Quidelortho Corpoation ($QDEL) Stock Forecast: Down 5.1% Today

What is Quidelortho Corpoation?

Quidel Corporation (QDEL) is a healthcare company that specializes in diagnostic healthcare solutions. Today, the stock experienced a strong bearish movement.

Why is Quidelortho Corpoation going down?

QDEL stock is down 5.1% on Jun 6, 2025 17:15

• QDEL stock has been on a downward trend since the last earnings report, with a decline of 18%. This negative performance could be contributing to today's bearish movement.
• The overall market sentiment seems mixed, with U.S. stock futures slightly higher and the Dow gaining around 0.1%. However, specific companies like CrowdStrike Holdings, Inc. are experiencing sharp falls after reporting their first-quarter results. This negative sentiment in the tech sector could be impacting QDEL's stock price as well.
• Investors might be cautious about QDEL's future performance, especially considering the uncertainty surrounding earnings estimates. This uncertainty could be adding to the bearish pressure on the stock.

QDEL Price Chart

QDEL Technical Analysis

QDEL News

QuidelOrtho ( QDEL ) Down 18% Since Last Earnings Report: Can It Rebound?

QuidelOrtho (QDEL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

https://www.zacks.com/stock/news/2487617/quidelortho-qdel-down-18-since-last-earnings-report-can-it-rebound

CrowdStrike, Asana And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session - Asana ( NYSE:ASAN ) , ATAI Life Sciences ( NASDAQ:ATAI )

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Wednesday. Shares of CrowdStrike Holdings, Inc. CRWD fell sharply in today's pre-market trading after the company reported first-quarter results.

https://www.benzinga.com/trading-ideas/movers/25/06/45765188/crowdstrike-asana-and-other-big-stocks-moving-lower-in-wednesdays-pre-market-session

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Quidelortho Corpoation Price History

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.

08.04.2025 - QDEL Stock was up 38.6%

• QDEL stock experienced a bullish movement today.
• The strong bullish movement can be attributed to QDEL's Q1 earnings beat and the expansion of margins.
• Despite soft overall top-line results, the solid performances by the Labs and Immunohematology units, as well as growth in the EMEA and Other regions, contributed to the positive market sentiment.
• Investors seem optimistic about QDEL's future prospects following the earnings and revenue surprises in the first quarter of 2025.

08.04.2025 - QDEL Stock was up 28.5%

• QDEL showed strong bullish movement today due to the company's impressive Q1 earnings and revenue results, surpassing analyst estimates.
• The 27.59% earnings surprise and 0.30% revenue beat have boosted investor confidence in the company's growth prospects.
• Positive financial performance indicates high demand for QDEL's diagnostic healthcare solutions, positioning the stock well in the market.

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.

04.05.2025 - QDEL Stock was up 7.2%

• QDEL displayed a significant bullish movement, possibly influenced by favorable news or financial outcomes.
• The general bullish sentiment in the market likely played a role in driving QDEL's stock price higher.
• Despite challenges faced by other companies such as CrowdStrike during pre-market trading, QDEL's outstanding performance captured investors' attention and resulted in a surge in its stock price.
• Investors' favorable response to QDEL's strategic moves, product advancements, or market positioning could have contributed to the positive trend in the stock.

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.

02.04.2025 - QDEL Stock was up 5.2%

• Today's bullish movement in QDEL stock can be attributed to the following factors:
• Expectations of strong earnings growth for QDEL, with the company possessing the right ingredients for a likely earnings beat in the upcoming period.
• Positive sentiment in the overall MedTech sector, with companies like QDEL, HIMS, GMED, and HAE expected to outshine Q1 earnings estimates.
• Investors are likely optimistic about QDEL's performance given the overall recovery in the base business on a year-over-year basis in the MedTech industry.

21.04.2025 - QDEL Stock was down 5.1%

• Despite QDEL's strong product portfolio and growth prospects, the stock experienced a bearish movement today.
• Investors might have reacted to broader market trends or specific industry news, causing a sell-off in QDEL shares.
• It's possible that profit-taking or concerns about future performance overshadowed the positive aspects.
• Traders might be reevaluating their positions in QDEL amidst market uncertainties, leading to the bearish movement despite the company's growth potential.

30.03.2025 - QDEL Stock was down 5.1%

• The bearish movement in QDEL stock today could be attributed to profit-taking by investors ahead of the upcoming earnings report.
• Despite expectations of strong earnings growth, market sentiment may have been influenced by broader economic concerns or sector rotation.
• Investors might be cautious due to uncertainties surrounding the company's future guidance or potential challenges in the healthcare industry.
• It's possible that some traders are adjusting their positions based on short-term market dynamics rather than the long-term growth prospects of QDEL.

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.

06.05.2025 - QDEL Stock was down 5.1%

• QDEL stock has been on a downward trend since the last earnings report, with a decline of 18%. This negative performance could be contributing to today's bearish movement.
• The overall market sentiment seems mixed, with U.S. stock futures slightly higher and the Dow gaining around 0.1%. However, specific companies like CrowdStrike Holdings, Inc. are experiencing sharp falls after reporting their first-quarter results. This negative sentiment in the tech sector could be impacting QDEL's stock price as well.
• Investors might be cautious about QDEL's future performance, especially considering the uncertainty surrounding earnings estimates. This uncertainty could be adding to the bearish pressure on the stock.