Labcorp Holdings Inc. · LH · FY2024 Q4 · Calendar Q1 2025
Labcorp outlines growth plan amid acquisition and integration risks
The supplied analysis supports a constructive operating thesis for Labcorp: organic diagnostics demand, esoteric testing, acquisitions and cost savings underpin growth plans, but execution and regulatory risks could temper the benefit.
Earnings scorecard
Reported versus consensusMarket reaction
prior-close to event-session closeAsk FN2 about LH FY2024 Q4
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Transcript intelligence
What changed
The current analysis describes a strong Q4 with growth driven by organic demand and acquisitions, adds the Plasma Detect and Global Trial Connect initiatives, and outlines continued acquisition activity alongside the planned Forteo Holdings spin-off.
Guidance delta
Management maintained guidance; the analysis cites 2025 revenue growth of 6.7%–8%, adjusted EPS of $15.60–$16.40, and free cash flow of $1.1–$1.25 billion.
Key takeaways
- Q4 revenue grew 10% year over year, according to the transcript analysis.
- Management highlighted esoteric testing, acquisitions and hospital partnerships as growth drivers.
- LaunchPad savings and 2025 guidance support a constructive outlook, while Invitae integration and regulation remain watch items.
Management priorities
- Launch Plasma Detect MRD in 2025 and broaden Global Trial Connect.
- Continue acquiring hospital and regional laboratory assets.
- Pursue cost savings while continuing share repurchases and dividends.
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Analyst 52W Price Targets
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 19, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Truist Securities | Buy | Buy | Maintain | Sep 21, 2026 |
| UBS | Buy | Buy | Maintain | Sep 11, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Sep 11, 2026 |
| Piper Sandler | Neutral | Neutral | Maintain | Aug 4, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Aug 3, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Jul 31, 2026 |
| Baird | Outperform | Outperform | Maintain | Jul 13, 2026 |
| B of A Securities | Buy | Buy | Maintain | Jul 13, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Apr 8, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Oct 17, 2025 |
| Citigroup | Buy | Neutral | Upgrade | Mar 4, 2025 |
| Jefferies | Buy | Buy | Maintain | Feb 6, 2025 |
| HSBC | Buy | Hold | Upgrade | Oct 30, 2024 |
| Deutsche Bank | Hold | Hold | Maintain | Aug 2, 2024 |
| Argus Research | Buy | Hold | Upgrade | Mar 25, 2024 |
| Wells Fargo | Overweight | Overweight | Maintain | Aug 14, 2023 |
| Credit Suisse | Outperform | Outperform | Maintain | Aug 2, 2023 |
| Wolfe Research | Outperform | Peer Perform | Upgrade | Jul 13, 2020 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | May 21, 2020 |
| KeyBanc | Overweight | Overweight | Maintain | Mar 30, 2020 |
| Bank of America | Neutral | Underperform | Upgrade | Jul 16, 2019 |
| Canaccord Genuity | Hold | Hold | Maintain | May 2, 2019 |
| Goldman Sachs | Buy | Conviction Buy | Downgrade | Nov 30, 2018 |
| Argus | Hold | Buy | Downgrade | Oct 30, 2018 |
| JMP Securities | Outperform | Market Outperform | Maintain | Mar 27, 2015 |
| Maxim Group | Buy | Buy | Maintain | Mar 24, 2015 |
| PiperJaffray | Overweight | Neutral | Upgrade | Feb 23, 2015 |
| Raymond James | Outperform | Underperform | Upgrade | Jan 2, 2015 |
| FBR Capital | Market Perform | Market Perform | Maintain | Oct 28, 2014 |
| William Blair | Outperform | Market Perform | Upgrade | Jul 17, 2014 |
| Cantor Fitzgerald | Buy | Buy | Maintain | May 9, 2014 |
| ISI Group | Neutral | Neutral | Maintain | Nov 19, 2013 |
| Craig-Hallum | Buy | Buy | Maintain | Aug 28, 2013 |
| Oppenheimer | Perform | Perform | Maintain | Jan 28, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $317.95. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Truist Financial | David MacDonald | $365 | $320.71 | +14.8% | Sep 21, 2026 |
