TECH Stock - Bio-Techne Corporation
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.22B | $1.16B | $1.14B | $1.11B | $931.03M |
| Gross Profit | $790.27M | $769.73M | $769.82M | $756.50M | $632.85M |
| Gross Margin | 64.8% | 66.4% | 67.7% | 68.4% | 68.0% |
| Operating Income | $102.25M | $206.69M | $298.94M | $296.59M | $237.30M |
| Net Income | $73.40M | $168.10M | $285.26M | $272.05M | $140.41M |
| Net Margin | 6.0% | 14.5% | 25.1% | 24.6% | 15.1% |
| EPS | $0.47 | $1.07 | $1.81 | $1.73 | $0.91 |
Bio-Techne Corporation, together with its subsidiaries, develops, manufactures, and sells life science reagents, instruments, and services for the research and clinical diagnostic markets worldwide. The company operates through two segments, Protein Sciences, and Diagnostics and Genomics. The Protein Sciences segment develops and manufactures biological reagents used in various aspects of life science research, diagnostics, and cell and gene therapy, such as cytokines and growth factors, antibodies, small molecules, tissue culture sera, and cell selection technologies. This segment also offers proteomic analytical tools for automated western blot and multiplexed ELISA workflow consists of manual and automated protein analysis instruments and immunoassays for use in quantifying proteins in various biological fluids. The Diagnostics and Genomics segment develops and manufactures diagnostic products, including controls, calibrators, and diagnostic assays for regulated diagnostics market, exosome-based molecular diagnostic assays, advanced tissue-based in-situ hybridization assays for spatial genomic and tissue biopsy analysis, and genetic and oncology kits for research and clinical applications; and sells products for genetic carrier screening, oncology diagnostics, molecular controls, and research, as well as instruments and process control products for hematology, blood chemistry and gases, and coagulation controls and reagents used in various diagnostic applications. It offers its products under R&D Systems, Tocris Biosciences, Novus Biologicals, ProteinSimple, Advanced Cell Diagnostics, Exosome Diagnostics, and Asuragen brands. The company was formerly known as Techne Corporation and changed its name to Bio-Techne Corporation in November 2014. Bio-Techne Corporation was founded in 1976 and is headquartered in Minneapolis, Minnesota.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 3rd 2025 | RBC Capital Mkts | Upgrade | Outperform | $73 |
| August 21st 2025 | Citigroup | Upgrade | Buy | $70 |
| July 22nd 2025 | Stephens | Resumed | Overweight | $65 |
| July 9th 2025 | TD Cowen | Initiation | Buy | $65 |
| May 30th 2025 | Wells Fargo | Initiation | Overweight | $59 |
| April 9th 2025 | KeyBanc Capital Markets | Downgrade | Sector Weight | - |
| March 18th 2025 | Evercore ISI | Initiation | Outperform | $75 |
| February 19th 2025 | Robert W. Baird | Downgrade | Neutral | $68← $88 |
| May 22nd 2024 | Citigroup | Downgrade | Neutral | $85 |
| February 8th 2024 | Scotiabank | Initiation | Sector Outperform | $80 |
| February 2nd 2024 | Stifel | Downgrade | Hold | $65 |
| December 7th 2023 | UBS | Initiation | Buy | $80 |
| August 28th 2023 | William Blair | Initiation | Outperform | - |
| January 10th 2023 | Wells Fargo | Upgrade | Equal Weight | $90 |
| December 14th 2022 | Deutsche Bank | Initiation | Buy | $100 |
Earnings History & Surprises
TECHEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 4, 2026 | $0.43 | — | — | — |
Q4 2025 | Nov 5, 2025 | $0.42 | $0.42 | -0.3% | ✗ MISS |
Q3 2025 | Aug 6, 2025 | $0.50 | $0.53 | +6.0% | ✓ BEAT |
Q2 2025 | May 7, 2025 | $0.51 | $0.56 | +9.8% | ✓ BEAT |
Q1 2025 | Feb 5, 2025 | $0.38 | $0.42 | +10.5% | ✓ BEAT |
Q4 2024 | Oct 30, 2024 | $0.38 | $0.42 | +10.5% | ✓ BEAT |
Q3 2024 | Aug 7, 2024 | $0.49 | $0.49 | -1.0% | ✗ MISS |
Q2 2024 | May 1, 2024 | $0.46 | $0.48 | +4.3% | ✓ BEAT |
Q1 2024 | Feb 1, 2024 | $0.42 | $0.40 | -4.8% | ✗ MISS |
Q4 2023 | Oct 31, 2023 | $0.44 | $0.41 | -6.8% | ✗ MISS |
Q3 2023 | Aug 8, 2023 | $0.55 | $0.55 | 0.0% | = MET |
Q2 2023 | May 3, 2023 | $0.53 | $0.53 | 0.0% | = MET |
Q1 2023 | Feb 2, 2023 | $0.49 | $0.47 | -4.1% | ✗ MISS |
Q4 2022 | Nov 1, 2022 | $0.59 | $0.45 | -23.7% | ✗ MISS |
Q3 2022 | Aug 4, 2022 | $0.52 | $0.51 | -1.9% | ✗ MISS |
Q2 2022 | May 4, 2022 | $0.50 | $0.54 | +8.0% | ✓ BEAT |
Q1 2022 | Feb 1, 2022 | $0.45 | $0.47 | +4.4% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $0.43 | $0.46 | +7.0% | ✓ BEAT |
Q3 2021 | Aug 5, 2021 | $0.42 | $0.47 | +11.9% | ✓ BEAT |
Latest News
Bio-Techne's Lunaphore Collaborates With Wyss Center For Bio And Neuroengineering To Develop Automated Workflow For Simultaneous RNA And Protein Detection In 3D Specimens
📈 PositiveBio-Techne Announces Expanded Launch And First Shipment Of Its Next-Gen Leo System, Powered By Simple Western Technology
📈 PositiveArgus Research Maintains Buy on Bio-Techne, Raises Price Target to $68
📈 PositiveBio-Techne Licenses AI-Designed NovoBody Duo Molecules From Monod Bio To Expand Recombinant Protein Portfolio And Advance AI-Enabled Precision Medicine
📈 PositiveUBS Maintains Buy on Bio-Techne, Raises Price Target to $70
📈 PositiveWells Fargo Maintains Overweight on Bio-Techne, Raises Price Target to $70
📈 PositiveBio-Techne shares are trading lower after the company reported worse-than-expected Q1 sales results.
📉 NegativeBio-Techne Q1 Adj. EPS $0.42, Inline, Sales $286.555M Miss $290.867M Estimate
➖ NeutralTD Cowen Maintains Buy on Bio-Techne, Raises Price Target to $70
📈 PositiveBio-Techne And Oxford Nanopore Expand Collaboration Through 2032 Granting Bio-Techne Broader Rights To Develop Genetics Products Beyond AmplideX Nanopore Carrier Plus Kit
📈 PositiveBio-Techne, Oxford Nanopore Technologies Expand Agreement To Develop Portfolio Of Genetics Products Beyond AmplideX Nanopore Carrier Plus Kit
📈 PositiveEvercore ISI Group Maintains Outperform on Bio-Techne, Raises Price Target to $72
📈 PositiveBio-Techne Advances Spatial Biology Portfolio For RNAscope ISH Technology And Lunaphore COMET
📈 PositiveRBC Capital Upgrades Bio-Techne to Outperform, Raises Price Target to $73
📈 PositiveCitigroup Upgrades Bio-Techne to Buy, Raises Price Target to $70
📈 PositiveFrequently Asked Questions about TECH
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