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Myriad Genetics (MYD) AI Stock Analysis

DE:MYD

Myriad Genetics

(XETRA:MYD)

Rating:―N/A
Action:N/A
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No summary available

Positive Factors
Strong Gross MarginsConsistently high gross margins indicate that Myriad’s diagnostic products generate substantial value after direct testing costs. This provides a foundation for operating leverage if test volumes improve or expenses are controlled, while supporting continued investment in clinical evidence, reporting, and commercial adoption.
Negative Factors
Persistent Operating LossesSustained operating and net losses show that strong product-level gross margins are currently overwhelmed by operating expenses. Until Myriad reaches durable operating profitability, it may have less flexibility to invest in growth, absorb setbacks, or convert diagnostic demand into shareholder value.

Myriad Genetics (MYD) vs. iShares MSCI Germany ETF (EWG)

-60%-40%-20%0%20%DE:MYD+0.18%EWG+4.43%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
EUR 607.37M
Dividend Yield
―
Average Volume (3M)
1,220
Price to Earnings (P/E)
-5.3
Beta (1Y)
0.21
Revenue Growth
-9.69%
EPS Growth
73.04%
Country
Germany
Employees
2,700
Sector
Healthcare
Sector Strength
51
Industry
Medical - Diagnostics & Research

Myriad Genetics Business Overview & Revenue Model

Company Description

Myriad Genetics, Inc., a molecular diagnostics and precision medicine company, develops molecular tests. The company offers molecular diagnostic tests for oncology, women’s health, and pharmacogenomics. It also provides MyRisk Hereditary Cancer test,...

Myriad Genetics Earnings Call Summary

Earnings Call Date:May 04, 2026(Q1-2026)|% Change Since:37.46%|Next Earnings Date:Nov 08, 2020
Earnings Call SentimentPositive

The call emphasized meaningful progress in core growth engines (double-digit hereditary cancer growth, robust GeneSight performance, solid gross margins and a deep product pipeline) and management reaffirmed full-year guidance and positive adjusted EBITDA expectations. Near-term pressures include a Q1 adjusted EBITDA loss, higher operating expense due to accelerated commercial hiring, and a notable prenatal revenue decline. Management is investing to drive back-half acceleration but execution (sales ramp, MRD adoption, payer reimbursement) will determine pace of recovery. On balance, the positives around market share gains, product launches and revenue guidance outweigh the short-term profitability and prenatal headwinds.

Positive Updates

Revenue within Guidance
Q1 revenue of $200.4 million, up ~2% year-over-year and within the company's Q1 guidance range; management reaffirmed full-year revenue guidance of $860M–$880M.

Negative Updates

Q1 Profitability Shortfall and Cash Burn
Reported adjusted EBITDA loss (~$4.5M–$5M) and adjusted EPS loss of $0.09 in Q1; management noted Q1 is the heaviest cash burn quarter and that accelerated commercial investments contributed to the near-term loss.

Company Guidance

Management reaffirmed full‑year 2026 guidance of $860–$880 million revenue, adjusted gross margin of 68–69% and adjusted EBITDA of $37–$49 million, while expecting sequential revenue growth in the low single digits in Q2 that accelerates through the back half (H2 stronger than H1). Q1 results were revenue $200.4M (within guidance) with 385k test results, gross margin ~68.7–69%, an adjusted EBITDA loss of roughly $4.5–$5.0M and adjusted EPS loss of $0.09; average revenue per test improved ~2% YoY. Operational highlights underpinning the guide included Cancer Care Continuum revenue of $120.2M (+4% YoY) with hereditary testing volume +14% YoY (affected +10%, unaffected +16%), GeneSight revenue $38.3M (+24% YoY) on +7% volume and >39,000 ordering clinicians, prenatal revenue $41.9M (‑15% YoY) and Prolaris mid‑single‑digit growth. Management also cited $199M in available capital, a planned $35M investment in commercial capabilities, hiring of over 100 account executives, and timing for key launches (Prolaris+AI in June, FirstGene commercial in H2’26, broader Precise MRD expansion in Q3 and full MRD commercialization in Q1’27).

Myriad Genetics Risk Analysis

Myriad Genetics disclosed 52 risk factors in its most recent earnings report. Myriad Genetics reported the most risks in the "Finance & Corporate" category.

Higher RiskSector Avg.Lower RiskFinance & CorporateTech & InnovationLegal & RegulatoryProductionAbility to SellMacro & Political
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

0 New Risks

Myriad Genetics Peers Comparison

Overall Rating

UnderperformOutperform
Sector (51)

Financial Indicators

DE:MYD against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
VCYTVCYT78Outperform$4.02B34.738.64%―17.28%323.64%
CSTLCSTL70Outperform$1.14B-56.34-4.15%―3.18%-100.37%
NTRANTRA67Neutral$59.72B-304.63-11.73%―37.82%28.02%
Sector *51Neutral$7.86B-0.30-43.30%2.27%22.53%-2.21%
FLGTFLGT50Neutral$567.37M-7.31-7.87%―6.83%-69.59%
WGSWGS48Neutral$2.06B-18.97-38.72%―25.42%-10900.00%

* Healthcare Sector Average

Performance Comparison

-50%0%50%100%DE:MYDVCYTNTRAFLGTCSTLWGSDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
DE:MYD and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
DE:MYDMyriad Genetics5.71-1.14-16.64%
VCYTVeracyte Inc50.0113.5637.20%
NTRANatera Inc.414.30216.07109.00%
FLGTFulgent Genetics20.62-2.49-10.77%
CSTLCastle Biosciences37.1611.1742.98%
WGSGenedx Holdings Corp.69.06-69.24-50.07%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.