Novo Nordisk A/S (NVO)
NYSE: NVO · Real-Time Price · USD
59.61
+0.59 (1.00%)
At close: Oct 8, 2025, 4:00 PM EDT
59.78
+0.17 (0.29%)
After-hours: Oct 8, 2025, 5:51 PM EDT

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 $82.2, which forecasts a 37.90% increase in the stock price over the next year. The lowest target is $47 and the highest is $160.

Price Target: $82.2 (+37.90%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$47$82.2$70$160
Change-21.15%+37.90%+17.43%+168.41%

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

RatingMay '25Jun '25Jul '25Aug '25Sep '25Oct '25
Strong Buy322234
Buy111111
Hold113443
Sell000011
Strong Sell000000
Total546799

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
HSBC
HSBC
Strong Buy
Upgrades
$70
Strong BuyUpgrades$70+17.43%Oct 2, 2025
Morgan Stanley
Morgan Stanley
Sell
Downgrades
$59$47
SellDowngrades$59$47-21.15%Sep 29, 2025
Berenberg
Berenberg
Strong Buy
Upgrades
n/a
Strong BuyUpgradesn/an/aSep 17, 2025
TD Cowen
TD Cowen
Strong Buy
Maintains
$105$70
Strong BuyMaintains$105$70+17.43%Aug 19, 2025
UBS
UBS
Hold
Downgrades
n/a
HoldDowngradesn/an/aAug 5, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
318.23B
from 290.40B
Increased by 9.58%
Revenue Next Year
341.74B
from 318.23B
Increased by 7.39%
EPS This Year
24.71
from 22.63
Increased by 9.19%
EPS Next Year
26.86
from 24.71
Increased by 8.69%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
126.95B140.80B176.95B232.26B290.40B318.23B341.74B
Revenue Growth
4.04%10.91%25.68%31.26%25.03%9.58%7.39%
EPS
9.0110.3712.2218.6222.6324.7126.86
EPS Growth
9.95%15.16%17.84%52.37%21.54%9.19%8.69%
Forward PE
-----15.4914.25
No. Analysts
-----2525
Financial currency is DKK. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High338.1B401.5B
Avg318.2B341.7B
Low301.0B308.4B

Revenue Growth

Revenue Growth20252026202720282029
High
16.4%
26.2%
Avg
9.6%
7.4%
Low
3.7%
-3.1%

EPS Forecast

EPS20252026202720282029
High27.6533.34
Avg24.7126.86
Low21.8323.66

EPS Growth

EPS Growth20252026202720282029
High
22.2%
34.9%
Avg
9.2%
8.7%
Low
-3.5%
-4.3%
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.