Illumina, Inc. (ILMN)

NASDAQ: ILMN · IEX Real-Time Price · USD
120.43
+3.13 (2.67%)
At close: Jul 26, 2024, 4:00 PM
122.00
+1.57 (1.30%)
After-hours: Jul 26, 2024, 6:37 PM EDT
2.67%
Market Cap 19.18B
Revenue (ttm) 4.49B
Net Income (ttm) -1.29B
Shares Out 159.30M
EPS (ttm) -8.15
PE Ratio n/a
Forward PE 44.83
Dividend n/a
Ex-Dividend Date n/a
Volume 1,412,383
Open 118.56
Previous Close 117.30
Day's Range 117.76 - 123.87
52-Week Range 86.58 - 190.31
Beta 1.15
Analysts Buy
Price Target 159.39 (+32.35%)
Earnings Date Aug 6, 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 $159.39, which is an increase of 32.35% from the latest price.

Price Target
$159.39
(32.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Illumina to Present Upcoming Strategy Update

SAN DIEGO , July 18, 2024 /PRNewswire/ -- As Illumina, Inc. (NASDAQ: ILMN) previously announced on June 24, the company will present a Strategy Update on Tuesday, August 13, 2024 starting at 8:00am Pa...

8 days ago - PRNewsWire

Illumina Ventures Adds Two New Experts as Advisors

SAN FRANCISCO--(BUSINESS WIRE)-- #biotech--Illumina Ventures today announced that Timothy Stenzel, MD, PhD, and Jerry Steiner have joined the team as Advisors.

8 days ago - Business Wire

What's Happening With Illumina Stock?

Illumina stock (NASDAQ: ILMN) saw a 6% rise on Wednesday, July 10, faring better than its peer — Mettler-Toledo stock – up 1%. The rise in ILMN stock can primarily be attributed to the company's acqui...

14 days ago - Forbes

Illumina to Announce Second Quarter 2024 Financial Results on Tuesday, August 6, 2024

SAN DIEGO , July 11, 2024 /PRNewswire/ -- As Illumina, Inc. (NASDAQ:ILMN) previously announced on June 24, the company will issue results for the second quarter 2024 following the close of market on T...

15 days ago - PRNewsWire

Illumina Buys Fluent BioSciences To Gain Stronger Foothold In Single-Cell Analysis

Last month, Illumina Inc ILMN had to let go of Grail Inc. Still, the DNA sequencing company has acquired Fluent BioSciences to expand its reach in single-cell analysis and multiomics research.

16 days ago - Benzinga

Illumina acquires Fluent BioSciences to accelerate single-cell analysis and discovery to a broader customer base

Accessible, highly scalable single-cell technology  expands Illumina's multiomics capabilities SAN DIEGO , July 9, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN), a global leader in DNA sequencing...

17 days ago - PRNewsWire

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

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

4 weeks 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
4 weeks 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
4 weeks 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
4 weeks 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...

4 weeks 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 ...

6 weeks 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 ...

6 weeks 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...

6 weeks 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...

6 weeks 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...

7 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.

7 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 ...

7 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...

2 months 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 ...

2 months 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...

2 months 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...

2 months 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...

2 months 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.

2 months 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