NASDAQ:ILMN

Illumina (ILMN) Stock Price, News & Analysis

$110.24
-1.11 (-1.00%)
(As of 01:40 PM ET)
Today's Range
$109.53
$112.24
50-Day Range
$110.62
$140.50
52-Week Range
$89.00
$213.91
Volume
421,906 shs
Average Volume
1.73 million shs
Market Capitalization
$17.56 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$164.65

Illumina MarketRank™ Stock Analysis

Analyst Rating
Hold
2.30 Rating Score
Upside/​Downside
49.7% Upside
$164.65 Price Target
Short Interest
Healthy
2.99% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.11
Upright™ Environmental Score
News Sentiment
0.26mentions of Illumina in the last 14 days
Based on 27 Articles This Week
Insider Trading
Acquiring Shares
$991,676 Bought Last Quarter
Proj. Earnings Growth
164.84%
From $0.91 to $2.41 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.95 out of 5 stars

Medical Sector

30th out of 915 stocks

Analytical Instruments Industry

2nd out of 28 stocks

ILMN stock logo

About Illumina Stock (NASDAQ:ILMN)

Illumina, Inc. offers sequencing- and array-based solutions for genetic and genomic analysis in the United States, Singapore, the United Kingdom, and internationally. It operates through Core Illumina and GRAIL segments. The company offers sequencing and array-based instruments and consumables, which include reagents, flow cells, and library preparation; whole-genome sequencing kits, which sequence entire genomes of various size and complexity; and targeted resequencing kits, which sequence exomes, specific genes, and RNA or other genomic regions of interest. It also provides whole-genome sequencing, genotyping, noninvasive prenatal testing, and product support services; and Galleri, a multi-cancer early detection test. In addition, the company is developing solutions to help accelerate cancer diagnoses, blood-based detection for minimal residual disease, and other post-diagnostic applications. The company serves genomic research centers, academic institutions, government laboratories, and hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and consumer genomics companies. It markets and distributes its products directly to customers, as well as through life-science distributors. Illumina, Inc. was incorporated in 1998 and is based in San Diego, California.

ILMN Stock Price History

ILMN Stock News Headlines

Illumina (NASDAQ:ILMN) Given Overweight Rating at Stephens
Illumina (NASDAQ:ILMN) Price Target Cut to $176.00
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StockNews.com Lowers Illumina (NASDAQ:ILMN) to Hold
Illumina: Expect A Slow Rebound
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Illumina Inc. Q1 Earnings Summary
Illumina earnings preview: what to expect
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/10/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Analytical instruments
Sub-Industry
Life Sciences Tools & Services
Current Symbol
NASDAQ:ILMN
CUSIP
45232710
Employees
9,300
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$164.65
High Stock Price Target
$253.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+47.9%
Consensus Rating
Hold
Rating Score (0-4)
2.30
Research Coverage
20 Analysts

Profitability

Net Income
$-1,161,000,000.00
Pretax Margin
-25.55%

Debt

Sales & Book Value

Annual Sales
$4.49 billion
Cash Flow
$3.38 per share
Book Value
$36.18 per share

Miscellaneous

Free Float
158,984,000
Market Cap
$17.74 billion
Optionable
Optionable
Beta
1.20

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Key Executives

  • Mr. Jacob Thaysen Ph.D. (Age 49)
    CEO & Director
    Comp: $796.63k
  • Ms. Carissa L. Rollins (Age 54)
    Chief Information Officer
    Comp: $693.52k
  • Mr. Charles E. Dadswell Esq. (Age 65)
    Senior VP & General Counsel
    Comp: $1.03M
  • Dr. Joydeep Goswami M.B.A. (Age 53)
    Ph.D., Advisor
    Comp: $843.55k
  • Stephanie Campos
    President
  • Mr. Ankur Dhingra (Age 48)
    Chief Financial Officer
  • Mr. Kevin Carl Pegels (Age 56)
    Chief of Global Operations
  • Mr. Scott Ericksen (Age 51)
    VP & Chief Accounting Officer
  • Dr. Steven Barnard Ph.D.
    Chief Technology Officer
  • Ms. Sallilyn Schwartz
    Vice President of Investor Relations

ILMN Stock Analysis - Frequently Asked Questions

Should I buy or sell Illumina stock right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Illumina in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ILMN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ILMN, but not buy additional shares or sell existing shares.
View ILMN analyst ratings
or view top-rated stocks.

What is Illumina's stock price target for 2024?

