Create Account
Log In
Dark
chart
exchange
Premium
Terminal
Screener
Stocks
Crypto
Forex
Trends
Depth
Close
Check out our Dark Pool Levels

DNA
Ginkgo Bioworks Holdings, Inc.
stock NYSE

At Close
Jul 30, 2026 3:59:57 PM EDT
8.08USD+6.037%(+0.46)641,439
0.00Bid   0.00Ask   0.00Spread
Pre-market
Jul 30, 2026 8:53:30 AM EDT
7.62USD0.000%(0.00)507
After-hours
Jul 30, 2026 4:56:30 PM EDT
8.05USD-0.364%(-0.03)870
OverviewOption ChainMax PainOptionsPrice & VolumeSplitsHistoricalExchange VolumeDark Pool LevelsDark Pool PrintsExchangesShort VolumeShort Interest - DailyShort InterestBorrow Fee (CTB)Failure to Deliver (FTD)ShortsTrendsNewsTrends
DNA Reddit Mentions
Subreddits
Limit Labels     

We have sentiment values and mention counts going back to 2017. The complete data set is available via the API.
Take me to the API
DNA Specific Mentions
As of Jul 31, 2026 3:29:34 AM EDT (<1 min. ago)
Includes all comments and posts. Mentions per user per ticker capped at one per hour.
5 hr ago • u/DeepDivesnGoodMusic • r/biotech_stocks • improved_version_of_my_list_of_global_leaders_on • B
(Sorry for my VERY inconsistent formatting! Graduate school was a decade ago and I barely need to work. FYI, I picked their names at random from a list of 19-20 to share a few highlights for each).
\*DISCLAIMER\*: Oh and first a clinician wanted me clarify this, and I put into the simplest language possible so I can also share elsewhere, in non-stock-related forums:
... So, Sellas Life Sciences has a WILD stock resembling a roller coaster, but it does not reflect poorly on the competence of these fine scientists who I'm giving a shoutout to today. Basically many people received "warrants" years ago, a sort of BOGO offer to buy stock, which funded clinical trials for cancer treatment. Warrants can be turned into new shares... but more "shares" of a company in existence means each share is then worth less (each becomes a smaller relative percentage of the company). Day traders can place a "short" just before doing this - a lucrative bet that the stock will drop in value. Some people were quite open on forums that they had placed shorts... Sadly, right before the price JUMPED! Yikes!!
So if you see weekly articles or forum bots *so convinced the science will fail*, it's less likely that these scientists weren't doing their best work, and much more likely that someone is trying desperately to avoid loosing money, possibly all of their money.
There, context explained...
Michael Bolton- “…NOW BACK TO THE GOOD PART-”
In 2009, the National Cancer Institute evaluated some 75 tumor antigens, eventually ranking "Wilms' Tumor 1" (WT1) as their #1 priority target... Yet because of drug limitations and WT1’s "trickster" nature as both a tumor suppressor and tumor instigator at times - it was called “undruggable”…
Avengers, assemble! (as one Redditor put it).
First, a shoutout to a non-scientist on the team:
Katherine Bach Kalin, MBA. Executive Leadership at Johnson & Johnson (2002–2011), then Head of Corporate Strategy at Celgene from 2012 to 2017.
She helped Celgene grow from mid-size into one of THE TOP biopharma powerhouses globally. Conducted a $7.2 billion acquisition of “Receptos” in 2015.
By 2017 Celgene’s revenue more than doubled since her arrival, to 13 billion.
She would later secure for them an enormous $74-billion buyout deal with Bristol Myers Squibb in November 2019.
Her words on leadership: “Knowing how and when to be demanding, encouraging, believing, and yet striving always to be caring and inspiring are very difficult things to learn and apply in practice.”
Note: I’m enjoying the story of Angelos Stergiou and the many things he did well. I was picking names at random for the 19-20 people on the team, but I might look through his story again and summarize it soon - paying attention to clarify or dispel misleading claims on the internet spread by short sellers (no shade on you folks, but you bet against scientific progress). I appreciate his pleasant demeanor when answering questions from everyday investors. I’ll admit that I was fooled by propaganda about him months ago!
Dr. Larry W. Kwak, Director of the Toni Stephenson Lymphoma Center. Previously head of Vaccine Biology Section at the NCI (National Cancer Institute), Chair of Lymphoma and Myeloma at MD Anderson Cancer Center, and Deputy Director of the Comprehensive Cancer Center at City of Hope.
Among TIME Magazine's 100 most influential people in the world (2010), for his clinical leadership in developing personalized therapeutic cancer vaccines.
[https://connection.asco.org/do/meet-two-worlds-most-influential-people](https://connection.asco.org/do/meet-two-worlds-most-influential-people)
Recipient of the Ho-Am Prize in Medicine (2016): Equivalent of the Nobel Prize in Korea.
One of the first scientists to prove that customized vaccines could be used to train a patient’s own immune system to target and eliminate cancer. He helped shift oncology toward post-chemo maintenance therapies using a vaccines custom-tailored to the genes of patients’ cancers.
Dr. Thomas R. Fleming, Lead Biostatistician on Independent Data Monitoring Committees (IDMCs/DMCs). Former Director, Statistical Center for HIV/AIDS Prevention Trial Network, Fred Hutchinson Cancer Research Center.
Recieved FDA’s Special Citation Award for Extraordinary Contribution to the Agency.
Science magazine’s “Breakthrough of the Year” award in 2011.
