Myriad Genetics (MYGN) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

MYGN Stock Forecast


Myriad Genetics stock forecast is as follows: an average price target of $27.67 (represents a 0.29% upside from MYGN’s last price of $27.59) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.

MYGN Price Target


The average price target for Myriad Genetics (MYGN) is $27.67 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $22.00. This represents a potential 0.29% upside from MYGN's last price of $27.59.

MYGN Analyst Ratings


Hold

According to 13 Wall Street analysts, Myriad Genetics's rating consensus is 'Hold'. The analyst rating breakdown for MYGN stock is 0 'Strong Buy' (0.00%), 5 'Buy' (38.46%), 8 'Hold' (61.54%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Myriad Genetics Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 27, 2024Brandon CouillardWells Fargo$35.00$27.5027.27%26.86%
Aug 07, 2024Subbu NambiGuggenheim$29.00$25.9611.71%5.11%
Jun 26, 2024Sung Ji NamScotiabank$29.00$24.6217.79%5.11%
May 13, 2024Jon PetersonPiper Sandler$28.00$25.0711.69%1.49%
Dec 21, 2023David WestenbergPiper Sandler$23.00$20.4912.25%-16.64%
Oct 05, 2022Mason CarricoStephens$22.00$20.825.67%-20.26%
Apr 19, 2022-Goldman Sachs$23.00$23.03-0.13%-16.64%
Row per page
Go to

The latest Myriad Genetics stock forecast, released on Aug 27, 2024 by Brandon Couillard from Wells Fargo, set a price target of $35.00, which represents a 27.27% increase from the stock price at the time of the forecast ($27.50), and a 26.86% increase from MYGN last price ($27.59).

Myriad Genetics Price Target by Period


1M3M12M
# Anlaysts135
Avg Price Target$35.00$31.00$28.80
Last Closing Price$27.59$27.59$27.59
Upside/Downside26.86%12.36%4.39%

In the current month, the average price target of Myriad Genetics stock is $35.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 26.86% increase as opposed to Myriad Genetics's last price of $27.59. This month's average price target is up 12.90% compared to last quarter, and up 21.53% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 27, 2024Wells Fargo-OverweightInitialise
Aug 13, 2024ScotiabankOutperformOutperformHold
Aug 13, 2024Piper SandlerNeutralNeutralHold
Aug 07, 2024Cowen & Co.HoldHoldHold
Aug 07, 2024GuggenheimBuyBuyHold
Jun 26, 2024ScotiabankOutperformSector OutperformInitialise
Jun 26, 2024Scotiabank-OutperformInitialise
Jun 03, 2024Jefferies-UnderperformDowngrade
May 13, 2024Piper SandlerNeutralNeutralHold
May 08, 2024Leerink Partners-OutperformUpgrade
Row per page
Go to

Myriad Genetics's last stock rating was published by Wells Fargo on Aug 27, 2024. The company Initialise its MYGN rating from "null" to "Overweight".

Myriad Genetics Financial Forecast


Myriad Genetics Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$191.90M-$181.20M$177.80M$156.40M$179.30M$164.90M$160.80M$167.30M$189.40M$173.10M$154.60M$145.20M$93.20M$164.00M$195.10M$186.30M
Avg Forecast$260.17M$250.80M$250.96M$240.14M$240.25M$230.71M$230.79M$222.06M$217.83M$209.41M$206.44M$193.51M$194.80M$182.32M$187.16M$171.49M$169.47M$170.07M$170.96M$156.67M$162.96M$165.04M$162.54M$154.42M$93.89M$167.38M$209.66M$202.32M$221.64M$217.77M
High Forecast$264.65M$255.11M$255.28M$244.26M$244.38M$234.67M$234.76M$225.88M$221.57M$211.45M$209.99M$196.83M$195.47M$185.45M$190.37M$174.44M$172.39M$172.99M$173.18M$158.71M$165.08M$167.19M$164.66M$156.43M$95.12M$169.56M$212.40M$204.95M$224.53M$220.60M
Low Forecast$254.12M$244.96M$245.13M$234.55M$234.66M$225.34M$225.42M$216.89M$212.76M$205.94M$201.63M$189.01M$193.36M$178.08M$182.80M$167.51M$165.53M$166.11M$167.48M$153.48M$159.64M$161.68M$159.23M$151.27M$91.98M$163.98M$205.40M$198.20M$217.13M$213.33M
# Analysts644643744974845443435454545443
Surprise %-------------1.05%-1.06%1.05%0.92%1.05%1.05%0.99%1.01%1.17%1.12%1.65%0.87%0.44%0.81%0.88%0.86%

