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To invest in bioMérieux, you need to believe its diagnostic platforms can keep expanding into higher-value, faster-turning niches while managing competition and contract churn in core BIOFIRE systems. The equine endocrinology launch modestly supports this by showcasing how the company can reuse human point of care know-how in veterinary markets, but it does not materially change the near term focus on BIOFIRE placement volatility and expiring pandemic era contracts.
The recent FDA 510(k) clearance and CLIA waiver for the BIOFIRE SPOTFIRE R/ST Panel Mini using anterior nasal swabs is more central to the current investment story, because it directly targets the U.S. respiratory segment where competitive pressure and pricing remain key risks. In that context, the new equine tests highlight how bioMérieux is trying to diversify its diagnostic footprint while its flagship point of care platforms continue to face...
Read the full narrative on bioMérieux (it's free!)
bioMérieux's narrative projects €4.9 billion revenue and €648.5 million earnings by 2028. This requires 7.1% yearly revenue growth and a €216.3 million earnings increase from €432.2 million today.
Uncover how bioMérieux's forecasts yield a €125.25 fair value, a 18% upside to its current price.
Three members of the Simply Wall St Community currently see fair value for bioMérieux between €96.03 and €125.25, underlining how far opinions can diverge. You may want to weigh those views against the risk that heightened competition in U.S. respiratory testing could pressure BIOFIRE margins and influence how the company funds further innovation.
Explore 3 other fair value estimates on bioMérieux - why the stock might be worth as much as 18% more than the current price!
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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.
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