Subscribe

Novartis AG (NOVN.SW)

CHF123.16 -1.42 (-1.14%)
CH SIX Healthcare Drug Manufacturers - General
Address Lichtstrasse 35 4056
Basel, BS, CH
CEO Vasant Narasimhan
IPO 1996-03-08
ISIN CH0012005267

Explore sections of this company profile

Also trades on New York Stock Exchange · NVS (USD) Other OTC · NVSEF (USD) Swiss Exchange · NOVN.SW (CHF)
Description

Novartis AG researches, develops, manufactures, distributes, markets, and sells pharmaceutical medicines in Switzerland and internationally. The company offers Entresto, an angiotensin receptorneprilysin inhibitor to treat symptomatic chronic heart failure with reduced ejection fraction (HFrEF); Cosentyx to treat plaque psoriasis, pso riatic arthritis, ankylosing spondylitis, and nonradiographic axial spondy loarthritis; Kisqali, a selective oral cyclin dependent inhibitor of kinases 4 and 6 (CDK4/6); Promacta/Revolade to treat immune thrombocytopenia (ITP), thrombocytopenia, and patients with severe aplastic anemia (SAA); Tafinlar+Mekinist, an oral combination therapy to treat patients with certain types of cancers; and Jakavi for the treatment of myelofibrosis, polycythemia vera, and acute or chronic graftversushost disease (GvHD). It also provides Tasigna to treat philadelphia chromosomepositive chronic myeloid leukemia in the chronic and/or accelerated phase; Xolair for the treatment of allergic asthma and nasal polyps or severe chronic rhinosi nusitis with nasal polyps; Ilaris to treat fever syndromes, Still’s disease, and acute gouty arthritis; Pluvicto to treat prostatespecific membrane anti genpositive metastatic castrationresistant prostate cancer; Sandostatin SC and Sandostatin LAR to treat acromegaly carcinoid tumors and other types of functional gastro intestinal and pancreatic neuroendocrine tumors; Zolgensma for the treatment of genetic root cause of spinal muscular atrophy; Lucentis; Leqvio to reduce LDL cholesterol; Lutathera; Scemblix; and Fabhalta. The company focuses on therapeutic areas, such as cardiovascular, renal and metabolic, immunology, neuroscience, oncology, and hematology. It has a license and collaboration agreement with Alnylam Pharmaceuticals, Inc. to develop, manufacture, and commercialize Leqvio (inclisiran), a therapy to reduce LDL cholesterol. Novartis AG was incorporated in 1996 and is headquartered in Basel, Switzerland.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
CHF123.16 -1.42 (-1.14%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
3M
Beta
0.49
Float Shares
1.82B
Free Float %
95.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.37% -1.82% +1.66% -9.72% +12.77% +8.59% +23.92% +35.18% +49.29% +68.92% +706.43%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (20 ratings, all time) Hold
Price Targets & DCF
Current price
123.16
DCF (Unlevered) 238.32 +93.5%
DCF (Levered) 182.33 +48.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 43% Bullish
Rating 2026-05 Change
Strong Buy 5 0
Buy 5 0
Hold 10 0
Sell 3 0
Strong Sell 0 -1
Quality scores
Altman Z-Score
3.48
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
8 / 10
Strong MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers ★ Strong MOAT
  • Revenue growth Drug Manufacturers - General: +6.6%
    +10.5% Q1'26: -5.8% (vs Q1'25)
  • EPS growth Drug Manufacturers - General: +18.2%
    +27.6% Q1'26: -11.5% (vs Q1'25)
  • FCF margin FCF growth · Drug Manufacturers - General: +36.0%
    +27.0% Q1'26: +25.4% (vs Q1'25)
  • EBIT margin Drug Manufacturers - General: +19.4%
    +32.2% Q1'26: +28.5% (vs Q1'25)
  • ROIC Drug Manufacturers - General: +10.2%
    +21.8% Q1'26: +15.2% (vs Q1'25)
  • Share dilution Drug Manufacturers - General: +0.0%
    -3.9% Q1'26: -3.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Drug Manufacturers - General: -0.29×
    1.54× Q1'26: 2.44× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.49) × ERP
WACC = 89% × Ke + 11% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 238.32 Current price: 123.16
