- Accommodative trends in the gene therapy and diagnostic market seem to serve as long-term, slow-growth tailwinds instead of a firm revenue bump catalysts.
- Advancement in throughput, efficiency, and costs offset higher demand from a slowly growing industry, dampening the market for new equipment sales.
- In the short run, any growth in sales will most likely come from higher utilization of the current installed gene sequencer base.
- The Grail acquisition is dilutive to EPS, and uncertainty regarding insurance reimbursement will create volatility.
- ILMN's growth is constrained by its customers' capacity limitations, restricting its ability to introduce new products to the clinical and research markets.
For further details see:
How I Was Wrong About Illumina