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Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Novo Nordisk A/S

NVONYSE
Wall Street Score · overall investment62/100
$37.32USD$-0.08 (-0.21%)
Company website www.novonordisk.com
HeadquartersNovo Alle 1, Bagsvaerd, CR, 2880, DK
Financial statement currencyDKK · converted to USD at 0.15186
Healthcare · Drug Manufacturers - General
Price updated todayFinancials updated Oct 1, 2026
Price Chart$-10.19 (-21.45%)
2026-09-042026-09-092026-09-112026-09-152026-09-172026-09-212026-09-232026-09-252026-09-292026-10-02$36.00$39.00$42.00$45.00$48.00

Company & revenue

About Novo Nordisk A/S

Financial breakdown: year ended 2025-12-31

Who they are

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.

Brands & revenue mix

OzempicDKK 112.48B44.8%

GLP-1 receptor agonist for type 2 diabetes.

Reported revenue share.Source

WegovyDKK 61.35B24.4%

GLP-1 receptor agonist for obesity treatment.

Reported revenue share.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Customer concentrationPREMIUM

Novo Nordisk does not disclose specific major customers by name. In its 2025 Form 20-F, the company notes that it records estimates for sales deductions including rebates and discounts to government agencies, wholesalers, health insurance companies, and managed healthcare organizations, but does not report concentration figures for these entities.

Sources

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

62

Fair

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

73

Strong

Financial Strength

62

Business Quality / Moat

72

Management

100

Growth Quality

51

Risk / Durability

94

Great Company · Attractive Price

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

70

Fully Valued

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

66/100

Building Historical Record

Model Score 66/100 — estimates relative performance potential, distinct from WallStreetScore (company quality).

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

WSS currently rates the company as mixed to moderately strong.

At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.

The model outlook is currently moderate.

What we like
  • •Valuation scores attractively
  • •Recent buyback activity is present
What to watch
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention

Company-specific research

Questions worth answering for NVO

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can NVO maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is NVO's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is NVO's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •Is NVO's valuation discount tied to a temporary concern or to a longer-term business risk?
  • •What does the current fundamental change risk warning mean for the reliability or interpretation of NVO's score?
Business analysis: 12 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

62

0–100 · Fair

Opportunity Score

70

0–100 · Fair

Market Cap

$165.72B

P/E Ratio

9.4

EPS

$3.98

52-Week High

$64.16

52-Week Low

$35.12

Beta

0.35

Intrinsic Value

$153.36

Analyst Target

$47.00

Shares Outstanding

4.45B

Total Revenue

$50.03B

Total Debt

$21.28B

Dividend Yield

4.72%

View dividend history

Liquidation Value / Share

$7.55

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
9/ 100
+2 pts / 5d

Strong downward momentum

5D -3.8% · 20D -21.4% · RSI 21 · Price vs 20D avg -9.2%
Volatility
29/ 100
-6 pts / 5d

Low movement

20D realized vol 36.3% · 60D 39.4% · Acceleration 0.92x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for NVO

Detected from reported data — verify before acting.

Dividend history reported

The provider reports a dividend yield. Confirm the latest declaration before treating it as a current payment.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on NVO.

What the Bulls Say

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Product opportunity: 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 di.
  • +Positive free cash flow may provide capacity to invest in growth.

What the Bears Say

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Drug Manufacturers - General industry.

Bull and bear cases summarize disclosed catalysts, growth opportunities and risks; they are not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Fair62/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Fair

62

Tap for breakdown →

Weak

41

Debt Cost3.2%
Debt Reduction YoY-27.4%
Debt / Equity0.67x

Tap for breakdown →

Weak

47

Revenue YoY6.6%
Revenue CAGR15.4%
Net Margin35.3%

Tap for breakdown →

Fair

62

Asset Growth YoY16.6%
Liquidation/Share$7.55
Net Assets/MCap0.41x

Tap for breakdown →

Strong

76

Earnings Yield10.6%
Buyback Yield1.7%
Debt Cost3.2%

Tap for breakdown →

Elite

100

ROIC31.6%
ROE52.6%
ROA19.6%

Tap for breakdown →

Strong

72

EPS Growth15.0%
FCF/Share Growth-16.1%
Rev/Share Growth15.7%

Tap for breakdown →

Elite

100

Intrinsic Value$153.36
Value Reference$92.01
MOS0.8%

Tap for breakdown →

Fair

65

Revenue47
Moat72
Valuation100

Tap for breakdown →

Elite

100

MOS %0.8%
Value Reference$92.01
Deep Discount Reference$61.34

Tap for breakdown →

Poor

23

Interest Coverage30.3x
ROIC31.6%
FCF Yield2.6%

Tap for breakdown →

Fair

54

Financial23
Valuation100
Debt41

Tap for breakdown →

Fair

54

Survival Years0.3 yrs
Current Ratio0.80x
FCF Margin0.1%

Tap for breakdown →

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Score Changes

2 historical score records available

Previous Score

59

Jul 24, 2026

Change

+2.6

points

Current Score

62

Oct 1, 2026

Category Changes

Revenue+2.3
Debt0
Assets+3.8
Capital+11.0
Management+5.0
Moat0
Valuation+17.5
Buffett+3.5

NVO increased 2.6 points because Revenue improved by 2.3 points, Asset improved by 3.8 points, Capital improved by 11 points.

Positive Contributors

  • + Revenue improved by 2.3 points
  • + Asset improved by 3.8 points
  • + Capital improved by 11 points
  • + Management improved by 5 points
  • + Valuation improved by 17.5 points
  • + Buffett improved by 3.5 points

Projected Score

Projected Score

60

Projected Change

-2.0%

Preliminary comparable-period financial changes suggest decline of approximately 2.0 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Undervalued

Current Price

$37.32

Intrinsic Value

$153.36

Difference

−$116.04

-75.7% vs IV

Margin of Safety

75.7%

UndervaluedFair ValueOvervalued
Value Reference: $92.01
Deep Discount Reference: $61.34

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News

GuruFocus2d ago

NVO DCF Analysis: Intrinsic Value $95 vs Price $38

Fool - Investing News2d ago

Novo Is Open to Acquisitions. Here Are 2 Companies That Would Be Great Candidates to Buy

Zacks Investment Research2d ago

NVO's Ozempic Outshines LLY's Mounjaro in Lowering Cardiovascular Risk

Benzinga2d ago

Novo Nordisk Says Next-Gen Obesity Drug Reduces Food Noise, Drives Weight Loss

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