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NASDAQ:MGTX

MeiraGTx (MGTX) Stock Price, News & Analysis

MeiraGTx logo
$11.75 -0.60 (-4.86%)
Closing price 04:00 PM Eastern
Extended Trading
$11.90 +0.15 (+1.31%)
As of 06:24 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
$11.46
$12.50
50-Day Range
$11.62
$14.97
52-Week Range
$6.62
$15.35
Volume
1.42 million shs
Average Volume
729,379 shs
Market Capitalization
$1.13 billion
P/E Ratio
16.55
Dividend Yield
N/A
Price Target
$26.17
Consensus Rating
Moderate Buy

Company Overview

MeiraGTx Holdings plc is a clinical-stage biotechnology company focused on developing gene therapies for serious diseases with limited treatment options. The company uses adeno-associated virus (AAV) vectors and other genetic medicine technologies to deliver therapeutic genes to targeted tissues, with an emphasis on disorders affecting the central nervous system, the eye and other organs.

MeiraGTx’s pipeline has included botaretigene sparoparvovec, an investigational AAV-based gene therapy for X-linked retinitis pigmentosa caused by mutations in the RPGR gene. The company has also pursued gene therapy programs for neurological and neurodegenerative conditions, including Parkinson’s disease, as well as additional rare and potentially serious diseases. Its research platform includes technologies designed to regulate gene expression, which may help control the timing and amount of therapeutic proteins produced after treatment.

Founded in 2015, MeiraGTx operates internationally, with activities in the United States and the United Kingdom. The company has established research, development and manufacturing capabilities to support its gene therapy programs and has entered into collaborations with larger pharmaceutical companies, including Johnson & Johnson. Alexandria Forbes is a co-founder and has served as the company’s president and chief executive officer.

AI Generated. May Contain Errors.

MeiraGTx Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
79th Percentile Overall Score

MGTX MarketRank™: 

MeiraGTx scored higher than 79% of companies evaluated by MarketBeat, and ranked 113th out of 897 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 2.88, and is based on 1 strong buy rating, 5 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside Potential

    MeiraGTx has a consensus price target of $26.17, representing about 122.7% upside from its current price of $11.75.

  • 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 16.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.02.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MeiraGTx is 16.55, which means that it is trading at a less expensive P/E ratio than the Healthcare sector average P/E ratio of about 274.58.

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

    4.19% 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 4.68.
  • Change versus previous month

    Short interest in MeiraGTx has recently decreased by 0.41%, 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 0.75. 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 0.50 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

    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

    4 people have added MeiraGTx to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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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Alexander Green bought Apple in 1996, recommended Nvidia at a split-adjusted 66 cents in 2004, and picked up Amazon and Netflix under $3 per share in 2005. Now the chief investment strategist at The Oxford Club has identified three AI stocks he believes could be the most profitable investments of the next decade.tc pixel
MeiraGTx Holdings PLC MGTX
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 shares have increased by 47.8% and is now trading at $11.75.

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

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 acted as the underwriters for the IPO and Chardan was co-manager.

MeiraGTx's top institutional shareholders include Johnson & Johnson (7.17%), BlackRock Inc. (5.14%), Opaleye Management Inc. (3.70%) 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
9/23/2026
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
+122.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.71
Trailing P/E Ratio
16.55
Forward P/E Ratio
39.17
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
13.86
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($0.07) per share
Price / Book
-167.86

Miscellaneous

Outstanding Shares
96,040,000
Free Float
88,936,000
Market Cap
$1.13 billion
Optionable
Optionable
Beta
1.27

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This page (NASDAQ:MGTX) was last updated on 9/23/2026 by MarketBeat.com Staff.
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