Sectors & Industries HealthcareDiagnostics & Research
Best Diagnostic & Research Stocks to Buy Now (2025)
Top diagnostic & research stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best diagnostic & research stocks to buy now. Learn More.

Industry: Diagnostics & Research

Zen Rating Price Value Growth Financials Momentum Sentiment Forecast Dividends Due Diligence

Diagnostics & Research is Zen Rated B and is the 53rd ranked industry out of 145 stock market industries

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E	Country
ILMN	ILLUMINA INC	NASDAQ	Diagnostics & Research	$11.40B	$72.00	1.12%	-$725.00M	-9.36x	1.66	United States
QGEN	QIAGEN NV	NYSE	Diagnostics & Research	$9.00B	$40.48	-0.56%	$368.26M	106.53x	0.60	Netherlands
WAT	WATERS CORP	NYSE	Diagnostics & Research	$18.79B	$316.23	-1.49%	$1.04B	29.42x	1.49	United States
TMO	THERMO FISHER SCIENTIFIC INC	NYSE	Diagnostics & Research	$159.15B	$421.85	-1.32%	$11.49B	25.44x	0.96	United States
LH	LABCORP HOLDINGS INC	NYSE	Diagnostics & Research	$17.76B	$212.22	-2.26%	$2.00B	23.87x	1.28	United States
MTD	METTLER TOLEDO INTERNATIONAL INC	NYSE	Diagnostics & Research	$20.29B	$970.15	-3.46%	$1.24B	23.85x	-26.53	United States
CDNA	CAREDX INC	NASDAQ	Diagnostics & Research	$938.91M	$16.94	-3.86%	$60.85M	16.94x	0.30	United States
A	AGILENT TECHNOLOGIES INC	NYSE	Diagnostics & Research	$28.58B	$100.26	-2.17%	$1.85B	22.94x	0.98	United States
RVTY	REVVITY INC	NYSE	Diagnostics & Research	$10.79B	$89.77	-2.23%	$761.90M	40.62x	0.62	United States
CRL	CHARLES RIVER LABORATORIES INTERNATIONAL INC	NYSE	Diagnostics & Research	$5.25B	$102.67	-3.19%	$578.06M	513.35x	1.16	United States
DHR	DANAHER CORP	NYSE	Diagnostics & Research	$132.19B	$184.96	-1.00%	$7.28B	34.70x	0.57	United States
DGX	QUEST DIAGNOSTICS INC	NYSE	Diagnostics & Research	$17.96B	$161.86	-1.18%	$1.84B	20.80x	1.38	United States
IQV	IQVIA HOLDINGS INC	NYSE	Diagnostics & Research	$24.87B	$141.22	-1.87%	$3.46B	18.66x	3.43	United States
IDXX	IDEXX LABORATORIES INC	NASDAQ	Diagnostics & Research	$33.07B	$406.65	-1.18%	$1.27B	37.76x	1.06	United States
OPK	OPKO HEALTH INC	NASDAQ	Diagnostics & Research	$920.02M	$1.37	-3.52%	$135.26M	-17.13x	0.61	United States
MYGN	MYRIAD GENETICS INC	NASDAQ	Diagnostics & Research	$675.69M	$7.40	-3.14%	-$50.00M	-5.25x	0.47	United States
CSTL	CASTLE BIOSCIENCES INC	NASDAQ	Diagnostics & Research	$602.79M	$21.14	-1.72%	$38.14M	32.03x	0.17	United States
NTRA	NATERA INC	NASDAQ	Diagnostics & Research	$19.23B	$142.23	-3.95%	-$132.75M	-92.96x	0.39	United States
MEDP	MEDPACE HOLDINGS INC	NASDAQ	Diagnostics & Research	$8.80B	$288.99	-2.46%	$503.30M	22.13x	1.55	United States
FONR	FONAR CORP	NASDAQ	Diagnostics & Research	$80.09M	$12.16	-0.73%	$18.62M	10.39x	0.29	United States
TWST	TWIST BIOSCIENCE CORP	NASDAQ	Diagnostics & Research	$2.06B	$34.56	-6.09%	-$166.39M	-10.22x	0.34	United States
FLGT	FULGENT GENETICS INC	NASDAQ	Diagnostics & Research	$552.46M	$17.92	0.34%	-$22.33M	-12.71x	0.08	United States
MYNZ	MAINZ BIOMED NV	NASDAQ	Diagnostics & Research	$7.12M	$3.07	-4.66%	-$19.56M	-0.14x	1.19	Germany
XGN	EXAGEN INC	NASDAQ	Diagnostics & Research	$79.29M	$4.43	-1.34%	-$10.26M	-5.34x	3.68	United States
SHC	SOTERA HEALTH CO	NASDAQ	Diagnostics & Research	$2.93B	$10.32	-1.53%	$442.20M	64.50x	6.59	United States
NEO	NEOGENOMICS INC	NASDAQ	Diagnostics & Research	$1.23B	$9.58	0.31%	$7.42M	-15.45x	0.82	United States
