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Investing.com - KeyBanc has reiterated an Overweight rating on Repligen (NASDAQ:RGEN) with a price target of $220.00, citing strong growth in the biological production market. The target represents significant upside from the current price of $127.46, though InvestingPro analysis indicates the stock is trading above its Fair Value.
The firm views Repligen as a gauge of the overall bioprocessing market health, noting that these markets appear to have resumed double-digit growth, which should drive mid-teens growth for the company. With a strong current ratio of 6.79 and moderate debt levels, InvestingPro data shows Repligen is well-positioned to pursue growth opportunities. For deeper insights into Repligen’s financial health and growth prospects, access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
KeyBanc highlighted several positive indicators from Repligen’s second-quarter results, including 11% organic growth (17% excluding COVID-related business) compared to their estimate of 7.8%, and an increase in fiscal year 2025 revenue guidance to 10.5-13.5% from the previous 9.5-13.0%.
The research firm also noted that Repligen has maintained a book-to-bill ratio above 1.0x for eight consecutive quarters, with 20% order growth, suggesting continued strong demand for its products.
Repligen appears optimistic about long-term market trends and its product lineup, setting a new target to double its revenue in five years, including benefits from mergers and acquisitions, according to KeyBanc’s analysis.
In other recent news, Repligen Corporation reported its second-quarter earnings for 2025, showing a mixed financial performance. The company posted earnings per share of $0.37, which fell short of the forecasted $0.39, representing a 5.13% miss. However, Repligen’s revenue exceeded expectations, reaching $182 million compared to the forecast of $175.35 million, a surprise of 3.79%. These recent developments highlight the company’s ability to outperform revenue projections despite the earnings per share miss. The positive revenue results are likely to be a focal point for investors assessing Repligen’s financial health. The company’s performance has garnered attention from analysts, although no specific upgrades or downgrades were reported in the latest updates. Investors will be closely monitoring any forthcoming announcements from Repligen for further insights.
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