NASDAQ:MGX Metagenomi (MGX) Stock Price, News & Analysis → Proof that the Musk/Bezos rivalry is about to hit a new level (From InvestorPlace) (Ad) Free MGX Stock Alerts $6.89 +0.09 (+1.32%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$6.59▼$7.0950-Day Range$6.17▼$12.0452-Week Range$5.50▼$12.74Volume34,070 shsAverage Volume172,747 shsMarket Capitalization$258.17 millionP/E RatioN/ADividend YieldN/APrice Target$17.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesInsider TradesSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesInsider TradesSEC FilingsSocial Media Get Metagenomi alerts: Email Address Metagenomi MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside158.8% Upside$17.83 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.06Based on 9 Articles This WeekInsider TradingAcquiring Shares$13.03 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($2.89) to ($2.68) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.78 out of 5 starsMedical Sector398th out of 915 stocksBiological Products, Except Diagnostic Industry54th out of 154 stocks 4.4 Analyst's Opinion Consensus RatingMetagenomi has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMetagenomi has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Metagenomi's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MGX. Previous Next 0.0 Dividend Strength Dividend YieldMetagenomi does not currently pay a dividend.Dividend GrowthMetagenomi does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MGX. Previous Next 1.7 News and Social Media Coverage News SentimentMetagenomi has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Metagenomi this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for MGX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Metagenomi to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Metagenomi insiders have bought more of their company's stock than they have sold. Specifically, they have bought $13,025,000.00 in company stock and sold $0.00 in company stock.Read more about Metagenomi's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Metagenomi are expected to grow in the coming year, from ($2.89) to ($2.68) per share.Read more about Metagenomi's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchThings Are Not Normal in America – Here’s What to DoGet Out of the Dollar Before May 15 A Wall Street legend and our friend has just warned 896,000 Americans to prepare for May 15.This could be your solution. About Metagenomi Stock (NASDAQ:MGX)Metagenomi, Inc., a genetic medicines company, develops therapeutics for patients using metagenomics-derived genome editing toolbox in the United States. The company's genome editing toolbox includes programmable nucleases, base editors, and RNA and DNA-mediated integration systems, such as prime editing systems and clustered regularly interspaced short palindromic repeat-associated transposases. It has a strategic collaboration and license agreement with ModernaTX, Inc. focusing on new genome editing system for in vivo human therapeutic applications; a development, option, and license agreement with Affini-T Therapeutics, Inc. to develop and commercialize gene edited T-cell receptor-based therapeutic products in the field of treatment, prevention, or diagnosis of human cancer; and a collaboration and license agreement with Ionis Pharmaceuticals, Inc. to research, develop, and commercialize investigational medicines using genome editing technologies. The company was incorporated in 2016 and is based in Emeryville, California.Read More MGX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGX Stock News HeadlinesMay 9, 2024 | americanbankingnews.comMetagenomi, Inc. Expected to Earn Q1 2024 Earnings of ($1.20) Per Share (NASDAQ:MGX)May 8, 2024 | msn.comHC Wainwright & Co. Initiates Coverage of Metagenomi (MGX) with Buy RecommendationMay 9, 2024 | Stansberry Research (Ad)Things Are Not Normal in America – Here’s What to DoGet Out of the Dollar Before May 15 A Wall Street legend and our friend has just warned 896,000 Americans to prepare for May 15.May 8, 2024 | americanbankingnews.comMetagenomi (NASDAQ:MGX) Now Covered by Analysts at HC WainwrightMay 6, 2024 | americanbankingnews.comMetagenomi (NASDAQ:MGX) Lowered to "Neutral" at JPMorgan Chase & Co.May 4, 2024 | msn.comJ.P. Morgan downgrades Metagenomi over Moderna deal terminationMay 2, 2024 | markets.businessinsider.comAnalyst Maintains ‘Buy’ Rating on Metagenomi Amidst New Opportunities Post-Moderna Partnership TerminationMay 2, 2024 | investorplace.com3 Gene Editing Stocks with the Potential to Make You an Overnight MillionaireMay 9, 2024 | Stansberry Research (Ad)Things Are Not Normal in America – Here’s What to DoGet Out of the Dollar Before May 15 A Wall Street legend and our friend has just warned 896,000 Americans to prepare for May 15.May 1, 2024 | globenewswire.comMetagenomi to regain full development rights to its wholly-owned base editing and RIGS systemsApril 8, 2024 | globenewswire.comMetagenomi to Present at Upcoming Scientific MeetingsApril 3, 2024 | fool.comMetagenomi (NASDAQ: MGX)April 2, 2024 | morningstar.comMetagenomi Inc MGXMarch 