Illumina, Inc.(ILMN)
NASDAQ

ILMN Stock Analysis — September 2026

$221.66
8.41 (3.94%)

ILMN Stock Price Today (September 2026) — Illumina, Inc. Analysis & Key Metrics 2026-09-03

Illumina, Inc. (ILMN) is trading at $221.66, up 3.94% today (as of September 2026). The stock continues to show sustained strength above key moving averages, attracting attention from investors looking for Healthcare growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $198.89 (-10.3% upside).
  • Volatility remains elevated (46.27% annualized), implying wide price swings for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (9.40% YoY) alongside significant competitive pressures.

ILMN Stock Analysis: Key Metrics & Valuation (September 2026)

Concise, actionable data for investors

Trend posture
Short-term pullback in long-term uptrend
Analyst 1Y target198.8947-10.3%
Volatility (30d ann.)46.2737High
RSI (14-day)
61.99 (Neutral)
Debt$2.53B (89.04 D/E)

Illumina, Inc. - Historical Price & Volume

$221.66
+91.90 (+70.82%)
Price
Volume
Current Price Line
Range: 2Y

Market Cap

$32.26B

Enterprise Value: $33.91B

P/E Ratio

41.67

Forward P/E: 35.04

Revenue Growth

+9.40%

Year over Year

Analyst Target

$198.89

+-10.3% upside potential

Key Investor Questions About ILMN

What investors need to know before buying

Is it a good time to buy ILMN stock?

Based on current market data, ILMN presents a neutral technical setup with caution warranted fundamentals.

  • Technicals say: Neutral (RSI 61.99)
  • Fundamentals say: Caution warranted (high leverage concerns)
Can ILMN sustain revenue growth in the Diagnostics & Research market?

ILMN's growth trajectory depends on its ability to expand within the Diagnostics & Research sector while managing margin pressures.

  • Future growth will depend on performance in core Diagnostics & Research operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks facing ILMN stock?

The primary risks for ILMN investors include debt exposure and competitive dynamics in the Diagnostics & Research industry.

  • $2.53B in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Diagnostics & Research.

52-Week Trading Range

52-Week Low$88.00
52-Week High$231.81
Current Price$221.66

Over the past year, ILMN stock traded between $88.00 and $231.81—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility46.27%
Beta1.05
RSI (14-day)61.99

With 46.27% annualized volatility and β=1.05, the stock exhibits moderate correlation to market moves—making ILMN suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership19.60%
Institutional Ownership106.48%
Shares Short9.46M

High institutional backing, but elevated short interest signals a potential battleground stock.

Analyst Sentiment & Price Targets

Mean Target
$198.89
Upside Potential
-10.3%
Recommendation
buy
The stock is trading above the mean analyst target of $198.89, suggesting it may be fully valued relative to current consensus estimates.

Latest News & Headlines

Recent headlines and coverage

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Simply Wall St.Aug 26, 2026

Illumina (ILMN) Renews $1b Credit Line After Rally As Fair Value Debate Builds

Illumina (ILMN) has entered a new US$1.0b senior unsecured five year revolving credit facility that replaces its prior agreement, giving the company fresh financing flexibility without any current borrowings reported under the line. Illumina’s new revolving credit facility arrives during a strong run in the stock, with a 7 day share price return of 19.49% and a 90 day share price return of 49.82%. The 1 year total shareholder return of 127.88% contrasts with a 5 year total shareholder return...

Simply Wall St.Aug 25, 2026

Illumina (ILMN) Replaces Prior Deal With $1 Billion Revolving Credit Facility

Illumina (NasdaqGS: ILMN) has entered into a new US$1b unsecured revolving credit facility, replacing its previous agreement. The new facility provides updated covenants and increased flexibility for Illumina's future financing plans. The credit line is expected to serve as a liquidity backstop and support the company's broader capital structure decisions. Consider reviewing other companies with meaningful financing flexibility and balance sheet capacity in related areas through 38 power...

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Frequently Asked Questions

Common investor questions about Illumina, Inc.

Illumina, Inc. (ILMN) is currently trading at $221.66. The RSI (14-day) is at 62.0, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $198.89 implies 10.3% downside from current levels. Volatility is high at 46.3% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for Illumina, Inc. (ILMN): The trailing P/E ratio is 41.67, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is 35.04, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 3.23, above 2.0, suggesting the stock may be overvalued relative to its expected growth. Price-to-Book is 11.79. Price-to-Sales is 7.45. Valuation should be compared to Diagnostics & Research industry peers for context, as different sectors trade at different multiples.

Based on 19 analysts covering ILMN, the consensus price target is $198.89. This represents a 10.3% downside from the current price of $221.66. The range spans from a low target of $113.00 to a high target of $230.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

Illumina, Inc. (ILMN) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.

Key risks for Illumina, Inc. (ILMN) investors include: 1. High volatility (46.3% annualized)—the stock can experience significant daily price swings. 2. Elevated short interest (10.3% of float) suggests significant bearish sentiment. 3. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 4. Diagnostics & Research sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is Illumina, Inc.'s (ILMN) current debt and financial health profile: Total debt stands at $2.53B. The debt-to-equity ratio is 89.04, which is elevated and warrants monitoring, especially in a rising interest rate environment. The current ratio is 1.80, indicating strong short-term liquidity. The quick ratio is 1.25. The company holds $1.17B in cash and equivalents. Free cash flow is positive at $797.63M, providing a cushion for debt servicing and shareholder returns.