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NovoCure Limited (NVCR)

Healthcare | Medical Devices | Baar, Switzerland | NasdaqGS
12.83 USD +0.21 (1.664%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 12.93 +0.10 (0.779%) ⇧ (April 17, 2026, 6:18 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 18, 2026, 10:36 p.m. EDT

Extreme long-term caution is warranted due to persistent operational cash burn (-$49M operating CF), negative ROE, and a forward P/E that cannot be calculated (Loss). While recent FDA approvals for Optune Pax and short-term price recovery suggest a potential sentiment reversal, the fundamental health of the company is currently brittle. The long-term investment case is insufficient (Rating 1) until sustainable profitability is demonstrated; the recent surge is likely a short-term promotional trade or momentum play instead of a value reset.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.119323
AutoETS0.119325
MSTL0.124261
AutoTheta0.169516

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 74%
H-stat 1.19
Ljung-Box p 0.000
Jarque-Bera p 0.533
Excess Kurtosis -0.37
Attribute Value
Sector Healthcare
Debt to Equity Ratio 72.945
Revenue per Share 5.879
Market Cap 1,459,982,080
Forward P/E -11.01
Beta 0.82
Profit Margins -20.79%
Website https://www.novocure.com

As of April 18, 2026, 10:36 p.m. EDT: Options data reveals a distinct asymmetry: speculative call activity is heavily skewed towards high strikes (20-25 range) with massive Open Interest (OI) building at 16, 21, and 25 strikes for May/June expirations. This indicates 'long gamma' positioning or a bullish liquidity play on momentum rather than directional conviction. Conversely, put activity is concentrated at lower strikes (8-10 range) but shows diminishing volume significantly further out, suggesting a lack of borne-out fear for deeper moves. The high OTM positioning percentage calls (>95% for June/Sept/Jan) suggests deep out-of-the-money call buyers are waiting for a catalyst-driven parabolic move, while ATM call positioning remains relatively thin compared to deep OTM. This flow signals a 'momentum contrarian' bias rather than a hedged portfolio position.


Info Dump

Attribute Value
52 Week Change -0.17650837
Address1 Neuhofstrasse 21
All Time High 232.76
All Time Low 5.95
Ask 16.42
Ask Size 2
Audit Risk 1
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 1,153,860
Average Daily Volume3 Month 1,889,072
Average Volume 1,889,072
Average Volume10Days 1,153,860
Beta 0.819
Bid 12.8
Bid Size 2
Board Risk 4
Book Value 3.027
City Baar
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 4
Country Switzerland
Crypto Tradeable 0
Currency USD
Current Price 12.83
Current Ratio 2.897
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 13.15
Day Low 12.775
Debt To Equity 72.945
Display Name NovoCure
Earnings Call Timestamp End 1,777,550,400
Earnings Call Timestamp Start 1,777,550,400
Earnings Timestamp 1,777,552,200
Earnings Timestamp End 1,777,552,200
Earnings Timestamp Start 1,777,552,200
Ebitda -135,159,008
Ebitda Margins -0.20624
Enterprise To Ebitda -9.327
Enterprise To Revenue 1.924
Enterprise Value 1,260,661,120
Eps Current Year -1.53571
Eps Forward -1.16571
Eps Trailing Twelve Months -1.22
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.777
Fifty Day Average Change 1.0529995
Fifty Day Average Change Percent 0.08941152
Fifty Two Week Change Percent -17.650837
Fifty Two Week High 20.06
Fifty Two Week High Change -7.2299995
Fifty Two Week High Change Percent -0.36041874
Fifty Two Week Low 9.82
Fifty Two Week Low Change 3.0100002
Fifty Two Week Low Change Percent 0.30651733
Fifty Two Week Range 9.82 - 20.06
Financial Currency USD
First Trade Date Milliseconds 1,443,706,200,000
Float Shares 94,631,420
Forward Eps -1.16571
Forward P E -11.006168
Free Cashflow -37,975,376
Full Exchange Name NasdaqGS
Full Time Employees 1,605
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.74797
Gross Profits 490,184,000
Has Pre Post Market Data 1
Held Percent Insiders 0.094799995
Held Percent Institutions 0.86772
Implied Shares Outstanding 113,794,396
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary NovoCure Limited, an oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Germany, France, Japan, Greater China, and internationally. Its TTFields devices include Optune Gio, Optune Lua, and Optune Pax. The company also has ongoing clinical trials investigating TTFields in brain metastases, gastric cancer, glioblastoma, liver cancer, non-small cell lung cancer, pancreatic cancer, and ovarian cancer. NovoCure Limited was incorporated in 2000 and is headquartered in Baar, Switzerland.
Long Name NovoCure Limited
Market us_market
Market Cap 1,459,982,080
Market State CLOSED
Max Age 86,400
Message Board Id finmb_69172456
Most Recent Quarter 1,767,139,200
Net Income To Common -136,227,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,459,982,100
Number Of Analyst Opinions 7
Open 12.99
Operating Cashflow -49,031,000
Operating Margins -0.21327
Overall Risk 3
Payout Ratio 0.0
Post Market Change 0.10000038
Post Market Change Percent 0.7794262
Post Market Price 12.93
Post Market Time 1,776,464,313
Previous Close 12.62
Price Eps Current Year -8.354442
Price Hint 2
Price To Book 4.23852
Price To Sales Trailing12 Months 2.2277796
Profit Margins -0.20787
Quick Ratio 2.509
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.71429
Region US
Regular Market Change 0.21
Regular Market Change Percent 1.66403
Regular Market Day High 13.15
Regular Market Day Low 12.775
Regular Market Day Range 12.775 - 13.15
Regular Market Open 12.99
Regular Market Previous Close 12.62
Regular Market Price 12.83
Regular Market Time 1,776,456,000
Regular Market Volume 1,366,158
Return On Assets -0.09064
Return On Equity -0.38886002
Revenue Growth 0.081
Revenue Per Share 5.879
Sand P52 Week Change 0.38150132
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 3
Shares Outstanding 113,794,396
Shares Percent Shares Out 0.0796
Shares Short 9,055,343
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 9,127,904
Short Name NovoCure Limited
Short Percent Of Float 0.1245
Short Ratio 6.78
Source Interval 15
Symbol NVCR
Target High Price 49.0
Target Low Price 13.5
Target Mean Price 25.07143
Target Median Price 25.0
Total Cash 447,673,984
Total Cash Per Share 3.934
Total Debt 248,352,992
Total Revenue 655,353,024
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.22
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.774825
Two Hundred Day Average Change 0.055174828
Two Hundred Day Average Change Percent 0.004319028
Type Disp Equity
Volume 1,366,158
Website https://www.novocure.com
Zip 6,340