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QuidelOrtho ( (QDEL) ) has provided an update.
At the Annual Meeting, QuidelOrtho‘s stockholders approved significant changes to the company’s equity incentive plan, increasing the number of shares authorized for issuance by 6,200,000 and extending the plan’s term to 2035. Additionally, the stockholders elected eleven directors to the board, approved executive compensation, and ratified KPMG LLP as the independent auditor for the 2025 fiscal year.
The most recent analyst rating on (QDEL) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on QuidelOrtho stock, see the QDEL Stock Forecast page.
Spark’s Take on QDEL Stock
According to Spark, TipRanks’ AI Analyst, QDEL is a Neutral.
The overall stock score is influenced primarily by the company’s financial performance and earnings call. While there are challenges in profitability and valuation due to recent losses, improvements in cash flow and cost-saving initiatives provide some positive outlook. Technical indicators suggest a bearish trend, and the absence of a dividend yield limits valuation appeal. The earnings call provided confidence in strategic mitigation of challenges, contributing to a balanced score.
To see Spark’s full report on QDEL stock, click here.
More about QuidelOrtho
Average Trading Volume: 1,438,691
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.01B
Learn more about QDEL stock on TipRanks’ Stock Analysis page.