Myriad Genetics, Inc. · Healthcare · Diagnostics & Research
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$3.15
−$0.04 (−1.10%) 4:00 PM ET
Prev closePrevC$3.18
OpenOpen$3.24
Day highHigh$3.24
Day lowLow$3.08
VolumeVol1,424,680
Avg volAvgVol2,225,854
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Mkt cap
$302.25M
EV/Sales
0.38
P/E ratio
-2.67
FY Revenue
$806.60M
EPS
-1.18
Gross Margin
68.83%
Div yield
0.00%
Sector
Healthcare
AI report sections
MIXED
MYGN
Myriad Genetics, Inc.
Myriad Genetics Inc shows short-term price strength with bullish technical signals and a recent rebound off the lower end of its 52-week range. At the same time, profitability remains deeply negative despite high gross margins, and free cash flow is slightly negative. Valuation multiples appear modest on sales and book value but are paired with very weak returns on assets and equity and elevated short interest.
MYRIAD INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Myriad Genetics, Inc. on Behalf of Myriad Stockholders and Encourages Investors to Contact the Firm
Law firm Bragar Eagel & Squire is investigating Myriad Genetics for potential securities violations following the company's disappointing Q2 2026 earnings report. Myriad reported revenue of $190.7 million, down 11% year-over-year and significantly below consensus estimates. The company slashed full-year 2026 revenue guidance from $860-$880 million to $770-$790 million and suspended EBITDA guidance, citing reimbursement pressure, collection issues, and weak prenatal performance. This represents a dramatic $90 million midpoint cut just three months after reiterating prior guidance in May 2026.
Company reported significant revenue shortfall (11% YoY decline, 7-8% below consensus), dramatically cut full-year guidance by ~$90 million at midpoint, lowered gross margin expectations, and suspended EBITDA guidance. The sharp reversal from May 2026 guidance reaffirmation raises concerns about management's forecasting accuracy and potential undisclosed operational challenges.
NegativeGlobeNewswire Inc.• Kirby Mcinerney Llp
MYRIAD GENETICS, INC. INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Law firm Kirby McInerney LLP is investigating Myriad Genetics for potential securities fraud following the company's July 30, 2026 earnings report. Myriad reported an 11% year-over-year revenue decline to $190.7 million, reduced full-year guidance, and an $11 million revenue adjustment. Hereditary cancer testing revenue fell 13% despite volume growth, attributed to lower reimbursement and unfavorable estimate changes. Management acknowledged delayed engagement with payers regarding authorization and denial issues. The stock declined 47% to $2.86 on July 31, 2026.
Company reported significant revenue decline (11% YoY), reduced full-year guidance, $11 million revenue adjustment, declining hereditary cancer testing revenue (13% decline), and acknowledged management failures in payer engagement. Securities fraud investigation initiated and stock price collapsed 47%.
PositiveGlobeNewswire Inc.• Sns Insider
Ovarian Cancer Diagnostics Market Size to Reach USD 8.08 Billion by 2035 | SNS Insider
The global ovarian cancer diagnostics market is valued at USD 4.92 billion in 2025 and is projected to reach USD 8.08 billion by 2035, growing at a CAGR of 5.06%. Growth is driven by rising ovarian cancer incidence, increasing adoption of AI-powered imaging, biomarker testing, and precision oncology diagnostics. North America leads with 41.2% market share, while imaging and hospital laboratories dominate their respective segments.
RHHBYJNJABTTMOovarian cancer diagnosticsAI-powered imagingbiomarker testingliquid biopsy
Sentiment note
Identified as a major diagnostic firm in North America with expertise in genetic testing, positioned to benefit from growing BRCA1/BRCA2 testing adoption.
PositiveGlobeNewswire Inc.• Not Specified
Actress Jackie Tohn Got Results Nobody Wants But They May Have Saved Her Life
Myriad Genetics announced a partnership with Netflix actress Jackie Tohn to promote awareness about hereditary cancer testing through the MyRisk® Hereditary Cancer Test. Tohn discovered she carried a BRCA1 gene variant and underwent preventive measures after learning she had an 85% risk of breast cancer and 65% risk of ovarian cancer. The MyRisk test evaluates 63 genes across 11 cancer types and is available through healthcare providers or virtual care.
MYGNhereditary cancer testingBRCA1 gene variantMyRisk Hereditary Cancer Testgenetic counselingbreast cancer riskovarian cancerprecision medicine
Sentiment note
The company is expanding its market presence through a high-profile celebrity partnership to raise awareness about its MyRisk test. The partnership demonstrates confidence in the product's clinical value and represents a marketing initiative to reach broader audiences, particularly among at-risk populations. The company's 30-year track record and testing of over 3 million patients reinforces its market leadership position.
