IQVIA jumps 9.6% as Q1 results top expectations and full-year EPS outlook rises

IQVIA Holdings, Inc. (IQV) is up 9.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to IQVIA’s first-quarter 2026 earnings release, which showed solid revenue growth, strong cash generation, and a higher full-year adjusted EPS outlook. Investors likely viewed the combination of raised profitability guidance and continued buybacks as a positive signal for 2026 execution.

Details:

IQVIA reported first-quarter revenue of $4.151 billion, up 8.4% year-over-year, alongside GAAP net income of $274 million and GAAP diluted EPS of $1.61.

Adjusted diluted EPS was $2.90 for the quarter, and the company raised its full-year 2026 adjusted diluted EPS guidance range to $12.65 to $12.95 while reaffirming revenue and adjusted EBITDA ranges.

Research & Development Solutions contracted backlog was $34.2 billion as of March 31, 2026, with net new bookings of $2.5 billion and a quarterly book-to-bill ratio of 1.04x.

Cash generation was a notable highlight: operating cash flow was $618 million and free cash flow was $491 million (up 15% year-over-year), while the company repurchased $552 million of stock in the quarter.

Sources:

U.S. SEC, IQVIA Investor Relations

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$IQV Insider Trading Activity

$IQV insiders have traded $IQV stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $IQV stock by insiders over the last 6 months:

ARI BOUSBIB (See Remarks) sold 36,564 shares for an estimated $8,132,930

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

$IQV Hedge Fund Activity

We have seen 534 institutional investors add shares of $IQV stock to their portfolio, and 524 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 3,658,299 shares (-74.3%) from their portfolio in Q4 2025, for an estimated $824,617,177
CANADA PENSION PLAN INVESTMENT BOARD removed 2,412,144 shares (-58.6%) from their portfolio in Q4 2025, for an estimated $543,721,379
VICTORY CAPITAL MANAGEMENT INC added 1,614,063 shares (+2628.1%) to their portfolio in Q4 2025, for an estimated $363,825,940
NORDEA INVESTMENT MANAGEMENT AB removed 1,600,906 shares (-69.2%) from their portfolio in Q4 2025, for an estimated $360,860,221
FARALLON CAPITAL MANAGEMENT LLC removed 938,551 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $211,558,780
ORBIS ALLAN GRAY LTD added 933,554 shares (+96.5%) to their portfolio in Q4 2025, for an estimated $210,432,407
1832 ASSET MANAGEMENT L.P. added 769,074 shares (+47067.0%) to their portfolio in Q4 2025, for an estimated $173,356,970

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$IQV Congressional Stock Trading

Members of Congress have traded $IQV stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $IQV stock by members of Congress over the last 6 months:

REPRESENTATIVE KEVIN HERN sold up to $100,000 on 03/16.
SENATOR MARKWAYNE MULLIN purchased up to $50,000 on 12/29.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API.

$IQV Analyst Ratings

Wall Street analysts have issued reports on $IQV in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Truist Securities issued a "Buy" rating on 01/08/2026
UBS issued a "Buy" rating on 01/08/2026
BMO Capital issued a "Outperform" rating on 11/13/2025

To track analyst ratings and price targets for $IQV, check out Quiver Quantitative's $IQV forecast page.

$IQV Price Targets

Multiple analysts have issued price targets for $IQV recently. We have seen 12 analysts offer price targets for $IQV in the last 6 months, with a median target of $223.0.

Here are some recent targets:

Elizabeth Anderson from Evercore ISI Group set a target price of $185.0 on 04/08/2026
Charles Rhyee from TD Cowen set a target price of $213.0 on 03/09/2026
Luke Sergott from Barclays set a target price of $210.0 on 03/06/2026
Ryan Halsted from RBC Capital set a target price of $221.0 on 03/03/2026
Jailendra Singh from Truist Securities set a target price of $245.0 on 02/19/2026
Shlomo Rosenbaum from Stifel set a target price of $220.0 on 02/06/2026
Patrick Donnelly from Citigroup set a target price of $200.0 on 02/06/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.