ENTA
Enanta Pharmaceuticals, Inc.
ENTA has a slight edge over NVO overall on the model score.
NVO
Novo Nordisk A/S
NVO has slightly lower modeled downside risk, despite its lower overall score.
ENTA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Strong |
ENTA's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
NVO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Healthy |
NVO's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
ENTA PE Valuation
ENTA 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.
ENTA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Decline | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect ENTA's losses to shrink, with revenue declining.
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.
ENTA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$2.42 | +$1.90 |
| Q1 2026 | -$2.60 | +$1.94 |
| Q4 2025 | -$3.21 | +$1.74 |
| Q3 2025 | -$3.84 | +$1.64 |
| Q2 2025 | -$4.32 | +$1.14 |
| Q1 2025 | -$4.54 | +$1.71 |
| Q4 2024 | -$4.95 | +$1.62 |
| Q3 2024 | -$5.48 | +$0.90 |
ENTA is still losing money, but far less than before: $2.42 per share over the past year, against $6.57 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 ENTA on earnings quality, reporting a profit while its opponent remains loss making.
ENTA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $14.4M | -22% |
| Q1 2026 | $17.2M | +15% |
| Q4 2025 | $18.6M | +9.8% |
| Q3 2025 | $15.1M | +3.5% |
| Q2 2025 | $18.3M | +1.9% |
| Q1 2025 | $14.9M | -12% |
| Q4 2024 | $17M | -5.8% |
| Q3 2024 | $14.6M | -23% |
ENTA's revenue fell from its 2019 peak and has held roughly level since: $14M last quarter, down 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -120% | -17 points |
| Q1 2026 | -69% | +95 points |
| Q4 2025 | -60% | +78 points |
| Q3 2025 | -122% | +83 points |
| Q2 2025 | -103% | +31 points |
| Q1 2025 | -164% | +28 points |
| Q4 2024 | -139% | +55 points |
| Q3 2024 | -204% | -41 points |
ENTA's operating margin was −120% last quarter, down 17 points from the same quarter a year ago.
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 ENTA 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 ENTA on profitability, with a higher operating margin.
ENTA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$10M | -158% |
| Q1 2026 | -$7.2M | +$8.9M |
| Q4 2025 | -$11.8M | +$13.7M |
| Q3 2025 | -$7.9M | +$11.4M |
| Q2 2025 | $17.4M | +$38.7M |
| Q1 2025 | -$16M | +$14.2M |
| Q4 2024 | -$25.5M | +$229K |
| Q3 2024 | -$19.4M | +$3.6M |
ENTA has burned cash in almost every quarter: −$37M over the past year, against −$44M 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 ENTA on cash generation, producing positive trailing cash flow while its opponent burns cash.
ENTA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +50K shares |
| 1 year | +36% | +7.7M shares |
| 3 years | +40% | +8.4M shares |
| 5 years | +45% | +9.1M shares |
ENTA has 29M diluted shares, up 36% from a year ago.
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 the edge over ENTA on shareholder dilution, with a more favorable share count trend.
| 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.
ENTA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2020 | -5.0x | Net Cash |
| Q4 2019 | -1.1x | Net Cash |
| Q3 2019 | -1.3x | Net Cash |
ENTA has more cash than debt.
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).
ENTA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.1 | Neutral |
| Stochastic | 14.2 | Oversold |
ENTA's weekly RSI is 43 (neutral) and its Stochastic is 14 (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).
ENTA PE vs Healthcare Sector
| Metric | ENTA | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 26x | — |
ENTA 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 is trading at 10x earnings, a 60% discount to the Healthcare sector's median of 26x, though its earnings don't support one.
ENTA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.6 | 3.6% below |
| 20 week MA | $12.7 | 12% below |
| 50 week MA | $13.3 | 15% below |
| 100 week MA | $10.4 | 7.8% above |
| 200 week MA | $14.5 | 23% below |
ENTA's trend is mixed: it's above one of its five weekly moving averages, and 23% 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 bounced recently, but its long-term trend is still down: it's above its 8-week average, but 50% below its 200-week average.
ENTA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $62.5 | $42.9 | -31% |
| 2021 | $42.9 | $76.4 | +78% |
| 2022 | $76.4 | $47.1 | -38% |
| 2023 | $47.1 | $9.41 | -80% |
| 2024 | $9.41 | $6.01 | -36% |
| 2025 | $6.01 | $16.9 | +180% |
| 2026 YTD | $16.9 | $11.2 | -34% |
ENTA's yearly returns have swung widely, from +180% in 2025 to −80% in 2023. It's down 34% 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 ENTA on returns for 2026, with the stronger performance.