Stocks are coming off a losing week, though a Friday rally mitigated declines. U.S. airlines are expecting another record Thanksgiving travel period.
57.2%. That's how much the company's stock has fallen since the start of 2025. The stock price is now more than 72% below its June 2024 peak, when it breached the Kr 1,000 ($154.5) mark.
Oral semaglutide—the ingredient in obesity and diabetes drugs Ozempic and Wegovy—didn't slow Alzheimer's disease in two late-stage clinical trials.
The trial tested whether semaglutide -- the active ingredient in Novo's blockbuster diabetes and weight loss drugs Ozempic and Wegovy -- helped slow progression for Alzheimer's disease. The Novo Nordisk A/S headquarters in Bagsvaerd, Denmark, on Wednesday, Nov. 5, 2025.
I argue that 2025 was the "peak pain" year for Novo Nordisk, and I believe the massive stock correction has gone "too far," creating a compelling GARP opportunity. I believe that despite a guidance cut and pricing pressure, the company's underlying business remains strong, with temporary restructuring costs masking its true profitability. I see major upcoming catalysts, including the launch of an oral version of Wegovy and the 2026 filing for its next-generation drug CagriSema, which I expect will reignite growth.
Novo has experienced a prolonged sell.off over the last months, declining more than 65% from all-time highs. Why some kind of pessimism is justified, the current market cap is way to low considering Novo's presence in two of the most promising healthcare segments. By underlying realistic growth rates, Novo is undervalued by up to 85%.
Recently, Zacks.com users have been paying close attention to Novo Nordisk (NVO). This makes it worthwhile to examine what the stock has in store.
Among all the weight loss drugs, Ozempic has become a phenomenon. With as much as $17 billion in sales in 2024 and over $10 billion in the first half of 2025, it shows no signs of slowing down, much to the delight of its Danish manufacturer, Novo Nordisk A/S (NYSE: NVO).
Novo Nordisk (NVO) is deeply undervalued after a 43% YTD decline, despite strong fundamentals and global obesity market leadership. NVO dominates international markets with 72% share and 335% Wegovy sales growth, while Wall Street fixates on US market share losses. CagriSema and oral GLP-1 pipeline offer superior efficacy, broader access, and are key to unlocking massive untapped global demand.
Novo Nordisk is quietly coming out of the storm despite the prevailing pessimism, especially among retail investors. Thanks to Wegovy's approval as a treatment for NASH, its sales rose to DKK 20.35 billion in the 3rd quarter. Yes, Ozempic remains a "dark spot" in Novo Nordisk's GLP-1 franchise, but at the same time, its sales grew by 3.2% year on year.
NVO's discounted valuations and promising oral candidate may trigger a drastic reversal in its stock prices/performance, upon the materialization of positive catalyst/bullish support. This is significantly aided by the rich cash flow generation, the growing book value per share at $38.23, and the promising emergence of a double bottom indicator. Otherwise, there is no denying the numerous growth headwinds tied to NVO's investment thesis across the drug price deals, the therapy's mixed efficacy rates, and the GLP-1 price war.
For investors in Novo Nordisk NYSE: NVO, 2025 has been a challenging year. After reaching a 52-week high of over $112, the stock has declined by approximately 45%, reflecting mounting competitive pressures and concerns about slowing growth in its key GLP-1 franchise.