Novo Nordisk A/S vs ON Holding AG — how do they compare? Novo Nordisk A/S trades at $49.35 (market cap $220.53B), while ON Holding AG trades at $37.24 (market cap $12.55B). The key difference: Novo Nordisk A/S is far larger — about 17.6× ON Holding AG's market cap, and Novo Nordisk A/S pays a 3.63% dividend while ON Holding AG pays none. Which is the better fit depends on your goals.
| NVO | ONON | |
|---|---|---|
Market Cap | $220.53B | $12.55B |
Sector | Health | Technology |
52-Week High | $71.70 | $53.21 |
52-Week Low | $35.29 | $31.88 |
Enterprise Value | $239.49B | $11.87B |
Dividend Yield | 3.63% | — |
Signals from Pluang's Aura AI — not financial advice
Novo Nordisk (NVO) trades at $49.38, down 1.87% amid legal action against Eli Lilly over GLP-1 drug advertising. The stock maintains strong fundamentals with a P/E of 11.91 and robust profitability margins (net income margin 37.2%, ROE 71.4%). Recent quarterly earnings consistently beat expectations, with Q1 2026 EPS of $1.04 surpassing the $0.87 estimate. Technical indicators show a bullish moving average signal while oscillators remain neutral, with key support at $48.
Outlook remains positive given strong earnings momentum and market leadership in GLP-1 drugs, though legal risks and competitive pressures from Eli Lilly pose near-term headwinds. Analyst consensus is bullish (57.9% buy ratings) with projected revenue growth to $327.8B in 2026. Key risks include litigation outcomes and market share competition in the weight-loss drug segment.
No Aura AI signal available yet.
Trailing returns across standard periods
Latest headlines on both assets
With almost 50% market share by volume of the global insulin market, Novo Nordisk is the leading provider of diabetes-care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments, and oral antidiabetic agents. Novo also has a biopharmaceutical segment (constituting roughly 15% of revenue) that specializes in protein therapies for hemophilia and other disorders.
Read more on NVO →ON Holding AG is a Swiss sports company primarily known for its high-performance running shoes, apparel, and accessories under the 'On' brand. The company emphasizes a blend of high-end design, proprietary cloud technology (like CloudTec cushioning), and sustainability in its products. On has rapidly gained market share globally, appealing to both competitive athletes and general consumers in the performance and lifestyle footwear segments.
Read more on ONON →