Illumina Inc. Reports Decline in Q3 Profit, Surpassing Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 30 2025
0mins
Should l Buy ILMN?
Source: NASDAQ.COM
Third Quarter Earnings: Illumina Inc. reported a profit of $150 million, or $0.98 per share, for the third quarter, a decrease from $705 million, or $4.42 per share, in the same period last year, but still beating analyst expectations.
Adjusted Earnings: Excluding special items, the company reported adjusted earnings of $206 million, or $1.34 per share, surpassing the average analyst estimate of $1.17 per share.
Revenue Growth: The company's revenue increased by 0.4% to $1.084 billion compared to $1.080 billion in the previous year.
Future Guidance: Illumina provided full-year EPS guidance in the range of $4.65 to $4.75.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ILMN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ILMN
Wall Street analysts forecast ILMN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ILMN is 124.12 USD with a low forecast of 40.50 USD and a high forecast of 195.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
4 Buy
6 Hold
3 Sell
Hold
Current: 133.610
Low
40.50
Averages
124.12
High
195.00
Current: 133.610
Low
40.50
Averages
124.12
High
195.00
About ILMN
Illumina, Inc. is engaged in providing sequencing-and array-based solutions for genetic and genomic analysis. Its products and services serve customers in a range of markets, enabling the adoption of genomic solutions in research and clinical settings. Its DNA sequencing technology is based on its reversible terminator-based sequencing chemistry, referred to as sequencing by synthesis biochemistry. Its BeadArray technology combines microscopic beads and a substrate in a manufacturing process to produce arrays that can perform many assays simultaneously. Its sequencing applications include whole-genome sequencing kits, which sequence entire genomes of any size and complexity, and targeted resequencing kits, which can sequence exomes, specific genes, RNA or other genomic regions of interest. Its customers include genomic research centers, academic institutions, government laboratories, hospitals, pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
US Stocks Surge, Dow Hits All-Time High
- Dow Hits Record High: The Dow Jones Industrial Average surged 2.47% to reach an all-time high, reflecting market optimism about economic recovery, particularly amid strong rebounds in tech and chipmaker stocks.
- Consumer Confidence Rises: The University of Michigan's consumer sentiment index unexpectedly increased to 57.3, surpassing expectations of 55.0, indicating enhanced consumer confidence that could drive future spending.
- Bitcoin Rebounds: Bitcoin surged over 11% from a 1.25-year low, lifting cryptocurrency-exposed stocks and signaling renewed investor interest and confidence in crypto assets.
- Strong Corporate Earnings: Over 79% of S&P 500 companies exceeded earnings expectations, with S&P earnings growth projected at 8.4% for Q4, providing robust support for the market and indicating ongoing improvement in corporate profitability.
See More
U.S. Stocks Surge as Tech Earnings Boost Market Sentiment
- Market Performance: The S&P 500 Index rose by 1.10%, and the Dow Jones Industrial Average increased by 1.60%, reaching an all-time high, reflecting positive market sentiment driven by strong tech earnings results.
- Tech Stock Recovery: Gen Digital and Roblox surged over 7% and 9%, respectively, after forecasting full-year adjusted EPS and bookings above consensus, indicating a robust recovery in the tech sector that may attract more investment.
- Consumer Confidence Boost: The University of Michigan's consumer sentiment index unexpectedly rose to 57.3, a six-month high, surpassing expectations of 55.0, reflecting optimistic consumer sentiment about the economic outlook, which supports further market gains.
- Inflation Expectations Shift: While short-term inflation expectations fell, long-term expectations ticked up slightly, indicating market concerns regarding the Fed's monetary policy, which could influence future investment decisions and market volatility.
See More
U.S. Stocks Surge as Tech Earnings Boost Market Sentiment
- Tech Stock Rebound: The S&P 500 rose by 1.20% and the Dow Jones Industrial Average surged by 1.48%, reaching an all-time high, driven by better-than-expected tech earnings that boosted investor confidence in the sector's recovery.
