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Neogen CorporationNasdaqGS:NEOG Stock Report

Market Cap US$2.0b
Share Price
US$9.01
US$12
24.9% undervalued intrinsic discount
1Y78.4%
7D-5.4%
Portfolio Value
View

Neogen Corporation

NasdaqGS:NEOG Stock Report

Market Cap: US$2.0b

Neogen (NEOG) Stock Overview

Develops, manufactures, and markets various products and services for food and animal safety in the United States and internationally. More details

NEOG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

NEOG Community Fair Values

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Neogen Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Neogen
Historical stock prices
Current Share PriceUS$9.01
52 Week HighUS$11.43
52 Week LowUS$4.53
Beta1.97
1 Month Change1.12%
3 Month Change-11.75%
1 Year Change78.42%
3 Year Change-48.43%
5 Year Change-80.74%
Change since IPO3,425.59%

Recent News & Updates

Recent updates

NEOG: Recall Response And Updated 2026 Guidance Will Support Future Upside

Analysts have raised their price target on Neogen from $11.67 to $12.00, citing updated assumptions around discount rates, revenue trends, profit margins, and a higher future P/E of 32.21 compared with 28.61 previously. What's in the News Neogen updated full fiscal year 2026 guidance, indicating expected revenue in a range of $857 million to $860 million, compared with prior guidance of $845 million to $855 million (corporate guidance).

NEOG: Earnings Outlook Will Benefit From Recall Actions And New Guidance

Analysts have raised their price target on Neogen from $8.17 to $11.67 per share, citing updated assumptions related to the discount rate, revenue growth, profit margins, and a higher future P/E multiple. What's in the News Neogen is voluntarily recalling all lots within expiry of Neogen Vet HYCOAT Hyaluronate Sodium Sterile Solution for dogs, cats, and horses at the veterinarian level due to microbial contamination identified in certain 10 mL / 50 mg vials.

NEOG: Recall Resolution Will Shape Bullish View On 2026 Revenue Outlook

Analysts have kept Neogen's price target steady at $13.00, indicating only minor adjustments in assumptions for discount rate, revenue growth, profit margin, and future P/E that do not materially change their overall view of the stock's valuation. What's in the News Neogen is voluntarily recalling all lots of Neogen Vet HYCOAT Hyaluronate Sodium Sterile Solution for dogs, cats, and horses at the veterinarian level due to microbial contamination identified in certain 10 mL / 50 mg vials, and is extending the recall to 2 mL / 20 mg vials while its investigation continues (Key Developments).

NEOG: 2026 Outlook Will Rely On Recall Resolution For Upside

Analysts are holding Neogen's fair value estimate at $13.00 while modestly adjusting their assumptions around the discount rate, long term revenue trends, profit margins, and future P/E. This reflects updated views on the company’s risk profile and earnings potential without changing the overall price target level.

NEOG: 2026 Revenue Outlook Will Support Continued Bullish Thesis

Analysts have maintained Neogen's price target at $13.00, noting that only minor adjustments to assumptions around discount rate, revenue growth, profit margins, and future P/E were made, which do not materially change their valuation view. What's in the News Neogen is voluntarily recalling all lots of Neogen Vet HYCOAT Hyaluronate Sodium Sterile Solution for dogs, cats, and horses at the veterinarian level, after microbial contamination was identified in certain 10 mL/50 mg vials used via intraarticular injection, which is inconsistent with the product's labeled use (Key Developments).

Neogen Corporation Could Re-Rate As 3M Food Safety Integration Improves

Feb 16

NEOG: Higher Forward P/E And 2026 Outlook Will Support Bullish Thesis

Analysts have raised their price target on Neogen by an implied $3 per share, pointing to adjustments in fair value, discount rate, revenue growth expectations, profit margin assumptions, and a higher forward P/E multiple as the key drivers behind the change. What's in the News Neogen is voluntarily recalling all lots within expiry of Neogen Vet HYCOAT Hyaluronate Sodium Sterile Solution for dogs, cats, and horses at the veterinarian level due to microbial contamination identified in certain 10 mL/50 mg vials, with an expanded recall to 2 mL/20 mg vials while the investigation continues (Key Developments).

