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Healthcare - Biotechnology - NYSE - DK
$ 101.74
-3.4 %
$ 459 B
Market Cap
33.91
P/E
1. INTRINSIC VALUE

Novo Nordisk A/S, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide. It operates in two segments, Diabetes and Obesity care, and Biopharm. The Diabetes and Obesity care segment provides products in the areas of insulins, GLP-1 and related delivery systems, oral antidiabetic products, obesity, and other chronic diseases. The Biopharmaceuticals segment offers products in the areas of haemophilia, growth disorders, and hormone replacement therapy. The company collaboration agreements with Gilead Sciences, Inc. Novo Nordisk A/S also has a research collaboration with Lumen Bioscience, Inc. to explore strategies for delivering oral biologics for cardiometabolic disease.[ Read More ]

The intrinsic value of one NVO stock under the base case scenario is HIDDEN Compared to the current market price of 102 USD, Novo Nordisk A/S is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart NVO

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FINANCIALS
232 B REVENUE
31.26%
103 B OPERATING INCOME
37.11%
83.7 B NET INCOME
50.71%
109 B OPERATING CASH FLOW
38.06%
-43.9 B INVESTING CASH FLOW
-76.15%
-63.2 B FINANCING CASH FLOW
-21.93%
68.1 B REVENUE
4.15%
25.9 B OPERATING INCOME
-19.99%
27.3 B NET INCOME
36.16%
43.8 B OPERATING CASH FLOW
-13.17%
-20.9 B INVESTING CASH FLOW
-0.83%
-18.4 B FINANCING CASH FLOW
-110.30%
Balance Sheet Decomposition Novo Nordisk A/S
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Current Assets 140 B
Cash & Short-Term Investments 30.2 B
Receivables 75.3 B
Other Current Assets 34.2 B
Non-Current Assets 175 B
Long-Term Investments 1.66 B
PP&E 91 B
Other Non-Current Assets 82.2 B
Current Liabilities 170 B
Accounts Payable 25.6 B
Short-Term Debt 6.48 B
Other Current Liabilities 138 B
Non-Current Liabilities 38.3 B
Long-Term Debt 20.5 B
Other Non-Current Liabilities 17.7 B
EFFICIENCY
Earnings Waterfall Novo Nordisk A/S
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Revenue 232 B
Cost Of Revenue 35.8 B
Gross Profit 196 B
Operating Expenses 93.9 B
Operating Income 103 B
Other Expenses 18.9 B
Net Income 83.7 B
RATIOS
84.60% GROSS MARGIN
84.60%
44.16% OPERATING MARGIN
44.16%
36.03% NET MARGIN
36.03%
78.53% ROE
78.53%
26.61% ROA
26.61%
64.15% ROIC
64.15%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Novo Nordisk A/S
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Net Income 83.7 B
Depreciation & Amortization 9.41 B
Capital Expenditures -38.9 B
Stock-Based Compensation 2.15 B
Change in Working Capital -12.2 B
Others 4.29 B
Free Cash Flow 70 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Novo Nordisk A/S
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Wall Street analysts predict an average 1-year price target for NVO of $159 , with forecasts ranging from a low of $156 to a high of $163 .
