Latest news with #Illumina
Business Standard
2 days ago
- Business
- Business Standard
Illumina India Wins the Top GCC Award at the 2025 GCC Workplace Awards
NewsVoir Bengaluru (Karnataka) [India], July 22: Illumina Inc. (NASDAQ: ILMN), a global leader in sequencing technology, announced today that Illumina India has won the Top GCC Award at the 2025 GCC Workplace Awards, hosted by the Zyoin Group. The award recognizes Illumina India as the leading Global Capability Center (GCC) in the country for its world-class innovation, progressive workplace culture, inclusive practices, and strong people focus. "This is a proud milestone for all of us at Illumina. To be recognized with this award just a year into building our GCC in India is truly special. Right from day one, we focused on creating a place where people feel valued, supported, and part of something meaningful. Whether it's through our contributions to the future of human health, shaping a strong and positive culture, or establishing policies that support our people - this recognition belongs to everyone who has been part of the journey," said Ramesh Thamotharan, Director, Global Operations & Site Leader, Illumina India. Now in its second edition, the GCC Workplace Awards has established itself as India's largest GCC Workplace Leadership Summit & Awards - a platform that honors workplace excellence across Global Capability Centers in the country. As India continues to emerge as a global innovation powerhouse, this prestigious platform honors the trailblazing GCCs that are setting new standards in culture, capability, and collaboration. "Being named a Top GCC among over 300 participants and nearly 700 nominations is a great honor for all of us at Illumina," said Jeyandran Chandrasekaran, HR Site Lead, Illumina India. "This recognition highlights our culture where people come first, and every team member is empowered to grow and make an impact. We are proud that our values and workplace experience resonate not only within our teams but also across the larger industry ecosystem. This acknowledgment inspires us to continue creating an environment where people are excited to contribute and thrive." Illumina strengthened its presence in India by establishing a Global Capability Center and expanding its technology workforce to support its global customer base in 2024. Bengaluru joined other key locations, including Singapore, Cambridge (England), Eindhoven (Netherlands), Shanghai, Madison (Wisconsin), Hayward (California), and San Diego, as Illumina Global Capability Centers. Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit and connect with us on X, Facebook, LinkedIn, Instagram, TikTok, and YouTube.
Fashion Value Chain
2 days ago
- Business
- Fashion Value Chain
Illumina India Wins the Top GCC Award at the 2025 GCC Workplace Awards
Illumina Inc. (NASDAQ: ILMN), a global leader in sequencing technology, announced today that Illumina India has won the Top GCC Award at the 2025 GCC Workplace Awards, hosted by the Zyoin Group. The award recognizes Illumina India as the leading Global Capability Center (GCC) in the country for its world-class innovation, progressive workplace culture, inclusive practices, and strong people focus. Illumina India Wins the Top GCC Award at the 2025 GCC Workplace Awards 'This is a proud milestone for all of us at Illumina. To be recognized with this award just a year into building our GCC in India is truly special. Right from day one, we focused on creating a place where people feel valued, supported, and part of something meaningful. Whether it's through our contributions to the future of human health, shaping a strong and positive culture, or establishing policies that support our people – this recognition belongs to everyone who has been part of the journey,' said Ramesh Thamotharan, Director, Global Operations & Site Leader, Illumina India. Now in its second edition, the GCC Workplace Awards has established itself as India's largest GCC Workplace Leadership Summit & Awards – a platform that honors workplace excellence across Global Capability Centers in the country. As India continues to emerge as a global innovation powerhouse, this prestigious platform honors the trailblazing GCCs that are setting new standards in culture, capability, and collaboration. 'Being named a Top GCC among over 300 participants and nearly 700 nominations is a great honor for all of us at Illumina,' said Jeyandran Chandrasekaran, HR Site Lead, Illumina India. 'This recognition highlights our culture where people come first, and every team member is empowered to grow and make an impact. We are proud that our values and workplace experience resonate not only within our teams but also across the larger industry ecosystem. This acknowledgment inspires us to continue creating an environment where people are excited to contribute and thrive.' Illumina strengthened its presence in India by establishing a Global Capability Center and expanding its technology workforce to support its global customer base in 2024. Bengaluru joined other key locations, including Singapore, Cambridge (England), Eindhoven (Netherlands), Shanghai, Madison (Wisconsin), Hayward (California), and San Diego, as Illumina Global Capability Centers. About Illumina Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit and connect with us on X, Facebook, LinkedIn, Instagram, TikTok, and YouTube.