PositiveGlobeNewswire Inc.• Delveinsight
Global Cervical Cancer Diagnostics Market to Exhibit Growth at a CAGR of ~5% by 2034 | DelveInsight
The cervical cancer diagnostics market is projected to grow from USD 4.4 billion in 2025 to USD 7.1 billion by 2034 at a CAGR of ~5%. Growth is driven by rising cervical cancer prevalence, increasing adoption of advanced diagnostic technologies like HPV testing and AI-powered screening tools, government screening initiatives, and expanding healthcare infrastructure particularly in emerging economies. North America leads the market with 44% share in 2025.
RHHBYBDXABTQGENcervical cancer diagnosticsHPV testingliquid-based cytologyAI-powered screening
Sentiment note
Key player in molecular diagnostics and biomarker-based screening for cervical cancer
PositiveGlobeNewswire Inc.• Na
Myriad Genetics to Release Fourth Quarter and Full Year 2025 Financial Results on February 23, 2026
Myriad Genetics announced the advancement of its Precise MRD product toward a March 2026 launch, supported by new breast and colorectal cancer study data demonstrating ultrasensitive ctDNA detection. The company also released select preliminary fourth quarter and full year 2025 financial results and provided full year 2026 financial guidance.
The company is advancing its MRD product launch timeline to March 2026 with supportive clinical data showing ultrasensitive detection capabilities. This represents progress on a key commercialization initiative and demonstrates positive clinical validation, which typically supports investor confidence and revenue growth prospects.
PositiveGlobeNewswire Inc.• Towards Healthcare
Decoding Our DNA: The Human Impact Behind SNP Genotyping’s USD 19.48 Billion Growth by 2034
The global single nucleotide polymorphism (SNP) genotyping market is valued at USD 8.08 billion in 2026 and is expected to reach USD 19.48 billion by 2034, growing at an 11.7% CAGR. North America leads the market while Asia Pacific shows the fastest growth. PCR-based genotyping dominates by technology, pharmacogenomics leads by application, and pharmaceutical companies are the primary end users. Key drivers include personalized medicine adoption, technological advancements, and increased genomics research investments.
Identified as a key market player with strong positioning in pharmacogenomics and genetic testing applications, which are the dominant and fastest-growing segments respectively in the SNP genotyping market.
NeutralGlobeNewswire Inc.• Researchandmarkets.Com
Esoteric Testing Research Report 2026 - Global $41.5+ Bn Market Trends, Opportunities, and Forecasts to 2031
The global esoteric testing market is projected to grow from $27.52 billion in 2025 to $41.56 billion by 2031 at a 7.11% CAGR, driven by rising chronic disease rates, personalized medicine demand, and liquid biopsy adoption. However, stringent regulatory frameworks and reimbursement pressures pose significant challenges to market expansion.
Global Pan-Genomic and Multi-Gene Panel Testing Market Forecast to Hit US$ 25.91 Billion by 2032 at 12.04% CAGR, Driven by Growing Demand for Comprehensive Multi-Gene Diagnostics: AnalystView Market Insights
The pan-genomic and multi-gene panel testing market is projected to grow from US$ 8.9 billion in 2024 to US$ 25.9 billion by 2032, driven by a 12.04% CAGR. Growth is fueled by rising clinical adoption of genomics-driven diagnostics, FDA approvals of comprehensive genomic profiling tests, advances in NGS technology and bioinformatics, and expanding implementation across oncology, rare diseases, and preventive medicine. North America leads the market while Asia-Pacific shows the fastest growth.
Reproductive Genetics Market Size to Reach USD 16.67 Billion in 2032 Amid Increasing Demand for Genetic Testing
The global reproductive genetics market is projected to grow from USD 7.31 billion in 2025 to USD 16.67 billion by 2032, with a CAGR of 12.5%. Growth is driven by rising demand for genetic testing, preimplantation genetic testing (PGT), and non-invasive prenatal testing (NIPT), though ethical and legal challenges continue to limit expansion. North America leads with 40.5% market share, while Asia Pacific is the fastest-growing region.
Key competitor positioned to benefit from expanding carrier screening and genetic testing markets with growing global awareness.
NeutralGlobeNewswire Inc.• 4D Path
4D Path’s Physics-Inspired QPOR™ Platform Predicts Neoadjuvant Chemotherapy Response from Routine Biopsy Images in Early-Stage Triple-Negative Breast Cancer from Phase II TBCRC-030 Trial
4D Path developed a computational platform that can predict chemotherapy response in early-stage triple-negative breast cancer using routine biopsy images, demonstrating potential for personalized cancer treatment prediction.
Mentioned as a previous biomarker evaluator in the trial, with no specific positive or negative context
PositiveGlobeNewswire Inc.• Myriad Genetics
Myriad Genetics Adds F8, FXN Genes to Foresight Universal Plus Panel
Myriad Genetics added F8 and FXN genes to its Foresight® Carrier Screen Universal Plus Panel, enhancing genetic screening capabilities for hemophilia A and Friedreich's ataxia, while maintaining compliance with ACMG recommendations.
MYGNgenetic screeningcarrier screeninghemophiliaFriedreich's ataxiaprecision medicine
Sentiment note
Company expanded its genetic screening panel, added new genes, demonstrated technological advancement, and maintained compliance with medical guidelines
News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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