Thomas was becoming a priest when a teacher inspired him to be a mathematician, the field where he also met his wife. Nice job of following one’s intuition! If not for this, who might have co-developed the kind of statistical framework we know today as the “O’Brien-Fleming boundary” which has greatly improved clinical trials.
Philip C. Amrein, M.D.
Recipient of Massachusetts General Hospital's “The One Hundred” honorary title, celebrating individuals whose clinical leadership, and dedication to both patients and research have been instrumental in the fight against cancer.
Veteran of the field of over 50 years! Primary investigator on plenty of new therapeutic approaches to AML, and thus a great team member for this WT1 design. A career focus for him has been the pursuit of tailored and more-tolerable treatments for elderly or high-risk leukemia patients (such as those who can’t withstand most chemotherapy).
Dr. Sharif S. Khan, MD. Director of the Blood & Marrow Transplant and Cellular Therapy Program, Bon Secours St. Francis Health.
Spearheaded and established the Chimeric Antigen Receptor (CAR) T-Cell Program there. A major effort that gave patients fighting aggressive blood cancers local access to cutting-edge cellular immunotherapies!
Dr. Pinilla-Ibarz, MD, PhD (REGAL trial committee)
Received the Moffitt Physician of the Year Award (2016–2017). Principal investigator and key contributor to multi-center clinical trials that successfully brought modern 2nd and 3rd-generation kinase inhibitors through FDA approval. This shifted the standard of care for leukemia patients away from chemotherapy.
Through the Pinilla Laboratory at Moffitt, he has driven effective research into restoring impaired immune functions in blood cancer patients. His lab continuously develops novel peptide and cellular vaccines aimed at preventing disease relapse.
Dr. Linghua Wang, MD, PhD. (TBH…she cute!)
Founding executive director: Center for Cellular Language Intelligence at University of Texas Anderson Cancer Center, a cancer hospital consistently ranked No. 1 by the U.S. News & World Report for over a decade.
Her published work has been cited about 70,000 times. (#OVER-9,000!) [https://scholar.google.com/citations?user=GNZEW3EAAAAJ&hl=en](https://scholar.google.com/citations?user=GNZEW3EAAAAJ&hl=en)
She helps the SLS team map how patients’ immune systems respond to GPS, and applies her foremost skills and experience in parsing those biomarkers predictive of which patients will benefit most from SLS009.
Major co-lead on “The Cancer Genome Atlas” project (TCGA). She led an effort using supercomputers to conduct a “multi-omic” analysis (meaning looking at the entire cell holistically) across 33 cancer types, examining how protein changes F\*\*\*ed up the cell’s various organelles and life processes.
More on the TCGA as a whole, in Gemini’s words:
“Widely considered one of the most transformative scientific initiatives in modern medicine. Launched in 2006 as a joint effort by the National Cancer Institute (NCI) and the National Human Genome Research Institute (NHGRI), the Atlas fundamentally reshaped oncology from a discipline defined by organ location (i.e. "breast cancer" vs. "lung cancer") into one driven by molecular and genetic subtyping!”
In my words again: The TCGA facilitated the discovery of novel molecular subtypes. Among brain cancer: “proneural, neural, classical, and mesenchymal groups,” which helped explain WHY a therapy might work for one patient but not for another (very disparaging!).
Yet another true breakthrough (…and so many on one team, holy sh\^\^).
Those same insights on Microsatellite Instability (MSI), would later gave clinicians insight to identify tumor variants that Immune Checkpoint Inhibitors were crucial for treating (Keytruda enters the chat).
Panagiotis D. Tsirigotis, MD (saw someone called him TsiriGOATis once - that’s a high accolade among my people).
Professor of Medicine at the NKUA and Chief of Leukemia at Attikon University Hospital. He is an international authority, one of multiple experts consulted for consensus policy decisions at the European Society for Blood and Marrow Transplantation (EBMT).
Also for those unfamiliar, the National and Kapodistrian University of Athens (NKUA) routinely ranks in the top 100 globally for research citations per faculty member, ranking 4th among institutions outside the U.S. It outperforms so many European and U.S. institutions due to massive scientific output in oncology, cardiology, and clinical trials.
According to A.I.: "What makes NKUA’s citation metrics unique globally is its extreme concentration of research firepower.”
Whoa there Gemini.
Dr. Guenther Koehne, MD, PhD, Deputy Director and Chief of Blood & Marrow Transplant and Hematologic Oncology at Miami Cancer Institute.
Course director for the annual “Summit of the Americas on Immunotherapies for Hematologic Malignancies,” which brings together international clinical leaders in blood cancers to develop new consensus in treatment strategies (good luck folks!)
He established trials evaluating heteroclitic WT1 peptide vaccines post-transplant to clear residual disease in high-risk multiple myeloma patients.
Investigator on current high-impact multi-center trials such as CRISPR-Cas9 gene-edited CD33-deleted stem cell transplants for relapsed/refractory AML.
Dr. David A. Scheinberg, M.D., Ph.D. Memorial Sloan Kettering Cancer Center, ranked #2 U.S. institution for cancer care.
Inventor of over 40 patents and author of over 350 scientific papers and book chapters.
In 2013 was named one of the top 20 “Translational Researchers” globally (https://www.nature.com/articles/nbt.2986) Recipient of too many awards to list here.
From A.I.:
Origin of Galinpepimut-S (GPS): The Center served as the incubator for Galinpepimut-S (GPS)—SELLAS Life Sciences’ lead WT1-targeting cancer vaccine candidate. Dr. Scheinberg's lab engineered the synthetic peptide vaccine to elicit a multi-epitope immune response against the WT1 protein, taking it from molecular design all the way through initial clinical validation.
