MYGN · NASDAQ · Medical - Diagnostics & Research

Myriad Genetics

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

$3.16
After-hours close+0.02 (+0.48%)
At close$3.15(−1.10%)
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Profile

Myriad Genetics, Inc.MYGNHealth 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

Key statistics

Market cap$298.5M
EPS (ttm)−$1.19
P/E (ttm)−2.65
ROE-32.6%
P/B0.9857
P/S0.3700
Dividend yield
Beta1.15vs XLV 0.76

Year to date −48.8% · Average volume (30d) 2.2M

Analysts

Price target, next 12 months$3.00−5.1%Median of 36 analysts · vs the Aug 28 close
ConsensusHold8 of 36 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 18, 2026StephensTarget$22$3
Aug 3, 2026Wells FargoReiterateEqual Weight$6$3
Feb 24, 2026UBSReiterateNeutral$8$6
Nov 4, 2025UBSReiterateNeutral$7$8
May 21, 2025ScotiabankDowngradeSector OutperformSector Perform

Earnings

EPS

Estimate−$0.21
ReportedDue Nov 2, 2026

Revenue

Estimate$191.3M
ReportedDue Nov 2, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 30, 2026Q2 FY26−$0.06−$0.25−331.9%$206.0M$190.7M−7.4%−46.74%
May 5, 2026Q1 FY26−$0.06−$0.09−50.0%$202.4M$200.4M−1.0%−18.29%
Feb 23, 2026Q4 FY25−$0.02$0.04+300.0%$207.4M$209.8M+1.1%+1.14%
Nov 3, 2025Q3 FY25−$0.01−$0.13−1,200.0%$207.0M$205.7M−0.6%−21.03%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$195.9M$213.1M$205.7M$209.8M$200.4M$190.7M
Gross profit$134.2M$151.8M$143.8M$146.8M$137.6M$127.0M
Operating income−$29.0M−$329.2M−$23.3M−$5.7M−$30.7M−$38.9M
Net income−$100.0K−$330.5M−$27.4M−$7.9M−$34.1M−$43.2M
Diluted EPS−$0.00−$3.57−$0.29−$0.08−$0.36−$0.46
Gross margin68.5%71.2%69.9%70.0%68.7%66.6%
Operating margin-14.8%-154.5%-11.3%-2.7%-15.3%-20.4%

Fiscal years (4-quarter sums)FY21 $690.6M · FY22 $678.4M · FY23 $753.2M · FY24 $837.6M · FY25 $824.5M

Revenue by geography · Q2 FY26

United States$214.3M · 94%
Non-US$13.2M · 6%

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

Dividends

No dividends on record.

Ownership

Institutions 96.05%Insiders 7.12%

Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.

Shares outstanding 94.45M · Float 87.86M · 93.0% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.10.89M11.53%13FAug 7, 2026
Millennium Management LLC6.62M7.01%13FAug 14, 2026
Vestal Point Capital, LP5.74M6.10%13GAug 14, 2026
Integrated Core Strategies (US) LLC5.18M5.60%13GFeb 11, 2026
State Street Corporation4.99M5.30%13GAug 7, 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

Peers

  • 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

CompareAfter-hours close

CompanyPriceChange
Myriad Genetics$3.16+0.48%$298.5M0.4−10.5%
Natera$325.30−0.26%$46.73B17.3+37.7%
Tempus AI$63.44−0.89%$11.22B7.8+21.6%
Labcorp$333.00−0.68%$27.48B27.717.71.9+5.8%
BillionToOne$93.00−0.33%$4.29B150.4123.110.8
Quest Diagnostics$244.50+0.69%$26.79B25.821.22.3+10.2%
Guardant Health$161.50−0.03%$21.67B18.3+44.3%
Caris Life Sciences$25.63−0.03%$7.25B71.6101.67.3+45.4%
Veracyte$44.20+2.01%$3.46B31.023.96.2+15.5%
Median31.023.97.6+21.6%