NVO Lowest Price Target Wall Street Target
156 USD 53.33%
NVO Average Price Target Wall Street Target
159 USD 56.44%
NVO Highest Price Target Wall Street Target
163 USD 60.21%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.0758 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Novo Nordisk A/S
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Vaccine Maker Stocks Slump After RFK Jr. Nominated as HHS Head In the 2024 presidential election's latest impact on the stock markets, shares of several vaccine makers were down Friday morning following the nomination of Robert F. Kennedy Jr. to head the Department of Health and Human Services. investopedia.com - 1 day ago
Novo Nordisk A/S (NVO) Price Prediction and Forecast 2025-2030 When it comes to weight loss drugs, Ozempic has become a phenomenon. With nearly $14 billion sales in 2023, it shows no signs of slowing down, much to the delight of its Danish manufacturer, Novo Nordisk A/S (NYSE: NVO). A Scandinavian economic behemoth, Novo Nordisk is the highest valued company in Europe at over $500 billion, which exceeds Denmark’s entire GDP. Ironically, Ozempic and Wegovy, as with many of Novo Nordisk’s other products, were created primarily for treating diabetes. The weight-loss factor has become a very profitable and unintended side-effect. Founded a century ago, Copenhagen-based Nordisk originally made insulin. After coming to the US in 1982, it underwent several corporate changes until becoming Novo Nordisk in 1989. In addition to diabetes drugs, the company also makes drug treatments for wound healing, menopausal hormone replacement, and human growth hormone. Headwinds While Novo Nordisk has built itself into a pharmaceutical giant, it has seriously run afoul of regulatory laws on several occasions. Novo Nordisk’s practices have raised red flags in Denmark as well as in the US and UK for years, with the more recent ones being: A 2017 $59 million fine from the DOJ due to lack of FDA disclosures concerning cancer risks from diabetes drug Victoza; Membership suspension from the UK’s Association of British Pharmacy Industry over ethics violations tantamount to bribing of health professionals; 235 active Ozempic related product liability lawsuits as of August, 2024; A 2024 investigation led by the US Senate confirmed predatory pricing of Ozempic by almost 1500% vs. its price in Europe, and 1000% for Wegovy. Regardless, investors are much more concerned with future stock performance over the next 1, 5, to 10 years. While most Wall Street analysts will calculate 12-month forward projections, it’s clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near term projections irrelevant. 24/7 Wall Street aims to present some farther looking insights based on Novo Nordisk’s own numbers, along with business and market development information that may be of help to our readers’ own research. Key Points In This Article Novo Nordisk’s R&D is heavily invested in improved obesity treatments Novo Nordisk sees the obesity drug market expanding to $100 billion by 2030. To that end, it has Amycretin in FDA phase-1 and CagriSegma in phase-2 trials, which both show greater efficacy potential than Wegovy and Ozempic. Although the number of Ozempic-related lawsuits are piling up, Novo Nordisk’s stance is that the complaints are unwarranted, and will either be dismissed or settled. Novo Nordisk’s past acquisitions for both greater production capacity and logistical flexibility will reap benefits through geopolitical risk mitigation and broader product menu options. Entering untapped markets, such as China, will be key to Novo Nordisk’s future growth. If you’re looking for some stocks with huge potential, make sure to grab a free copy of our brand-new “The Next NVIDIA” report. It features a software stock we’re confident has 10X potential. 5-10 Year Review Novo Nordisk bread and butter diabetes and obesity drugs obscure its other remedies for estrogen replacement, wound treatment, and HGH, among others. Novo Nordisk has spared no expense in expanding its pharmaceutical reach and scope. In addition to adding new factories to ramp up production to meet demand for Ozempic and Wegovy, the company’s expansion towards treating other afflictions saw billions spent in acquisitions. The past decade has seen the following events: In 2015, Novo Nordisk announced a $400 million collaboration with Sanofi subsidiary Ablynx, to use its nanobody technology to develop a new drug. After an unsuccessful bid to acquire Ablynx in 2018, Novo Nordisk bought diabetes drug company Ziylo. 