How to buy Novo Nordisk shares in 2025
Novo Nordisk A/S ($NVO) is a leading global healthcare company specialising in diabetes care and other serious chronic diseases.👉 Read on to learn about Novo Nordisk and how to buy $NVO shares in a few easy steps.
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How to buy Novo Nordisk stock in 5 steps
When investing in shares - whether NVO or otherwise - it’s important to consider your financial position, investing goals and risk tolerance. Before making any investment decision, it’s wise to consider your current circumstances and consult with a financial planner or advisor. If you decide that investing in Novo Nordisk is right for you, then consider the following steps.
1. Open an investing account
To buy Novo Nordisk stock in Australia, you’ll need to sign up to an investing platform with access to the U.S. share market. Stake offers seamless access to 12,000+ stocks and ETFs across the U.S. and Australian markets, including NVO.
2. Fund your account
Once you’ve opened an account, you’ll need to deposit funds to allow you to buy NVO shares. With Stake, you can deposit via bank transfer, debit/credit card, Apple Pay, Google Pay or set up a recurring deposit using PayTo.
3. Search for Novo Nordisk or NVO
Find your prospective investment by searching the name or ticker symbol of the company. If you’re using Stake, you can easily search on our web trading platform or the Stake app.
4. Place an order for NVO shares
The next step is to place an order for the number of Novo Nordisk shares you’d like to buy. Be sure to check the market is open and ensure the order type and volume align with your investment plan.
5. Monitor your investment
Once your order executes, you should keep an eye on the company’s performance and monitor the performance of your portfolio. Check regularly to ensure your investment is aligned with your financial goals.
Put it on repeat?
If you intend to regularly purchase NVO shares, you could consider setting up a recurring investment. On Stake, you can set up a consistent purchase order for Novo Nordisk shares which may be useful if you’re thinking of investing in the company over the long term.
Novo Nordisk company overview
Novo Nordisk is a leader in diabetes care, focusing on innovation in insulin products and other related healthcare treatments. The company also invests in treatments for obesity and rare blood disorders, consistently driving growth through medical advancements.
Novo Nordisk share price performance
The Novo Nordisk share price was US$78.79 (-3.45%) as of market close.
Key metrics for Novo Nordisk
Get a breakdown of Novo Nordisk’s financial metrics.
| Latest market close | US$78.79 |
| Market capitalisation | US$269.73B |
| PE Ratio | 25.07 |
| Earnings per share | US$3.14 |
| Day change | -3.45% |
| 52-week high | US$148.15 |
| 52-week low | US$73.80 |
Data updated as of March 21, 2025.
Schedule a recurring investment in Novo Nordisk
Put your favourites on repeat - like Novo Nordisk - with a recurring investment on Stake. It’s a great way to build towards long-term goals and a convenient method to stay consistent with your investing habits.
You’re always in control, it’s easy to hit pause or skip a scheduled order.
Does Novo Nordisk pay dividends?
Yes, Novo Nordisk pays dividends.
| Dividend yield | 2.05% |
Data updated as of March 21, 2025.
What is the Novo Nordisk price target?
The average price target for NVO is US$132.5 across 2 combined analyst ratings.
The suggestion is to BUY with 100% of analysts suggesting to buy, 0% suggest hold and 0% suggest sell.
Analyst ratings and price targets are provided for informational purposes by our market data partner, Benzinga, and do not constitute a recommendation to make an investment decision. Future forecasts are not a reliable indicator of future performance.
How to sell Novo Nordisk shares?
The process of selling Novo Nordisk shares on Stake is similar to purchasing them. If you already own NVO shares on the platform and looking to sell, follow these steps:
- Open Stake, head to your Holdings and find Novo Nordisk
- Select Sell
- Choose the order type, number of shares/dollar value and the desired price (if applicable)
- Review your Sell order
- Follow the prompts to submit your order
Watch this video to see just how simple it is to buy and sell shares on Stake.
Is it a good time to buy Novo Nordisk shares?
Like any investment, Novo Nordisk may be a suitable option for some, but not for others. It’s important to understand that investing in any financial instrument comes with a certain level of risk.
You should always conduct your own research and consider your personal financial circumstances before buying $NVO shares. When researching, consider the company’s financial health, future prospects, current market conditions and whether or not it aligns with your investment strategy.
What are some similar stocks to NVO?
Eli Lilly and Company ($LLY): A global pharmaceutical company, similar to Novo Nordisk, with a focus on treatments for chronic diseases. Sanofi ($SNY): Specializes in diabetes care and pharmaceuticals, directly competing with Novo Nordisk. Pfizer ($PFE): Another key player in the pharmaceutical industry, known for its innovation in healthcare products, like Novo Nordisk.
What are some ETFs that hold NVO?
iShares Global Healthcare ETF ($IXJ): This ETF includes Novo Nordisk as it focuses on large healthcare companies worldwide, specializing in pharmaceuticals and biotechnology. SPDR S&P Pharmaceuticals ETF ($XPH): Novo Nordisk is a holding in this ETF due to its leading role in pharmaceutical development, particularly in diabetes care. Vanguard Health Care ETF ($VHT): This ETF holds Novo Nordisk as part of its focus on major players in the healthcare industry, especially those involved in chronic disease treatments.
Why invest on Stake?
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Invest in Novo Nordisk for as little as US$10
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Novo Nordisk Common Questions
- Sign up to Stake on desktop or via the Stake app
- Activate Stake wall-st
- Deposit funds via bank transfer, credit/debit card, Apple Pay/Google Pay or PayTo
- Place a buy order for Novo Nordisk
- Monitor your investment
Fractional shares allow U.S. investors to purchase a portion of a share in lieu of an entire stock. This can be advantageous for some investors who seek to hold a company in their portfolio but don’t want to pay for a full share.
So, in the case of Novo Nordisk, you could buy in with as little as US$10 instead of paying for a full share which was valued at US$76.07 at last market close.
Take control of your financial future
This is for information purposes only and is not a recommendation to invest in the securities listed. Such information is not intended to constitute financial advice and no agency or advisory relationship is created between you and Stake as a result of having access to or using the Information. This information does not take into account your personal objectives, financial situation or needs. You agree that neither Stake nor any third party provider is responsible for any investment decisions or for any damages or other losses resulting from the use of the Information. As always, do your own research before making any investment decisions and consider seeking advice from a licensed financial adviser. No representation or warranty is made as to the timeliness, reliability, accuracy or completeness of the material and Stake does not accept any responsibility arising from errors in, or omissions from, the data. Past performance is not a reliable indicator of future performance.