IQVIA (IQV): Reassessing Valuation After Earnings and EPS Beat Against Consensus Estimates

IQVIA Holdings (IQV) just posted quarterly results that cleared the bar on both revenue and earnings, with organic growth and helpful currency shifts pushing sales up 5.2% and adjusted EPS up 6% year over year.

See our latest analysis for IQVIA Holdings.

Those solid quarterly beats come on top of a strong run, with IQVIA’s share price up a robust 23.45% over the past three months and its 11.85% one year total shareholder return pointing to gradually improving sentiment rather than euphoric momentum.

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With revenue and earnings still climbing, the stock trading about 10% below analyst targets, and intrinsic value models hinting at a larger discount, is IQVIA a genuine value opportunity or is the market already pricing in years of growth?

Most Popular Narrative Narrative: 8.2% Undervalued

With IQVIA last closing at $227.24 versus a narrative fair value of $247.50, the story leans toward upside if the long range forecasts land.

Continued investment in and deployment of proprietary platforms and agentic AI solutions, coupled with strategic collaborations and industry recognitions, increase switching costs and provide competitive barriers, positioning IQVIA to capture greater market share and support long-term revenue growth and margin improvement.

Read the complete narrative.

Curious how steady, mid single digit growth expectations can still justify a richer future earnings multiple and rising margins? The narrative leans on a powerful mix of backlog strength, disciplined share count reduction, and a profitability upgrade that reshapes IQVIA's long term earnings base. Want to see exactly how those moving parts stack up into that fair value?

Result: Fair Value of $247.50 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, a tougher CRO pricing environment and high leverage could pressure margins and limit flexibility, which could quickly undermine the upbeat earnings and valuation narrative.

Find out about the key risks to this IQVIA Holdings narrative.

Build Your Own IQVIA Holdings Narrative

If you would rather dig into the numbers yourself and shape a different storyline, you can build a custom view in just a few minutes, Do it your way.

A great starting point for your IQVIA Holdings research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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