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
C
Diagnostics & Research is Zen Rated C and is the 67th 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
QGEN
QIAGEN NV
$9.28B$42.65$48.2513.13%Buy45.06%84.51%18.46%11.35%
FONR
FONAR CORP
$84.96M$12.90N/AN/AN/AN/AN/AN/AN/AN/A
SHC
SOTERA HEALTH CO
$3.63B$12.80$14.7515.23%Strong Buy44.95%195.01%N/AN/A
ILMN
ILLUMINA INC
$13.24B$83.62$109.1030.47%Buy101.31%N/A37.01%14.18%
A
AGILENT TECHNOLOGIES INC
$32.44B$113.77$141.8624.69%Buy74.39%17.74%31.30%15.83%
CRL
CHARLES RIVER LABORATORIES INTERNATIONAL INC
$6.92B$140.97$171.0021.30%Hold90.47%N/A17.08%7.20%
DHR
DANAHER CORP
$140.35B$196.11$251.9228.46%Strong Buy135.01%28.50%13.24%8.51%
RVTY
REVVITY INC
$10.99B$93.26$120.0028.67%Strong Buy94.92%53.25%9.59%5.93%
IDXX
IDEXX LABORATORIES INC
$41.67B$518.10$507.17-2.11%Buy67.07%12.06%95.47%43.02%
WAT
WATERS CORP
$21.39B$359.48$401.7511.76%Buy85.60%13.76%48.66%20.80%
DGX
QUEST DIAGNOSTICS INC
$19.87B$177.97$185.073.99%Buy144.53%12.08%20.16%8.84%
IQV
IQVIA HOLDINGS INC
$24.71B$142.82$216.6451.69%Strong Buy144.54%21.85%42.20%9.23%
LH
LABCORP HOLDINGS INC
$20.88B$249.52$276.8210.94%Strong Buy115.13%30.34%22.33%10.54%
MEDP
MEDPACE HOLDINGS INC
$8.79B$305.66$325.206.39%Hold53.52%1.89%77.69%24.31%
MYNZ
MAINZ BIOMED NV
$5.66M$2.44$14.00473.77%Strong Buy1N/AN/A-352.90%-161.19%
TMO
THERMO FISHER SCIENTIFIC INC
$155.55B$412.06$578.8540.48%Strong Buy134.60%21.18%21.65%10.80%
MYGN
MYRIAD GENETICS INC
$380.69M$4.13$14.73256.59%Buy113.12%N/A-1.05%-0.73%
ACRS
ACLARIS THERAPEUTICS INC
$141.85M$1.31$10.00663.36%Strong Buy6-26.51%N/A-61.26%-44.55%
NTRA
NATERA INC
$20.84B$152.59$202.4632.68%Strong Buy1112.68%N/A3.30%2.36%
FLGT
FULGENT GENETICS INC
$619.53M$20.35$24.0017.94%Buy28.32%N/A-4.97%-4.65%
EXAS
EXACT SCIENCES CORP
$10.64B$56.42$68.4221.26%Strong Buy1211.61%N/A15.29%6.42%
GH
GUARDANT HEALTH INC
$5.04B$40.67$58.5744.02%Strong Buy1419.10%N/AN/A-19.24%
XGN
EXAGEN INC
$108.19M$6.01$7.5024.79%Strong Buy214.94%N/A-70.29%-11.17%
GRAL
GRAIL INC
$1.44B$39.91$31.50-21.07%Buy211.13%N/A-12.34%-10.46%
CDNA
CAREDX INC
$976.64M$17.54$28.7563.91%Buy410.85%N/A3.67%2.84%
NEO
NEOGENOMICS INC
$1.04B$8.11$12.5054.13%Buy710.91%N/A2.22%1.23%
MTD
METTLER TOLEDO INTERNATIONAL INC
$24.05B$1,157.44$1.24k7.29%Buy54.32%8.29%-620.63%34.92%
ADVB
ADVANCED BIOMED INC
$27.48M$1.27N/AN/AN/AN/AN/AN/AN/AN/A
TWST
TWIST BIOSCIENCE CORP
$1.85B$30.93$50.0061.66%Buy813.20%N/A-14.70%-10.86%
PSNL
PERSONALIS INC
$437.21M$4.95$8.2566.67%Strong Buy418.18%N/A-14.91%-11.31%
ICLR
ICON PLC
$10.46B$131.63$189.6044.04%Buy101.32%19.06%15.45%8.78%
STIM
NEURONETICS INC
$277.76M$4.22$7.5077.73%Strong Buy267.54%N/A-30.63%-7.65%
NOTV
INOTIV INC
$77.64M$2.26$5.00121.24%Strong Buy14.57%N/A-3.49%-0.72%
OCX
ONCOCYTE CORP
$79.79M$2.79$4.4258.32%Buy3N/AN/A-237.91%-40.27%
SERA
SERA PROGNOSTICS INC
$87.02M$2.31N/AN/AN/AN/A204.35%N/A-36.57%-29.33%
RDNT
RADNET INC
$4.59B$61.14$69.7514.08%Strong Buy44.59%N/A5.24%1.41%
APDN
APPLIED DNA SCIENCES INC
$739.53k$0.67N/AN/AN/AN/A-9.46%N/AN/AN/A
OPK
OPKO HEALTH INC
$1.05B$1.33$2.6397.37%Buy24.46%N/A-2.42%-1.49%
NEOG
NEOGEN CORP
$1.43B$6.61$9.0036.16%Buy2-0.51%N/A3.51%2.31%
LAB
STANDARD BIOTOOLS INC
$410.21M$1.08N/AN/AN/AN/A-0.23%N/A-14.20%-11.14%
DRIO
DARIOHEALTH CORP
$29.01M$0.66$2.00203.03%Strong Buy116.53%N/AN/AN/A
CSTL
CASTLE BIOSCIENCES INC
$483.61M$16.75$37.50123.88%Strong Buy4-5.96%N/A-9.18%-8.06%
BNR
BURNING ROCK BIOTECH LTD
$30.67M$2.85N/AN/AN/AN/AN/AN/AN/AN/A
ISPC
ISPECIMEN INC
$2.82M$1.13N/AN/AN/AN/AN/AN/AN/AN/A
XWEL
XWELL INC
$4.79M$0.91N/AN/AN/AN/AN/AN/AN/AN/A
PRPH
PROPHASE LABS INC
$16.21M$0.39N/AN/AN/AN/A109.24%N/AN/AN/A
CHEK
CHECK-CAP LTD
$5.41M$0.93N/AN/AN/AN/AN/AN/AN/AN/A
BDSX
BIODESIX INC
$44.12M$0.30$1.67453.82%Strong Buy311.33%N/A-198.77%-25.49%
TRIB
TRINITY BIOTECH PLC
$6.49M$0.85N/AN/AN/AN/A15.85%N/AN/A-77.09%
PRPO
PRECIPIO INC
$11.91M$7.88N/AN/AN/AN/AN/AN/AN/AN/A
BIAF
BIOAFFINITY TECHNOLOGIES INC
$5.78M$0.21N/AN/AN/AN/AN/AN/AN/AN/A
NDRA
ENDRA LIFE SCIENCES INC
$1.82M$3.23$50.001,447.99%Buy1N/AN/A-242.64%-139.53%
PRE
PRENETICS GLOBAL LTD
$81.80M$6.30$9.0042.86%Strong Buy1N/AN/A-16.16%-12.89%
VNRX
VOLITIONRX LTD
$41.51M$0.43$3.75772.09%Strong Buy2N/AN/AN/AN/A
STRR
STAR EQUITY HOLDINGS INC
$7.41M$2.31$5.00116.45%Strong Buy1N/AN/A-2.90%-1.83%
MDXH
MDXHEALTH SA
$10.34M$2.09N/AN/AN/AN/A15.06%N/A-157.58%-5.38%

