Neogen Corp

NEOG is in an early Stage 1 consolidation with structural repair underway, as signaled by the Bullish Pivot Point pattern. Medium-term bias is Bullish with moderate confidence, supported by rising 9/21 EMAs and a base-building structure. Short-term conditions are overbought and price is extended above the EMAs, warranting patience. Engagement should be deferred until a pullback into the rising EMA zone, respecting the potential for a Stage 2 breakout while guarding against overextension.

• ↑Food Safety segment revenue rose 4% YoY to $156.7 M in Q3 FY26
• ↑Adjusted EBITDA margin reached 22.8%, marking one of the highest levels in recent history
• ↓Animal Safety segment revenue declined 8.7% YoY to $54.5 M in Q3 FY26