He was chair of the Center for Experimental Therapeutics at Memorial Sloan Kettering Cancer Center, responsible for:
Pioneering Targeted Alpha Therapies: Under his direction the Center pioneered "targeted atomic nanogenerators.” These constructs use targeted antibodies or peptides to deliver radioactive isotopes (such as Actinium-225 and Bismuth-213) directly inside cancer cells to destroy their DNA while sparing surrounding healthy tissue.
TCR-Mimic (TCRm) Antibodies: His team developed groundbreaking T-cell receptor mimic monoclonal antibodies (such as ESK1). These antibodies can recognize intracellular cancer proteins that are displayed as fragments on the cell surface, opening up previously "undruggable" intracellular targets.
sentiment 0.99
8 hr ago • u/Frodo_x1 • r/fidelityinvestments • trader_pro_premarket_filters_not_working_again • C
Is it possible to give more details..... is it software related, process related... what is the cause/root issue.....
Limit it? Does that mean it is endemic to the system/software and I/we as customers can expect this to repeat in the future, i.e. it will not be fixed, but just monitored?
Thanks in advance (retired Engineer here so I have to root cause and fix problems, in my DNA) lol :o)
sentiment 0.86
9 hr ago • u/breaker414 • r/ValueInvesting • illumina_ilmn_0 • C
Came to the sub for AMZN/AAPL analysis, did not expect to see Illumina here. I work in a Hemepath lab. They may be getting hit by tariffs but rest assured they're passing a chunk of that on to their customers. For a while now they've been adding an almost $3600 tariff surcharge on our bimonthly order of roughly $65k worth of their DNA prep products.
sentiment 0.68
12 hr ago • u/windifq • r/ValueInvesting • illumina_ilmn_0 • Stock Analysis • B
As someone who has worked in multiple biology / genetics labs, I have always paid attention to one company in particular that made all of the DNA sequencers and equipment for the lab, Illumina! I realized about a year ago that their stock had been hit hard from tariffs and the company was placed on China's unreliable entities list and temporarily banned from being imported. In April 2025, ILMN was trading at $75 a share. The leader of DNA sequencing, with around 80% of the entire global market for NGS (next gen sequencing) under their control, and an ATH of $510, was down almost 90%. At around $100 a share I started buying. Fast forward to today, Illumina has shown a huge turnaround. In Q1 2026, ILMN had reported revenue of $1.09 billion (up 4.8% year-over-year). Their demand continues to rise and guidance has been great. Illumina has adopted multi omic technologies through acquisitions (SomaLogic) and new sequencing products like NovaSeq X. As demand for genomic technology and personalized health products increases, I believe ILMNA will have a long way to go - still way down from those all time highs. People have posted about it before, but wanted to draw more attention to this great stock. Q2 earnings tonight 🎃 🧬
sentiment 0.91
1 day ago • u/haze_from_deadlock • r/wallstreetbets • what_are_your_moves_tomorrow_july_30_2026 • C
She's too old to be his mom, too young to be his grandma, and yet I still want a DNA test confirming they're not related
sentiment 0.08
5 hr ago • u/DeepDivesnGoodMusic • r/biotech_stocks • improved_version_of_my_list_of_global_leaders_on • B
(Sorry for my VERY inconsistent formatting! Graduate school was a decade ago and I barely need to work. FYI, I picked their names at random from a list of 19-20 to share a few highlights for each).
\*DISCLAIMER\*: Oh and first a clinician wanted me clarify this, and I put into the simplest language possible so I can also share elsewhere, in non-stock-related forums:
... So, Sellas Life Sciences has a WILD stock resembling a roller coaster, but it does not reflect poorly on the competence of these fine scientists who I'm giving a shoutout to today. Basically many people received "warrants" years ago, a sort of BOGO offer to buy stock, which funded clinical trials for cancer treatment. Warrants can be turned into new shares... but more "shares" of a company in existence means each share is then worth less (each becomes a smaller relative percentage of the company). Day traders can place a "short" just before doing this - a lucrative bet that the stock will drop in value. Some people were quite open on forums that they had placed shorts... Sadly, right before the price JUMPED! Yikes!!
So if you see weekly articles or forum bots *so convinced the science will fail*, it's less likely that these scientists weren't doing their best work, and much more likely that someone is trying desperately to avoid loosing money, possibly all of their money.
There, context explained...
Michael Bolton- “…NOW BACK TO THE GOOD PART-”
In 2009, the National Cancer Institute evaluated some 75 tumor antigens, eventually ranking "Wilms' Tumor 1" (WT1) as their #1 priority target... Yet because of drug limitations and WT1’s "trickster" nature as both a tumor suppressor and tumor instigator at times - it was called “undruggable”…
Avengers, assemble! (as one Redditor put it).
First, a shoutout to a non-scientist on the team:
Katherine Bach Kalin, MBA. Executive Leadership at Johnson & Johnson (2002–2011), then Head of Corporate Strategy at Celgene from 2012 to 2017.
She helped Celgene grow from mid-size into one of THE TOP biopharma powerhouses globally. Conducted a $7.2 billion acquisition of “Receptos” in 2015.
By 2017 Celgene’s revenue more than doubled since her arrival, to 13 billion.
She would later secure for them an enormous $74-billion buyout deal with Bristol Myers Squibb in November 2019.
Her words on leadership: “Knowing how and when to be demanding, encouraging, believing, and yet striving always to be caring and inspiring are very difficult things to learn and apply in practice.”
