Illumina, Inc. (ILMN)
NASDAQ: ILMN · IEX Real-Time Price · USD
114.49
-1.30 (-1.12%)
At close: Jul 19, 2024, 4:00 PM
115.00
+0.51 (0.45%)
Pre-market: Jul 22, 2024, 7:26 AM EDT
Illumina Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Illumina stock have an average target of 159.39, with a low estimate of 100 and a high estimate of 242. The average target predicts an increase of 39.22% from the current stock price of 114.49.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Illumina stock from 19 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Hold | 7 | 7 | 6 | 6 | 7 | 6 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 18 | 18 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $170 | Buy | Reiterates | $170 | +48.48% | Jul 10, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $140 | Hold → Strong Buy | Upgrades | $140 | +22.28% | Jul 10, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $249 → $242 | Buy | Maintains | $249 → $242 | +111.37% | Jul 1, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $195 → $175 | Buy | Maintains | $195 → $175 | +52.85% | Jun 11, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $140 → $122 | Hold | Maintains | $140 → $122 | +6.56% | Jun 6, 2024 |
Financial Forecast
Revenue This Year
4.60B
from 4.50B
Increased by 2.15%
Revenue Next Year
4.93B
from 4.60B
Increased by 7.09%
EPS This Year
0.74
from -7.34
EPS Next Year
2.57
from 0.74
Increased by 247.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.8B | 5.3B | 6.0B | 6.7B | 7.4B |
| Avg | 4.6B | 4.9B | 5.3B | 6.2B | 6.9B |
| Low | 4.4B | 4.4B | 4.6B | 5.7B | 6.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.0% | 14.4% | 21.5% | 24.8% | 19.4% |
| Avg | 2.2% | 7.1% | 8.3% | 16.5% | 10.4% |
| Low | -2.9% | -4.1% | -7.1% | 6.4% | -1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.51 | 4.81 | 5.49 | 10.97 | 13.32 |
| Avg | 0.74 | 2.57 | 3.14 | 6.51 | 9.04 |
| Low | 0.32 | 1.04 | 1.46 | 3.80 | 4.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 550.9% | 114.1% | 249.5% | 104.8% |
| Avg | - | 247.2% | 22.4% | 107.3% | 38.9% |
| Low | - | 40.2% | -43.0% | 21.1% | -24.3% |
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.