20 brokerages have issued twelve-month target prices for Illumina's shares. Their ILMN share price targets range from $100.00 to $253.00. On average, they predict the company's share price to reach $164.65 in the next twelve months. This suggests a possible upside of 49.7% from the stock's current price.
View analysts price targets for ILMN
or view top-rated stocks among Wall Street analysts.

How have ILMN shares performed in 2024?

Illumina's stock was trading at $139.24 at the beginning of the year. Since then, ILMN shares have decreased by 21.0% and is now trading at $110.02.
View the best growth stocks for 2024 here
.

Are investors shorting Illumina?

Illumina saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 4,760,000 shares, a drop of 9.7% from the April 15th total of 5,270,000 shares. Based on an average trading volume of 1,690,000 shares, the days-to-cover ratio is presently 2.8 days.
View Illumina's Short Interest
.

When is Illumina's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our ILMN earnings forecast
.

How were Illumina's earnings last quarter?

Illumina, Inc. (NASDAQ:ILMN) announced its earnings results on Thursday, May, 2nd. The life sciences company reported $0.09 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.05. The life sciences company earned $1.08 billion during the quarter, compared to analyst estimates of $1.05 billion. Illumina had a negative net margin of 28.71% and a positive trailing twelve-month return on equity of 2.31%. The business's revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.08 EPS.
Read the conference call transcript
.

What guidance has Illumina issued on next quarter's earnings?

Illumina issued an update on its FY 2024 earnings guidance on Tuesday, April, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.4 billion-$4.4 billion, compared to the consensus revenue estimate of $4.5 billion.

What is Francis deSouza's approval rating as Illumina's CEO?

496 employees have rated Illumina Chief Executive Officer Francis deSouza on Glassdoor.com. Francis deSouza has an approval rating of 92% among the company's employees. This puts Francis deSouza in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Illumina own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Illumina investors own include NVIDIA (NVDA), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Walt Disney (DIS), PayPal (PYPL), Salesforce (CRM), Adobe (ADBE), Visa (V) and Micron Technology (MU).

Who are Illumina's major shareholders?

Illumina's stock is owned by many different retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (3.60%), WCM Investment Management LLC (2.12%), Bank of New York Mellon Corp (1.78%), Findlay Park Partners LLP (0.46%), Chevy Chase Trust Holdings LLC (0.33%) and Swiss National Bank (0.30%). Insiders that own company stock include Aimee L Hoyt, Alexander Aravanis, Charles Dadswell, Jacob Thaysen, Jay T Flatley, Phillip G Febbo, Susan H Tousi and Susan H Tousi.
View institutional ownership trends
.

How do I buy shares of Illumina?

Shares of ILMN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Illumina have any subsidiaries?
The following companies are subsidiares of Illumina: Advanced Liquid Logic Inc., Affomix Corporation, BlueBee, BlueBee Belgium BVBA, BlueBee Holding BV, BlueGnome Ltd, BlueGnome Ltd., Conexio Genomics, Conexio Genomics Pty Ltd., Edico Genome, Emedgene Inc., Emedgene Technologies Ltd, Enancio, Enancio SAS, Epicentre Biotechnologies, GRAIL LLC, GenoLogics, Grail, Helixis, Illumina (China) Scientific Co Ltd, Illumina AB, Illumina Australia Pty. Ltd., Illumina Belgium BVBA, Illumina Brasil Produtos de Biotecnologia Ltda., Illumina Cambridge Ltd., Illumina Canada ULC, Illumina Denmark ApS, Illumina Finland Oy, Illumina France Sarl, Illumina GmbH, Illumina Hong Kong Limited, Illumina India Biotechnology Private Limited, Illumina Ireland Commercial Limited, Illumina Italy S.r.l., Illumina K.K. Japan, Illumina Korea Ltd., Illumina Netherlands B.V., Illumina New Zealand Limited, Illumina Norway AS, Illumina Productos de Espana S.L.U., Illumina Rus LLC, Illumina Shanghai (Trading) Co Ltd Beijing Branch, Illumina Shanghai (Trading) Co. Ltd., Illumina Singapore Pte. Ltd., Illumina Software Inc., Illumina Switzerland GmbH, Illumina US Manufacturing Operations Inc., Liquid Logic, Moleculo, NextBio, Solexa, Verinata Health, Verinata Health Inc., and thromboDx BV.
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This page (NASDAQ:ILMN) was last updated on 5/10/2024 by MarketBeat.com Staff

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