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Myriad Genetics (MYGN)
NASDAQ:MYGN
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Myriad Genetics (MYGN) Price & Analysis

432 Followers

MYGN Stock Chart & Stats

$3.19
-$0.09(-1.58%)
At close: 4:00 PM EDT
$3.19
-$0.09(-1.58%)

Bulls Say, Bears Say

Bulls Say
Strong Gross MarginsConsistently high gross margins indicate that Myriad’s diagnostic products retain substantial economic value and pricing support. This provides a foundation for improved earnings if management can control operating costs, expand test utilization, and convert gross profit into sustainable operating income.
Manageable Balance-Sheet LeverageAlthough leverage has increased, debt remains below equity and the company retains positive shareholders’ equity. That balance-sheet cushion provides some capacity to fund operations and pursue improvement initiatives while reducing the immediate risk that financial obligations overwhelm the business.
Commercial Leadership ContinuityThe appointment adds experienced molecular diagnostics and oncology leadership to the commercial organization while maintaining continuity through the transition. Reaffirmed guidance also signals management confidence in execution and supports a focused strategy around cancer care and profitable growth.
Bears Say
Persistent Operating LossesDeep operating losses show that strong product-level gross margins are currently more than offset by operating expenses. Unless Myriad achieves meaningful cost discipline or renewed growth, continued losses can weaken equity, constrain investment, and delay durable earnings generation.
Flat-to-Declining RevenueRecent revenue stagnation or contraction suggests that prior growth has not yet translated into a durable expansion trajectory. Weaker volume or mix reduces operating leverage, makes fixed costs harder to absorb, and raises the importance of successful commercial execution to restore growth.
Fragile Free Cash FlowThe return to modest positive operating cash flow is encouraging, but negative and historically volatile free cash flow shows that cash generation is not yet dependable. Persistent inconsistency can limit internally funded growth and leave less flexibility to manage losses or rising leverage.

Myriad Genetics News

MYGN FAQ

What was Myriad Genetics’s price range in the past 12 months?
Myriad Genetics lowest stock price was $2.74 and its highest was $8.59 in the past 12 months.
    What is Myriad Genetics’s market cap?
    Myriad Genetics’s market cap is $369.21M.
      When is Myriad Genetics’s upcoming earnings report date?
      Myriad Genetics’s upcoming earnings report date is Nov 09, 2026 which is in 52 days.
        How were Myriad Genetics’s earnings last quarter?
        Myriad Genetics released its earnings results on Jul 30, 2026. The company reported -$0.25 earnings per share for the quarter, missing the consensus estimate of -$0.058 by -$0.192.
          Is Myriad Genetics overvalued?
          According to Wall Street analysts Myriad Genetics’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Myriad Genetics pay dividends?
            Myriad Genetics pays a Monthly dividend of $1.75 which represents an annual dividend yield of 13.45%. See more information on Myriad Genetics dividends here
              What is Myriad Genetics’s EPS estimate?
              Myriad Genetics’s EPS estimate is -0.21.
                How many shares outstanding does Myriad Genetics have?
                Myriad Genetics has 95,649,640 shares outstanding.
                  What happened to Myriad Genetics’s price movement after its last earnings report?
                  Myriad Genetics reported an EPS of -$0.25 in its last earnings report, missing expectations of -$0.058. Following the earnings report the stock price went down -46.741%.
                    Which hedge fund is a major shareholder of Myriad Genetics?
                    Currently, no hedge funds are holding shares in MYGN
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Myriad Genetics

                      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, a DNA sequencing test for hereditary cancers; BRACAnalysis CDx Germline Companion Diagnostic test, a DNA sequencing test 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; FirstGene; 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.; University of Texas M.D. Anderson Cancer Center; Mayo Foundation for Medical Education and Research; Children’s Medical Center in Boston; Institut Curie and INSERM; and Eurobio Scientific SA. The company was founded in 1991 and is headquartered in Salt Lake City, Utah.

                      Myriad Genetics (MYGN) Earnings & Revenues

                      MYGN Company Deck

                      MYGN Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      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.View all MYGN earnings summaries

                      MYGN Stock 12 Month Forecast

                      Average Price Target

                      $3.04
                      ▼(-4.61% Downside)
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