NASDAQ:NVCR NovoCure (NVCR) Stock Forecast, Price & News $16.15 -0.48 (-2.89%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$16.06▼$16.7950-Day Range$16.15▼$40.3452-Week Range$16.06▼$120.03Volume1.99 million shsAverage Volume1.48 million shsMarket Capitalization$1.72 billionP/E RatioN/ADividend YieldN/APrice Target$52.38 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability NovoCure MarketRank™ ForecastAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside224.3% Upside$52.38 Price TargetShort InterestHealthy7.86% of Float Sold ShortDividend StrengthN/ASustainability-1.15Upright™ Environmental ScoreNews Sentiment0.57Based on 3 Articles This WeekInsider TradingSelling Shares$31,639 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($2.07) to ($2.08) 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.2.42 out of 5 starsMedical Sector227th out of 971 stocksSurgical & Medical Instruments Industry31st out of 100 stocks 4.3 Analyst's Opinion Consensus RatingNovoCure has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.38, NovoCure has a forecasted upside of 224.3% from its current price of $16.15.Amount of Analyst CoverageNovoCure has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.86% of the float of NovoCure has been sold short.Short Interest Ratio / Days to CoverNovoCure has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in NovoCure has recently decreased by 17.70%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldNovoCure does not currently pay a dividend.Dividend GrowthNovoCure does not have a long track record of dividend growth. Previous Next 4.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNovoCure has received a 68.17% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Clinical research services for cancer", "Brain cancer medication", and "Cabozantinib" products. See details.Environmental SustainabilityThe Environmental Impact score for NovoCure is -1.15. Previous Next 1.4 News and Social Media Coverage News SentimentNovoCure has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for NovoCure this week, compared to 4 articles on an average week.Search InterestOnly 14 people have searched for NVCR on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added NovoCure to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NovoCure insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $31,639.00 in company stock.Percentage Held by InsidersOnly 5.67% of the stock of NovoCure is held by insiders.Percentage Held by Institutions84.11% of the stock of NovoCure is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for NovoCure are expected to decrease in the coming year, from ($2.07) to ($2.08) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NovoCure is -9.79, 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 NovoCure is -9.79, 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 RatioNovoCure has a P/B Ratio of 3.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NovoCure (NASDAQ:NVCR) StockNovoCure Limited, an oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Europe, the Middle East, Africa, Japan, and Greater China. Its TTFields devices include Optune for the treatment of glioblastoma; and Optune Lua for the treatment of malignant pleural mesothelioma. The company also has ongoing or completed clinical trials investigating TTFields in brain metastases, gastric cancer, glioblastoma, liver cancer, non-small cell lung cancer, pancreatic cancer, and ovarian cancer. The company was incorporated in 2000 and is headquartered in Saint Helier, Jersey.Read More NVCR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NVCR Stock News HeadlinesSeptember 29, 2023 | finance.yahoo.comNovocure Announces Presence at American Society for Radiation Oncology (ASTRO) 2023 Annual MeetingSeptember 19, 2023 | msn.com3 Things About NovoCure That Smart Investors KnowOctober 1, 2023 | Goldco (Ad)Biden's Digital Dollar NightmareOn July 20th, 2023, the Federal Reserve launched FedNow, which could spark the fuse for a Digital Dollar. If a Digital Dollar happens, the government could: Monitor every transaction, keep track of your spending habits, and potentially control your individual choices… Which MAY steal your freedoms in one way or another. And if you don’t plan for this