MYGN · NASDAQ · Medical - Diagnostics & Research

Myriad Genetics (MYGN)

Offers hereditary cancer, tumor profiling, prenatal, and GeneSight pharmacogenomic tests.

$4.02
vs last close−0.00 (−0.00%)
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Myriad Genetics, Inc.MYGN
Health Care

Sells molecular diagnostic and precision medicine tests across oncology, women's health, and mental health. Revenue is disclosed by hereditary cancer, tumor profiling, prenatal, and mental health categories while operations are managed as one segment.

Runs a molecular diagnostics and precision medicine test menu anchored in oncology, women's health, and mental health. Current brands include MyRisk, BRACAnalysis CDx, MyChoice CDx, Prolaris, Precise Tumor, Precise MRD, Prequel, Foresight, FirstGene, SneakPeek, and GeneSight.

Extends the original BRCA cancer-risk franchise into tumor profiling, prenatal testing, and pharmacogenomics. Assurex added GeneSight in mental health, while Counsyl added reproductive genetic testing capabilities that support the women's-health portfolio.

Operates from Salt Lake City under one reporting segment. Execution depends on reimbursement coverage, companion-diagnostic approvals, product launches such as Precise MRD, and the broader post-BRCA patent environment.

Company facts

CEOSamraat S. Raha
ListedOct 5, 1995
ExchangeNASDAQ
HeadquartersSalt Lake City, UT
CountryUnited States
Employees2,700
CIK0000899923
ISINUS62855J1043

Market cap$379.7M
EPS (ttm)−$1.19
P/E (ttm)−3.36
ROE-32.6%
P/B1.25
P/S0.4707
Dividend yieldDiv yield
Beta1.10vs XLV 0.72

Price target$3.00−25.4%Average of 36 analysts
ConsensusHold22 of 36 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 9, 2026UBSReiterate
Rating: Target: $6
Rating: NeutralTarget: $3.60
Sep 1, 2026Piper SandlerDowngrade
Rating: OverweightTarget: $12.50
Rating: UnderweightTarget: $2
Aug 18, 2026StephensTarget
Target: $22
Target: $3
Aug 3, 2026Wells FargoReiterate
Rating: Target: $6
Rating: Equal WeightTarget: $3
Feb 24, 2026UBSReiterate
Rating: Target: $8
Rating: NeutralTarget: $6

Next report
Nov 2, 26
in 40 days
EPS estimate
−$0.16
Revenue estimate
$191.4M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Jul '26Nov '26
Reported$0.03−$0.03$0.05−$0.13$0.04−$0.09−$0.25Pending
Estimate$0.03−$0.05−$0.01−$0.01−$0.02−$0.06−$0.06−$0.16
Surprise0.0%+40.0%+600.0%−1,200.0%+300.0%−50.0%−331.9%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Jul '26Nov '26
Reported$210.6M$195.9M$213.1M$205.7M$209.8M$200.4M$190.7MPending
Estimate$210.3M$211.7M$205.2M$207.0M$207.4M$202.4M$206.0M$191.4M
Surprise+0.1%−7.5%+3.8%−0.6%+1.1%−1.0%−7.4%
Estimate−$0.16
ReportedDue Nov 2, 2026
Estimate$191.4M
ReportedDue Nov 2, 2026
View details

Debt to equity69.30%
Current ratio221.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$213.3M$210.6M$195.9M$213.1M$205.7M$209.8M$200.4M$190.7M
Net income−$22.1M−$42.5M−$100.0K−$330.5M−$27.4M−$7.9M−$34.1M−$43.2M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$20.0M−$39.0M−$29.0M−$329.2M−$23.3M−$5.7M−$30.7M−$38.9M
YoY growthLoss narrowedLoss widenedLoss widenedLoss widenedLoss widenedLoss narrowedLoss widenedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $115.2M · Total debt $210.5M · Total assets $638.9M · Shareholders' equity $303.9M

Revenue
$190.7M
Operating income
−$38.9M
Net income
−$43.2M
View details

No dividends on record.

Institutions94.84%90.71M shares
200 holders · as of Jun 30, 2026
Insiders6.28%6.00M shares
21 holders · as of Sep 22, 2026
Strategic holders20.94%20.03M shares
3 holders · as of Sep 4, 2026
Adds to122.06%

95.65M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 122.06%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
11.39%10.89Mas of Jun 30, 2026
BlackRock Portfolio Management LLCStrategic
10.35%9.90Mfiled Sep 4, 2026
Millennium Management LLCInstitution
6.92%6.62Mas of Jun 30, 2026
Vestal Point Capital, LPInstitution
6.00%5.74Mas of Jun 30, 2026
Integrated Core Strategies (US) LLCStrategic
5.42%5.18Mfiled Feb 11, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 8, 2026Rashmi Kumardirector−15,000$4.46
May 14, 2026Paul Bisarodirector+7,500$3.69
Mar 9, 2026Samraat S. Rahadirector, officer: President and CEO+40,000$5.00
Feb 25, 2026S. Louise Phanstieldirector+6,100$4.74
Feb 26, 2026S. Louise Phanstieldirector+50,407$4.80
View details

  • Natera

    Broad overlap in prenatal, hereditary cancer, and MRD testing

  • Tempus AI

    Direct overlap in oncology, hereditary cancer, and GeneSight PGx

  • Labcorp

    Scale lab rival across genetics, oncology, prenatal, and PGx

  • BillionToOne

    Direct prenatal challenger with growing oncology liquid biopsy

  • Quest Diagnostics

    National lab rival in advanced diagnostics and genetic testing

  • Guardant Health

    Precision-oncology rival in tumor profiling, CDx, and MRD

  • Caris Life Sciences

    Precision-oncology rival in molecular profiling and therapy selection

  • Veracyte

    Cancer classifier rival centered on prostate genomics

Compare

CompanyPriceChange
Myriad Genetics$4.02−0.00%$379.7M0.5−10.5%
Natera$389.88−0.26%$55.98B20.7+37.7%
Tempus AI$76.92−0.35%$13.52B9.4+21.6%
Labcorp$311.75+0.07%$25.55B25.816.51.8+5.8%
BillionToOne$115.47−0.52%$5.34B187.2147.213.4+64.3%
Quest Diagnostics$237.42+1.13%$25.92B24.920.72.2+10.2%
Guardant Health$176.88−0.16%$23.77B20.1+44.3%
Caris Life Sciences$31.38−0.28%$8.90B87.9124.69.0+45.4%
Veracyte$42.65−1.64%$3.46B31.023.56.2+15.5%
Median31.023.59.2+29.6%