Bullish Case: DGX's new product launches and acquisitions offer substantial growth potential, while resilient base business revenues indicate market confidence despite prior COVID-19 testing declines.


Bearish Case: Ongoing decline in COVID-19 test revenues and market volatilities raise concerns, possibly overshadowing gains from new ventures and acquisitions.


Potential Outcomes:

1. New tests gain market share, boosting revenue (40%).

2. COVID revenue decline continues, impacting earnings (30%).

3. Product integration issues or market rejection affects performance (30%).


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April 23, 2024


Quest Diagnostics Forecast

DGX        Quest Diagnostics
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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