NVCR — Novocure Ltd

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Novocure Ltd

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, gliobla… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$16.99
Market Cap$2.10B
Float95.4M
Shares Outstanding115.8M
P/E (Forward)909.09
Price/Sales (TTM)3.11
vs. Analyst Target+54.7% to analyst PT
Profit Margin-25.66%
Operating Margin (TTM)-38.74%
Revenue (TTM)$674M
Earnings Growth (YoY)-6.00%
Dividend RateNone
Analyst Target Price$26.29 (7 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $494M $19.8M $388M $44.8M
2021 $535M -$58.4M $420M -$34.1M
2022 $538M -$92.5M $423M -$78.9M
2023 $509M -$207M $381M -$177M
2024 $605M -$169M $468M -$110M
2025 $655M -$136M $488M -$119M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $159M -$40.1M
Sep 2025 $167M -$37.3M
Dec 2025 $174M -$24.5M
Mar 2026 $174M -$71.1M

Ownership & Float

Insider Ownership10.0%
Institutional Ownership87.5%
Short Float7.3%
% of All Funds Holding2.38%
Number of Funds Holding196

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$14.44Near-term / short-term trend
Weekly40-Week SMA$13.10Medium-term trend
Weekly80-Week SMA$16.51Cyclical trend (business cycle)
Weekly200-Week SMA$30.91Secular trend (multi-year)
Monthly10-Month SMA$13.30Near-term monthly trend
Monthly20-Month SMA$16.30Medium-term monthly trend
Monthly40-Month SMA$22.69Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$17.60 resistance 1.47x 9 months ago

Historical Earnings Reactions (43 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.11% 0.07% 51.16% 6.21% -7.12%
1 Day -0.10% -0.44% 41.86% 15.99% -10.65%
1 Week 3.32% 2.41% 55.81% 37.38% -16.39%
2 Weeks 2.45% -1.43% 41.86% 54.97% -15.47%
1 Month 6.04% 3.79% 57.14% 79.58% -40.32%

Next earnings: July 19, 2026 (52 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-2.6%27.3%11
Feb-0.2%45.5%11
Mar-3.5%45.5%11
Apr10.8%54.5%11
May13.5%80.0%10
Jun-2.7%40.0%10
Jul-0.5%50.0%10
Aug2.0%60.0%10
Sep-2.1%40.0%10
Oct-9.2%20.0%10
Nov7.7%63.6%11
Dec6.5%54.5%11

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.10% 48.2% 500
Tuesday -0.06% 47.8% 552
Wednesday 0.49% 53.5% 548
Thursday 0.11% 49.3% 538
Friday -0.15% 46.8% 538

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 87.5%

Insider Transactions — Smart Summary

Total insider ownership: 10.0%

12-Month Insider Activity Summary

Total Filings23
Net Value-$1.6M
Net Shares Change662,460
% of Float0.7%
C-Suite Filings15
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Cordova Ashley Chief Executive Officer +$996,859.045 1 1 buy
DOYLE WILLIAM F Executive Chairman -$932,884.788 1 N/A
Paravasthu Mukund Chief Operating Officer -$693,965.893 2 1 sell
Leonard Frank X Chief Executive Officer -$603,015.26 2 N/A
Brackmann Christoph Chief Financial Officer +$146,485.775 2 1 buy
Weinberg Uri Chf Medical and Innovation Ofr -$85,314.225 1 N/A
Puri Michal Nath Chief Human Resources Officer -$14,635.94 1 N/A

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-06-04 – 2025-06-04 9 9 -$666,567.189 1 C-suite
2026-03-03 – 2026-03-05 12 7 -$2.3M 12 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-05 Paravasthu Mukund Chief Operating Officer -$667,213.54 Transaction at $13.54, now +25.5%
2025-09-08 Cordova Ashley Chief Executive Officer +$996,859.045 Transaction at $12.22, now +39.0%
2025-07-30 Brackmann Christoph Chief Financial Officer +$231,800 Transaction at $11.59, now +46.6%
2026-03-05 Weinberg Uri Chf Medical and Innovation Ofr -$85,314.225 Transaction at $13.31, now +27.7%
2026-03-05 Puri Michal Nath Chief Human Resources Officer -$14,635.94 Transaction at $13.31, now +27.7%
2026-03-05 Leonard Frank X Chief Executive Officer -$74,603.378 Transaction at $13.31, now +27.7%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Novocure Ltd (NVCR) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for NVCR on Trend Edge →