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NASDAQ:MGTX

MeiraGTx (MGTX) Stock Price, News & Analysis

MeiraGTx logo
$13.97 -0.09 (-0.64%)
As of 09/3/2026 04:00 PM Eastern

About MeiraGTx Stock (NASDAQ:MGTX)

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Key Stats

Today's Range
$13.76
$14.15
50-Day Range
$11.62
$14.97
52-Week Range
$6.62
$15.35
Volume
824,112 shs
Average Volume
684,186 shs
Market Capitalization
$1.34 billion
P/E Ratio
19.68
Dividend Yield
N/A
Price Target
$26.17
Consensus Rating
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
83rd Percentile Overall Score

MGTX MarketRank™: 

MeiraGTx scored higher than 83% of companies evaluated by MarketBeat, and ranked 101st out of 913 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 Buy. The company's average rating score is 3.00, and is based on 2 strong buy ratings, 5 buy ratings, no hold ratings, and 1 sell rating.

  • Upside Potential

    MeiraGTx has a consensus price target of $26.17, representing about 87.3% upside from its current price of $13.97.

  • Amount of Analyst Coverage

    MeiraGTx has only been the subject of 4 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 $0.30 to ($2.01) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MeiraGTx is 19.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.90.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MeiraGTx is 19.68, which means that it is trading at a less expensive P/E ratio than the Healthcare sector average P/E ratio of about 273.28.

  • Price to Book Value per Share Ratio

    MeiraGTx has a P/B Ratio of 6.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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

    4.20% 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 8.07.
  • Change versus previous month

    Short interest in MeiraGTx has recently decreased by 4.08%, indicating that investor sentiment is improving.
  • 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 1.41. 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 higher news sentiment than the 0.78 average news sentiment score of Healthcare companies.
  • News Coverage This Week

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

    3 people have searched for MGTX on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added MeiraGTx to their MarketBeat watchlist in the last 30 days. This is an increase of 150% 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.
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MGTX Stock News Headlines

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MeiraGTx Swings to Q2 Profit, Revenue Rises
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MGTX Stock Analysis - Frequently Asked Questions

MeiraGTx's stock was trading at $7.95 on January 1st, 2026. Since then, MGTX stock has increased by 75.7% and is now trading at $13.97.

MeiraGTx Holdings PLC (NASDAQ:MGTX) announced its quarterly earnings data on Thursday, August, 13th. The company reported $1.71 earnings per share for the quarter, topping the consensus estimate of ($0.46) by $2.17. The firm had revenue of $321.43 million for the quarter, compared to analysts' expectations 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.

Top institutional investors of MeiraGTx include Johnson & Johnson (7.17%), BlackRock Inc. (5.14%), California State Teachers Retirement System (0.85%) and Jupiter Topco LLC (0.51%). 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
8/13/2026
Today
9/04/2026
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
300
Year Founded
2015

Price Target and Rating

High Price Target
$35.00
Low Price Target
$16.00
Potential Upside/Downside
+87.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.71
Trailing P/E Ratio
19.68
Forward P/E Ratio
46.57
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
16.48
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$2.25 per share
Price / Book
6.21

Miscellaneous

Outstanding Shares
96,040,000
Free Float
88,936,000
Market Cap
$1.34 billion
Optionable
Optionable
Beta
1.27

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This page (NASDAQ:MGTX) was last updated on 9/4/2026 by MarketBeat.com Staff.
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