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NV

NYSE · NVO

Novo Nordisk A/S

Healthcare · Drug Manufacturers - General

$42.53

Down-$0.92 (-2.12%)

Updated Sep 16, 2026, 11:00 AM

SID Score

6.3/10

Composite research score

Smart Money

57/100

Neutral

Market cap
223.45B
P/E ratio
12.76
Dividend yield
3.96%
52-week range
$35.12 – $64.16
Volume
8.86M
Avg. volume
16.69M

Price performance

NVO price history

1M range · 20 trading sessions · Daily adjusted prices

NVO closed at $42.53 after 20 trading sessions, down 6.96% for the selected period.

Last close
$42.53
Period change
-6.96%
Period low
$42.53
Period high
$48.66
Daily close
View OHLC price history
NVO OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 15, 2026$42.725$43.00$42.40$42.538.86M
Sep 14, 2026$43.66$43.71$43.0701$43.456.56M
Sep 11, 2026$43.195$43.4951$42.7216$43.0711.03M
Sep 10, 2026$44.60$44.82$44.01$44.016.58M
Sep 9, 2026$45.00$45.395$44.52$44.568.83M
Sep 8, 2026$45.58$45.91$45.145$45.1610.35M
Sep 4, 2026$46.35$46.74$46.0417$46.606.22M
Sep 3, 2026$47.99$48.00$46.565$47.518.77M
Sep 2, 2026$46.05$47.005$45.91$46.7713.6M
Sep 1, 2026$45.80$46.16$45.065$45.129.36M
Aug 31, 2026$45.28$45.61$44.95$45.337.61M
Aug 28, 2026$46.17$46.21$45.405$45.618.5M
Aug 27, 2026$45.97$46.33$45.70$46.2613.02M
Aug 26, 2026$47.80$48.04$46.87$47.198.88M
Aug 25, 2026$47.84$48.66$47.56$48.6615.53M
Aug 24, 2026$47.09$47.30$46.565$46.929.67M
Aug 21, 2026$46.35$47.165$46.34$46.7410.91M
Aug 20, 2026$46.89$46.90$46.11$46.149.67M
Aug 19, 2026$46.01$47.195$45.841$46.4819.51M
Aug 18, 2026$44.91$46.065$44.76$45.7112.09M

Latest NVO news

The latest Smart Investors Daily articles mentioning NVO.

NVO research

Overview

Company profile and research snapshot.

Company profile

With roughly one-third of the global branded diabetes treatment market, Novo Nordisk is the leading provider of diabetes care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments such as GLP-1 therapy, oral antidiabetic agents, and obesity treatments. Novo also has a biopharmaceutical segment (contributing less than 10% of revenue) that specializes in protein therapies for hemophilia and other disorders.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$47.50
Implied upside
Analysts
15
NVO recent ratings
DateFirmRatingTarget
Jul 13, 2026ROTHSCHILD & CO REDBURNBuy
Jul 13, 2026BERENBERGBuy
Jul 13, 2026JYSKE BANKHold
Jul 12, 2026GUGGENHEIM SECURITIES LLCNeutral
Jul 5, 2026EQUISIGHTSBuy
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News briefing

Generated Sep 15, 2026, 9:23 PM

Why Is NVO Down Today? Rebrand and Strategic Shift Weigh on Stock

Novo Nordisk shares fell 2.12% as the company announced a major corporate rebrand to simply 'Novo,' signaling a strategic pivot toward consumer-focused GLP-1 obesity treatments. While the rebrand reflects ambitions in the high-growth metabolic health market, market reaction suggests investor concerns about the company's pharmaceutical identity and competitive positioning.

    Bottom line: Novo Nordisk's rebrand and strategic consumer-focused pivot represent a calculated bet on the obesity market's secular growth, yet market reaction suggests investors are concerned about execution risk and competitive intensity. Investors should monitor whether the rebrand resonates with healthcare providers and consumers, track Wegovy's international penetration (especially in China), and watch for competitive pricing pressures as rivals like Ascendis scale their offerings. The company's strong fundamentals and cash generation provide downside support, but near-term volatility may persist as the market assesses the rebrand's strategic wisdom.

    AI research layers

    Interpretive context generated from the platform’s current data sources.

