Neogen jumps after full-year revenue forecast raise

Shares of food and animal safety products company Neogen NEOG.O jump 22% to $9 premarket

Co raises FY26 revenue outlook to the range of $845 mln-$855 mln from the prior range of $820 mln-$840 mln

Q2 revenue of $224.7 mln beats analyst expectations of $207.3 mln, according to data compiled by LSEG

Revenue growth driven by strong sales in Indicator Testing and Culture Media within the Food Safety segment

Two of five brokerages rate the stock "buy" or higher, three "hold; their median PT is $7.25-LSEG data

NEOG fell 42% in 2025, marking its second-straight year of declines