
AI is about to change healthcare. These 30 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.
Labcorp Holdings appeals to shareholders who believe in the growth of precision diagnostics, technology-driven efficiencies, and diversified healthcare solutions. The recent appointment of Victor Bulto to the Board underscores Labcorp’s focus on leadership depth in the therapeutic and innovation space, but does not materially shift the company's most immediate catalyst, continued progress in launching and scaling new oncology diagnostic tests, or the biggest risk linked to regulatory and reimbursement changes impacting margins.
Of the recent announcements, the peer-reviewed publications on Labcorp Plasma Detect are the most closely tied to the company's growth narrative. These studies support Labcorp’s position in advanced, molecular-based oncology diagnostics, directly addressing demand for improved cancer monitoring solutions, a clear catalyst for future revenue opportunities, although broader adoption and reimbursement remain watchpoints.
However, investors should be aware that even with strong product innovation, the potential impact of new Medicare reimbursement rules could...
Read the full narrative on Labcorp Holdings (it's free!)
Labcorp Holdings' outlook anticipates $15.6 billion in revenue and $1.3 billion in earnings by 2028. This outcome depends on annual revenue growth of 5.1% and an earnings increase of $536.6 million from the current $763.4 million.
Uncover how Labcorp Holdings' forecasts yield a $300.12 fair value, a 11% upside to its current price.
Simply Wall St Community members provided 4 fair value estimates for Labcorp between US$200 and US$574.63. With regulatory and reimbursement shifts still looming over the sector, perspectives differ, explore a range of opinions before forming your view.
Explore 4 other fair value estimates on Labcorp Holdings - why the stock might be worth over 2x more than the current price!
Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.
Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay:
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com