Bio-Techne Corp logo

Bio-Techne Corp(TECH)

upturn advisory logo
ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
2-STAR RATING
Consider higher Upturn Star rating
BUY for 71 days
PROFIT SINCE LAST BUY
+29.87% ▲
LAST CLOSE
$72.61
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close

Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for TECH

09/25/2026: TECH (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Bio-Techne Corp is a specialized provider of life science reagents, analytical instruments, and clinical diagnostics, functioning primarily as a critical supplier to the biopharmaceutical and academic research markets. The company is known for its high-margin consumable business, particularly in protein research, which offers revenue stability. Its primary growth story revolves around its expansion into high-growth areas like spatial biology and cell therapy manufacturing. Investors must consider risks such as cyclical funding for research and intense competition from larger industry peers. Bio-Techne may best suit growth-oriented investors looking for exposure to the tools and infrastructure underpinning scientific innovation, with a focus on tracking R&D spend trends.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company targets high-growth segments like spatial biology and cell therapy manufacturing.
Momentum investorMixed fitMomentum is conditional on a sustained upturn in biopharma R&D spending signals.
Value investorMixed fitValuation often trades at a premium due to high-quality growth expectations.
Dividend investorWeak fitDividends are provided but are not the primary driver of total shareholder returns.
Low-risk investorMixed fitWhile quality is high, equity volatility is inherent to the life sciences tools sector.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highBiotech market sentiment can lead to rapid price swings.
Valuation riskMediumHigh P/E ratios can compress if growth slows.
Competition risk (Diversified Life Science Tools)HighLarge competitors like Thermo Fisher have superior scale.
Business qualityStrongStrong recurring revenue from consumables provides a solid floor.
Dividend incomeLowIncome is not a significant component of the investment thesis.
Execution riskMediumSuccessful integration of acquired technologies is critical.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit -50.11%
Avg. Invested days 23
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
TECH receives a 4-star rating, supported by solid unit economics, solid company fundamentals, and solid analyst coverage. The rating is constrained by weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
TECH has solid overall fundamentals (4 stars), with solid financial health, solid growth momentum, and solid ownership. In FY2026 versus FY2025, strong earnings growth (+147.8%) and strong cash generation (FCF margin 21.7%) are partially offset by slightly negative revenue growth (-0.4%), very low insider ownership of 0.33%.

Financial Health Rating

★★★★★
TECH's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 21.7%). Operating efficiency is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is TECH's strongest growth driver at +147.8% FY2026 versus FY2025 (strong, 5 stars). By comparison, while revenue growth (-0.4%, slightly negative) and free-cash-flow growth (+2.6%, moderate) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 115.1% and approximately 99.6% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.33%, which materially reduces the ownership score.

Top 5 Institutional Investors

BlackRock Inc 7.82%
Vanguard Capital Management, LLC 6.49%
Morgan Stanley - Brokerage Accounts 5.44%
FMR Inc 5.04%
HBK INVESTMENTS L P 4.35%

Unit Economics (Per $1K Revenue)

★★★★★
TECH generates approximately $658 of gross profit, $207 of operating income, and $217 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 24.44%

Quantitative Style Profile

★★★★★
TECH has a high-quality, large-cap, liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Quality TiltHigh VolatilityLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 11.39B USD
Price to earnings Ratio 62.59
1Y Target Price 70.73
Price to earnings Ratio 62.59
1Y Target Price 70.73
Volume (30-day avg) 2.8M shares
Beta 1.27
52 Weeks Range 43.02 - 72.69
Updated Date 09/27/2026
52 Weeks Range 43.02 - 72.69
Updated Date 09/27/2026
Dividends yield (FY) 0.44%
Basic EPS (TTM) 1.16

How Company Makes Money

Business areaWhat it includesRetail investor read
Protein SciencesCytokines, antibodies, and immunoassay kits.The reliable core of the business that researchers buy daily.
Diagnostics and GenomicsClinical controls, RNAscope, and spatial biology platforms.Higher-growth segments focused on advanced clinical insights.
GeographySales across North America, Europe, and Asia-Pacific.Global diversification buffers against regional funding shifts.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Advertisement

Valuation

Trailing PE 62.59
Forward PE 34.6
Enterprise Value 11.40B
Price to Sales(TTM) 9.37
Enterprise Value 11.40B
Price to Sales(TTM) 9.37
Enterprise Value to Revenue 9.38
Enterprise Value to EBITDA 32.79
Shares Outstanding 156.82M
Shares Floating 156.16M
Shares Outstanding 156.82M
Shares Floating 156.16M
Percent Insiders 0.33
Percent Institutions 115.12

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Bio-Techne Corp

Exchange NASDAQ
Headquarters Minneapolis, MN, United States
IPO Launch date 1989-02-09
CEO, President & Director Mr. Kim Kelderman
Sector Healthcare
Industry Biotechnology
Full time employees 3000
Full time employees 3000

Bio-Techne Corporation, together with its subsidiaries, develops, manufactures, and sells life science reagents, instruments, and services for the research, diagnostics, and bioprocessing markets worldwide. It operates through two segments, Protein Sciences, and Diagnostics and Spatial Biology. The Protein Sciences segment develops and manufactures biological reagents used in various aspects of life science research, diagnostics, and cell and gene therapy, such as cytokines and growth factors, antibodies, small molecules, tissue culture sera, and cell selection technologies. This segment also offers proteomic analytical tools for automated western blot and multiplexed ELISA workflow consists of manual and automated protein analysis instruments and immunoassays for use in quantifying proteins in various biological fluids. Its Diagnostics and Genomics segment develops and manufactures diagnostic products, including controls, calibrators, and diagnostic assays for regulated diagnostics market, advanced tissue-based in-situ hybridization assays for spatial genomic and tissue biopsy analysis, and genetic and oncology kits for research and clinical applications; and sells products for genetic carrier screening, oncology diagnostics, molecular controls, and research, as well as instruments and process control products for hematology, blood chemistry and gases, and coagulation controls and reagents used in various diagnostic applications. The company was formerly known as Techne Corporation and changed its name to Bio-Techne Corporation in November 2014. Bio-Techne Corporation was incorporated in 1976 and is headquartered in Minneapolis, Minnesota.