NVO Stock Summary and Trading Ideas (Novo Nordisk A/S | NYSE:NVO)

With roughly one-third of the global branded diabetes treatment market, Novo Nordisk is the world's leading provider of diabetes care products. Based in Denmark, the company manufactures and markets a variety of human and modern insulins for patients with diabetes, as well as injectable and oral GLP-1 therapies, across its obesity and diabetes care segment. Novo also has a rare disease segment (contributing less than 10% of revenue) that specializes in protein therapies for hemophilia and other disorders.

Novo Nordisk A/S trades on the NYSE stock market under the symbol NVO.

As of October 14, 2026, NVO stock price climbed to $38.17 with 4,974,343 million shares trading.

NVO has a beta of 0.91, meaning it tends to be less sensitive to market movements. NVO has a correlation of 0.05 to the broad based SPY ETF.

NVO has a market cap of $168.59 billion. This is considered a Large Cap stock.

Last quarter Novo Nordisk A/S reported $12 billion in Revenue and $.96 earnings per share. This beat revenue expectation by $859 million and exceeded earnings estimates by $.15.

In the last 3 years, NVO traded as high as $148.15 and as low as $35.12.

The top ETF exchange traded funds that NVO belongs to (by Net Assets): PPH, AVDE, WCMI, FENI, PID.

NVO has underperformed the market in the last year with a price return of -30.4% while the SPY ETF gained +16.9%. NVO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -21.4% and -0.4%, respectively, while the SPY returned +2.7% and +0.5%, respectively.

NVO support price is $37.33 and resistance is $38.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NVO shares will trade within this expected range on the day.