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Novo Nordisk Raises Its Annual Sales Forecast

Updated 23 September 2026

What Is Happening

Novo Nordisk raised its sales forecast for 2026, citing stronger expectations for GLP-1 medicines used in diabetes and weight management. Novo makes Wegovy and Ozempic. The company now expects adjusted annual sales to fall by up to 6% or remain unchanged, instead of the previously forecast 4%–12% decline.

Novo is forecasting a smaller decline in sales, or no change, rather than a return to growth. For the second quarter, Novo reported adjusted sales of 78.5 billion Danish kroner, up 7% from a year earlier.

Both the quarterly comparison and annual forecast remove the effect of exchange-rate changes. Novo’s adjusted figures also exclude a one-off accounting effect related to the U.S. 340B drug-pricing programme. These are measures of sales across Novo’s business, not profit or the sales of one particular medicine.

Sources (2)

Companies Involved

Novo Nordisk

Other

Novo Nordisk develops and manufactures medicines for diabetes and obesity, including Ozempic and Wegovy (semaglutide).

Market cap $189.3bn

Mentioned In

GLP-1 Market Monitor

Updated 6 days ago

Ticker activity
$79.0bnAnnual market size
9.17%Forecast annual growth (CAGR)2025–2035

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