Novo Nordisk AS Class B

NOVO B: XCSE (DNK)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Novo Nordisk Earnings: Price Pressure Growing with Oral Cash Pay Success and Another Cagrisema Miss

Karen Andersen

Aug 5, 2026

Novo Nordisk saw 6% adjusted revenue growth and 8% adjusted operating profit growth in the second quarter. Management raised its 2026 guidance at constant exchange rates for sales and operating profit to between flat and a 6% decline. Copenhagen shares fell 4% on Aug. 5.

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Novo Nordisk AS Class B

Novo Nordisk Earnings: Price Pressure Growing with Oral Cash Pay Success and Another Cagrisema Miss

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