Yahoo
3 days ago
- Business
- Yahoo
1 Profitable Stock with Exciting Potential and 2 We Question
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages. Just because a business is in the green today doesn't mean it will thrive tomorrow. Profits are valuable, but they're not everything. At StockStory, we help you identify the companies that have real staying power. That said, here is one profitable company that balances growth and profitability and two that may struggle to keep up. Two Stocks to Sell: Sprinklr (CXM) Trailing 12-Month GAAP Operating Margin: 2% Initially focused only on social media management, Sprinklr (NYSE: CXM) is a leading provider of unified customer experience management software. Why Do We Think CXM Will Underperform? Products, pricing, or go-to-market strategy may need some adjustments as its 4% average billings growth over the last year was weak Estimated sales growth of 3.4% for the next 12 months implies demand will slow from its three-year trend Expenses have increased as a percentage of revenue over the last year as its operating margin fell by 3.6 percentage points Sprinklr's stock price of $8.90 implies a valuation ratio of 2.8x forward price-to-sales. Check out our free in-depth research report to learn more about why CXM doesn't pass our bar. Illumina (ILMN) Trailing 12-Month GAAP Operating Margin: 35.3% Pioneering the ability to read the human genome at unprecedented speed and affordability, Illumina (NASDAQ:ILMN) develops and sells advanced DNA sequencing and microarray technologies that allow researchers and clinicians to analyze genetic variations and functions. Why Should You Sell ILMN? Organic revenue growth fell short of our benchmarks over the past two years and implies it may need to improve its products, pricing, or go-to-market strategy Incremental sales over the last five years were much less profitable as its earnings per share fell by 8.9% annually while its revenue grew Below-average returns on capital indicate management struggled to find compelling investment opportunities At $96.01 per share, Illumina trades at 20.8x forward P/E. Dive into our free research report to see why there are better opportunities than ILMN. One Stock to Buy: Sea (SE) Trailing 12-Month GAAP Operating Margin: 5.8% Founded in 2009 and a publicly traded company since 2017, Sea (NYSE:SE) started as a gaming platform and has since expanded to offer a variety of services such as e-commerce, digital payments, and financial services across Southeast Asia. Why Do We Love SE? Paying Users have grown by 10.2% annually, allowing for more profitable cross-selling opportunities if it can build complementary products and features Platform's growing usage and its ability to increase user spending by 16.6% annually showcases its high switching costs Free cash flow margin grew by 27.2 percentage points over the last few years, giving the company more chips to play with Sea is trading at $168.76 per share, or 44.6x forward EV/EBITDA. Is now the right time to buy? Find out in our full research report, it's free. High-Quality Stocks for All Market Conditions Donald Trump's April 2024 "Liberation Day" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities. The smart money is already positioning for the next leg up. Don't miss out on the recovery - check out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
09-07-2025
- Business
- Yahoo
Why Illumina (ILMN) Shares Are Falling Today
Shares of genomics company Illumina (NASDAQ:ILMN) fell 4.2% in the morning session after a Citi analyst downgraded the stock to 'Sell' from 'Neutral' and lowered the price target. The downgrade from a major Wall Street bank signals rising concerns about the genomic sequencing company's near-term prospects. An analyst downgrade can often pressure a stock as it may lead institutional investors to reconsider their positions. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Illumina? Access our full analysis report here, it's free. Illumina's shares are very volatile and have had 20 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 2 days ago when the stock dropped 3.6% on the news that the major indices pulled back (Nasdaq -0.8%, S&P 500 -0.77%), largely due to escalating concerns surrounding the July 9th deadline for new US tariffs, now amplified by specific announcements. Earlier in the day, President Trump confirmed that Japan and South Korea would face new 25% tariffs on their imports to the US, effective August 1st. These announcements came ahead of the broader July 9th expiration of a 90-day pause on reciprocal tariffs, which failed to produce comprehensive trade deals with most nations. This action against two major trading partners, coupled with the ongoing threat of further tariffs on countries associated with the BRICS bloc, injected significant uncertainty and apprehension into global markets. Investors were likely reacting to the increased costs for businesses, potential disruptions to global supply chains, and the broader implications for international trade relations. Illumina is down 26.6% since the beginning of the year, and at $96.06 per share, it is trading 38.1% below its 52-week high of $155.15 from November 2024. Investors who bought $1,000 worth of Illumina's shares 5 years ago would now be looking at an investment worth $257.81. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
09-07-2025
- Business
- Business Insider
Evercore ISI Reaffirms Their Buy Rating on Illumina (ILMN)
Evercore ISI analyst Vijay Kumar maintained a Buy rating on Illumina today and set a price target of $128.00. The company's shares closed today at $99.27. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Kumar covers the Healthcare sector, focusing on stocks such as Abbott Laboratories, Agilent, and Intuitive Surgical. According to TipRanks, Kumar has an average return of 1.3% and a 46.99% success rate on recommended stocks. Illumina has an analyst consensus of Moderate Buy, with a price target consensus of $106.29, which is a 7.07% upside from current levels. In a report released on July 2, RBC Capital also maintained a Buy rating on the stock with a $118.00 price target. ILMN market cap is currently $15.38B and has a P/E ratio of -15.92. Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ILMN in relation to earlier this year. Most recently, in May 2025, Jacob Thaysen, the CEO of ILMN bought 12,350.00 shares for a total of $998,674.44.
