Illumina stock analysis
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Illumina (ILMN) Stock Price & Analysis
ILMN Stock Chart & Stats
- Day’s Range
- $197.81 - $211.75
- 52-Week Range
- $112.65 - $309.35
- Previous Close
- $212.93
- Volume
- N/A
- Average Volume (3M)
- 2.46M
- Market Cap
- $32.20B
- Enterprise Value
- $42.56B
- Total Cash (Recent Filing)
- $1.34B
- Total Debt (Recent Filing)
- $2.31B
- Price to Earnings (P/E)
- 35.5
- Beta
- 1.27
- Next Earnings
- Feb 11, 2027 (Est.)
- EPS Estimate
- 1.53
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Recurring Consumables Model
Illumina’s instrument base creates recurring demand for sequencing consumables as customers run more experiments and tests. Continued NovaSeq X placements and rising utilization can expand this installed-base annuity, supporting revenue visibility and reinforcing the company’s workflow position over the next several quarters.
Clinical Sequencing Growth
Strong clinical consumables growth indicates that sequencing adoption is advancing in applications with ongoing testing and trial activity. Management’s continued mid-teens clinical growth outlook, supported by a pipeline of tests, provides a durable counterweight to weaker research demand.
Improved Profitability And Cash Generation
The recent return to profitability alongside substantial free cash flow strengthens Illumina’s ability to fund product development, support customers, and manage obligations internally. High gross margin and strong earnings conversion also provide operating capacity if market conditions remain uneven.
Bears Say
Research Market Weakness
Research and applied markets remain a meaningful source of pressure, with management still expecting mid- to high-single-digit consumables declines in 2026. Prolonged weakness can reduce instrument utilization and consumables pull-through, slowing growth while clinical demand expands.
Pricing And Cost Pressure
Persistent input, logistics, tariff, and transition-related pricing pressures can limit margin durability even as operating performance improves. These factors may require continued execution and productivity gains to preserve profitability while the NovaSeq X platform scales.
Earnings Volatility
The sharp multi-year swings in profitability make current earnings less predictable than the latest results alone suggest. Uneven revenue trends and prior losses could constrain confidence in sustainable margins, particularly if research weakness or other operating headwinds persist.
Illumina News
Court Dismisses Illumina (ILMN) Securities Complaint Over GRAIL Acquisition, Grants Leave to Amend
A federal judge has dismissed the Third Amended Consolidated Class Action Complaint in the securities fraud lawsuit against Illumina, Inc. ($ILMN) tied to its controversial acquisition of cancer-screening company GRAIL.
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Illumina Stock Smart Score
Company Description
Illumina
Illumina, Inc. specializes in delivering advanced genetic and genomic analysis tools, primarily through sequencing and array technologies. The company's offerings empower clients across various sectors to integrate genomic insights into both research and clinical environments, with applications spanning critical fields like life sciences, cancer diagnostics, reproductive health, agriculture, and innovative new domains. Illumina's portfolio encompasses specialized instrumentation and necessary consumables for genetic analysis, alongside comprehensive genotyping and sequencing services. They also offer instrument maintenance agreements, collaborate through development and licensing deals, and perform cancer detection tests. Its diverse clientele comprises leading genomic research facilities, universities, state-funded laboratories, medical centers, pharmaceutical and biotechnology firms, commercial molecular diagnostic providers, and businesses focused on consumer genomics. Illumina employs a two-pronged distribution strategy, selling directly to clients across North America, Europe, Latin America, and the Asia-Pacific. Additionally, it partners with life-science distributors to reach markets in Europe, the Asia-Pacific, Latin America, the Middle East, and Africa. Established in 1998, the company maintains its corporate headquarters in San Diego, California.
- Sector
- Healthcare
- Industry
- Medical - Diagnostics & Research
- CEO
- Jacob Thaysen
- Employees
- 8,600
- Website
- www.illumina.com
- Address
- 5200 Illumina Way, San Diego, CA, 92122, US
Illumina (ILMN) Earnings & Revenues
ILMN Company Deck
ILMN Earnings Call
Earnings Call SentimentPositive
The call was strongly positive. Illumina reported revenue, margin, EPS, cash flow, clinical demand, and NovaSeq X placements above expectations, raised full-year guidance, and highlighted expanding opportunities in clinical sequencing, multi-omics, software, and AI-based data sets. The main challenges were declines in research and applied markets, weaker instrument revenue in certain regions, ongoing pricing and cost headwinds, slower clinical conversion to the NovaSeq X, and uncertainty related to China and trade restrictions.
View all ILMN earnings summariesILMN Net sales Breakdown
- 74.30% Consumables
- 11.10% Instruments
- 14.60% Service and other revenue
ILMN Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 7 | 3 | 12 |
| Technical Analysis | 5 | 3 | 2 |
| Moving Averages | 2 | 0 | 10 |













