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NVO Forecast



Price Forecast:




80% Confidence

Bearish   <->   Bullish



Bullish Case: NVO's robust pipeline and anticipated results of CagriSema suggest strong revenue growth potential, supported by continued high demand for obesity drugs like Ozempic and Wegovy.



Bearish Case: Regulatory scrutiny, rising competition, and potential negative outcomes from ongoing trials could hinder NVO’s market position, affecting its stock performance negatively.



Potential Outcomes:
  • 60%: Continued strong demand for obesity drugs boosts NVO's revenue.
  • 25%: Supply chain challenges worsen, affecting product availability.
  • 15%: CagriSema falls short in efficacy trials, dampening investor confidence.



Trading Oracle: Implement a bullish debit spread by buying NVO 110 Calls and selling 115 Calls expiring in February 2025. This targets price appreciation on high volatility and aligns with positive growth momentum. Monitor regulatory announcements closely for volatility adjustments.


December 20, 2024


Novo Nordisk Forecast

NVO        Novo Nordisk

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