Myriad Genetics, Inc. (MYGN)

NASDAQ: MYGN · Real-Time Price · USD
4.250
+0.360 (9.25%)
At close: May 12, 2025, 4:00 PM
4.210
-0.040 (-0.94%)
After-hours: May 12, 2025, 4:47 PM EDT
9.25%
Market Cap 391.75M
Revenue (ttm) 831.30M
Net Income (ttm) -101.40M
Shares Out 92.18M
EPS (ttm) -1.12
PE Ratio n/a
Forward PE 154.55
Dividend n/a
Ex-Dividend Date n/a
Volume 3,637,798
Open 4.000
Previous Close 3.890
Day's Range 3.830 - 4.260
52-Week Range 3.980 - 29.300
Beta 2.01
Analysts Hold
Price Target 16.63 (+291.29%)
Earnings Date May 6, 2025

About MYGN

Myriad Genetics, Inc., a molecular diagnostic testing and precision medicine company, develops and provides molecular tests in the United States and internationally. 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 assessing the risks for hereditary cancers; BRACAnalysis CDx Germline Companion Diagnostic test, a DNA sequencing test to help determine the therapy for metastatic breast, ovarian, metastatic pancreatic, and meta... [Read more]

Sector Healthcare
IPO Date Oct 5, 1995
Employees 2,700
Stock Exchange NASDAQ
Ticker Symbol MYGN
Full Company Profile

Financial Performance

In 2024, Myriad Genetics's revenue was $837.60 million, an increase of 11.21% compared to the previous year's $753.20 million. Losses were -$127.30 million, -51.65% less than in 2023.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for MYGN stock is "Hold." The 12-month stock price forecast is $16.63, which is an increase of 291.29% from the latest price.

Price Target
$16.63
(291.29% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Myriad Genetics, Inc. (MYGN) Q1 2025 Earnings Call Transcript

Myriad Genetics, Inc. (NASDAQ:MYGN) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET Company Participants Matt Scalo - SVP, IR Sam Raha - President & CEO Scott Leffler - CFO Mark Verratti - CO...

5 days ago - Seeking Alpha

Myriad Genetics Reports First Quarter 2025 Financial Results; Updates 2025 Financial Guidance

Highlights First quarter 2025 revenue of $196 million  declined by 3% year-over-year. Excluding headwinds 1 of $16 million, revenue increased 5% year-over-year.

6 days ago - GlobeNewsWire

Myriad Genetics: Significantly Undervalued With Profitability In Sight

Initiate Buy on Myriad Genetics, trading near multi-year lows with potential for significant growth driven by new offerings and stable core franchises. Strong financials with $158 million in liquidity...

10 days ago - Seeking Alpha

Concerns about Mental Health Medication Side Effects Remain a Barrier to Getting Help for Those Diagnosed with Depression and Anxiety, According to the GeneSight Mental Health Monitor

More than half say genetic testing for mental health medications could reduce concerns More than half say genetic testing for mental health medications could reduce concerns

12 days ago - GlobeNewsWire

Myriad Genetics Highlights MRD Clinical Validity Data at American Association for Cancer Research Annual Meeting

Podium presentation showcases the clinical application of Precise™ MRD Podium presentation showcases the clinical application of Precise™ MRD

17 days ago - GlobeNewsWire

Myriad Genetics Announces Study Results Show Patients with Depression had Fewer Psychiatric Hospitalizations after GeneSight Testing

SALT LAKE CITY, April 21, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in molecular diagnostics testing and precision medicine, today announced that the Journal of Clinical ...

21 days ago - GlobeNewsWire

Myriad Genetics Announces Inducement Awards

SALT LAKE CITY, April 08, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc . (NASDAQ: MYGN), a leader in molecular diagnostics testing and precision medicine, announced today that in connection with the ...

4 weeks ago - GlobeNewsWire

Myriad Genetics Names Brian Donnelly as New Chief Commercial Officer

SALT LAKE CITY, April 07, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in molecular diagnostics testing and precision medicine, announced today the appointment of Brian Donn...

5 weeks ago - GlobeNewsWire

Myriad Genetics Faces Cost Restructuring As UnitedHealthcare Ends GeneSight Coverage, Appoints New CEO

On Monday, in its earnings release, Myriad Genetics Inc. MYGN said Unitedhealth Group Inc's UNH UnitedHealthcare will stop covering multi-gene panel pharmacogenetic testing, including Myriad Genetics'...

