Illumina, Inc. (ILMN)
NASDAQ: ILMN · Real-Time Price · USD
132.27
+6.12 (4.85%)
At close: Sep 26, 2024, 4:00 PM
132.68
+0.41 (0.31%)
After-hours: Sep 26, 2024, 7:19 PM EDT
Illumina Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Illumina stock have an average target of 150.37, with a low estimate of 100 and a high estimate of 242. The average target predicts an increase of 13.68% from the current stock price of 132.27.
Analyst Consensus: Buy
* Price targets were last updated on Aug 28, 2024.
Analyst Ratings
The average analyst rating for Illumina stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 6 | 6 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 6 | 6 | 7 | 6 | 6 | 6 |
| Sell | 3 | 3 | 3 | 3 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 19 | 19 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Hold → Strong Buy Upgrades $150 | Hold → Strong Buy | Upgrades | $150 | +13.40% | Aug 28, 2024 |
| Daiwa Capital | Daiwa Capital | Hold → Strong Buy Upgrades $120 → $154 | Hold → Strong Buy | Upgrades | $120 → $154 | +16.43% | Aug 16, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $176 → $164 | Buy | Maintains | $176 → $164 | +23.99% | Aug 15, 2024 |
| TD Cowen | TD Cowen | Hold → Strong Buy Upgrades $126 → $144 | Hold → Strong Buy | Upgrades | $126 → $144 | +8.87% | Aug 14, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $242 | Buy | Reiterates | $242 | +82.96% | Aug 14, 2024 |
Financial Forecast
Revenue This Year
4.44B
from 4.50B
Decreased by -1.42%
Revenue Next Year
4.66B
from 4.44B
Increased by 4.93%
EPS This Year
3.97
from -7.35
EPS Next Year
4.53
from 3.97
Increased by 14.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.6B | 4.9B | 5.3B | ||
| Avg | 4.4B | 4.7B | 5.0B | ||
| Low | 4.2B | 4.3B | 4.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.7% | 9.9% | 13.8% | ||
| Avg | -1.4% | 4.9% | 6.5% | ||
| Low | -6.0% | -2.3% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.15 | 5.26 | 6.33 | ||
| Avg | 3.97 | 4.53 | 5.33 | ||
| Low | 3.75 | 3.92 | 4.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 32.6% | 39.8% | ||
| Avg | - | 14.2% | 17.7% | ||
| Low | - | -1.2% | -3.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.