MacroGenics Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MacroGenics in the last twelve months. There are currently 1 sell rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MacroGenics stock.
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MacroGenics is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for MacroGenics.

MacroGenics, Inc. (NASDAQ:MGNX) posted its quarterly earnings data on Thursday, July, 29th. The biopharmaceutical company reported ($0.66) EPS for the quarter, missing analysts' consensus estimates of ($0.28) by $0.38. The biopharmaceutical company earned $30.76 million during the quarter, compared to analysts' expectations of $35.55 million. MacroGenics had a negative net margin of 109.07% and a negative trailing twelve-month return on equity of 41.16%.
View MacroGenics' earnings history.

MacroGenics' stock was trading at $6.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MGNX shares have increased by 284.7% and is now trading at $24.97.
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6 brokers have issued 12 month price objectives for MacroGenics' shares. Their forecasts range from $17.00 to $41.00. On average, they expect MacroGenics' stock price to reach $34.40 in the next twelve months. This suggests a possible upside of 37.8% from the stock's current price.
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12 employees have rated MacroGenics CEO Scott Koenig on Glassdoor.com. Scott Koenig has an approval rating of 89% among MacroGenics' employees.

Some companies that are related to MacroGenics include Sarepta Therapeutics (SRPT), I-Mab (IMAB), Ultragenyx Pharmaceutical (RARE), Ionis Pharmaceuticals (IONS), Blueprint Medicines (BPMC), Apellis Pharmaceuticals (APLS), Schrödinger (SDGR), Arvinas (ARVN), Reata Pharmaceuticals (RETA), Hypera (HYPMY), Alkermes (ALKS), Allakos (ALLK), Lyell Immunopharma (LYEL), Galapagos (GLPG) and Cassava Sciences (SAVA).
View all of MGNX's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other MacroGenics investors own include AbbVie (ABBV), Exelixis (EXEL), Gilead Sciences (GILD), NVIDIA (NVDA), Micron Technology (MU), Sangamo Therapeutics (SGMO), Sorrento Therapeutics (SRNE), Intra-Cellular Therapies (ITCI), TG Therapeutics (TGTX) and Bausch Health Companies (BHC).

MacroGenics trades on the NASDAQ under the ticker symbol "MGNX."

MacroGenics' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (2.75%), Pinnacle Associates Ltd. (0.70%), New York State Common Retirement Fund (0.12%), Russell Investments Group Ltd. (0.10%), Jackson Creek Investment Advisors LLC (0.07%) and Sanders Morris Harris LLC (0.03%). Company insiders that own MacroGenics stock include Eric Blasius Risser, Ezio Bonvini, James Karrels, Jeffrey Stuart Peters, Kenneth Galbraith, Target N V Biotech and Thomas Spitznagel.
View institutional ownership trends for MacroGenics.

MGNX stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Jackson Creek Investment Advisors LLC, Arizona State Retirement System, Sanders Morris Harris LLC, and New York State Common Retirement Fund. Company insiders that have sold MacroGenics company stock in the last year include Eric Blasius Risser, Ezio Bonvini, James Karrels, Jeffrey Stuart Peters, Kenneth Galbraith, and Thomas Spitznagel.
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MGNX stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Pinnacle Associates Ltd., and Handelsbanken Fonder AB.
View insider buying and selling activity for MacroGenics or or view top insider-buying stocks.

Shares of MGNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MGNX stock can currently be purchased for approximately $24.97.

MacroGenics has a market capitalization of $1.53 billion and generates $104.88 million in revenue each year. The biopharmaceutical company earns $-129,740,000.00 in net income (profit) each year or ($2.47) on an earnings per share basis.

MacroGenics employs 370 workers across the globe.

The official website for MacroGenics is www.macrogenics.com.

MacroGenics is headquartered at 9704 MEDICAL CENTER DRIVE, Rockville MD, 20850.

MacroGenics' mailing address is 9704 MEDICAL CENTER DRIVE, Rockville MD, 20850. The biopharmaceutical company can be reached via phone at (301) 251-5172.