Illumina Inc (ILMN) Stock Forecast & Predictions

Illumina Inc ILMN: $384.51

5200 Illumina Way, San Diego, California, US. | Sector: Manufacturing | Exchange: NASDAQ | Web: www.illumina.com

  • Market Cap$59.88B
  • Change (52 Weeks)-1.81%
  • Low (52 Weeks)$341.03
  • Illumina Inc (ILMN) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Illumina Inc (ILMN) is based on 23 Institutional Analyst Ratings where 4.35% are on Strong Buy, 13.04% on Moderate Buy, 52.17% remains on Hold, 8.70% are on Moderate Sell and 21.74% are on Strong Sell.

    Out of 23 Institutional Analysts, majority recommended ILMN stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Illumina Inc.

    Illumina Inc (ILMN) Stock Price Prediction By Analysts


    HighLowAverage
    $598.50$328.25$438.54
    $438.5414.05% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for ILMN set by the institutional analysts is $438.54 where High Estimate is $598.50, Median $431.97 and Low $328.25.

    The average price target for ILMN by Institutional Analysts is $438.54, which is 14.05% Upside from the current price. So according to the Institutional Analysts, ILMN Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Illumina Inc (ILMN) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    StifelBuyUpgraded
    BarclaysEqual-WeightUpgraded
    SVB LeerinkMarket PerformMaintained
    BarclaysEqual-WeightUpgraded
    BarclaysUnderweightMaintained
    B of A SecuritiesNeutralUpgraded
    SVB LeerinkMarket PerformMaintained
    OTR GlobalMixedDowngraded
    SVB LeerinkMarket PerformDowngraded
    BarclaysUnderweightMaintained
    BarclaysUnderweightMaintained
    Evercore ISI GroupIn-LineUpgraded
    Wells FargoUnderweightMaintained
    Canaccord GenuityBuyMaintained
    Wells FargoUnderweightMaintained
    Canaccord GenuityBuyMaintained
    Canaccord GenuityBuyUpgraded
    Atlantic EquitiesNeutralDowngraded
    BarclaysUnderweightInitiated
    BTIGBuyMaintained
    SVB LeerinkOutperformMaintained
    Canaccord GenuityHoldMaintained
    Piper SandlerOverweightUpgraded
    BTIGBuyUpgraded
    SVB LeerinkOutperformMaintained
    SVB LeerinkOutperformMaintained
    GuggenheimNeutralDowngraded
    Atlantic EquitiesOverweightInitiated
    UBSNeutralDowngraded
    SVB LeerinkOutperformMaintained
    StifelHoldDowngraded
    Canaccord GenuityHoldMaintained
    BairdNeutralMaintained
    GuggenheimBuyUpgraded
    Morgan StanleyEqual-WeightInitiated
    SVB LeerinkOutperformMaintained
    Piper SandlerNeutralDowngraded
    GuggenheimNeutralDowngraded
    Wells FargoUnderweightMaintained
    StifelBuyMaintained
    CitigroupNeutralDowngraded
    BairdNeutralDowngraded
    BairdOutperformMaintained
    StifelBuyMaintained
    Wells FargoUnderweightMaintained
    BarclaysOverweightMaintained
    CitigroupBuyMaintained
    Wells FargoUnderweightMaintained
    CitigroupBuyMaintained
    Piper SandlerOverweightMaintained
    Wells FargoUnderweightInitiated
    CitigroupBuyInitiated
    Evercore ISI GroupIn-LineDowngraded
    Cowen & Co.OutperformMaintained
    Stifel NicolausBuyInitiated
    Piper JaffrayOverweightMaintained
    GuggenheimBuyInitiated
    Canaccord GenuityHoldMaintained
    Argus ResearchBuyMaintained
    UBSBuyMaintained
    Piper JaffrayOverweightMaintained
    Canaccord GenuityHoldDowngraded
    Deutsche BankHoldMaintained
    Bank of AmericaUnderperformDowngraded
    Deutsche BankHoldDowngraded
    Morgan StanleyEqual-WeightMaintained
    UBSBuyUpgraded
    BarclaysOverweightMaintained
    ArgusBuyMaintained
    Morgan StanleyEqual-WeightUpgraded
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Canaccord GenuityBuyMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    PiperJaffrayOverweightMaintained
    Morgan StanleyUnderweightMaintained
    Cowen & Co.OutperformMaintained
    CitigroupBuyMaintained
    Morgan StanleyUnderweightMaintained
    Canaccord GenuityBuyMaintained
    BarclaysOverweightUpgraded
    Morgan StanleyUnderweightMaintained
    BarclaysEqual-WeightMaintained
    BairdOutperformMaintained
    Morgan StanleyUnderweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyUnderweightMaintained
    Leerink SwannOutperformMaintained
    First AnalysisOverweightUpgraded
    BarclaysEqual-WeightMaintained
    William BlairMarket PerformDowngraded
    BTIG ResearchNeutralInitiated
    Evercore ISI GroupOutperformInitiated
    Wells FargoOutperformUpgraded
    Morgan StanleyUnderweightMaintained
    Wells FargoMarket PerformMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    Bank of AmericaBuyMaintained
    BairdOutperformUpgraded
    Janney CapitalNeutralUpgraded
    Deutsche BankBuyUpgraded
    ArgusBuyMaintained
    Canaccord GenuityBuyUpgraded
    Morgan StanleyUnderweightMaintained
    Leerink SwannOutperformUpgraded
    Evercore ISI GroupBuyUpgraded
    Deutsche BankHoldInitiated
    Bank of AmericaBuyUpgraded
    First AnalysisUnderweightDowngraded
    CitigroupNeutralMaintained
    Janney CapitalSellDowngraded
    CitigroupNeutralDowngraded
    BarclaysEqual-WeightMaintained
    CitigroupBuyMaintained
    CL KingNeutralDowngraded
    ArgusBuyMaintained
    JP MorganOverweightMaintained
    Morgan StanleyUnderweightDowngraded
    CL KingBuyInitiated
    CitigroupBuyMaintained
    NomuraBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Leerink SwannMarket PerformMaintained
    Cowen & Co.OutperformMaintained
    Cantor FitzgeraldHoldDowngraded
    BarclaysEqual-WeightMaintained
    Bank of AmericaNeutralDowngraded
    ArgusBuyInitiated
    Canaccord GenuityHoldDowngraded
    BairdNeutralMaintained
    Deutsche BankHoldMaintained
    Wells FargoMarket PerformDowngraded
    Deutsche BankHoldInitiated
    Avondale PartnersMarket PerformInitiated
    PiperJaffrayOverweightMaintained
    BarclaysEqual-WeightMaintained
    MizuhoNeutralDowngraded
    Leerink SwannMarket PerformMaintained
    Cowen & Co.OutperformMaintained
    Leerink SwannMarket PerformDowngraded
    Cantor FitzgeraldBuyInitiated
    Janney CapitalNeutralDowngraded
    Canaccord GenuityBuyInitiated
    Morgan StanleyOverweightUpgraded
    Tigress FinancialStrong BuyUpgraded
    CitigroupBuyMaintained
    UBSBuyInitiated
    BarclaysEqual-WeightMaintained
    JP MorganOverweightMaintained
    Stifel NicolausBuyMaintained
    Janney CapitalBuyUpgraded
    PiperJaffrayOverweightUpgraded
    BTIG ResearchBuyInitiated
    Morgan StanleyEqual-weightInitiated
    WedbushOutperformUpgraded
    Stifel NicolausBuyInitiated
    Tigress FinancialBuyInitiated
    MacquarieOutperformMaintained
    JP MorganOverweightMaintained
    Credit SuisseOutperformMaintained
    Maxim GroupBuyUpgraded
    Leerink SwannOutperformMaintained
    Bank of AmericaBuyMaintained
    MacquarieOutperformUpgraded
    JMP SecuritiesMarket OutperformMaintained
    Bank of AmericaBuyMaintained
    MizuhoBuyMaintained
    JMP SecuritiesMarket OutperformInitiated
    Bank of AmericaBuyMaintained
    Wells FargoOutperformInitiated
    Janney CapitalNeutralInitiated
    Credit SuisseOutperformMaintained
    PiperJaffrayNeutralDowngraded
    Bank of AmericaBuyMaintained
    Credit SuisseOutperformMaintained
    UBSBuyUpgraded
    ISI GroupNeutralMaintained
    First AnalysisEqual-WeightDowngraded
    Credit SuisseOutperformMaintained
    Cantor FitzgeraldHoldMaintained
    ISI GroupNeutralMaintained
    WedbushNeutralDowngraded
    PiperJaffrayOverweightUpgraded
    BairdNeutralDowngraded
    Goldman SachsNeutralMaintained
    CLSAUnderperformDowngraded
    CitigroupNeutralMaintained
    Cantor FitzgeraldHoldMaintained
    BarclaysOverweightMaintained
    ISI GroupMarket WeightInitiated
    WedbushOutperformMaintained
    UBSNeutralMaintained
    JP MorganOverweightMaintained
    CitigroupNeutralMaintained
    Morgan StanleyEqual-WeightInitiated

