Medpace/$MEDP

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About Medpace

Medpace is a late-stage contract research organization that provides full-service drug-development and clinical trial services to small and midsize biotechnology, pharmaceutical, and medical device firms. It also offers ancillary services, including bioanalytical laboratory services and imaging capabilities. The company was founded over 30 years ago and has more than 5,400 employees across 40 countries. Medpace is headquartered in Cincinnati, Ohio, and its operations are primarily based in the US, with additional presence in Europe, Asia, South America, Africa, and Australia. Cinven, a global private equity firm, acquired Medpace for $915 million in 2014 and exited its investment in 2018.

Ticker

$MEDP
Sector
Primary listing

Employees

6,000

Medpace Metrics

BasicAdvanced
$13B
35.42
$13.46
1.47
-

What the Analysts think about Medpace

Analyst ratings (Buy, Hold, Sell) for Medpace stock.

Bulls say / Bears say

Medpace increased its full-year revenue forecast by $280 million at the midpoint to $2.42 billion–$2.52 billion, citing better client funding and fewer project cancellations (Reuters).
Q2 2025 revenue rose 14.2% year-over-year to $603.3 million, beating analyst estimates, with a net book-to-bill ratio of 1.03x signaling strong new business wins (Reuters via TradingView).
The company repurchased 1.75 million shares for $518.5 million in Q2 2025, with $826.3 million left under its buyback program, showing strong cash generation and a commitment to returning value to shareholders (Reuters via TradingView).
Analysts warn that demand for clinical trials has not fully rebounded, and ongoing headwinds could limit Medpace’s future revenue growth (Reuters).
Q2 net income margin fell from 16.7% to 15.0% year-over-year, affected by higher direct costs and SG&A expenses (Reuters via TradingView).
Jefferies reiterated a Hold rating and kept its $285 price target after Q2 results, highlighting continued valuation concerns and sector headwinds (Barron's).
Data summarised monthly by Lightyear AI. Last updated on 31 Aug 2025.

Medpace Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Medpace Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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