Novartis AG Registered Shares

NOVN: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Novartis Earnings: Strong Result Puts Novartis on Track To Meet Full-Year Guidance Target

Jay Lee

Jul 21, 2026

Net sales grew 1% at constant currency and core operating income was flat. Management reiterated its full-year guidance of low-single-digit growth in sales and a low-single-digit decline in core operating income. Shares rallied July 21 2%-3% from the previous day's close.

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Novartis AG Registered Shares

Novartis Earnings: Strong Result Puts Novartis on Track To Meet Full-Year Guidance Target

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