NovoCure (NVCR) Stock Price, News & Analysis

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NovoCure in the last twelve months. 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.
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9 brokerages have issued 1 year target prices for NovoCure's stock. Their NVCR share price targets range from $15.00 to $51.00. On average, they anticipate the company's stock price to reach $31.13 in the next twelve months. This suggests a possible upside of 158.3% from the stock's current price.
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NovoCure's stock was trading at $14.93 at the beginning of the year. Since then, NVCR stock has decreased by 19.3% and is now trading at $12.05.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
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NovoCure will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

NovoCure Limited (NASDAQ:NVCR) released its earnings results on Thursday, February, 22nd. The medical equipment provider reported ($0.45) EPS for the quarter, beating the consensus estimate of ($0.53) by $0.08. The medical equipment provider had revenue of $133.80 million for the quarter, compared to the consensus estimate of $133.80 million. NovoCure had a negative trailing twelve-month return on equity of 51.63% and a negative net margin of 40.65%. NovoCure's revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.36) earnings per share.

ETFs with the largest weight of NovoCure (NASDAQ:NVCR) stock in their portfolio include Amplify BlueStar Israel Technology ETF (ITEQ), Principal Healthcare Innovators ETF (BTEC), Invesco Nasdaq Biotechnology ETF (IBBQ) and iShares U.S. Medical Devices ETF (IHI).First Trust Nasdaq Pharmaceuticals ETF (FTXH).

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.

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 (VNOM), Roku (ROKU), Salesforce (CRM) and Block (SQ).

NovoCure's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Counterpoint Mutual Funds LLC (0.04%) and GAMMA Investing 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.
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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.
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