Bio-Techne Corp TECH
- Market cap
- $11.4B
- P/E
- 62.1×
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Target Price Range
Analyst price targets
Free account| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23.92 | 32.02 | 33.65 | 38.79 | 77.66 | 68.00 | 51.79 | 61.16 | 46.01 | 43.20 |
Analyst estimates 2027–2029 Powerpack |
Low Price
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| 34.10 | 51.51 | 55.82 | 81.61 | 135.96 | 129.76 | 89.91 | 85.57 | 79.28 | 72.69 |
High Price
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| 1,800 | 2,000 | 2,250 | 2,300 | 2,600 | 3,000 | 3,050 | 3,100 | 3,100 | 3,000 |
Employees
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| 563 | 643 | 714 | 739 | 931 | 1,106 | 1,137 | 1,159 | 1,220 | 1,215 |
Revenue
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| 66.53% | 67.21% | 66.31% | 65.41% | 67.97% | 68.42% | 67.72% | 66.41% | 64.80% | 65.77% |
Gross Margin
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| 112 | 126 | 112 | 276 | 148 | 301 | 339 | 186 | 98 | 241 |
EBT
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| 19.89% | 19.59% | 15.69% | 37.43% | 15.92% | 27.26% | 29.79% | 16.02% | 8.07% | 19.81% |
EBT Margin
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| 76 | 126 | 96 | 229 | 140 | 263 | 285 | 168 | 73 | 182 |
Net Income
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| 60 | 64 | 78 | 83 | 88 | 101 | 107 | 112 | 110 | 97 |
Depreciation
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| 3.77 | 4.29 | 4.72 | 4.83 | 6.01 | 7.05 | 7.23 | 7.35 | 7.74 | 7.79 |
Revenue/Sh
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| 0.52 | 0.84 | 0.64 | 1.50 | 0.91 | 1.73 | 1.81 | 1.07 | 0.47 | 1.17 |
Earnings/Sh
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| 0.96 | 1.14 | 1.20 | 1.34 | 2.27 | 2.07 | 1.62 | 1.90 | 1.83 | 1.87 |
Cash Flow/Sh
|
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| (0.10) | (0.14) | (0.17) | (0.34) | (0.29) | (0.29) | (0.24) | (0.40) | (0.20) | (0.18) |
Capex/Sh
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| 0.86 | 1.00 | 1.03 | 1.00 | 1.99 | 1.79 | 1.38 | 1.50 | 1.63 | 1.69 |
Free CF/Sh
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| 6.36 | 7.20 | 7.71 | 9.04 | 10.14 | 10.84 | 12.51 | 13.12 | 12.18 | 13.52 |
Book Value/Sh
|
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| 149 | 150 | 151 | 153 | 155 | 157 | 157 | 158 | 158 | 156 |
Shares
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| 60.27 | 44.38 | 82.72 | 44.01 | 124.04 | 49.95 | 44.85 | 67.56 | 111.85 | 60.38 |
PE Ratio
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| 7.79 | 8.64 | 11.07 | 13.66 | 18.74 | 12.30 | 11.29 | 9.74 | 6.65 | 9.07 |
PS Ratio
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| 4.62 | 5.15 | 6.78 | 7.30 | 11.10 | 7.99 | 6.52 | 5.46 | 4.22 | 5.23 |
PB Ratio
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| 8.12 | 8.88 | 11.55 | 13.77 | 18.86 | 12.30 | 11.43 | 9.90 | 6.81 | 9.03 |
EV/Sales
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| 35.56 | 38.23 | 52.79 | 66.29 | 57.03 | 48.52 | 60.08 | 48.59 | 32.35 | 41.66 |
EV/FCF
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| 144 | 170 | 182 | 205 | 352 | 325 | 254 | 299 | 288 | 292 |
Op' Cash Flow
|
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| (15) | (21) | (25) | (52) | (44) | (45) | (38) | (63) | (31) | (29) |
Capex
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| 129 | 149 | 156 | 153 | 308 | 280 | 216 | 236 | 257 | 263 |
FCF
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| 213 | 319 | 311 | 414 | 358 | 430 | 493 | 458 | 432 | 581 |
Working Cap'
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| 344 | 339 | 505 | 357 | 341 | 256 | 361 | 319 | 346 | 200 |
Total Debt
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| 186 | 157 | 339 | 86 | 110 | 9 | 157 | 166 | 184 | (65) |
Net Debt