Improved Revenues Required Before Neogen Corporation (NASDAQ:NEOG) Stock's 46% Jump Looks Justified

Feb 02
Improved Revenues Required Before Neogen Corporation (NASDAQ:NEOG) Stock's 46% Jump Looks Justified

NEOG: Future CFO Transition And 2026 Guidance Will Support Measured Outlook

Analysts have raised their fair value estimate for Neogen from US$6.50 to US$10.00, reflecting updated assumptions regarding discount rates, revenue trends, profit margins and a higher future P/E multiple. What's in the News Neogen issued earnings guidance for fiscal 2026, with revenue anticipated in the range of US$845 million to US$855 million, giving investors a sense of management’s current expectations for the business (Key Developments).

NEOG: New CFO Appointment Will Support Confidence In Earnings Outlook

Analysts now place a higher implied value on Neogen, lifting their fair value estimate from US$8.00 to US$10.00, citing updated assumptions around discount rates, revenue trends, profit margins, and a richer future P/E multiple. What's in the News Neogen appointed Bryan Riggsbee as Chief Financial Officer, effective November 3, 2025.

Neogen Corporation (NASDAQ:NEOG) Shares Fly 34% But Investors Aren't Buying For Growth

Dec 19
Neogen Corporation (NASDAQ:NEOG) Shares Fly 34% But Investors Aren't Buying For Growth

NEOG: Future CFO Transition And Guidance Stability Will Support Measured Outlook

Analysts have raised their price target on Neogen from approximately $5.00 to $6.50 per share, citing a slightly lower discount rate, modestly improved revenue trajectory, better profit margin expectations, and a willingness to assign a higher future P/E multiple. What's in the News Neogen appointed Bryan Riggsbee as Chief Financial Officer effective November 3, 2025, with outgoing CFO David Naemura supporting the transition through year end.

NEOG: CFO Transition And Alliance Renewal Will Support Future Earnings

Analysts have modestly raised their price target on Neogen by about $0.20 per share, citing a slightly higher assumed discount rate and marginally richer future valuation multiples that together offset minor tweaks to long term growth and margin expectations. What's in the News Reaffirmed fiscal 2026 earnings guidance, maintaining full-year revenue expectations of $820 million to $840 million (company guidance).

NEOG: Profit Margin Expansion And CFO Transition Will Drive Earnings Potential

Analysts have raised their price target for Neogen modestly, citing improved profit margin projections and a slightly lower expected future price-to-earnings ratio as key factors behind the adjustment. What's in the News Neogen appointed Bryan Riggsbee as its new Chief Financial Officer, effective November 3, 2025.

NEOG: Rising Profit Margins And New Partnerships Will Drive Future Expansion

Narrative Update: Neogen Analyst Price Target Revised Analysts have slightly raised their price target for Neogen, citing improvements in expected profit margins and a modest decline in projected future valuation multiples. This has resulted in a new estimated fair value of $8.17 per share.

Food Safety Testing Advances Will Expand Global Opportunities

Neogen's analyst target price has risen from $7.67 to $8.17, as analysts point to improved revenue growth projections alongside a reduced discount rate, both supporting a higher valuation. What's in the News Neogen introduced Molecular Detection Assay: Listeria Right Now, a rapid, enrichment-free tool for detecting Listeria species with results in about two hours and streamlined workflow benefits (Product-Related Announcements).

Food Safety Testing Advances Will Expand Global Opportunities

Analysts have raised their price target for Neogen from $6.50 to $7.67, citing a slightly lower discount rate and forward profit expectations. Revenue growth projections remain stable.

Is Neogen (NASDAQ:NEOG) Using Too Much Debt?

Jul 10
Is Neogen (NASDAQ:NEOG) Using Too Much Debt?
User avatar

Food Safety And Genomics Will Expand Global Markets

Resilient core businesses, strategic divestitures, and efficiency initiatives are expected to stabilize revenue and expand margins as macro and operational conditions improve.

