ARVN
Arvinas, Inc.
There isn't enough reported data to score ARVN yet.
NVO
Novo Nordisk A/S
NVO's fundamentals are mixed: it turned 15% of its revenue into free cash flow, but its operating margin fell 3 points to 43%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
ARVN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Unavailable |
ARVN's revenue is currently stable, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
NVO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Healthy |
NVO's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
ARVN PE Valuation
ARVN has no meaningful PE right now: it lost money over the past year.
NVO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 10x | $40.65 | — |
| Cheap | 14x | $53.56 | +32% |
| Fair | 27x | $103 | +154% |
| Expensive | 39x | $152 | +273% |
Historical ranges are pointers, not guarantees.
NVO's PE is 10x, but its earnings don't support one, so it isn't a reliable read right now.
ARVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong decline | |
| -- | |
| Limited | |
| Low |
Analysts expect ARVN's revenue to decline, with its earnings and profitability holding steady. However, they disagree widely on these estimates.
NVO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Stable | |
| Growth | |
| Weakening | |
| Limited | |
| Low |
Analysts expect NVO's revenue to grow, but its profitability to weaken. However, they disagree widely on these estimates.
ARVN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.10 | +$0.71 |
| Q2 2026 | $0.24 | +$1.25 |
| Q1 2026 | -$3.18 | -$2.52 |
| Q4 2025 | -$1.14 | +$1.63 |
| Q3 2025 | -$0.81 | +$3.86 |
| Q2 2025 | -$1.01 | +$4.16 |
| Q1 2025 | -$0.66 | +$5.27 |
| Q4 2024 | -$2.77 | +$3.73 |
ARVN is still losing money, but far less than before: $0.10 per share over the past year, against $6.50 at its worst in late 2023.
NVO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $3.89 | +4.9% |
| Q1 2026 | $4.07 | +17% |
| Q4 2025 | $3.42 | +1.8% |
| Q3 2025 | $3.47 | +10% |
| Q2 2025 | $3.71 | +24% |
| Q1 2025 | $3.49 | +18% |
| Q4 2024 | $3.36 | +21% |
| Q3 2024 | $3.15 | +27% |
NVO has the edge over ARVN on earnings quality, reporting a profit while its opponent remains loss making.
ARVN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $500K | -99% |
| Q2 2026 | $249.7M | +1015% |
| Q1 2026 | $15.6M | -92% |
| Q4 2025 | $9.5M | -84% |
| Q3 2025 | $41.9M | -59% |
| Q2 2025 | $22.4M | -71% |
| Q1 2025 | $188.8M | +646% |
| Q3 2024 | $102.4M | +196% |
ARVN's revenue is shrinking: $500,000 last quarter, down 99% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -11820% | -11716 points |
| Q2 2026 | 66% | +385 points |
| Q1 2026 | -409% | -447 points |
| Q4 2025 | -785% | -687 points |
| Q3 2025 | -105% | -46 points |
| Q2 2025 | -319% | -256 points |
| Q1 2025 | 38% | +367 points |
| Q4 2024 | -98% | N/A |
ARVN's operating margin was −11820% last quarter, down 11715 points from the same quarter a year ago, near the bottom of its range since 2019.
NVO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $11.7B | +2.1% |
| Q1 2026 | $14.4B | +24% |
| Q4 2025 | $11.8B | -7.6% |
| Q3 2025 | $11.1B | +5.1% |
| Q2 2025 | $11.4B | +13% |
| Q1 2025 | $11.6B | +19% |
| Q4 2024 | $12.7B | +30% |
| Q3 2024 | $10.6B | +21% |
NVO has the edge over ARVN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 34% | -9 points |
| Q1 2026 | 62% | +12 points |
| Q4 2025 | 40% | -2.8 points |
| Q3 2025 | 32% | -16 points |
| Q2 2025 | 44% | +5.4 points |
| Q1 2025 | 50% | +1 points |
| Q4 2024 | 43% | +2.2 points |
| Q3 2024 | 47% | +1.6 points |
NVO has the edge over ARVN on profitability, with a higher operating margin.
