NASDAQ:NVCRNovocure Stock Price, Forecast & News

Novocure's stock was trading at $67.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NVCR shares have decreased by 13.8% and is now trading at $58.05. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Novocure in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Novocure.

Novocure is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Novocure.

Novocure will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Novocure Ltd (NASDAQ:NVCR) announced its quarterly earnings results on Thursday, April, 30th. The medical equipment provider reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.01. The medical equipment provider had revenue of $101.83 million for the quarter, compared to analyst estimates of $102.10 million. Novocure had a return on equity of 4.39% and a net margin of 2.34%. The company's revenue for the quarter was up 38.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.13) earnings per share. View Novocure's earnings history.

8 Wall Street analysts have issued 12 month price targets for Novocure's shares. Their forecasts range from $58.00 to $90.00. On average, they anticipate Novocure's share price to reach $79.00 in the next twelve months. This suggests a possible upside of 36.1% from the stock's current price. View analysts' price targets for Novocure.

Media coverage about NVCR stock has been trending very negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Novocure earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave media coverage about the medical equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Novocure.

Novocure saw a increase in short interest in June. As of June 30th, there was short interest totaling 4,070,000 shares, an increase of 9.1% from the June 15th total of 3,730,000 shares. Based on an average trading volume of 885,100 shares, the days-to-cover ratio is currently 4.6 days. Currently, 4.9% of the company's stock are sold short. View Novocure's Current Options Chain.

Some companies that are related to Novocure include Teleflex (TFX), Insulet (PODD), ABIOMED (ABMD), Hill-Rom (HRC), Penumbra (PEN), Tandem Diabetes Care (TNDM), Globus Medical (GMED), Haemonetics (HAE), Integra Lifesciences (IART), Nevro (NVRO), ICU Medical (ICUI), Inovio Pharmaceuticals (INO), Irhythm Technologies (IRTC), NuVasive (NUVA) and Inari Medical (NARI). View all competitors.

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, L.P (CLMT), Two Harbors Investment (TWO), Blackrock Capital Investment (BKCC), Viper Energy Partners (VNOM), Summit Midstream Partners (SMLP), NVIDIA (NVDA), Washington Prime Group (WPG) and Roper Technologies (ROP).

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

Novocure's stock is owned by many different retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%) and Teamwork Financial Advisors LLC (0.00%). Company insiders that own Novocure stock include Asaf Danziger, Charles G Phillips III, Ely Benaim, Gabriel Leung, Michael J Ambrogi, Pritesh Shah, Todd Christopher Longsworth, Wilhelmus Cm Groenhuysen, William F Doyle and Yoram Palti. View institutional ownership trends for Novocure.

NVCR stock was purchased by a variety of institutional investors in the last quarter, including Teamwork Financial Advisors LLC, and Envestnet Asset Management Inc.. View insider buying and selling activity for Novocure.

Shares of NVCR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NVCR stock can currently be purchased for approximately $58.05.

Novocure has a market capitalization of $5.83 billion and generates $351.32 million in revenue each year. The medical equipment provider earns $-7,230,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis.

The official website for Novocure is www.novocure.com.

Novocure's mailing address is NO. 4 THE FORUM GRENVILLE STREET, ST. HELIER Y9, JE2 4UF. The medical equipment provider can be reached via phone at 44-0-15-3475-6700 or via email at [email protected]