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Novo Nordisk (NVO): analyst forecast and price target

$38.83 −0.99% close 16.10.26 · market cap $170B · Healthcare · Drug Manufacturers - General
Price targets and ratings of

Analyst consensus

Hold

0 Buy3 Hold1 Sell

Ratings of 4 analysts in the last 3 months · top analysts only

12-month forecast

$42.33+9.0% upside

Based on 4 price targets given in the last 3 months, the average target is $42.33, the highest $47.00, the lowest $40.00. The average is +9.0% from the last price of $38.83.

$40.00$50.00$60.00Jan 26AprJulOctJan 27AprJulOctHigh$47.00Average$42.33Low$40.00
Highest target $47.00 Average target $42.33 Lowest target $40.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Kerry Holford★★★★★★★★★★#2798 · hits 58% · avg +8.7% Berenberg Bank $47.00 Hold +21.0% Reiterated 13.10.26on TipRanks Oct 14 09:50 −1.3%next day +1.2%
Evan Seigerman★★★★★★★★★★#856 · hits 59% · avg +9.3% BMO Capital $47.00 → $40.00−14.9% Hold +3.0% Reiterated 12.10.26on TipRanks 08:55 −0.1%next day −1.3%
Evan Seigerman★★★★★★★★★★#856 · hits 59% · avg +9.3% BMO Capital $47.00 Hold +21.0% Reiterated 07.10.26on TipRanks 08:35 +2.2%next day +0.2% · 5 days +0.6%
Michael Nedelcovych★★★★★★★★★★#9548 · hits 48% · avg −1.2% TD Cowen $42.00 Hold +8.2% Reiterated 22.09.26on TipRanks Sep 23 02:30 −1.0%next day −2.4% · 5 days −1.6%
Unknown Analyst Jefferies $42.20 Hold +8.7% Reiterated 22.09.26on TipRanks 16:05 −2.4%next day +1.3% · 5 days 0.0%
Thibault Boutherin★★★★★★★★★★#3632 · hits 62% · avg +7.0% Morgan Stanley $40.00 Sell +3.0% Downgrade 11.09.26on TipRanks 04:50 −3.0%next day +1.3% · 5 days +0.5%
Kerry Holford★★★★★★★★★★#2798 · hits 58% · avg +8.7% Berenberg Bank $50.00 → $47.00−6.0% Hold +21.0% Downgrade 11.08.26on TipRanks Aug 12 02:10 −0.9%next day −1.9% · 5 days −1.8%
Jasper Hellweg★★★★★★★★★★#2291 · hits 57% · avg +7.4% Argus Research — Hold — Reiterated 07.08.26on TipRanks Aug 10 08:30 +2.2%next day +1.0% · 5 days −3.3%
James Quigley★★★★★★★★★★#11930 · hits 41% · avg −6.8% Goldman Sachs $48.00 → $44.00−8.3% Hold +13.3% Reiterated 06.08.26on TipRanks Aug 7 12:30 +3.4%next day +2.2% · 5 days +0.4%
Martin Brenoe★★★★★★★★★★#11004 · hits 33% · avg −16.4% Nordea Markets — Hold — Downgrade 24.02.26on TipRanks 05:10 −3.4%next day −2.0% · 5 days −4.0%
Emmanuel Papadakis★★★★★★★★★★#2736 · hits 53% · avg +3.9% Deutsche Bank — Hold — Downgrade 23.02.26on TipRanks 08:30 −15.4%next day −3.4% · 5 days −5.3%
Rajesh Kumar★★★★★★★★★★#1587 · hits 62% · avg +14.5% HSBC $47.00 → $54.00+14.9% Hold +39.1% Reiterated 10.12.25on TipRanks 07:00 +5.1%next day +2.3% · 5 days −0.3%
Richard Vosser★★★★★★★★★★#4454 · hits 49% · avg +2.0% J.P. Morgan — Buy — Reiterated 24.11.25on TipRanks 07:45 −7.1%next day +3.7% · 5 days +3.6%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Novo Nordisk

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Richard Vosser★★★★★★★★★★J.P. Morgan · #4454
Hits 49%235 of 476 Average return +2.0%
1 year Richard Vosser★★★★★★★★★★J.P. Morgan · #4454
Hits 49%235 of 476 Average return +2.0%
2 years Richard Vosser★★★★★★★★★★J.P. Morgan · #4454
Hits 49%235 of 476 Average return +2.0%

Most profitable

3 months Richard Vosser★★★★★★★★★★J.P. Morgan · #4454
Hits 49%235 of 476 Average return +2.0%
1 year Richard Vosser★★★★★★★★★★J.P. Morgan · #4454
Hits 49%235 of 476 Average return +2.0%
2 years Richard Vosser★★★★★★★★★★J.P. Morgan · #4454
Hits 49%235 of 476 Average return +2.0%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 07.10.26: target $43.70 at a price of $37.53 (+16.4%); now: $42.53 at $38.83 (+9.5%).

$40.00$45.00Sep 15Oct 1Oct 15Top analysts$42.33Average target$42.53Price$38.83

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

0510481Oct 25571Nov471Dec371Jan 26381Feb310Mar29Apr17May4Jun6Jul10Aug121Sep131Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy100000
Hold746101213
Sell000011

Earnings and sales forecast

Next report: 04.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.74 (from $0.68 to $0.89). Last quarter: $0.95.

Sales

Next quarter’s sales estimate — $11.2B (from $10.7B to $11.8B). Last quarter: $12.2B.

Best top-analyst consensus in the sector · Healthcare

AXGNAxoGen
MDWDMediwound
OCULOcular Therapeutix
OVIDOvid Therapeutics
ZYMEZymeworks
About Novo Nordisk
  • CEO: Maziar Mike Doustdar
  • Employees: 68,794
  • Novo Alle 1, Bagsvaerd, CR, 2880, DK
  • www.novonordisk.com

Novo Nordisk A/S is a global pharmaceutical firm dedicated to the investigation, creation, manufacturing, and distribution of medicinal products across a vast international footprint. Its market presence extends throughout Europe, the Middle East, Africa, various parts of Asia (including Mainland China, Hong Kong, and Taiwan), and North America. The company's operations are structured into two principal business units: Diabetes and Obesity Care, and Rare Disease. The Diabetes and Obesity Care division delivers therapies for diabetes, obesity, cardiovascular ailments, and other emerging therapeutic areas. Meanwhile, the Rare Disease division concentrates on providing treatments for rare blood disorders, uncommon endocrine conditions, and hormone replacement solutions. In addition to its core pharmaceutical offerings, Novo Nordisk produces specialized medical equipment such as insulin pens, growth hormone pens, and injection needles. It also pioneers smart digital solutions for diabetes management, including advanced insulin pens and the Dose Check application, designed to guide insulin dosage. The company engages in strategic alliances, notably a partnership with UNICEF to combat childhood obesity and a collaboration with Valo Health, Inc. to discover and advance novel drug pipelines in the cardiometabolic space. Founded in 1923, Novo Nordisk A/S is headquartered in Bagsvaerd, Denmark.

Data from the stock’s TipRanks forecast page, read 59 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