Illumina, Inc. (ILMN)

NASDAQ: ILMN · IEX Real-Time Price · USD
113.99
-1.59 (-1.38%)
May 15, 2024, 1:29 PM EDT - Market open
-1.38%
Market Cap 18.16B
Revenue (ttm) 4.49B
Net Income (ttm) -1.29B
Shares Out 159.30M
EPS (ttm) -8.15
PE Ratio n/a
Forward PE 83.49
Dividend n/a
Ex-Dividend Date n/a
Volume 548,931
Open 118.25
Previous Close 115.58
Day's Range 113.13 - 118.28
52-Week Range 89.00 - 213.91
Beta 1.20
Analysts Buy
Price Target 168.00 (+47.27%)
Earnings Date May 2, 2024

About 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 regio... [Read more]

Sector Healthcare
IPO Date Jul 28, 2000
Employees 13,360
Stock Exchange NASDAQ
Ticker Symbol ILMN
Full Company Profile

Financial Performance

In 2023, Illumina's revenue was $4.50 billion, a decrease of -1.75% compared to the previous year's $4.58 billion. Losses were -$1.16 billion, -73.64% less than in 2022.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for ILMN stock is "Buy." The 12-month stock price forecast is $168.0, which is an increase of 47.27% from the latest price.

Price Target
$168.0
(47.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

GRAIL to Host Capital Markets Day

MENLO PARK, Calif.--(BUSINESS WIRE)--GRAIL, LLC announced today that it will host a virtual Capital Markets Day.

2 days ago - Business Wire

Illumina publicly files Form 10 registration statement ahead of planned divestiture of GRAIL

GRAIL to host Capital Markets Day on May 13, 2024  SAN DIEGO , May 6, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced that it has publicly filed a Form 10 registration statement wit...

8 days ago - PRNewsWire

Illumina To Webcast Upcoming Investor Conference

SAN DIEGO , May 3, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced that its executives will be speaking at the following investor conference: RBC 2024 Global Healthcare Conference o...

12 days ago - PRNewsWire

Illumina reaffirms annual revenue forecast over continued sluggish demand

Illumina reiterated its 2024 revenue forecast on Thursday, expecting continued weak demand from its customers such as medical research labs and hospitals.

12 days ago - Reuters

Illumina Reports Financial Results for First Quarter of Fiscal Year 2024

Core Illumina revenue of $1.06 billion for Q1 2024, down 2% from Q1 2023 (down 2% on a constant currency basis) Core Illumina GAAP operating margin of 11.0% and non-GAAP operating margin of 20.6% for ...

12 days ago - PRNewsWire

2 Cheap Growth Stocks to Buy During 2Q

These undervalued stocks from the growth side of the Morningstar style box are among our analysts' favorites today. 00:00 Introduction 00: 31 Adobe ADBE 01:09 Illumina ILMN I'm Susan Dziubinski with M...

Other symbols: ADBE
4 weeks ago - Morningstar

Illumina's planned divestment of GRAIL approved by the European Commission

SAN DIEGO , April 12, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, today announced it has received approval of its divestment pla...

4 weeks ago - PRNewsWire

EU approves Illumina's plan to divest cancer test maker Grail

The EU's executive Commission approved Illumina's plan to unwind its completed acquisition of cancer diagnostic test maker Grail , it said in a statement on Friday.

4 weeks ago - Reuters

Illumina CFO Goswami to depart, Summit Therapeutics' Dhingra named successor

Illumina said on Tuesday Chief Financial Officer Joydeep Goswami would leave the gene sequencing company and would be succeeded by former Summit Therapeutics' executive Ankur Dhingra.

Other symbols: SMMT
5 weeks ago - Reuters

Illumina appoints Ankur Dhingra Chief Financial Officer, Jakob Wedel Chief Strategy and Corporate Development Officer

Joydeep Goswami to serve as advisor through June 30 Illumina reaffirms Q1 2024 and full-year 2024 financial guidance SAN DIEGO , April 9, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN), a global l...