ICLR	ICON PLC	NASDAQ	Diagnostics & Research	$11.08B	$137.23	-1.50%	$1.59B	14.29x	0.77	Ireland
BDSX	BIODESIX INC	NASDAQ	Diagnostics & Research	$72.99M	$0.50	-8.93%	-$28.90M	-1.52x	3.66	United States
ADVB	ADVANCED BIOMED INC	NASDAQ	Diagnostics & Research	$36.14M	$1.67	-7.73%	-$2.60M	-11.13x	6.28	United States
STIM	NEURONETICS INC	NASDAQ	Diagnostics & Research	$255.36M	$3.88	3.19%	-$34.35M	-2.81x	3.94	United States
OCX	ONCOCYTE CORP	NASDAQ	Diagnostics & Research	$82.37M	$2.88	1.41%	-$59.28M	-0.62x	-3.86	United States
DRIO	DARIOHEALTH CORP	NASDAQ	Diagnostics & Research	$30.34M	$0.73	-2.67%	-$37.17M	-1.20x	0.65	Israel
GRAL	GRAIL INC	NASDAQ	Diagnostics & Research	$895.51M	$26.42	-2.15%	-$2.00B	-0.42x	0.19	United States
GH	GUARDANT HEALTH INC	NASDAQ	Diagnostics & Research	$5.26B	$42.61	-5.25%	-$390.12M	-11.97x	-11.64	United States
EXAS	EXACT SCIENCES CORP	NASDAQ	Diagnostics & Research	$8.01B	$43.10	3.66%	-$767.36M	-7.71x	1.47	United States
APDN	APPLIED DNA SCIENCES INC	NASDAQ	Diagnostics & Research	$894.05k	$0.81	-0.12%	-$8.07M	-0.00x	0.27	United States
LAB	STANDARD BIOTOOLS INC	NASDAQ	Diagnostics & Research	$450.99M	$1.19	2.59%	-$112.37M	-2.29x	0.30	United States
PSNL	PERSONALIS INC	NASDAQ	Diagnostics & Research	$278.91M	$3.16	-0.94%	-$68.90M	-2.31x	0.33	United States
RDNT	RADNET INC	NASDAQ	Diagnostics & Research	$3.51B	$47.36	-4.86%	$287.06M	1,184.00x	2.39	United States
NOTV	INOTIV INC	NASDAQ	Diagnostics & Research	$54.53M	$1.61	-1.83%	-$34.84M	-0.35x	3.55	United States
SERA	SERA PROGNOSTICS INC	NASDAQ	Diagnostics & Research	$127.68M	$3.39	-0.29%	-$31.47M	-3.42x	0.52	United States
ACRS	ACLARIS THERAPEUTICS INC	NASDAQ	Diagnostics & Research	$121.95M	$1.13	-0.88%	-$131.26M	-0.66x	0.42	United States
ISPC	ISPECIMEN INC	NASDAQ	Diagnostics & Research	$2.95M	$1.18	-4.45%	-$10.22M	-0.07x	1.82	United States
NEOG	NEOGEN CORP	NASDAQ	Diagnostics & Research	$1.02B	$4.69	6.83%	-$312.60M	-2.10x	0.52	United States
PRPO	PRECIPIO INC	NASDAQ	Diagnostics & Research	$7.88M	$5.24	-10.88%	-$2.70M	-1.79x	0.41	United States
TRIB	TRINITY BIOTECH PLC	NASDAQ	Diagnostics & Research	$4.28M	$0.56	1.45%	-$10.06M	N/A	-4.70	Ireland
STRR	STAR EQUITY HOLDINGS INC	NASDAQ	Diagnostics & Research	$5.77M	$1.80	-1.58%	-$6.04M	-0.54x	0.53	United States
BIAF	BIOAFFINITY TECHNOLOGIES INC	NASDAQ	Diagnostics & Research	$9.07M	$0.50	-3.50%	-$8.33M	-0.66x	1.50	United States
BNR	BURNING ROCK BIOTECH LTD	NASDAQ	Diagnostics & Research	$29.68M	$2.88	2.68%	N/A	-0.62x	0.52	China
PMAX	POWELL MAX LTD	NASDAQ	Diagnostics & Research	$4.70M	$0.32	-1.85%	N/A	N/A	-2.97	Hong Kong
XWEL	XWELL INC	NASDAQ	Diagnostics & Research	$3.95M	$0.75	-4.46%	-$14.53M	-0.20x	-22.35	United States
NDRA	ENDRA LIFE SCIENCES INC	NASDAQ	Diagnostics & Research	$1.89M	$3.36	-8.45%	-$11.30M	-0.06x	0.74	United States
MMA	MIXED MARTIAL ARTS GROUP LTD	NYSEMKT	Diagnostics & Research	$9.68M	$0.94	1.18%	-$11.15M	-0.67x	1.08	Australia
PRPH	PROPHASE LABS INC	NASDAQ	Diagnostics & Research	$12.98M	$0.31	7.64%	-$36.18M	-0.12x	7.60	United States
PRE	PRENETICS GLOBAL LTD	NASDAQ	Diagnostics & Research	$52.56M	$4.30	7.23%	N/A	-1.08x	0.31	Hong Kong
MDXH	MDXHEALTH SA	NASDAQ	Diagnostics & Research	$7.92M	$1.60	0.00%	-$14.33M	-0.14x	9.60	Belgium
CHEK	CHECK-CAP LTD	NASDAQ	Diagnostics & Research	$3.80M	$0.65	-3.42%	-$13.78M	-0.30x	0.05	Israel
VNRX	VOLITIONRX LTD	NYSEMKT	Diagnostics & Research	$46.15M	$0.48	-2.45%	-$25.29M	-1.54x	-1.43	United States

