MYGN icon

Myriad Genetics

8.80 USD
-0.07
0.79%
Updated Apr 1, 3:15 PM EDT
1 day
-0.79%
5 days
-9.74%
1 month
-15.30%
3 months
-34.81%
6 months
-67.44%
Year to date
-34.81%
1 year
-58.96%
5 years
-32.88%
10 years
-74.69%
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

positive
56%
neutral
33%
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.
Is Myriad Genetics Stock Worth Holding in Your Portfolio Now?
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.
Medical Equipment Stock Jumps on Upgrade
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.
Myriad Genetics Faces Cost Restructuring As UnitedHealthcare Ends GeneSight Coverage, Appoints New CEO
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.
MYGN Q4 Earnings Meet Estimates, Revenues Rise Y/Y, Stock Down
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.
Myriad Genetics, Inc. (MYGN) Q4 2024 Earnings Call Transcript
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.
Myriad (MYGN) Reports Q4 Earnings: What Key Metrics Have to Say
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.
Myriad Genetics (MYGN) Meets Q4 Earnings Estimates
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.
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
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.
Myriad Genetics Partners with PATHOMIQ to add Artificial Intelligence Technology Platform to its Oncology Portfolio
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.
Myriad Genetics Included in Forbes America's Best Employers 2025 List
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