Revvity Inc stock hits 52-week high at 166.5 USD
Revvity Inc's stock soared to a 52-week high of 166.5 USD, trading at 166.44 USD, just 1% short of its peak. Over the past six months, the stock surged by 90%, marking a strong year of performance with a 74.12% increase. The Pro Research Report indicates that the stock is currently overvalued. Revvity's second-quarter earnings exceeded expectations, with adjusted EPS of $1.41 and revenue of $729.68 million, both surpassing forecasts.
This success was driven by organic growth, wider margins, and AI-related demand. Stifel raised its price target to $110, maintaining a Hold rating. William Blair initiated coverage with an outperform rating, projecting a 2028 EPS of $7.23. RBC Capital set a higher price target of $135.00, highlighting the company's durable franchises. Analyst opinions on Revvity's future performance vary.
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