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Illumina (ILMN) Competitors

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$213.63 -1.96 (-0.91%)
Closing price 08/31/2026 04:00 PM Eastern
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$213.10 -0.53 (-0.25%)
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ILMN vs. QGEN, TMO, A, WAT, and IQV

Should you buy Illumina stock or one of its competitors? Illumina's main competitors and comparable companies include Qiagen (QGEN), Thermo Fisher Scientific (TMO), Agilent Technologies (A), Waters (WAT), and IQVIA (IQV). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "life sciences tools & services" industry.

How does Illumina compare to Qiagen?

Illumina (NASDAQ:ILMN) and Qiagen (NYSE:QGEN) are both healthcare companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, valuation, analyst recommendations, media sentiment, earnings, risk and institutional ownership.

Qiagen has a net margin of 19.49% compared to Illumina's net margin of 18.36%. Illumina's return on equity of 29.84% beat Qiagen's return on equity.

Company Net Margins Return on Equity Return on Assets
Illumina18.36% 29.84% 12.17%
Qiagen 19.49%14.47%8.34%

Illumina presently has a consensus target price of $188.40, suggesting a potential downside of 11.81%. Qiagen has a consensus target price of $43.93, suggesting a potential upside of 1.33%. Given Qiagen's higher probable upside, analysts clearly believe Qiagen is more favorable than Illumina.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Illumina
2 Sell rating(s)
6 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.47
Qiagen
0 Sell rating(s)
9 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.43

Illumina has higher revenue and earnings than Qiagen. Qiagen is trading at a lower price-to-earnings ratio than Illumina, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Illumina$4.34B7.43$850M$5.3639.86
Qiagen$2.09B4.27$424.88M$1.9522.23

89.4% of Illumina shares are held by institutional investors. Comparatively, 70.0% of Qiagen shares are held by institutional investors. 2.9% of Illumina shares are held by company insiders. Comparatively, 9.0% of Qiagen shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Illumina has a beta of 1.44, indicating that its share price is 44% more volatile than the broader market. Comparatively, Qiagen has a beta of 0.63, indicating that its share price is 37% less volatile than the broader market.

In the previous week, Illumina had 25 more articles in the media than Qiagen. MarketBeat recorded 44 mentions for Illumina and 19 mentions for Qiagen. Illumina's average media sentiment score of 1.16 beat Qiagen's score of 0.26 indicating that Illumina is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Illumina
35 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Qiagen
5 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Illumina beats Qiagen on 13 of the 16 factors compared between the two stocks.

How does Illumina compare to Thermo Fisher Scientific?

Illumina (NASDAQ:ILMN) and Thermo Fisher Scientific (NYSE:TMO) are both large-cap healthcare companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, risk, media sentiment, analyst recommendations, profitability, dividends, valuation and earnings.

Thermo Fisher Scientific has higher revenue and earnings than Illumina. Thermo Fisher Scientific is trading at a lower price-to-earnings ratio than Illumina, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Illumina$4.34B7.43$850M$5.3639.86
Thermo Fisher Scientific$44.56B5.14$6.70B$18.5933.29

In the previous week, Thermo Fisher Scientific had 30 more articles in the media than Illumina. MarketBeat recorded 74 mentions for Thermo Fisher Scientific and 44 mentions for Illumina. Thermo Fisher Scientific's average media sentiment score of 1.42 beat Illumina's score of 1.16 indicating that Thermo Fisher Scientific is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Illumina
35 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Thermo Fisher Scientific
66 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

89.4% of Illumina shares are held by institutional investors. Comparatively, 89.2% of Thermo Fisher Scientific shares are held by institutional investors. 2.9% of Illumina shares are held by company insiders. Comparatively, 0.3% of Thermo Fisher Scientific shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Illumina has a beta of 1.44, indicating that its stock price is 44% more volatile than the broader market. Comparatively, Thermo Fisher Scientific has a beta of 0.84, indicating that its stock price is 16% less volatile than the broader market.

Illumina has a net margin of 18.36% compared to Thermo Fisher Scientific's net margin of 15.04%. Illumina's return on equity of 29.84% beat Thermo Fisher Scientific's return on equity.

