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Added to YB: 2026-08-11

Pitch date: 2026-08-08

NVO [neutral]

Novo Nordisk A/S

+1.55%

current return

Author Info

HatedMoats identifies hated moats. I buy companies when the market panics. Contrarian investor focused on quality, value & long-term growth. 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 47.00

Price Target

N/A

Dividend

3.83%

EV/EBITDA

8.24

P/E

11.65

EV/Sales

4.39

Sector

Pharmaceuticals

Category

turnaround

Show full summary:
Novo Nordisk Q2 2026 Review: Better Than Feared But Is It Enough?

NVO (holding update): Q2 adj sales DKK78.5B (+7% CER), op profit +11%; FY26 guide raised to 0% to -6% (from -13%). Obesity +16%, Intl +37%. Wegovy pill 5M+ scripts, expanding market. GM 78.2% but +DKK3B one-off. Pipeline weak: CagriSema, monlunabant, ZEUS fail. Sept 21 CMD key. Holding.

Read full article (10 min)