CNBC's Silvia Amaro takes a look at the rise and fall in Novo Nordisk shares.
Novo Nordisk faces slowing revenue growth, weak Q2 2025 results, and a more conservative outlook, signaling challenges ahead. Competition from Eli Lilly is intensifying, forcing Novo to increase marketing spend, which risks margin compression and weaker shareholder returns. Despite a significant share price drop, Novo Nordisk remains overvalued with a forward P/FCF ratio of 35, far above sector medians.
Novo Nordisk A/S (NVO) Q2 2025 Earnings Conference Call August 6, 2025 7:00 AM ET Company Participants David S. Moore - Executive VP of US Operations & Member of Management Board Jacob Martin Wiborg Rode - Head of Investor Relations Karsten Munk Knudsen - Executive VP, CFO & Member of the Management Board Lars Fruergaard Jorgensen - President, CEO & Member of Management Board Ludovic Helfgott - Executive VP of Product & Portfolio Strategy and Member of Management Board Martin Holst Lange - Executive VP of Development & Member of the Management Board Maziar Mike Doustdar - Executive VP of International Operations & Member of the Management Board Conference Call Participants Emmanuel Douglas Papadakis - Deutsche Bank AG, Research Division Evan David Seigerman - BMO Capital Markets Equity Research Martin Parkhoi - SEB, Research Division Michael Novod - Nordea Markets, Research Division Michael Thomas Nedelcovych - TD Cowen, Research Division Peter Verdult - BNP Paribas Exane, Research Division Richard Vosser - JPMorgan Chase & Co, Research Division Sachin Jain - BofA Securities, Research Division Operator Good day, and thank you for standing by.
![]() NVO In 1 weeks Announced | Semi Annual | $0.41 Per Share |
![]() NVO 4 months ago Paid | Other | $1.1 Per Share |
![]() NVO 11 months ago Paid | Other | $0.52 Per Share |
![]() NVO 22 Mar 2024 Paid | Other | $0.93 Per Share |
![]() NVO 18 Aug 2023 Paid | Other | $0.44 Per Share |
5 Nov 2025 (In 2 months) Date | | 5.86 Cons. EPS | - EPS |
5 Nov 2025 (In 2 months) Date | | 0.99 Cons. EPS | - EPS |
6 Aug 2025 Date | | 6 Cons. EPS | 5.96 EPS |
7 May 2025 Date | | 0.92 Cons. EPS | 6.53 EPS |
30 Apr 2025 Date | | - Cons. EPS | - EPS |
![]() NVO In 1 weeks Announced | Semi Annual | $0.41 Per Share |
![]() NVO 4 months ago Paid | Other | $1.1 Per Share |
![]() NVO 11 months ago Paid | Other | $0.52 Per Share |
![]() NVO 22 Mar 2024 Paid | Other | $0.93 Per Share |
![]() NVO 18 Aug 2023 Paid | Other | $0.44 Per Share |
5 Nov 2025 (In 2 months) Date | | 5.86 Cons. EPS | - EPS |
5 Nov 2025 (In 2 months) Date | | 0.99 Cons. EPS | - EPS |
6 Aug 2025 Date | | 6 Cons. EPS | 5.96 EPS |
7 May 2025 Date | | 0.92 Cons. EPS | 6.53 EPS |
30 Apr 2025 Date | | - Cons. EPS | - EPS |
Drug Manufacturers - General Industry | Healthcare Sector | Lars Fruergaard Jorgensen CEO | LSE Exchange | US6701002056 ISIN |
DK Country | 77,406 Employees | 18 Aug 2025 Last Dividend | 20 Sep 2023 Last Split | - IPO Date |
Novo Nordisk A/S is an established global pharmaceutical company with a heritage dating back to 1923. With its headquarters in Bagsvaerd, Denmark, the company has a widespread operational reach across Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and other international markets. Novo Nordisk is committed to discovering and developing innovative pharmaceutical products, focusing primarily on Diabetes and Obesity Care, and Rare Disease. The company has carved a niche for itself by not just being a manufacturer but also engaging in the research and development of new pharmaceutical products, ensuring they provide contemporary and efficient solutions to the healthcare challenges of today.
Novo Nordisk A/S offers a comprehensive range of healthcare products and solutions aimed at addressing some of the most challenging diseases. With a focus on quality and innovation, their offerings encompass:
Through a collaboration agreement with Aspen Pharmaceuticals, Novo Nordisk also ensures the production of insulin products, highlighting their commitment to making essential medications accessible. The company's enduring legacy and forward-looking approach have positioned it as a key player in the global pharmaceutical industry, dedicated to improving the lives of patients worldwide.