Diagnostic & Research Stocks FAQ

What are the best diagnostic & research stocks to buy right now in Apr 2025?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best diagnostic & research stocks to buy right now are:

1. Illumina (NASDAQ:ILMN)

Illumina (NASDAQ:ILMN) is the #1 top diagnostic & research stock out of 58 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Illumina (NASDAQ:ILMN) is: Value: B, Growth: A, Momentum: F, Sentiment: C, Safety: B, Financials: B, and AI: B.

Illumina (NASDAQ:ILMN) has a Due Diligence Score of 16, which is -11 points lower than the diagnostic & research industry average of 27. Although this number is below the industry average, our proven quant model rates ILMN as a "A".

ILMN passed 5 out of 33 due diligence checks and has weak fundamentals. Illumina has seen its stock lose -40.12% over the past year, underperforming other diagnostic & research stocks by -10 percentage points.

Illumina has an average 1 year price target of $131.08, an upside of 82.06% from Illumina's current stock price of $72.00.

Illumina stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Illumina, 33.33% have issued a Strong Buy rating, 8.33% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 8.33% have issued a Strong Sell.

2. Qiagen Nv (NYSE:QGEN)

Qiagen Nv (NYSE:QGEN) is the #2 top diagnostic & research stock out of 58 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Qiagen Nv (NYSE:QGEN) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: B.

Qiagen Nv (NYSE:QGEN) has a Due Diligence Score of 23, which is -4 points lower than the diagnostic & research industry average of 27. Although this number is below the industry average, our proven quant model rates QGEN as a "B".

QGEN passed 9 out of 38 due diligence checks and has weak fundamentals. Qiagen Nv has seen its stock lose -1.8% over the past year, overperforming other diagnostic & research stocks by 28 percentage points.

Qiagen Nv has an average 1 year price target of $48.25, an upside of 19.19% from Qiagen Nv's current stock price of $40.48.

Qiagen Nv stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Qiagen Nv, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Waters (NYSE:WAT)

Waters (NYSE:WAT) is the #3 top diagnostic & research stock out of 58 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Waters (NYSE:WAT) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: A, Financials: A, and AI: B.