Myriad Genetics's average Quarter revenue forecast for Dec 23 based on 8 analysts is $194.80M, with a low forecast of $193.36M, and a high forecast of $195.47M. MYGN's average Quarter revenue forecast represents a 1.51% increase compared to the company's last Quarter revenue of $191.90M (Sep 23).

Myriad Genetics EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643744974845443435454545443
EBITDA-------------$-46.10M$-297.20M$-32.70M$-31.30M$-30.30M$-4.40M$-1.80M$-29.70M$55.10M$15.10M$-28.20M$-34.70M$-23.10M$-37.60M$-110.90M$9.30M$-1.20M
Avg Forecast$-5.14M$-4.95M$-4.96M$-4.74M$-4.74M$-4.56M$-4.56M$-4.39M$-4.30M$-4.14M$-4.08M$-21.39M$-3.85M$-3.60M$-3.70M$-19.45M$-3.35M$60.61M$-3.38M$-17.68M$-3.22M$-3.26M$-3.21M$-39.88M$-1.85M$-3.31M$-4.14M$-998.10M$-4.38M$-4.30M
High Forecast$-5.02M$-4.84M$-4.84M$-4.63M$-4.63M$-4.45M$-4.45M$-4.28M$-4.20M$-4.07M$-3.98M$-17.11M$-3.82M$-3.52M$-3.61M$-15.56M$-3.27M$72.73M$-3.31M$-14.14M$-3.15M$-3.19M$-3.14M$-31.91M$-1.82M$-3.24M$-4.06M$-798.48M$-4.29M$-4.21M
Low Forecast$-5.23M$-5.04M$-5.04M$-4.82M$-4.83M$-4.63M$-4.64M$-4.46M$-4.38M$-4.18M$-4.15M$-25.67M$-3.86M$-3.66M$-3.76M$-23.34M$-3.40M$48.49M$-3.42M$-21.21M$-3.26M$-3.30M$-3.25M$-47.86M$-1.88M$-3.35M$-4.19M$-1.20B$-4.43M$-4.36M
Surprise %-------------12.80%80.41%1.68%9.35%-0.50%1.30%0.10%9.23%-16.91%-4.70%0.71%18.71%6.99%9.08%0.11%-2.12%0.28%

5 analysts predict MYGN's average Quarter EBITDA for Dec 21 to be $-3.22M, with a high of $-3.15M and a low of $-3.26M. This is -105.84% lower than Myriad Genetics's previous annual EBITDA (Sep 21) of $55.10M.

Myriad Genetics Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643744974845443435454545443
Net Income-------------$-61.30M$-116.10M$-54.70M$-42.30M$-35.10M$-14.10M$-20.50M$-7.60M$24.60M$-4.70M$-39.50M$-44.20M$-15.20M$-55.40M$-115.20M$-8.30M$-20.60M
Avg Forecast$12.87M$10.79M$10.57M$8.83M$7.85M$6.06M$4.85M$3.50M$2.63M$1.39M$-955.53K$-35.08M$1.16M$-6.19M$-6.64M$-31.89M$-13.38M$27.06M$2.05M$-28.99M$-1.94M$-1.46M$-8.28M$-55.86M$-38.13M$614.25K$25.08M$-1.04B$38.19M$35.51M
High Forecast$13.16M$11.03M$10.81M$9.02M$8.03M$6.20M$4.96M$3.58M$2.68M$1.42M$-926.64K$-28.07M$1.19M$-6.00M$-6.44M$-25.51M$-12.97M$32.47M$2.08M$-23.19M$-1.89M$-1.42M$-8.06M$-44.69M$-37.12M$624.65K$25.51M$-829.44M$38.84M$36.11M
Low Forecast$12.48M$10.46M$10.26M$8.56M$7.61M$5.88M$4.70M$3.39M$2.55M$1.35M$-976.88K$-42.10M$580.14K$-6.33M$-6.79M$-38.27M$-13.68M$21.65M$1.99M$-34.79M$-1.97M$-1.48M$-8.42M$-67.04M$-38.77M$598.00K$24.42M$-1.24B$37.18M$34.57M
Surprise %-------------9.91%17.48%1.72%3.16%-1.30%-6.89%0.71%3.91%-16.90%0.57%0.71%1.16%-24.75%-2.21%0.11%-0.22%-0.58%

