Novo Nordisk Stock Hits New 52-Week Low Amid Profit Warning: What Investors Need To Know

Benzinga
2025.07.30 15:53
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Novo Nordisk's stock has hit a new 52-week low, trading down 6.18% to $50.61 after the company cut its 2025 financial outlook for the second time this year, reducing projected sales growth from 13-21% to 8-14%. This downgrade is attributed to competition from compounded GLP-1 alternatives and slower market expansion. Barclays analyst Emily Field downgraded the stock from Overweight to Equal-Weight, raising concerns about growth prospects. The company is also undergoing a leadership change, with Maziar Mike Doustdar set to become CEO on August 7.