Waters (NYSE:WAT) has a Due Diligence Score of 36, which is 9 points higher than the diagnostic & research industry average of 27.

WAT passed 12 out of 33 due diligence checks and has average fundamentals. Waters has seen its stock return 5.68% over the past year, overperforming other diagnostic & research stocks by 36 percentage points.

Waters has an average 1 year price target of $396.00, an upside of 25.23% from Waters's current stock price of $316.23.

Waters stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Waters, 16.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the diagnostic & research stocks with highest dividends?

Out of 5 diagnostic & research stocks that have issued dividends in the past year, the 3 diagnostic & research stocks with the highest dividend yields are:

1. Quest Diagnostics (NYSE:DGX)

Quest Diagnostics (NYSE:DGX) has an annual dividend yield of 1.42%, which is 1 percentage points higher than the diagnostic & research industry average of 0.64%. Quest Diagnostics's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Quest Diagnostics's dividend has shown consistent growth over the last 10 years.

Quest Diagnostics's dividend payout ratio of 38.6% indicates that its dividend yield is sustainable for the long-term.

2. Agilent Technologies (NYSE:A)

Agilent Technologies (NYSE:A) has an annual dividend yield of 0.72%, which is the same as the diagnostic & research industry average of 0.64%. Agilent Technologies's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Agilent Technologies's dividend has shown consistent growth over the last 10 years.

Agilent Technologies's dividend payout ratio of 21.9% indicates that its dividend yield is sustainable for the long-term.

3. Labcorp Holdings (NYSE:LH)

Labcorp Holdings (NYSE:LH) has an annual dividend yield of 0.68%, which is the same as the diagnostic & research industry average of 0.64%. Labcorp Holdings's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Labcorp Holdings's dividend has not shown consistent growth over the last 10 years.

Labcorp Holdings's dividend payout ratio of 24.3% indicates that its dividend yield is sustainable for the long-term.

Why are diagnostic & research stocks down?

Diagnostic & research stocks were down -2.18% in the last day, and down -6.06% over the last week. Medpace Holdings was the among the top losers in the diagnostics & research industry, dropping -2.46% yesterday.

Medpace Holdings shares are trading lower. The company reported Q1 financial results.

What are the most undervalued diagnostic & research stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued diagnostic & research stocks right now are:

1. Icon (NASDAQ:ICLR)

Icon (NASDAQ:ICLR) is the most undervalued diagnostic & research stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Icon has a valuation score of 57, which is 40 points higher than the diagnostic & research industry average of 17. It passed 4 out of 7 valuation due diligence checks.

Icon's stock has dropped -53.94% in the past year. It has underperformed other stocks in the diagnostic & research industry by -24 percentage points.

2. Charles River Laboratories International (NYSE:CRL)

Charles River Laboratories International (NYSE:CRL) is the second most undervalued diagnostic & research stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Charles River Laboratories International has a valuation score of 29, which is 12 points higher than the diagnostic & research industry average of 17. It passed 2 out of 7 valuation due diligence checks.

Charles River Laboratories International's stock has dropped -55.85% in the past year. It has underperformed other stocks in the diagnostic & research industry by -26 percentage points.

3. Agilent Technologies (NYSE:A)

Agilent Technologies (NYSE:A) is the third most undervalued diagnostic & research stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Agilent Technologies has a valuation score of 29, which is 12 points higher than the diagnostic & research industry average of 17. It passed 2 out of 7 valuation due diligence checks.

Agilent Technologies's stock has dropped -25.13% in the past year. It has overperformed other stocks in the diagnostic & research industry by 5 percentage points.

Are diagnostic & research stocks a good buy now?

51.22% of diagnostic & research stocks rated by analysts are a strong buy right now. On average, analysts expect diagnostic & research stocks to rise by 41.48% over the next year.

2.27% of diagnostic & research stocks have a Zen Rating of A (Strong Buy), 18.18% of diagnostic & research stocks are rated B (Buy), 68.18% are rated C (Hold), 11.36% are rated D (Sell), and 0% are rated F (Strong Sell).

What is the average p/e ratio of the diagnostics & research industry?

The average P/E ratio of the diagnostics & research industry is 35.03x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.