Illumina Inc

ILMN: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$994.00TzzzqCbtbyfzh

Illumina Delivers Weak End to 2022 and Maintains Outlook for 2023; No Fair Value Change

After releasing preliminary 2022 results and 2023 guidance in January, narrow-moat Illumina released full quarterly results that represented a weak end to a miserable year. However, management maintained its guidance for 2023, and we retain our $269 fair value estimate. We still view shares as undervalued.

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