Novartis stock trades at EUR 128.19 with minus 0.07 percent
Published on 09/30/2026 at 11:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Novartis stock (ISIN CH0012005267) trades at EUR 128.19 at Lang & Schwarz on September 30, 2026, with minus 0.07 percent versus the prior close of EUR 128.28. The central issue for the pharmaceutical group is pipeline confidence after two clinical setbacks and a sharp reassessment by Deutsche Bank.
Deutsche Bank cuts its target
According to Investing.com on September 9, 2026, Deutsche Bank downgraded Novartis from Buy to Hold and cut its price target from CHF 140.00 to CHF 120.00. The bank linked the decision to disappointing results for del-desiran in DM1 and the earlier pelacarsen setback.
The revised target is CHF 8.19 below the Lang & Schwarz price when comparing currencies is avoided; the analyst target is a separate Swiss franc reference, not a conversion of the euro quote. The report also cited patent-cliff pressure across Cosentyx, Kisqali and Kesimpta in the early 2030s.
Q2 figures set the earnings base
MarketBeat reported that Novartis posted quarterly revenue of USD 14.95 billion and earnings of USD 2.41 per share for the quarter reported in 2026. The same report described a Hold consensus with an average target of USD 153.00, based on six Buy ratings and ten Hold ratings.
Novartis lists its second quarter 2026 results as released on July 21, 2026, on its Novartis investor page. The figures give investors a concrete earnings base, while the analyst split shows how pipeline execution now competes with current profitability in the stock narrative.
October 26 is the next checkpoint
MarketScreener lists October 26, 2026, as the earnings release date for Novartis third quarter 2026 results. That date will put the latest operating performance against the current valuation debate.
Novartis stock holds near EUR 128
At Lang & Schwarz, Novartis stock was trading at EUR 128.19 on September 30, 2026, at 11:17 a.m. CEST, down EUR 0.09 or minus 0.07 percent versus the prior close of EUR 128.28. The market capitalization stood at USD 277.0 billion as of September 29, 2026.
Novartis stock facts
- Company: Novartis AG
- ISIN: CH0012005267
- Ticker: NOVN
- Primary exchange: SIX
- Price Lang & Schwarz as of September 30, 2026, 11:17 a.m. CEST: EUR 128.19
- Change versus prior close: minus 0.07 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 128.28
- Market capitalization: USD 277.0 billion (as of September 29, 2026)
- Sector / Industry: Health Care / Pharmaceuticals
- Next earnings date: October 26, 2026
