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BRKR Shares Climb After Securing New Orders for Its NMR Systems
ZACKSยท 2025-10-06 13:05
Core Insights - Bruker Corporation (BRKR) has received new orders for advanced Nuclear Magnetic Resonance (NMR) instrumentation valued at approximately $10 million from three institutions, supported by NIH and NSF funding [1][2][9] - The new orders are expected to enhance Bruker's BioSpin segment and have already led to a 6.2% increase in BRKR's stock price [3][4][9] - The NMR systems market is projected to grow from $2.50 billion in 2024 to $4.00 billion by 2033, with a CAGR of 5.5% from 2026 to 2033, driven by demand in various industries, particularly pharmaceuticals [11][12] Company Developments - The New York Structural Biology Center ordered a Multifield NMR Relaxometry System, the first of its kind in North America, which will serve multiple research institutions [6] - The University of Delaware ordered a 600 MHz Dynamic Nuclear Polarization NMR spectrometer to support over 25 research groups, enhancing sensitivity for complex biological investigations [7] - Northwestern University ordered an 800 MHz NMR spectrometer, benefiting over 15 NIH-funded research groups, with applications in drug discovery and neurodegenerative disease research [10] Market Performance - Bruker has a market capitalization of $5.28 billion, with a projected 2.7% increase in earnings for 2025 according to Zacks Consensus Estimate [5] - Over the past three months, Bruker's shares have declined by 10.4%, slightly better than the industry's decline of 10.9% [14] Additional Contracts - Bruker has signed multiple contracts for explosives and chemical trace detection solutions, with a total order volume exceeding $27 million year to date, supporting the aviation security and defense sectors [13]