29, 2024 | markets.businessinsider.comMetagenomi, Inc.: Strong Buy Rating on Robust Hemophilia Program and Strategic PartnershipsMarch 29, 2024 | markets.businessinsider.comMetagenomi, Inc.: Strong Buy Rating on Promising Pipeline and Solid Financial PositioningMarch 28, 2024 | finanznachrichten.deMetagenomi, Inc.: Metagenomi Reports Business Updates and Full Year 2023 Financial ResultsMarch 27, 2024 | msn.comMetagenomi reports FY resultsMarch 27, 2024 | globenewswire.comMetagenomi Reports Business Updates and Full Year 2023 Financial ResultsFebruary 29, 2024 | globenewswire.comMetagenomi to Participate in the 44th Annual Cowen Healthcare ConferenceFebruary 19, 2024 | fool.comThis Biotech IPO Stock Just Took a Tumble, But Don't Give Up on It YetFebruary 18, 2024 | 247wallst.comInsider Buying: Taking a Controlling Stake in a Struggling Retailer?February 13, 2024 | globenewswire.comMetagenomi Announces Closing of Initial Public OfferingFebruary 9, 2024 | reuters.comModerna, Bayer-backed Metagenomi stock drops 32% on Nasdaq debutSee More Headlines Receive MGX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Metagenomi and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today5/09/2024Next Earnings (Estimated)6/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:MGX Previous SymbolNASDAQ:MGX CUSIPN/A CIK1785279 Webwww.metagenomi.co Phone510-871-4880FaxN/AEmployees236Year FoundedN/APrice Target and Rating Average Stock Price Target$17.83 High Stock Price Target$25.00 Low Stock Price Target$6.00 Potential Upside/Downside+162.3%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio4.04 Quick Ratio4.04 Sales & Book Value Annual Sales$44.76 million Price / Sales5.69 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares37,470,000Free FloatN/AMarket Cap$254.80 million OptionableN/A BetaN/A 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesDr. Brian Charles Thomas Ph.D. (Age 55)Co-Founder, CEO & Chairman of the Board Comp: $859.34kDr. Jian Irish M.B.A. (Age 60)Ph.D., President, COO & Director Comp: $729.82kDr. Sarah B. Noonberg M.D. (Age 56)Ph.D., Chief Medical Officer Comp: $591.49kDr. Jak Knowles M.D.Co-Founder & Member of Scientific Advisory BoardMs. Pamela M. Wapnick M.B.A. (Age 58)Chief Financial Officer Dr. Luis G. Borges Ph.D. (Age 62)Chief Scientific Officer More ExecutivesKey CompetitorsCompass TherapeuticsNASDAQ:CMPXSutro BiopharmaNASDAQ:STROCoherus BioSciencesNASDAQ:CHRSFennec PharmaceuticalsNASDAQ:FENCCandel TherapeuticsNASDAQ:CADLView All CompetitorsInsidersHoldings A/S NovoBought 800,000 shares on 2/13/2024Total: $12 M ($15.00/share)Holdings A/S NovoBought 100,000 shares on 2/9/2024Total: $1.03 M ($10.25/share)View All Insider Transactions MGX Stock Analysis - Frequently Asked Questions Should I buy or sell Metagenomi stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Metagenomi in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MGX shares. View MGX analyst ratings or view top-rated stocks. What is Metagenomi's stock price target for 2024? 7 equities research analysts have issued 12 month target prices for Metagenomi's shares. Their MGX share price targets range from $6.00 to $25.00. On average, they anticipate the company's stock price to reach $17.83 in the next year. This suggests a possible upside of 158.8% from the stock's current price. View analysts price targets for MGX or view top-rated stocks among Wall Street analysts. How have MGX shares performed in 2024? Metagenomi's stock was trading at $10.31 on January 1st, 2024. Since then, MGX stock has decreased by 33.2% and is now trading at $6.89. View the best growth stocks for 2024 here. When is Metagenomi's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 26th 2024. View our MGX earnings forecast. When did Metagenomi IPO? Metagenomi (MGX) raised $94 million in an initial public offering on Friday, February 9th 2024. The company issued 6,250,000 shares at $15.00 per share. When did Metagenomi's quiet period expire? Metagenomi's quiet period expired on Wednesday, March 20th. Metagenomi had issued 6,250,000 shares in its initial public offering on February 9th. The total size of the offering was $93,750,000 based on an initial share price of $15.00. During Metagenomi's quiet period, underwriters and any insiders that worked on the IPO were restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company. How do I buy shares of Metagenomi? Shares of MGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:MGX) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersThis 1 Biotech Stock has been shocking the marketsHuge Alerts1970’s computer coder Issues Shocking AI WarningInvestorPlaceDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDems have chosen Biden replacement?Paradigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmithThe Crypto 9-5 Escape PlanCrypto 101 MediaThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeTrue Market Insiders348 million Americans lives to END as we know it?The Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Metagenomi, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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