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NVO

Novo Nordisk A/S

NVO

NYSE·Healthcare·Drug Manufacturers - General·Mkt cap $216.7B

$50.35

+3.24%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$35.12 - $71.80

P/E

Fwd P/E

2.29

Beta

0.35

Div Yield

3.61%

Avg Vol

15.0M

Shares Out

4.4B

Mkt Cap

$216.7B

Price action

Price chart

Down 30.1% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

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

2 risks

  • Low volatility (beta 0.3).
  • Growth premium of 0.2x vs Large Cap Pharma peers. Reasonable for this growth rate.

Growth

Strong growth ahead

Rising global obesity and type 2 diabetes prevalence driving demand

Value

Growth premium of 0.2x vs Large Cap Pharma peers. Reasonable for this growth rate.

Momentum

Hot

+31.9% over 3m

Quality

Excellent

High-growth business (190% revenue growth, 82% gross margin). Profitable with strong growth momentum.

Dividend

Solid

3.61% yield

Earnings track record

Latest print - beat on both lines

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

Next: May 5, 2026

Q2 26 RECAP

MAY 6, 2026

Reported EPS of $1.04 vs $0.87 consensus (+19.5% surprise). Revenue of $11.0B vs $10.9B expected (+1.5%). Beat on both top and bottom lines.

EPS beat +19.5%
Rev beat +1.5%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+19.5%

Next: May 5, 2026

Revenue trend · last 8Q

+30%

+19%

+13%

+5%

+494%

+24%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$1.6B

$1.7B

$2.1B

$12.1B

$11.9B

$11.6B

$12.3B

$15.0B

Margins · last 8Q

Gross

86.0%

Operating

61.6%

Profit

50.1%

Wall Street consensus

3 analysts · 33% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

33%

Hold

2

67%

Sell

0%

Median Price Target

Latest: Nordea · Jun 19, 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.