now... Your retirement savings could be at risk of being frozen, hacked, or deleted. You’ll want to act fast... Because with Biden’s long history of voting against Americans... Who knows how much longer until Biden strikes again! Get your hands on this FREE Wealth Protection Kit today and learn how you could shield your savings and investments before it’s too late! September 18, 2023 | finance.yahoo.comShould You Hold NovoCure Limited (NVCR)?September 8, 2023 | finance.yahoo.comNovocure Highlights Use of Tumor Treating Fields Therapy in Treatment of Non-Small Cell Lung Cancer at 2023 World Conference on Lung CancerSeptember 4, 2023 | finance.yahoo.comDown 31% in 1 Day, What's Next for NovoCure Stock?August 31, 2023 | msn.comIs NovoCure's Stock Headed for a Free Fall?August 31, 2023 | msn.comWhy Novocure Stock Fell 24.4% This WeekOctober 1, 2023 | Stansberry Research (Ad)New gold-backed currency could kill the DollarRumors are circulating of a new currency that will be backed by gold. A huge story, if true. 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Because if you’re not careful, YOU could be the one who pays the priceAugust 29, 2023 | businesswire.comNovocure Announces The Lancet Oncology Publishes Primary Data from Phase 3 LUNAR Clinical Trial in Patients with Metastatic Non-Small Cell Lung Cancer After Platinum-Based ...August 29, 2023 | markets.businessinsider.comWhat 11 Analyst Ratings Have To Say About NovoCureAugust 29, 2023 | benzinga.comWhat's Going On With NovoCure Stock Today?August 29, 2023 | seekingalpha.comHC Wainwright cuts NovoCure to neutral in wake of failed studyAugust 29, 2023 | seekingalpha.comNovoCure: TTFields' Ovarian Trial Short-Circuits (Rating Downgrade)August 29, 2023 | msn.comNovocure Shares Plunge After Its Ovarian Cancer Treatment Fails to Meet GoalAugust 28, 2023 | msn.comWhy Is Cancer Focused-Novocure's Stock Plunging Today?August 28, 2023 | finance.yahoo.comNovoCure (NVCR): A Smart Investment or a Value Trap? An In-Depth ExplorationAugust 28, 2023 | finance.yahoo.comNovoCure Ltd (NVCR): A Deep Dive into Its Performance PotentialAugust 28, 2023 | finance.yahoo.comNovocure Plummets 38% After Its Cancer Treatment Fails In Ovarian CancerAugust 28, 2023 | investorplace.comWhy Is Novocure (NVCR) Stock Down 30% Today?August 28, 2023 | finance.yahoo.com3M, XPeng, Hawaiian Electric Industries rise premarket; Novocure slidesAugust 28, 2023 | msn.comNovocure's cancer therapy fails to meet main goal in late-stage trialAugust 28, 2023 | finance.yahoo.comNovocure Plummets 34% After Its Cancer Treatment Fails In Ovarian CancerAugust 28, 2023 | news.yahoo.comNovocure adding penthouse to oncology company's new headquarters in PortsmouthAugust 26, 2023 | finance.yahoo.comNovoCure Limited (NVCR) Interactive Stock Chart - Yahoo FinanceAugust 25, 2023 | finance.yahoo.comCould NovoCure Stock Help You Become a Millionaire?August 23, 2023 | seekingalpha.comNovoCure Limited: Record Losses, Falling Margins, And Downward MomentumSee More Headlines Receive NVCR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NovoCure and its competitors with MarketBeat's FREE daily newsletter. Email Address NVCR Company Calendar Last Earnings7/27/2023Today10/01/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Surgical & medical instruments Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:NVCR CUSIPN/A CIK1645113 Webwww.novocure.com Phone441534756700FaxN/AEmployees1,320Year FoundedN/APrice Target and Rating Average Stock Price Forecast$52.38 High Stock Price Forecast$102.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+224.3%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($1.65) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-92,530,000.00 Net Margins-34.35% Pretax Margin-31.71% Return on Equity-40.21% Return on Assets-14.84% Debt Debt-to-Equity Ratio1.36 Current Ratio7.10 Quick Ratio6.88 Sales & Book Value Annual Sales$537.84 million Price / Sales3.20 Cash FlowN/A Price / Cash FlowN/A Book Value$4.20 per share Price / Book3.85Miscellaneous Outstanding Shares106,620,000Free Float100,571,000Market Cap$1.72 billion OptionableOptionable Beta0.62 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. William F. Doyle (Age 61)Exec. Chairman Comp: $1.52MMr. Asaf Danziger (Age 57)Pres, CEO & Director