Novo Nordisk A/S (NVO) Stock Forecast

NYSE: NVOAnalyst ratings, price target and estimates.

NVO analyst forecast

as of October 18, 2026
Analyst consensus
Hold
3.29 / 5 from 14 analysts
Price target
$45.81
average of analyst targets
Upside to target
+18.0%
from the latest close
Next earnings
November 4, 2026
EPS estimate $0.81
52-week range
$35.29 – $63.98

NVO analyst ratings

14 analysts
Strong buy
321%
Buy
00%
Hold
1071%
Sell
00%
Strong sell
17%

Number of analysts at each rating.

NVO price target

Price $38.83Target $45.81
52-week low $35.2952-week high $63.98

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

NVO earnings per share estimates

Novo Nordisk A/S EPS estimates
PeriodAverageLowHighYear agoGrowthAnalysts
Current quarter (Sep '26)$4.62$4.01$5.28$4.50+2.7%3
Current fiscal year (2026)$22.39$21.01$24.25$23.03−2.8%8
Next fiscal year (2027)$22.89$21.73$23.74$22.39+2.2%7

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

NVO revenue estimates

Novo Nordisk A/S revenue estimates
PeriodAverageLowHighGrowthAnalysts
Current quarter (Sep '26)$73.79B$71.19B$78.49B−1.6%12
Current fiscal year (2026)$301.95B$272.68B$334.98B−2.3%27
Next fiscal year (2027)$305.92B$286.94B$343.47B+1.3%25

NVO EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

NVO revenue: reported and forecast

Reported revenueEstimate (average; low–high)

NVO EPS estimate revisions

Novo Nordisk A/S EPS estimate revisions
Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Current quarter (Sep '26)$4.79$5.13$5.11$4.83$4.62−3.5%0 up · 2 down
Current fiscal year (2026)$21.86$23.08$23.24$22.53$22.39+2.4%1 up · 2 down
Next fiscal year (2027)$22.02$21.85$21.91$22.09$22.89+3.9%2 up · 1 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

NVO earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 12 quarters; NVO beat in 9 of 12.

What analysts expect from NVO

14 analysts cover Novo Nordisk A/S; their consensus rating is hold (3.29 on a 1–5 scale, where 5 is a strong buy). The average price target is $45.81, 18.0% above the latest close of $38.83. Analysts expect earnings of $22.39 per share for 2026, −2.8% from a year earlier. For 2027 the average estimate is $22.89 per share on revenue of $305.9 billion. Novo Nordisk A/S beat the EPS estimate in 9 of the last 12 quarters.

Related: NVO income statement, NVO key metrics, NVO chart. See the NVO stock overview for the latest quote and news.

NVO forecast FAQ

What is Novo Nordisk A/S's price target?

The average analyst price target for Novo Nordisk A/S is $45.81, 18.0% above the latest close of $38.83.

Is Novo Nordisk A/S a buy, hold or sell?

Of 14 analysts covering Novo Nordisk A/S, 3 rate it a strong buy, 0 a buy, 10 a hold, 0 a sell and 1 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.

What is Novo Nordisk A/S's EPS forecast?

Analysts forecast $22.39 per share for 2026 (range $21.01 to $24.25); for 2027 the estimate is $22.89.

What is Novo Nordisk A/S's revenue forecast?

The average revenue estimate for 2026 is $302.0 billion, growth of −2.3%; for 2027 it is $305.9 billion.

When does Novo Nordisk A/S report earnings?

Novo Nordisk A/S is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens; the EPS estimate is $0.81.

Does Novo Nordisk A/S usually beat earnings estimates?

Novo Nordisk A/S reported EPS at or above the analyst estimate in 9 of the last 12 quarters.

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