Note: I’m enjoying the story of Angelos Stergiou and the many things he did well. I was picking names at random for the 19-20 people on the team, but I might look through his story again and summarize it soon - paying attention to clarify or dispel misleading claims on the internet spread by short sellers (no shade on you folks, but you bet against scientific progress). I appreciate his pleasant demeanor when answering questions from everyday investors. I’ll admit that I was fooled by propaganda about him months ago!
Dr. Larry W. Kwak, Director of the Toni Stephenson Lymphoma Center. Previously head of Vaccine Biology Section at the NCI (National Cancer Institute), Chair of Lymphoma and Myeloma at MD Anderson Cancer Center, and Deputy Director of the Comprehensive Cancer Center at City of Hope.
Among TIME Magazine's 100 most influential people in the world (2010), for his clinical leadership in developing personalized therapeutic cancer vaccines.
[https://connection.asco.org/do/meet-two-worlds-most-influential-people](https://connection.asco.org/do/meet-two-worlds-most-influential-people)
Recipient of the Ho-Am Prize in Medicine (2016): Equivalent of the Nobel Prize in Korea.
One of the first scientists to prove that customized vaccines could be used to train a patient’s own immune system to target and eliminate cancer. He helped shift oncology toward post-chemo maintenance therapies using a vaccines custom-tailored to the genes of patients’ cancers.
Dr. Thomas R. Fleming, Lead Biostatistician on Independent Data Monitoring Committees (IDMCs/DMCs). Former Director, Statistical Center for HIV/AIDS Prevention Trial Network, Fred Hutchinson Cancer Research Center.
Recieved FDA’s Special Citation Award for Extraordinary Contribution to the Agency.
Science magazine’s “Breakthrough of the Year” award in 2011.
Thomas was becoming a priest when a teacher inspired him to be a mathematician, the field where he also met his wife. Nice job of following one’s intuition! If not for this, who might have co-developed the kind of statistical framework we know today as the “O’Brien-Fleming boundary” which has greatly improved clinical trials.
Philip C. Amrein, M.D.
Recipient of Massachusetts General Hospital's “The One Hundred” honorary title, celebrating individuals whose clinical leadership, and dedication to both patients and research have been instrumental in the fight against cancer.
Veteran of the field of over 50 years! Primary investigator on plenty of new therapeutic approaches to AML, and thus a great team member for this WT1 design. A career focus for him has been the pursuit of tailored and more-tolerable treatments for elderly or high-risk leukemia patients (such as those who can’t withstand most chemotherapy).
Dr. Sharif S. Khan, MD. Director of the Blood & Marrow Transplant and Cellular Therapy Program, Bon Secours St. Francis Health.
Spearheaded and established the Chimeric Antigen Receptor (CAR) T-Cell Program there. A major effort that gave patients fighting aggressive blood cancers local access to cutting-edge cellular immunotherapies!
Dr. Pinilla-Ibarz, MD, PhD (REGAL trial committee)
Received the Moffitt Physician of the Year Award (2016–2017). Principal investigator and key contributor to multi-center clinical trials that successfully brought modern 2nd and 3rd-generation kinase inhibitors through FDA approval. This shifted the standard of care for leukemia patients away from chemotherapy.
Through the Pinilla Laboratory at Moffitt, he has driven effective research into restoring impaired immune functions in blood cancer patients. His lab continuously develops novel peptide and cellular vaccines aimed at preventing disease relapse.
Dr. Linghua Wang, MD, PhD. (TBH…she cute!)
Founding executive director: Center for Cellular Language Intelligence at University of Texas Anderson Cancer Center, a cancer hospital consistently ranked No. 1 by the U.S. News & World Report for over a decade.
Her published work has been cited about 70,000 times. (#OVER-9,000!) [https://scholar.google.com/citations?user=GNZEW3EAAAAJ&hl=en](https://scholar.google.com/citations?user=GNZEW3EAAAAJ&hl=en)
She helps the SLS team map how patients’ immune systems respond to GPS, and applies her foremost skills and experience in parsing those biomarkers predictive of which patients will benefit most from SLS009.
Major co-lead on “The Cancer Genome Atlas” project (TCGA). She led an effort using supercomputers to conduct a “multi-omic” analysis (meaning looking at the entire cell holistically) across 33 cancer types, examining how protein changes F\*\*\*ed up the cell’s various organelles and life processes.
More on the TCGA as a whole, in Gemini’s words:
“Widely considered one of the most transformative scientific initiatives in modern medicine. Launched in 2006 as a joint effort by the National Cancer Institute (NCI) and the National Human Genome Research Institute (NHGRI), the Atlas fundamentally reshaped oncology from a discipline defined by organ location (i.e. "breast cancer" vs. "lung cancer") into one driven by molecular and genetic subtyping!”
In my words again: The TCGA facilitated the discovery of novel molecular subtypes. Among brain cancer: “proneural, neural, classical, and mesenchymal groups,” which helped explain WHY a therapy might work for one patient but not for another (very disparaging!).
Yet another true breakthrough (…and so many on one team, holy sh\^\^).
Those same insights on Microsatellite Instability (MSI), would later gave clinicians insight to identify tumor variants that Immune Checkpoint Inhibitors were crucial for treating (Keytruda enters the chat).
Panagiotis D. Tsirigotis, MD (saw someone called him TsiriGOATis once - that’s a high accolade among my people).
Professor of Medicine at the NKUA and Chief of Leukemia at Attikon University Hospital. He is an international authority, one of multiple experts consulted for consensus policy decisions at the European Society for Blood and Marrow Transplantation (EBMT).
