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Added to YB: 2023-12-18

Pitch date: 2023-12-18

ILMN [bullish]

Illumina, Inc.

+2.67%

current return

Author Info

No bio for this author

Company Info

Illumina, Inc. provides sequencing- and array-based solutions for genetic and genomic analysis in the Americas, Europe, Greater China, the Asia Pacific, the Middle East, and Africa.

Market Cap

$18.4B

Pitch Price

$128.06

Price Target

228.00 (+73%)

Dividend

N/A

EV/EBITDA

15.81

P/E

27.05

EV/Sales

4.60

Sector

Life Sciences Tools and Services

Category

special_situation

Show full summary:
Illumina: Plans to Divest Grail After U.S. Antitrust Case Faces More Hurdles

ILMN: $228 FV for genomic sequencing leader; $180 legacy ops, $48 Grail. Undervalued despite EU risks. $100 genome goal but new tech threats. Grail divestiture by mid-24 offers options. Moat: high R&D, 2000+ patents. Icahn activism drove refocus on core biz.

Read full article (9 min)