Stock Track | Neogen Corp Soars 18.56% in Pre-Market on Strong Q2 Results and Raised FY 2026 Guidance

Stock Track

01/08

Neogen Corp (NEOG) surged 18.56% in pre-market trading following the release of its second-quarter financial results, which exceeded analyst expectations. The company also raised its full-year revenue and adjusted EBITDA guidance, fueling investor optimism.

Neogen reported Q2 revenue of $224.691 million, surpassing the IBES estimate of $207.3 million and the FactSet estimate of $207.7 million. The strong performance was driven by robust demand for its products and services, reflecting the company's operational efficiency and market positioning.

Additionally, Neogen raised its FY 2026 revenue outlook to $845-855 million and adjusted EBITDA guidance to $175 million. The upward revision signals confidence in continued growth and profitability, which has resonated positively with traders and analysts alike.

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