Novo Nordisk A/S (NVO)
NYSE: NVO · Real-Time Price · USD
45.58
+0.07 (0.15%)
At close: May 29, 2026, 4:00 PM EDT
45.53
-0.05 (-0.11%)
After-hours: May 29, 2026, 7:59 PM EDT
Novo Nordisk Stock Forecast
Stock Price Forecast
According to 14 analysts polled by S&P Global, Novo Nordisk stock has a consensus rating of "Buy" and an average price target of $46.68. The average 1-year stock price forecast is 2.41% higher than the current stock price, while the lowest is $39.49 (-13.36%) and the highest is $64.07 (+40.57%).
Price Target: $46.68 (+2.41%)
Analyst Consensus: Buy
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 4 | 4 | 4 |
| Buy | 1 | 0 | 1 | 1 | 1 | 1 |
| Hold | 4 | 5 | 5 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 2 | 2 | 1 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $45 | Hold | Maintains | $45 | -1.27% | May 11, 2026 |
| Argus Research | Argus Research | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Mar 20, 2026 |
| Berenberg Bank | Berenberg Bank | Buy Maintains $57 → $47 | Buy | Maintains | $57 → $47 | +3.12% | Mar 12, 2026 |
| TD Cowen | TD Cowen | Hold Downgrades $45 → $42 | Hold | Downgrades | $45 → $42 | -7.85% | Mar 10, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Upgrades $42 → $40 | Hold | Upgrades | $42 → $40 | -12.24% | Mar 3, 2026 |
Financial Forecast
Revenue This Year
291.77B
from 309.06B
Decreased by -5.60%
Revenue Next Year
301.34B
from 291.77B
Increased by 3.28%
EPS This Year
21.68
from 23.03
Decreased by -5.86%
EPS Next Year
21.00
from 21.68
Decreased by -3.13%
Financial currency is DKK. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 330.5B | 400.3B | ||||||
| Avg | 291.8B | 301.3B | ||||||
| Low | 265.1B | 257.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 6.9% | 37.2% | ||||||
| Avg | -5.6% | 3.3% | ||||||
| Low | -14.2% | -11.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 26.49 | 26.46 | ||||||
| Avg | 21.68 | 21.00 | ||||||
| Low | 17.16 | 16.57 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 15.0% | 22.0% | ||||||
| Avg | -5.9% | -3.1% | ||||||
| Low | -25.5% | -23.6% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.