# Novartis (NVS) — Analyst Forecast

NVS · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/nvs/forecast

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Sep 10, 2026 | HSBC | Upgraded | Reduce → Hold | $136.00 |
| Mar 26, 2026 | Morgan Stanley | Maintained | Overweight | $170.00 |
| Jan 6, 2026 | Barclays | Upgraded | Underweight → Equal-Weight | — |
| Dec 8, 2025 | JP Morgan | Upgraded | Neutral → Overweight | — |
| Oct 27, 2025 | Jefferies | Initiated Coverage | Hold | — |
| Sep 12, 2025 | Goldman Sachs | Downgraded | Neutral → Sell | $118.00 |
| Feb 13, 2025 | UBS | Downgraded | Buy → Neutral | — |
| Nov 19, 2024 | Erste Group | Downgraded | Buy → Hold | — |
| Oct 30, 2024 | BMO Capital | Maintained | Market Perform | $120.00 |
| Sep 11, 2024 | B of A Securities | Downgraded | Buy → Neutral | $130.00 |
| Sep 5, 2024 | Goldman Sachs | Downgraded | Buy → Neutral | $121.00 |
| Sep 3, 2024 | Jefferies | Downgraded | Buy → Hold | — |
| Jul 2, 2024 | Jefferies | Maintained | Buy | $122.50 |
| Apr 24, 2024 | BMO Capital | Maintained | Market Perform | $116.00 |
| Feb 23, 2024 | BMO Capital | Initiated Coverage | Market Perform | $114.00 |
| Jan 23, 2024 | Morgan Stanley | Initiated Coverage | Equal-Weight | $114.00 |
| Sep 25, 2023 | Morgan Stanley | Upgraded | Underweight → Equal-Weight | — |

## Frequently Asked Questions

### What is the latest analyst rating on NVS?

On Sep 10, 2026, HSBC upgraded Novartis to Hold with a price target of $136.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).