Labcorp Holdings Inc logo

Labcorp Holdings IncNYSE: LH

Health Care · Health Care Services

$266.04

+4.02%

Vol: 20K

Research Digest

Monday, June 15, 2026

Neutral

No significant overnight updates

No material news in the last 48 hours.

Price 50d 200d

Previous Market Intelligence

13 days
Jun 14No significant overnight updatesNeutral

No material news in the last 48 hours.

May 21Labcorp expands Epic partnership and launches MyLabcorp AI app while raising FY26 EPS guidancePositive

On May 14, Labcorp announced an expanded collaboration with Epic, embedding its full diagnostic test menu into Epic Aura platform to streamline ordering for hospitals. The company also launched MyLabcorp, an AI-powered consumer app combining test results with clinical guidance. Labcorp raised FY26 adjusted EPS guidance to $17.70-$18.35 from $17.55-$18.25, following a Q1 beat with revenue of $3.54B and EPS of $4.25 vs $4.11 estimate. Baird raised its price target to $334 from $332. The risk is concentration on hospital/health-system distribution and competition in the consumer diagnostics app space.

May 20Labcorp raises FY2026 guidance after Q1 beat while CEO sells 5,903 shares and Epic partnership expandsPositive

Labcorp announced strong Q1 2026 results with 5.8% revenue growth, 10.6% EPS growth, and margin expansion driven by Diagnostics and Biopharma Laboratory Services strength. The company raised its full-year Adjusted EPS guidance to $18.03 at midpoint, an increase of $0.13. Labcorp and Epic expanded their collaboration on May 12, 2026, deepening data interoperability. On May 11, CEO Adam Schechter sold 5,903 shares while iA Global Asset Management purchased 7,609 shares. Baird raised the price target to $334 from $332 on May 1. The company declared a $0.72 quarterly dividend payable June 11. Stock closed at $255.57 recently, with consensus price target of $311.33 and average Buy rating from 9 analysts.

May 19No significant overnight updatesNeutral

No material news in the last 48 hours.

May 18Labcorp expanded Epic partnership on May 14 to embed its full diagnostic test menu into Epic's Aura platform and Baird raised its PT to $334.Positive

On May 14, 2026, Labcorp announced an expanded collaboration with Epic, embedding its full diagnostic test menu into Epic's Aura platform to simplify hospital and health system ordering. The company also launched MyLabcorp, an AI-powered mobile app combining test results with clinical guidance. Q1 2026 results showed revenue of $3.54B (up from $3.35B) and diluted EPS of $3.35 vs. $2.52 a year ago, with full-year adjusted EPS guidance raised. Baird raised its price target to $334 (from $332); Evercore ISI reiterated Buy on May 1. LH closed at $255.08 on May 11 with a market cap of $20.92B, with average analyst PT of $310.06.

May 15Labcorp raised FY26 adjusted EPS view to $17.70-$18.35 after Q1 beat, expanded its Epic Aura partnership for diagnostic ordering, and rolled out PD-L1 22C3 companion diagnostic for KEYTRUDA in ovarian cancer.Positive

Labcorp Holdings has been on a positive run in early-to-mid May 2026. Q1 2026 revenue rose 7.2% to $3.54B (or $13.95B trailing) with diluted EPS of $3.35 vs $2.52 prior year, and management raised FY26 adjusted EPS guidance to $17.70-$18.35 from $17.55-$18.25. The company expanded its collaboration with Epic, embedding its full diagnostic test menu into Epic's Aura platform for streamlined ordering by hospitals and health systems. Labcorp also rolled out the PD-L1 IHC 22C3 pharmDx companion diagnostic for Merck's KEYTRUDA in platinum-resistant ovarian cancer nationwide and is launching the AI-powered MyLabcorp app this month. Baird raised PT to $334 from $332. Shares traded near $254.85 on May 14. Risk: payer reimbursement pressure and ramp risk in oncology specialty mix.

May 14Labcorp CEO Adam Schechter sold 5,903 shares on May 11 after Q1 beat and raised FY26 EPS guide to $17.70-$18.35Positive

On May 11, 2026, Labcorp CEO Adam Schechter sold 5,903 shares of LH stock. Q1 2026 revenue grew 6% YoY to $3.54B (vs $3.51B est) with adjusted EPS of $4.25 beating $4.12 consensus; FY26 adjusted EPS guidance raised to $17.70-$18.35 from prior $17.55-$18.25 and revenue guidance of $14.7-$14.8B. The company is launching MyLabcorp, an AI-powered consumer mobile app, and rolled out nationwide sales of Agilent PD-L1 IHC 22C3 PharmDx companion diagnostic for ovarian cancer. Baird raised PT to $334 (May 1); Evercore ISI maintained Buy. Stock around $258 on May 9. Risk: insider selling and biopharma research budget cycles.

May 13Labcorp announced May 12 expanded Epic collaboration making full test menu available through Aura unified ordering platform; Baird raised PT to $334 from $332.Positive

On May 12, 2026, Labcorp announced an expanded collaboration with Epic, with Labcorp's full test menu now available through Aura, Epic's unified platform for ordering and receiving lab results. On May 1, Baird raised the price target to $334 from $332, and Evercore ISI maintained its Buy rating. Q1 2026 (reported April 30) delivered revenue of $3.54B (+5.8% YoY) and adjusted EPS of $4.25. The company raised FY26 adjusted EPS guidance to $17.70-$18.35 from $17.55-$18.25. Labcorp stock closed at $255.08 on May 11.