Other symbols: SMMT
5 weeks ago - PRNewsWire

Illumina to Announce First Quarter 2024 Financial Results on Thursday, May 2, 2024

SAN DIEGO , April 4, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) announced today that it will issue results for the first quarter 2024 following the close of market on Thursday, May 2, 2024.  O...

5 weeks ago - PRNewsWire

EU court should back Illumina's appeal against EU review of Grail deal, court adviser says

Europe's top court should back U.S. gene sequencing company Illumina's appeal against the EU antitrust regulators' review of its $7.1 billion bid for cancer test maker Grail , an adviser to the court ...

7 weeks ago - Reuters

Exclusive: Icahn drops Illumina board challenge threat, sources say

Activist investor Carl Icahn has dropped a threat to mount a new challenge to Illumina's board, sparing the U.S. gene sequencing company from its second proxy contest in as many years, according to pe...

2 months ago - Reuters

Illumina forecasts flat 2024 sales as sluggish demand drags on

Illumina on Thursday forecast its annual core business revenue to be nearly flat compared to fiscal year 2023 as subdued demand for its genetic testing tools and diagnostics products extends into this...

3 months ago - Reuters

Illumina Reports Financial Results for Fourth Quarter and Fiscal Year 2023

Revenue of $1.12 billion for Q4 2023, up 4% from Q4 2022 (up 4% on a constant currency basis) Revenue of $4.50 billion for fiscal year 2023, down 2% from fiscal year 2022 (flat on a constant currency ...

3 months ago - PRNewsWire

Concentric by Ginkgo and Illumina collaborate to deploy biosurveillance technologies around the world

The companies plan to join forces to set up pathogen monitoring programs utilizing Illumina technology across Concentric's global network  BOSTON and SAN DIEGO , Jan. 15, 2024 /PRNewswire/ -- Concentr...

Other symbols: DNA
4 months ago - PRNewsWire

Illumina Ventures Labs Launches in the US and the UK to Enable More Rapid Value-Creation for Start-Ups Advancing Human Health

FOSTER CITY, Calif.--(BUSINESS WIRE)-- #biotech--Illumina® Ventures Labs, an early-stage company creation and investment engine, is now operational and finalizing agreements with several startups.

4 months ago - Business Wire

Illumina Announces Preliminary Financial Results for Fourth Quarter and Fiscal Year 2023

SAN DIEGO , Jan. 9, 2024 /PRNewswire/ -- Illumina, Inc. (Nasdaq: ILMN) ("Illumina" or the "company") today announced unaudited preliminary financial results for the fourth quarter and fiscal year 2023...

4 months ago - PRNewsWire

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Illumina, Inc.(ILMN) Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , Jan. 9, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Illumina, Inc. ("Illumina" or the "Company") (NASDAQ: ILMN) of a class action securities lawsuit. CLASS DEFINITION: ...

4 months ago - PRNewsWire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Illumina, Inc. (ILMN)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming January 9, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investo...

4 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Illumina, Inc. of Class Action Lawsuit and Upcoming Deadline - ILMN

NEW YORK , Jan. 6, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Illumina, Inc ("Illumina" or the "Company") (NASDAQ: ILMN).   The class action, filed...

4 months ago - PRNewsWire

Illumina expands collaboration with Janssen to advance molecular residual disease cancer test

SAN DIEGO , Jan. 5, 2024 /PRNewswire/ -- Illumina Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, today announced it has signed an agreement with Janssen Research ...

4 months ago - PRNewsWire

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Illumina, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 9, 2024 - (NASDAQ: ILMN)

NEW YORK , Jan. 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Illumina, Inc.. Shareholders who purchased shares of ILMN during the class period listed are e...

4 months ago - PRNewsWire

Jim Cramer looks at the worst Nasdaq performers of 2023

'Mad Money' host Jim Cramer looks back at last year's worst performers on the Nasdaq.

Other symbols: AEPEXCMRNAPYPLWBAXEL
4 months ago - CNBC Television

Illumina's story is too messy and uncertain right now, says Jim Cramer

'Mad Money' host Jim Cramer looks back at last year's worst performers on the Nasdaq.

4 months ago - CNBC Television