    Novo Nordisk A/S Stock Performance

    Novo Nordisk A/S shares have experienced notable downward pressure across multiple timeframes, trading at $42.53 per SID market data. The stock has declined 19.98% over the trailing twelve months and dropped 7.0% in the past month alone, while the three-month return shows a more modest decline of 0.98%. NVO currently trades below both key moving averages, sitting 10.31% under its 50-day moving average of $47.42 and 8.07% below its 200-day moving average of $46.26, according to Massive/Polygon technical data. The 14-day relative strength index registers at 36.1, approaching oversold territory below the conventional 30 threshold. Despite the selling pressure, NVO maintains a low beta of 0.352, indicating significantly less volatility than the broader market. Average daily trading volume stands at approximately 16.69 million shares, reflecting sustained institutional participation. The company's market capitalization currently sits at approximately $223.45 billion.

    Novo Nordisk A/S Valuation Analysis

    Novo Nordisk trades at a price-to-earnings ratio of 12.76, per SID market data, which positions the healthcare giant at a discount relative to many large-cap pharmaceutical peers. However, the PEG ratio of 2.05 suggests that the current valuation may not fully reflect a bargain when adjusted for expected earnings growth, as values above 1.0 generally indicate a premium to growth. The price-to-book ratio stands at 8.43, according to SEC filings, reflecting significant intangible asset value and brand premium characteristic of dominant pharmaceutical franchises. NVO offers a dividend yield of 3.66%, providing meaningful income for shareholders during a period of share price weakness. Within the healthcare sector, Novo Nordisk's valuation profile reflects the market's recalibration of GLP-1 class growth expectations. The combination of a sub-13 P/E and above-average dividend yield represents a notable shift from the stock's historically elevated multiples over the prior two years.

    Smart Money Activity for NVO

    Novo Nordisk's composite smart money score stands at 57 out of 100, generating a neutral signal per SID market data. Institutional activity represents the strongest component, scoring 23.0 out of 25, indicating robust positioning by major fund managers according to 13F institutional filings. This high institutional score aligns with NVO's large-cap status and inclusion in major global indices. Insider activity scores 12.5 out of 25, reflecting a moderate level of transactions by company executives and directors per SEC Form 4 filings, with no outsized buying or selling signals. Dark pool activity registers at 9.5 out of 25, suggesting relatively muted off-exchange block trading interest at current price levels. Congressional trading activity scores 12 out of 25, indicating average legislative interest in the name. The divergence between strong institutional conviction and weaker dark pool activity may reflect a holding pattern among large allocators who maintain existing positions without aggressively adding at current valuations. Overall, the data presents a mixed but institutionally supported picture.

    Novo Nordisk A/S Earnings Outlook

    Novo Nordisk's upcoming earnings cycle features four reporting dates clustered in August 2026, with consensus analyst estimates holding steady at $0.81 per share for each quarter, according to analyst estimates compiled by SID. The consistency across all four quarterly estimates suggests analysts are projecting stable sequential earnings performance throughout the fiscal year. At the current share price of $42.53, these estimates imply annualized earnings of approximately $3.24 per share, aligning with the trailing P/E ratio of 12.76 per company earnings reports. The first report is scheduled for August 28, 2026, with subsequent releases on August 25, August 21, and August 18. No actual earnings data or surprise figures are yet available for these forward periods. Investors will be monitoring revenue contributions from Wegovy and Ozempic, as well as pipeline updates, for catalysts that could drive estimate revisions above or below the current $0.81 consensus.

    Wall Street Analyst Ratings for NVO

    Recent Wall Street coverage of Novo Nordisk reflects a predominantly constructive but nuanced outlook, per SID consensus data. On July 13, 2026, both Rothschild & Co Redburn and Berenberg maintained their Buy ratings on the stock, signaling continued confidence in the company's fundamental trajectory. Equisights also reiterated a Buy rating on July 5, according to Wall Street analyst reports. However, Jyske Bank downgraded NVO from Buy to Hold on July 13, representing the sole negative revision in the recent coverage window and introducing a dissenting view amid the broader bullish consensus. Guggenheim Securities maintained its Neutral rating on July 12, reflecting a wait-and-see approach. Across the five most recent analyst actions, three firms hold Buy ratings, one rates Hold, and one rates Neutral. The downgrade from Jyske Bank is notable given NVO's 19.98% decline over the past year, suggesting some analysts view the current risk-reward profile as less compelling than during prior coverage periods.