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| 950 | 1,079 | 1,166 | 1,381 | 1,571 | 1,701 | 1,967 | 2,069 | 1,919 | 2,108 |
Sh' Equity
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| 5.66% | 8.01% | 5.53% | 11.72% | 6.55% | 11.94% | 11.56% | 6.29% | 2.79% | 7.07% |
ROA
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| 6.64% | 6.88% | 6.09% | 6.71% | 8.82% | 10.84% | 8.80% | 5.78% | 3.04% | 7.70% |
ROIC
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| 8.32% | 12.44% | 8.56% | 18.01% | 9.51% | 16.63% | 15.56% | 8.33% | 3.68% | 9.03% |
ROE
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Bio-Techne Corp peers in Biotechnology
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| MDGL Madrigal Pharmaceuticals, Inc. | $11.9B | 0.0× | Compare |
| BMRN BioMarin Pharmaceutical Inc. | $12.0B | 159× | Compare |
| AXSM Axsome Therapeutics, Inc. | $10.3B | 0.0× | Compare |
| KRYS Krystal Biotech, Inc. | $10.2B | 41.9× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CORT Corcept Therapeutics Incorporated | $12.9B | 223× | Compare |
| HALO Halozyme Therapeutics, Inc. | $13.1B | 32.4× | Compare |
| BBIO BridgeBio Pharma, Inc. | $13.1B | 0.0× | Compare |
| SMMT Summit Therapeutics PLC | $13.1B | 0.0× | Compare |
TECH metrics, ten years each
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
Bio-Techne Corp (TECH) key facts
- Bio-Techne Corp (TECH) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
- Bio-Techne Corp’s revenue for fiscal 2026 (year ended June 2026) was $1.2 billion, roughly unchanged from fiscal 2025.
- Net income was $181.9 million, or $1.17 per share (basic), a net margin of 15.0%.
- As of September 25, 2026, TECH traded at $72.61, a market capitalization of $11.4 billion.
- At that price the stock trades at 62.1× trailing-twelve-month earnings and 9.3× sales.
- Bio-Techne Corp pays an annual dividend of $0.32 per share, a yield of 0.37%, with a payout ratio of 18.2%.
- Return on equity was 9.03% and debt-to-equity 0.09.
Bio-Techne Corp (TECH) Latest News
25 Sep
Bio-Techne shareholders approved Merck KGaA's cash takeover at $73 per share, valuing the company at about $11.3 billion including debt, while backing the sale but rejecting an attached executive-pay package. The stock closed at $72.57 on Sept. 24, about 43 cents below the offer. With the U.S. antitrust waiting period expired, regulatory clearance remains the main hurdle, especially outside the United States; most observers expect closing in late 2026 or early 2027. Bio-Techne sells lab reagents, proteins and antibodies with recurring customer demand, a stable but unglamorous niche that Merck KGaA aims to augment with its existing lab-supply business. The pay vote is advisory and non-binding, signaling owners' displeasure with executives' compensation relative to the deal; nevertheless, preparations for closing proceed pending remaining approvals. Acquisition by Merck KGaA at $73 per share with cross-border regulatory risk could materially alter Bio-Techne's trajectory and investor sentiment.
24 Sep
Bio-Techne Corp (TECH), an $11.4 billion life-science reagents and instruments supplier, posted Q4 results and market signals. Adjusted EPS of $0.52 matched estimates; revenue of $321.2 million beat expectations of $317.2 million. Over the past three months, the stock rose 28.9%, outperforming the Nasdaq's 5.3% gain; year-to-date up 23.3% and 52 weeks up 37%. The shares have traded above the 200-day moving average since late June and above the 50-day MA since early June. The company faces competition from Adaptive Biotechnologies, though cost controls and divestitures have improved GAAP margins and earnings. Analysts maintain a Hold rating with a mean price target of $71.08 and a Street-high of $78 (roughly 7.6% upside). An agreement to be acquired by Merck KGaA has boosted sentiment and supported a rally into late 2026 amid top-line headwinds. Acquisition by Merck KGaA could materially redefine TECH's strategic trajectory.