Also for those unfamiliar, the National and Kapodistrian University of Athens (NKUA) routinely ranks in the top 100 globally for research citations per faculty member, ranking 4th among institutions outside the U.S. It outperforms so many European and U.S. institutions due to massive scientific output in oncology, cardiology, and clinical trials.
According to A.I.: "What makes NKUA’s citation metrics unique globally is its extreme concentration of research firepower.”
Whoa there Gemini.
Dr. Guenther Koehne, MD, PhD, Deputy Director and Chief of Blood & Marrow Transplant and Hematologic Oncology at Miami Cancer Institute.
Course director for the annual “Summit of the Americas on Immunotherapies for Hematologic Malignancies,” which brings together international clinical leaders in blood cancers to develop new consensus in treatment strategies (good luck folks!)
He established trials evaluating heteroclitic WT1 peptide vaccines post-transplant to clear residual disease in high-risk multiple myeloma patients.
Investigator on current high-impact multi-center trials such as CRISPR-Cas9 gene-edited CD33-deleted stem cell transplants for relapsed/refractory AML.
Dr. David A. Scheinberg, M.D., Ph.D. Memorial Sloan Kettering Cancer Center, ranked #2 U.S. institution for cancer care.
Inventor of over 40 patents and author of over 350 scientific papers and book chapters.
In 2013 was named one of the top 20 “Translational Researchers” globally (https://www.nature.com/articles/nbt.2986) Recipient of too many awards to list here.
From A.I.:
Origin of Galinpepimut-S (GPS): The Center served as the incubator for Galinpepimut-S (GPS)—SELLAS Life Sciences’ lead WT1-targeting cancer vaccine candidate. Dr. Scheinberg's lab engineered the synthetic peptide vaccine to elicit a multi-epitope immune response against the WT1 protein, taking it from molecular design all the way through initial clinical validation.
He was chair of the Center for Experimental Therapeutics at Memorial Sloan Kettering Cancer Center, responsible for:
Pioneering Targeted Alpha Therapies: Under his direction the Center pioneered "targeted atomic nanogenerators.” These constructs use targeted antibodies or peptides to deliver radioactive isotopes (such as Actinium-225 and Bismuth-213) directly inside cancer cells to destroy their DNA while sparing surrounding healthy tissue.
TCR-Mimic (TCRm) Antibodies: His team developed groundbreaking T-cell receptor mimic monoclonal antibodies (such as ESK1). These antibodies can recognize intracellular cancer proteins that are displayed as fragments on the cell surface, opening up previously "undruggable" intracellular targets.
sentiment 0.99
8 hr ago • u/Frodo_x1 • r/fidelityinvestments • trader_pro_premarket_filters_not_working_again • C
Is it possible to give more details..... is it software related, process related... what is the cause/root issue.....
Limit it? Does that mean it is endemic to the system/software and I/we as customers can expect this to repeat in the future, i.e. it will not be fixed, but just monitored?
Thanks in advance (retired Engineer here so I have to root cause and fix problems, in my DNA) lol :o)
sentiment 0.86
9 hr ago • u/breaker414 • r/ValueInvesting • illumina_ilmn_0 • C
Came to the sub for AMZN/AAPL analysis, did not expect to see Illumina here. I work in a Hemepath lab. They may be getting hit by tariffs but rest assured they're passing a chunk of that on to their customers. For a while now they've been adding an almost $3600 tariff surcharge on our bimonthly order of roughly $65k worth of their DNA prep products.
sentiment 0.68
12 hr ago • u/windifq • r/ValueInvesting • illumina_ilmn_0 • Stock Analysis • B
As someone who has worked in multiple biology / genetics labs, I have always paid attention to one company in particular that made all of the DNA sequencers and equipment for the lab, Illumina! I realized about a year ago that their stock had been hit hard from tariffs and the company was placed on China's unreliable entities list and temporarily banned from being imported. In April 2025, ILMN was trading at $75 a share. The leader of DNA sequencing, with around 80% of the entire global market for NGS (next gen sequencing) under their control, and an ATH of $510, was down almost 90%. At around $100 a share I started buying. Fast forward to today, Illumina has shown a huge turnaround. In Q1 2026, ILMN had reported revenue of $1.09 billion (up 4.8% year-over-year). Their demand continues to rise and guidance has been great. Illumina has adopted multi omic technologies through acquisitions (SomaLogic) and new sequencing products like NovaSeq X. As demand for genomic technology and personalized health products increases, I believe ILMNA will have a long way to go - still way down from those all time highs. People have posted about it before, but wanted to draw more attention to this great stock. Q2 earnings tonight 🎃 🧬
sentiment 0.91
1 day ago • u/haze_from_deadlock • r/wallstreetbets • what_are_your_moves_tomorrow_july_30_2026 • C
She's too old to be his mom, too young to be his grandma, and yet I still want a DNA test confirming they're not related
sentiment 0.08
2 days ago • u/kerplunktard • r/ValueInvesting • is_celh_a_perfect_example_of_a_value_investment • C
whatever dude, here's AI's answer, you might want to do a bit of research yourself, take away the caffeine and they are probably healthy (apart from the sucralose - can lead to gut microbiome imbalances, inflammation, and potential DNA damage)
"celsius drinks are not explicitly "good" for your health, each 12-oz can contains a potent 200 mg of caffeine hitting half of the FDA's recommended 400 mg daily adult caffeine limit, risking jitters or high heart rate if stacked with coffee"
sentiment 0.27
2 days ago • u/IndiaCompounder • r/IndianStockMarket • part_2_deep_dive_nseirfc_a_retail_narrative_trap • DD • B
Part 1- https://www.reddit.com/r/IndianStockMarket/s/BEpGyRuICf
We are now well acknowledged with the business model, evolution & moat structure of IRFC along with risks associated.
