Revvity: Despite Facing Multiple Headwinds, Shares Are A Buy

Summary

  • Revvity faces multiple headwinds including declining biotech funding, regulatory uncertainty, and reduced academic research budgets.
  • Despite challenges, Revvity's Q1 results beat expectations and the company maintained full-year guidance.
  • While I rate Revvity a buy, it faces some structural challenges longer-term.
  • I see most of the life sciences sector as being on deep discount right now. Revvity is attractive but not my top pick within the space.

Female forensic technician collecting biological specimen in DNA

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It's been an absolutely dismal couple of years for the life sciences industry. It seems like since 2023, we've always been six months away from an industry recovery. We've seen numerous reports of purported green shoots for the

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Ian Bezek is a former hedge fund analyst at Kerrisdale Capital. He has spent the decade living in Latin America, doing the boots-on-the ground research for investors interested in markets such as Mexico, Colombia, and Chile. He also specializes in high-quality compounders and growth stocks at reasonable prices in the US and other developed markets.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of DHR, BRKR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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