23 Sep
Bio-Techne shareholders approved and adopted Merck KGaA, Darmstadt, Germany’s proposed acquisition at a special meeting. Merck KGaA would acquire Bio-Techne, a Minnesota-based global life sciences tools and diagnostics provider, creating a combined company positioned to support customers from discovery through commercial manufacturing. Bio-Techne’s president and CEO Kim Kelderman framed the vote as delivering near-term cash value to shareholders and strategic scale for customers. The final voting results will be reported in an 8-K. The waiting period under Hart-Scott-Rodino expired September 18, 2026. The deal is expected to close by late 2026 or early 2027, subject to customary closing conditions and regulatory clearances. Bio-Techne generated over $1.2 billion in net sales in fiscal year 2025, with more than 500,000 products across 34 locations worldwide. Forward-looking statements cautions apply. Merck KGaA's acquisition represents a major strategic shift with substantial resources and integration potential that could materially alter Bio-Techne's trajectory.
Bio-Techne (TECH) has surged ~39.5% to $72.56 after a six-month run that beat the S&P 500 by about 21.5%. A StockStory analysis argues the rally is justified by quarterly results but warns the upside may be limited. The bear case centers on three flaws: slow organic growth of about 2.8% over the past two years, a small scale with roughly $1.22 billion in revenue restricting scale advantages in a regulated healthcare market, and a declining ROIC implying fewer high-return growth opportunities. With a forward P/E around 35.7x, much is already priced in, prompting a view that better opportunities exist elsewhere, including software stocks. The piece presents a sell thesis and points to alternative opportunities rather than Bio-Techne. Bear thesis cites slow organic growth, limited distribution scale, and declining ROIC, possibly dampening near-term investor sentiment.
22 Sep
Bio-Techne opened a flagship Customer Experience Center in Düsseldorf, Germany, creating a regional hub for the DACH and broader EMEA regions. The facility lets researchers, biopharma companies, and clinical labs explore Bio-Techne technologies, workflows, and expertise through hands-on demonstrations, with a focus on protein biology, spatial biology, cell therapy, molecular diagnostics, and analytical instrumentation. It serves as a learning and collaboration site, hosting workshops, training programs, and events to strengthen ties with universities, research institutes, and early-stage biotech companies. Positioned in a major European research hub, the center aims to accelerate discovery, translational work, and patient impact while supporting sustainable growth and future expansion. Bio-Techne CEO and local officials highlighted the investment as reinforcing Europe’s life sciences ecosystem. Establishes a strategic European hub that deepens customer engagement and collaboration, potentially boosting regional adoption and long-term growth.
Bio-Techne opened a flagship Customer Experience Center in Düsseldorf, creating a regional hub to bring European researchers closer to its technologies, workflows and scientific experts. The site serves the Germany, Austria and Switzerland (DACH) region and the broader Europe, Middle East and Africa (EMEA) area, enabling hands-on demonstrations of protein biology, spatial biology, cell therapy, molecular diagnostics and analytical instrumentation. Visitors can evaluate integrated workflows, gain training, and explore applications to accelerate discovery, translational research and clinical impact. Beyond customer engagement, the center will host workshops, leadership events and technical training, and strengthen collaboration with universities, research institutes and emerging biotech companies. Located in a refurbished, energy-efficient facility, it reinforces Bio-Techne’s European expansion and long-term investment. Bio-Techne operates 34 locations globally, with over 3,000 employees and net sales over $1.2 billion in fiscal 2026. Expands European footprint and strengthens customer engagement, potentially boosting future sales and collaborations in the DACH/EMEA region.
13 Aug
Bio-Techne Corp Q4 earnings met estimates as revenues surpassed forecasts, driving stock gains. Revenue beat with in-line earnings points to moderate short-term effects on operations and sentiment without shifting long-term trajectory.
12 Aug
Bio-Techne Corp (TECH) released its fourth quarter fiscal 2026 financial results. Quarterly results release can moderately affect near-term stock sentiment and financial outlook.
8 Jul
Bio-Techne launched an expanded R&D Systems portfolio of AI-engineered designer proteins. Expanded AI-engineered protein portfolio moderately strengthens Bio-Techne product innovation and positioning.
26 Jun
Merck KGaA will acquire Bio-Techne Corp in an $11.3 billion deal. Merck KGaA's $11.3 billion acquisition ends Bio-Techne's independence and redirects its market trajectory under new ownership.
