Illumina, Inc. (ILMN)

NASDAQ: ILMN · IEX Real-Time Price · USD
105.51
+0.01 (0.01%)
At close: Jul 2, 2024, 4:00 PM
107.49
+1.98 (1.88%)
After-hours: Jul 2, 2024, 7:46 PM EDT
0.01%
Market Cap 16.81B
Revenue (ttm) 4.49B
Net Income (ttm) -1.29B
Shares Out 159.30M
EPS (ttm) -8.15
PE Ratio n/a
Forward PE 41.42
Dividend n/a
Ex-Dividend Date n/a
Volume 2,397,720
Open 106.19
Previous Close 105.50
Day's Range 105.48 - 107.56
52-Week Range 86.58 - 190.31
Beta 1.20
Analysts Buy
Price Target 158.28 (+50.01%)
Earnings Date Aug 7, 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 19 analysts, the average rating for ILMN stock is "Buy." The 12-month stock price forecast is $158.28, which is an increase of 50.01% from the latest price.

Price Target
$158.28
(50.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Illumina Takes a $1.47 Billion Charge Related to Its Spinoff of GRAIL

The breakup with GRAIL (GRAL) was costly for Illumina (ILMN).

4 days ago - Investopedia

Illumina to take $1.47 bln goodwill impairment charge related to Grail in Q2

Illumina said on Thursday it will take a goodwill impairment charge of $1.47 billion in the second quarter related to the recently spun-off Grail Inc.

Other symbols: GRAL
5 days ago - Reuters

Illumina Completes Spin-Off Of GRAIL

On June 25, 2024, Illumina, Inc. (NASDAQ: ILMN, $208.92, Market Capitalization: $18.51 billion) announced the completion of the tax free spin-off of GRAIL, Inc. (NASDAQ: GRAL, $36.84, Market Capitaliz...

Other symbols: GRAL
6 days ago - Forbes

Grail bets big on flagship cancer test after spin-off from Illumina

U.S. cancer diagnostic test maker Grail, which will list its shares on the Nasdaq on Tuesday after being spun out of Illumina , is betting that commercial partnerships with health systems, employers a...

Other symbols: GRAL
8 days ago - Reuters

Illumina completes the divestiture of GRAIL

GRAIL spin-off complete; GRAIL to begin regular way trading as "GRAL" on June 25 Illumina to issue second quarter 2024 results on August 6; leadership to present Strategy Update on August 13 SAN DIEGO...

8 days ago - PRNewsWire

Illumina To Spin-Off GRAIL Unit On June 24

On June 3, 2024, Illumina's (NASDAQ: ILMN, $109.82, Market Capitalization: $17.5 billion) board of directors approved the spin-off of its wholly owned subsidiary GRAIL, Inc. and shared the details on ...

21 days ago - Forbes

Illumina DRAGEN v4.3 powers most comprehensive, accurate genome with industry-leading innovations

Latest version includes a prebuilt pangenome capturing more genetic diversity, reducing ancestry bias, and improving accuracy SAN DIEGO , June 11, 2024 /PRNewswire/ -- Illumina Inc. (NASDAQ: ILMN), a ...

21 days ago - PRNewsWire

Illumina Inc. (ILMN): 2024 Company Profile, Product Pipeline Analysis, and Ongoing Clinical Trials Insights

Dublin, June 10, 2024 (GLOBE NEWSWIRE) -- The "Illumina Inc (ILMN) - Product Pipeline Analysis, 2024 Update" company profile has been added to ResearchAndMarkets.com's offering. This report is a sourc...

22 days ago - GlobeNewsWire

Up Nearly 15% In A Week Will Illumina Stock Continue To See Higher Levels?

Illumina stock (NASDAQ: ILMN) saw a 7% rise on Thursday, June 6, faring better than its peer — Mettler-Toledo stock – down 1%. The rise in ILMN stock can primarily be attributed to the company's decis...

22 days ago - Forbes

Illumina launches latest chemistry across most popular mid-throughput sequencers, enabling higher quality and greater speed for customers at lower cost

SAN DIEGO , June 4, 2024 /PRNewswire/ -- Illumina Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, announced that it has completed integration of its latest chemist...

4 weeks ago - PRNewsWire

Illumina to spin off Grail in June

Illumina , a maker of gene sequencing machines, said on Monday it expected to spin off cancer test maker Grail.

4 weeks ago - Reuters

Illumina Board of Directors approves spin-off of GRAIL; declares spin-off dividend of GRAIL shares

"When-issued" trading expected to begin on or about June 12, 2024 Record date for distribution of GRAIL shares will be June 13, 2024 Distribution date for GRAIL shares anticipated to be June 24, 2024 ...

4 weeks ago - PRNewsWire

Illumina drives genomic testing as standard of care in oncology through collaborative research presented at ASCO

Studies presented represent key focus areas, including building evidence for clinical utility of comprehensive genomic profiling; overcoming market access barriers, and progressing the whole-genome ap...

4 weeks ago - PRNewsWire

Illumina releases 2023 Corporate Social Responsibility Report

SAN DIEGO , May 28, 2024 /PRNewswire/ -- Illumina Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, today published its fifth annual Corporate Social Responsibility ...

5 weeks ago - PRNewsWire

Integrated Biosciences Joins Illumina Ventures Labs to Design Novel Therapeutics Targeting the Transcriptome

SAN CARLOS, Calif.--(BUSINESS WIRE)-- #age--Integrated Biosciences, a biotechnology company pioneering the use of synthetic biology and machine learning to develop next-generation therapeutics for age...

5 weeks ago - Business Wire

Anna Richo joins Illumina's Board of Directors

Ms. Richo brings more than 30 years of global legal, compliance, and regulatory experience  to Illumina's Board SAN DIEGO , May 20, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) announced today t...

6 weeks ago - PRNewsWire

Illumina To Webcast Upcoming Investor Conference

SAN DIEGO , May 15, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced that its executives will be speaking at the following investor conference: Bernstein's 40th Annual Strategic Deci...

6 weeks ago - PRNewsWire

GRAIL to Host Capital Markets Day

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

7 weeks 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...

2 months 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.

2 months 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 ...

2 months 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
2 months 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...

2 months 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.

2 months 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
3 months ago - Reuters