Repligen Q3 revenue beats estimates on higher demand; lifts outlook

By Reuters News


Overview

  • US bioprocessing tech firm's Q3 revenue rose 11%, beating analyst expectations

  • Q3 adjusted EPS beat analyst expectations

  • Company closed BioLife acquisition and raised FY26 revenue guidance


Outlook

  • Repligen raises FY26 revenue guidance to $844 mln-$852 mln, up 14.5%-15.5%

  • Company expects FY26 organic revenue growth of 12%-13%

  • Repligen forecasts FY26 adjusted EPS of $2.05-$2.09


Result Drivers

  • PORTFOLIO STRENGTH - Co said revenue growth was driven by continued strength across its diversified portfolio

  • IMPROVING DEMAND - Co said end-market demand continues to improve, with healthy trends in consumables and services and a growing capital equipment order book

  • BIOLIFE ACQUISITION - Co said completion of BioLife acquisition strengthens position in cell therapy market and expands portfolio


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$209 mln

$206.62 mln (18 Analysts)

Q3 Adjusted EPS

Beat

$0.53

$0.46 (17 Analysts)

Q3 Adjusted Operating Income

$33.30 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

  • Wall Street's median 12-month price target for Repligen Corporation is $200.00, about 11% above its October 26 closing price of $180.17

  • The stock recently traded at 71 times the next 12-month earnings vs. a P/E of 60 three months ago


Reuters Recommended Reads

  • Oct 27 - Nautilus Biotechnology Q3 revenue beats

  • Oct 26 - China's WuXi AppTec nine-month revenue rises on chemistry segment growth; lifts 2026 outlook

  • Oct 27 - Novartis slightly misses Q3 net sales estimates, but tops core EPS view


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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