Novan stock forecast, NOVN price prediction

Novan (NOVN) Stock Price Forecast

12-month forecast. Price targets made by 3 analysts.

Minimum Forecast

$3

Average Forecast

$19

Novan Inc stock returns on equity (ROE) forecast

Will Novan Inc be a profitable investment for shareholders?
NOVN

-85.55%

Industry

20.61%

Market

27.65%

Novan Inc stock return on assets (ROA) forecast

how much profit will Novan Inc be able to generate from its assets?
NOVN

-34.69%

Industry

6.56%

Market

13.52%

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Analyst recomendation

Buy

Investment opportunity: good
Strong Buy: 2

66.67%

Buy: 1

33.33%

Hold: 0

0%

Strong Sell: 0

0%

Sell: 0

0

NOVN stock earnings per share (EPS)

How much of new income will be owned by each shareholder within the next years?
Avg 1 year forecast: -$1.79 (-5.29%)
Avg 2 year forecast: -$1.31 (-30.69%)
Avg 3 year forecast: $0.27 (-114.29%)

NOVN stock revenue forecast

How much money is Novan Inc likely to bring in the coming years?
Avg 1 year forecast: $2.9M (-27.3%)
Avg 2 year forecast: $3.1M (-21.23%)
Avg 3 year forecast: $63.0M (+1,495.22%)

Novan Inc stock earnings-growth forecast

How much do analyst expect NOVN to grow during the next years?
NOVN

137.73%

Industry

48.50%

Market

12.16%

Novan Inc stock revenue-growth forecast

How much do analyst expect Novan Inc's revenue to grow during the next years?
NOVN

Industry

Market

What is the stock price forecast of Novan for the next 12 months?
The average Novan stock forecast price is $19, with $3 representing the minimum price forecast and $30 the highest. According to the forecast made by 3 analysts, Novan Inc stock is a good investment opportunity with a potential upside of 152% in the next 12 months.
According to analysts’ forecasts, is NOVN stock expected to go up?
Analysts believe that in the short term, Novan stock is to Buy. Out of 3 analysts, 2 (66.67%) think that NOVN is a strong buy, 1 (33.33%) think that NOVN is a buy, 0 (0%) think that NOVN is a hold, 0 (0) think that NOVN is a sell, 0 (0%) think that NOVN is a strong sell. As per the middle term, analysts expect Novan stock to upside, reaching a maximum forecasted price of $30.
How much can I expect to make investing in NOVN in 12 months?
Analysts predict the price of NOVN to reach $19 next year. If correct, $2800 invested on Oct 7th, 2021 would result in a profit of $4082. To give a perspective, shares of 2800 bought on Dec 21st, 2020 would have returned on Oct 7th, 2021 $367, hence a 13.1% return on investment.
What is Novan's ROE, ROA, and EPS forecast?
Analysts forecast Novan's ROE to increase by -85.55% in the next three years. They expect the industry to grow by 20.61% and the US market to grow by 27.65% during the same period. Novan's ROA instead is likely to increase by -34.69% versus a 6.56% forecast industry growth. Similarly, Novan''s EPS is expected to reach -$1.79 (-5.29%) in one year, -$1.31 (-30.69%) in two years, and $0.27 (-114.29%) in three years.