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2001
actual
Dec 2002
actual
Dec 2003
actual
Dec 2004
actual
Dec 2005
actual
Dec 2006
actual
Dec 2007
actual
Dec 2008
actual
Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
20 Rev. Ana.
15 EPS Ana.
Dec 2027
20 Rev. Ana.
15 EPS Ana.
Dec 2028
17 Rev. Ana.
7 EPS Ana.
Dec 2029
14 Rev. Ana.
2 EPS Ana.
Dec 2030
8 Rev. Ana.
5 EPS Ana.
Revenue
18.76B
est: 19.07B (-1.6%)
20.88B
est: 24.47B (-14.7%)
24.93B
est: 24.79B (+0.6%)
27.28B
est: 28.95B (-5.8%)
29.75B
est: 32.57B (-8.7%)
35.11B
est: 37.28B (-5.8%)
38.95B
est: 40.34B (-3.5%)
42.58B
est: 41.41B (+2.8%)
45.10B
est: 44.02B (+2.5%)
51.56B
est: 51.51B (+0.1%)
59.38B
est: 59.65B (-0.5%)
51.97B
est: 57.56B (-9.7%)
52.72B
est: 58.91B (-10.5%)
53.63B
est: 58.99B (-9.1%)
50.39B
est: 50.28B (+0.2%)
49.44B
est: 49.60B (-0.3%)
43.40B
est: 47.92B (-9.4%)
46.10B
est: 51.50B (-10.5%)
48.68B
est: 46.48B (+4.7%)
49.90B
est: 43.53B (+14.6%)
43.97B
est: 47.51B (-7.4%)
43.46B
est: 47.61B (-8.7%)
46.66B
est: 54.53B (-14.4%)
51.72B
est: 50.44B (+2.6%)
57.13B
est: 55.45B (+3.0%)
55.58B
53.89B – 56.99B
+0.2% YoY
59.00B
57.23B – 62.45B
+6.1% YoY
62.79B
60.89B – 65.45B
+6.4% YoY
65.51B
63.53B – 68.29B
+4.3% YoY
68.33B
66.26B – 71.23B
+4.3% YoY
EBITDA
5.95B
est: 6.04B (-1.6%)
7.19B
est: 7.88B (-8.8%)
7.26B
est: 7.04B (+3.2%)
7.97B
est: 9.80B (-18.7%)
8.78B
est: 10.17B (-13.6%)
10.18B
est: 11.01B (-7.5%)
10.58B
est: 12.11B (-12.6%)
12.46B
est: 17.34B (-28.1%)
12.77B
est: 13.77B (-7.2%)
15.81B
est: 13.99B (+13.1%)
17.09B
est: 17.70B (-3.4%)
16.53B
est: 15.79B (+4.7%)
15.90B
est: 16.37B (-2.9%)
17.66B
est: 15.47B (+14.1%)
14.36B
est: 15.34B (-6.4%)
14.57B
est: 22.96B (-36.6%)
14.59B
est: 13.60B (+7.3%)
20.24B
est: 15.36B (+31.8%)
15.62B
est: 17.53B (-10.9%)
17.21B
est: 20.10B (-14.4%)
30.91B
est: 21.25B (+45.5%)
14.68B
est: 22.03B (-33.4%)
18.26B
est: 24.56B (-25.7%)
20.72B
est: 24.53B (-15.5%)
23.96B
est: 24.97B (-4.1%)
25.03B
24.27B – 25.67B
+0.2% YoY
26.57B
25.77B – 28.13B
+6.1% YoY
28.28B
27.43B – 29.48B
+6.4% YoY
29.51B
28.62B – 30.76B
+4.3% YoY
30.77B
29.84B – 32.08B
+4.3% YoY
EBIT
4.91B
est: 4.48B (+9.6%)
5.89B
est: 5.54B (+6.4%)
5.98B
est: 5.14B (+16.4%)
6.67B
est: 6.80B (-1.9%)
7.16B
est: 7.28B (-1.7%)
8.26B
est: 7.85B (+5.3%)
7.72B
est: 8.60B (-10.2%)
9.79B
est: 6.96B (+40.6%)
10.47B
est: 9.53B (+9.9%)
12.39B
est: 11.41B (+8.6%)
11.31B
est: 13.35B (-15.3%)
11.96B
est: 10.61B (+12.7%)
11.49B
est: 11.76B (-2.3%)
12.98B
est: 10.91B (+18.9%)
8.79B
est: 9.61B (-8.5%)
8.52B
est: 8.56B (-0.4%)
9.85B
est: 8.38B (+17.6%)
15.03B
est: 9.24B (+62.6%)
9.79B
est: 13.02B (-24.8%)
10.75B
est: 9.45B (+13.7%)
25.32B
est: 10.00B (+153.2%)
7.98B
est: 10.36B (-23.0%)
9.98B
est: 17.21B (-42.0%)
14.65B
est: 16.01B (-8.5%)
18.38B
est: 17.50B (+5.0%)
17.54B
17.01B – 17.99B
+0.2% YoY
18.62B
18.06B – 19.71B
+6.1% YoY
19.82B
19.22B – 20.66B
+6.4% YoY
20.68B
20.05B – 21.55B
+4.3% YoY
21.56B
20.91B – 22.48B
+4.3% YoY
