Novocure (NVCR) Stock Price
Novocure Price
Revenue has compounded at 41.3% per year over the past 12 years to 655.35 M USD. Novocure's net margin stands at -20.8%, down from -10.9% several years earlier. Analysts set a median price target of 26.00 USD, implying 77.6% above the current price. Of 13 analysts, 9 rate the stock a buy — an overall Buy consensus.
Novocure stock price
Novocure business model & stock analysis
Frequently asked questions about Novocure
The business model of Novocure Ltd focuses on developing and commercializing innovative oncology therapies. Novocure's flagship product, Optune, utilizes Tumor Treating Fields (TTFields) technology to disrupt cancer cell division and reduce tumor growth. This breakthrough treatment is primarily used for glioblastoma, a highly aggressive form of brain cancer. Novocure aims to improve patient outcomes by providing non-invasive and personalized therapies through ongoing research, clinical trials, and collaborations. As a leader in the field of oncology, Novocure continues to explore advancements in cancer treatment to positively impact the lives of patients worldwide.
Novocure Ltd is primarily active in the healthcare industry.
The main competitors of Novocure Ltd in the market include established companies such as Johnson & Johnson, Varian Medical Systems, and Accuray Incorporated.
Novocure Ltd is a renowned healthcare company specializing in the development and commercialization of innovative cancer treatment therapies. Established in 2000, Novocure focuses on utilizing Tumor Treating Fields (TTFields) to combat solid tumors. The company's first commercially approved product, Optune, has been proven effective in treating glioblastoma, an aggressive type of brain cancer. Novocure's extensive research and development efforts have led to several clinical trials and collaborations with leading medical institutions worldwide. By revolutionizing cancer therapy, Novocure Ltd is dedicated to improving the lives of patients and their families by offering a novel approach to fighting cancer.
Since its inception, Novocure Ltd has achieved numerous significant milestones. The company successfully developed and commercialized Optune, a breakthrough medical device for treating brain tumors. Novocure's endeavors have been acknowledged globally, with Optune gaining regulatory approvals in various countries, including the United States, Europe, and Japan. The company has had multiple successful clinical trials, proving the efficacy and safety of their innovative therapy. Novocure has also expanded its product portfolio, introducing Optune Lua for the treatment of malignant pleural mesothelioma. These milestones highlight Novocure Ltd's commitment to advancing treatment options and revolutionizing cancer care.
Novocure Ltd is primarily present in various countries and regions across the globe. The company has a significant presence in the United States, where it is headquartered. Additionally, Novocure operates in several European countries, including Germany, France, Italy, and the United Kingdom. The company also has a presence in Japan, as well as other Asian countries such as South Korea and Singapore. Furthermore, Novocure continues to expand its reach into new markets, demonstrating its commitment to establishing a global presence in the field of cancer treatment technologies.
Novocure Ltd represents a commitment to innovative cancer treatment. The company's corporate philosophy centers around providing patients with advanced therapies and improving their quality of life. Novocure focuses on developing and commercializing its proprietary tumor-treating fields (TTFields) technology, delivering electricity to disrupt cancer cell division. By merging science, engineering, and patient-centered care, Novocure aims to revolutionize cancer treatment and provide hope for patients. With a strong emphasis on research, development, and collaboration, Novocure strives to make a lasting impact in the fight against cancer.
Analysts currently set an average price target of 26.00 USD for the Novocure stock (median: 26.00 USD), implying +77.6 % versus the latest price. The consensus is based on 13 analyst ratings.
13 analysts currently rate the Novocure stock: 9 recommend buying, 4 holding and 0 selling. For 2026, analysts expect Novocure to generate revenue of 725.82 M USD and earnings per share of -1.26 USD.
Converted at the current exchange rate, the Novocure share trades at 13.06 EUR (14.64 USD).
The Novocure share (NVCR) is listed on 4 stock exchanges, including: NASDAQ (NVCR), Frankfurt (038.F), München (038.MU), Düsseldorf (038.DU).
Novocure Ltd is a biopharmaceutical company focused on the development and commercialization of proprietary therapies for the treatment of solid tumors. The company was founded in 2000 and is headquartered in Jersey, UK, with additional offices in the US, Germany, Japan, and Switzerland. Novocure's business model is based on the use of Tumor Treating Fields (TTF), a proprietary technology approach, through the use of Tumor Therapy Systems (TTS). TTF technology is a non-invasive method of cancer treatment that utilizes the application of electric fields to inhibit tumor growth. TTF technology is used in a portable device called Optune, which is approved as a medical device. Novocure's main product is the Optune System, currently used for the treatment of glioblastomas, a rare and hard-to-treat form of brain cancer. Optune is a portable device worn on the patient's head, generating electric fields to inhibit and slow down the growth of cancer cells. Treatment with Optune can extend the survival of patients with glioblastoma by several months and significantly improve their quality of life. In addition to Optune, Novocure is also working on the development of TTS systems for other types of cancer, including pancreatic cancer, lung cancer, and breast cancer. These products are currently in various stages of clinical development, and the company collaborates closely with researchers and clinicians to investigate the effectiveness of TTF technology in different types of cancer. Furthermore, Novocure has partnerships with various pharmaceutical companies to study the combination of TTF technology with other cancer drugs to enhance the effectiveness of chemotherapy. The company is also working on the development of TTS systems for the treatment of neurological disorders such as Alzheimer's and Parkinson's. Overall, Novocure's business model focuses on the development and commercialization of therapies for the treatment of solid tumors, with emphasis on TTF technology and the Optune System. The company also pursues a broader strategy of exploring new markets and applications for the technology, including collaborations with other companies and research institutions.
The expected revenue of Novocure is 725.82 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Novocure is -140.06 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Novocure is currently -11.65. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Novocure stock.
The price-to-sales ratio (P/S) of Novocure is currently 2.25. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Novocure stock.
The Eulerpool Quality Score for Novocure is 3/10.
The ISIN of Novocure is JE00BYSS4X48. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Novocure is A140ML. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Novocure is NVCR. The ticker symbol is used to trade Novocure shares on the stock exchange.
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All fundamentals and in-depth analysis of Novocure
Our stock analysis for Novocure stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Novocure. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.