Illumina Stock Target Price and Analyst Consensus

ILMN Stock  USD 137.32  1.36  0.98%   
The current analyst and expert consensus on Illumina is Buy with 11 hold recommendations. The current projected Illumina target price consensus is 186.44 with 24 analyst opinions. One of the most common ways Illumina analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Illumina vendors, executives, and/or customers. Illumina recommendation module provides expert sentiment on the projected Illumina target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Illumina to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Illumina Stock, please use our How to Invest in Illumina guide.
Lowest Forecast
169.66
Highest Forecast
206.95
Target Price
186.44
At this time, Illumina's Gross Profit is very stable compared to the past year. As of the 29th of March 2024, Gross Profit Margin is likely to grow to 0.79, while Pretax Profit Margin is likely to drop (0.26). At this time, Illumina's Net Debt is very stable compared to the past year. As of the 29th of March 2024, Accounts Payable is likely to grow to about 257.2 M, though Retained Earnings are likely to grow to (18.1 M).
  
It's important to approach Illumina's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Illumina Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Illumina target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Illumina's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   24  Buy
Most Illumina analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Illumina stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Illumina, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Illumina Target Price Projection

Illumina's current and average target prices are 137.32 and 186.44, respectively. The current price of Illumina is the price at which Illumina is currently trading. On the other hand, Illumina's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Illumina Market Quote on 29th of March 2024

Low Price136.29Odds
High Price140.07Odds

137.32

Target Price

Analyst Consensus On Illumina Target Price

Low Estimate169.66Odds
High Estimate206.95Odds

186.44

Historical Lowest Forecast  169.66 Target Price  186.44 Highest Forecast  206.95
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Illumina and the information provided on this page.

Illumina Analyst Ratings

Illumina's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Illumina stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Illumina's financials, market performance, and future outlook by experienced professionals. Illumina's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Illumina price targets

Illumina's stock target price is an estimate of its future price, usually made by analysts. Using Illumina's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Illumina's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Illumina's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Illumina Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Illumina is a key component of Illumina valuation and have some predictive power on the future returns of a Illumina.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Illumina's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
135.03137.32139.61
Details
Intrinsic
Valuation
LowRealHigh
135.10137.39139.68
Details
Naive
Forecast
LowNextHigh
136.61138.90141.20
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.10.040.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Illumina. Your research has to be compared to or analyzed against Illumina's peers to derive any actionable benefits. When done correctly, Illumina's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Illumina.

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When determining whether Illumina offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Illumina's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Illumina Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Illumina Stock:
Check out Macroaxis Advice on Illumina to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Illumina Stock, please use our How to Invest in Illumina guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Illumina Stock analysis

When running Illumina's price analysis, check to measure Illumina's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Illumina is operating at the current time. Most of Illumina's value examination focuses on studying past and present price action to predict the probability of Illumina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illumina's price. Additionally, you may evaluate how the addition of Illumina to your portfolios can decrease your overall portfolio volatility.
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The data published in Illumina's official financial statements usually reflect Illumina's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Illumina. For example, before you start analyzing numbers published by Illumina accountants, it's critical to develop an understanding of what Illumina's liquidity, profitability, and earnings quality are in the context of the Life Sciences Tools & Services space in which it operates.
Please note, the presentation of Illumina's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Illumina's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Illumina's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Illumina. Please utilize our Beneish M Score to check the likelihood of Illumina's management manipulating its earnings.