NASDAQ:MGX Metagenomi (MGX) Stock Price, News & Analysis → Elon Musk’s Final Masterpiece: “X-9840” (From Paradigm Press) (Ad) Free MGX Stock Alerts $6.63 +0.08 (+1.22%) (As of 06/6/2024 ET) Add Compare Share Share Today's Range$6.57▼$6.7550-Day Range$6.17▼$10.8252-Week Range$5.50▼$12.74Volume15,212 shsAverage Volume145,214 shsMarket Capitalization$248.36 millionP/E RatioN/ADividend YieldN/APrice Target$17.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsTrends Get Metagenomi alerts: Email Address Ad Banyan Hill PublishingAI Hell Will Break Loose [June 30, 2024] …On June 30, 2024, AI will reach a critical tipping point… Whatever you do, make sure you prepare before June 30 at the very latest. Watch this now to find out why. About Metagenomi Stock (NASDAQ:MGX)Metagenomi, Inc., a genetic medicines company, develops therapeutics for patients using metagenomics-derived genome editing toolbox in the United States. The company's genome editing toolbox includes programmable nucleases, base editors, and RNA and DNA-mediated integration systems, such as prime editing systems and clustered regularly interspaced short palindromic repeat-associated transposases. It has a strategic collaboration and license agreement with ModernaTX, Inc. focusing on new genome editing system for in vivo human therapeutic applications; a development, option, and license agreement with Affini-T Therapeutics, Inc. to develop and commercialize gene edited T-cell receptor-based therapeutic products in the field of treatment, prevention, or diagnosis of human cancer; and a collaboration and license agreement with Ionis Pharmaceuticals, Inc. to research, develop, and commercialize investigational medicines using genome editing technologies. The company was incorporated in 2016 and is based in Emeryville, California.Read More MGX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGX Stock News HeadlinesMay 29, 2024 | finance.yahoo.comMetagenomi to Present at the 2024 Jefferies Global Healthcare ConferenceMay 29, 2024 | globenewswire.comMetagenomi to Present at the 2024 Jefferies Global Healthcare ConferenceMay 15, 2024 | msn.comMetagenomi reports Q1 resultsMay 15, 2024 | markets.businessinsider.comBuy Rating Affirmed for Metagenomi Amidst Strong Financials and Promising Gene Editing BreakthroughsMay 15, 2024 | investorplace.comMGX Stock Earnings: Metagenomi Misses EPS, Beats Revenue for Q1 2024May 14, 2024 | finance.yahoo.comMetagenomi, Inc. (MGX)May 14, 2024 | globenewswire.comMetagenomi Presents Data at Scientific Conferences and First Quarter 2024 Financial ResultsMay 8, 2024 | msn.comHC Wainwright & Co. Initiates Coverage of Metagenomi (MGX) with Buy RecommendationMay 4, 2024 | msn.comJ.P. Morgan downgrades Metagenomi over Moderna deal terminationMay 2, 2024 | markets.businessinsider.comAnalyst Maintains ‘Buy’ Rating on Metagenomi Amidst New Opportunities Post-Moderna Partnership TerminationMay 2, 2024 | investorplace.com3 Gene Editing Stocks with the Potential to Make You an Overnight MillionaireMay 1, 2024 | globenewswire.comMetagenomi to regain full development rights to its wholly-owned base editing and RIGS systemsApril 8, 2024 | globenewswire.comMetagenomi to Present at Upcoming Scientific MeetingsApril 3, 2024 | fool.comMetagenomi (NASDAQ: MGX)April 2, 2024 | morningstar.comMetagenomi Inc MGXMarch 29, 2024 | markets.businessinsider.comMetagenomi, Inc.: Strong Buy Rating on Robust Hemophilia Program and Strategic PartnershipsMarch 29, 2024 | markets.businessinsider.comMetagenomi, Inc.: Strong Buy Rating on Promising Pipeline and Solid Financial PositioningMarch 28, 