Illumina, Inc. (ILMN)

NASDAQ: ILMN · Real-Time Price · USD
131.68
-3.32 (-2.46%)
At close: Nov 20, 2024, 4:00 PM
131.83
+0.15 (0.11%)
After-hours: Nov 20, 2024, 4:13 PM EST
-2.46%
Market Cap 20.88B
Revenue (ttm) 4.39B
Net Income (ttm) -1.59B
Shares Out 158.60M
EPS (ttm) -9.98
PE Ratio n/a
Forward PE 31.74
Dividend n/a
Ex-Dividend Date Jun 25, 2024
Volume 3,036,200
Open 133.99
Previous Close 135.00
Day's Range 129.72 - 134.28
52-Week Range 90.96 - 156.66
Beta 1.13
Analysts Buy
Price Target 160.68 (+22.02%)
Earnings Date Nov 4, 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 20 analysts, the average rating for ILMN stock is "Buy." The 12-month stock price forecast is $160.68, which is an increase of 22.02% from the latest price.

Price Target
$160.68
(22.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Illumina, Inc. (ILMN) CFO Ankur Dhingra Hosts Wolfe Research 2024 Healthcare Conference (Transcript)

Illumina, Inc. (NASDAQ:ILMN) Wolfe Research 2024 Healthcare Conference Call November 20, 2024 9:20 AM ET Company Participants Ankur Dhingra - Chief Financial Officer Conference Call Participants Doug...

16 hours ago - Seeking Alpha

Illumina announces expansion of TruSight Oncology portfolio

The latest solution to enable comprehensive genomic profiling of tumors will be presented at the  annual meeting of the Association of Molecular Pathology Customer-led research and presentations at th...

1 day ago - PRNewsWire

Illumina To Webcast Upcoming Investor Conferences

SAN DIEGO , Nov. 6, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced that its executives will be speaking at the following investor conferences: Wolfe Research 2024 Healthcare Confer...

14 days ago - PRNewsWire

Illumina: Q3 Confirms Improving Fundamentals

Illumina is the leader in the undisputed Next Generation Sequencing market. Grail divestment is behind, enabling a margin expansion and fueling a more robust cash flow generation. The stock was down a...

15 days ago - Seeking Alpha

Illumina, Inc. (ILMN) Q3 2024 Earnings Call Transcript

Illumina, Inc. (NASDAQ:ILMN) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Corporate Participants Salli Schwartz - Vice President of Investor Relations Jacob Thaysen - Chief Executive ...

16 days ago - Seeking Alpha

Illumina Reports Financial Results for Third Quarter of Fiscal Year 2024

Core Illumina revenue of $1.1 billion for Q3 2024, down 2% from Q3 2023 and on a constant currency basis Core Illumina GAAP operating margin of 68.6% and non-GAAP operating margin of 22.6% for Q3 2024...

16 days ago - PRNewsWire

Illumina to preview newest innovations in NGS and multiomic technologies at the American Society of Human Genetics Annual Meeting

New, groundbreaking technology delivers Illumina's most comprehensive genome yet ; early results from Broad Clinical Labs demonstrate a highly simplified workflow , ultra-long phasing, high-resolution...

20 days ago - PRNewsWire

Illumina introduces the MiSeq i100 Series: its simplest, fastest benchtop sequencers

Designed to make next-generation sequencing accessible to more labs With room-temperature kit storage and shipping, Illumina's newest sequencers remove barriers to enable more insights and discoveries...

6 weeks ago - PRNewsWire

Illumina launches compact, low-cost gene sequencing devices

Medical equipment maker Illumina on Wednesday announced its new series of smaller, low-cost benchtop gene sequencers, a move that will make sequencing accessible to more research and testing labs.

6 weeks ago - Reuters

Illumina to Announce Third Quarter 2024 Financial Results on Monday, November 4, 2024

SAN DIEGO , Oct. 7, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) announced today that it will issue results for the third quarter 2024 following the close of market on Monday, November 4, 2024. ...

6 weeks ago - PRNewsWire

Revisiting Illumina

Illumina's stock has rebounded 25% since October 2023, despite underwhelming revenue growth and challenges with the NovaSeq X platform and macro headwinds. The company faces issues with the adoption o...

6 weeks ago - Seeking Alpha

Charles Dadswell to step down as General Counsel, Illumina initiates search for successor

SAN DIEGO , Oct. 3, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, announced that after 11 years of service, Charles "Chuck" Dadswe...

