NASDAQ:NVCR

NovoCure (NVCR) Stock Price, News & Analysis

$15.53
-0.02 (-0.13%)
(As of 05/7/2024 ET)
Today's Range
$15.31
$16.25
50-Day Range
$11.83
$17.29
52-Week Range
$10.87
$83.60
Volume
904,367 shs
Average Volume
1.33 million shs
Market Capitalization
$1.67 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
98.8% 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
0.06mentions of NovoCure in the last 14 days
Based on 18 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.

4.15 out of 5 stars

Medical Sector

146th out of 903 stocks

Surgical & Medical Instruments Industry

22nd out of 95 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
AI “wealth window” is closing June 25th
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
Unveiling 8 Analyst Insights On NovoCure
AI “wealth window” is closing June 25th
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
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
5/08/2024
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
+98.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$-207,040,000.00
Pretax Margin
-32.78%

Debt

Sales & Book Value

Annual Sales
$509.34 million
Book Value
$3.39 per share

Miscellaneous

Free Float
101,509,000
Market Cap
$1.67 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 research 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 research 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 brokerages have issued 1-year price targets for NovoCure's stock. Their NVCR share price targets range from $15.00 to $51.00. On average, they anticipate the company's share price to reach $30.88 in the next year. This suggests a possible upside of 98.8% 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 at the start of the year. Since then, NVCR shares have increased by 4.0% and is now trading at $15.53.
View the best growth stocks for 2024 here
.

Are investors shorting NovoCure?

NovoCure saw a increase in short interest during the month of 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 daily volume of 1,270,000 shares, the days-to-cover ratio is presently 4.8 days. Currently, 6.3% of the shares of the company 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 results on Thursday, May, 2nd. The medical equipment provider reported ($0.36) earnings per share for the quarter, beating the consensus estimate of ($0.43) by $0.07. The medical equipment provider had revenue of $138.50 million for the quarter, compared to analyst estimates of $131.44 million. NovoCure had a negative net margin of 36.67% and a negative trailing twelve-month return on equity of 50.35%. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous 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 many different institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (1.85%), SG Americas Securities LLC (0.33%), Taylor Frigon Capital Management LLC (0.12%), SpiderRock Advisors LLC (0.08%), Quantbot Technologies LP (0.06%) and Simplex Trading LLC (0.00%). 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 5/8/2024 by MarketBeat.com Staff

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