Company Net Margins Return on Equity Return on Assets
Illumina18.36% 29.84% 12.17%
Thermo Fisher Scientific 15.04%17.09%8.12%

Illumina currently has a consensus price target of $188.40, indicating a potential downside of 11.81%. Thermo Fisher Scientific has a consensus price target of $619.41, indicating a potential upside of 0.09%. Given Thermo Fisher Scientific's stronger consensus rating and higher possible upside, analysts plainly believe Thermo Fisher Scientific is more favorable than Illumina.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Illumina
2 Sell rating(s)
6 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.47
Thermo Fisher Scientific
0 Sell rating(s)
6 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.78

Summary

Illumina and Thermo Fisher Scientific tied by winning 8 of the 16 factors compared between the two stocks.

How does Illumina compare to Agilent Technologies?

Illumina (NASDAQ:ILMN) and Agilent Technologies (NYSE:A) are both large-cap healthcare companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, dividends, media sentiment, valuation, analyst recommendations, profitability, earnings and risk.

Illumina currently has a consensus price target of $188.40, indicating a potential downside of 11.81%. Agilent Technologies has a consensus price target of $170.33, indicating a potential upside of 10.76%. Given Agilent Technologies' stronger consensus rating and higher possible upside, analysts plainly believe Agilent Technologies is more favorable than Illumina.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Illumina
2 Sell rating(s)
6 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.47
Agilent Technologies
0 Sell rating(s)
4 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.85

Agilent Technologies has a net margin of 19.53% compared to Illumina's net margin of 18.36%. Illumina's return on equity of 29.84% beat Agilent Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Illumina18.36% 29.84% 12.17%
Agilent Technologies 19.53%24.45%13.09%

In the previous week, Agilent Technologies had 32 more articles in the media than Illumina. MarketBeat recorded 76 mentions for Agilent Technologies and 44 mentions for Illumina. Agilent Technologies' average media sentiment score of 1.16 beat Illumina's score of 1.16 indicating that Agilent Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Illumina
35 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Agilent Technologies
44 Very Positive mention(s)
7 Positive mention(s)
13 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Illumina has a beta of 1.44, suggesting that its share price is 44% more volatile than the broader market. Comparatively, Agilent Technologies has a beta of 1.25, suggesting that its share price is 25% more volatile than the broader market.

Agilent Technologies has higher revenue and earnings than Illumina. Agilent Technologies is trading at a lower price-to-earnings ratio than Illumina, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Illumina$4.34B7.43$850M$5.3639.86
Agilent Technologies$6.95B6.25$1.30B$5.0830.27

89.4% of Illumina shares are held by institutional investors. 2.9% of Illumina shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Agilent Technologies beats Illumina on 9 of the 16 factors compared between the two stocks.

How does Illumina compare to Waters?

Illumina (NASDAQ:ILMN) and Waters (NYSE:WAT) are both large-cap healthcare companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, earnings, media sentiment, analyst recommendations, risk, dividends, institutional ownership and profitability.

In the previous week, Illumina had 17 more articles in the media than Waters. MarketBeat recorded 44 mentions for Illumina and 27 mentions for Waters. Illumina's average media sentiment score of 1.16 beat Waters' score of 1.15 indicating that Illumina is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Illumina
35 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Waters
22 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Illumina currently has a consensus target price of $188.40, suggesting a potential downside of 11.81%. Waters has a consensus target price of $424.35, suggesting a potential upside of 2.27%. Given Waters' stronger consensus rating and higher probable upside, analysts plainly believe Waters is more favorable than Illumina.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Illumina
2 Sell rating(s)
6 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.47
Waters
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
3 Strong Buy rating(s)
2.80

Illumina has higher revenue and earnings than Waters. Illumina is trading at a lower price-to-earnings ratio than Waters, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Illumina$4.34B7.43$850M$5.3639.86
Waters$3.17B12.88$642.63M$4.01103.48

Illumina has a beta of 1.44, meaning that its share price is 44% more volatile than the broader market. Comparatively, Waters has a beta of 1.19, meaning that its share price is 19% more volatile than the broader market.

