NASDAQ:NVCR

NovoCure (NVCR) Stock Price, News & Analysis

$14.78
+0.59 (+4.16%)
(As of 05/3/2024 ET)
Today's Range
$14.31
$15.42
50-Day Range
$11.83
$17.29
52-Week Range
$10.87
$83.60
Volume
1.15 million shs
Average Volume
1.09 million shs
Market Capitalization
$1.59 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$30.88

NovoCure MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
108.9% Upside
$30.88 Price Target
Short Interest
Bearish
6.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.15
Upright™ Environmental Score
News Sentiment
0.13mentions of NovoCure in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$127,161 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.78) to ($1.84) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.13 out of 5 stars

Medical Sector

865th out of 5,424 stocks

Surgical & Medical Instruments Industry

145th out of 576 stocks

NVCR stock logo

About NovoCure Stock (NASDAQ:NVCR)

NovoCure 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, Germany, Japan, Greater China, and internationally. The company's TTFields devices include Optune Gio and Optune Lua. It also has ongoing clinical trials investigating TTFields in brain metastases, gastric cancer, glioblastoma, liver cancer, non-small cell lung cancer, pancreatic cancer, and ovarian cancer. NovoCure Limited was incorporated in 2000 and is headquartered in Saint Helier, Jersey.

NVCR Stock Price History

NVCR Stock News Headlines

NovoCure (NASDAQ:NVCR) Price Target Cut to $22.00
Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
Unveiling 8 Analyst Insights On NovoCure
Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
NovoCure (NVCR) Scheduled to Post Earnings on Thursday
NovoCure (NVCR) Receives a Buy from Wells Fargo
Why Novocure Stock Is Jumping Today
NovoCure: Sell The METIS-Inspired Rally
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/05/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:NVCR
Fax
N/A
Employees
1,453
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.88
High Stock Price Target
$51.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+108.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$-207,040,000.00
Pretax Margin
-37.65%

Debt

Sales & Book Value

Annual Sales
$525.66 million
Book Value
$3.39 per share

Miscellaneous

Free Float
101,505,000
Market Cap
$1.59 billion
Optionable
Optionable
Beta
0.50
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NVCR Stock Analysis - 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 year. There are currently 4 hold ratings and 5 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 target for 2024?

9 brokers have issued 12 month price objectives for NovoCure's stock. Their NVCR share price targets range from $15.00 to $51.00. On average, they expect the company's share price to reach $30.88 in the next twelve months. This suggests a possible upside of 108.9% 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 2024?

NovoCure's stock was trading at $14.93 on January 1st, 2024. Since then, NVCR shares have decreased by 1.0% and is now trading at $14.78.
View the best growth stocks for 2024 here
.

Are investors shorting NovoCure?

NovoCure saw a increase in short interest in April. As of April 15th, there was short interest totaling 6,040,000 shares, an increase of 20.6% from the March 31st total of 5,010,000 shares. Based on an average trading volume of 1,270,000 shares, the days-to-cover ratio is currently 4.8 days. Currently, 6.3% of the company's stock 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, July 25th 2024.
View our NVCR earnings forecast
.

How were NovoCure's earnings last quarter?

NovoCure Limited (NASDAQ:NVCR) issued its quarterly earnings data on Thursday, May, 2nd. The medical equipment provider reported ($0.36) EPS for the quarter, topping the consensus estimate of ($0.43) by $0.07. The medical equipment provider earned $138.50 million during the quarter, compared to the consensus estimate of $131.44 million. NovoCure had a negative net margin of 36.67% and a negative trailing twelve-month return on equity of 49.34%. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.50) EPS.

What ETFs hold NovoCure's stock?

ETFs with the largest weight of NovoCure (NASDAQ:NVCR) stock in their portfolio include Counterpoint Quantitative Equity ETF (CPAI) and Amplify BlueStar Israel Technology ETF (ITEQ).iShares U.S. Medical Devices ETF (IHI).

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?
Who are NovoCure's major shareholders?

NovoCure's stock is owned by a number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (1.85%), Taylor Frigon Capital Management LLC (0.12%), SpiderRock Advisors LLC (0.08%), Simplex Trading LLC (0.00%), Counterpoint Mutual Funds LLC (0.04%) and BNP Paribas Financial Markets (0.03%). 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, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NVCR) was last updated on 5/5/2024 by MarketBeat.com Staff

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