Net Income
3.84B
est: 4.10B (-6.4%)
4.73B
est: 5.35B (-11.6%)
4.74B
est: 4.76B (-0.4%)
5.37B
est: 5.86B (-8.4%)
6.13B
est: 6.49B (-5.5%)
7.18B
est: 7.01B (+2.3%)
11.95B
est: 7.77B (+53.8%)
8.20B
est: 12.26B (-33.2%)
8.40B
est: 8.71B (-3.6%)
9.79B
est: 9.60B (+2.0%)
8.94B
est: 11.34B (-21.2%)
9.27B
est: 8.79B (+5.4%)
9.18B
est: 9.71B (-5.5%)
10.21B
est: 9.19B (+11.1%)
17.78B
est: 8.85B (+101.0%)
6.71B
est: 17.21B (-61.0%)
7.70B
est: 6.80B (+13.4%)
12.61B
est: 8.18B (+54.1%)
11.73B
est: 11.57B (+1.4%)
8.07B
est: 12.21B (-33.9%)
24.02B
est: 12.91B (+86.1%)
6.96B
est: 13.38B (-48.0%)
14.85B
est: 11.25B (+32.0%)
11.94B
est: 14.86B (-19.6%)
14.65B
est: 16.89B (-13.3%)
18.04B
15.68B – 18.13B
+6.8% YoY
20.00B
17.19B – 20.48B
+10.9% YoY
22.39B
18.99B – 23.94B
+12.0% YoY
22.32B
21.45B – 23.56B
-0.3% YoY
24.09B
23.14B – 25.42B
+7.9% YoY
SGA
7.17B
est: 7.40B (-3.2%)
7.88B
est: 9.66B (-18.4%)
9.24B
est: 8.19B (+12.8%)
9.99B
est: 10.79B (-7.4%)
10.63B
est: 11.72B (-9.2%)
11.97B
est: 13.21B (-9.4%)
13.26B
est: 13.43B (-1.3%)
14.10B
est: 13.61B (+3.6%)
14.33B
est: 14.99B (-4.4%)
15.80B
est: 16.38B (-3.6%)
18.05B
est: 18.29B (-1.3%)
15.12B
est: 17.42B (-13.2%)
15.24B
est: 17.67B (-13.7%)
14.99B
est: 17.63B (-15.0%)
14.25B
est: 12.99B (+9.7%)
14.19B
est: 13.66B (+3.9%)
12.47B
est: 14.29B (-12.7%)
13.72B
est: 13.24B (+3.6%)
14.37B
est: 12.56B (+14.4%)
14.20B
est: 14.90B (-4.7%)
12.83B
est: 15.76B (-18.6%)
12.19B
est: 16.33B (-25.4%)
12.52B
est: 14.46B (-13.5%)
12.57B
est: 18.18B (-30.9%)
13.87B
est: 14.71B (-5.7%)
14.74B
14.29B – 15.12B
+0.2% YoY
15.65B
15.18B – 16.56B
+6.1% YoY
16.65B
16.15B – 17.36B
+6.4% YoY
17.38B
16.85B – 18.11B
+4.3% YoY
18.12B
17.58B – 18.89B
+4.3% YoY
EPS
1.49
est: 0.97 (+52.8%)
1.88
est: 1.38 (+35.9%)
1.99
est: 1.59 (+25.2%)
2.28
est: 2.21 (+3.3%)
2.63
est: 2.05 (+28.0%)
3.06
est: 2.57 (+19.0%)
5.15
est: 2.91 (+77.0%)
3.62
est: 3.41 (+6.0%)
3.70
est: 4.05 (-8.6%)
4.28
est: 5.56 (-23.1%)
3.75
est: 6.02 (-37.7%)
3.93
est: 5.57 (-29.4%)
3.76
est: 5.67 (-33.7%)
4.21
est: 5.70 (-26.1%)
7.40
est: 4.24 (+74.6%)
2.82
est: 3.88 (-27.3%)
3.28
est: 3.99 (-17.9%)
5.44
est: 4.39 (+24.0%)
3.12
est: 4.95 (-36.9%)
3.55
est: 5.49 (-35.4%)
10.71
est: 5.95 (+80.1%)
3.19
est: 5.70 (-44.0%)
7.11
est: 5.50 (+29.4%)
5.92
est: 7.54 (-21.5%)
7.56
est: 8.93 (-15.3%)
8.48
8.02 – 9.27
-5.0% YoY
9.46
8.79 – 10.48
+11.5% YoY
10.54
9.71 – 12.25
+11.4% YoY
11.42
10.97 – 12.05
+8.4% YoY
12.32
11.84 – 13.00
+7.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-28 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-27 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-26 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-22 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-21 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-20 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-19 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-18 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-15 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-13 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-12 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-11 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-05-08 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5
