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Myriad Genetics (MYGN)
NASDAQ:MYGN
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Myriad Genetics (MYGN) Price & Analysis

433 Followers

MYGN Stock Chart & Stats

$5.61
-$0.09(-1.58%)
At close: 4:00 PM EDT
$5.61
-$0.09(-1.58%)

Bulls Say, Bears Say

Bulls Say
Gross Margin SustainabilityConsistently high adjusted gross margins (~69%) point to durable unit economics from proprietary assays and pricing power. Strong margins provide structural capacity to fund commercialization and R&D investments while requiring only moderate topline recovery to reach positive adjusted EBITDA if operating leverage is achieved.
Market Position & Revenue EnginesDouble-digit hereditary volume growth and robust GeneSight momentum demonstrate durable demand, growing market share and a broad clinician base. Diversified revenue engines reduce concentration risk and support steady test volume, improving predictability of revenues as new products are cross-sold to an expanding ordering base.
Product Pipeline & Commercial InvestmentA staged pipeline (MRD, Prolaris+AI, FirstGene) expands addressable markets into high-value, oncology-adjacent segments. Coupled with a planned $35M commercial investment and expanded salesforce, these initiatives represent structural growth optionality that can lift long-term revenue mix toward higher-margin, precision-diagnostic offerings if reimbursement and adoption follow.
Bears Say
Persistent Operating LossesSizable, persistent operating losses (-46% TTM) and negative net income are structural weaknesses that erode returns and limit reinvestment without external capital. Until the company converts gross-margin strength into sustained operating leverage, profitability shortfalls will pressure equity returns and increase reliance on guidance execution.
Fragile Cash GenerationOperating cash flow is only marginally positive while free cash flow remains slightly negative and volatile. This fragile cash generation constrains self-funded scaling of launches, raises sensitivity to slower-than-expected commercialization, and increases dependence on available capital or financing to support the sales ramp and R&D investments.
Execution & Commercialization RiskAggressive hiring and elevated opex create timing risk: new hires typically take quarters to reach productivity, and MRD adoption and reimbursement are still evolving. Failure to convert these investments into accelerated revenue would prolong losses and pressure the balance sheet, making execution risk a durable headwind over the medium term.

Myriad Genetics News

MYGN FAQ

What was Myriad Genetics’s price range in the past 12 months?
Myriad Genetics lowest stock price was $2.74 and its highest was $8.59 in the past 12 months.
    What is Myriad Genetics’s market cap?
    Myriad Genetics’s market cap is $270.12M.
      When is Myriad Genetics’s upcoming earnings report date?
      Myriad Genetics’s upcoming earnings report date is Nov 09, 2026 which is in 93 days.
        How were Myriad Genetics’s earnings last quarter?
        Myriad Genetics released its earnings results on Jul 30, 2026. The company reported -$0.25 earnings per share for the quarter, missing the consensus estimate of -$0.058 by -$0.192.
          Is Myriad Genetics overvalued?
          According to Wall Street analysts Myriad Genetics’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Myriad Genetics pay dividends?
            Myriad Genetics pays a Monthly dividend of $1.75 which represents an annual dividend yield of N/A. See more information on Myriad Genetics dividends here
              What is Myriad Genetics’s EPS estimate?
              Myriad Genetics’s EPS estimate is -0.07.
                How many shares outstanding does Myriad Genetics have?
                Myriad Genetics has 94,448,210 shares outstanding.
                  What happened to Myriad Genetics’s price movement after its last earnings report?
                  Myriad Genetics reported an EPS of -$0.25 in its last earnings report, missing expectations of -$0.058. Following the earnings report the stock price went down -46.741%.
                    Which hedge fund is a major shareholder of Myriad Genetics?
                    Currently, no hedge funds are holding shares in MYGN
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Myriad Genetics

                      Myriad Genetics, Inc., a molecular diagnostics and precision medicine company, develops molecular tests. The company offers molecular diagnostic tests for oncology, women’s health, and pharmacogenomics. It also provides MyRisk Hereditary Cancer test, a DNA sequencing test for hereditary cancers; BRACAnalysis CDx Germline Companion Diagnostic test, a DNA sequencing test for metastatic breast, ovarian, metastatic pancreatic, and metastatic prostate cancer with deleterious or suspected deleterious germline BRCA variants; and MyChoice CDx Companion Diagnostic test, a tumor test that determines homologous recombination deficiency status in patients with ovarian cancer. In addition, the company offers Prolaris Prostate Cancer Prognostic test, an RNA expression tumor analysis for assessing the aggressiveness of prostate cancer; EndoPredict Breast Cancer Prognostic test, an RNA expression test for assessing the aggressiveness of breast cancer; Precise Tumor Molecular Profile test, a genomic profiling test; Prequel Prenatal Screen, a non-invasive prenatal screening test conducted using maternal blood to screen for severe chromosomal disorders in a fetus; Foresight Carrier Screen, a prenatal test for future parents to assess their risk of passing on a recessive genetic condition to their offspring; SneakPeek Early Gender DNA test, a non-invasive blood test that predicts the gender of a fetus; FirstGene; and GeneSight Psychotropic Mental Health Medication test, a DNA genotyping test to aid psychotropic drug selection for depression, anxiety, attention-deficit/hyperactivity disorder, and other mental health conditions. It has a license collaboration with Illumina, Inc.; University of Texas M.D. Anderson Cancer Center; Mayo Foundation for Medical Education and Research; Children’s Medical Center in Boston; Institut Curie and INSERM; and Eurobio Scientific SA. The company was founded in 1991 and is headquartered in Salt Lake City, Utah.

                      Myriad Genetics (MYGN) Earnings & Revenues

                      MYGN Company Deck

                      MYGN Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call emphasized meaningful progress in core growth engines (double-digit hereditary cancer growth, robust GeneSight performance, solid gross margins and a deep product pipeline) and management reaffirmed full-year guidance and positive adjusted EBITDA expectations. Near-term pressures include a Q1 adjusted EBITDA loss, higher operating expense due to accelerated commercial hiring, and a notable prenatal revenue decline. Management is investing to drive back-half acceleration but execution (sales ramp, MRD adoption, payer reimbursement) will determine pace of recovery. On balance, the positives around market share gains, product launches and revenue guidance outweigh the short-term profitability and prenatal headwinds.View all MYGN earnings summaries

                      MYGN Stock 12 Month Forecast

                      Average Price Target

                      $4.68
                      ▼(-16.67% Downside)
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<div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":8.04,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":7.06,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":6.15,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":5.47,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n         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