# Diagnostics & Research — Industry Hub

> Quantitative analysis from TrendMatrix. Data for informational use only — not investment advice.

Diagnostics & Research companies develop and commercialize lab tests, diagnostic equipment, and research services for hospitals and healthcare systems. Key sensitivities include reimbursement pressures from insurers and Medicare, clinical adoption barriers requiring FDA approval and evidence generation, and competition from larger integrated healthcare companies. TrendMatrix ranks 25 US-listed Diagnostics & Research stocks by 10-dimension quantitative score, refreshed every 5 minutes during market hours with a full reanalysis nightly.

- **Parent sector:** Healthcare
- **Stocks tracked:** 25 (primer N: 25)
- **Sentiment:** 4 bullish · 2 neutral · 19 bearish · avg score 5.2
- **Last updated:** 2026-04-25T16:28:11+00:00

## Ranked Stocks

| # | Symbol | Name | Verdict | Score | Price | Upside |
|---|---|---|---|---|---|---|
| 1 | [ILMN](https://trendmatrix.com/stocks/ILMN) | Illumina, Inc. | STRONG_BUY_WAIT | 5.6 | $125.99 | +11.7% |
| 2 | [MEDP](https://trendmatrix.com/stocks/MEDP) | Medpace Holdings, Inc. | STRONG_BUY_WAIT | 5.6 | $419.81 | +30.6% |
| 3 | [LH](https://trendmatrix.com/stocks/LH) | Labcorp Holdings Inc. | STRONG_BUY_WAIT | 5.0 | $259.25 | +9.0% |
| 4 | [ICLR](https://trendmatrix.com/stocks/ICLR) | ICON plc | STRONG_BUY_WAIT | 4.7 | $117.23 | +11.2% |
| 5 | [WGS](https://trendmatrix.com/stocks/WGS) | GeneDx Holdings Corp. | HOLD_IF_HOLDING | 6.0 | $63.58 | +86.9% |
| 6 | [QGEN](https://trendmatrix.com/stocks/QGEN) | Qiagen N.V. | HOLD_IF_HOLDING | 5.6 | $34.04 | +23.8% |
| 7 | [GH](https://trendmatrix.com/stocks/GH) | Guardant Health, Inc. | SELL_IF_HOLDING | 5.7 | $86.13 | +34.5% |
| 8 | [IQV](https://trendmatrix.com/stocks/IQV) | IQVIA Holdings, Inc. | SELL_IF_HOLDING | 5.7 | $158.36 | +31.7% |
| 9 | [NEO](https://trendmatrix.com/stocks/NEO) | NeoGenomics, Inc. | SELL_IF_HOLDING | 5.7 | $9.04 | +32.6% |
| 10 | [BLLN](https://trendmatrix.com/stocks/BLLN) | BillionToOne, Inc. | SELL_IF_HOLDING | 5.6 | $76.00 | +33.4% |
| 11 | [SHC](https://trendmatrix.com/stocks/SHC) | Sotera Health Company | SELL_IF_HOLDING | 5.6 | $15.43 | +15.7% |
| 12 | [MTD](https://trendmatrix.com/stocks/MTD) | Mettler-Toledo International, I | SELL_IF_HOLDING | 5.4 | $1,265.79 | +2.3% |
| 13 | [NTRA](https://trendmatrix.com/stocks/NTRA) | Natera, Inc. | SELL_IF_HOLDING | 5.3 | $207.07 | +12.6% |
| 14 | [VCYT](https://trendmatrix.com/stocks/VCYT) | Veracyte, Inc. | SELL_IF_HOLDING | 5.3 | $32.95 | +23.0% |
| 15 | [DGX](https://trendmatrix.com/stocks/DGX) | Quest Diagnostics Incorporated | SELL_IF_HOLDING | 5.2 | $193.54 | +3.6% |
| 16 | [TMO](https://trendmatrix.com/stocks/TMO) | Thermo Fisher Scientific Inc | SELL_IF_HOLDING | 5.2 | $477.49 | +17.1% |
| 17 | [A](https://trendmatrix.com/stocks/A) | Agilent Technologies, Inc. | SELL_IF_HOLDING | 5.1 | $114.56 | +26.4% |
| 18 | [DHR](https://trendmatrix.com/stocks/DHR) | Danaher Corporation | SELL_IF_HOLDING | 5.1 | $179.55 | +25.5% |
| 19 | [IDXX](https://trendmatrix.com/stocks/IDXX) | IDEXX Laboratories, Inc. | SELL_IF_HOLDING | 5.1 | $559.49 | +12.8% |
| 20 | [RDNT](https://trendmatrix.com/stocks/RDNT) | RadNet, Inc. | SELL_IF_HOLDING | 4.9 | $55.63 | +41.5% |
| 21 | [RVTY](https://trendmatrix.com/stocks/RVTY) | Revvity, Inc. | SELL_IF_HOLDING | 4.9 | $85.91 | +15.4% |
| 22 | [WAT](https://trendmatrix.com/stocks/WAT) | Waters Corporation | SELL_IF_HOLDING | 4.8 | $307.74 | +12.8% |
| 23 | [CRL](https://trendmatrix.com/stocks/CRL) | Charles River Laboratories Inte | SELL_IF_HOLDING | 4.4 | $164.59 | +9.0% |
| 24 | [GRAL](https://trendmatrix.com/stocks/GRAL) | GRAIL, Inc. | SELL_IF_HOLDING | 4.2 | $53.51 | +10.0% |
| 25 | [TWST](https://trendmatrix.com/stocks/TWST) | Twist Bioscience Corporation | SELL_IF_HOLDING | 4.2 | $60.00 | +8.0% |

