ATLASMost Overvalued Healthcare stocks
Among the largest Healthcare companies ATLAS tracks, Thermo Fisher Scientific (TMO) sits furthest above ATLAS fair value (74% above fair value), followed by Eli Lilly and Merck & Co..
Updated Nov 6, 2026. Educational information, not investment advice.
The most overvalued Healthcare stocks among the largest Healthcare companies ATLAS tracks, ranked by how far they sit from ATLAS fair value. Figures match what ATLAS shows on each stock's page.
| # | Company | Vs ATLAS fair value | Price | Market cap |
|---|---|---|---|---|
| 1 | TMO Thermo Fisher Scientific | 74% above fair value | $694.76 | $254B |
| 2 | LLY Eli Lilly | 67% above fair value | $1,354.00 | $1.1T |
| 3 | MRK Merck & Co. | 64% above fair value | $146.73 | $348B |
| 4 | JNJ Johnson & Johnson | 42% above fair value | $276.22 | $599B |
| 5 | ABBV AbbVie | 38% above fair value | $291.31 | $514B |
| 6 | UNH UnitedHealth Group | 24% above fair value | $394.15 | $355B |
| 7 | AMGN Amgen | about fair value | $460.42 | $252B |
| 8 | GILD Gilead Sciences | 16% below fair value | $166.89 | $197B |
| 9 | AZN AstraZeneca | 18% below fair value | $186.43 | $270B |
| 10 | NVS Novartis AG | 38% below fair value | $162.55 | $292B |
Ranked across the largest Healthcare companies ATLAS tracks. Prices are in USD; market cap is in USD. A gap to fair value is a model estimate, not a price target.
Most Overvalued Healthcare stocks — common questions
What are the most overvalued Healthcare stocks per ATLAS?
Thermo Fisher Scientific (TMO), Eli Lilly and Merck & Co. trade furthest above ATLAS fair value among the largest Healthcare companies. A larger premium means the price sits further above the ATLAS fair-value estimate.
Does "overvalued" mean a Healthcare stock will fall?
No. It means the current price is above the ATLAS fair-value estimate. Fair value is one model's view and the price can stay above it for a long time — this is educational information, not a forecast.
Is this a list of Healthcare stocks to buy?
No. ATLAS is educational information, not investment advice. This ranking describes a single metric and is not a recommendation to buy or sell any stock.
Track Healthcare stocks on ATLAS — probability, fair value and earnings for TMO, LLY and 50,000+ more.
Open ATLAS free →ATLAS is educational information, not investment advice. Rankings describe a single metric and are not recommendations. Figures update roughly every few hours.