Morgan Stanley Rates Certara (CERT) Stock and Growth Potential
Certara, Inc. (NASDAQ:CERT) is highlighted as one of the 11 Best Mid-cap Healthcare Stocks to Buy According to Hedge Funds by Morgan Stanley, with an “Equal Weight” rating and $16 price objective. The company’s strategic review of its regulatory services business and potential opportunities related to FDA’s new approach methodologies are monitored.
Certara, Inc. (NASDAQ:CERT) reaffirms FY 2025 guidance, expecting revenue between $415 million – $425 million and adjusted EBITDA margin of 30-32%. Q1 2025 total revenue reached $106.0 million, a 10% YoY growth on reported and constant currency basis, including $5.9 million of Chemaxon revenue.
Certara, Inc. (NASDAQ:CERT) saw revenue growth in Q1 2025 due to biosimulation software portfolio and M&A contribution. Total bookings amounted to $118.2 million, a 12% YoY growth on a reported basis, with $4.9 million of Chemaxon bookings included.
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Read more at Yahoo Finance: Morgan Stanley Assumes Coverage of Certara (CERT) Stock