| UBS | Kevin Caliendo | $380 | $307.42 | +19.5% | Sep 11, 2026 |
| Barclays | Analyst unavailable | $330 | $306.96 | +3.8% | Sep 11, 2026 |
| Mizuho Securities | Ann Hynes | $355 | $319.17 | +11.7% | Aug 10, 2026 |
| Morgan Stanley | Analyst unavailable | $338 | $308.64 | +6.3% | Jul 31, 2026 |
| Deutsche Bank | Analyst unavailable | $306 | $308.7 | -3.8% | Jul 31, 2026 |
| Robert W. Baird | Analyst unavailable | $352 | $315.53 | +10.7% | Jul 31, 2026 |
| Barclays | Analyst unavailable | $320 | $315.82 | +0.6% | Jul 30, 2026 |
| Robert W. Baird | Eric Coldwell | $334 | $255.97 | +5.0% | May 1, 2026 |
| Evercore ISI | Analyst unavailable | $300 | $274.72 | -5.6% | Apr 8, 2026 |
| Piper Sandler | David Westenberg | $300 | $285.3 | -5.6% | Feb 24, 2026 |
| Robert W. Baird | Analyst unavailable | $326 | $276.67 | +2.5% | Feb 18, 2026 |
| Robert W. Baird | Analyst unavailable | $313 | $259.18 | -1.6% | Jan 14, 2026 |
| UBS | Kevin Caliendo | $320 | $253.74 | +0.6% | Oct 29, 2025 |
| Robert W. Baird | Analyst unavailable | $304 | $259.69 | -4.4% | Oct 29, 2025 |
| Leerink Partners | Michael Cherny | $342 | $261.62 | +7.6% | Oct 28, 2025 |
| UBS | Analyst unavailable | $325 | $285.93 | +2.2% | Oct 17, 2025 |
| Mizuho Securities | Ann Hynes | $320 | $283.71 | +0.6% | Oct 17, 2025 |
| Truist Financial | Analyst unavailable | $320 | $278.42 | +0.6% | Oct 14, 2025 |
| Evercore ISI | Analyst unavailable | $305 | $279.44 | -4.1% | Oct 3, 2025 |
| Barclays | Analyst unavailable | $290 | $279.06 | -8.8% | Oct 2, 2025 |
| Robert W. Baird | Analyst unavailable | $311 | $276.11 | -2.2% | Aug 25, 2025 |
| UBS | Kevin Caliendo | $305 | $264.96 | -4.1% | Jul 25, 2025 |
| Barclays | Analyst unavailable | $275 | $258.7 | -13.5% | Jun 25, 2025 |
| Barclays | Luke Sergott | $271 | $247.86 | -14.8% | Feb 3, 2025 |
| Evercore ISI | Elizabeth Anderson | $240 | $224.72 | -24.5% | Sep 24, 2024 |
| Jefferies | Brian Tanquilut | $265 | $222.22 | -16.7% | Sep 23, 2024 |
| Bank of America Securities | Michael Ryskin | $260 | $236 | -18.2% | Aug 5, 2024 |
| Robert W. Baird | Eric Coldwell | $277 | $235.67 | -12.9% | Aug 2, 2024 |
| Argus Research | David Toung | $250 | $212.5 | -21.4% | Mar 25, 2024 |
| Morgan Stanley | Analyst unavailable | $303 | $241.42 | -4.7% | Jan 6, 2023 |
| Credit Suisse | Analyst unavailable | $305 | $238 | -4.1% | Nov 23, 2022 |
| Mizuho Securities | Analyst unavailable | $296 | $254.72 | -6.9% | Jul 29, 2022 |
| Deutsche Bank | Analyst unavailable | $265 | $245.45 | -16.7% | May 3, 2022 |
| Credit Suisse | Analyst unavailable | $312 | $240.28 | -1.9% | May 2, 2022 |
| Wells Fargo | Analyst unavailable | $315 | $266.12 | -0.9% | Apr 25, 2022 |
| Bank of America Securities | Derik de Bruin | $370 | $276.26 | +16.4% | Feb 11, 2022 |
| Deutsche Bank | Pito Chickering | $294 | $270.08 | -7.5% | Jan 28, 2022 |
| Truist Financial | David S Macdonald | $350 | $296.15 | +10.1% | Jul 30, 2021 |
| Argus Research | Jasper Hellweg | $295 | $269.61 | -7.2% | May 20, 2021 |
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Start freeCompany context
Snapshot as of publicationLabcorp Holdings, Inc. offers vital diagnostic laboratory services, enabling medical professionals, healthcare facilities, pharmaceutical firms, scientific investigators, and patients to make well-informed and confident choices. The company commenced operations on April 16, 2024, and its main office is situated in Burlington, NC.
Historical context
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-01-23T00:02:36.799981+00:00
- Polygon adjusted daily market bars · 2026-10-19T01:00:43.924832+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-19T01:00:43.922079+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-19. For educational purposes only; not investment advice.