Danaher beat Q4 earnings estimates, raised 2026 guidance, but shares fell on in-line revenue and high valuation.

Danaher Corp. reported stronger-than-expected Q4 2026 earnings, with adjusted EPS of $2.23 and revenue of $6.84 billion, exceeding forecasts. The company raised its 2026 full-year EPS guidance to $8.35–$8.50, driving positive analyst sentiment, including upgrades from JPMorgan, HSBC, and Guggenheim. Despite the strong results, shares dipped post-earnings due to an in-line revenue outlook and a high P/E ratio of 43.42, with some insider selling and cautious near-term demand commentary. The stock trades at $218.82 with a market cap of $154.56 billion, supported by strong cash flow and a solid balance sheet.