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Asset logo for symbol NVCR
Novocure Ltd
NVCR56
$26.33arrow_drop_down2.51%-$0.67
Asset logo for symbol NVCR
NVCR56

$26.33

arrow_drop_down2.51%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Novocure Ltd (NVCR) Stocklytics Forecast

Novocure Ltd (NVCR) is a medical device company that focuses on the development and commercialization of innovative therapies for the treatment of solid tumors. With a strong track record in the oncology space, Novocure has been at the forefront of advancing tumor treatment through its proprietary technology called Tumor Treating Fields (TTF). TTF therapy is a non-invasive approach that disrupts the division of cancer cells, inhibiting tumor growth and potentially improving patient outcomes.
Looking ahead, the stock price prediction for Novocure Ltd (NVCR) is highly optimistic. Analysts forecast a significant upward trend in the coming years, driven by the potential expansion of TTF therapy across various types of solid tumors. The market potential for this innovative therapy is immense, and Novocure's strong financial position and robust pipeline position it well for future growth.
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Frequently Asked Questions

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What is the analyst price prediction for Novocure Ltd (NVCR) stock?

Analysts have set a target price of $61.17 for Novocure Ltd (NVCR), based on forecasts from 30 analysts. The predicted price range extends from a high of $115 to a low of $15. This represents a potential increase of up to 336.76% and a decrease of -43.03% from the current price of $26.33. These forecasts are as of 2022 Oct 28.
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What are the analyst ratings for Novocure Ltd (NVCR) stock?

The analyst ratings for Novocure Ltd (NVCR) are distributed as follows: 5 analysts recommend buying, 2 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 7 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Novocure Ltd.
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What is the AI price prediction for Novocure Ltd (NVCR) stock?

At present, there is no AI or machine-learning-based price prediction available for Novocure Ltd (NVCR) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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