Investment
Features
FeesSafety
Academy
More
Pluang+

JP Morgan backs ConvaTec's 2026 earnings guidance ahead of November update

Market News
21 Oct 2026
Proactive Investors
View Source
Bullish
JP Morgan backs ConvaTec's 2026 earnings guidance ahead of November update

JP Morgan has reaffirmed its 'overweight' rating on ConvaTec Group PLC, expressing confidence that the medical products company will meet its 2026 earnings guidance and that its 2027 outlook is becoming more secure. Ahead of ConvaTec's 10-month trading update scheduled for November 18, JP Morgan adjusted its divisional growth mix but kept overall forecasts steady, raising earnings per share estimates by nearly 8%. The bank highlighted expected growth acceleration in the second half of 2026, driven by a better product mix, order timing, and cost efficiencies, all seen as manageable by management. JP Morgan also noted ConvaTec's attractive valuation compared to Danish rival Coloplast, suggesting a potential investment strategy favoring ConvaTec due to its lower earnings multiples and reduced guidance risks.

JP Morgan's confidence in ConvaTec's earnings guidance comes as a backdrop to today's Health-sector market activity on Pluang. For readers following Health-sector stocks, here is Pluang's market snapshot as of Oct 21, 2026 20:51 WIB: out of 150 priced US Health-sector stocks, 100 rose and 46 fell. Notable movers include Charles River Laboratories Intl. Inc (CRL) at USD 328.33 with a 4.08% increase and a typical hold time of 34 days, Maravai LifeSciences Holdings Inc. Class A (MRVI) at USD 7.49 with a 4.03% rise and a 6-day hold time, and Twist Bioscience Corp (TWST) at USD 148.25 with a 3.89% gain, 100% buy order activity, and a 27-day hold time.

More News

Natural Health Trends to release Q3 2026 earnings on Oct 28 with a conference call scheduled.

Natural Health Trends to release Q3 2026 earnings on Oct 28 with a conference call scheduled.

Natural Health Trends Corp. will announce its financial results for the third quarter ending September 30, 2026, on October 28. The company, known for its premium personal care and wellness products under the NHT Global brand, will hold a conference ...

Company Fundamentals
Neutral
1 hour ago
LegalZoom to release Q3 2026 earnings on Nov 4 with CEO and CFO call scheduled.

LegalZoom to release Q3 2026 earnings on Nov 4 with CEO and CFO call scheduled.

LegalZoom announced it will report its third quarter 2026 financial results on November 4, 2026, after market close. The company’s CEO and CFO will host a conference call and webcast to discuss the results. LegalZoom is a leading online legal service...

Company Fundamentals
Neutral
1 hour ago
Schneider Electric launches modular AI data center design cutting installation time by 80%

Schneider Electric launches modular AI data center design cutting installation time by 80%

Schneider Electric introduced its RapidScale Modular Data Center Reference Design 115, a prefabricated blueprint optimized for AI infrastructure using NVIDIA's Vera Rubin platform and advanced liquid cooling. This design addresses the growing demand ...

Market News
Bullish
1 hour ago
173 startups selected for Onward FX fall program to meet investors in energy, defense, and industrial tech sectors.

173 startups selected for Onward FX fall program to meet investors in energy, defense, and industrial tech sectors.

Onward FX has chosen 173 startups from nearly 800 applicants for its fall program focused on physical economy sectors like energy, defense, and industrial technology. These startups will meet with investors including Eclipse, Chevron Technology Ventu...

Market News
Bullish
1 hour ago
Human Feedback Foundation and RBC launch AI program to help Canadian nonprofits build AI agents safely.

Human Feedback Foundation and RBC launch AI program to help Canadian nonprofits build AI agents safely.

The Human Feedback Foundation, supported by RBC, has launched the Agentic AI Design Exchange, a national program aimed at helping Canadian nonprofits design, build, and deploy AI agents responsibly. Funded through RBC's Stronger Nonprofits Program, t...

Market News
Neutral
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App