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NYSE: NVO
Novo Nordisk A S Stock Forecast, Predictions & Price Target

Analyst price target for NVO

Based on 1 analyst offering 12 month price targets for Novo Nordisk A S.
Min Forecast
$15.50-83.02%
Avg Forecast
$15.50-83.02%
Max Forecast
$15.50-83.02%

Should I buy or sell NVO stock?

Based on 1 analyst offering ratings for Novo Nordisk A S.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NVO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
BTIG
Bottom 11%
11
Strong BuyMaintains$15.50-83.02%2023-03-28

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Forecast return on equity

Is NVO forecast to generate an efficient return?
Company
N/A
Industry
0.91%
Market
28.82%

Forecast return on assets

Is NVO forecast to generate an efficient return on assets?
Company
N/A
Industry
0.07%

NVO earnings growth forecast

How is NVO forecast to perform vs Biotechnology companies and vs the US market?
Company
8.08%
Industry
7.6%
Market
20.23%
NVO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

NVO revenue growth forecast

How is NVO forecast to perform vs Biotechnology companies and vs the US market?
Company
5.02%
Industry
35.95%
Market
8.15%
NVO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
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Forecast Revenue Growth vs Market Forecast

NVO vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
NVO$91.30$15.50-83.02%Strong Buy
VRTX$349.53$372.64+6.61%Strong Buy
REGN$824.84$908.17+10.10%Strong Buy
SGEN$213.70$229.00+7.16%Hold
MRNA$99.99$142.33+42.35%Buy

Novo Nordisk A S Stock Forecast FAQ

Is Novo Nordisk A S Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: NVO) stock is to Strong Buy NVO stock.

Out of 1 analyst, 1 (100%) are recommending NVO as a Strong Buy, 0 (0%) are recommending NVO as a Buy, 0 (0%) are recommending NVO as a Hold, 0 (0%) are recommending NVO as a Sell, and 0 (0%) are recommending NVO as a Strong Sell.

If you're new to stock investing, here's how to buy Novo Nordisk A S stock.

What is NVO's forecast return on equity (ROE) for 2023-2026?

(NYSE: NVO) forecast ROE is N/A, which is considered weak.

What is NVO's Price Target?

According to 1 Wall Street analyst that have issued a 1 year NVO price target, the average NVO price target is $15.50, with the highest NVO stock price forecast at $15.50 and the lowest NVO stock price forecast at $15.50.

The Wall Street analyst predicted that Novo Nordisk A S's share price could fall to $15.50 by Mar 28, 2024. The average Novo Nordisk A S stock price prediction forecasts a potential downside of 83.02% from the current NVO share price of $91.30.

What is NVO's forecast return on assets (ROA) for 2023-2026?

(NYSE: NVO) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of 0.07%.
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