Myriad Genetics's average Quarter net income forecast for Dec 21 is $-1.94M, with a range of $-1.97M to $-1.89M. MYGN's average Quarter net income forecast represents a -107.89% decrease compared to the company's last Quarter net income of $24.60M (Sep 21).

Myriad Genetics SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643744974845443435454545443
SG&A-------------$170.40M$140.70M$151.70M$146.50M$130.50M$127.10M$110.60M$139.30M$180.20M$134.80M$145.50M$132.90M$124.10M$107.40M$132.90M$135.60M$135.50M
Avg Forecast$199.37M$192.19M$192.31M$184.02M$184.10M$176.79M$176.85M$170.16M$166.92M$160.47M$158.19M$189.27M$149.28M$139.71M$143.42M$131.42M$129.87M$130.32M$131.00M$156.42M$124.88M$126.47M$124.56M$118.33M$71.95M$128.27M$160.67M$155.03M$169.84M$166.88M
High Forecast$202.80M$195.49M$195.62M$187.18M$187.27M$179.83M$179.89M$173.09M$169.79M$162.03M$160.91M$227.12M$149.79M$142.11M$145.88M$133.68M$132.10M$132.56M$132.71M$187.70M$126.50M$128.11M$126.18M$119.87M$72.89M$129.94M$162.76M$157.05M$172.06M$169.05M
Low Forecast$194.73M$187.72M$187.84M$179.74M$179.82M$172.68M$172.74M$166.21M$163.04M$157.81M$154.51M$151.41M$148.17M$136.46M$140.08M$128.36M$126.85M$127.29M$128.34M$125.14M$122.33M$123.89M$122.02M$115.92M$70.48M$125.65M$157.40M$151.88M$166.39M$163.48M
Surprise %-------------1.22%0.98%1.15%1.13%1.00%0.97%0.71%1.12%1.42%1.08%1.23%1.85%0.97%0.67%0.86%0.80%0.81%

Myriad Genetics's average Quarter SG&A projection for Dec 23 is $149.28M, based on 8 Wall Street analysts, with a range of $148.17M to $149.79M. The forecast indicates a -12.40% fall compared to MYGN last annual SG&A of $170.40M (Sep 23).

Myriad Genetics EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643744974845443435454545443
EPS-------------$-0.75$-1.42$-0.67$-0.52$-0.43$-0.18$-0.26$-0.10$0.31$-0.06$-0.52$-0.59$-0.20$-0.74$-1.55$-0.11$-0.28
Avg Forecast$0.16$0.13$0.13$0.11$0.10$0.07$0.06$0.04$0.03$0.02$-0.01$-0.10$0.01$-0.08$-0.08$-0.19$-0.16$-0.04$0.03$-0.08$-0.02$-0.02$-0.10$-0.15$-0.47$0.01$0.31$0.31$0.47$0.43
High Forecast$0.16$0.13$0.13$0.11$0.10$0.08$0.06$0.04$0.03$0.02$-0.01$-0.10$0.01$-0.07$-0.08$-0.19$-0.16$-0.04$0.03$-0.08$-0.02$-0.02$-0.10$-0.15$-0.45$0.01$0.31$0.32$0.47$0.44
Low Forecast$0.15$0.13$0.13$0.10$0.09$0.07$0.06$0.04$0.03$0.02$-0.01$-0.11$0.01$-0.08$-0.08$-0.20$-0.17$-0.04$0.02$-0.08$-0.02$-0.02$-0.10$-0.15$-0.47$0.01$0.30$0.31$0.45$0.42
Surprise %-------------9.93%17.51%3.47%3.18%10.75%-7.20%3.13%4.01%-17.44%0.59%3.44%1.27%-26.67%-2.42%-4.93%-0.24%-0.65%

According to 5 Wall Street analysts, Myriad Genetics's projected average Quarter EPS for Dec 21 is $-0.02, with a low estimate of $-0.02 and a high estimate of $-0.02. This represents a -107.65% decrease compared to MYGN previous annual EPS of $0.31 (Sep 21).

