QGEN Qiagen N.V. — QuoTrend

Analyst Ratings

Date	Action	Analyst	Rating	Target
May-18-26	Reiterated	Stifel Nicolaus	Hold	$50 → $36
Apr-30-26	Reiterated	Deutsche Bank	Buy	$54 → $43
Apr-29-26	Reiterated	Robert W. Baird		$53 → $43
Apr-29-26	Reiterated	Barclays	Equal Weight	$44 → $38
Apr-29-26	Upgrade	Baird	Neutral → Outperform
Apr-14-26	Downgrade	Barclays	Overweight → Equal Weight	$58 → $44
Mar-13-26	Upgrade	Deutsche Bank	Hold → Buy
Feb-09-26	Reiterated	UBS	Neutral	$50 → $52
Feb-06-26	Reiterated	Robert W. Baird		$48 → $53
Feb-06-26	Reiterated	Stifel Nicolaus	Hold	$45 → $50

Financial Statements

DataTimeframe

Line Item (USD, M)		TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023	FY 2022 12/31/2022	FY 2021 12/31/2021	FY 2020 12/31/2020	FY 2019 12/31/2019	FY 2018 12/31/2018
Total Revenue		2,099	2,090	1,978	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A		806	799	1,011
Gross Profit		1,292	1,291	967
Selling, General and Administrative Excl. Other		588	584	564
Research and Development		192	188	193
Other Operating Expense		-10	-1	113
Operating Income		522	520	98
Interest Expense		37	33	44
Unusual Expense		—	—	—
Non-Operating Income (Expense)		28	-3	-67
Net Income Before Taxes		457	490	121
Income Taxes		55	65	38
Consolidated Net Income		402	425	84
Net Income From Continuing Operations		402	425	84
Net Income		402	425	84
EPS (Recurring)		1.89	2.04	0.39
EPS (Basic, Before Extraordinaries)		1.89	2.04	0.39
EPS (Diluted)		1.89	2.04	0.38
EBITDA		778	717	368
Other After Tax Adjustments		—	—	—
Stock Option Compensation Expense		—	—	—
Price To Earnings Ratio		19.55	23.21	—
Price To Sales Ratio		3.64	4.71	—
Gross Margin		61.55	61.77	48.89
Operating Margin		24.87	24.88	4.95
Net Margin		19.15	20.33	4.25
Shares Outstanding		207	208	216
Market Capitalization		7,649	9,847	—
Operating Lease Expense		—	—	—