Myriad GeneticsMYGN
MYGN
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,343% more call options, than puts
Call options by funds: $4.1M | Put options by funds: $284K
25% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 73
0.96% more ownership
Funds ownership: 100.51% [Q3] → 101.47% (+0.96%) [Q4]
11% less funds holding
Funds holding: 246 [Q3] → 218 (-28) [Q4]
45% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 56
49% less capital invested
Capital invested by funds: $2.5B [Q3] → $1.27B (-$1.23B) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 0 (-2) [Q4]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$11
25%
upside
Avg. target
$17.72
101%
upside
High target
$29
230%
upside
9 analyst ratings
5 positive
56%
3 neutral
33%
1 negative
11%
Scotiabank Sung Ji Nam 12% 1-year accuracy 3 / 25 met price target | 127%upside $20 | Sector Outperform Maintained | 1 Apr 2025 |
Piper Sandler Dave Weiner 0 / 0 met price target | 42%upside $12.50 | Overweight Upgraded | 12 Mar 2025 |
B of A Securities Derik De Bruin 35% 1-year accuracy 7 / 20 met price target | 25%upside $11 | Underperform Maintained | 3 Mar 2025 |
Raymond James Andrew Cooper 13% 1-year accuracy 2 / 16 met price target | 116%upside $19 | Outperform Reiterated | 25 Feb 2025 |
UBS Lu Li 0% 1-year accuracy 0 / 3 met price target | 82%upside $16 | Neutral Maintained | 25 Feb 2025 |
Financial journalist opinion
Positive
Zacks Investment Research
4 days ago
Is Myriad Genetics Stock Worth Holding in Your Portfolio Now?
Strategic progress and solid potential in oncology testing keep MYGN on investors' radar.

Positive
Schaeffers Research
2 weeks ago
Medical Equipment Stock Jumps on Upgrade
Medical equipment stock Myriad Genetics Inc (NASDAQ:MYGN) was last seen up 9.8% at $11.25, after an upgrade from Piper Sandler to "overweight" from "neutral," with a price-target hike to $12.50 from $11.50.

Negative
Benzinga
1 month ago
Myriad Genetics Faces Cost Restructuring As UnitedHealthcare Ends GeneSight Coverage, Appoints New CEO
On Monday, in its earnings release, Myriad Genetics Inc. MYGN said Unitedhealth Group Inc's UNH UnitedHealthcare will stop covering multi-gene panel pharmacogenetic testing, including Myriad Genetics' GeneSight test, for its commercial, individual exchange, and certain managed Medicaid plans. This change takes effect in the first half of 2025.

Neutral
Zacks Investment Research
1 month ago
MYGN Q4 Earnings Meet Estimates, Revenues Rise Y/Y, Stock Down
Myriad Genetics achieves strong revenue growth in the fourth quarter of 2024.

Neutral
Seeking Alpha
1 month ago
Myriad Genetics, Inc. (MYGN) Q4 2024 Earnings Call Transcript
Myriad Genetics, Inc. (NASDAQ:MYGN ) Q4 2024 Results Conference Call February 24, 2025 4:30 PM ET Company Participants Matt Scalo - Senior Vice President of Investor Relations Paul Diaz - President and Chief Executive Officer Sam Raha - Chief Operating Officer Mark Verratti - Chief Commercial Officer Scott Leffler - Chief Financial Officer Conference Call Participants Madeline Mollman - Wolfe Research Will Ortmayer - Goldman Sachs Madison Pasterchick - Morgan Stanley Tycho Peterson - Jefferies Sung Ji Nam - Scotia Bank Bill Bonello - Craig-Hallum Puneet Souda - Leerink Partners Ben Mee - Stephens Operator Good day, and thank you for standing by. Welcome to the Myriad Genetics Fourth Quarter 2024 Financial Earnings Conference Call.

Positive
Zacks Investment Research
1 month ago
Myriad (MYGN) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Myriad (MYGN) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Positive
Zacks Investment Research
1 month ago
Myriad Genetics (MYGN) Meets Q4 Earnings Estimates
Myriad Genetics (MYGN) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago.

Neutral
GlobeNewsWire
1 month ago
Myriad Genetics Reports Fourth Quarter and Full-Year 2024 Financial Results; Full-year 2024 revenue of $838 million grew 11% year-over-year, the second consecutive year of double-digit revenue growth
Highlights Fourth quarter 2024 revenue of $211 million, grew 7% year-over-year driven by continued demand for Pharmacogenomics (14%) and Prenatal (12%) testing. Fourth quarter GAAP gross margin of 71.7%, increased 300 basis points year-over-year, benefiting from improving revenue per test trends and greater laboratory efficiencies.

Neutral
GlobeNewsWire
1 month ago
Myriad Genetics Partners with PATHOMIQ to add Artificial Intelligence Technology Platform to its Oncology Portfolio
SALT LAKE CITY, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in molecular diagnostic testing and precision medicine, and PATHOMIQ, Inc., a developer of artificial intelligence (AI)-enabled prognostic and predictive tests for advancing access to personalized medicine and empowering treatment decisions, announced that they have entered into a strategic collaboration for Myriad to exclusively license PATHOMIQ_PRAD, PATHOMIQ's AI technology platform for prostate cancer, in the United States. Machine learning and AI-enabled diagnostics are transforming the way clinicians approach cancer patient care.

Neutral
GlobeNewsWire
1 month ago
Myriad Genetics Included in Forbes America's Best Employers 2025 List
SALT LAKE CITY, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc . (NASDAQ: MYGN), a leader in genetic and genomic tumor testing and precision medicine, has been named on the Forbes list of America's Best Employers 2025.

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