1. Ever since gov significantly reduced its reliance on extra budgetary Resources, Direct disbursements from IRFC to MoR was zero for past two years.
AUM growth has hit structural ceiling.
Although operational efficiency looks incredible at less than 0.09% of revenue, it fails to translate into bottom line non linear expansion because of contractually capped NIM at 1.4-1.5% on MoR AUM.
To counter this ceiling, IRFC 2.0 was launched marking a strategic shift toward multi-client diversification with 100-120bp spread. This segment alters the legacy risk-return and capital efficiency quality as discussed in Part 1.
So the NIM expansion inturn compromises the business quality which eventually leads to severe dilution of CRAR affecting future **cash flow growth.**
**2.Cash flow duration** is protected by contractually locked massive legacy lease receivables for next 15-30yrs (3,83,942 cr as of last quarter) despite competitive pressure in non-MoR segment.
3.In fy26 ‘**Owner earnings**’ defined as \[PAT-(non cash items+maintainence capex)\] is close to 100% of reported PAT because of highly efficient operational efficiency. So theres minimal reinvestment drag .
But as non-MoR lending segments scales, IRFC must maintain >= 15% capital adequacy ratio against its risk weighted exposures by regulations.
Furthermore NBFC are mandated to transfer 20% of net profit to reserve fund before declaring dividends.
IRFC enjoyed higher gear ratio above 7x till now on a total debt of 4.36lakhcr against net worth of 56kcr.
From here on any incremental non- MoR expansion willl absorb equity capital at faster rate than legacy business affecting owners earnings which will drag future dividend payout.
So growth of diversified businesses acts as a heavy capital drag in contrast to legacy business which enjoyed little reinvestment drag thanks to regulatory benefits .
This drag is already seen in collapse of CRAR from 672% in fy25 to 110% in fy26.
4. So,IRFC exhibits classic case of ‘quality trap’. While the "sovereign-backed financier" brand is premium, its actual operational returns are thin.
In fiscal year 2026, the company reported a Return on Average Total Assets (ROTA) of 1.39% and a
Return on Average Tangible Net Worth (ROE) of 12.81%.
Despite its zero-NPA profile, the net interest
margins are capped at a narrow 1.40%. This demonstrates that the prestige of the sovereign brand does not translate into superior economic returns, but rather into stable, utility-like returns.
While legacy book is highly insulated, the diversified portfolio introduces **cash flow** **fragility** as it is exposed to state level fiscal health and credit risks. Any payment delays will force IRFC to classify those assests under provisioning guidelines (ECL) impacting net profit and capital adequacy.
5. **Management**:
Promoter is The President of India acting through MoR holding 82.9% stake eventually will be diluted to below 75% as per SEBI Mandate. No promoter pledge, stock options.
The primary customer is also promoter(MoR/ RVNL/IRCON/NTPC).Related party transactions are conducted within arms length. Audit integrity is well maintained too.
But the key weakness shows up in non-complaince with Sebi’s board composition guidelines. Theres prolonged vacancies in independent director positions since years due to inefficiency in MoR.
The capped margins on MoR lending book and government mandated high dividend payout rather than internal re-investment exposes the freedom of capital allocators.
One must evaluate its capital allocation flexibility and entrepreneurial mandate:
1. *Lack of Pricing Power*: IRFC operates as a utility-like pass-through intermediary. It has no control
over its pricing spreads on 92.56% of its AUM, which are contractually capped by the MoR.
2. *Dividends vs Reinvestment Optionality*: Unlike high-growth compounders that retain 100% of
their earnings to reinvest at high incremental rates of return, IRFC is managed as a dividend-paying
PSU, distributing a significant portion of its earnings annually (paying INR 3,005 Crore in dividends in
FY25). This distribution limits the speed of internal equity compounding.
3. *Sovereign Constraints*: Capital deployment targets, geographic expansion, and senior
management appointments are subject to **government policy** and political directives rather than
dynamic market allocation.
Consequently, the structural DNA of IRFC is that of a stable, low-risk, income-generating utility, lacking the
operational flexibility, pricing power, and reinvestment opportunities required to be a quality compounder.
\***VALUATION**
With the known knowledge acquired till now
When compared with peers, the valuation confirms narrative trap.
Peers like PFC/REC trade close to 1PB and <6PE with ROE above 18%. Eventhough their NIM is well above 3% as opposed to IRFC’s 1.4% at just 13%ROE IRFC is trading at 16PE and 2PB solely for its asset quality(**Nil NPA**) and flexible capital adequacy which as we learned is deteriorating.
PEC/REC NPA stands at 1.5% (then again NPA’s are not right metric when your customer is sovereign government) and CRAR capped at 18%.
The reason which it enjoyed high valuation won’t be justified as the future business risks changes. Growth becomes more capital intensive and balance sheet dependent holding ROE growth back.
The Narrative of ‘Monopoly Railway Financing corporation’ is a trap as the government policy decision is not in its control. Two consecutive year of zero- Nil disbursements to MoR is the sign of a fragile monopoly moat. Now it’s forced to compete as a low margin lender against relatively better giants like PFC/REC who have decades of operatinal experience.
