$MYGN

MYRIAD GENETICS INC

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Myriad Genetics stock (US62855J1043): Q1 2026 earnings miss and recent price drop

Myriad Genetics faced a Q1 2026 earnings miss, reporting an EPS of -$0.09 against an estimated -$0.06, which impacted its stock performance. Shares fell 4.30% to $4.45 on July 25, 2025, and are currently trading at $4.21, down 31.5% year-to-date. The company specializes in molecular diagnostics, offering genetic testing services primarily for hereditary cancer risk assessment, and operates in a competitive but growing US genomics market.

Myriad Genetics Inc. (MYGN): Larry Robbins Likes This Stock

Larry Robbins' Glenview Capital has maintained a significant stake in Myriad Genetics, Inc. (MYGN) since 2019, holding almost 4.6 million shares as of Q4 2025. Despite this, the molecular diagnostics company has struggled to achieve profitability, reporting a GAAP net loss of $34.1 million in Q1 2026, with revenue growth trailing the US market average. Analysts have lowered price targets due to competition and a lack of clear path to profit.

New breast cancer test detects residual disease beyond standard scans

Myriad Genetics (NASDAQ: MYGN) has launched Precise MRD, a tumor-informed circulating tumor DNA (ctDNA) test for breast cancer patients, with selected community oncologists. This test uses whole-genome sequencing to create personalized assays, enabling ultrasensitive detection of ctDNA down to one part per million, which can identify residual disease not visible through conventional imaging. Myriad plans a broader U.S. commercial launch later in 2026.