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Novo Nordisk AS has a consensus price target of $81.63 based on the ratings of 15 analysts. The high is $160 issued by Cantor Fitzgerald on November 6, 2024. The low is $31 issued by BTIG on March 28, 2023. The 3 most-recent analyst ratings were released by Goldman Sachs, BMO Capital, and BMO Capital on November 28, 2025, November 25, 2025, and October 14, 2025, respectively. With an average price target of $51.67 between Goldman Sachs, BMO Capital, and BMO Capital, there's an implied 3.83% upside for Novo Nordisk AS from these most-recent analyst ratings.
1calculated from analyst ratings
| Get Alert | |||||
|---|---|---|---|---|---|
| Dec 8, 2025 | — | — | Previous Buy Current Hold | Get Alert | |
| Nov 28, 2025 | 8.51% | 5460 | Previous Buy Current Buy | Get Alert | |
| Nov 25, 2025 | -7.56% | 4650 | Previous Market Perform Current Market Perform | Get Alert | |
| Nov 24, 2025 | — | — | Previous Buy Current Hold | Get Alert | |
| Oct 27, 2025 | — | — | Previous Underperform Current Underperform | Get Alert | |
| Oct 14, 2025 | 10.52% | 5055 | Previous Market Perform Current Market Perform | Get Alert | |
| Oct 2, 2025 | 40.67% | 70 | Previous Hold Current Buy | Get Alert | |
| Sep 29, 2025 | -5.55% | 4759 | Previous Equal-Weight Current Underweight | Get Alert | |
| Sep 17, 2025 | — | — | Previous Hold Current Buy | Get Alert | |
| Aug 19, 2025 | 40.67% | 70105 | Previous Buy Current Buy | Get Alert | |
| Aug 5, 2025 | — | — | Previous Buy Current Neutral | Get Alert | |
| Jul 31, 2025 | — | — | Previous Buy Current Hold | Get Alert | |
| Jul 30, 2025 | — | — | Previous Overweight Current Equal-Weight | Get Alert | |
| Jun 18, 2025 | 111% | 105105 | Previous Buy Current Buy | Get Alert | |
| Apr 17, 2025 | 28.61% | 64105 | Previous Outperform Current Market Perform | Get Alert | |
| Jan 8, 2025 | — | — | Previous Sell Current Buy | Get Alert | |
| Dec 23, 2024 | 111% | 105156 | Previous Outperform Current Outperform | Get Alert | |
| Dec 20, 2024 | 111% | 105155 | Previous Buy Current Buy | Get Alert | |
| Nov 6, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Oct 17, 2024 | 213.48% | 156160 | Previous Outperform Current Outperform | Get Alert | |
| Oct 10, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Sep 20, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Sep 16, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Sep 9, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Aug 19, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Aug 8, 2024 | 221.52% | 160170 | Previous Outperform Current Outperform | Get Alert | |
| Aug 5, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Jul 1, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Jun 25, 2024 | 227.55% | 163163 | Previous Outperform Current Outperform | Get Alert | |
| Jun 20, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Jun 17, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Jun 10, 2024 | 221.52% | 125160 | Previous Buy Current Buy | Get Alert | |
| Apr 18, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Apr 12, 2024 | 227.55% | 163 | Previous Initiates Current Outperform | Get Alert | |
| Apr 5, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Apr 1, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Mar 20, 2024 | 221.52% | 160160 | Previous Overweight Current Overweight | Get Alert | |
| Mar 8, 2024 | 221.52% | 140160 | Previous Overweight Current Overweight | Get Alert | |
| Feb 20, 2024 | 181.33% | 140140 | Previous Overweight Current Overweight | Get Alert | |
| Feb 15, 2024 | 181.33% | 140140 | Previous Overweight Current Overweight | Get Alert | |
| Feb 14, 2024 | 181.33% | 140140 | Previous Overweight Current Overweight | Get Alert | |
| Feb 6, 2024 | 171.28% | 115135 | Previous Outperform Current Outperform | Get Alert | |
| Feb 1, 2024 | 151.19% | 115125 | Previous Buy Current Buy | Get Alert | |
| Feb 1, 2024 | 181.33% | 120140 | Previous Overweight Current Overweight | Get Alert | |
| Jan 23, 2024 | 141.14% | 120 | Previous Initiates Current Overweight | Get Alert | |
| Dec 4, 2023 | 131.09% | 105115 | Previous Outperform Current Outperform | Get Alert | |
| Dec 1, 2023 | 131.09% | 110115 | Previous Buy Current Buy | Get Alert | |
| Dec 1, 2023 | 141.14% | 120 | Previous Initiates Current Overweight | Get Alert | |
| Oct 2, 2023 | 121.05% | 110 | Previous Initiates Current Buy | Get Alert | |
| Mar 28, 2023 | -37.7% | 2031 | Previous Current Buy | Get Alert |
The latest price target for Novo Nordisk (NYSE:NVO) was reported by Argus Research on December 8, 2025. The analyst firm set a price target for $0.00 expecting NVO to fall to within 12 months (a possible -100.00% downside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Novo Nordisk (NYSE:NVO) was provided by Argus Research, and Novo Nordisk downgraded their hold rating.
The last upgrade for Novo Nordisk AS happened on October 2, 2025 when HSBC raised their price target to $70. HSBC previously had a hold for Novo Nordisk AS.
The last downgrade for Novo Nordisk AS happened on December 8, 2025 when Argus Research changed their price target from N/A to N/A for Novo Nordisk AS.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Novo Nordisk, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Novo Nordisk was filed on December 8, 2025 so you should expect the next rating to be made available sometime around December 8, 2026.
While ratings are subjective and will change, the latest Novo Nordisk (NVO) rating was a downgraded with a price target of $0.00 to $0.00. The current price Novo Nordisk (NVO) is trading at is $49.76, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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