Sectors & IndustriesHealthcareDiagnostics & 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
B
Diagnostics & Research is Zen Rated B and is the 51st ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
ILMN
ILLUMINA INC
$12.29B$77.60$129.1766.45%Buy122.36%N/A39.61%14.91%
QGEN
QIAGEN NV
$9.50B$42.75$48.2512.87%Buy45.30%92.36%18.01%11.29%
MTD
METTLER TOLEDO INTERNATIONAL INC
$22.39B$1,070.57$1.30k21.13%Buy53.62%8.66%-910.41%35.65%
CDNA
CAREDX INC
$935.59M$16.88$30.0077.73%Buy511.14%N/A-1.90%-1.47%
WAT
WATERS CORP
$20.66B$347.73$391.6712.64%Buy125.57%15.34%52.28%20.99%
A
AGILENT TECHNOLOGIES INC
$30.68B$107.60$141.8631.84%Buy74.41%17.77%31.32%15.84%
DHR
DANAHER CORP
$142.65B$199.33$251.9226.38%Strong Buy134.90%28.52%13.27%8.53%
IDXX
IDEXX LABORATORIES INC
$35.19B$432.65$505.8316.92%Buy67.20%12.14%87.58%42.42%
LH
LABCORP HOLDINGS INC
$20.17B$241.01$273.5513.50%Strong Buy115.27%30.39%22.28%10.51%
DGX
QUEST DIAGNOSTICS INC
$19.90B$178.22$184.363.44%Buy144.52%12.14%20.16%8.84%
CRL
CHARLES RIVER LABORATORIES INTERNATIONAL INC
$6.07B$118.62$188.6759.05%Hold12-0.33%613.75%16.58%7.62%
CSTL
CASTLE BIOSCIENCES INC
$571.71M$20.05$39.6097.51%Strong Buy5-2.78%N/A-8.26%-7.09%
IQV
IQVIA HOLDINGS INC
$27.31B$155.07$232.4749.91%Strong Buy174.89%21.75%43.86%9.89%
RVTY
REVVITY INC
$11.23B$93.43$125.4034.22%Strong Buy104.78%58.49%9.80%6.06%
MEDP
MEDPACE HOLDINGS INC
$8.86B$308.39$325.205.45%Hold53.52%1.89%77.69%24.31%
MYGN
MYRIAD GENETICS INC
$676.60M$7.41$18.35147.64%Buy104.79%N/A-0.52%-0.36%
XGN
EXAGEN INC
$111.51M$6.23$7.5020.39%Strong Buy215.74%N/A-43.15%-9.21%
FONR
FONAR CORP
$82.65M$12.55N/AN/AN/AN/AN/AN/AN/AN/A
NTRA
NATERA INC
$20.40B$150.93$192.1727.32%Strong Buy1215.55%N/A3.22%2.32%
FLGT
FULGENT GENETICS INC
$534.89M$17.35$16.00-7.78%Hold110.03%N/A-4.98%-4.62%
TWST
TWIST BIOSCIENCE CORP
$2.29B$38.32$53.1738.74%Buy617.29%N/A-13.21%-9.90%
MYNZ
MAINZ BIOMED NV
$7.96M$3.43$14.00308.16%Strong Buy1N/AN/A-352.90%-161.19%
SHC
SOTERA HEALTH CO
$3.26B$11.50$15.5034.78%Strong Buy44.50%121.74%N/AN/A
TMO
THERMO FISHER SCIENTIFIC INC
$161.85B$429.00$578.8534.93%Strong Buy134.63%23.02%21.55%10.98%
NEO
NEOGENOMICS INC
$823.00M$6.40$13.92117.62%Buy610.93%N/A2.22%1.23%
DRIO
DARIOHEALTH CORP
$29.72M$0.72$2.00179.72%Strong Buy118.66%N/AN/AN/A
ICLR
ICON PLC
$12.03B$151.44$201.6033.12%Buy103.93%22.09%15.45%8.78%
BDSX
BIODESIX INC
$77.95M$0.53$2.50368.16%Strong Buy130.04%N/A-97.90%-21.02%
ADVB
ADVANCED BIOMED INC
$41.57M$1.92N/AN/AN/AN/AN/AN/AN/AN/A
GRAL
GRAIL INC
$1.17B$34.50$26.00-24.63%Buy213.37%N/A-11.21%-9.41%
OPK
OPKO HEALTH INC
$926.74M$1.38$2.6390.22%Buy23.51%N/A0.98%0.61%
GH
GUARDANT HEALTH INC
$5.85B$47.23$54.4615.31%Strong Buy1317.28%N/AN/A-19.17%
STIM
NEURONETICS INC
$288.27M$4.38$7.5071.23%Strong Buy299.83%N/A-66.51%-13.08%
EXAS
EXACT SCIENCES CORP
$8.48B$45.64$67.7848.51%Strong Buy1812.16%N/A11.10%4.50%
APDN
APPLIED DNA SCIENCES INC
$974.63k$0.88N/AN/AN/AN/A-9.46%N/AN/AN/A
LAB
STANDARD BIOTOOLS INC
$420.67M$1.11N/AN/AN/AN/A-3.00%N/A-13.26%-10.21%
OCX
ONCOCYTE CORP
$88.09M$3.08$4.4243.41%Buy3N/AN/AN/A-69.30%
PSNL
PERSONALIS INC
$333.64M$3.78$8.00111.64%Strong Buy422.91%N/A-4.35%-3.27%
RDNT
RADNET INC
$3.88B$52.38$69.7533.16%Strong Buy45.34%866.75%5.63%1.55%
NOTV
INOTIV INC
$66.72M$1.97N/AN/AN/AN/A5.15%N/A-3.19%-0.70%
SERA
SERA PROGNOSTICS INC
$110.73M$2.94N/AN/AN/AN/A1,133.77%N/AN/AN/A
ACRS
ACLARIS THERAPEUTICS INC
$148.93M$1.38$11.67745.43%Strong Buy613.26%N/A-59.66%-42.12%
NEOG
NEOGEN CORP
$1.10B$5.05$9.0078.22%Buy20.33%N/A4.00%2.63%
VNRX
VOLITIONRX LTD
$46.34M$0.48$3.75681.25%Strong Buy2N/AN/AN/AN/A
PRPO
PRECIPIO INC
$9.15M$6.08N/AN/AN/AN/AN/AN/AN/AN/A
TRIB
TRINITY BIOTECH PLC
$6.00M$0.78N/AN/AN/AN/A15.85%N/AN/A-77.09%
STRR
STAR EQUITY HOLDINGS INC
$6.92M$2.16N/AN/AN/AN/AN/AN/A-3.19%-2.08%
MDXH
MDXHEALTH SA
$8.56M$1.73$6.00246.82%Strong Buy120.55%N/A-71.14%-6.71%
ISPC
ISPECIMEN INC
$3.17M$1.27N/AN/AN/AN/AN/AN/AN/AN/A
MMA
MIXED MARTIAL ARTS GROUP LTD
$8.83M$0.86N/AN/AN/AN/AN/AN/AN/AN/A
BIAF
BIOAFFINITY TECHNOLOGIES INC
$8.58M$0.47N/AN/AN/AN/AN/AN/AN/AN/A
PMAX
POWELL MAX LTD
$5.73M$0.39N/AN/AN/AN/AN/AN/AN/AN/A
XWEL
XWELL INC
$4.00M$0.76N/AN/AN/AN/AN/AN/AN/AN/A
CHEK
CHECK-CAP LTD
$4.51M$0.77N/AN/AN/AN/AN/AN/AN/AN/A
BNR
BURNING ROCK BIOTECH LTD
$30.14M$2.92N/AN/AN/AN/AN/AN/AN/AN/A
PRPH
PROPHASE LABS INC
$14.57M$0.35N/AN/AN/AN/A109.24%N/AN/AN/A
PRE
PRENETICS GLOBAL LTD
$63.92M$5.23$9.0072.08%Strong Buy1N/AN/A-14.50%-10.99%
NDRA
ENDRA LIFE SCIENCES INC
$3.38M$6.01$50.00731.95%Buy1N/AN/A-242.64%-139.53%