- Bitcoin Recovery: Bitcoin rebounded over 7% from a 1.25-year low, lifting cryptocurrency-exposed stocks and alleviating concerns about liquidity in the crypto market, indicating renewed investor interest in digital assets.
- Amazon Investment Concerns: Amazon's announcement of a $200 billion investment in data centers, chips, and other equipment led to a more than 9% drop in its stock, raising doubts about the long-term returns of its AI investments and potentially impacting future investor confidence.
- Earnings Season Insights: With 79% of S&P 500 companies exceeding expectations and Q4 earnings projected to grow by 8.4%, this indicates strong corporate profitability, which may provide ongoing support for the market despite economic uncertainties.
See More
Nvidia Continues to Lead the AI Hardware Market
- Market Capitalization Surge: Nvidia became a $1 trillion company in 2023 and briefly surpassed $5 trillion in late 2025, highlighting its robust growth potential in the AI hardware sector and attracting significant attention from various enterprises.
- Significant Revenue Growth: In Q3 of fiscal 2026, Nvidia achieved a 62% year-over-year growth rate, with quarterly revenue exceeding $57 billion and operating income soaring 65% to $36 billion, demonstrating its strong competitive position in the market.
- Strong Debt Management: The company reduced its long-term debt by 4.7% in the same quarter, holding total debt of $10.8 billion against a net cash position of $11.49 billion, with cash reserves growing 26% year-over-year, indicating solid financial health.
- Robust Profitability: Nvidia's gross margin stands at 70%, with operating and net margins at 58% and 53% respectively, reflecting its leadership in the AI hardware market and sustained profitability, making it a compelling option for investors despite competitive pressures.
See More
Nvidia: The Leader in AI Hardware Market
- Significant Revenue Growth: Nvidia reported a 62% year-over-year revenue increase in Q3 of fiscal 2026, reaching $57 billion, reflecting strong demand in the AI hardware market and solidifying its leadership position.
- Enhanced Profitability: Operating income surged 65% to $36 billion, with diluted earnings per share rising 67%, indicating an efficient profit model while maintaining cost control, which boosts investor confidence.
- Robust Cash Flow: The company's free cash flow grew 31.5% year-over-year, and operating free cash flow increased by 34.7%, alongside a 26% year-over-year growth in cash holdings, providing financial flexibility for future investments and R&D.
- Expanding Market Share: Despite challenges from competitors like OpenAI, Nvidia remains the preferred supplier for AI hardware, and its full-stack AI hardware product line enhances its competitive edge, positioning the company to continue leading the industry.
See More
U.S. Markets Increased on Friday; Strategy Reached New Heights
U.S. Stock Market Performance: U.S. stock indexes experienced significant gains on Friday, with the overall market climbing by 2.47%.
Individual Index Gains: The S&P 500 index rose by 2.18%, while the Dow Jones Industrial Average saw an increase of 1.97%.
See More
US Stocks Surge, Dow Hits All-Time High
- Dow Hits Record High: The Dow Jones Industrial Average surged 2.47% to reach an all-time high, reflecting market optimism about economic recovery, particularly amid strong rebounds in tech and chipmaker stocks.
- Consumer Confidence Rises: The University of Michigan's consumer sentiment index unexpectedly increased to 57.3, surpassing expectations of 55.0, indicating enhanced consumer confidence that could drive future spending.
- Bitcoin Rebounds: Bitcoin surged over 11% from a 1.25-year low, lifting cryptocurrency-exposed stocks and signaling renewed investor interest and confidence in crypto assets.
- Strong Corporate Earnings: Over 79% of S&P 500 companies exceeded earnings expectations, with S&P earnings growth projected at 8.4% for Q4, providing robust support for the market and indicating ongoing improvement in corporate profitability.
See More
U.S. Stocks Surge as Tech Earnings Boost Market Sentiment
- Market Performance: The S&P 500 Index rose by 1.10%, and the Dow Jones Industrial Average increased by 1.60%, reaching an all-time high, reflecting positive market sentiment driven by strong tech earnings results.
