Vijay Kumar, an analyst from Evercore ISI, maintained the Hold rating on Orasure Technologies (OSUR – Research Report). The associated price target remains the same with $3.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Vijay Kumar has given his Hold rating due to a combination of factors impacting Orasure Technologies. The recent acquisition of 23andMe by REGN is a positive development, as it removes the risk of losing 23andMe as a customer. This acquisition ensures that 23andMe will continue to contribute to Orasure’s revenue, which was previously at risk of dropping to zero.
Despite this positive news, the visibility into future stocking dynamics remains limited, which could result in a less than expected contribution from 23andMe throughout the rest of 2025. Consequently, while there is potential for modest upside, the uncertainties in revenue projections justify maintaining a Hold rating with a target price of $3.00.