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NVO

Novo Nordisk A/S

NVO

NYSE·Healthcare·Drug Manufacturers - General·Mkt cap $206.9B

$46.60

-1.92%

P/E

11.45

Mkt Cap

$206.9B

52-Wk Range

$35.12–$64.16

52-Week Range

$35.12 - $64.16

P/E

11.45

Fwd P/E

13.48

Beta

0.35

Div Yield

3.91%

Avg Vol

13.0M

Shares Out

4.4B

Mkt Cap

$206.9B

Price action

Price chart

Down 14.2% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Market leadership in insulin and diabetes care with 100+ years of expertise
  • Proprietary GLP-1 portfolio addressing obesity and cardiometabolic diseases
  • Integrated delivery systems and digital health solutions enhancing patient outcomes
  • Strong R&D pipeline and strategic partnerships accelerating innovation
  • Global manufacturing and distribution network across 170+ countries

Bear Case

1 risk

  • Low volatility (beta 0.3).

Growth

Mild headwinds expected

Rising global obesity and type 2 diabetes prevalence driving demand

Value

Valued in line with Large Cap Pharma peers (1.1x).

Momentum

Strong

+8.5% over 3m

Quality

Excellent

High-growth business (84% revenue growth, 81% gross margin). Profitable with strong growth momentum.

Dividend

Solid

3.91% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 4, 2026

Q3 26 RECAP

AUG 5, 2026

Reported EPS of $0.96 vs $0.77 consensus (+24.7% surprise). Revenue of $12.1B vs $10.9B expected (+11.3%). Beat on both top and bottom lines.

EPS beat +24.7%
Rev beat +11.3%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+24.7%

Revenue trend · last 8Q

+30%

+19%

+13%

+5%

+494%

+24%

+2%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$1.7B

$2.1B

$12.1B

$11.9B

$11.6B

$12.3B

$15.0B

$12.3B

Margins · last 8Q

Gross

Operating

Profit

26.7%

Wall Street consensus

4 analysts · 25% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

25%

Hold

2

50%

Sell

1

25%

Median Price Target

Latest: Deutsche Bank · Aug 27, 2026

vs Industry

How NVO stacks vs Drug Manufacturers - General

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.