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Added to YB: 2026-01-07

Pitch date: 2025-12-03

NVO [bullish]

Novo Nordisk A/S

-1.25%

current return

Author Info

Alpha Talon Investment Research is a Hong Kong–based private family office deploying only proprietary capital across biotech, value turnarounds, and catalyst-driven shorts, focused on intrinsic value, regulatory odds, and mispriced fundamentals. Sign up for the newsletter.

Company Info

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products.

Market Cap

DKK 1.3T

Pitch Price

DKK 304.80

Price Target

180.00 (-41%)

Dividend

3.89%

EV/EBITDA

9.31

P/E

13.07

EV/Sales

4.67

Sector

Pharmaceuticals

Category

growth

Show full summary:
Novo Nordisk: From Insulin Giant to Global Metabolic Infrastructure

NVO: facing unprecedented competition - Lilly advancing faster w/ superior next-gen efficacy; Pfizer's Metsera acquisition intensifies landscape. Bull case: oral GLP-1 unlock, $330B+ revenue, 84%+ gross margins, massive CapEx expansion creating multi-decade platform. Bear case: competitive displacement, manufacturing bottlenecks. DCF targets $165-180 base case. Execution-critical investment w/ asymmetric outcomes.

Read full article (22 min)