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Myriad Genetics Inc (MYGN)

Upturn stock ratingUpturn stock rating
$6.22
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/28/2025: MYGN (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

15 Analysts rated it

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

1 Year Target Price $7.38

1 Year Target Price $7.38

Analysts Price Target For last 52 week
$7.38 Target price
52w Low $3.76
Current$6.22
52w High $29.3

Analysis of Past Performance

Type Stock
Historic Profit -7.95%
Avg. Invested days 34
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 578.74M USD
Price to earnings Ratio -
1Y Target Price 7.38
Price to earnings Ratio -
1Y Target Price 7.38
Volume (30-day avg) 15
Beta 1.9
52 Weeks Range 3.76 - 29.30
Updated Date 08/29/2025
52 Weeks Range 3.76 - 29.30
Updated Date 08/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -4.31

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 2025-08-05
When -
Estimate -0.01
Actual 0.05

Profitability

Profit Margin -47.45%
Operating Margin (TTM) -5.87%

Management Effectiveness

Return on Assets (TTM) -5.44%
Return on Equity (TTM) -70.03%

Valuation

Trailing PE -
Forward PE 3333.33
Enterprise Value 658937579
Price to Sales(TTM) 0.69
Enterprise Value 658937579
Price to Sales(TTM) 0.69
Enterprise Value to Revenue 0.79
Enterprise Value to EBITDA -23.47
Shares Outstanding 93044600
Shares Floating 85688519
Shares Outstanding 93044600
Shares Floating 85688519
Percent Insiders 2.84
Percent Institutions 98.31

ai summary icon Upturn AI SWOT

Myriad Genetics Inc

stock logo

Company Overview

overview logo History and Background

Myriad Genetics Inc. was founded in 1991. It focuses on genetic testing and precision medicine, with significant milestones including the development of the BRCA1/2 test for breast and ovarian cancer risk and expanding into other areas like hereditary cancer, pharmacogenomics, and prenatal testing.

business area logo Core Business Areas

  • Hereditary Cancer Testing: Offers tests to assess an individual's risk for developing certain cancers, including breast, ovarian, colon, and prostate cancer. Key tests include myRisk Hereditary Cancer and BRACAnalysis.
  • Pharmacogenomics: Provides GeneSight Psychotropic, a test that helps healthcare providers determine which medications may work best for patients with depression, anxiety, and other psychiatric conditions based on their genetic makeup.
  • Prenatal Testing: Offers Prequel Prenatal Screen, a non-invasive prenatal screening (NIPS) test that assesses the risk of certain chromosomal abnormalities in a fetus.

leadership logo Leadership and Structure

Paul Diaz is the President and CEO. The company has a typical corporate structure with a board of directors overseeing management.

Top Products and Market Share

overview logo Key Offerings

  • myRisk Hereditary Cancer: A multigene panel test assessing risk for eight common cancers. While specific market share data is not readily available, it competes with other multigene panel providers. Competitors include Invitae and Ambry Genetics (now part of Konica Minolta).
  • GeneSight Psychotropic: A pharmacogenomic test used to guide antidepressant treatment. While specific market share data is not available, it is a leading test in its category. Competitors include Assurex Health (now part of Myriad).
  • Prequel Prenatal Screen: A non-invasive prenatal screening test. Competitors include Natera (NTRA) and Illumina (ILMN).

Market Dynamics

industry overview logo Industry Overview

The genetic testing market is experiencing rapid growth due to technological advancements, increased awareness, and the growing adoption of precision medicine. The industry is highly competitive and regulated.

Positioning

Myriad Genetics Inc. is a key player in the genetic testing market, particularly in hereditary cancer and pharmacogenomics. Its competitive advantages include its established brand, proprietary technology, and strong relationships with healthcare providers.

Total Addressable Market (TAM)

The global genetic testing market is projected to reach hundreds of billions by 2030. Myriad is well-positioned to capture a portion of this TAM through its existing product lines and potential expansion into new areas.

Upturn SWOT Analysis

Strengths

  • Established brand recognition
  • Proprietary technology and intellectual property
  • Extensive database of genetic information
  • Strong relationships with healthcare providers
  • Diverse product portfolio

Weaknesses

  • Reliance on a few key products
  • Exposure to changing reimbursement policies
  • Litigation risk related to patent protection
  • Competition from larger, more diversified companies

Opportunities

  • Expanding into new geographic markets
  • Developing new genetic tests for other diseases
  • Partnering with pharmaceutical companies to develop companion diagnostics
  • Leveraging data analytics to improve patient outcomes

Threats

  • Increased competition from other genetic testing companies
  • Changes in reimbursement policies that reduce payments for genetic tests
  • Negative publicity related to the accuracy or utility of genetic tests
  • Data privacy and security breaches

Competitors and Market Share

competitor logo Key Competitors

  • ILMN
  • NTRA
  • LH
  • DGX

Competitive Landscape

Myriad Genetics Inc. faces intense competition in the genetic testing market. Illumina and Natera, for example, have significant market share in certain segments. The company's ability to innovate and maintain its competitive advantages will be crucial for future success.

Major Acquisitions

Counsyl (Assurex Health previously)

  • Year: 2018
  • Acquisition Price (USD millions): 375
  • Strategic Rationale: Expanded Myriad's prenatal testing and pharmacogenomics capabilities.

Growth Trajectory and Initiatives

Historical Growth: Past growth depended on key product performance.

Future Projections: Analyst estimates can be found on financial news sites. (Actual data unavailable for real-time update)

Recent Initiatives: Recent initiatives may include product launches or strategic partnerships.

Summary

Myriad Genetics is a key player in genetic testing, but faces strong competition and reliance on key products. Strengths include their brand recognition and proprietary technology. Threats include reimbursement policy changes and data privacy concerns. To maintain growth, the company should focus on innovation and strategic partnerships. Overall, Myriad's future success depends on its ability to adapt to the evolving genetic testing landscape.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is based on publicly available information and should not be considered financial advice. Market share estimates are approximate.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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 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 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 was founded in 1991 and is headquartered in Salt Lake City, Utah.