Novo Nordisk Share Price Target 2025: Technical Outlook & Analyst Forecasts

Novo Nordisk Share Price Target 2025: Technical Outlook & Analyst Forecasts

Novo Nordisk (NYSE: NVO) is currently trading near $51, with analysts offering mixed forecasts for 2025. While some brokerages, including UBS and BofA, have trimmed their targets to $48–$53, broader consensus estimates suggest potential upside toward $90–$94. Technical charts show strong support around $36, with resistance at $60–$78, making these key levels to watch. Recent FDA approval of Wegovy for MASH treatment has supported short-term gains, but rising competition from Eli Lilly and lowered company guidance pose challenges. Investors remain divided, with 2025 targets ranging widely between $48 and $94.

Quick Highlights

  • Current Price (ADS): ~$51

  • Analyst Consensus: ~$93.67 (≈83% upside)

  • Zacks Range: $54 – $112 (avg. ~$70.88)

  • UBS Target: 340 DKK (~$48, Neutral)

  • BofA Target: 375 DKK (~$53, Neutral)

  • Key Technical Levels: Support $36 | Resistance $60–$78

Novo Nordisk Share Price Chart

Recent Market Moves

  • FDA Boost: Wegovy cleared for MASH treatment, shares gained ~4–6%.

  • Broker Downgrades: UBS & BofA cut targets, citing strong competition.

  • Trend Warning: Stock down ~60% since 2024 highs; guidance lowered.

  • Leadership Shift: New CEO faces pressure in the U.S. market.

Technical Analysis

  • Support Zone: $36 (critical floor).

  • Resistance Zones: $60 and $78 (historical ceilings).

  • Momentum: 50-week MA nearing 200-week MA → possible “death cross.”

Novo Nordisk Share Price Target 2025

Scenario Target Range (USD) Key Factors
Bullish $90 – $94 Strong GLP-1 growth, FDA approvals
Base Case $54 – $72 Analyst averages, moderate growth
Conservative $48 – $53 UBS & BofA neutral stance
Bearish Below $36 Support break + competitive risks

Key Risks to Watch

  • Rising Eli Lilly competition in GLP-1 drugs.

  • Guidance cut: Growth trimmed to 8–14% for 2025.

  • Leadership changes could impact strategic direction.

Novo Nordisk is trading near $51 today. Analysts remain divided: optimistic forecasts suggest upside toward $94, while cautious targets sit closer to $48–$53.

Technically, holding above $36 is crucial. A breakout past $60 could unlock $78, while failure below support risks deeper downside.

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