Myriad Genetics Inc (MYGN)

Currency in USD
2.86
-2.51(-46.74%)
Closed·
2.91+0.05(+1.75%)
·
Unusual trading volume
Trading near 52-week Low
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Fair Value
Day's Range
2.813.26
52 wk Range
2.818.59
Key Statistics
Prev. Close
5.37
Open
3.1
Day's Range
2.81-3.26
52 wk Range
2.81-8.59
Volume
15.16M
Average Volume (3m)
1.85M
1-Year Change
-26.8542%
Book Value / Share
3.22
Fair Value
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Fair Value Upside
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MYGN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
5.75
Upside
+101.05%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in oversold territory

Myriad Genetics Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

2 Buy
5 Hold
2 Sell
Ratings:
9 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 5.75
(+101.05% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
TD Cowen
Hold4.00+39.86%6.00Maintain31-07-2026
Craig-Hallum
Buy10.00+249.65%18.00Maintain06-05-2026
Wells Fargo
Hold5.50+92.31%6.00Maintain06-05-2026
TD Cowen
Buy6.00+109.79%7.00Maintain06-05-2026
UBS
Hold6.00+109.79%8.00Maintain24-02-2026

Myriad Genetics Inc Earnings Call Summary for Q2/2026

  • Myriad Genetics Q2 revenue fell 11% to $190.7M, missing estimates by $15.3M; adjusted loss of $0.25/share vs. expected $0.06 loss.
  • Shares plunged 31.7% after-hours to $3.67 following the miss; gross margin compressed to 66.6% from 71.2% year-over-year amid reimbursement pressures.
  • Company slashed FY2026 revenue guidance to $770M-$790M and suspended adjusted EBITDA guidance due to reimbursement headwinds and collection issues.
  • Cancer Care revenue dropped 11% to $114.1M, Prenatal fell 16% to $40M, Mental Health declined 3% to $36.8M despite 10% MyRisk volume growth.
  • Management expects Q3 revenue flat to slightly higher than Q2, with Q4 improvement; launched FirstGene, Prolaris+ AI, and expanded Precise MRD access.
Last Updated: 31-07-2026, 03:00 am
Read Full Transcript

Earnings

Latest Release
30-07-2026
EPS / Forecast
-0.25 / -0.06
Revenue / Forecast
190.7M / 206.03M
EPS Revisions
Last 90 days

MYGN Income Statement

Compare MYGN to Peers and Sector

Metrics to compare
MYGN
Peers
Sector
Relationship
P/E Ratio
−2.4x−5.2x−0.3x
PEG Ratio
−0.03−0.050.00
Price/Book
0.9x1.7x2.6x
Price / LTM Sales
0.3x20.5x3.0x
Upside (Analyst Target)
74.8%188.7%56.3%
Fair Value Upside
Unlock−13.0%9.2%Unlock

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.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
30.29M32.07%86.64M
Other Institutional Investors
69.12M67.93%197.68M
Public Companies & Retail Investors
0.000.00%0.00
Total
99.41M100.00%284.32M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.9.41%88,89,64425,424
Millennium Management LLC7.06%66,68,81719,073

FAQ

What Is the Myriad Genetics (MYGN) Share Price Today?

The Myriad Genetics share price today is 2.86.

What is the current Myriad Genetics (MYGN) share price and day range?

As of 02-08-2026, the Myriad Genetics share price is 2.86, with a previous close of 5.37. The share price has ranged from 2.81 to 3.26 today, while the 52-week range spans from 2.81 to 8.59.

What Is the Myriad Genetics Market Cap?

As of today, Myriad Genetics market cap is 273.56M.

What Is the Myriad Genetics (MYGN) Share Price Target?

The average 12-month share price target for Myriad Genetics is 5.75, with a high estimate of 10 and a low estimate of 4. 2 analysts recommend buying, while 2 suggest selling, with an overall rating of Neutral and +101.05% Upside potential.

What Is Myriad Genetics's Earnings Per Share (TTM)?

The Myriad Genetics EPS (TTM) is -1.20.

When Is the Next Myriad Genetics Earnings Date?

Myriad Genetics will release its next earnings report on 09-11-2026.

From a Technical Analysis Perspective, Is MYGN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

What Stock Exchange Does Myriad Genetics Trade On?

Myriad Genetics is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Myriad Genetics?

The stock symbol for Myriad Genetics is "MYGN."

How Many Times Has Myriad Genetics Stock Split?

Myriad Genetics has split 2 times.

How Many Employees Does Myriad Genetics Have?

Myriad Genetics has 2700 employees.

What Is the MYGN Premarket Price?

MYGN's last pre-market stock price is 2.95. The pre-market share volume is 1,87,440.00, and the stock has changed by -2.42, or -45.07%.

What Is the MYGN After Hours Price?

MYGN's last after hours stock price is 2.91, the stock has changed by 0.05, or 1.75%.
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