Labcorp (LH)

• Market cap: $22.9B
• 1 day: 0.72%
• 5 days: 0.8%
• 1 month: 2.06%
• 3 months: 6.41%
• 6 months: 14.82%
• Year to date: 20.98%
• 1 year: 21.61%
• 5 years: 75.54%
• 10 years: 166.79%
• Sector: Healthcare
• Industry: Diagnostics & Research

About: Labcorp is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.

Employees: 70,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

32% more call options, than puts

Call options by funds: $79.4M | Put options by funds: $60.2M

18% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 90

17% more capital invested

Capital invested by funds: $17.9B [Q1] → $21B (+$3.11B) [Q2]

3.74% more ownership

Funds ownership: 91.79% [Q1] → 95.53% (+3.74%) [Q2]

0% more funds holding

Funds holding: 959 [Q1] → 959 (+0) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 13 [Q1] → 13 (+0) [Q2]

6% less repeat investments, than reductions

Existing positions increased: 337 | Existing positions reduced: 357

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $275
• Avg. target: $300
• High target: $310

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

Truist Securities David Macdonald	$310	Buy Maintained	25 Jul 2025
UBS Kevin Caliendo	$305	Buy Maintained	25 Jul 2025
Evercore ISI Group Elizabeth Anderson	$300	Outperform Maintained	25 Jul 2025
Morgan Stanley Ricky Goldwasser	$306	Overweight Maintained	25 Jul 2025
Baird Eric Coldwell	$302	Outperform Maintained	25 Jul 2025