Myriad Genetics Inc.

Myriad Genetics Inc.

Myriad Genetics (MYGN) is a US-based molecular diagnostics company focused on hereditary cancer screening, oncology companion diagnostics and predictive tests that inform treatment decisions. It generates revenue from diagnostic testing services, licensing intellectual property and partnerships with biopharma for companion diagnostics. With a market capitalisation of about $749.94M, it sits in the small-cap segment and can show above-average volatility compared with larger peers. Investors should understand the company’s sensitivity to reimbursement policies, regulatory decisions and competitive pressure from other diagnostics firms. Clinical validation, new test launches or favourable payer coverage can act as catalysts, while declines in test volumes or adverse rulings can weigh on results. This summary is for educational purposes only and not personalised investment advice; suitability depends on individual circumstances and investors should consider risk tolerance, diversification and seek professional advice if needed.

Stock Performance Snapshot

Hold

Analyst Rating

Analysts suggest holding Myriad Genetics stock, as its potential price increase is limited.

Above Average

Financial Health

Myriad Genetics is performing well with strong profits and cash flow, indicating solid financial stability.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

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Genetic Testing Focus

Specialises in hereditary cancer and oncology tests; rising demand for personalised medicine could support growth, though reimbursement and competition create uncertainty.

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Growth & Catalysts

New test approvals, partnerships and improved payer coverage can boost revenue, but volumes and pricing remain variable and may cause swings in results.

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Market & Risks

Market cap under $1bn implies small‑cap risks such as lower liquidity and earnings unpredictability; regulatory and reimbursement outcomes are key drivers.

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