NOVO-NORDISK A/S-SPONS ADR (NVO) Forecast, Price Target & Analyst Ratings

NYSE:NVO • US6701002056

38.525 USD
+1.87 (+5.09%)
Last: Mar 4, 2026, 03:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NOVO-NORDISK A/S-SPONS ADR (NVO).

Forecast Snapshot

Consensus Price Target

Price Target
$57.95
+ 50.43% Upside

Next Earnings Forecast

Earnings Estimate
Release DateMay 6, 2026
PeriodQ1 / 2026
EPS EstimateDKK5.90
Revenue Estimate75.532B

ChartMill Buy Consensus

Rating
71.76%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$57.95
Upside
+ 50.43%
From current price of $38.53 to mean target of $57.95, Based on 34 analyst forecasts
Low
$42.19
Median
$56.28
High
$89.38

Price Target Revisions

1 Month
-7.44%
3 Months
-13.27%

Price Target Summary

34 analysts have analysed NVO and the average price target is 57.95 USD. This implies a price increase of 50.43% is expected in the next year compared to the current price of 38.525.
The average price target has been revised downward by 13.27% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NVO Current Analyst RatingNVO Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

NVO Historical Analyst RatingsNVO Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
71.76%
NVO was analyzed by 34 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about NVO.
In the previous month the buy percentage consensus was at a similar level.
NVO was analyzed by 34 analysts, which is quite many. So the average rating should be quite meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-02Goldman SachsDowngrade Buy -> Neutral
2026-02-24JP MorganDowngrade Overweight -> Neutral
2026-01-09CICCInitiate Outperform
2025-12-08Argus ResearchDowngrade Buy -> Hold
2025-11-28Goldman SachsMaintains Buy -> Buy
2025-11-25BMO CapitalMaintains Market Perform -> Market Perform
2025-11-24HSBCDowngrade Buy -> Hold
2025-10-14BMO CapitalMaintains Market Perform -> Market Perform
2025-10-02HSBCUpgrade Hold -> Buy
2025-09-29Morgan StanleyDowngrade Equal-Weight -> Underweight
2025-09-17BerenbergUpgrade Hold -> Buy
2025-08-19TD CowenMaintains Buy -> Buy
2025-08-05UBSDowngrade Buy -> Neutral
2025-07-31HSBCDowngrade Buy -> Hold
2025-07-30BarclaysDowngrade Overweight -> Equal-Weight
2025-04-17BMO CapitalDowngrade Outperform -> Market Perform
2025-01-08UBSUpgrade Sell -> Buy
2024-12-23BMO CapitalMaintains Outperform -> Outperform
2024-11-06Cantor FitzgeraldReiterate Overweight -> Overweight
2024-10-17BMO CapitalMaintains Outperform -> Outperform
2024-10-10Cantor FitzgeraldReiterate Overweight -> Overweight
2024-09-20Cantor FitzgeraldReiterate Overweight -> Overweight
2024-09-16Cantor FitzgeraldReiterate Overweight -> Overweight
2024-09-09Cantor FitzgeraldReiterate Overweight -> Overweight
2024-08-19Cantor FitzgeraldReiterate Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release DateMay 6, 2026
PeriodQ1 / 2026
EPS EstimateDKK5.90
Revenue Estimate75.532B
Revenue Q2Q-3.27%
EPS Q2Q-9.83%
Number of Analysts6

Next Earnings Revisions

Revenue (1 Month)
-37.45%
Revenue (3 Months)
-51.78%
EPS (1 Month)
-1.83%
EPS (3 Months)
-13.81%

Next Earnings Summary

NVO is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is 5.9 USD and the consensus revenue estimate is 75.53B USD.
The next earnings revenue estimate has been revised downward by 51.78% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
NVO revenue by date.NVO revenue by date.
232.261B
31.26%
290.403B
25.03%
309.064B
6.43%
299.23B
-3.18%
312.367B
4.39%
333.87B
6.88%
352.071B
5.45%
371.248B
5.45%
386.046B
3.99%
374.024B
-3.11%
357.765B
-4.35%
EBITDA
YoY % growth
NVO ebitda by date.NVO ebitda by date.
114.111B
37.43%
158.008B
38.47%
149.64B
-5.30%
143.429B
-4.15%
147.276B
2.68%
160.015B
8.65%
167.906B
4.93%
183.057B
9.02%
190.49B
4.06%
180.756B
-5.11%
180.637B
-0.07%
EBIT
YoY % growth
NVO ebit by date.NVO ebit by date.
104.698B
38.36%
138.901B
32.67%
127.658B
-8.09%
124.292B
-2.64%
125.935B
1.32%
137.809B
9.43%
144.046B
4.53%
156.188B
8.43%
164.763B
5.49%
153.286B
-6.97%
135.537B
-11.58%
Operating Margin
NVO operating margin by date.NVO operating margin by date.
45.08%47.83%41.30%41.54%40.32%41.28%40.91%42.07%42.68%40.98%37.88%
EPS
YoY % growth
NVO eps by date.NVO eps by date.
18.64
52.33%
22.66
21.57%
23.06
1.77%
22.81
-1.09%
24.23
6.22%
28.40
17.24%
25.60
-9.85%
27.32
6.71%
28.03
2.59%
25.21
-10.07%
22.62
-10.26%

All data in DKK

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth
5.90
-9.83%
5.69
-4.71%
5.42
20.19%
6.29
4.09%
Revenue
Q2Q % growth
75.532B
-3.27%
73.68B
-4.13%
84.698B
12.97%
88.696B
12.07%
EBITDA
Q2Q % growth
38.349B
-10.02%
38.147B
-9.42%
39.517B
-1.46%
29.864B
-44.41%
EBIT
Q2Q % growth
34.205B
-11.82%
28.837B
-13.79%
26.485B
11.84%
36.754B
15.81%

All data in DKK

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

NVO Yearly Revenue VS EstimatesNVO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 100B 200B 300B
NVO Yearly EPS VS EstimatesNVO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5 10 15 20 25

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
7.19%
EPS Next 5 Year
3.45%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.35%
Revenue Next 5 Year
3.58%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
6.74%
EBIT Next 5 Year
6.83%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NOVO-NORDISK A/S-SPONS ADR / NVO Forecast FAQ

What do analysts expect the price target to be for NOVO-NORDISK A/S-SPONS ADR (NVO)?

34 analysts have analysed NVO and the average price target is 57.95 USD. This implies a price increase of 50.43% is expected in the next year compared to the current price of 38.525.


When does NOVO-NORDISK A/S-SPONS ADR (NVO) report earnings?

NOVO-NORDISK A/S-SPONS ADR (NVO) will report earnings on 2026-05-06.


Can you provide the consensus estimates for NOVO-NORDISK A/S-SPONS ADR next earnings?

The consensus EPS estimate for the next earnings of NOVO-NORDISK A/S-SPONS ADR (NVO) is 5.9 USD and the consensus revenue estimate is 75.53B USD.


Can you provide the analyst count for NOVO-NORDISK A/S-SPONS ADR stock?

The number of analysts covering NOVO-NORDISK A/S-SPONS ADR (NVO) is 34.