Go Pro
NASDAQ:MGTX

MeiraGTx (MGTX) Stock Price, News & Analysis

MeiraGTx logo
$10.79 +0.13 (+1.22%)
Closing price 04:00 PM Eastern
Extended Trading
$10.82 +0.03 (+0.30%)
As of 07:56 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About MeiraGTx Stock (NASDAQ:MGTX)

Advanced

Key Stats

Today's Range
$10.66
▼
$11.00
50-Day Range
$10.66
▼
$14.97
52-Week Range
$6.62
▼
$15.35
Volume
820,035 shs
Average Volume
939,208 shs
Market Capitalization
$1.04 billion
P/E Ratio
15.20
Dividend Yield
N/A
Price Target
$24.71
Consensus Rating
Moderate Buy

Company Overview

MeiraGTx Holdings plc (NASDAQ:MGTX) is a clinical-stage biotechnology company developing gene therapy and ribonucleic acid (RNA) medicines for diseases with significant unmet medical needs. Its research focuses primarily on the central nervous system, immune-mediated conditions and disorders affecting salivary gland function.

The company’s technology platforms are designed to deliver therapeutic genes or regulate gene expression in targeted tissues. Its investigational programs have included gene therapies for Parkinson’s disease and radiation-induced xerostomia, a condition involving chronic dry mouth after cancer treatment. MeiraGTx has also pursued additional programs in neurological and other serious diseases, although its pipeline and development priorities may change as clinical studies progress.

Founded in 2015, MeiraGTx has built research, development and manufacturing capabilities in the United States and the United Kingdom. The company is led by Alexandra Forbes, who co-founded MeiraGTx and serves as president and chief executive officer.

AI Generated. May Contain Errors.

MeiraGTx Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
73rd Percentile Overall Score

MGTX MarketRank™: 

MeiraGTx scored higher than 73% of companies evaluated by MarketBeat, and ranked 161st out of 888 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MeiraGTx has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 1 strong buy rating, 5 buy ratings, 3 hold ratings, and no sell ratings.

  • Upside Potential

    MeiraGTx has a consensus price target of $24.71, representing about 129.0% upside from its current price of $10.79.

  • Amount of Analyst Coverage

    MeiraGTx has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about MeiraGTx's stock forecast and price target.
  • Earnings Growth

    Earnings for MeiraGTx are expected to decrease in the coming year, from $0.30 to ($2.01) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MeiraGTx is 15.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 42.25.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MeiraGTx is 15.20, which means that it is trading at a less expensive P/E ratio than the Healthcare sector average P/E ratio of about 214.49.

  • Read more about MeiraGTx's valuation and earnings.
  • Percentage of Shares Shorted

    4.51% of the float of MeiraGTx has been sold short.
  • Short Interest Ratio / Days to Cover

    MeiraGTx has a short interest ratio ("days to cover") of 6.08.
  • Change versus previous month

    Short interest in MeiraGTx has recently increased by 7.75%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    MeiraGTx does not currently pay a dividend.

  • Dividend Growth

    MeiraGTx does not have a long track record of dividend growth.

  • News Sentiment

    MeiraGTx has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for MeiraGTx this week, compared to 3 articles on an average week.
  • Search Interest

    Only 1 people have searched for MGTX on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added MeiraGTx to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MeiraGTx insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,969,233.00 in company stock.

  • Percentage Held by Insiders

    7.40% of the stock of MeiraGTx is held by insiders.

  • Percentage Held by Institutions

    67.48% of the stock of MeiraGTx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about MeiraGTx's insider trading history.
Receive MGTX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for MeiraGTx and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

MGTX Stock News Headlines

Financial Survey: aTyr Pharma (NASDAQ:ATYR) vs. MeiraGTx (NASDAQ:MGTX)
Your book attached
Bill Poulos is giving away his 'Safe Trade Options Formula' book for free - but only for a limited time through a temporary download link. He plans to charge for it soon. Download your copy now and lock it in at no cost, regardless of future pricing.tc pixel
Analyzing MeiraGTx (NASDAQ:MGTX) and GeoVax Labs (NASDAQ:GOVX)
MeiraGTx (NASDAQ:MGTX) Cut to "Hold" at Wall Street Zen
Goldman Sachs Initiates MeiraGTx at Neutral With $16 Price Target
See More Headlines

MGTX Stock Analysis - Frequently Asked Questions

MeiraGTx's stock was trading at $7.95 at the beginning of the year. Since then, MGTX shares have increased by 35.7% and is now trading at $10.79.

MeiraGTx Holdings PLC (NASDAQ:MGTX) issued its earnings results on Thursday, August, 13th. The company reported $1.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.46) by $2.17. The firm earned $321.43 million during the quarter, compared to analyst estimates of $0.70 million. MeiraGTx had a net margin of 19.87% and a trailing twelve-month return on equity of 283.85%.

MeiraGTx (MGTX) raised $75 million in an initial public offering (IPO) on Friday, June 8th 2018. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. BofA Merrill Lynch, Barclays and Evercore ISI acted as the underwriters for the IPO and Chardan was co-manager.

Shares of MGTX 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that MeiraGTx investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Moderna (MRNA).

Company Calendar

Last Earnings
8/13/2026
Today
10/02/2026
Next Earnings (Estimated)
11/12/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:MGTX
CIK
1735438
Fax
N/A
Employees
393
Year Founded
2015

Price Target and Rating

High Price Target
$35.00
Low Price Target
$16.00
Potential Upside/Downside
+129.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.71
Trailing P/E Ratio
15.20
Forward P/E Ratio
35.97
P/E Growth
N/A
Net Income
-$114.20 million
Net Margins
19.87%
Pretax Margin
20.45%
Return on Equity
283.85%
Return on Assets
29.39%

Debt

Debt-to-Equity Ratio
0.46
Current Ratio
3.76
Quick Ratio
3.76

Sales & Book Value

Annual Sales
$81.39 million
Price / Sales
12.73
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($0.07) per share
Price / Book
-154.14

Miscellaneous

Outstanding Shares
96,040,000
Free Float
88,936,000
Market Cap
$1.04 billion
Optionable
Optionable
Beta
1.35

Social Links

The Infrastructure's Backbone: 10 Stocks Powering the AI Buildout Cover

The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.

Get This Free Report

This page (NASDAQ:MGTX) was last updated on 10/2/2026 by MarketBeat.com Staff.
From Our Partners