Novo Nordisk A/S (NVO)

Novo Nordisk Stock Forecast

Stock Price Forecast

The 5 analysts that cover Novo Nordisk stock have a consensus rating of "Buy" and an average price target of $80.4, which forecasts a 76.86% increase in the stock price over the next year. The lowest target is $47 and the highest is $160.

Price Target: $80.4 (+76.86%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$47	$80.4	$70	$160
Change	+3.39%	+76.86%	+53.98%	+251.96%

Analyst Ratings

The average analyst rating for Novo Nordisk stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	3	2	2	2	3	4
Buy	1	1	1	1	1	1
Hold	1	1	3	4	4	3
Sell	0	0	0	0	1	2
Strong Sell	0	0	0	0	0	0
Total	5	4	6	7	9	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Leuchten Jefferies	Jefferies	Sell Initiates n/a	Sell	Initiates	n/a	n/a	Oct 27, 2025
Evan David Seigerman BMO Capital	BMO Capital	Hold Maintains $50 → $55	Hold	Maintains	$50 → $55	+20.99%	Oct 14, 2025
Rajesh Kumar HSBC	HSBC	Hold → Strong Buy Upgrades $70	Hold → Strong Buy	Upgrades	$70	+53.98%	Oct 2, 2025
Thibault Boutherin Morgan Stanley	Morgan Stanley	Hold → Sell Downgrades $59 → $47	Hold → Sell	Downgrades	$59 → $47	+3.39%	Sep 29, 2025
Kerry Holford Berenberg	Berenberg	Hold → Strong Buy Upgrades n/a	Hold → Strong Buy	Upgrades	n/a	n/a	Sep 17, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

317.16B

Increased by 9.21%

from 290.40B

Revenue Next Year

335.06B

Increased by 5.64%

from 317.16B

EPS This Year

23.93

Increased by 5.73%

from 22.63

EPS Next Year

25.64

Increased by 7.16%

from 23.93

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	126.95B	140.80B	176.95B	232.26B	290.40B	317.16B	335.06B
Revenue Growth	4.04%	10.91%	25.68%	31.26%	25.03%	9.21%	5.64%
EPS	9.01	10.37	12.22	18.62	22.63	23.93	25.64
EPS Growth	9.95%	15.16%	17.84%	52.37%	21.54%	5.73%	7.16%
Forward PE	-	-	-	-	-	12.25	11.43
No. Analysts	-	-	-	-	-	26	26

Financial currency is DKK. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	337.7B	376.8B
Avg	317.2B	335.1B
Low	301.8B	301.4B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	16.3%	18.8%
Avg	9.2%	5.6%
Low	3.9%	-5.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	26.47	30.11
Avg	23.93	25.64
Low	21.83	22.68

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	17.0%	25.9%
Avg	5.7%	7.2%
Low	-3.5%	-5.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.