Netherlands' Qiagen agrees EUR 10.8 bln EQT buyout; suspends FY 2026 outlook

QIAGEN

Yesterday 22:41

Overview
Netherlands molecular diagnostics firm reports preliminary Q3 sales and adjusted EPS
Company enters business combination agreement with EQT Private Equity, valuing Qiagen at EUR 10.8 bln
Full-year 2026 outlook suspended due to pending transaction

Outlook
Company has suspended its full-year 2026 outlook while the EQT transaction is pending

Result Drivers
TRANSACTION IMPACT - Qiagen suspended its full-year 2026 outlook due to pending business combination agreement with EQT Private Equity

Company press release: ID:nEQ7jvf81a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
 
$548 mln
 
Q3 Adjusted EPS
 
$0.65
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for QIAGEN N.V. is €42.00, about 1.9% below its October 21 closing price of €42.82
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)