Diagnostic & Research Stocks FAQ

What are the best diagnostic & research stocks to buy right now in May 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: C.

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 -36.94% over the past year, underperforming other diagnostic & research stocks by -12 percentage points.

Illumina has an average 1 year price target of $129.17, an upside of 66.45% from Illumina's current stock price of $77.60.

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 A. Stocks with a rating of A have had an average return of +32.52% 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: C.

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 "A".

QGEN passed 9 out of 38 due diligence checks and has weak fundamentals. Qiagen Nv has seen its stock return 0.99% over the past year, overperforming other diagnostic & research stocks by 26 percentage points.

Qiagen Nv has an average 1 year price target of $48.25, an upside of 12.87% from Qiagen Nv's current stock price of $42.75.

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. Mettler Toledo International (NYSE:MTD)


Mettler Toledo International (NYSE:MTD) 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 Mettler Toledo International (NYSE:MTD) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: A, Financials: A, and AI: B.

Mettler Toledo International (NYSE:MTD) has a Due Diligence Score of 39, which is 12 points higher than the diagnostic & research industry average of 27.

MTD passed 13 out of 33 due diligence checks and has average fundamentals. Mettler Toledo International has seen its stock lose -12.94% over the past year, overperforming other diagnostic & research stocks by 12 percentage points.

Mettler Toledo International has an average 1 year price target of $1,296.80, an upside of 21.13% from Mettler Toledo International's current stock price of $1,070.57.

Mettler Toledo International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Mettler Toledo International, 40% have issued a Strong Buy rating, 20% have issued a Buy, 40% 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 1.29%, which is 1 percentage points higher than the diagnostic & research industry average of 0.59%. 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 38.1% 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 0.67%, which is the same as the diagnostic & research industry average of 0.59%. 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 0.6%, which is the same as the diagnostic & research industry average of 0.59%. 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 33% indicates that its dividend yield is sustainable for the long-term.

Why are diagnostic & research stocks up?

Diagnostic & research stocks were up 0.13% in the last day, and up 2.75% over the last week. Icon was the among the top gainers in the diagnostics & research industry, gaining 1.43% yesterday.

Icon shares are trading lower after the company reported worse-than-expected Q1 sales 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 A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Icon has a valuation score of 57, which is 39 points higher than the diagnostic & research industry average of 18. It passed 4 out of 7 valuation due diligence checks.

Icon's stock has dropped -49.16% 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 14, which is -4 points higher than the diagnostic & research industry average of 18. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates CRL a Valuation Rating of "B".

Charles River Laboratories International's stock has dropped -48.2% in the past year. It has underperformed other stocks in the diagnostic & research industry by -23 percentage points.

3. Qiagen Nv (NYSE:QGEN)


Qiagen Nv (NYSE:QGEN) 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.

Qiagen Nv has a valuation score of 14, which is -4 points higher than the diagnostic & research industry average of 18. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates QGEN a Valuation Rating of "B".

Qiagen Nv's stock has gained 0.99% in the past year. It has overperformed other stocks in the diagnostic & research industry by 26 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 26.2% over the next year.

4.65% of diagnostic & research stocks have a Zen Rating of A (Strong Buy), 9.3% of diagnostic & research stocks are rated B (Buy), 76.74% are rated C (Hold), 9.3% 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 39.05x.
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.