2026-05-07 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5
2026-05-06 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5
2026-05-05 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5
2026-05-04 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5
2026-04-30 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5
2026-04-29 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5
2026-04-28 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5
2026-04-27 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5
2026-04-24 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5
2026-04-23 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-22 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-21 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-20 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-17 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-16 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5
2026-04-15 A- 4/5 4/5 5/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
17.20B
OE per share TTM
8.81
Owner's Yield
7.65%
Maintenance CapEx ratio
17.52%
Maint CapEx / Avg PPE
25.5%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
2
Total invested
6.85M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
2
+0 vs prev Q
New positions
0
Closed positions
0
Increased
0
Reduced
2
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 PARTNERS CAPITAL INVESTMENT GROUP, LLP 31.3K -11.1K (-26.2%) 4.32M -1.0M (-19.1%) 0.00% -0.001 pp 0.16% -0.052 pp CHF97.84 +12.0% 11 qtrs
2 GENERALI INVESTMENTS CEE, INVESTICNI SPOLECNOST, A.S. 18.1K +— (+0.0%) 2.50M +227.6K (+10.0%) 0.00% +0.000 pp 0.18% +0.003 pp CHF88.70 +23.6% 5 qtrs
3 BOSTON COMMON ASSET MANAGEMENT, LLC -129.0K (-100.0%) -16.2M (-100.0%) 0.00% -0.007 pp 0.00% -0.454 pp CHF 12 qtrs SOLD
4 -560.0 (-100.0%) -70.5K (-100.0%) 0.00% +0.000 pp 0.00% -0.013 pp CHF 2 qtrs SOLD
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
242.6K
Shares Outstanding
1.91B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Vasant Narasimhan Chief Executive Officer 8M
Victor Bulto President of US 3M male
Mukul Mehta Chief Financial Officer 3M male
Patrick Horber President of International 3M
Karen L. Hale Chief Legal & Compliance Officer 2M female
Steffen Lang President of Operations 2M male
Robert Kowalski Chief People & Organization Officer 2M
Sloan Simpson Global Head of Investor Relations female
Evan Beckman Global Head of Translational Medicine at Novartis Institute for BioMedical Research male
Paul Penepent Head of Group Financial Reporting and Accounting
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits