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Novo Nordisk A/S NVO · Stock Open Novo Nordisk A/S in new tab

42.93 USD
P/E
11.68
EPS
3.99
Yield
3.91%
Safety Score
60
P/B
6.02
ROE
59.82
Beta
0.34
Target Price
47.16 USD
Novo Nordisk A/S logo

Novo Nordisk A/S

🧾 Earnings Recap – Q3 2025

Novo Nordisk reported strong Q3 2025 results with a 15% increase in sales and 10% rise in operating profit, while narrowing its sales and operating profit guidance due to projected slower growth in its GLP-1 treatments.

  • Sales growth was driven by both U.S. (15%) and international operations (16%), bolstered by one-off adjustments in the U.S. of DKK 6 billion.
  • Obesity care surged 41%, led by a 24% growth in U.S. sales and an impressive 83% growth internationally.
  • The company is executing a strategic transformation involving a reduction of approximately 9,000 global positions, expected to yield annual savings of DKK 8 billion by 2026.
  • Rybelsus received regulatory approval in the U.S. and EU, enhancing Novo's offerings in diabetes care.
  • Ongoing focus on diabetes and obesity, coupled with portfolio refinement, reaffirms Novo Nordisk's commitment to addressing major unmet medical needs.
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Key Metrics
Earnings dateNov. 4, 2026
P/E11.68
EPS3.99
Book Value7.74
Price to Book6.02
Debt/Equity63.33
% Insiders0.003%
Growth
Revenue Growth0.02%
Earnings Growth-0.21%
Estimates
Forward P/E13.63
Forward EPS3.42
Target Mean Price47.16
Dividend
Dividend Yield3.91%
Annual dividends11.70 USD
Ex-Div. DateAug. 17, 2026
Payout44.64%
5y avg Yield1.45%

DCF Valuation

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DCF Result

Fair Value (DCF)
Current Price
Upside
WACC
Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

Novo Nordisk A/S Logo Novo Nordisk A/S Analysis (NVO)

Denmark Health Care Official Website Stock

Is Novo Nordisk A/S a good investment? Novo Nordisk A/S (NVO) is currently trading at 42.93 USD. Market analysts have a consensus price target of 47.16 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 11.68. This relatively low multiple may signal that Novo Nordisk A/S is undervalued compared to historical market norms.

Earnings Schedule: Novo Nordisk A/S is expected to release its next earnings report on Nov. 4, 2026. The market consensus estimate for Forward EPS is 3.42.

For income investors, Novo Nordisk A/S pays a dividend yield of 3.91%. With a payout ratio of 45%, the dividend appears sustainable.

Investor FAQ

Does Novo Nordisk A/S pay a dividend?

Yes, it pays an annual dividend of 11.70 USD (3.91% yield).

What asset class is Novo Nordisk A/S?

Novo Nordisk A/S is classified as a Stock. You can compare it against 7 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be Nov. 4, 2026. The company currently has a trailing EPS of 3.99.

Company Profile

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products. It operates through two segments, Obesity and Diabetes Care, and Rare Disease. The Obesity and Diabetes care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company also provides NovoPen 6 and NovoPen Echo Plus, smart insulin pens; Dose Check, an insulin dose guidance application; growth hormone pens and injection needles; and Wegovy pill an oral glucagon-like peptide-1 (GLP-1) receptor agonist therapy for weight management. It operates in Europe, Canada, the United States, Japan, Korea, Oceania, Southeast Asia, Mainland China, Hong Kong and Taiwan, Latin America, the Middle East, and Africa. Novo Nordisk A/S was founded in 1923 and is headquartered in Bagsvaerd, Denmark.

Exchange Ticker
FRA (Germany) NOVA.F
MEX (Mexico) NVON.MX
SAO (Brazil) N1VO34.SA
NYQ (United States) NVO
VIE (Austria) NNOR.VI
GER (Germany) NOVA.DE
FRA (Germany) NOVC.F
Trades
Dividend Yield
3.91%
5y avg 1.45%
Annual Dividends
11.70USD
Next Ex. Div Date
Aug. 17, 2026
Payout Ratio
44.64%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
1.96 USD
Aug. 25, 2027 (estimated) 0.6101
April 2, 2027 (estimated) 1.3481
2026
1.86 USD
Sept. 29, 2026 (estimated) 0.0038
Aug. 25, 2026 0.5790
April 8, 2026 1.2750
2025
1.69 USD
Sept. 29, 2025 0.0038
Aug. 26, 2025 0.5840
April 8, 2025 1.0990
2024
1.44 USD
Aug. 26, 2024 0.5130
April 2, 2024 0.9300
2023
2.06 USD
Aug. 29, 2023 0.8763
April 4, 2023 1.1806
2022
1.60 USD
Aug. 23, 2022 0.5778
April 5, 2022 1.0224
2021
1.47 USD
Aug. 25, 2021 0.5503
April 7, 2021 0.9221
2020
1.30 USD
Aug. 25, 2020 0.5178
April 7, 2020 0.7826
2019
1.45 USD
Aug. 27, 2019 0.2245
Aug. 27, 2019 0.4494
April 2, 2019 0.7770
2018
1.60 USD
Aug. 28, 2018 0.4623
April 3, 2018 0.8060
April 3, 2018 0.3350
2017
1.48 USD
Aug. 29, 2017 0.4738
April 4, 2017 0.6704
April 4, 2017 0.3315
2016
1.64 USD
Aug. 23, 2016 0.4535
Aug. 23, 2016 0.2235
March 30, 2016 0.9581
2015
0.73 USD
March 31, 2015 0.7300
2014
1.25 USD
April 2, 2014 0.4150
April 2, 2014 0.8303
2013
3.42 USD
April 2, 2013 3.1018
April 2, 2013 0.3184
2012
2.76 USD
April 3, 2012 0.2497
April 3, 2012 2.5095
2011
2.07 USD
April 5, 2011 1.8860
April 5, 2011 0.1818
2010
1.50 USD
April 7, 2010 1.3592
April 7, 2010 0.1407
2009
1.19 USD
March 31, 2009 0.1034
March 31, 2009 1.0855
2008
1.03 USD
March 25, 2008 0.9423
March 25, 2008 0.0884
2007
1.30 USD
March 20, 2007 1.2386
March 20, 2007 0.0609
2006
1.01 USD
March 21, 2006 0.0483
March 21, 2006 0.9608
2005
0.90 USD
March 22, 2005 0.8573
March 22, 2005 0.0420
2004
0.76 USD
March 29, 2004 0.0373
March 29, 2004 0.7236
2003
0.55 USD
April 7, 2003 0.0262
April 7, 2003 0.5229
2002
0.41 USD
March 25, 2002 0.0185
March 25, 2002 0.3956
2001
0.80 USD
April 2, 2001 0.0159
April 2, 2001 0.7890
2000
0.64 USD
Nov. 17, 2000 0.0094
April 6, 2000 0.0117
April 6, 2000 0.6230
1999
0.57 USD
April 6, 1999 0.0082
April 6, 1999 0.5576
1998
0.31 USD
April 8, 1998 0.0080
April 8, 1998 0.3051
1997
0.29 USD
May 7, 1997 0.2841
May 7, 1997 0.0056
1996
0.22 USD
May 14, 1996 0.0043
May 14, 1996 0.2125
April 24, 1996 0.0036
1995
0.20 USD
May 16, 1995 0.1934
May 16, 1995 0.0042
1994
0.14 USD
May 18, 1994 0.0028
May 18, 1994 0.1320
April 22, 1994 0.0028
1993
0.56 USD
May 13, 1993 0.0027
May 13, 1993 0.5552
1992
0.54 USD
May 20, 1992 0.0030
May 20, 1992 0.5361
1991
0.60 USD
May 10, 1991 0.5999
May 10, 1991 0.0025
1990
0.63 USD
May 15, 1990 0.0031
May 15, 1990 0.6236
1989
0.47 USD
May 12, 1989 0.0023
May 12, 1989 0.4630
1988
0.52 USD
May 12, 1988 0.0026
May 12, 1988 0.5219
1987
0.42 USD
May 11, 1987 0.0021
May 11, 1987 0.4140
1986
0.49 USD
May 12, 1986 0.4914
May 12, 1986 0.0017
1985
0.37 USD
May 10, 1985 0.0013
May 10, 1985 0.3700
1984
0.00 USD
April 13, 1984 0.0014
1983
0.00 USD
April 13, 1983 0.0014
1982
0.00 USD
April 23, 1982 0.0003
Upcoming Dividends
Name Payment Date Status Amount
Novo Nordisk A/S Aug 25, 2026 0.579 USD
Novo Nordisk A/S Apr 08, 2026 1.275 USD
Novo Nordisk A/S Sep 29, 2025 0.003787 USD
Stock Splits
Split Date Split Ratio to 1
April 18, 1994 4:1
April 11, 2001 2.5
Dec. 17, 2007 2:1
Jan. 9, 2014 5:1
Sept. 20, 2023 2:1
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