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NASDAQ:MGTX

MeiraGTx (MGTX) Stock Price, News & Analysis

MeiraGTx logo
$11.88 +0.09 (+0.76%)
Closing price 04:00 PM Eastern
Extended Trading
$11.88 0.00 (0.00%)
As of 04:20 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)

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Key Stats

Today's Range
$11.28
$11.96
50-Day Range
$9.00
$14.66
52-Week Range
$6.62
$15.35
Volume
489,490 shs
Average Volume
736,217 shs
Market Capitalization
$1.10 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$26.00
Consensus Rating
Moderate Buy

Company Overview

MeiraGTx Holdings plc is a clinical-stage biotechnology company dedicated to developing gene therapies for the treatment of rare diseases. Founded in 2014 as an outgrowth of research at University College London, the company focuses on leveraging adeno-associated virus (AAV) vectors to deliver functional genes to target tissues. MeiraGTx’s pipeline spans ocular, central nervous system and systemic indications, addressing conditions such as inherited retinal dystrophies and neurodegenerative disorders that currently lack effective therapies.

The company’s lead programs include AAV-based candidates designed to restore or replace defective genes underlying rare retinal diseases and to modulate cellular pathways in neurological disorders. MeiraGTx has established an end-to-end platform encompassing vector design, process development, and manufacturing scale-up, with capabilities housed in facilities across the United Kingdom and the United States. This integrated approach aims to accelerate the transition from preclinical research to clinical trials and, ultimately, patient access.

MeiraGTx completed its initial public offering on the Nasdaq in April 2018 and operates research laboratories in London alongside a manufacturing and clinical operations center in the New York metropolitan area. The company’s leadership team comprises industry veterans with extensive experience in gene therapy development, regulatory affairs and commercialization. MeiraGTx continues to advance its clinical programs in collaboration with academic institutions and contract research organizations, targeting global patient populations in need of novel therapeutic options.

AI Generated. May Contain Errors.

MeiraGTx Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
72nd Percentile Overall Score

MGTX MarketRank™: 

MeiraGTx scored higher than 72% of companies evaluated by MarketBeat, and ranked 188th out of 893 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 2.75, and is based on 1 strong buy rating, 5 buy ratings, 1 hold rating, and 1 sell rating.

  • Upside Potential

    MeiraGTx has a consensus price target of $26.00, representing about 118.9% upside from its current price of $11.88.

  • Amount of Analyst Coverage

    MeiraGTx has only been the subject of 3 research reports in the past 90 days.

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

    Earnings for MeiraGTx are expected to decrease in the coming year, from ($1.53) to ($1.64) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MeiraGTx is -8.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MeiraGTx is -8.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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

    4.92% 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 3.66, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MeiraGTx has recently decreased by 10.63%, indicating that investor sentiment is improving 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 0.68. 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 5 news articles for MeiraGTx this week, compared to 2 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 -67% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added MeiraGTx to their MarketBeat watchlist in the last 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 $1,678,453.00 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.
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MGTX Stock News Headlines

Some Potential Merit Within MeiraGTx Holdings
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MeiraGTx (NASDAQ:MGTX) Insider Sells 27,659 Shares
See More Headlines

MGTX Stock Analysis - Frequently Asked Questions

MeiraGTx's stock was trading at $7.95 at the start of the year. Since then, MGTX stock has increased by 49.4% and is now trading at $11.88.

MeiraGTx Holdings PLC (NASDAQ:MGTX) released its quarterly earnings results on Thursday, May, 14th. The company reported ($0.57) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.61) by $0.04. The company earned $0.29 million during the quarter, compared to analyst estimates of $17 million.

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

MeiraGTx's top institutional shareholders include Hennion & Walsh Asset Management Inc. (0.46%). Insiders that own company stock include Perceptive Advisors Llc, Alexandria Forbes, Richard Giroux and Stuart Naylor.
View institutional ownership trends
.

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
5/14/2026
Today
8/03/2026
Next Earnings (Estimated)
8/13/2026
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
300
Year Founded
2015

Price Target and Rating

High Price Target
$35.00
Low Price Target
$16.00
Potential Upside/Downside
+118.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.48)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$114.20 million
Net Margins
-151.12%
Pretax Margin
-151.12%
Return on Equity
N/A
Return on Assets
-54.96%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.55
Quick Ratio
0.55

Sales & Book Value

Annual Sales
$81.39 million
Price / Sales
13.52
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($0.07) per share
Price / Book
-169.71

Miscellaneous

Outstanding Shares
92,610,000
Free Float
85,757,000
Market Cap
$1.10 billion
Optionable
Optionable
Beta
1.23

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This page (NASDAQ:MGTX) was last updated on 8/3/2026 by MarketBeat.com Staff.
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