Other symbols: UNH
2 months ago - Benzinga

Myriad Genetics, Inc. (MYGN) Q4 2024 Earnings Call Transcript

Myriad Genetics, Inc. (NASDAQ:MYGN) Q4 2024 Results Conference Call February 24, 2025 4:30 PM ET Company Participants Matt Scalo - Senior Vice President of Investor Relations Paul Diaz - President an...

2 months ago - Seeking Alpha

Myriad Genetics Reports Fourth Quarter and Full-Year 2024 Financial Results; Full-year 2024 revenue of $838 million grew 11% year-over-year, the second consecutive year of double-digit revenue growth

Highlights Fourth quarter 2024 revenue of $211 million, grew 7% year-over-year driven by continued demand for Pharmacogenomics (14%) and Prenatal (12%) testing. Fourth quarter GAAP gross margin of 71....

2 months ago - GlobeNewsWire

Myriad Genetics Partners with PATHOMIQ to add Artificial Intelligence Technology Platform to its Oncology Portfolio

SALT LAKE CITY, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in molecular diagnostic testing and precision medicine, and PATHOMIQ, Inc., a developer of artificial i...

2 months ago - GlobeNewsWire

Myriad Genetics Included in Forbes America's Best Employers 2025 List

SALT LAKE CITY, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc . (NASDAQ: MYGN), a leader in genetic and genomic tumor testing and precision medicine, has been named on the Forbes list of Amer...

2 months ago - GlobeNewsWire

Myriad Genetics and CancerCARE for Life Announce Agreement to Advance Access to MyRisk with RiskScore Hereditary Cancer Test

SALT LAKE CITY, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic and genomic tumor testing and precision medicine, and INTERLINK Care Management, Inc. announ...

3 months ago - GlobeNewsWire

Myriad Genetics Announces Two New Patents Granted for its Molecular Residual Disease (MRD) Assay

SALT LAKE CITY, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic and tumor genomic testing and precision medicine, announced that the United States Patent an...

3 months ago - GlobeNewsWire

Myriad Genetics and Lumea Collaborate to Enhance Access to the Prolaris Biomarker and MyRisk Hereditary Cancer Tests through BxLink Integration

SALT LAKE CITY, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc . (NASDAQ: MYGN), a leader in genetic and genomic tumor testing and precision medicine, and Lumea Inc., a leader in digital patho...

3 months ago - GlobeNewsWire

Myriad Genetics Unveils Groundbreaking Eight Weeks' Gestation NIPT Study Results at Society for Maternal-Fetal Medicine Conference

SALT LAKE CITY, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc . (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced it will unveil groundbreaking research at t...

3 months ago - GlobeNewsWire

Myriad Genetics Introduces Online Prenatal Genetic Testing Resource

SALT LAKE CITY, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, has launched a new educational website providing comprehensi...

3 months ago - GlobeNewsWire

Myriad Genetics Announces Hereditary Cancer Risk Assessment Program Study Published in Obstetrics & Gynecology

Myriad Genetics announced a hereditary cancer risk assessment program study was published in Obstetrics & Gynecology (also known as The Green Journal).

3 months ago - GlobeNewsWire

Diligent Announces Market Insights Reporting Powered by S&P Global Market Intelligence, Giving Directors and Executives Unrivaled Financial and Risk Insights

NEW YORK--(BUSINESS WIRE)--Diligent, a leading GRC SaaS company, today announced it is collaborating with S&P Global's Market Intelligence division to launch Diligent Market Insights Reporting. Powere...

Other symbols: YEXT
4 months ago - Business Wire

Myriad Genetics Signs Agreement with Nationally Renowned Sports Broadcaster Hannah Storm to Promote the Importance of Knowing Family Cancer History

SALT LAKE CITY, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, announced an agreement with Hannah Storm, a nationally renow...

4 months ago - GlobeNewsWire

UPDATE – Myriad Genetics to Present at 43rd Annual J.P. Morgan Healthcare Conference

News release updated to include the members of the management team speaking at the conference. SALT LAKE CITY, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genet...

4 months ago - GlobeNewsWire

Myriad Genetics to Present at 43rd Annual J.P. Morgan Healthcare Conference

SALT LAKE CITY, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced members of its management team will present ...

4 months ago - GlobeNewsWire

Myriad Genetics Issues Quality, Innovation, and Corporate Responsibility Report

SALT LAKE CITY, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today released its Quality, Innovation, and Corporate Respon...

4 months ago - GlobeNewsWire

Myriad Genetics' RiskScore Study Named One of the Top 10 Significant Advances in Genomic Medicine in American Journal of Human Genetics

Myriad Genetics announced a MyRisk® Hereditary Cancer Test with RiskScore® study was named as one of the top 10 significant advances in genomic medicine.

5 months ago - GlobeNewsWire