Nuvectis Pharma Stock Target Price and Analyst Consensus

NVCT Stock  USD 6.53  0.44  7.22%   
The current analyst and expert consensus on Nuvectis Pharma is Strong Buy, with only one strong buy opinion. The current projected Nuvectis Pharma target price consensus is 20.67 with 3 analyst opinions. The most common way Nuvectis Pharma analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Nuvectis Pharma executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Nuvectis Pharma. We encourage you to use your own analysis of Nuvectis Pharma to validate this buy or sell advice. Nuvectis Pharma buy-or-sell recommendation module provides average expert sentiment on the projected Nuvectis Pharma target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Nuvectis Pharma to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Nuvectis Stock please use our How to Invest in Nuvectis Pharma guide.
Lowest Forecast
18.81
Highest Forecast
22.94
Target Price
20.67
Gross Profit is likely to drop to about (24 M) in 2024. Pretax Profit Margin is likely to drop to -121.04 in 2024. At this time, Nuvectis Pharma's Total Stockholder Equity is comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 17.2 M in 2024, whereas Accounts Payable is likely to drop slightly above 1.9 M in 2024.
  
It's important to approach Nuvectis Pharma's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Nuvectis Pharma Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nuvectis target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Nuvectis Pharma's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   3  Strong Buy
Most Nuvectis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Nuvectis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Nuvectis Pharma, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Nuvectis Pharma Target Price Projection

Nuvectis Pharma's current and average target prices are 6.53 and 20.67, respectively. The current price of Nuvectis Pharma is the price at which Nuvectis Pharma is currently trading. On the other hand, Nuvectis Pharma's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Nuvectis Pharma Market Quote on 7th of June 2024

Low Price6.06Odds
High Price6.84Odds

6.53

Target Price

Analyst Consensus On Nuvectis Pharma Target Price

Low Estimate18.81Odds
High Estimate22.94Odds

20.67

Historical Lowest Forecast  18.81 Target Price  20.67 Highest Forecast  22.94
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Nuvectis Pharma and the information provided on this page.

Nuvectis Pharma Analyst Ratings

Nuvectis Pharma's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Nuvectis Pharma stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Nuvectis Pharma's financials, market performance, and future outlook by experienced professionals. Nuvectis Pharma's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Nuvectis Pharma price targets

Nuvectis Pharma's stock target price is an estimate of its future price, usually made by analysts. Using Nuvectis Pharma's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Nuvectis Pharma's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Nuvectis Pharma's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Nuvectis Pharma Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Nuvectis Pharma is a key component of Nuvectis Pharma valuation and have some predictive power on the future returns of a Nuvectis Pharma.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nuvectis Pharma's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.246.3612.48
Details
Intrinsic
Valuation
LowRealHigh
3.829.9416.06
Details
Naive
Forecast
LowNextHigh
0.606.7312.85
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.29-0.26-0.23
Details

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Additional Tools for Nuvectis Stock Analysis

When running Nuvectis Pharma's price analysis, check to measure Nuvectis Pharma's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuvectis Pharma is operating at the current time. Most of Nuvectis Pharma's value examination focuses on studying past and present price action to predict the probability of Nuvectis Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuvectis Pharma's price. Additionally, you may evaluate how the addition of Nuvectis Pharma to your portfolios can decrease your overall portfolio volatility.