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Novo Nordisk Analyst Ratings

NVONYSE
Logo brought to you by Benzinga Data
$68.17
At close: May 23 EDT
$68.66
0.490.72%
Pre-Market: 7:43 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$160.00
Lowest Price Target1
$31.00
Consensus Price Target1
$110.71

Novo Nordisk Analyst Ratings and Price Targets | NYSE:NVO | Benzinga

Novo Nordisk AS has a consensus price target of $110.71 based on the ratings of 11 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 BMO Capital, BMO Capital, and Cantor Fitzgerald on April 17, 2025, December 23, 2024, and November 6, 2024, respectively. With an average price target of $109.67 between BMO Capital, BMO Capital, and Cantor Fitzgerald, there's an implied 59.72% upside for Novo Nordisk AS from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Dec 24
1
Jan
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BMO Capital
Cantor Fitzgerald
Argus Research
Argus Research
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Novo Nordisk

Buy NowGet Alert
04/17/2025Buy Now-6.79%BMO Capital
Evan David Seigerman46%
$105 → $64DowngradeOutperform → Market PerformGet Alert
01/08/2025Buy NowUBS
Jo Walton6%
UpgradeSell → BuyGet Alert
12/23/2024Buy Now52.93%BMO Capital
Evan David Seigerman46%
$156 → $105MaintainsOutperformGet Alert
11/06/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
10/17/2024Buy Now127.21%BMO Capital
Evan David Seigerman46%
$160 → $156MaintainsOutperformGet Alert
10/10/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
09/20/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
09/16/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
09/09/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
08/19/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
08/08/2024Buy Now133.03%BMO Capital
Evan David Seigerman46%
$170 → $160MaintainsOutperformGet Alert
08/05/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
07/01/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
06/25/2024Buy Now137.4%BMO Capital
Evan David Seigerman46%
$163 → $163MaintainsOutperformGet Alert
06/20/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
06/17/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
06/10/2024Buy Now133.03%Argus Research
John Eade74%
$125 → $160MaintainsBuyGet Alert
04/18/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
04/12/2024Buy Now137.4%BMO Capital
Evan David Seigerman46%
→ $163Initiates → OutperformGet Alert
04/05/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
04/01/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
03/20/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$160 → $160ReiteratesOverweight → OverweightGet Alert
03/08/2024Buy Now133.03%Cantor Fitzgerald
Louise Chen54%
$140 → $160MaintainsOverweightGet Alert
02/20/2024Buy Now103.9%Cantor Fitzgerald
Louise Chen54%
$140 → $140ReiteratesOverweight → OverweightGet Alert
02/15/2024Buy Now103.9%Cantor Fitzgerald
Louise Chen54%
$140 → $140ReiteratesOverweight → OverweightGet Alert
02/14/2024Buy Now103.9%Cantor Fitzgerald
Louise Chen54%
$140 → $140ReiteratesOverweight → OverweightGet Alert
02/01/2024Buy Now82.06%Argus Research
Jasper Hellweg68%
$115 → $125MaintainsBuyGet Alert
02/01/2024Buy Now103.9%Cantor Fitzgerald
Louise Chen54%
$120 → $140MaintainsOverweightGet Alert
01/23/2024Buy Now74.77%Morgan Stanley
Mark Purcell30%
→ $120Initiates → OverweightGet Alert
12/04/2023Buy Now67.49%TD Cowen
Michael Nedelcovych70%
$105 → $115MaintainsOutperformGet Alert
12/01/2023Buy Now67.49%Argus Research
John Eade74%
$110 → $115MaintainsBuyGet Alert
12/01/2023Buy Now74.77%Cantor Fitzgerald
Louise Chen54%
→ $120Initiates → OverweightGet Alert
10/02/2023Buy Now60.21%Argus Research
John Eade74%
→ $110Initiates → BuyGet Alert
03/28/2023Buy Now-54.85%BTIG
Justin Zelin40%
$20 → $31MaintainsBuyGet Alert
12/12/2022Buy Now111.19%TD Cowen
Michael Nedelcovych70%
$130 → $145MaintainsOutperformGet Alert
06/28/2022Buy NowUBS
Michael Leuchten58%
DowngradeNeutral → SellGet Alert
06/07/2022Buy NowJP Morgan
Richard Vosser44%
UpgradeNeutral → OverweightGet Alert
05/31/2022Buy NowGuggenheim
Seamus Fernandez61%
UpgradeNeutral → BuyGet Alert

FAQ

Q

What is the target price for Novo Nordisk (NVO) stock?

A

The latest price target for Novo Nordisk (NYSE:NVO) was reported by BMO Capital on April 17, 2025. The analyst firm set a price target for $64.00 expecting NVO to fall to within 12 months (a possible -6.79% downside). 17 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Novo Nordisk (NVO)?

A

The latest analyst rating for Novo Nordisk (NYSE:NVO) was provided by BMO Capital, and Novo Nordisk downgraded their market perform rating.

Q

When was the last upgrade for Novo Nordisk (NVO)?

A

The last upgrade for Novo Nordisk AS happened on January 8, 2025 when UBS raised their price target to N/A. UBS previously had a sell for Novo Nordisk AS.

Q

When was the last downgrade for Novo Nordisk (NVO)?

A

The last downgrade for Novo Nordisk AS happened on April 17, 2025 when BMO Capital changed their price target from $105 to $64 for Novo Nordisk AS.

Q

When is the next analyst rating going to be posted or updated for Novo Nordisk (NVO)?

A

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 April 17, 2025 so you should expect the next rating to be made available sometime around April 17, 2026.

Q

Is the Analyst Rating Novo Nordisk (NVO) correct?

A

While ratings are subjective and will change, the latest Novo Nordisk (NVO) rating was a downgraded with a price target of $105.00 to $64.00. The current price Novo Nordisk (NVO) is trading at is $68.66, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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