IQVIA Holdings Stock Plummets 5.28% with $397 Million Trading Volume Ranking 247th

On May 21, 2025, IQVIA Holdings Inc. (IQV) experienced a significant decline, with its stock price dropping by 5.28%. The trading volume for the day was substantial, reaching $397 million, placing it at the 247th position in terms of trading volume for the day.

IQVIA's stock price fell by 4% following the release of its Q1 2025 earnings on May 6. The company reported revenue of $3.8 billion, marking a 2.5% year-over-year increase. Despite the revenue growth, the market reaction was negative, leading to a decline in the stock price.

Analysts have been actively revising their price targets and ratings for IQVIA. JPMorgan Chase & Co. reduced its price target from $232.00 to $177.00, maintaining an overweight rating. Other analysts have also adjusted their targets, with Citigroup lowering its price objective to $210.00 and Mizuho reducing it to $190.00. Morgan Stanley, however, raised its price target to $250.00, reflecting a more optimistic outlook. The consensus rating among analysts is a "Moderate Buy," with an average target price of $228.14.

IQVIA's financial performance for the quarter was mixed. The company reported earnings per share of $2.70, beating analysts' estimates of $2.63. However, the stock's decline suggests that investors may be concerned about the company's future prospects or other market factors. IQVIA's next earnings report is scheduled for July 28, 2025, which will provide further insights into the company's performance and outlook.