    Illumina Inc (ILMN) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.947
    The average consensus EPS for ILMN is $0.947 with a high estimate of $1.239 and Low of $0.666 for the period 2022-03-31 and based on 13 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.45$1.15912021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.45942021-12-31
    $1.45$1.15912021-09-30
    $1.87$1.38552021-06-30
    $1.89$1.41232021-03-31
    $1.22$1.13182020-12-31
    $1.02$0.78512020-09-30
    $0.62$0.68392020-06-30
    $1.64$1.27392020-03-31
    $1.7$1.6132019-12-31
    $1.93$1.43242019-09-30
    $1.35$1.36412019-06-30
    $1.6$1.36482019-03-31
    $1.32$1.38652018-12-31
    $1.52$1.28422018-09-30
    $1.43$1.13442018-06-30
    $1.45$1.0382018-03-31
    $1.44$1.24272017-12-31
    $1.11$1.01432017-09-30
    $0.82$0.69962017-06-30
    $0.64$0.65732017-03-31
    $0.85$0.83742016-12-31
    $0.97$0.88842016-09-30
    $0.86$0.74752016-06-30
    $0.71$0.75532016-03-31
    $0.81$0.83592015-12-31
    $0.8$0.80472015-09-30
    $0.8$0.7892015-06-30
    $0.91$0.7342015-03-31
    $0.87$0.7992014-12-31
    $0.77$0.56942014-09-30
    $0.57$0.5152014-06-30
    $0.53$0.4532014-03-31
    $0.45$0.45052013-12-31
    $0.45$0.4092013-09-30
    $0.43$0.40262013-06-30
    $0.46$0.39252013-03-31
    $0.42$0.42012012-12-31
    $0.41$0.39812012-09-30
    $0.4$0.37272012-06-30
    $0.36$0.33312012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).