2020 saw Novo Nordisk buying Corvidia Therapeutics from AstraZeneca for its heart disease treatments. Novo Nordisk announced it would acquire Emisphere Technologies for $1.35 billion in December 2020, adding another diabetes pill to its catalog. In November 2021, Novo Nordisk acquired Dicerna Pharmaceuticals and its RNAi therapeutics, for $3.3 billion. Intending to expand its sickle cell disease and rare blood disorders portfolio, 2022 saw Novo Nordisk buying Forma Therapeutics for $1.1 billion. Flush with Ozempic and Wegovy cash, Novo Nordisk bought Inversago Pharma for $1 billion, Embark Biotech for up to $500 million, ocedurenone—an experimental drug for uncontrolled hypertension and potentially beneficial in treating cardiovascular and kidney diseases—from KBP Biosciences for $1.3 billion during 2023. To address expanding Ozempic and Wegovy demand, Novo Nordisk’s parent, Novo Holdings, bought NJ-based Catalent, a global provider of drug delivery systems, gene therapies, manufacturing, biologics, and other operations, in 2024. 2024 also saw the acquisitions of Cardior Pharmaceuticals for its cardiovascular treatment portfolio, and Austria’s Single use Support, a fluid management company. Fiscal Year (DEC) Price Revenues Net Income DKK (=US$0.15) DKK (=US$0.15) 2015 $29.04 107.927B/$16.19B 34.860B/$5.23B 2016 $17.93 111.780B/$16.76B 37.925B/$5.69B 2017 $26.83 111.696B/$16.75B 38.130B/$5.72B 2018 $23.03 111.831B/$16.77B 38.628B/$5.79B 2019 $28.94 122.021B/$18.30B 38.951B/$5.84B 2020 $34.92 126.946B/$19.04B 42.138B/$6.32B 2021 $56.00 140.800B/$21.12B 47.757B/$7.16B 2022 $67.67 176.954B/$26.54B 55.525B/$8.33B 2023 $103.45 232.261B/$34.84B 83.683B/$12.55B 2024 LTM (as of June) $142.74 258.003B/$38.70B 89.898B/$13.48B Key Drivers for Novo Nordisk’s Stock in the Future The obesity and weight-loss drug market is expected to his $100 billion by 2030. A more potent obesity treatment called CagriSema combines semaglutide, the active ingredient in Ozempic, with amylin and calcitonin receptor agonists. Amylin helps regulate blood sugar levels, similar to GLP-1, while calcitonin controls calcium levels in the blood. Results for two late-stage FDA trials of the drug are expected by the end of 2024. Wegovy’s June 2024 approval for sales in China opens the door to a new market, which has hundreds of million prospective new customers from China’s burgeoning middle and upper class. New experimental obesity drug Amycretin, a single molecule that operates as a GLP-1 receptor agonist that reduces one’s appetite, is in phase-1 FDA trials. The new pill achieved a 13.1% average weight loss after 12 weeks, more than doubling the efficacy of Wegovy for the same time span. With the obesity drug market expected to reach $100 billion by 2030, genetic-based treatments currently in the R&D stage could become the next pharma golden ring. While some legal experts believe that the number of Ozempic lawsuits over gastroparesis and other afflictions, such as pancreatitis, kidney, and gallbladder issues, can reach as high as 20,000, Novo Nordisk is apparently confident it can reach a settlement that will allow it to continue its growth trajectory without impediment. Stock Price Prediction for 2025 Out of 11 Wall Street analysts, their consensus recommendation is “outperform/hold”, based on 5 buy, 2 outperform, 2 hold, and 2 sell. Their consensus 12-month target price for Novo Nordisk is $140.07, which is a 31.02% gain over today’s stock price. The 24/7 Wall Street 12-month projected target is a more conservative $124.20. This would be a 16.17% gain from today’s price. Novo Nordisk’s Next 5 Years’ Outlook Novo Nordisk’s median P/E ratio has been 26.40 from 2010 to the present. The following price predictions are based on a 25 P/E. In the subsequent 5 years to follow, Novo Nordisk’s newest products, presently in FDA trials, are targeting the obesity market. It is anticipated to reach $100 billion by 2030. Obesity drugs competing against offerings from Eli Lilly and other rivals requires drugs that meet the following