DKK624.20
1.84% yesterday
Copenhagen, Dec 30, 04:59 pm CET
ISIN
DK0062498333
Symbol
NOVO B
Sector
Industry

Novo Nordisk Target price 2024 - Analyst rating & recommendation

Novo Nordisk Classifications & Recommendation:

Buy
68%
Hold
19%
Sell
13%

Novo Nordisk Price Target

Target Price DKK922.62
Price DKK624.20
Potential
Number of Estimates 25
25 Analysts have issued a price target Novo Nordisk 2025 . The average Novo Nordisk target price is DKK922.62. This is higher than the current stock price. The highest price target is
DKK1,150.00 84.24%
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, the lowest is
DKK560.00 10.29%
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.
A rating was issued by 31 analysts: 21 Analysts recommend Novo Nordisk to buy, 6 to hold and 4 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Novo Nordisk stock has an average upside potential 2025 of . Most analysts recommend the Novo Nordisk stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion DKK 232.26 286.45
31.26% 23.33%
EBITDA Margin 47.96% 49.72%
4.74% 3.68%
Net Margin 35.48% 34.67%
16.02% 2.27%

26 Analysts have issued a sales forecast Novo Nordisk 2024 . The average Novo Nordisk sales estimate is

DKK286b
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. This is
5.86% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
DKK289b 6.99%
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, the lowest is
DKK280b 3.42%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 DKK232b 31.26%
2024
DKK286b 23.33%
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2025
DKK345b 20.28%
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2026
DKK402b 16.76%
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2027
DKK441b 9.73%
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2028
DKK502b 13.83%
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18 Analysts have issued an Novo Nordisk EBITDA forecast 2024. The average Novo Nordisk EBITDA estimate is

DKK142b
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. This is
5.08% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
DKK145b 6.83%
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, the lowest is
DKK134b 1.30%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 DKK111b 37.47%
2024
DKK142b 27.86%
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2025
DKK172b 20.85%
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2026
DKK204b 18.48%
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2027
DKK215b 5.42%
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2028
DKK237b 10.43%
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EBITDA Margin

2023 47.96% 4.74%
2024
49.72% 3.68%
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2025
49.95% 0.46%
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2026
50.69% 1.48%
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2027
48.70% 3.93%
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2028
47.24% 3.00%
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18 Novo Nordisk Analysts have issued a net profit forecast 2024. The average Novo Nordisk net profit estimate is

DKK99.3b
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. This is
5.89% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
DKK102b 8.72%
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, the lowest is
DKK96.0b 2.40%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 DKK82.4b 52.28%
2024
DKK99.3b 20.53%
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2025
DKK124b 24.83%
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2026
DKK149b 20.47%
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2027
DKK166b 11.29%
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2028
DKK197b 18.36%
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Net Margin

2023 35.48% 16.02%
2024
34.67% 2.27%
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2025
35.98% 3.78%
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2026
37.12% 3.17%
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2027
37.65% 1.43%
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2028
39.15% 3.98%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share DKK 18.67 22.50
52.28% 20.51%
P/E 28.26
EV/Sales 9.73

18 Analysts have issued a Novo Nordisk forecast for earnings per share. The average Novo Nordisk <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

DKK22.50
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. This is
5.88% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
DKK23.10 8.71%
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, the lowest is
DKK21.76 2.40%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 DKK18.67 52.28%
2024
DKK22.50 20.51%
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2025
DKK28.09 24.84%
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2026
DKK33.84 20.47%
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2027
DKK37.66 11.29%
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2028
DKK44.57 18.35%
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P/E ratio

Current 29.93 27.81%
2024
28.26 5.58%
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2025
22.64 19.89%
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2026
18.79 17.01%
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2027
16.89 10.11%
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2028
14.27 15.51%
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Based on analysts' sales estimates for 2024, the Novo Nordisk stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 10.31 28.20%
2024
9.73 5.58%
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2025
8.09 16.86%
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2026
6.93 14.35%
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2027
6.32 8.86%
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2028
5.55 12.15%
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P/S ratio

Current 10.37 28.25%
2024
9.80 5.54%
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2025
8.15 16.86%
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2026
6.98 14.35%
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2027
6.36 8.87%
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2028
5.59 12.15%
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