## Recent 8-K Events (last 30 days)

- **IQV** [Item 5.02] (2026-04-23): 2026 Annual Meeting: stockholders approved the 2026 Incentive and Stock Award Plan replacing the 2017 plan. Routine compensatory arrangement authorizing stock options, restricted stock units, and performance-based awards.
- **MEDP** [Item 5.02] (2026-04-22): Jesse Geiger notified intent to resign as President and retire from the Company effective May 31, 2026. No reason beyond retirement cited. No successor named.
- **A** [Item 5.02] (2026-04-06): Bret DiMarco, SVP and Chief Legal Officer, entered transition agreement March 31, 2026. Will resign upon start of new CLO or Sept 30, 2026; continues as Special Advisor through Dec 1, 2026. No permanent successor named.
- **ILMN** [Item 5.02] (2026-04-02): Directors Frances Arnold, Robert S. Epstein, and Gary S. Guthart each notified Illumina Board of intention to retire effective May 21, 2026 (2026 annual meeting). Retirements not the result of any dispute or disagreement. David King nominated as replacement director.
- **NTRA** [Item 5.02] (2026-04-01): Board expanded from 10 to 11; Eric Rubin appointed as independent Class I director effective March 26, 2026. Standard non-employee director compensation. No arrangement with other persons.

## Cross-Company Themes

- **Decipher Prostate and Afirma** — 1 companies (VCYT)
- **Galleri** — 1 companies (GRAL)
- **Illumina** — 1 companies (NTRA)
- **Medicare and UnitedHealthcare Group** — 1 companies (VCYT)
- **Panorama NIPT, Horizon carrier screening, and Signatera** — 1 companies (NTRA)

## Related Industries

- [Medical Instruments & Supplies](https://trendmatrix.com/industries/medical-instruments-and-supplies) — 25 stocks
- [Medical Care Facilities](https://trendmatrix.com/industries/medical-care-facilities) — 27 stocks
- [Drug Manufacturers - Specialty & Generic](https://trendmatrix.com/industries/drug-manufacturers-specialty-and-generic) — 29 stocks
- [Drug Manufacturers - General](https://trendmatrix.com/industries/drug-manufacturers-general) — 16 stocks
- [Health Information Services](https://trendmatrix.com/industries/health-information-services) — 13 stocks

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