Bio-Techne Corp agrees to $11.5 billion buyout by Merck KGaA. $11.5 billion acquisition by Merck KGaA ends Bio-Techne independence and resets its long-term trajectory.
Bio-Techne Corp stock rises on $11 billion development expected to drive major revenue growth and market expansion. $11 billion transaction represents major strategic move likely to significantly boost long-term growth trajectory.
Germany’s Merck enters $11.3B deal with Bio-Techne Corp to expand its life sciences business. $11.3B Merck deal marks major strategic move that could significantly alter Bio-Techne trajectory and investor sentiment.
25 Jun
Bio-Techne shares surge 20% on announcement of $11.3B merger with Merck. $11.3B Merck merger transforms Bio-Techne's competitive position and long-term outlook.
Merck KGaA announced a $73-per-share cash acquisition offer for Bio-Techne Corp, triggering a surge in TECH shares on June 25. Merck KGaA's $73-per-share cash acquisition offer ends Bio-Techne's independent operations and resets its valuation and strategic direction.
Bio-Techne Corp ranks among top S&P 500 stocks. Germany’s Merck is acquiring the company at a 24% premium. Merck acquisition at 24% premium will end Bio-Techne’s independent operations and reset its valuation.
Bio-Techne leads S&P 500 gains after Merck agrees to buy the company at a 24% premium. Merck's acquisition at a 24% premium fundamentally ends Bio-Techne's independent operations and resets its valuation.
Merck KGaA is acquiring Bio-Techne Corp for $11.3 billion to expand its life science footprint. Full acquisition by Merck KGaA for $11.3bn ends Bio-Techne independence and resets its trajectory.
Germany's Merck is acquiring Bio-Techne Corp in an $11.3 billion deal. The $11.3 billion acquisition by Merck ends Bio-Techne's independent status and reshapes its future prospects.
Germany's Merck is acquiring Bio-Techne for $11.3 billion. Full acquisition by Merck at $11.3 billion fundamentally changes Bio-Techne ownership and strategic direction.
Germany’s Merck acquires Bio-Techne Corp in an $11.3 billion deal. The $11.3 billion acquisition by Merck ends Bio-Techne's independent operations and resets its market trajectory.
Merck KGaA agrees to acquire Bio-Techne, strengthening its leadership position in fast-growing life sciences markets. Acquisition by Merck KGaA fundamentally alters Bio-Techne's independent status and long-term trajectory.
15 Jun
Bio-Techne partners with Refeyn on bispecific antibody analysis, influencing TECH stock valuation. Collaboration adds antibody analysis capabilities with moderate effect on Bio-Techne operations and positioning.
8 Jun
Bio-Techne launches new bispecific antibody characterization workflow that may strengthen its investment case. New workflow launch targets high-value antibody research segment and could shift competitive positioning.
4 Jun
Bio-Techne partners with Refeyn to close a critical gap in bispecific antibody and biosimilar characterization. Partnership strengthens Bio-Techne analytical offerings in antibody development and biosimilars.
13 May
Bio-Techne's earnings show bright spots amid ongoing challenges, with improved margins and growth in certain segments offsetting weaker areas like proteomics. Bright spots in earnings signal moderate improvements in key financial metrics but are tempered by persistent headwinds.
7 May
Bio-Techne Corp's Q3 earnings call highlights key financial results, operational updates, and forward guidance for the biotechnology firm. Q3 earnings highlights detail financial performance, growth metrics, and strategic outlook that significantly influence investor sentiment and stock trajectory.
6 May
Bio-Techne Corporation released Q3 2026 earnings call summary detailing financial performance, operational updates, and future outlook. Earnings call summaries reveal financial results and strategic guidance that significantly shape investor expectations and stock trajectory.
Bio-Techne Corp (TECH) released the transcript of its Q3 2026 earnings call, detailing financial results, operational updates, and forward guidance. Q3 2026 earnings transcript discloses quarterly financials, strategic updates, and outlook that can significantly sway investor sentiment and stock trajectory.
Bio-Techne Corp (TECH) shares rose 5.9% after profits increased despite slightly lower sales, highlighting resilient margins and future growth prospects. Higher profits offset lower sales to drive stock gains, impacting financial performance moderately amid balanced operational signals.