criteria: Sufficient efficacy to fulfill the medical needs of a large population of patients; Tolerable enough for prolonged patient treatment to obtain a significant and consistent therapeutic effect; Flexible enough to be prescribed to patients without an abundance of diagnostic testing or monitoring; Formulaically efficient enough to manufacture and distribute at scale. With Wegovy gaining acceptance for China in Q2 2024, this opens the door for Novo Nordisk to gain a foothold in a potentially larger market than the entirety of its European share. China’s middle and wealthy classes have multiplied exponentially as China’s GDP has grown. Obesity, heart diseases, and other ailments common in the West have escalated in China as diets and lifestyles adapted to mimic Western tastes and trends. Our price target for 2026 is $136.62. The new obesity drug CagriSema is presently near completion of FDA phase-2 trials. Assuming there are no negative results to bar initiating clinical phase-3 trials, these would presumably occur throughout 2025 and 2026. Therefore, CagriSema is likely to be cleared for public dissemination and ready for market by 2027. Although it is administered via injection, rather than in pill form, early results show a 200% higher weight loss reduction in 32 weeks, over Wegovy. Our price target for 2027 is $153.01. Although Novo Nordisk’s pipeline of new drugs under FDA review targets obesity, its revamped product menu has expanded via acquisitions. Revenues from its HGH, estrogen replacement, and wound treatment products, as well as other diabetes variants, should all contribute to the bottom line with full production, marketing, and sales integration by 2028. We predict a price of $165.26. Obesity pill Amecrytin, which acts as an appetite suppressant without the effects of amphetamines, is presently in FDA phase-1 trials, but should be cleared for market and ready for distribution in 2029. Its weight-loss efficacy doubles that of Wegovy in shorter 3-month periods, and its pill configuration convenience should make it a hit prescription for doctors. Our price target is $186.74. Novo Nordisk Stock in 2030 Ozempic is an injection administered drug. R&D for a genetic based obesity drug is currently in the works by Novo Nordisk, Eli Lilly, and several other rivals. With the obesity treatment market expected to hit $100 billion in 2030, even the announcement of a genetic-based drug ready to start FDA trials would generate significant buzz. With Novo Nordisk the current market leader, such an announcement in 2030 is not a stretch. Our target price is $192.34. Cumulatively, 24/7 Wall Street anticipates Novo Nordisk to appreciate 79% over the next 5 years. Year EPS P/E multiple Price 2025 $4.97 25 $124.20 2026 $5.46 25 $136.62 2027 $6.12 25 $153.01 2028 $6.61 25 $165.26 2029 $7.47 25 $186.74 2030 $7.69 25 $192.34 The #1 Thing to Do Before You Claim Social Security (Sponsor) Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation. A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes. Have questions about retirement or personal finance? Email us at Retire@247wallst.com! By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on 247wallst.com. By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. The post Novo Nordisk A/S (NVO) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St.. https://247wallst.com - 2 days ago
Novo Nordisk says it is gradually phasing out human insulin pens globally Novo Nordisk is gradually ending production of human insulin pens, the drugmaker told Reuters, as it spends billions to ramp up manufacturing of its popular obesity and diabetes injections. reuters.com - 3 days ago
EU regulators quiz Novo Nordisk, Catalent rivals on $16.5 bln deal EU antitrust regulators have asked pharma rivals and customers for feedback in four business areas in light of Novo Holdings' planned $16.5 billion takeover of Catalent , people familiar with the matter said. reuters.com - 3 days ago
Novo Nordisk A/S: Trading in Novo Nordisk shares by board members, executives and associated persons Bagsværd, Denmark, 13 November 2024 — This company announcement discloses the data of the transaction(s) made in Novo Nordisk shares by the company's board members, executives and their associated persons in accordance with Article 19 of Regulation No. 596/2014 on market abuse. globenewswire.com - 3 days ago