Improved Revenues Required Before Neogen Corporation (NASDAQ:NEOG) Stock's 33% Jump Looks Justified

May 16
Improved Revenues Required Before Neogen Corporation (NASDAQ:NEOG) Stock's 33% Jump Looks Justified

Neogen: A Fair Divestment (Rating Upgrade)

Apr 23

Here's Why Neogen (NASDAQ:NEOG) Is Weighed Down By Its Debt Load

Apr 11
Here's Why Neogen (NASDAQ:NEOG) Is Weighed Down By Its Debt Load

Neogen: Food Safety Play Is Far From A Safe Pay

Jan 14

Risks To Shareholder Returns Are Elevated At These Prices For Neogen Corporation (NASDAQ:NEOG)

Dec 03
Risks To Shareholder Returns Are Elevated At These Prices For Neogen Corporation (NASDAQ:NEOG)

Does Neogen (NASDAQ:NEOG) Have A Healthy Balance Sheet?

Nov 07
Does Neogen (NASDAQ:NEOG) Have A Healthy Balance Sheet?

Neogen Stock: Expect Volatility To Continue Amid Weak Growth

Oct 11

Risks To Shareholder Returns Are Elevated At These Prices For Neogen Corporation (NASDAQ:NEOG)

Aug 28
Risks To Shareholder Returns Are Elevated At These Prices For Neogen Corporation (NASDAQ:NEOG)

We Think Neogen (NASDAQ:NEOG) Is Taking Some Risk With Its Debt

Jul 31
We Think Neogen (NASDAQ:NEOG) Is Taking Some Risk With Its Debt

Neogen Corporation: Challenges Remain

Jun 26

There's Reason For Concern Over Neogen Corporation's (NASDAQ:NEOG) Price

May 21
There's Reason For Concern Over Neogen Corporation's (NASDAQ:NEOG) Price

Battered By M&A Integration Issues, Neogen Has To Rebuild Investor Trust

Apr 15

Neogen Corporation Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next

Apr 12
Neogen Corporation Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next

Shareholder Returns

NEOGUS Medical EquipmentUS Market
7D-5.4%-5.3%-0.2%
1Y78.4%-18.1%27.6%

Return vs Industry: NEOG exceeded the US Medical Equipment industry which returned -15.3% over the past year.

Return vs Market: NEOG exceeded the US Market which returned 29.1% over the past year.

Price Volatility

Is NEOG's price volatile compared to industry and market?
NEOG volatility
NEOG Average Weekly Movement6.2%
Medical Equipment Industry Average Movement8.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

Stable Share Price: NEOG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NEOG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19812,974Mike Nassifwww.neogen.com

Neogen Corporation develops, manufactures, and markets various products and services for food and animal safety in the United States and internationally. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment offers diagnostic test kits and complementary products to detect dangerous and unintended substances in human food and animal feed, including foodborne pathogens, spoilage organisms, natural toxins, food allergens, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns, as well as food quality and nutritional components.

Neogen Corporation Fundamentals Summary

How do Neogen's earnings and revenue compare to its market cap?
NEOG fundamental statistics
Market capUS$2.03b
Earnings (TTM)-US$608.84m
Revenue (TTM)US$870.56m
2.3x
P/S Ratio
-3.2x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEOG income statement (TTM)
RevenueUS$870.56m
Cost of RevenueUS$476.99m
Gross ProfitUS$393.58m
Other ExpensesUS$1.00b
Earnings-US$608.84m

Last Reported Earnings

Feb 28, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-2.80
Gross Margin45.21%
Net Profit Margin-69.94%
Debt/Equity Ratio37.8%

How did NEOG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/29 12:54
End of Day Share Price 2026/04/29 00:00
Earnings2026/02/28
Annual Earnings2025/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Neogen Corporation is covered by 16 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul KnightBrean Capital Historical (Janney Montgomery)
Robert LabickCJS Securities, Inc.
David WestenbergCL King & Associates, Inc.