Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Novo Nordisk A/S before investing.

In this article, we go over a few key elements for understanding Novo Nordisk A/S’s stock price such as:

• Novo Nordisk A/S’s current stock price and volume
• Why Novo Nordisk A/S’s stock price changed recently
• Upgrades and downgrades for NVO from analysts
• NVO’s stock price momentum as measured by its relative strength

About Novo Nordisk A/S (NVO)

Before we jump into Novo Nordisk A/S’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products. It operates through two segments, Obesity and Diabetes Care, and Rare Disease. The Obesity and Diabetes care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company also provides NovoPen 6 and NovoPen Echo Plus, smart insulin pens; Dose Check, an insulin dose guidance application; growth hormone pens and injection needles; and Wegovy pill an oral glucagon-like peptide-1 (GLP-1) receptor agonist therapy for weight management. It operates in Europe, Canada, the United States, Japan, Korea, Oceania, Southeast Asia, Mainland China, Hong Kong and Taiwan, Latin America, the Middle East, and Africa. Novo Nordisk A/S was founded in 1923 and is headquartered in Bagsvaerd, Denmark.

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Novo Nordisk A/S’s Stock Price as of Market Close

As of July 31, 2026, 4:03 PM, CST, Novo Nordisk A/S’s stock price was $47.080.

Novo Nordisk A/S is down 8.78% from its previous closing price of $51.610.

During the last market session, Novo Nordisk A/S’s stock traded between $46.440 and $47.590. Currently, there are approximately 685.35 million shares outstanding for Novo Nordisk A/S.

Novo Nordisk A/S’s price-earnings (P/E) ratio is currently at 11.1, which is low compared to the Pharmaceuticals industry median of 20.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Novo Nordisk A/S Stock Price History

Novo Nordisk A/S’s (NVO) price is currently down 1.79% so far this month.

During the month of July, Novo Nordisk A/S’s stock price has reached a high of $52.120 and a low of $46.440.

Over the last year, Novo Nordisk A/S has hit prices as high as $64.160 and as low as $35.120. Year to date, Novo Nordisk A/S’s stock is down 7.47%.

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What Caused Novo Nordisk A/S Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there was 1 analyst who downgraded Novo Nordisk A/S’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Novo Nordisk A/S’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Novo Nordisk A/S’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Novo Nordisk A/S’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Novo Nordisk A/S (NVO) by visiting AAII Stock Evaluator.

Relative Price Strength of Novo Nordisk A/S

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Novo Nordisk A/S has a weighted four-quarter relative price strength of -1.35%, which translates to a Momentum Score of 48 and is considered to be Average.

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Novo Nordisk A/S Stock Price: Bottom Line

As of July 31, 2026, Novo Nordisk A/S’s stock price is $47.080, which is down 8.78% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Novo Nordisk A/S stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.