NVCR — Novocure Ltd

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

Trend Edge Setup Score

Trend Edge rates NVCR Bearish with a Setup Score of 68, net conviction 33, actionability 142. How the Setup Score works →

Total Setup Score68
Directional BiasBearish
Net Conviction33
Actionability142 (in range)

Key signals behind this score

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$17.62
Market Cap$2.07B
Float96.4M
Shares Outstanding116.4M
P/E (Forward)909.09
Price/Sales (TTM)2.96
vs. Analyst Target+54.0% to analyst PT
Profit Margin-21.25%
Operating Margin (TTM)-5.75%
Revenue (TTM)$699M
Earnings Growth (YoY)-6.00%
Dividend RateNone
Analyst Target Price$27.14 (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
Sep 2025 $167M -$37.3M
Dec 2025 $174M -$24.5M
Mar 2026 $174M -$71.1M
Jun 2026 $184M -$15.7M

Ownership & Float

Insider Ownership10.0%
Institutional Ownership90.7%
Short Float10.5%
% of All Funds Holding2.44%
Number of Funds Holding215

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$16.54Near-term / short-term trend
Weekly40-Week SMA$14.34Medium-term trend
Weekly80-Week SMA$14.94Cyclical trend (business cycle)
Weekly200-Week SMA$26.86Secular trend (multi-year)
Monthly10-Month SMA$14.26Near-term monthly trend
Monthly20-Month SMA$15.43Medium-term monthly trend
Monthly40-Month SMA$18.81Secular 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.

Volume shelf data not available.

Historical Earnings Reactions (44 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.03% 0.07% 52.27% 6.21% -7.12%
1 Day -0.36% -0.47% 40.91% 15.99% -11.71%
1 Week 2.66% 2.07% 54.55% 37.38% -25.76%
2 Weeks 1.98% -1.58% 40.91% 54.97% -18.01%
1 Month 6.04% 3.80% 58.14% 79.58% -40.32%

Next earnings: October 29, 2026 (64 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
May13.3%81.8%11
Jun-3.4%36.4%11
Jul-0.6%45.5%11
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 0.09% 48.1% 513
Tuesday -0.06% 47.9% 564
Wednesday 0.47% 53.3% 561
Thursday 0.17% 49.5% 551
Friday -0.19% 46.4% 549

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 90.7%

Insider Transactions — Smart Summary

Total insider ownership: 10.0%

12-Month Insider Activity Summary

Total Filings21
Net Value-$1.9M
Net Shares Change625,760
% of Float0.6%
C-Suite Filings14
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Cordova Ashley Chief Executive Officer +$996,859.045 1 1 buy
Paravasthu Mukund Chief Operating Officer -$667,213.54 1 1 sell
Leonard Frank X Chief Executive Officer -$614,634.845 1 N/A
Weinberg Uri Chf Medical and Innovation Ofr -$85,314.225 1 N/A
Stafford Kristin -$46,444.712 1 N/A
Scannell Timothy J -$46,444.712 1 N/A
Ocean Allyson J -$46,444.712 1 N/A
Hung David -$46,444.712 1 N/A

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-03-03 – 2026-03-05 12 7 -$2.3M 12 C-suite
2026-06-03 – 2026-06-05 8 8 -$939,747.826 1 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-09-08 Cordova Ashley Chief Executive Officer +$996,859.045 Transaction at $12.22, now +44.1%
2026-03-05 Paravasthu Mukund Chief Operating Officer -$667,213.54 Transaction at $13.54, now +30.1%
2026-06-03 Stafford Kristin -$46,444.712 Transaction at $15.77, now +11.7%
2026-06-03 Scannell Timothy J -$46,444.712 Transaction at $15.77, now +11.7%
2026-06-03 Ocean Allyson J -$46,444.712 Transaction at $15.77, now +11.7%
2026-06-03 Hung David -$46,444.712 Transaction at $15.77, now +11.7%

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 →