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NASDAQ:MGX

Metagenomi (MGX) Stock Price, News & Analysis

Metagenomi logo
$1.02 -0.09 (-7.69%)
Closing price 10/2/2026 04:00 PM Eastern
Extended Trading
$1.08 +0.06 (+6.27%)
As of 10/2/2026 08:00 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 Metagenomi Stock (NASDAQ:MGX)

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Key Stats

Today's Range
$1.02
▼
$1.10
50-Day Range
$1.02
▼
$1.24
52-Week Range
$1.02
▼
$3.95
Volume
121,801 shs
Average Volume
139,558 shs
Market Capitalization
$38.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00
Consensus Rating
Moderate Buy

Company Overview

Metagenomi, Inc. is a biotechnology company developing genetic medicines using genome-editing technologies discovered through metagenomic research. The company searches genetic material from diverse microorganisms to identify naturally occurring editing systems and combines these discoveries with machine-learning tools to develop potential therapies.

Its research platform is designed to support the development of genome-editing medicines for a range of diseases, including programs intended to make precise changes to DNA in human cells. Metagenomi’s product candidates and discovery efforts have focused on both in vivo and ex vivo applications, although the status and scope of individual programs may change as the company advances its research pipeline.

Founded in 2018, Metagenomi is headquartered in Emeryville, California, and has pursued collaborations and strategic relationships with larger life-sciences companies to support the development and potential commercialization of its technologies. The company was co-founded by Brian C. Thomas, Ph.D., who has served as its chief executive officer. Metagenomi began trading publicly on the Nasdaq under the symbol MGX in 2024.

AI Generated. May Contain Errors.

Metagenomi Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
69th Percentile Overall Score

MGX MarketRank™: 

Metagenomi scored higher than 69% of companies evaluated by MarketBeat, and ranked 219th 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

    Metagenomi 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, 2 buy ratings, no hold ratings, and 1 sell rating.

  • Upside Potential

    Metagenomi has a consensus price target of $6.00, representing about 488.2% upside from its current price of $1.02.

  • Amount of Analyst Coverage

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

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

    Earnings for Metagenomi are expected to grow in the coming year, from ($2.50) to ($1.76) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Metagenomi is -0.41, 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 Metagenomi is -0.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Metagenomi has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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

    4.33% of the float of Metagenomi has been sold short.
  • Short Interest Ratio / Days to Cover

    Metagenomi has a short interest ratio ("days to cover") of 7.31.
  • Change versus previous month

    Short interest in Metagenomi has recently decreased by 0.35%, indicating that investor sentiment is improving.
  • Dividend Yield

    Metagenomi does not currently pay a dividend.

  • Dividend Growth

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

  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Metagenomi this week, compared to 1 article on an average week.
  • Search Interest

    Only 4 people have searched for MGX on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
  • Net Insider Buying

    Over the last three months, insiders have purchased a net $23,400.00 in company stock, which represents 0.0607% of the company's market cap.

  • Insider Buying vs. Insider Selling

    In the past three months, Metagenomi insiders have bought more of their company's stock than they have sold. Specifically, they have bought $23,400.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    12.50% of the stock of Metagenomi is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Metagenomi has minimal institutional ownership at this time.

  • Read more about Metagenomi's insider trading history.
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MGX Stock News Headlines

Metagenomi (NASDAQ:MGX) Stock Price Down 7.7% - What's Next?
Louis Navellier: My #1 AI stock for 2026 (name & ticker inside)
Louis Navellier's Stock Grader system helped him flag Nvidia before its 82,000% run and has identified the top S&P 500 stock for 12 years running—and today, he's giving away his #1 AI stock pick for 2026, free. This company's sales are up 28% year over year, it holds over 30,000 patents in wireless and video technology, and it just earned an A-rating in his proprietary Stock Grader system that has cost him $9 million to build and maintain.tc pixel
Metagenomi updates hemophilia A gene editing program
Metagenomi Therapeutics Inc MGX
See More Headlines

MGX Stock Analysis - Frequently Asked Questions

Metagenomi's stock was trading at $1.62 at the beginning of the year. Since then, MGX stock has decreased by 37.0% and is now trading at $1.02.

Metagenomi, Inc. (NASDAQ:MGX) posted its earnings results on Monday, August, 10th. The company reported ($0.73) EPS for the quarter, missing the consensus estimate of ($0.55) by $0.18. The company had revenue of ($0.26) million for the quarter, compared to analysts' expectations of $3.01 million. Metagenomi had a negative trailing twelve-month return on equity of 63.65% and a negative net margin of 384.61%.

Metagenomi (MGX) raised $100 million in an initial public offering (IPO) on Friday, February 9th 2024. The company issued 6,250,000 shares at a price of $15.00-$17.00 per share.

Shares of MGX 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 Metagenomi investors own include Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

Last Earnings
8/10/2026
Today
10/03/2026
Next Earnings (Estimated)
11/10/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:MGX
Previous Symbol
NASDAQ:MGX
CIK
1785279
Fax
N/A
Employees
113
Year Founded
2018

Price Target and Rating

High Price Target
$7.00
Low Price Target
$5.00
Potential Upside/Downside
+488.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
($2.49)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$87.87 million
Net Margins
-384.61%
Pretax Margin
-690.60%
Return on Equity
-63.65%
Return on Assets
-44.52%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
4.50
Quick Ratio
4.50

Sales & Book Value

Annual Sales
$13.56 million
Price / Sales
2.84
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$4.22 per share
Price / Book
0.24

Miscellaneous

Outstanding Shares
37,777,000
Free Float
33,055,000
Market Cap
$38.53 million
Optionable
N/A
Beta
0.69

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This page (NASDAQ:MGX) was last updated on 10/3/2026 by MarketBeat.com Staff.
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