Novo Nordisk shares tumble after company warns of sales hit this year
Novo Nordisk shares plummeted as much as 14% after the Danish pharmaceutical giant warned that sales and operating profit growth will decline between 5% and 13% in 2026. The outlook reflects significant headwinds, primarily driven by lower pricing in its largest market, the United States,...
Bullish Signals
- Q4 net sales reached $12.5 billion, beating estimates.
Bearish Signals
- Forecasts 5-13% sales/profit decline by 2026 due to lower prices.
- Eli Lilly tirzepatide surpassed Novo in U.S. market share.
- Ozempic revenue flat at constant exchange rates in Q4.
- Semaglutide loses exclusivity in Canada, Brazil, China by 2026.