlet Goes On Sale 
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
New "Mined in America" Lithium Opportunities? (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
AI-powered IoT Automation is Driving Samsara To New Highs
New "Mined in America" Lithium Opportunities? (Ad)
What is a Growth Stock Mutual Fund?
Sprinklr Gets Targets Raised By Analysts, Here's Why
New "Mined in America" Lithium Opportunities? (Ad)
10 Best Airline Stocks to Buy
Ollie’s Bargain Outlet Goes On Sale 
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
New "Mined in America" Lithium Opportunities? (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
AI-powered IoT Automation is Driving Samsara To New Highs
New "Mined in America" Lithium Opportunities? (Ad)
What is a Growth Stock Mutual Fund?
Sprinklr Gets Targets Raised By Analysts, Here's Why
New "Mined in America" Lithium Opportunities? (Ad)
10 Best Airline Stocks to Buy
Ollie’s Bargain Outlet Goes On Sale 
NASDAQ:NVCR

NovoCure (NVCR) Stock Forecast, Price & News

$48.66
+1.66 (+3.53%)
(As of 06/7/2023 ET)
Compare
Today's Range
$45.69
$48.92
50-Day Range
$47.00
$82.51
52-Week Range
$45.69
$120.03
Volume
4.78 million shs
Average Volume
1.38 million shs
Market Capitalization
$5.17 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$72.00

NovoCure MarketRank™ Forecast

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
48.0% Upside
$72.00 Price Target
Short Interest
Bearish
7.70% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.15
Upright™ Environmental Score
News Sentiment
-0.34mentions of NovoCure in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($1.92) to ($2.19) Per Share

Overall MarketRank

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

1.74 out of 5 stars

Medical Sector

773rd out of 980 stocks

Surgical & Medical Instruments Industry

77th out of 98 stocks


NVCR stock logo

About NovoCure (NASDAQ:NVCR) Stock

NovoCure Ltd. is an oncology company which engages in the development, manufacture, and commercialization of Optune for the treatment of a variety of solid tumors. Its platform is called the Tumor Treating Field which uses electric fields tuned to specific frequencies to disrupt solid tumor cancer cell division. The company was founded by Yoram Palti in 2000 and is headquartered in St. Helier, Jersey.

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NVCR Stock News Headlines

Wedbush Upgrades NovoCure (NVCR)
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
The Latest Analyst Ratings for NovoCure
Why NovoCure Stock Is Crashing Today
NVCR - NovoCure Limited
Wells Fargo Upgrades NovoCure (NVCR)
See More Headlines

NVCR Price History

NVCR Company Calendar

Last Earnings
5/04/2023
Today
6/08/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:NVCR
Fax
N/A
Employees
1,320
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$72.00
High Stock Price Forecast
$104.00
Low Stock Price Forecast
$46.00
Forecasted Upside/Downside
+73.3%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
7 Analysts

Profitability

Net Income
$-92,530,000.00
Pretax Margin
-24.96%

Debt

Sales & Book Value

Annual Sales
$537.84 million
Book Value
$4.20 per share

Miscellaneous

Free Float
100,187,000
Market Cap
$5.17 billion
Optionable
Optionable
Beta
0.80

Key Executives

  • Asaf DanzigerAsaf Danziger
    Chief Executive Officer & Director
  • Wilhelmus C. M. GroenhuysenWilhelmus C. M. Groenhuysen
    Chief Operating Officer
  • Ashley CordovaAshley Cordova
    Chief Financial Officer
  • Moshe Giladi
    Chief Science Officer
  • Piet Hinoul
    Senior Vice President & Head-Medical













NVCR Stock - Frequently Asked Questions

Should I buy or sell NovoCure stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NovoCure in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NVCR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NVCR, but not buy additional shares or sell existing shares.
View NVCR analyst ratings
or view top-rated stocks.

What is NovoCure's stock price forecast for 2023?

7 Wall Street analysts have issued 1-year price objectives for NovoCure's stock. Their NVCR share price forecasts range from $46.00 to $104.00. On average, they anticipate the company's share price to reach $72.00 in the next twelve months. This suggests a possible upside of 48.0% from the stock's current price.
View analysts price targets for NVCR
or view top-rated stocks among Wall Street analysts.

How have NVCR shares performed in 2023?

NovoCure's stock was trading at $73.35 on January 1st, 2023. Since then, NVCR shares have decreased by 33.7% and is now trading at $48.66.
View the best growth stocks for 2023 here
.

When is NovoCure's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our NVCR earnings forecast
.

How were NovoCure's earnings last quarter?

NovoCure Limited (NASDAQ:NVCR) released its quarterly earnings data on Thursday, May, 4th. The medical equipment provider reported ($0.50) EPS for the quarter, missing analysts' consensus estimates of ($0.36) by $0.14. The medical equipment provider had revenue of $122.20 million for the quarter, compared to analyst estimates of $127.93 million. NovoCure had a negative net margin of 26.98% and a negative trailing twelve-month return on equity of 32.03%. The company's revenue for the quarter was down 11.1% on a year-over-year basis. During the same quarter last year, the company posted ($0.04) earnings per share.

What is Asaf Danziger's approval rating as NovoCure's CEO?

17 employees have rated NovoCure Chief Executive Officer Asaf Danziger on Glassdoor.com. Asaf Danziger has an approval rating of 90% among the company's employees.

What other stocks do shareholders of NovoCure own?
What is NovoCure's stock symbol?

NovoCure trades on the NASDAQ under the ticker symbol "NVCR."

Who are NovoCure's major shareholders?

NovoCure's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (14.88%), Baillie Gifford & Co. (8.10%), BlackRock Inc. (7.84%), Price T Rowe Associates Inc. MD (2.50%), Geode Capital Management LLC (1.32%) and Credit Suisse AG (0.83%). Insiders that own company stock include Asaf Danziger, Ashley Cordova, Ely Benaim, Frank X Leonard, Frank X Leonard, Gabriel Leung, Jeryl L Hilleman, Martin J Madden, Michael J Ambrogi, Pritesh Shah, Todd Christopher Longsworth, Uri Weinberg, Wilhelmus Cm Groenhuysen and William F Doyle.
View institutional ownership trends
.

How do I buy shares of NovoCure?

Shares of NVCR 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 NovoCure's stock price today?

One share of NVCR stock can currently be purchased for approximately $48.66.

How much money does NovoCure make?

NovoCure (NASDAQ:NVCR) has a market capitalization of $5.17 billion and generates $537.84 million in revenue each year. The medical equipment provider earns $-92,530,000.00 in net income (profit) each year or ($1.34) on an earnings per share basis.

How many employees does NovoCure have?

The company employs 1,320 workers across the globe.

How can I contact NovoCure?

NovoCure's mailing address is NO. 4 THE FORUM GRENVILLE STREET, ST. HELIER Y9, JE2 4UF. The official website for the company is www.novocure.com. The medical equipment provider can be reached via phone at 441534756700 or via email at investorinfo@novocure.com.

This page (NASDAQ:NVCR) was last updated on 6/8/2023 by MarketBeat.com Staff

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