Quidelortho Corpoation ($QDEL) Stock Forecast: Down 7.1% Today

What is Quidelortho Corpoation?

Quidel Corporation (QDEL) is a company specializing in diagnostic healthcare solutions, including rapid diagnostic testing.

Why is Quidelortho Corpoation going down?

QDEL stock is down 7.1% on Apr 10, 2025 18:04

• The surge in QDEL's stock price might have been driven by the positive sentiment surrounding its strong product portfolio.
• However, the bearish movement today could be attributed to profit-taking by investors after a significant surge.
• The uncertainty regarding the stock's ability to sustain further gains due to the latest trend in earnings estimate revisions might have also contributed to the bearish movement.
• Overall, while QDEL has shown growth potential, short-term fluctuations in the market sentiment and earnings outlook can lead to bearish movements like the one observed today.

QDEL Price Chart

QDEL Technical Analysis

QDEL News

QuidelOrtho ( QDEL ) Surges 10.1%: Is This an Indication of Further Gains?

QuidelOrtho (QDEL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

https://www.zacks.com/stock/news/2444135/quidelortho-qdel-surges-101-is-this-an-indication-of-further-gains

Reasons to Retain QuidelOrtho Stock in Your Portfolio for Now

QDEL continues to witness growth on the back of its strong product portfolio.

https://www.zacks.com/stock/news/2442848/reasons-to-retain-quidelortho-stock-in-your-portfolio-for-now

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Quidelortho Corpoation Price History

08.10.2024 - QDEL Stock was up 11.3%

• QDEL's strong bullish movement today is due to the company surpassing Q3 earnings and revenue estimates by a notable margin.
• An earnings surprise of 174.19% and a revenue surprise of 12.75% have probably increased investor confidence in the company's performance.
• This favorable financial report suggests promising growth opportunities for QDEL, potentially attracting more investor attention and driving up the stock price during today's trading session.

08.10.2024 - QDEL Stock was up 12.5%

• QDEL stock experienced a strong bullish movement today.
• The company reported impressive third-quarter earnings and revenue results, surpassing analyst estimates by a significant margin.
• Despite a decline in gross margin, the growth in non-respiratory revenues and cost-cutting measures contributed to the positive performance.
• Investors are optimistic about QDEL's future prospects as the company continues to outperform expectations and demonstrate resilience in a challenging market environment.

22.10.2024 - QDEL Stock was up 5.1%

• Quidel's stock experienced a strong bullish movement today despite significant shares being sold in an underwritten secondary offering.
• The positive market sentiment towards Quidel could be attributed to the company not selling any shares itself, indicating confidence in its current position and future prospects.
• Additionally, the bearish movement of Powell Industries (NASDAQ: POWL) due to weak sales could have led investors to shift their focus towards Quidel, viewing it as a more promising investment option in the healthcare sector.
• Overall, Quidel's resilience in the face of external selling pressure and the contrast with Powell Industries' performance likely contributed to its bullish movement today.

05.08.2024 - QDEL Stock was up 5.2%

• The bullish movement in QDEL's stock price today is linked to the FDA's approval of its new VITROS syphilis assay, which broadens its range of infectious disease testing options.
• Investor optimism may also be contributing to this positive trend, stemming from the company's recent earnings report that highlighted its performance and growth potential.
• The combined effect of the new product clearance and promising financial outlook is likely boosting investor confidence in QDEL, leading to the stock's strong upward movement.

13.10.2024 - QDEL Stock was down 6.2%

• Despite beating earnings and revenue estimates in Q3, QDEL stock saw a strong bearish movement, indicating that the market may have had different expectations.
• The rise in AirSculpt Technologies (NASDAQ:AIRS) and the warning about potential plunging health care stocks could have influenced investor sentiment towards QDEL.
• The decline in gross margin in Q3, despite the positive revenue growth, might have raised concerns among investors about the company's profitability.
• Overall, the market movement of QDEL today could be attributed to a combination of profit-taking after the earnings beat, concerns about margins, and broader sector trends affecting health care stocks.

14.00.2025 - QDEL Stock was down 7.0%

• Despite solid preliminary fourth-quarter revenues meeting expectations, QDEL's stock experienced a bearish movement.
• The market might have been expecting even higher revenues or growth projections, leading to a sell-off.
• Investors could be concerned about future demand for COVID-19 testing products as vaccination rates increase, impacting QDEL's revenue potential.
• The bearish movement could also be influenced by broader market trends or sector rotation, causing investors to reallocate their funds away from healthcare stocks like QDEL.

13.01.2025 - QDEL Stock was up 5.2%

• QDEL surpassed estimates with its Q4 earnings and revenues, demonstrating robust financial performance.
• The company's 14.55% earnings surprise and 0.79% revenue beat likely bolstered investor confidence in its growth prospects.
• The strong results indicate high demand for QDEL's diagnostic healthcare solutions, potentially driving the positive stock movement.
• Based on its strong financial performance and growth potential in the healthcare sector, investors may see QDEL as an appealing investment opportunity.

10.03.2025 - QDEL Stock was down 7.1%

• The surge in QDEL's stock price might have been driven by the positive sentiment surrounding its strong product portfolio.
• However, the bearish movement today could be attributed to profit-taking by investors after a significant surge.
• The uncertainty regarding the stock's ability to sustain further gains due to the latest trend in earnings estimate revisions might have also contributed to the bearish movement.
• Overall, while QDEL has shown growth potential, short-term fluctuations in the market sentiment and earnings outlook can lead to bearish movements like the one observed today.

11.06.2024 - QDEL Stock was up 5.8%

• The bullish movement in QDEL stock could be attributed to the Carlyle Group entities selling over $2.5 million in QuidelOrtho shares.
• This selling activity might have been perceived positively by investors as it could indicate confidence in the company's performance and future prospects.
• The market may have interpreted this move as a strategic decision by Carlyle Group entities, potentially leading to increased investor interest and driving the stock price higher.

16.06.2024 - QDEL Stock was up 5.4%

• Quidel experienced a strong bullish movement possibly due to positive market sentiment towards the healthcare sector.
• The selling of over $2.5 million in QuidelOrtho shares by Carlyle Group entities might have initially caused some uncertainty in the market, but the stock managed to overcome this and surge upwards.
• Mention of National Vision experiencing strength might have contributed to a positive outlook on the healthcare industry as a whole, benefiting Quidel's stock price.
• Despite potential concerns about earnings estimate revisions for National Vision, investors may have viewed Quidel as a more promising investment option, leading to its notable increase in value.

23.06.2024 - QDEL Stock was up 5.0%

• QuidelOrtho's strong product portfolio has raised optimism about the stock, contributing to its bullish movement today.
• The news of Carlyle Group entities selling shares in QuidelOrtho worth over $5.7 million did not seem to have a significant negative impact on the stock's performance, indicating strong underlying bullish sentiment.
• Investors seem to be focusing more on the positive aspects of QuidelOrtho's product portfolio rather than the selling of shares by Carlyle Group entities, driving the stock higher.

15.07.2024 - QDEL Stock was up 5.4%

• Quidel Corporation (QDEL) experienced a strong bullish movement today.
• Suggestions of potential activist campaigns and investigations by legal firms against Quidel Corporation have emerged.
• Market sentiment could be influenced by the company's response to these challenges, demonstrating resilience and operational strength.
• Investors may be optimistic about Quidel's prospects in handling legal issues, which could be driving the upward momentum in the stock price.