Analyst Ratings February 3, 2026

KeyBanc Sticks With Overweight on Revvity, Cites Buybacks and Q4 Momentum

Analyst holds $125 target as Revvity posts Q4 EPS and revenue beats despite conservative FY26 organic growth guide

By Ajmal Hussain RVTY
KeyBanc Sticks With Overweight on Revvity, Cites Buybacks and Q4 Momentum
RVTY

KeyBanc has reaffirmed an Overweight rating on Revvity Inc (NYSE: RVTY) and set a $125 price target, signaling roughly 16.7% upside from the current share price. The firm maintained its positive view even after Revvity guided fiscal 2026 organic growth of 2-3%, noting stronger end-of-year momentum and opportunities from accelerated share buybacks.

Key Points

  • KeyBanc reaffirmed an Overweight rating on Revvity with a $125 price target, about 16.7% above the cited $107.09 share price.
  • Revvity beat Q4 2025 estimates with adjusted EPS of $1.70 versus $1.55 expected and revenue of $772 million versus $758.53 million forecast.
  • The company guided fiscal 2026 organic growth of 2-3%, which KeyBanc views as conservative relative to some peers; Q4 2025 organic growth was 4%, and diagnostics grew 7% in Q4 2025 despite China headwinds.

KeyBanc has reiterated an Overweight recommendation on Revvity Inc (NYSE: RVTY), keeping a price target of $125.00 - approximately 16.7% above the stock's referenced price of $107.09. The broker's stance is consistent with a broader analyst consensus that sees an average upside near 11% for the name.

KeyBanc maintained its constructive view despite Revvity's fiscal 2026 guidance for organic growth of 2-3%, a pace the firm characterizes as conservative relative to some industry peers that have projected growth beginning at 3%. Paul Knight, the KeyBanc analyst covering the account, highlighted that the guidance looks subdued versus competitors such as Danaher and Thermo Fisher Scientific.

Still, KeyBanc pointed to concrete signs of strengthening within Revvity's operations. The company reported organic growth of 4% in the fourth quarter of 2025, and its diagnostics business delivered particularly strong results with 7% organic growth in Q4 2025 despite reported headwinds in the Chinese market. Those quarterly figures factored into KeyBanc's view that Revvity may be positioned to capture upside if broader market conditions improve.

The analyst note also emphasized corporate actions intended to lift earnings per share. KeyBanc flagged the company's plan to accelerate share repurchases as a lever to boost EPS over time, and observed that Revvity's stock currently trades at a discount to peers on an enterprise value to EBITDA basis - implying potential valuation catch-up if execution and market dynamics align.

On the earnings front, Revvity disclosed fourth-quarter 2025 results that beat consensus on both the bottom and top lines. Adjusted earnings per share came in at $1.70 versus an expected $1.55, and revenue reached $772 million compared with analysts' projections of $758.53 million. Despite the beats, the stock moved lower in pre-market trading following the release.

There were no recent public announcements regarding mergers or acquisitions by Revvity, and analyst firms have not issued fresh upgrades or downgrades for the company in the immediate aftermath of the results. These developments collectively underline the company's most recent financial performance and how market participants are pricing that information.


Context and outlook

KeyBanc's reiteration reflects a view that while near-term organic growth guidance is modest, tangible momentum in the December quarter and financial engineering through buybacks create a pathway to improved shareholder returns. The balance between conservative forward guidance and recent outperformance is central to the firm's unchanged Overweight rating.

Risks

  • Conservative fiscal 2026 organic growth guidance (2-3%) could limit upside if peers sustain higher growth - this affects the medical instruments and diagnostics sectors.
  • The stock experienced a pre-market decline despite quarterly beats, indicating market sensitivity to guidance and near-term sentiment - relevant to equity investors and market makers.
  • No recent M&A activity and no fresh analyst upgrades or downgrades may leave catalysts limited in the near term, which could pressure trading volumes and liquidity for the stock.

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