DKK758.80
1.80% today
Copenhagen, Nov 26, 04:59 pm CET
ISIN
DK0062498333
Symbol
NOVO B
Sector
Industry

Novo Nordisk Target price 2024 - Analyst rating & recommendation

Novo Nordisk Classifications & Recommendation:

Buy
63%
Hold
25%
Sell
13%

Novo Nordisk Price Target

Target Price DKK989.84
Price DKK745.40
Potential
Number of Estimates 26
26 Analysts have issued a price target Novo Nordisk 2025 . The average Novo Nordisk target price is DKK989.84. This is higher than the current stock price. The highest price target is
DKK1,150.00 54.28%
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, the lowest is
DKK560.00 24.87%
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.
A rating was issued by 32 analysts: 20 Analysts recommend Novo Nordisk to buy, 8 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 232.26 286.54
31.26% 23.37%
EBITDA Margin 47.96% 49.59%
4.74% 3.41%
Net Margin 35.48% 34.72%
16.02% 2.13%

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

DKK287b
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. This is
5.90% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
DKK291b 7.67%
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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
DKK287b 23.37%
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2025
DKK344b 19.97%
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2026
DKK402b 17.01%
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2027
DKK442b 9.87%
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2028
DKK502b 13.53%
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19 Analysts have issued an Novo Nordisk EBITDA forecast 2024. The average Novo Nordisk EBITDA estimate is

DKK142b
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. This is
4.86% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
DKK145b 6.92%
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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 27.59%
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2025
DKK172b 21.23%
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2026
DKK204b 18.21%
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2027
DKK214b 5.08%
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2028
DKK228b 6.63%
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EBITDA Margin

2023 47.96% 4.74%
2024
49.59% 3.41%
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2025
50.12% 1.07%
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2026
50.63% 1.02%
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2027
48.42% 4.37%
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2028
45.48% 6.07%
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19 Novo Nordisk Analysts have issued a net profit forecast 2024. The average Novo Nordisk net profit estimate is

DKK99.5b
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. This is
6.08% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
DKK102b 8.35%
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, the lowest is
DKK96.7b 3.06%
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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
DKK99.5b 20.73%
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2025
DKK125b 26.14%
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2026
DKK150b 19.82%
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2027
DKK168b 11.67%
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2028
DKK200b 19.30%
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Net Margin

2023 35.48% 16.02%
2024
34.72% 2.13%
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2025
36.50% 5.13%
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2026
37.38% 2.41%
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2027
37.99% 1.63%
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2028
39.92% 5.08%
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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 22.54
52.28% 20.73%
P/E 33.07
EV/Sales 11.42

19 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

DKK22.54
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. This is
6.07% 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
DKK23.02 8.33%
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, the lowest is
DKK21.90 3.06%
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.

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

Earnings Per Share

2023 DKK18.67 52.28%
2024
DKK22.54 20.73%
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2025
DKK28.43 26.13%
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2026
DKK34.07 19.84%
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2027
DKK38.05 11.68%
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2028
DKK45.39 19.29%
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P/E ratio

Current 35.08 17.94%
2024
33.07 5.73%
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2025
26.22 20.71%
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2026
21.88 16.55%
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2027
19.59 10.47%
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2028
16.42 16.18%
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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

11.42
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
11.48
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.

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

EV/Sales

Current 12.09 18.37%
2024
11.42 5.56%
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2025
9.52 16.65%
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2026
8.13 14.54%
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2027
7.40 8.99%
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2028
6.52 11.92%
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P/S ratio

Current 12.16 18.45%
2024
11.48 5.57%
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2025
9.57 16.65%
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2026
8.18 14.54%
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2027
7.44 8.99%
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2028
6.56 11.92%
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