Its valuation will ultimately reflect future business state and will compress to peers level and the business quality will never be the same for which you paid premium for. This is my reason to conclude it as a ‘quality trap’ and unattractive for investment. There are better opportunities instead.
On the other side of the world, there stands **Bajaj finance** strongly as successful NBFC giant creating immense value to shareholders with its superior asset quality. It’s a work for you to figure out why?
sentiment 1.00
2 days ago • u/superduperspam • r/wallstreetbets • kospi_plunges_another_8_triggers_second_straight • C
Pst, want sum more Korean DNA in you?
sentiment 0.08
2 days ago • u/IndiaCompounder • r/IndianStockMarket • part_1_deep_dive_nseirfc_a_retail_narrative_trap • DD • B
A stock bought by majority at the euphoric top paying 4-5PB for a deteriorating business quality continuous to destroy shareholders capital & what if I tell you that the bottom hasn’t formed yet? Lets dig in.
(PART 1 dives into business model,moat structure & risks analysis focused on data and crude numbers borrowed from annual reports.
Indian Railway Finance Corporation Limited (**IRFC**) operates as the highly specialized, systemically important non-
deposit-taking Non-Banking Financial Company (**NBFC-ND-SI**) and Infrastructure Finance Company (IFC)
under the administrative control of the Ministry of Railways (MoR), Government of India .
**The problem it solves** ? IRFC bridges the funding gap between the budgetary allocations of the central
government and the massive capital expenditure requirements of the Indian rail network.Developing and maintaining a vast rail network requires immense upfront capital with long
gestation periods. Through its leasing model, IRFC purchases critical operational assets such
as locomotives, passenger coaches, and freight wagons and leases them directly to the MoR, allowing
the latter to deploy these assets immediately while amortizing the capital cost over decades.
The customer base is highly concentrated, with the MoR representing
92.56% of AUM.
# LENDING STRUCTURE
***1.Rolling Stock Leasing***: IRFC finances acquisition of rail infrastructure assets by paying manufacturers directly through capital raised from debt markets then takes ownership and leases them to MoR. This tenure spans 30yrs, divided into primary and secondary periods of 15yrs each. First 15yrs IRFC recovers entire capitalized cost with interest and net interest margin. Next 15yrs it charges nominal lease rental. After 30yrs ownership is transferred to MoR for 1rupees.
This segment (28% AUM) forms highly stable recurring revenue.
***2.Project infra asset leasing:*** creation and development of national railway infrastructure projects, such as track doubling, electrification, new line installations, and bridge construction. Here modified lease model is followed with initial gestation period of 5yrs where MoR pays no rent but IRFC recognises the finance cost on annual basis as disbursement capitalized to asset value. After 5yrs IRFC recovers capital over 15yrs primary lease period. This segment accounts for 52% of total AUM.
***3.CORPORATE LENDING & ECOSYSTEM FINANCING (IRFC2.0)*** : to mitigate concentration risk and capitalize on higher yield it lends to CPSEs, state governments, and Joint Ventures that have direct forward or backward
linkages with the railway sector. This segment has grown rapidly n currently forms 8% of AUM.
# Customer base
***1.Ministry of Railways (92%AUM)***; A symbiotic relationship - IRFC exists solely to finance the MoR and the MoR iS contractually obligated to ensure the solvency of the IRFC. Switching costs for this customer are effectively infinite; no other financial institution in India can consistently raise and deploy the large volume of capital required by the MoR at comparable sovereign-equivalent rates. Highly sovereign backed, zero NPA, non-cyclical recurring revenue model.
***2.Ecosystem and CPSE Tier:*** (8%AUM) Major state owned enterprises and joint ventures like DFCCIL / NTPC/ RVNL/ IRCON .
Legacy leasing spreads on MoR assets are capped at 40 basis points, whereas non-MoR lending targets spreads of 100 to 120 basis points, representing a yield that is 2.5x to 3x higher. The company executed agreements worth INR 72,949 Crore and disbursed INR 35,067 Crore to non-MoR entities in fiscal year 2026, compared to just INR 731.27Crore in fiscal year 2025.
Interest income from this segment has grown rapidly, rising to 9,539.83 Crore in FY26
from 7,719.69 Crore in FY25, representing a 23.58% year-on-year growth.
The overall revenue mix of the corporation is transitioning from a purely lease-dominated model to a hybrid
mix of Lease Income and Interest Income.
This incremental deployment drove a sequential recovery in overall NIMs from 1.42% in fiscal year 2025 to 1.50% in fiscal year 2026, with the management guiding for a NIM target of 1.65% by the end of fiscal year 2027. Because the operating expenses are negligible and fixed, this margin expansion translates directly into a
higher return on equity (RoE), return on assets (RoA), and earnings per share (EPS).
# The core economic moat of IRFC is structurally built upon three pillars
1.**Sovereign-Backed Cost Advantage**: Because of its ownership structure and critical national
importance, the corporation borrows at rates very close to the sovereign G-Sec curve, often 20 to 30
basis points cheaper than peer NBFCs.
In the international markets, its ratings are capped at the sovereign ceiling, which allows it to access
extremely low-cost foreign currency capital through syndicated Green Loans and Japanese Yen (JPY)
denominated External Commercial Borrowings. This allows the corporation to win competitive bids while
maintaining profitable spreads.
2.**Vast Capital Underwriting Capacity**: With a net worth of 56,748.76 Crore as of
March 31, 2026, the corporation has the largest single-borrower lending capacity under RBI
exposure norms, enabling it to write single-borrower checks of up to 17,000Crore.
Peer institutions with smaller equity bases must form complex syndicates to fund such transactions.
