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IQV

SHORT

IQVIA HLDGS INC

Funds
3
Score
3.00
vs SPY
-9.5%
Stock return (since Q-end)
+6.8%
SPY return (since Q-end)
+16.3%
Current price
$182.21

News Summary

Positive

IQVIA delivered a solid Q1 2026 beat with 8.4% revenue growth and raised full-year EPS guidance, while launching the strategic IQVIA.ai platform with NVIDIA and expanding its backlog to $34.2B. However, recent analyst downgrades from Morgan Stanley and Evercore ISI signal Wall Street concerns about growth momentum and profitability trajectory, creating a mixed outlook despite strong operational execution.

Red flags

  • Evercore ISI cut price target 18% from $225 to $185, signaling analyst skepticism on growth pace
  • Morgan Stanley reduced price target 6% from $240 to $225, indicating valuation pressure
  • Net leverage ratio at 3.62x remains elevated despite strong FCF growth
  • R&DS segment organic growth (4.2% constant currency) slowing relative to Commercial Solutions (8.5%)

Funds Reducing / Exiting (3)

FundManagerShares Held∆ SharesPosition ValueQoQStatus
Viking GlobalAndreas Halvorsen0-100%EXITED
Glenview CapitalLarry Robbins0-100%EXITED
Appaloosa LPDavid Tepper0-100%EXITED

Shares Held reflects quarter-end positions for partial reductions. Funds that fully exited show 0 shares held. ∆ Shares is the change from the prior quarter.