Novo Nordisk (NVO) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Novo Nordisk (NVO) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 3, 2023 (06:38)

Sector: Healthcare

The share price of Novo Nordisk A/S (NVO) now

What analysts predict: $103.46
52-week High/Low: $105.69 / $59.48

50/200 Day Moving Average: $96.78 / $85.21

This figure corresponds to the Average Price over the previous 50/200 days. For Novo Nordisk stocks, the 50-day moving average is the support level today.

For Novo Nordisk stocks, the 200-day moving average is the support level today.

Are you interested in Novo Nordisk A/S stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Novo Nordisk stock price in 2023, 2024, 2025, 2026, 2027. How much will one Novo Nordisk share be worth in 2023 - 2027?

When should I take profit in Novo Nordisk stock? When should I record a loss on Novo Nordisk stock? What are analysts' forecasts for Novo Nordisk stock? What is the future of Novo Nordisk stock? We forecast Novo Nordisk stock performance using neural networks based on historical data on Novo Nordisk stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Novo Nordisk stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2023, 2024, 2025, 2026 and 2027) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Novo Nordisk shares. This happens once a day.




Historical and forecast chart of Novo Nordisk stock

The chart below shows the historical price of Novo Nordisk stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Novo Nordisk stock price can be found in the table below.

Long-term forecasts by years.

Novo Nordisk A / S, a healthcare company, is dedicated to the research, development, manufacture and marketing of pharmaceutical products globally. The company is headquartered in Bagsvaerd, Denmark.

Novo Nordisk daily forecast for a month

Date Target Pes. Opt. Vol., %
Dec 05 101.23 100.60 101.76 1.15
Dec 06 101.53 100.46 102.31 1.83
Dec 07 100.33 99.15 101.22 2.08
Dec 08 99.62 98.89 100.29 1.42
Dec 09 99.22 98.32 99.69 1.39
Dec 10 98.61 97.56 99.48 1.97
Dec 11 98.33 97.62 98.90 1.31
Dec 12 99.05 98.60 99.78 1.19
Dec 13 97.81 96.92 98.42 1.54
Dec 14 96.45 95.61 97.12 1.57
Dec 15 96.96 96.11 97.45 1.39
Dec 16 96.65 95.52 97.25 1.81
Dec 17 96.00 95.68 96.65 1.01
Dec 18 96.06 94.93 97.17 2.35
Dec 19 97.40 96.62 98.35 1.78
Dec 20 97.32 96.36 97.78 1.47
Dec 21 98.56 97.96 99.39 1.46
Dec 22 98.33 98.00 99.40 1.43
Dec 23 97.13 96.00 98.27 2.37
Dec 24 97.22 96.42 98.11 1.75
Dec 25 96.62 96.16 97.07 0.95
Dec 26 95.26 94.23 96.33 2.23
Dec 27 96.26 95.32 97.33 2.11
Dec 28 97.27 96.41 97.78 1.42
Dec 29 98.23 97.29 98.97 1.73
Dec 30 98.44 98.04 98.85 0.83
Dec 31 99.06 98.11 100.12 2.05
Jan 01 98.09 97.17 98.46 1.33
Jan 02 98.33 97.31 99.42 2.17
Jan 03 96.94 96.19 98.11 2.00

Novo Nordisk Daily Price Targets


Novo Nordisk Stock Forecast 12-05-2023.

Forecast target price for 12-05-2023: $101.23.
Positive dynamics for Novo Nordisk shares will prevail with possible volatility of 1.134%.
Pessimistic target level: 100.60
Optimistic target level: 101.76

Novo Nordisk Stock Forecast 12-06-2023.

Forecast target price for 12-06-2023: $101.53.
Positive dynamics for Novo Nordisk shares will prevail with possible volatility of 1.801%.
Pessimistic target level: 100.46
Optimistic target level: 102.31

Novo Nordisk Stock Forecast 12-07-2023.

Forecast target price for 12-07-2023: $100.33.
Negative dynamics for Novo Nordisk shares will prevail with possible volatility of 2.037%.
Pessimistic target level: 99.15
Optimistic target level: 101.22

Novo Nordisk Stock Forecast 12-08-2023.

Forecast target price for 12-08-2023: $99.62.
Negative dynamics for Novo Nordisk shares will prevail with possible volatility of 1.400%.
Pessimistic target level: 98.89
Optimistic target level: 100.29

Novo Nordisk Stock Forecast 12-09-2023.