- Tech Stock Recovery: Gen Digital and Roblox surged over 7% and 9%, respectively, after forecasting full-year adjusted EPS and bookings above consensus, indicating a robust recovery in the tech sector that may attract more investment.
- Consumer Confidence Boost: The University of Michigan's consumer sentiment index unexpectedly rose to 57.3, a six-month high, surpassing expectations of 55.0, reflecting optimistic consumer sentiment about the economic outlook, which supports further market gains.
- Inflation Expectations Shift: While short-term inflation expectations fell, long-term expectations ticked up slightly, indicating market concerns regarding the Fed's monetary policy, which could influence future investment decisions and market volatility.
See More
U.S. Stocks Surge as Tech Earnings Boost Market Sentiment
- Tech Stock Rebound: The S&P 500 rose by 1.20% and the Dow Jones Industrial Average surged by 1.48%, reaching an all-time high, driven by better-than-expected tech earnings that boosted investor confidence in the sector's recovery.
- Bitcoin Recovery: Bitcoin rebounded over 7% from a 1.25-year low, lifting cryptocurrency-exposed stocks and alleviating concerns about liquidity in the crypto market, indicating renewed investor interest in digital assets.
- Amazon Investment Concerns: Amazon's announcement of a $200 billion investment in data centers, chips, and other equipment led to a more than 9% drop in its stock, raising doubts about the long-term returns of its AI investments and potentially impacting future investor confidence.
- Earnings Season Insights: With 79% of S&P 500 companies exceeding expectations and Q4 earnings projected to grow by 8.4%, this indicates strong corporate profitability, which may provide ongoing support for the market despite economic uncertainties.
See More
Nvidia Continues to Lead the AI Hardware Market
- Market Capitalization Surge: Nvidia became a $1 trillion company in 2023 and briefly surpassed $5 trillion in late 2025, highlighting its robust growth potential in the AI hardware sector and attracting significant attention from various enterprises.
- Significant Revenue Growth: In Q3 of fiscal 2026, Nvidia achieved a 62% year-over-year growth rate, with quarterly revenue exceeding $57 billion and operating income soaring 65% to $36 billion, demonstrating its strong competitive position in the market.
- Strong Debt Management: The company reduced its long-term debt by 4.7% in the same quarter, holding total debt of $10.8 billion against a net cash position of $11.49 billion, with cash reserves growing 26% year-over-year, indicating solid financial health.
- Robust Profitability: Nvidia's gross margin stands at 70%, with operating and net margins at 58% and 53% respectively, reflecting its leadership in the AI hardware market and sustained profitability, making it a compelling option for investors despite competitive pressures.
See More
Nvidia: The Leader in AI Hardware Market
- Significant Revenue Growth: Nvidia reported a 62% year-over-year revenue increase in Q3 of fiscal 2026, reaching $57 billion, reflecting strong demand in the AI hardware market and solidifying its leadership position.
- Enhanced Profitability: Operating income surged 65% to $36 billion, with diluted earnings per share rising 67%, indicating an efficient profit model while maintaining cost control, which boosts investor confidence.
- Robust Cash Flow: The company's free cash flow grew 31.5% year-over-year, and operating free cash flow increased by 34.7%, alongside a 26% year-over-year growth in cash holdings, providing financial flexibility for future investments and R&D.
- Expanding Market Share: Despite challenges from competitors like OpenAI, Nvidia remains the preferred supplier for AI hardware, and its full-stack AI hardware product line enhances its competitive edge, positioning the company to continue leading the industry.
See More
U.S. Markets Increased on Friday; Strategy Reached New Heights
U.S. Stock Market Performance: U.S. stock indexes experienced significant gains on Friday, with the overall market climbing by 2.47%.
Individual Index Gains: The S&P 500 index rose by 2.18%, while the Dow Jones Industrial Average saw an increase of 1.97%.
See More
