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Illumina (ILMN) Competitors

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$218.22 0.00 (0.00%)
As of 09/4/2026 04:00 PM Eastern

ILMN vs. QGEN, TMO, A, IQV, and WAT

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), IQVIA (IQV), and Waters (WAT). 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 better business? We will compare the two companies based on the strength of their earnings, media sentiment, analyst recommendations, profitability, risk, valuation, institutional ownership and dividends.

Illumina has a beta of 1.46, suggesting that its share price is 46% more volatile than the broader market. Comparatively, Qiagen has a beta of 0.63, suggesting that its share price is 37% less volatile than the broader market.

Illumina currently has a consensus price target of $191.31, suggesting a potential downside of 12.33%. Qiagen has a consensus price target of $43.93, suggesting a potential upside of 1.30%. Given Qiagen's stronger consensus rating and higher possible 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)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.39
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$4.34B7.59$850M$5.3640.71
Qiagen$2.09B4.28$424.88M$1.9522.24

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

In the previous week, Illumina had 34 more articles in the media than Qiagen. MarketBeat recorded 39 mentions for Illumina and 5 mentions for Qiagen. Illumina's average media sentiment score of 0.85 beat Qiagen's score of 0.63 indicating that Illumina is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Illumina
22 Very Positive mention(s)
6 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
3 Very Negative mention(s)
Positive
Qiagen
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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%

Summary

Illumina beats Qiagen on 12 of the 17 factors compared between the two stocks.

How does Illumina compare to Thermo Fisher Scientific?

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

In the previous week, Illumina had 6 more articles in the media than Thermo Fisher Scientific. MarketBeat recorded 39 mentions for Illumina and 33 mentions for Thermo Fisher Scientific. Thermo Fisher Scientific's average media sentiment score of 1.30 beat Illumina's score of 0.85 indicating that Thermo Fisher Scientific is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Thermo Fisher Scientific
25 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Illumina
22 Very Positive mention(s)
6 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
3 Very Negative mention(s)
Positive

89.2% of Thermo Fisher Scientific shares are held by institutional investors. Comparatively, 89.4% of Illumina shares are held by institutional investors. 0.3% of Thermo Fisher Scientific shares are held by company insiders. Comparatively, 2.9% of Illumina shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Thermo Fisher Scientific presently has a consensus price target of $619.41, suggesting a potential upside of 1.09%. Illumina has a consensus price target of $191.31, suggesting a potential downside of 12.33%. Given Thermo Fisher Scientific's stronger consensus rating and higher probable upside, equities analysts clearly believe Thermo Fisher Scientific is more favorable than Illumina.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Thermo Fisher Scientific
0 Sell rating(s)
5 Hold rating(s)
17 Buy rating(s)
2 Strong Buy rating(s)
2.88
Illumina
2 Sell rating(s)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.39

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
Thermo Fisher Scientific15.04% 17.09% 8.12%
Illumina 18.36%29.84%12.17%

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
Thermo Fisher Scientific$44.56B5.08$6.70B$18.5932.96
Illumina$4.34B7.59$850M$5.3640.71

Thermo Fisher Scientific has a beta of 0.85, suggesting that its stock price is 15% less volatile than the broader market. Comparatively, Illumina has a beta of 1.46, suggesting that its stock price is 46% more volatile than the broader market.

Summary

Illumina beats Thermo Fisher Scientific on 9 of the 17 factors compared between the two stocks.

How does Illumina compare to Agilent Technologies?

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

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 company will outperform the market over the long term.

In the previous week, Illumina had 24 more articles in the media than Agilent Technologies. MarketBeat recorded 39 mentions for Illumina and 15 mentions for Agilent Technologies. Illumina's average media sentiment score of 0.85 beat Agilent Technologies' score of 0.80 indicating that Illumina is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Agilent Technologies
5 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Illumina
22 Very Positive mention(s)
6 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
3 Very Negative mention(s)
Positive

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
Agilent Technologies$6.95B6.11$1.30B$5.0829.65
Illumina$4.34B7.59$850M$5.3640.71

Agilent Technologies currently has a consensus price target of $170.33, indicating a potential upside of 13.10%. Illumina has a consensus price target of $191.31, indicating a potential downside of 12.33%. Given Agilent Technologies' stronger consensus rating and higher probable upside, research analysts plainly believe Agilent Technologies is more favorable than Illumina.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Agilent Technologies
0 Sell rating(s)
4 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.85
Illumina
2 Sell rating(s)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.39

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
Agilent Technologies19.53% 24.45% 13.09%
Illumina 18.36%29.84%12.17%

Agilent Technologies has a beta of 1.24, meaning that its share price is 24% more volatile than the broader market. Comparatively, Illumina has a beta of 1.46, meaning that its share price is 46% more volatile than the broader market.

