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QuidelOrtho Corp (QDEL) Stock Fundamental Analysis & AI Rating 2026

QDEL Nasdaq In Vitro & In Vivo Diagnostic Substances CIK: 0001906324
Recently Updated • Analysis: May 7, 2026 • SEC Data: 2026-03-29
Combined AI Rating
SELL
82% Confidence
N/A
SELL
82% Conf
Pending
Analysis scheduled

📊 QDEL Key Takeaways

Revenue: $619.8M
Net Margin: -14.8%
Free Cash Flow: $-67.0M
Current Ratio: 1.43x
Debt/Equity: 1.33x
EPS: $-1.35
AI Rating: SELL with 82% confidence
QuidelOrtho Corp (QDEL) receives a SELL rating with 82% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $619.8M, net profit margin of -14.8%, and return on equity (ROE) of -5.0%, QuidelOrtho Corp demonstrates mixed fundamentals in the Healthcare sector. Below is our complete QDEL stock analysis for 2026.

Is QuidelOrtho Corp (QDEL) a Good Investment?

Claude

QuidelOrtho is unprofitable with negative operating cash flow (-33M), declining revenue (-1.9% YoY), and material cash burn (FCF -67M). Elevated debt burden (1.33x D/E, 2.5B LT debt) combined with negative fundamentals creates significant financial stress with limited runway at current burn rates.

Why Buy QuidelOrtho Corp Stock? QDEL Key Strengths

Claude
  • + Solid asset base of 5.6B with meaningful equity cushion of 1.9B
  • + Adequate current ratio of 1.43x provides near-term operating flexibility
  • + EPS improved 45.4% YoY suggesting trajectory from losses toward breakeven

QDEL Stock Risks: QuidelOrtho Corp Investment Risks

Claude
  • ! Persistent operating losses (-31.8M operating income) with negative FCF (-67M) signals structural profitability challenges
  • ! Revenue contraction of 1.9% YoY indicates declining market demand or market share losses in diagnostics segment
  • ! High leverage (1.33x D/E) with negative cash generation creates unsustainable debt service risk; ~2 year cash runway at current burn rate
  • ! Quick ratio of 0.80x signals liquidity constraints beyond operating liabilities

Key Metrics to Watch

Claude
  • * Operating cash flow trend and path to positive cash generation
  • * Revenue growth stabilization and gross margin recovery
  • * Debt reduction progress and refinancing sustainability

QuidelOrtho Corp (QDEL) Financial Metrics & Key Ratios

Revenue
$619.8M
Net Income
$-91.8M
EPS (Diluted)
$-1.35
Free Cash Flow
$-67.0M
Total Assets
$5.6B
Cash Position
$140.4M

💡 AI Analyst Insight

QuidelOrtho Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

QDEL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -5.1%
Net Margin -14.8%
ROE -5.0%
ROA -1.6%
FCF Margin -10.8%

QDEL vs Healthcare Sector: How QuidelOrtho Corp Compares

How QuidelOrtho Corp compares to Healthcare sector averages

Net Margin
QDEL -14.8%
vs
Sector Avg 12.0%
QDEL Sector
ROE
QDEL -5.0%
vs
Sector Avg 15.0%
QDEL Sector
Current Ratio
QDEL 1.4x
vs
Sector Avg 2.0x
QDEL Sector
Debt/Equity
QDEL 1.3x
vs
Sector Avg 0.6x
QDEL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is QuidelOrtho Corp Stock Overvalued? QDEL Valuation Analysis 2026

Based on fundamental analysis, QuidelOrtho Corp shows some fundamental concerns relative to the Healthcare sector in 2026.

Return on Equity
-5.0%
Sector avg: 15%
Net Profit Margin
-14.8%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.33x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

QuidelOrtho Corp Balance Sheet: QDEL Debt, Cash & Liquidity

Current Ratio
1.43x
Quick Ratio
0.80x
Debt/Equity
1.33x
Debt/Assets
67.1%
Interest Coverage
N/A
Long-term Debt
$2.5B

QDEL Revenue & Earnings Growth: 5-Year Financial Trend

QDEL 5-year financial data: Year 2022: Revenue $3.3B, Net Income $810.3M, EPS $18.60. Year 2023: Revenue $3.3B, Net Income $704.2M, EPS $16.43.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: QuidelOrtho Corp's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-0.15 indicates the company is currently unprofitable.

QDEL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-10.8%
Free cash flow / Revenue

QDEL Quarterly Earnings & Performance

Quarterly financial performance data for QuidelOrtho Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $619.8M -$12.7M $-0.19
Q3 2025 $699.9M -$12.7M $-0.30
Q2 2025 $613.9M -$12.7M $-2.20
Q1 2025 $692.8M -$12.7M $-0.19
Q3 2024 $727.1M -$12.7M $-0.19
Q2 2024 $637.0M -$4.4M $-0.07
Q1 2024 $711.0M $48.8M $0.73
Q3 2023 $744.0M -$12.7M $-0.19

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

QuidelOrtho Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$33.0M
Cash generated from operations
Capital Expenditures
$34.0M
Investment in assets
Dividends
None
No dividend program

QDEL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for QuidelOrtho Corp (CIK: 0001906324)

📋 Recent SEC Filings

Date Form Document Action
May 6, 2026 10-Q qdel-20260329.htm View →
May 5, 2026 8-K qdel-20260505.htm View →
Apr 28, 2026 4 xslF345X06/wk-form4_1777407132.xml View →
Apr 28, 2026 4 xslF345X06/wk-form4_1777407049.xml View →
Apr 27, 2026 DEF 14A qdel-20260427.htm View →

Frequently Asked Questions about QDEL

What is the AI rating for QDEL?

QuidelOrtho Corp (QDEL) has an AI rating of SELL with 82% confidence, based on fundamental analysis of SEC EDGAR filings.

What are QDEL's key strengths?

Claude: Solid asset base of 5.6B with meaningful equity cushion of 1.9B. Adequate current ratio of 1.43x provides near-term operating flexibility.

What are the risks of investing in QDEL?

Claude: Persistent operating losses (-31.8M operating income) with negative FCF (-67M) signals structural profitability challenges. Revenue contraction of 1.9% YoY indicates declining market demand or market share losses in diagnostics segment.

What is QDEL's revenue and growth?

QuidelOrtho Corp reported revenue of $619.8M.

Does QDEL pay dividends?

QuidelOrtho Corp does not currently pay dividends.

Where can I find QDEL SEC filings?

Official SEC filings for QuidelOrtho Corp (CIK: 0001906324) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is QDEL's EPS?

QuidelOrtho Corp has a diluted EPS of $-1.35.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is QDEL a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, QuidelOrtho Corp has a SELL rating with 82% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is QDEL stock overvalued or undervalued?

Valuation metrics for QDEL: ROE of -5.0% (sector avg: 15%), net margin of -14.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy QDEL stock in 2026?

Our dual AI analysis gives QuidelOrtho Corp a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is QDEL's free cash flow?

QuidelOrtho Corp's operating cash flow is $-33.0M, with capital expenditures of $34.0M. FCF margin is -10.8%.

How does QDEL compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -14.8% (avg: 12%), ROE -5.0% (avg: 15%), current ratio 1.43 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 7, 2026 | Data as of: 2026-03-29 | Powered by Claude AI