ARVN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$10.2M | +$49M |
| Q2 2026 | -$48.5M | +$48.1M |
| Q1 2026 | -$70.5M | +$18.8M |
| Q4 2025 | -$30.6M | +$53.8M |
| Q3 2025 | -$59.2M | +$69.5M |
| Q2 2025 | -$96.6M | -295% |
| Q1 2025 | -$89.3M | +$8.3M |
| Q4 2024 | -$84.4M | -$1.2M |
ARVN has burned cash in almost every quarter: −$160M over the past year, against −$330M the year before.
NVO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $6.3B | +73% |
| Q1 2026 | $1.8B | +20% |
| Q4 2025 | -$5.4B | -$4.7B |
| Q3 2025 | $4.6B | -2.1% |
| Q2 2025 | $3.6B | -34% |
| Q1 2025 | $1.5B | +89% |
| Q4 2024 | -$632.6M | +$390.5M |
| Q3 2024 | $4.7B | +3.3% |
NVO has the edge over ARVN on cash generation, producing positive trailing cash flow while its opponent burns cash.
ARVN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -300K shares |
| 1 year | -11% | -7.8M shares |
| 3 years | +21% | +11.3M shares |
| 5 years | +31% | +15.6M shares |
| Available history | +75% | +28.1M shares |
ARVN has the edge over NVO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $74.1M |
| Q4 2023 | — |
NVO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -12.9M shares |
| 1 year | -0.2% | -11M shares |
| 3 years | -1.5% | -66.8M shares |
| 5 years | -3.8% | -177M shares |
| Available history | -6.5% | -311M shares |
NVO has 4.4B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $520M |
| Q1 2026 | $356.7M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $206.3M |
| Q4 2024 | $1.1B |
| Q3 2024 | $357.4M |
NVO spent $877M buying back its own shares over the past year, down 48% from the year before.
ARVN Net Leverage
ARVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
NVO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.7x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
| Q3 2024 | -0.0x | Very low |
NVO's net debt is less than a year of its operating earnings (EBITDA).
ARVN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.8 | Neutral |
| Stochastic | 18.1 | Oversold |
ARVN's weekly RSI is 39 (neutral) and its Stochastic is 18 (oversold).
NVO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 27.0 | Neutral |
NVO's weekly RSI is 43 (neutral) and its Stochastic is 27 (neutral).
ARVN PE vs Healthcare Sector
| Metric | ARVN | Sector median | Relative |
|---|---|---|---|
| PE | 33x | 26x | 27% above |
ARVN has no meaningful PE right now: it lost money over the past year.
NVO PE vs Healthcare Sector
| Metric | NVO | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 26x | 60% below |
| PE % | 6 | 29 | 23 pts below |
NVO has the edge over ARVN on valuation relative to its sector.
ARVN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.26 | 5.4% below |
| 20 week MA | $8.06 | 15% below |
| 50 week MA | $9.82 | 30% below |
| 100 week MA | $10.2 | 33% below |
| 200 week MA | $19.7 | 65% below |
ARVN is in a downtrend: it's below all five of its weekly moving averages, and 65% below its 200-week average.
NVO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $39.2 | 3.7% above |
| 20 week MA | $43.9 | 7.4% below |
| 50 week MA | $45.3 | 10% below |
| 100 week MA | $56.3 | 28% below |
| 200 week MA | $80.7 | 50% below |
NVO has the edge over ARVN on trend strength, trading above more of its moving averages.
ARVN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $41.8 | $82.2 | +97% |
| 2021 | $82.2 | $81.3 | -1.2% |
| 2022 | $81.3 | $32.7 | -60% |
| 2023 | $32.7 | $41.2 | +26% |
| 2024 | $41.2 | $19.0 | -54% |
| 2025 | $19.0 | $12.2 | -36% |
| 2026 YTD | $12.2 | $6.87 | -44% |
ARVN has finished lower in four of the last six years. It's down 44% so far in 2026.
NVO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $29.1 | $34.7 | +19% |
| 2021 | $34.7 | $54.2 | +56% |
| 2022 | $54.2 | $67.0 | +24% |
| 2023 | $67.0 | $103.5 | +54% |
| 2024 | $103.5 | $87.4 | -16% |
| 2025 | $87.4 | $52.4 | -40% |
| 2026 YTD | $52.4 | $40.7 | -22% |
NVO has the edge over ARVN on returns for 2026, with the stronger performance.