6 weeks ago - PRNewsWire

Illumina Inc (ILMN) Trading 5.9% Higher on Oct 2

Shares of Illumina Inc (ILMN, Financial) surged 5.90% in mid-day trading on Oct 2. The stock reached an intraday high of $136.82, before settling at $136.59, up from its previous close of $128.98.

7 weeks ago - GuruFocus

GRAIL: Post-Spinoff, Illumina Maintains Control And Incentive To Support Success

GRAIL Inc., spun off from Illumina Inc. in June 2024, faces financial challenges but holds significant growth potential with its Galleri cancer-screening test. Despite a strong balance sheet, GRAIL's ...

Other symbols: GRAL
2 months ago - Seeking Alpha

FDA Approves Illumina's TruSight Oncology Comprehensive Assay, Now Offered by PreCheck Health Services as "SolidTumorCheck+" -- A Breakthrough in Precision Oncology

MIAMI , Sept. 9, 2024 /PRNewswire/ -- The FDA has granted approval on Illumina's TruSight Oncology Comprehensive Assay, marking a transformative milestone in cancer diagnostics.

2 months ago - PRNewsWire

European Court of Justice rules in favor of Illumina in jurisdictional appeal

SAN DIEGO , Sept. 3, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, welcomes the European Court of Justice's (ECJ's) judgment today...

2 months ago - PRNewsWire

EU top court backs Illumina fight against EU probe into Grail deal

Europe's top court on Tuesday backed U.S. gene sequencing company Illumina's fight against EU antitrust regulators' investigation into its $7.1 billion bid for cancer diagnostic test maker Grail.

Other symbols: GRAL
2 months ago - Reuters

Results of GRAIL's Galleri® Multi-Cancer Early Detection Blood Test in Prostate Cancer Published in JCO Precision Oncology

Data Support Clinical Performance of Galleri   to Detect More Aggressive Prostate Cancers MENLO PARK, Calif. , Aug. 29, 2024 /PRNewswire/ -- GRAIL, Inc. (Nasdaq: GRAL) a healthcare company whose missi...

Other symbols: GRAL
2 months ago - PRNewsWire

FDA approves Illumina cancer biomarker test with two companion diagnostics to rapidly match patients to targeted therapies

TruSight Oncology Comprehensive is the first US FDA-approved, distributable comprehensive genomic profiling IVD kit with pan-cancer companion diagnostic claims The 500+ gene biomarker test advances ac...

3 months ago - PRNewsWire

Illumina Sees The Light: GRAIL Is Gone, Focus Restored (Rating Upgrade)

Illumina completed the spin-off of GRAIL in June 2024, retaining a 14.5% stake. The company is refocusing on its core DNA sequencing business, targeting high single-digit revenue growth by 2027. Q2 20...

3 months ago - Seeking Alpha

Illumina Looks Bullish (Technical Analysis)

ILMN has shown bullish signs with price action improving, above 30-week EMA, and potential for trend change. Volume analysis indicates institutional buying, momentum is short-term bullish, and long-te...

3 months ago - Seeking Alpha

Illumina, Inc. (ILMN) Illumina 2024 Strategy Update Special Call

Illumina, Inc. (NASDAQ:ILMN) Illumina 2024 Strategy Update Special Call August 13, 2024 11:00 AM ET Company Participants Salli Schwartz - Head of IR Jacob Thaysen - CEO Steve Barnard - CTO Ankur Dhin...

3 months ago - Seeking Alpha

Illumina, CRISPR-pioneer Broad Institute to work on new gene sequencing kits

Illumina said on Tuesday it has partnered with the Broad Institute to develop new kits that will allow large-scale gene sequencing using a novel method based on the Nobel Prize-winning CRISPR technolo...

3 months ago - Reuters

Illumina announces strategy to accelerate value creation

-- Company poised to accelerate revenue growth into high single digits over next three years, enabled by core genomics portfolio -- Innovations to enable development of transformative applications usi...

3 months ago - PRNewsWire

Illumina, Inc. (ILMN) Q2 2024 Earnings Call Transcript

Illumina, Inc. (NASDAQ:ILMN) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Salli Schwartz - Vice President of Investor Relations Jacob Thaysen - Chief Executive Offi...

3 months ago - Seeking Alpha