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Neogen (NEOG) Hits 10-Month High on Earnings, Upbeat Outlook

We recently published Wall Street Can’t Keep up With These 10 Stocks on Fire. Neogen Corporation (NASDAQ:NEOG) was one of the top performers on Thursday.

Neogen climbed to a 10-month high on Thursday, as investors cheered its strong earnings performance in the recently concluded quarter, alongside a higher revenue guidance for the fiscal year 2026.

At intra-day trading, the stock jumped to as high as $10.24—a level it last touched in March 2025—before paring gains to finish the day just up by 31.57 percent at $9.71 apiece.

This followed the release of its second quarter earnings performance for fiscal year 2026, where it narrowed its net loss by 96 percent to $15.9 million from $456.28 million in the same period last year. This pushed the company to swing to a net income of $20.4 million in the six-month period from a $468.9 million net loss in the first half of the year prior.

Meanwhile, revenues in the second quarter dipped by 2.8 percent to $224.69 million from $231.26 million in the same comparable period.

Revenues in the six-month period also decreased by 3.2 percent to $433.88 million from $448.22 million year-on-year.

Following the results, Neogen Corporation (NASDAQ:NEOG) raised its full-year 2026 revenue outlook to a range of $845 million to $855 million, from $820 million to $840 million previously.

Adjusted EBITDA is also now projected to hit $175 million, or the high end of its previous guidance.

“I am exceptionally proud of the Neogen team as we have initiated the first phase of our strategic transformation with early work focused on stabilizing and strengthening our core business. While it is early in the process, and our industry is currently seeing macro headwinds, our team drove significant sequential improvement in core revenue growth and profitability in the second quarter,” said Neogen Corporation (NASDAQ:NEOG) President and CEO Mike Nassif.

While we acknowledge the risk and potential of NEOG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NEOG and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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