Novo Nordisk Earnings Could Be Solid, but Consensus Still Too High -- Market Talk

Dow Jones
Mar 30

0958 GMT - Novo Nordisk's first-quarter results could be solid, with a strong beat for the Wegovy treatment in oral form and a 2026 guidance reiteration, J.P. Morgan analysts write in a research note. "Overall, we anticipate a solid set of results, slightly ahead of consensus on adjusted operating profit and adjusted EPS." However, the bank still thinks that consensus is significantly too high, particularly at the operating profit level. JPM says that a 5% cut to consensus is required just to get to the top-end of the Danish drugmaker's guidance range, so even with a strong oral Wegovy result it sees the potential for consensus numbers to come down following the results. Shares rise 0.6% to 229.80 Danish kroner. (dominic.chopping@wsj.com)

 

(END) Dow Jones Newswires

March 30, 2026 05:59 ET (09:59 GMT)

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