IQVIA (IQV) Plunge 8.5% on Weaker 2026 Earnings Outlook

IQVIA (NYSE: IQV) fell 8.5% in response to a revised, weaker 2026 earnings forecast that missed Wall Street expectations. The company now projects adjusted EPS of $12.55 to $12.85, below the average estimate of $12.95. Fourth-quarter results remained strong: revenue of $4.36 billion and adjusted EPS of $3.42 per share. The stock is volatile, with 10 moves greater than 5% in the past year, and is down 17% YTD, trading at $187.09, 23.4% below its 52-week high of $244.29. Second-quarter results had lifted shares 15.9% on better-than-expected EPS of $2.81 and revenue of $4.02 billion, with the Technology & Analytics Solutions division up 8.9%.