Should You Buy Illumina Inc (ILMN) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/29
Buy ILMN now for a beginner long-term investor. The stock is in a technically bullish structure (short/medium/long moving averages stacked bullishly) and options positioning is notably call-skewed (bullish sentiment). While the last reported quarter showed sharply weaker profitability, Wall Street sentiment and price targets have been moving up into the Feb 5 earnings catalyst, which supports taking a position now rather than waiting.
Technical Analysis
Price closed at 148.61 (-1.47% vs prior close 149.86), sitting just above the pivot support area (Pivot 147.17). Trend is constructive: moving averages are bullish (SMA_5 > SMA_20 > SMA_200), suggesting an established uptrend. RSI(6) is 53.28 (neutral—no overbought/oversold extremes). MACD histogram is slightly positive (0.0227) but contracting, implying bullish momentum is present but slowing short-term.
Key levels: immediate support is the Pivot ~147.17; if it breaks, next support is S1 ~140.09 (then S2 ~135.72). Upside resistance sits at R1 ~154.25 and R2 ~158.62.
**Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): no signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock recently.
Analyst Ratings and Price Target Trends
Recent trend is clearly upward on targets (Jan 2026 saw several raises). Bulls’ view: a tools-cycle recovery plus execution on NovaSeq X and new initiatives can re-accelerate growth (Guggenheim Buy $170; Stifel Buy $155; Evercore Outperform $155; Piper Overweight $195 earlier). Cautious/negative view: some firms remain Hold/Neutral and Barclays stays Underweight (PT raised to $110), implying concerns about durability of growth/profit recovery.
Influential/political trading: no recent congress trading data available; hedge funds and insiders are reported as Neutral with no significant recent trends.
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 40.5 USD and a high forecast of 195 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.
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 40.5 USD and a high forecast of 195 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.
Current: 152.090
Current: 152.090