89.4% of Illumina shares are held by institutional investors. Comparatively, 94.0% of Waters shares are held by institutional investors. 2.9% of Illumina shares are held by insiders. Comparatively, 0.3% of Waters shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Illumina has a net margin of 18.36% compared to Waters' net margin of 3.58%. Illumina's return on equity of 29.84% beat Waters' return on equity.

Company Net Margins Return on Equity Return on Assets
Illumina18.36% 29.84% 12.17%
Waters 3.58%11.27%6.73%

Summary

Illumina beats Waters on 10 of the 17 factors compared between the two stocks.

How does Illumina compare to IQVIA?

IQVIA (NYSE:IQV) and Illumina (NASDAQ:ILMN) are both large-cap healthcare companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, risk, institutional ownership, valuation, dividends, analyst recommendations and media sentiment.

IQVIA has a beta of 1.18, indicating that its share price is 18% more volatile than the broader market. Comparatively, Illumina has a beta of 1.44, indicating that its share price is 44% more volatile than the broader market.

Illumina has a net margin of 18.36% compared to IQVIA's net margin of 8.10%. IQVIA's return on equity of 30.25% beat Illumina's return on equity.

Company Net Margins Return on Equity Return on Assets
IQVIA8.10% 30.25% 6.54%
Illumina 18.36%29.84%12.17%

89.6% of IQVIA shares are owned by institutional investors. Comparatively, 89.4% of Illumina shares are owned by institutional investors. 1.7% of IQVIA shares are owned by insiders. Comparatively, 2.9% of Illumina shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

IQVIA currently has a consensus target price of $241.88, suggesting a potential downside of 7.43%. Illumina has a consensus target price of $188.40, suggesting a potential downside of 11.81%. Given IQVIA's stronger consensus rating and higher probable upside, equities analysts clearly believe IQVIA is more favorable than Illumina.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IQVIA
0 Sell rating(s)
3 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.88
Illumina
2 Sell rating(s)
6 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.47

In the previous week, Illumina had 6 more articles in the media than IQVIA. MarketBeat recorded 44 mentions for Illumina and 38 mentions for IQVIA. IQVIA's average media sentiment score of 1.42 beat Illumina's score of 1.16 indicating that IQVIA is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IQVIA
31 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Illumina
35 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

IQVIA has higher revenue and earnings than Illumina. IQVIA is trading at a lower price-to-earnings ratio than Illumina, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IQVIA$16.31B2.64$1.36B$8.0632.42
Illumina$4.34B7.43$850M$5.3639.86

Summary

IQVIA beats Illumina on 9 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ILMN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ILMN vs. The Competition

MetricIlluminaLife Sciences Tools & Services IndustryHealthcare SectorNASDAQ Exchange
Market Cap$32.55B$10.11B$7.20B$12.89B
Dividend YieldN/A1.46%2.54%11.27%
P/E Ratio39.8662.94272.6025.49
Price / Sales7.43115.05627.5797.10
Price / Cash32.1126.7028.7436.03
Price / Book11.995.4611.036.34
Net Income$850M$56.67B$3.47B$349.45M
7 Day Performance-5.05%-1.69%0.14%-0.67%
1 Month Performance4.16%8.25%8.16%4.48%
1 Year Performance113.72%24.30%24.14%14.94%

Illumina Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ILMN
Illumina
2.1478 of 5 stars
$213.63
-0.9%
$188.40
-11.8%
+113.7%$32.55B$4.34B39.868,650
QGEN
Qiagen
2.6911 of 5 stars
$42.38
-0.5%
$43.93
+3.6%
-11.5%$8.85B$2.09B21.725,654
TMO
Thermo Fisher Scientific
4.1517 of 5 stars
$590.00
+0.8%
$619.41
+5.0%
+25.5%$216.49B$46.34B31.74125,000
A
Agilent Technologies
4.7777 of 5 stars
$148.66
+0.1%
$160.24
+7.8%
+22.4%$41.95B$6.95B29.8518,100
WAT
Waters
3.5856 of 5 stars
$401.78
-1.5%
$420.35
+4.6%
+37.4%$40.06B$4.64B100.197,900

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This page (NASDAQ:ILMN) was last updated on 9/1/2026 by MarketBeat.com Staff.
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