Novo Nordisk A/S: Trading in Novo Nordisk shares by board members, executives and associated persons Bagsværd, Denmark, 12 November 2024 — This company announcement discloses the data of the transaction(s) made in Novo Nordisk shares by the company's board members, executives and their associated persons in accordance with Article 19 of Regulation No. 596/2014 on market abuse. globenewswire.com - 4 days ago
Here's Why Novo Nordisk (NVO) is a Strong Growth Stock The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. zacks.com - 4 days ago
Novo Stock Has Been Slammed. How a New Weight-Loss Drug Could Boost Shares by 10%. Novo drug CagriSema, which combines semaglutide with cagrilintide, could help patients lose 25% of their body weight. barrons.com - 5 days ago
Novo Nordisk A/S (NVO) Price Prediction and Forecast 2025-2030 When it comes to weight loss drugs, Ozempic has become a phenomenon. 247wallst.com - 5 days ago
Novo Nordisk: Be Greedy When Others Are Fearful Novo Nordisk's stock has dropped to $110 per share, but operational performance remains strong, with no signs of business deterioration. Despite Eli Lilly's underperformance in GLP-1 sales, Novo Nordisk's diabetes and obesity treatments, especially Ozempic and Wegovy, continue to show robust growth. Legal concerns over compounded versions of Ozempic and Wegovy exist, but I believe Novo Nordisk's brand trust and regulatory backing will mitigate long-term impact. seekingalpha.com - 6 days ago
Does This New Issue Threaten Eli Lilly and Novo Nordisk Shares? The good times aren't over, but the peak of the party might be passing. fool.com - 1 week ago
Novo Nordisk A/S: Trading in Novo Nordisk shares by board members, executives and associated persons Bagsværd, Denmark, 8 November 2024 – This company announcement discloses the data of the transaction(s) made in Novo Nordisk shares by the company's board members, executives and their associated persons in accordance with Article 19 of Regulation No. 596/2014 on market abuse. globenewswire.com - 1 week ago
8. Profile Summary

Novo Nordisk A/S NVO

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COUNTRY DK
INDUSTRY Biotechnology
MARKET CAP $ 459 B
Dividend Yield 0.00%
Description Novo Nordisk A/S, a healthcare company, engages in the research, development, manufacture, and marketing of pharmaceutical products worldwide. It operates in two segments, Diabetes and Obesity care, and Biopharm. The Diabetes and Obesity care segment provides products in the areas of insulins, GLP-1 and related delivery systems, oral antidiabetic products, obesity, and other chronic diseases. The Biopharmaceuticals segment offers products in the areas of haemophilia, growth disorders, and hormone replacement therapy. The company collaboration agreements with Gilead Sciences, Inc. Novo Nordisk A/S also has a research collaboration with Lumen Bioscience, Inc. to explore strategies for delivering oral biologics for cardiometabolic disease. The company was founded in 1923 and is headquartered in Bagsvaerd, Denmark.
Contact Novo Allé 1, Bagsvaerd, 2880 https://www.novonordisk.com
IPO Date April 30, 1981
Employees 71880
Officers Mr. Douglas J. Langa Executive Vice President of North America Operations & Member of Management Board Mr. Ludovic Helfgott Executive Vice President, Head of Rare Disease & Member of Management Board Ms. Tania Sabroe Executive Vice President of Global People & Organisation and Member of Management Board Mr. Lars Fruergaard Jorgensen President, Chief Executive Officer & Member of Management Board Mr. Karsten Munk Knudsen Executive Vice President, Chief Financial Officer & Member of the Management Board Ms. Camilla Sylvest Executive Vice President of Commercial Strategy & Corporate Affairs and Member of the Management Board Dr. Marcus Schindler Ph.D. EVice President of Research & Early Development, Chief Scientific Officer & Member of the Management Board Mr. Maziar Mike Doustdar Executive Vice President of International Operations & Member of the Management Board Mr. Henrik Ehlers Wulff Executive Vice President of Product Supply, Quality & IT and Member of the Management Board Dr. Martin Holst Lange Executive Vice President of Development & Member of the Management Board