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MYGN 1-star rating from Upturn Advisory
Myriad Genetics Inc (MYGN) company logo

Myriad Genetics Inc (MYGN)

Myriad Genetics Inc (MYGN) 1-star rating from Upturn Advisory
$6.58
Last Close (24-hour delay)
Profit since last BUY-14.32%
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WEAK BUY
BUY since 40 days
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Upturn Stock price based on last close icon Stock price based on last close
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Upturn Advisory Summary

11/05/2025: MYGN (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

3 star rating from financial analysts

15 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $8.29

1 Year Target Price $8.29

Analysts Price Target For last 52 week
$8.29 Target price
52w Low $3.76
Current$6.58
52w High $17.83

Analysis of Past Performance

Type Stock
Historic Profit -21.14%
Avg. Invested days 35
Today’s Advisory WEAK BUY
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 613.35M USD
Price to earnings Ratio -
1Y Target Price 8.29
Price to earnings Ratio -
1Y Target Price 8.29
Volume (30-day avg) 15
Beta 1.81
52 Weeks Range 3.76 - 17.83
Updated Date 11/6/2025
52 Weeks Range 3.76 - 17.83
Updated Date 11/6/2025
Dividends yield (FY) -
Basic EPS (TTM) -4.35

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-04
When -
Estimate -0.0132
Actual -0.2943

Profitability

Profit Margin -48.53%
Operating Margin (TTM) -11.33%

Management Effectiveness

Return on Assets (TTM) -5.69%
Return on Equity (TTM) -72.52%

Valuation

Trailing PE -
Forward PE 54.05
Enterprise Value 783617380
Price to Sales(TTM) 0.74
Enterprise Value 783617380
Price to Sales(TTM) 0.74
Enterprise Value to Revenue 0.94
Enterprise Value to EBITDA -23.47
Shares Outstanding 93213722
Shares Floating 85670620
Shares Outstanding 93213722
Shares Floating 85670620
Percent Insiders 2.9
Percent Institutions 98.66

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Myriad Genetics Inc

Myriad Genetics Inc(MYGN) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Myriad Genetics Inc. was founded in 1991. It initially focused on developing genetic tests for cancer risk assessment. Over time, it expanded its portfolio to include diagnostic, companion diagnostic, and pharmacogenomic tests across various medical specialties.

Company business area logo Core Business Areas

  • Oncology: Provides testing to assess an individual's risk for hereditary cancers, including breast, ovarian, colon, prostate, and melanoma.
  • Women's Health: Offers prenatal screening and reproductive health tests to assess risk for chromosomal abnormalities and other genetic conditions.
  • Pharmacogenomics: Delivers testing that determines how a patient may respond to certain medications, enabling personalized treatment decisions.

leadership logo Leadership and Structure

Paul J. Diaz is the President and CEO. The company has a typical corporate structure with departments such as Research & Development, Sales & Marketing, Finance, and Operations.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • BRACAnalysis CDx: A genetic test for BRCA1 and BRCA2 genes to identify patients with ovarian cancer who are eligible for certain therapies. Competitors include Invitae (NVTA) and NeoGenomics (NEO). Market share is significant in the companion diagnostics for PARP inhibitors.
  • Myriad Precise Oncology Solutions: Assesses tumor mutational burden (TMB), microsatellite instability (MSI) status, and other biomarkers to guide treatment decisions in cancer patients. Competitors include Foundation Medicine (owned by Roche) and Guardant Health (GH).
  • Prolaris: A prostate cancer prognostic test that predicts disease aggressiveness. Competitors include Genomic Health's Oncotype DX Prostate and Decipher Biosciences. Market share is moderate and growing. Revenue data is not disaggregated by product.
  • Vectra DA: A blood test for rheumatoid arthritis (RA) to help guide treatment decisions by quantifying RA disease activity. Competitors include Crescendo Bioscience (owned by Myriad Genetics) and others. Not broken down to a specific revenue number.

Market Dynamics

industry overview logo Industry Overview

The genetic testing market is experiencing rapid growth driven by advancements in technology, increasing awareness of personalized medicine, and the growing prevalence of genetic disorders and cancer. It is also influenced by regulatory policies and reimbursement landscapes.

Positioning

Myriad Genetics is a key player in the personalized medicine market, focusing on genetic testing for cancer risk assessment, diagnosis, and treatment guidance. Its competitive advantages include its established brand, proprietary technologies, and extensive database of genetic information.

Total Addressable Market (TAM)

The TAM for genetic testing is estimated to be in the billions of dollars annually. Myriad is positioned to capture a significant portion of this TAM through its diverse portfolio of tests and its focus on personalized medicine. The TAM can be found in various research reports and analyst estimates for the genetic testing industry, such as those from Grand View Research.

Upturn SWOT Analysis

Strengths

  • Established brand reputation
  • Extensive proprietary database of genetic information
  • Diverse portfolio of diagnostic and companion diagnostic tests
  • Strong relationships with healthcare providers

Weaknesses

  • Reliance on patents for some tests
  • Exposure to reimbursement pressures
  • Competition from other genetic testing companies
  • Past controversies regarding pricing practices

Opportunities

  • Expanding into new therapeutic areas
  • Developing new companion diagnostic tests
  • Increasing adoption of personalized medicine
  • Partnerships with pharmaceutical companies

Threats

  • Changes in reimbursement policies
  • Increased competition from new entrants
  • Patent expirations
  • Ethical and regulatory concerns about genetic testing

Competitors and Market Share

Key competitor logo Key Competitors

  • NVTA
  • NEO
  • GH

Competitive Landscape

Myriad Genetics faces intense competition in the genetic testing market. It differentiates itself through its established brand, proprietary technologies, and comprehensive test menu. However, it must continue to innovate and adapt to changing market dynamics to maintain its competitive position.

Major Acquisitions

Crescendo Bioscience

  • Year: 2014
  • Acquisition Price (USD millions): 270
  • Strategic Rationale: Acquisition of Crescendo Bioscience increased market share in Rheumatoid Arthritis by acquiring the test Vestra DA.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been mixed, with periods of strong growth followed by periods of decline.

Future Projections: Analyst estimates project modest revenue growth in the coming years, driven by new product launches and increasing adoption of genetic testing. However, it depends on market expansion, reimbursement rates, and competition.

Recent Initiatives: Focus on precision medicine solutions, expanding test menu, and cost-cutting initiatives. They are focused on increasing the margins by reducing costs.

Summary

Myriad Genetics holds a strong position in the genetic testing market due to its established brand and diverse test portfolio. However, profitability remains a challenge, and they should continue to innovate to combat the competition. Regulatory and reimbursement risks also require careful management, however they are poised for modest growth in the long run.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Company Website
  • Analyst Reports
  • Market Research Reports

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Financial data is based on publicly available information and may be subject to change. Market share data is estimated and may not be precise. Investment decisions should be made after consulting with a qualified financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Myriad Genetics Inc

Exchange NASDAQ
Headquaters Salt Lake City, UT, United States
IPO Launch date 1995-10-05
President, CEO & Director Mr. Samraat S. Raha
Sector Healthcare
Industry Diagnostics & Research
Full time employees 2700
Full time employees 2700

Myriad Genetics, Inc., a molecular diagnostic testing and precision medicine company, develops and provides 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 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 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; 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.; Memorial Sloan Kettering Cancer Center; the University of Texas MD Anderson Cancer Center; the University of Rochester Medical Center; and Flatiron Health, Inc. The company has a strategic alliance with SOPHiA GENETICS SA for the development of liquid biopsy companion diagnostic (CDx) test. The co