Comp: $1.7MMs. Ashley Cordova (Age 43)Chief Financial Officer Comp: $933.39kMr. Wilhelmus C. M. Groenhuysen (Age 65)Chief Operating Officer Comp: $1.01MMr. Pritesh Shah (Age 44)Chief Growth Officer Comp: $810.6kMr. Frank LeonardPres of CNS Cancers U.S.Prof. Yoram Palti M.D. (Age 85)Ph.D., Founder & CTO Dr. Moshe Giladi Ph.D.Chief Science OfficerMs. Ingrid GoldbergVP of Investor RelationsMr. Barak Ben Arye (Age 47)Gen. Counsel More ExecutivesKey CompetitorsAtriCureNASDAQ:ATRCAlphatecNASDAQ:ATECPROCEPT BioRoboticsNASDAQ:PRCTTandem Diabetes CareNASDAQ:TNDMLeMaitre VascularNASDAQ:LMATView All CompetitorsInsiders & InstitutionsWilhelmus Cm GroenhuysenSold 294 sharesTotal: $6,415.08 ($21.82/share)Pritesh ShahSold 273 sharesTotal: $5,956.86 ($21.82/share)Ashley CordovaSold 883 sharesTotal: $19,267.06 ($21.82/share)Wolverine Trading LLCBought 12,900 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 4,024 shares on 8/21/2023Ownership: 0.148%View All Insider TransactionsView All Institutional Transactions NVCR Stock - Frequently Asked Questions Should I buy or sell NovoCure stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NovoCure in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NVCR shares. View NVCR analyst ratings or view top-rated stocks. What is NovoCure's stock price forecast for 2023? 9 equities research analysts have issued 12 month price objectives for NovoCure's stock. Their NVCR share price forecasts range from $25.00 to $102.00. On average, they predict the company's share price to reach $52.38 in the next twelve months. This suggests a possible upside of 224.3% 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 at the start of the year. Since then, NVCR stock has decreased by 78.0% and is now trading at $16.15. View the best growth stocks for 2023 here. Are investors shorting NovoCure? NovoCure saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 7,580,000 shares, a decrease of 17.7% from the August 31st total of 9,210,000 shares. Based on an average daily trading volume, of 1,760,000 shares, the short-interest ratio is presently 4.3 days. Approximately 7.9% of the company's shares are short sold. View NovoCure's Short Interest. When is NovoCure's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our NVCR earnings forecast. How were NovoCure's earnings last quarter? NovoCure Limited (NASDAQ:NVCR) issued its quarterly earnings results on Thursday, July, 27th. The medical equipment provider reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.50) by $0.04. The medical equipment provider earned $126.05 million during the quarter, compared to analysts' expectations of $124.25 million. NovoCure had a negative net margin of 34.35% and a negative trailing twelve-month return on equity of 40.21%. The firm's quarterly revenue was down 10.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.23) earnings per share. What ETFs hold NovoCure's stock? ETFs with the largest weight of NovoCure (NASDAQ:NVCR) stock in their portfolio include BlueStar Israel Technology ETF (ITEQ), VanEck Israel ETF (ISRA), Principal Healthcare Innovators ETF (BTEC), Invesco NASDAQ Next Gen 100 ETF (QQQJ), Invesco Nasdaq Biotechnology ETF (IBBQ) and iShares U.S. Medical Devices ETF (IHI).First Trust Nasdaq Pharmaceuticals ETF (FTXH). 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? Based on aggregate information from My MarketBeat watchlists, some companies that other NovoCure investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Calumet Specialty Products Partners (CLMT), NVIDIA (NVDA), Two Harbors Investment (TWO), BlackRock Capital Investment (BKCC), Viper Energy Partners (VNOM), Roku (ROKU), Salesforce (CRM) and Block (SQ). What is NovoCure's stock symbol? NovoCure trades on the NASDAQ under the ticker symbol "NVCR." 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 $16.15. How much money does NovoCure make? NovoCure (NASDAQ:NVCR) has a market capitalization of $1.72 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 ($1.65) 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 10/1/2023 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 NovoCure Limited Please log in to your account or sign up in order to add this asset to your watchlist. 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