Forecast target price for 12-09-2023: $99.22.
Negative dynamics for Novo Nordisk shares will prevail with possible volatility of 1.373%.
Pessimistic target level: 98.32
Optimistic target level: 99.69

Novo Nordisk Stock Forecast 12-10-2023.

Forecast target price for 12-10-2023: $98.61.
Negative dynamics for Novo Nordisk shares will prevail with possible volatility of 1.933%.
Pessimistic target level: 97.56
Optimistic target level: 99.48

NVO (NVO) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Dec. 102.79 99.25 108.46 8.49

Novo Nordisk forecast for this year


Novo Nordisk Stock Prediction for Dec 2023

An uptrend is forecast for this month with an optimal target price of $102.79. Pessimistic: $99.25. Optimistic: $108.46



Novo Nordisk (NVO) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 108.38 105.17 113.58 7.41
Feb 112.54 105.97 116.33 8.90
Mar 115.42 109.24 121.89 10.38
Apr 117.92 111.31 120.75 7.81
May 115.94 112.97 119.65 5.58
Jun 119.37 114.69 123.38 7.04
Jul 122.90 116.41 129.19 9.89
Aug 121.03 116.97 126.94 7.86
Sep 112.61 107.75 116.48 7.50
Oct 110.36 106.30 115.66 8.09
Nov 104.44 100.93 110.46 8.62
Dec 106.36 102.54 110.45 7.16

Novo Nordisk (NVO) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 112.49 109.70 117.17 6.37
Feb 108.44 102.37 113.65 9.92
Mar 108.88 105.74 110.79 4.56
Apr 114.97 112.76 119.02 5.26
May 116.90 114.94 120.36 4.51
Jun 124.10 121.03 131.65 8.07
Jul 120.83 114.06 122.76 7.09
Aug 124.21 118.65 128.68 7.80
Sep 126.70 122.34 131.05 6.65
Oct 118.38 114.22 125.01 8.64
Nov 123.21 116.71 128.73 9.34
Dec 121.93 115.50 127.20 9.20

Novo Nordisk (NVO) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 125.05 118.15 130.86 9.71
Feb 128.76 122.89 131.02 6.21
Mar 129.27 124.72 131.65 5.26
Apr 120.38 117.58 122.88 4.31
May 111.81 105.28 118.52 11.17
Jun 110.38 108.52 117.35 7.52
Jul 111.52 105.10 117.23 10.35
Aug 107.24 105.53 110.24 4.28
Sep 110.84 104.19 116.43 10.51
Oct 111.47 108.08 113.61 4.87
Nov 112.62 109.11 119.56 8.74
Dec 120.10 117.80 125.96 6.48

Novo Nordisk (NVO) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 128.37 122.61 134.94 9.13
Feb 129.19 121.13 134.56 9.99
Mar 129.60 127.22 137.17 7.26
Apr 132.19 124.37 134.31 7.40
May 134.84 127.39 142.17 10.39
Jun 135.05 130.30 138.73 6.07
Jul 132.13 127.38 137.84 7.59
Aug 130.97 125.84 138.31 9.01
Sep 130.87 126.16 133.69 5.64
Oct 136.31 128.90 143.84 10.39
Nov 143.40 138.93 149.02 6.77
Dec 150.28 144.27 157.38 8.33

Novo Nordisk information and performance

Novo Nordisk Address

NOVO ALLE DK 2880, BAGSVAERD DENMARK, DK

Market Capitalization: 470 412 460 000 $

Market capitalization of the Novo Nordisk A/S is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of NVO shares in the company outstanding by the market price of one share.

EBITDA: 100 106 002 000 $

EBITDA of Novo Nordisk is earnings before interest, income tax and depreciation of assets.

PE Ratio: 43.04

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 2.03

Price/earnings to growth

DPS: 7.08

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0098

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 2.45

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.577
Quarterly Revenue Growth YOY: 0.289
Trailing PE: 43.04

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 31.15

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.779

Enterprise Value (EV) /Revenue

EV To EBITDA: 3.704

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 4461000000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Novo Nordisk (NVO) stock dividend

Novo Nordisk last paid dividends on 08/18/2023. The next scheduled payment will be on 08/29/2023. The amount of dividends is $7.08 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




Related stocks from Healthcare sector


Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.