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NEOGNeogen Corporation
$13.61$3.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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NEOG logo

Neogen Corporation

NEOG
NASDAQ · Diagnostics & Research
$13.61
At close - Sep 21, 4:00 PM EDT - USD
Market Cap$2.96B
P/E-340.3x
52W High$13.72
Volume4.4M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q4

Margin Recovery Amid Integration Challenges

Neogen is navigating a complex integration of the 3M Food Safety business, evidenced by five consecutive quarters of revenue contraction and a 28% decline in total assets since 2024Q3. However, gross margin has rebounded to 47.8% in 2026Q4 from a trough of 34....

GrowthDecelerating
ProfitabilityWeak
ValuationExpensive
TechnicalsStrong
Explore valuation models
MARKET ACTION

NEOG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

4/12 Beats

EPS beat 4 of last 12 quarters

02

Valuation risk

-1088% Peers

P/E is 1088% below peer median

03

Market leadership

RS 90 · Leader

High momentum (Outperforming 90% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Oct 30

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
NEOG+94.43%
S&P 500 (^GSPC)+13.22%
1-Year Return
NEOG+137.11%
S&P 500 (^GSPC)+15.99%
3-Year Return
NEOG-29.52%
S&P 500 (^GSPC)+92.54%
5-Year Return
NEOG-67.35%
S&P 500 (^GSPC)+79.55%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-339.3x
Forward P/E
43.8x
EV/EBITDA
N/A
FCF YieldCash Flow
5.0%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-339.3x
58.8x
0th· Low
EV/EBITDA
N/A
32.1x
N/A
Price/FCF
20.0x
65.5x
50th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$4.52-66.8%
Base (Fair)$6.65-48.8%
Bull$6.86-49.6%
$4.52 Bear$6.65 Base$6.86 Bull
Current Market Price: $13.61
Trades at a 104.7% premium to Base DCF ($6.65)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$870M-2.7% YoY
Net income
-$8M+99.3% YoY
Free cash flow
$148M+419.3% YoY
Operating margin
-2.5%-3.5 pts YoY
ROIC (TTM)-0.7%
Avg ROIC 5Y-
ROE (TTM)-0.4%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate4/12 (33%)
Revenue Beat Rate9/12 (75%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$0.09+58.8%
vs $0.06
$225M+6.1%
vs $212M
Q2 2026
Apr 9, 2026
$0.09+125.0%
vs $0.04
$211M+3.3%
vs $204M
Q1 2026
Jan 8, 2026
$0.10+42.9%
vs $0.07
$225M+8.2%
vs $208M
Q4 2025
Oct 9, 2025
$0.04+154.1%
vs -$0.07
$209M+3.0%
vs $203M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·Sep 15, 2026
Neogen Announces First-Quarter Earnings Release Date

LANSING, Mich.--(BUSINESS WIRE)--Neogen® Corporation (NASDAQ: NEOG) will issue its first-quarter earnings release after the closing of the market on October 6, 2026. Executives from the company will host a webcast and conference call beginning at 4:30 p.m. Eastern time, to discuss the financial results. The conference call can be accessed by dialing: Toll-Free - North America: 1-833-461-5787 International: (+1) 626-884-3620 Conference ID: 323 558 822 The live webcast can be accessed through Neo.

Zacks Investment Research·Sep 14, 2026
PBH or NEOG: Which Is the Better Value Stock Right Now?

Investors with an interest in Medical - Products stocks have likely encountered both Prestige Consumer Healthcare (PBH) and Neogen (NEOG). But which of these two stocks is more attractive to value investors?

Zacks Investment Research·Sep 10, 2026
Is This the Right Time to Add Neogen Stock to Your Portfolio?

NEOG advances product innovation and recovers Animal Safety operations, but high debt and intense competition remain key risks.

Business Wire·Sep 8, 2026
Neogen to Host Investor Day on October 7, 2026

LANSING, Mich.--(BUSINESS WIRE)--Neogen® Corporation (NASDAQ: NEOG) announced today that it will host an Investor Day on Wednesday, October 7, 2026, at 9 a.m. ET in New York City. The focus of the event will be on Neogen's strategic transformation as the Company provides additional details on its commercial prowess, high-impact innovation, and operational excellence to drive sustainable improvement in financial performance. Mike Nassif, President and Chief Executive Officer; Bryan Riggsbee, Chi.

Filtered for Neogen CorporationMore Headlines
04

Compare before deciding

Benchmark NEOG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Neogen Corporation (NEOG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NEOG logoNEOGNeogen CorporationCurrent
$13.61$2.96B-340.25-2.71%-0.91%-0.38%—
IDXX logoIDXXIDEXX Laboratories, Inc.
$515.30$40.65B39.4010.42%25.03%71.96%—
BCAL logoBCALCalifornia BanCorp
$21.51$691.86M11.1541.03%26.02%10.44%—
QDEL logoQDELQuidelOrtho Corporation
$10.86$740.55M-0.65-1.89%-39.2%-55.3%—
NVAX logoNVAXNovavax, Inc.
$10.41$1.71B4.1064.69%-59.87%——
BIO logoBIOBio-Rad Laboratories, Inc.
$377.33$10.16B13.540.65%8.59%3.15%—

Compare NEOG vs Peers

Neogen Corporation (NEOG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs IDXX

Most directly comparable listed peer for NEOG.

Scale Benchmark

vs TMO

Larger-name benchmark to compare NEOG against a more recognizable public peer.

Peer Set

Compare Top 5

vs IDXX, BCAL, QDEL, NVAX

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

NEOG SEC Filings & Documents

Neogen Corporation (NEOG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 30, 2026·SEC

Material company update

Apr 20, 2026·SEC

Material company update

Apr 9, 2026·SEC

10-K Annual Reports

3
FY 2026

Jul 30, 2026·SEC

FY 2025

Jul 30, 2025·SEC

FY 2024

Jul 30, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 9, 2026·SEC

FY 2026

Jan 8, 2026·SEC

FY 2025

Oct 9, 2025·SEC

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NEOG Frequently Asked Questions

Neogen Corporation (NEOG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Neogen Corporation's revenue?

Neogen Corporation (NEOG) reported $870.4M in revenue for fiscal year 2026. This represents a 5589% increase from $15.3M in 1997.

How fast is Neogen Corporation growing?

Neogen Corporation (NEOG) saw revenue decline by 2.7% over the past year.

Is NEOG profitable?

Neogen Corporation (NEOG) reported a net loss of $7.9M for fiscal year 2026.

Dividend & Returns
What is NEOG's return on equity?

Neogen Corporation (NEOG) has a return on equity (ROE) of -0.4%. Negative ROE indicates the company is unprofitable.

What is Neogen Corporation's free cash flow?

Neogen Corporation (NEOG) generated $31.9M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in NEOG back in 1997?

Total return calculator · dividends reinvested · 29+ years of data

See returns →