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. Qiagen Nv (NYSE:QGEN)


Qiagen Nv (NYSE:QGEN) is the #1 top diagnostic & research stock out of 56 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: B, Momentum: C, Sentiment: B, 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 lose -7.26% over the past year, overperforming other diagnostic & research stocks by 21 percentage points.

Qiagen Nv has an average 1 year price target of $48.25, an upside of 13.13% from Qiagen Nv's current stock price of $42.65.

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.

2. Fonar (NASDAQ:FONR)


Fonar (NASDAQ:FONR) is the #2 top diagnostic & research stock out of 56 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 Fonar (NASDAQ:FONR) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: B.

Fonar (NASDAQ:FONR) has a Due Diligence Score of 32, which is 5 points higher than the diagnostic & research industry average of 27.

FONR passed 9 out of 33 due diligence checks and has average fundamentals. Fonar has seen its stock lose -17.89% over the past year, overperforming other diagnostic & research stocks by 10 percentage points.

3. Sotera Health Co (NASDAQ:SHC)


Sotera Health Co (NASDAQ:SHC) is the #3 top diagnostic & research stock out of 56 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 Sotera Health Co (NASDAQ:SHC) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: A, Financials: C, and AI: C.

Sotera Health Co (NASDAQ:SHC) has a Due Diligence Score of 21, which is -6 points lower than the diagnostic & research industry average of 27. Although this number is below the industry average, our proven quant model rates SHC as a "B".

SHC passed 7 out of 33 due diligence checks and has weak fundamentals. Sotera Health Co has seen its stock return 12.18% over the past year, overperforming other diagnostic & research stocks by 40 percentage points.

Sotera Health Co has an average 1 year price target of $14.75, an upside of 15.23% from Sotera Health Co's current stock price of $12.80.

Sotera Health Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Sotera Health Co, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% 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 6 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 0.63%, 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 0.58%, 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 1.69% in the last day, and up 4.04% over the last week.

We couldn't find a catalyst for why diagnostic & research stocks are up.

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 43 points higher than the diagnostic & research industry average of 14. It passed 4 out of 7 valuation due diligence checks.

Icon's stock has dropped -58.32% in the past year. It has underperformed other stocks in the diagnostic & research industry by -31 percentage points.

2. Thermo Fisher Scientific (NYSE:TMO)


Thermo Fisher Scientific (NYSE:TMO) 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.

Thermo Fisher Scientific has a valuation score of 29, which is 15 points higher than the diagnostic & research industry average of 14. It passed 2 out of 7 valuation due diligence checks.

Thermo Fisher Scientific's stock has dropped -31% in the past year. It has underperformed other stocks in the diagnostic & research industry by -3 percentage points.

3. Fonar (NASDAQ:FONR)


Fonar (NASDAQ:FONR) 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.

Fonar has a valuation score of 43, which is 29 points higher than the diagnostic & research industry average of 14. It passed 3 out of 7 valuation due diligence checks.

Fonar's stock has dropped -17.89% in the past year. It has overperformed other stocks in the diagnostic & research industry by 10 percentage points.

Are diagnostic & research stocks a good buy now?

52.38% of diagnostic & research stocks rated by analysts are a strong buy right now. On average, analysts expect diagnostic & research stocks to rise by 19.13% over the next year.

4.76% of diagnostic & research stocks have a Zen Rating of A (Strong Buy), 19.05% of diagnostic & research stocks are rated B (Buy), 59.52% are rated C (Hold), 16.67% 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 20.26x.
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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.