May 12Labcorp raised FY26 adjusted EPS guidance to $17.70-$18.35 after Q1 revenue of $3.54B (+6%) beat consensus; launched MyLabcorp AI-powered mobile app and Baird raised PT to $334 from $332 on May 1.Positive

Labcorp reported Q1 2026 revenue of $3.54B (+6% YoY) beating $3.51B consensus, with adjusted EPS of $4.25 reflecting double-digit growth. The company raised full-year 2026 adjusted EPS guidance to $17.70-$18.35 (midpoint ~10% growth) and free cash flow guidance to $1.24-$1.36B. Labcorp launched MyLabcorp, an AI-powered mobile app for test results and health data, in May. Growth came from specialty testing in neurology and oncology, plus acquired lab integration. CEO Adam Schechter highlighted Children's Hospital of Philadelphia collaboration and new Alzheimer's/liquid biopsy diagnostics. Baird raised PT to $334 (from $332) and Evercore ISI maintained Buy on May 1.

May 11Labcorp raises FY26 EPS guide to $17.70-$18.35 on Q1 beat; launches MyLabcorp AI app and Children's Hospital of Philadelphia collabMixed

Labcorp Q1 2026 revenue rose 5.8% YoY to $3.54B with adjusted EPS of $4.25 driven by Diagnostics and Biopharma growth, specialty testing in neurology and oncology, and strategic partnerships. FY26 adjusted EPS guidance was raised to $17.70-$18.35 (midpoint +10%), with FCF guide $1.24B-$1.36B. The company is launching MyLabcorp, an AI-powered mobile health app, in May. CEO Adam Schechter highlighted a national collaboration with Children's Hospital of Philadelphia and new Alzheimer's/liquid biopsy tests. Baird raised PT to $334 from $332 on May 1; Evercore ISI kept Buy on May 5. The stock had a 9-day losing streak through early May, shedding 7.5% and about $1.7B in market cap.

May 8LabCorp reported strong Q1 2026 revenue of $3.54B with 5.8% growth and 10.6% EPS growth, plus strategic AI and oncology testing partnerships.Positive

LabCorp delivered Q1 2026 revenue of $3.54B (5.8% growth) with 10.6% EPS growth and margin expansion, driven by Diagnostics/BLS performance, specialty testing, and strategic partnerships. Company launched AI-powered real-world data platform with AWS and announced Fentanyl Urine Visual Test. Expanded collaboration with Illumina broadening oncology testing access. Secured $750M term loan in March 2026 and declared quarterly dividend. Baird raised PT to $334 from $332 (May 1). Barclays assigned Hold rating (May 1). Stock up 21.87% over past year with next earnings report July 23, 2026.

May 7Labcorp Holdings reported Q1 2026 revenue of $3.54B (+5.8% YoY) and adjusted EPS of $4.25, with expanded oncology testing rollout and new AI real-world data platform.Positive

Labcorp Holdings delivered Q1 2026 results on May 5-6, 2026, with $3.54B revenue (+5.8% YoY) driven by specialty testing and strategic acquisitions, plus adjusted EPS of $4.25. The company announced nationwide rollout of PD-L1 IHC 22C3 companion diagnostic for KEYTRUDA ovarian cancer treatment, strengthening its oncology portfolio. Labcorp launched an AI-powered real-world data platform with AWS in April. The company secured a new $750M term loan. Baird raised price target to $334 from $332 on May 1, 2026.

May 6Labcorp raises full-year 2026 EPS guidance to $18.03 midpoint after strong Q1 results beatPositive

Labcorp Holdings reported Q1 2026 revenue of $3,537.6 million, up 5.8% from 2025 with diluted EPS increasing to $3.35 from $2.52. The company raised full-year Adjusted EPS guidance by $0.13 to $18.03 midpoint. Strategic partnerships with Children's Hospital of Philadelphia and Illumina announced to expand oncology and pediatric diagnostics. Biopharma lab services revenue grew 8.2% and diagnostics 5%.

Sector Peers

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CVSCVS$100.24+7.41%-2.8%11.2x0.59$119.1B
CITHE$297.19+5.38%-1.6%8.4x0.31$74.6B
DGXQUEST$202.65+4.55%+2.1%16.6x0.59$21.5B
LHLABCORP$266.04+4.02%+0.1%13.2x0.88$21.0B
DVADAVITA$205.47+3.43%-0.4%11.6x0.84$12.8B
LLYELI$1,119.42+7.47%+5.4%23.4x0.48$928.9B

Key Fundamentals

Market Cap$21.0B
P/E (TTM)22.6
Forward P/E13.2
Beta0.88
Div Yield112.00%
Prev Close$255.75

RSI (14-Day)

40Neutral
0305070100

52-Week Range

$239.75$266.04$293.72
From High-9.4%
From Low+11.0%

Moving Averages

50d SMA
$264.39+0.6%
200d SMA
$267.74-0.6%

Price below 200d MA — bearish structure.

Historical Returns

1W
+4.7%
1M
-0.1%
3M
-5.6%
6M
+0.5%
1Y
+10.9%
YTD
+6.0%

Volume

Today20K
20d Avg576K
Ratio0.03x