NovoCure (NVCR) Stock Price, News & Analysis

9 Wall Street equities 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 equities research analysts is that investors should "moderate buy" NVCR shares.
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9 analysts have issued 12-month price targets for NovoCure's shares. Their NVCR share price targets range from $15.00 to $51.00. On average, they expect the company's stock price to reach $31.13 in the next twelve months. This suggests a possible upside of 149.8% 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 shares have decreased by 16.5% and is now trading at $12.46.
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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) earnings per share for the quarter, topping analysts' consensus estimates of ($0.53) by $0.08. The medical equipment provider earned $133.80 million during the quarter, compared to analyst estimates 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%. The company's revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company posted ($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 number of institutional and retail investors. Top institutional investors 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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