Illumina, Inc. ranks slightly below the peer group median, with a split structural profile: strong profitability and valuation, but weak growth and stability. That creates a tension: current price behavior looks stronger than the structural profile would suggest.
Peer-relative scores, weakest to strongest
Illumina develops genomic sequencing and array-based solutions for genetic analysis. The company is a leader in short-read sequencing technologies.
The market prices Illumina squarely as an innovation bet, not a stability anchor—investors focus on the company’s ability to deliver breakthroughs rather than provide defensive ballast. With a robust 19.2% operating margin (well above peer median, strong profitability), Illumina demonstrates solid business fundamentals, but its 1Y volatility of 41.5% (top quartile, high price swings) shows how quickly valuations shift in response to perceived innovation progress or setbacks. Because Illumina pursues growth through new technologies and AI integration, every advance or delay is interpreted as a signal for future dominance, so even minor developments can trigger sharp price reactions. Illumina dominates short-read sequencing but has a 12.5% R&D-to-sales ratio and faces competitive pressure, which means the market rewards innovation signals while quickly re-pricing the stock on setbacks. A single innovation setback or regulatory delay is enough to trigger a sharp rerating.
Break down ILMN's position across all dimensions with the full interactive tool.
This analysis is rule-based and descriptive. Peer-relative scores are derived from functional peer group comparisons using publicly available financial data. Scores reflect structural positioning only and do not constitute investment advice, a buy or sell recommendation, or a forecast of future performance. AssetNext peer scores are recalculated periodically as new data becomes available.
AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.
Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.
Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.
Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.