Illumina Stock Forecast, Price & News

Illumina's stock was trading at $246.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ILMN shares have increased by 22.5% and is now trading at $301.46.
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17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Illumina in the last year. There are currently 3 sell ratings, 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Illumina.

Wall Street analysts have given Illumina a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Illumina wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Illumina is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Illumina.

Illumina, Inc. (NASDAQ:ILMN) announced its quarterly earnings data on Thursday, October, 29th. The life sciences company reported $1.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.77 by $0.25. The life sciences company had revenue of $794 million for the quarter, compared to analyst estimates of $713.97 million. Illumina had a return on equity of 15.93% and a net margin of 19.70%. Illumina's revenue for the quarter was down 12.5% compared to the same quarter last year. During the same period last year, the firm earned $1.93 earnings per share.
View Illumina's earnings history.

17 brokerages have issued 1 year price objectives for Illumina's shares. Their forecasts range from $280.00 to $400.00. On average, they expect Illumina's stock price to reach $323.59 in the next year. This suggests a possible upside of 7.3% from the stock's current price.
View analysts' price targets for Illumina.

Illumina saw a decrease in short interest during the month of October. As of October 30th, there was short interest totaling 4,060,000 shares, a decrease of 15.8% from the October 15th total of 4,820,000 shares. Based on an average daily trading volume, of 1,470,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.8% of the company's shares are short sold.
View Illumina's Short Interest.

Some companies that are related to Illumina include Thermo Fisher Scientific (TMO), Agilent Technologies (A), Mettler-Toledo International (MTD), Bio-Rad Laboratories (BIO), PerkinElmer (PKI), Waters (WAT), Bio-Techne (TECH), Charles River Laboratories International (CRL), Bruker (BRKR), Pacific Biosciences of California (PACB), Luminex (LMNX), Fluidigm (FLDM), Harvard Bioscience (HBIO), aTyr Pharma (LIFE) and BG Medicine (BGMD).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Illumina investors own include NVIDIA (NVDA), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), The Walt Disney (DIS), PayPal (PYPL), salesforce.com (CRM), Adobe (ADBE), Visa (V) and Micron Technology (MU).

Illumina trades on the NASDAQ under the ticker symbol "ILMN."

Illumina's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sands Capital Management LLC (2.11%), Massachusetts Financial Services Co. MA (1.07%), Harding Loevner LP (1.01%), Jackson Square Partners LLC (0.87%), Sustainable Growth Advisers LP (0.81%) and ARK Investment Management LLC (0.67%). Company insiders that own Illumina stock include Aimee L Hoyt, Charles Dadswell, Frances Arnold, Francis A Desouza, Jay T Flatley, Karen K Mcginnis, Karin Eastham, Marc Stapley, Mostafa Ronaghi, Oene Mark Van, Omead Ostadan, Phillip G Febbo, Robert P Ragusa, Robert S Epstein, Sam Samad and Susan H Tousi.
View institutional ownership trends for Illumina.

ILMN stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Jennison Associates LLC, First Hawaiian Bank, Nikko Asset Management Americas Inc., Sands Capital Management LLC, Natixis, Federated Hermes Inc., and Envestnet Asset Management Inc.. Company insiders that have sold Illumina company stock in the last year include Aimee L Hoyt, Charles Dadswell, Frances Arnold, Francis A Desouza, Jay T Flatley, Karen K Mcginnis, Oene Mark Van, Omead Ostadan, Phillip G Febbo, Robert P Ragusa, Sam Samad, and Susan H Tousi.
View insider buying and selling activity for Illumina.

ILMN stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Harding Loevner LP, Sarasin & Partners LLP, Arrowstreet Capital Limited Partnership, DAVENPORT & Co LLC, Sustainable Growth Advisers LP, Alleghany Corp DE, and Massachusetts Financial Services Co. MA.
View insider buying and selling activity for Illumina.

Shares of ILMN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ILMN stock can currently be purchased for approximately $301.46.

Illumina has a market capitalization of $44.01 billion and generates $3.54 billion in revenue each year. The life sciences company earns $1.00 billion in net income (profit) each year or $6.57 on an earnings per share basis. Illumina employs 7,700 workers across the globe.

The official website for Illumina is www.illumina.com.

Illumina's mailing address is 200 ILLUMINA WAY, SAN DIEGO CA, 92122. The life sciences company can be reached via phone at 858-202-4500 or via email at [email protected]