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Forecast
The analysts' average price target is €4.29 (-15.22%). The median is €4.00 (-20.95%).
| Buy |
Â
8 |
| Hold |
Â
22 |
| Sell |
Â
7 |
News Go to news feed
Myriad Genetics relies on cancer tests and operational measures after weak quarter
Myriad Genetics reported an 11% decline in revenue and a 9% drop in average selling prices in the second quarter, prompting a cut to its full-year guidance. Weakness in prenatal testing and pressure on reimbursement for hereditary cancer tests hurt results, while MyRisk volumes continue to grow in the high single to low double digits and GeneSight remains stable. Management announced initiatives including Project Ascend, billing-cycle optimizations, a portfolio review and increased focus on MRD and oncology products; initial positive effects are expected from 2027. Liquidity stood at roughly $190 million, and the outlook for 2026 remains conservative, with no assumption of a near-term price recovery or strong contributions from new products and sales hires. » More on de.investing.com
Piper Sandler downgrades Myriad Genetics from overweight to underweight
Piper Sandler cut its rating for Myriad Genetics from overweight to underweight and lowered the price target from $5.45 to $2.00. Analysts cited structural issues that, without asset sales, make sustained profitability unlikely. Myriad reported Q2 revenue of $190.7 million (down 10.5% y/y) and lowered its full‑year guidance to about $780 million. The stock fell sharply in premarket trading and is trading near its 52‑week low. » More on de.investing.com
Myriad Genetics launches commercial FirstGene multiple prenatal test
Myriad Genetics has introduced the FirstGene Multiple Prenatal Screen, a laboratory test that combines four prenatal genetic screenings from a single blood sample as early as the eighth week of pregnancy. The test includes fetal chromosomal screening, fetal single‑gene screening, maternal carrier screening and fetal RhD screening, and returns results in about ten days. According to the company, analytical sensitivity is over 98% and specificity over 99%; validation results were published in June 2026 in Clinical Chemistry. FirstGene complements Myriad Genetics’ existing prenatal diagnostics portfolio and can be ordered at FirstGeneScreen.com. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | September 2026 | YoY |
|---|---|---|
| Revenue | 178.95M | 2.09% |
| Gross profit | 121.57M | 0.79% |
| Net profit | -38.76M | 66.00% |
| EBITDA | -34.87M | 317.59% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €488.36M |
Number of shares | 95.65M |
52-week high/low | €7.20 - €2.44 |
| Dividends | No |
Beta | 1.61 |
P/E ratio | -4.21 |
PEG ratio | -0.09 |
P/B ratio | 2.04 |
P/S ratio | 0.68 |
Company profile
Myriad Genetics, Inc., a genetic testing and precision medicine company, develops and commercializes genetic tests in the United States and internationally. The company offers molecular diagnostic tests for use in oncology, and women's and mental health applications. It provides MyRisk Hereditary Cancer Test, a DNA sequencing test for assessing the risks for hereditary cancers; BRACAnalysis CDx Germline Companion Diagnostic Test, a DNA sequencing test to help determine the therapy for patients with metastatic breast, ovarian, metastatic pancreatic, or 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. The company also offers Prolaris Prostate Cancer Prognostic Test, a RNA expression tumor analysis for assessing the aggressiveness of prostate cancer; EndoPredict Breast Cancer Prognostic Test, a RNA expression test for assessing the aggressiveness of breast cancer; Precise Tumor, a solution for precision oncology; and Prequel Prenatal Screen, a non-invasive prenatal screening test conducted using maternal blood to screen for severe chromosomal disorders in a fetus. In addition, it provides Foresight Carrier Screen, a prenatal test for future parents to assess their risk of passing on a recessive genetic condition to their offspring; and GeneSight Psychotropic Mental Health Medication Test, a DNA genotyping test to aid psychotropic drug selection for patients suffering from depression, anxiety, ADHD, and other mental health conditions. Myriad Genetics, Inc. has a strategic collaboration with Illumina, Inc. and Intermountain Precision Genomics for an offering of germline and somatic tumor testing services. The company was founded in 1991 and is headquartered in Salt Lake City, Utah.
| Name | Myriad Genetics |
| CEO | Samraat S. Raha |
| Headquarters | Salt Lake City,
ut USA |
| Website | |
| Sector | Health Care |
| Industry | Health Care Equipment & Supplies |
| IPO | 10/06/1995 |
| Employees | 2,700 |
Ticker symbols
| Exchange | Symbol |
|---|---|
NASDAQ | MYGN |
London Stock Exchange | 0K3W.L |
Frankfurt | MYD.F |
DĂĽsseldorf | MYD.DU |
Hamburg | MYD.HM |
London | 0K3W.L |
SIX | MYD.SW |
MĂĽnchen | MYD.MU |