Summary

Illumina beats Agilent Technologies on 9 of the 17 factors compared between the two stocks.

How does Illumina compare to IQVIA?

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

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
Illumina18.36% 29.84% 12.17%
IQVIA 8.10%30.25%6.54%

Illumina presently has a consensus price target of $191.31, suggesting a potential downside of 12.33%. IQVIA has a consensus price target of $243.63, suggesting a potential downside of 8.87%. Given IQVIA's stronger consensus rating and higher possible upside, analysts plainly believe IQVIA is more favorable than Illumina.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Illumina
2 Sell rating(s)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.39
IQVIA
0 Sell rating(s)
3 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.88

In the previous week, Illumina had 20 more articles in the media than IQVIA. MarketBeat recorded 39 mentions for Illumina and 19 mentions for IQVIA. IQVIA's average media sentiment score of 1.22 beat Illumina's score of 0.85 indicating that IQVIA is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Illumina
22 Very Positive mention(s)
6 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
3 Very Negative mention(s)
Positive
IQVIA
16 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

89.4% of Illumina shares are owned by institutional investors. Comparatively, 89.6% of IQVIA shares are owned by institutional investors. 2.9% of Illumina shares are owned by company insiders. Comparatively, 1.7% of IQVIA shares are owned 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.

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
Illumina$4.34B7.59$850M$5.3640.71
IQVIA$16.31B2.70$1.36B$8.0633.17

Illumina has a beta of 1.46, meaning that its share price is 46% more volatile than the broader market. Comparatively, IQVIA has a beta of 1.18, meaning that its share price is 18% more volatile than the broader market.

Summary

IQVIA beats Illumina on 10 of the 17 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 better stock? We will compare the two companies based on the strength of their profitability, media sentiment, institutional ownership, risk, valuation, dividends, earnings and analyst recommendations.

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%

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$4.34B7.59$850M$5.3640.71
Waters$3.17B12.71$642.63M$4.01102.09

In the previous week, Illumina had 19 more articles in the media than Waters. MarketBeat recorded 39 mentions for Illumina and 20 mentions for Waters. Illumina's average media sentiment score of 0.85 beat Waters' score of 0.85 indicating that Illumina is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Illumina
22 Very Positive mention(s)
6 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
3 Very Negative mention(s)
Positive
Waters
12 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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 company insiders. Comparatively, 0.3% of Waters shares are held by company 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 beta of 1.46, suggesting that its stock price is 46% more volatile than the broader market. Comparatively, Waters has a beta of 1.19, suggesting that its stock price is 19% more volatile than the broader market.

Illumina currently has a consensus price target of $191.31, suggesting a potential downside of 12.33%. Waters has a consensus price target of $424.35, suggesting a potential upside of 3.65%. Given Waters' stronger consensus rating and higher possible 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)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.39
Waters
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
3 Strong Buy rating(s)
2.80

Summary

Illumina beats Waters on 10 of the 17 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$32.95B$9.93B$7.21B$12.89B
Dividend YieldN/A1.47%2.54%9.13%
P/E Ratio40.7165.01273.8425.45
Price / Sales7.59109.64625.55100.83
Price / Cash32.5026.8528.9235.62
Price / Book12.255.3811.016.39
Net Income$850M$56.67B$3.49B$358.69M
7 Day Performance2.15%-0.76%1.63%0.22%
1 Month Performance16.10%1.51%4.42%-0.10%
1 Year Performance120.58%24.09%24.21%14.04%

Illumina Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ILMN
Illumina
2.0718 of 5 stars
$218.22
flat
$191.31
-12.3%
+120.6%$32.95B$4.34B40.718,650
QGEN
Qiagen
2.5968 of 5 stars
$43.74
+4.7%
$43.93
+0.4%
-13.3%$8.61B$2.09B22.415,654
TMO
Thermo Fisher Scientific
4.2303 of 5 stars
$627.96
-0.1%
$619.41
-1.4%
+24.5%$232.47B$44.56B33.78125,000
A
Agilent Technologies
4.7846 of 5 stars
$154.81
+0.9%
$160.24
+3.5%
+17.0%$43.33B$6.95B31.0918,100
IQV
IQVIA
3.6965 of 5 stars
$259.97
-0.1%
$241.88
-7.0%
+42.4%$42.84B$16.31B32.2593,000

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This page (NASDAQ:ILMN) was last updated on 9/7/2026 by MarketBeat.com Staff.
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