IlluminaILMN
About: Illumina provides tools and services to analyze genetic material with life science and clinical lab applications. The company generates over 90% of its revenue from sequencing instruments, consumables, and services. Illumina's high-throughput technology enables whole genome sequencing in humans and other large organisms. Its lower throughput tools enable applications that require smaller data outputs, such as viral and cancer tumor screening. Illumina also sells microarrays (9% of 2023 sales) that enable lower-cost, focused genetic screening with primarily consumer and agricultural applications.
Employees: 8,970
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
70% more call options, than puts
Call options by funds: $337M | Put options by funds: $199M
65% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 83
11% more capital invested
Capital invested by funds: $18.4B [Q3] → $20.6B (+$2.11B) [Q4]
8.3% more ownership
Funds ownership: 88.74% [Q3] → 97.04% (+8.3%) [Q4]
7% more funds holding in top 10
Funds holding in top 10: 14 [Q3] → 15 (+1) [Q4]
3% more funds holding
Funds holding: 790 [Q3] → 814 (+24) [Q4]
16% less repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 297
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Morgan Stanley Tejas Savant 22% 1-year accuracy 4 / 18 met price target | 44%upside $136 | Equal-Weight Maintained | 11 Feb 2025 |
Piper Sandler David Westenberg 51% 1-year accuracy 21 / 41 met price target | 102%upside $190 | Overweight Maintained | 10 Feb 2025 |
Barclays Luke Sergott 31% 1-year accuracy 16 / 52 met price target | 6%upside $100 | Underweight Downgraded | 10 Feb 2025 |
RBC Capital Conor McNamara 5% 1-year accuracy 2 / 37 met price target | 162%upside $247 | Outperform Maintained | 7 Feb 2025 |
Canaccord Genuity Kyle Mikson 46% 1-year accuracy 13 / 28 met price target | 43%upside $135 | Hold Maintained | 7 Feb 2025 |
Financial journalist opinion
Based on 32 articles about ILMN published over the past 30 days
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