Illumina, Inc. (ILMN) shares climbed 6.8% to $222.29 as of September 16, 2026, a significant gain from the prior close of $208.21. BestStocks flagged the session as a major change for ILMN. The move is tied to price move up. Below, we break down what changed for ILMN, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
ILMN climbed 6.8% to $222.29
ILMN climbed 6.8% in its latest session, moving from $208.21 to $222.29.
Material / EarningsMedium confidence
Rel. volume
1.6×
Above Avg
Vs peers
—
No comparable peers
Market cap
$33.6B
NASDAQ Global Select
Analyst target
$211
-5.2% vs price
Price chart
Aug 17 – Sep 16
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for Illumina, Inc. investors
For Illumina, Inc. investors, the balance of recent signals points to a bullish shift. On the constructive side: Material positive event; Strong 6.8% price move with conviction. Weighing against that: Illumina reported earnings today and filed a material event (8-K), triggering a 4.75% intraday decline to $195.35; New SEC filing — review for material disclosures. Wall Street's consensus price target sits at $210.67, implying -5.2% downside from $222.29. Over the past 90 days analysts logged 1 upgrade and 0 downgrades. BestStocks rates the overall signal quality medium (64/100). With earnings roughly 43 days out, the next report is the most likely near-term test of the move.
ILMN price reaction
ILMN last traded at $222.29, up $14.08 (+6.76%) from the previous close of $208.21. The session traded on 1.6× average volume (above avg), so the move carried above-average conviction. Over the past month the stock has ranged between $188.29 and $227.69, and it currently sits about 86% of the way up that band.
Bullish and bearish analyst opinions on Illumina, Inc. (ILMN)
The consensus analyst price target on Illumina, Inc. (ILMN) is $210.67, 5.2% below the recent $222.29. Over the past 90 days analysts logged 1 upgrade, 16 maintains, and 0 downgrades. Here is how the bullish and bearish cases on ILMN line up.
▲ The bullish case
+The Street's most bullish target is $260.00 (+17.0%).
+1 analyst upgrade in the past 90 days, most recently UBS to Buy (2026-09-09).
+Material positive event.
+Strong 6.8% price move with conviction.
+Positive price momentum.
▼ The bearish case
−The consensus analyst price target of $210.67 sits 5.2% below the recent $222.29, so the average target sees limited room to run.
−The most bearish analyst target is $155.00 (-30.3%).
−Illumina reported earnings today and filed a material event (8-K), triggering a 4.75% intraday decline to $195.35.
Bull vs bear balanceBullish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bullish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Sep 16, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Illumina, Inc. (ILMN) moved −3.13% from $211.63 to $205.00 on September 9, 2026. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average, suggesting the move was not driven by unusual trading activity.
Material / Earnings2026-09-08-3.3%
Illumina, Inc. (ILMN) moved -3.47% from $218.65 to $211.06 on 2026-09-08. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average, indicating routine trading.
Material / Earnings2026-09-03+3.9%
Illumina, Inc. (ILMN) moved +3.39% from $214.40 to $221.66 on September 3, 2026. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move occurred on volume near the 5-day average.
Material / Earnings2026-08-28-5.3%
Illumina, Inc. (ILMN) moved -4.18% from $225.00 to $215.59 on 2026-08-28. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The decline occurred on volume near its 5-day average, suggesting a technical pullback rather than a catalyzed sell-off.
Illumina shares rose 2.67% to $230.84, continuing a multi-month rally fueled by strong Q2 results and raised guidance. Late-July earnings showed revenue of $1.16 billion beating consensus, prompting management to raise full-year 2026 revenue guidance to $4.60–$4.64 billion and lift non-GAAP EPS outlook; NovaSeq X adoption and core consumable growth have bolstered investor confidence. Volume of 936,673 shares at 240 minutes into session ran at 0.73x the historical average, normal for this time of day.
Material / Earnings2026-08-24+1.7%
Illumina, Inc. (ILMN) moved +3.35% from $215.98 to $223.22 on 2026-08-24, reaching a new 30-day high. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.
Illumina shares rose 3.29% to $220.25, driven by strong follow-through from recent Q2 earnings that beat expectations and prompted management to raise full-year revenue and EPS guidance, combined with growing investor optimism around its AI-driven drug discovery partnerships including the Billion Cell Atlas initiative and a broader healthcare sector rally. Volume at 1.01M shares (0.74x expected for this time of session) reflects normal intraday trading pace.
Material / Earnings2026-08-20+4.0%
Illumina, Inc. (ILMN) moved +6.46% from $200.30 to $213.24 on 2026-08-20. We checked news, earnings announcements, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The move appears driven by technical factors: ILMN reached a new 30-day high with volume elevated to 2.6x the 5-day average.
Upcoming catalysts & outlook
Next earnings
2026-10-29 (est.)
in 43 days
10-Q Filing (est.)
2026-10-30
Medium impact
Thesis shift
Bullish Shift
bullish signal
Risk level
Medium
from change events
Frequently asked questions about ILMN
Why did Illumina, Inc. (ILMN) stock move?
ILMN climbed 6.8% to $222.29. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did ILMN stock rise?
ILMN gained 6.76% ($14.08) versus the prior close of $208.21, last trading at $222.29 on 1.6× average volume.
When is Illumina, Inc.'s next earnings date?
ILMN's next earnings report is estimated for 2026-10-29 — about 43 days away.
What is the analyst price target for ILMN?
The consensus analyst price target for ILMN is $210.67, about 5.2% below the current $222.29. Over the past 90 days, analysts recorded 1 upgrade, 16 maintains, and 0 downgrades.
How BestStocks tracks ILMN
This page is generated automatically by BestStocks' change-detection system after price move up was detected and verified against independent data sources. It draws on 20 tracked change events for ILMN, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 16, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