3.**Regulatory Capital Arbitrage**: Under RBI guidelines, the corporation's direct exposures to the
Ministry of Railways are assigned a *zero percent risk weigh*t. This regulatory exemption allows the
corporation to maintain an exceptionally high Capital Adequacy Ratio (CRAR of 110.91% in FY26
and 672.85% in FY25). This high capital adequacy provides immense leverage capacity to grow the
non-MoR risk-weighted book without requiring immediate equity dilution. Fiscally, the company’s adoption of Section 115BAA of the Income Tax Act, 1961, has exempted it from Minimum Alternate Tax (MAT) since fiscal year 2020, resulting in zero corporate tax liability and high net margins.
These competitive advantages creates high barrier entry and are **highly durable over a 5 to 10-year horizon**.
# Growth Drivers
\-Sovereign Capex Modernization (Viksit Bharat 2047)
The primary growth engine remains the capital expansion of the Indian rail network. Under the Union
Budget and national economic corridors initiative, the Government of India plans to lay over 40,000
kilometers of new tracks, scale high-speed rail networks, build elevated corridors with speeds exceeding
200km/hr and establish more than 1,500 Gati Shakti cargo terminals.
This massive infrastructure upgrade requires consistent, long-term capital. Although the direct budget
capital support of the MoR has increased, IRFC remains the necessary vehicle to **mobilize extra-**
**budgetary resources** when the fiscal limits of the government are constrained.
\-The Strategic Shift to IRFC 2.0 and Sector Diversification
The launch of the "IRFC 2.0" strategic framework,represents a major structural growth
pivot. Lending expansion into broader rail-linked infrastructure and energy
ecosystem like energy generation for traction power, port connectivity projects, metro
rails, multi-modal logistics parks, and fertilizer plants IRFC is targeting a massive, unserved
addressable market.
**The long-term target is to transition from a single-client model to a 60:40 portfolio mix by 2030, with 60%**
**of AUM representing direct MoR exposures and 40% representing non-MoR ecosystem exposures.**
# Model-Linked Risks
**1.Asset Quality and Credit Risk Dilution under IRFC 2.0**
The primary operational risk is the dilution of the corporation’s historically pristine, zero-NPA asset quality.
As the risk falls on corporate cash flow generation which is subjected to credit cycles, macroeconomic slowdowns.
This risk is already manifesting in the audited financials. In the fiscal year ended March 31, 2026,
Impairment on Financial Instruments surged to 124.03 Crore, compared to a
negligible 0.68Crore in FY25, representing a massive yoy increase.
the credit cost is structurally destined to rise as the non-MoR portfolio expands.
**2.Capital Adequacy Compression and Solvency Risk**
The transition to risk-weighted corporate assets is consuming capital at a rapid rate. Under RBI guidelines,
direct exposures to the MoR carry a 0% risk weight, requiring no capital backing. Non-MoR lending (even
to highly rated CPSEs like NTPC) carries standard risk weights ranging from 20% to 100% under RBI
Basel III norms.
Consequently, as the non-MoR asset book grew to 7.42% of AUM in FY26, the Capital Adequacy Ratio
(CRAR) compressed from 672.85% as of March 31, 2025, to 110.91% as of March 31, 2026.
To maintain its high credit rating and expand its corporate
book, the company may eventually be forced to retain higher earnings or dilute equity through public
offerings, potentially depressing return ratios.
**3.Sovereign Policy and Concentration Risk**
The IRFC faces structural concentration risk, with the MoR representing 92.56% of its AUM. The
business growth is entirely dependent on the government’s infrastructure policy and allocation decisions. If
the Ministry of Finance decides to fund railway capex entirely through direct budgetary support, the requirement for extra-budgetary resources from the
IRFC drops to zero. This was observed in FY24 and FY25 when the Union Budget allocated zero
EBR borrowing targets to the MoR.
While the corporation is diversifying, the non-MoR segment will take several years to reach scale. Until
then, any long-term decline in sovereign railway borrowing targets will cause a direct stagnation in the
corporation's AUM growth.
**4. Loss of Sovereign Protection**: Unlike the MoR lease agreements, non-MoR exposures do not
carry a direct sovereign pass-through of forex or interest rate risk. Although the company maintains a
policy to fully hedge all foreign currency exposures raised for non-MoR consumption, the hedging
cost is borne on its own balance sheet, which directly eats into the gross spread.
5.Competitive RFP Pressures: More than 75% of IRFC’s new diversified business in fiscal year
2026 was secured through competitive bidding procedures via Requests for Proposal (RFPs).
Entering the open infrastructure lending market pits IRFC against established power sector
specialized financiers such as PFC and REC Limited, which possess
larger credit assessment teams and established underwriting track records. This competitive
environment limits the pricing power IRFC can exert on its non-MoR portfolio, as commercial banks
and peers aggressively bid for highly rated AAA/AA government-linked assets.
Part 2 will be more focused on financial health, fundamentals and management DNA. Will summarize why in the end IRFC is just a low quality business trap.
sentiment 1.00
2 days ago • u/madumi_mike • r/wallstreetbets • elon_lost_130b_in_5_days_now_hes_running_a_bbq • C
They cloned his DNA first trip.
sentiment 0.00


Share
About
Pricing
Policies
Markets
API
Info
tz UTC-4
Connect with us
ChartExchange Email
ChartExchange on Discord
ChartExchange on X
ChartExchange on Reddit
ChartExchange on GitHub
ChartExchange on YouTube
© 2020 - 2026 ChartExchange LLC