Myriad Genetics Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ACRSAclaris Therapeutics$1.18$25.002018.64%Buy
GHGuardant Health$26.79$57.27113.77%Buy
ILMNIllumina$129.18$200.8255.46%Buy
EXASExact Sciences$65.54$96.8747.80%Buy
PSNLPersonalis$5.69$7.7536.20%Hold
MEDPMedpace$351.67$444.2026.31%Buy
CSTLCastle Biosciences$31.18$38.0021.87%Buy
QGENQiagen$46.36$52.3712.96%Buy
NEOGNeogen$16.13$17.508.49%Buy
CDNACareDx$28.87$31.007.38%Buy
SHCSotera Health Company$16.80$16.930.77%Buy
MYGNMyriad Genetics$27.59$27.670.29%Hold
NTRANatera$126.51$114.38-9.59%Buy
RDNTRadNet$67.79$59.67-11.98%Buy
TWSTTwist Bioscience$46.95$41.20-12.25%Buy
OLKOlink AB (publ)$26.08$21.50-17.56%Hold

MYGN Forecast FAQ


No, according to 13 Wall Street analysts, Myriad Genetics (MYGN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 38.46% of MYGN's total ratings.

Myriad Genetics (MYGN) average price target is $27.67 with a range of $22 to $35, implying a 0.29% from its last price of $27.59. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for MYGN stock, the company can go up by 0.29% (from the last price of $27.59 to the average price target of $27.67), up by 26.86% based on the highest stock price target, and down by -20.26% based on the lowest stock price target.

MYGN's average twelve months analyst stock price target of $27.67 does not support the claim that Myriad Genetics can reach $40 in the near future.

1 Wall Street analyst forecast a $35 price target for Myriad Genetics (MYGN) this month, up 26.86% from its last price of $27.59. Compared to the last 3 and 12 months, the average price target increased by 12.36% and increased by 4.39%, respectively.

Myriad Genetics's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $923.8M (high $939.68M, low $902.32M), average EBITDA is $-18.244M (high $-17.819M, low $-18.557M), average net income is $22.26M (high $22.76M, low $21.59M), average SG&A $707.91M (high $720.08M, low $691.45M), and average EPS is $0.272 (high $0.278, low $0.264). MYGN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1B (high $1.02B, low $978.76M), average EBITDA is $-19.789M (high $-19.329M, low $-20.129M), average net income is $43.06M (high $44.02M, low $41.76M), average SG&A $767.89M (high $781.09M, low $750.03M), and average EPS is $0.526 (high $0.538, low $0.51).

Based on Myriad Genetics's last annual report (Dec 2022), the company's revenue was $678.4M, beating the average analysts forecast of $667.16M by 1.68%. Apple's EBITDA was $-67.8M, missing the average prediction of $36.21M by -287.25%. The company's net income was $-112M, beating the average estimation of $-13.262M by 744.51%. Apple's SG&A was $514.7M, missing the average forecast of $547.61M by -6.01%. Lastly, the company's EPS was $-1.39, beating the average prediction of $-0.261 by 431.87%. In terms of the last quarterly report (Sep 2023), Myriad Genetics's revenue was $191.9M, beating the average analysts' forecast of $182.32M by 5.25%. The company's EBITDA was $-46.1M, beating the average prediction of $-3.601M by 1180.37%. Myriad Genetics's net income was $-61.3M, beating the average estimation of $-6.188M by 890.62%. The company's SG&A was $170.4M, beating the average forecast of $139.71M by 21.96%. Lastly, the company's EPS was $-0.75, beating the average prediction of $-0.0756 by 892.64%