2024 | finanznachrichten.deMetagenomi, Inc.: Metagenomi Reports Business Updates and Full Year 2023 Financial ResultsMarch 27, 2024 | msn.comMetagenomi reports FY resultsMarch 27, 2024 | globenewswire.comMetagenomi Reports Business Updates and Full Year 2023 Financial ResultsFebruary 29, 2024 | globenewswire.comMetagenomi to Participate in the 44th Annual Cowen Healthcare ConferenceFebruary 19, 2024 | fool.comThis Biotech IPO Stock Just Took a Tumble, But Don't Give Up on It YetFebruary 18, 2024 | 247wallst.comInsider Buying: Taking a Controlling Stake in a Struggling Retailer?February 13, 2024 | globenewswire.comMetagenomi Announces Closing of Initial Public OfferingFebruary 9, 2024 | reuters.comModerna, Bayer-backed Metagenomi stock drops 32% on Nasdaq debutSee More Headlines Receive MGX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Metagenomi and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/14/2024Today6/06/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:MGX Previous SymbolNASDAQ:MGX CUSIPN/A CIK1785279 Webwww.metagenomi.co Phone510-871-4880FaxN/AEmployees236Year FoundedN/APrice Target and Rating Average Stock Price Target$17.83 High Stock Price Target$25.00 Low Stock Price Target$6.00 Potential Upside/Downside+169.0%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio4.75 Quick Ratio4.75 Sales & Book Value Annual Sales$44.76 million Price / Sales5.55 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares37,460,000Free FloatN/AMarket Cap$248.36 million OptionableN/A BetaN/A These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesDr. Brian Charles Thomas Ph.D. (Age 55)Co-Founder, CEO & Chairman of the Board Comp: $859.34kDr. Jian Irish M.B.A. (Age 60)Ph.D., President, COO & Director Comp: $729.82kDr. Sarah B. Noonberg M.D. (Age 56)Ph.D., Chief Medical Officer Comp: $591.49kDr. Jak Knowles M.D.Co-Founder & Member of Scientific Advisory BoardMs. Pamela M. Wapnick M.B.A. (Age 58)Chief Financial Officer Dr. Luis G. Borges Ph.D. (Age 62)Chief Scientific Officer More ExecutivesKey CompetitorsRelay TherapeuticsNASDAQ:RLAYHumacyteNASDAQ:HUMAInhibrxNASDAQ:INBXPrime MedicineNYSE:PRMEProKidneyNASDAQ:PROKView All CompetitorsInsiders & InstitutionsFarallon Capital Management LLCBought 1,343,201 shares on 5/24/2024Ownership: 3.586%RA Capital Management L.P.Bought 1,744,415 shares on 5/17/2024Ownership: 4.657%Artal Group S.A.Bought 300,000 shares on 5/17/2024Ownership: 0.801%Hhlr Advisors LTD.Bought 777,768 shares on 5/15/2024Ownership: 2.076%Altitude Crest Partners Inc.Bought 133,333 shares on 5/15/2024Ownership: 0.356%View All Insider TransactionsView All Institutional Transactions MGX Stock Analysis - Frequently Asked Questions Should I buy or sell Metagenomi stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Metagenomi in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MGX shares. View MGX analyst ratings or view top-rated stocks. What is Metagenomi's stock price target for 2024? 7 equities research analysts have issued 1-year price objectives for Metagenomi's shares. Their MGX share price targets range from $6.00 to $25.00. On average, they predict the company's stock price to reach $17.83 in the next twelve months. This suggests a possible upside of 169.0% from the stock's current price. View analysts price targets for MGX or view top-rated stocks among Wall Street analysts. How have MGX shares performed in 2024? Metagenomi's stock was trading at $10.31 at the beginning of the year. Since then, MGX shares have decreased by 35.7% and is now trading at $6.63. View the best growth stocks for 2024 here. When is Metagenomi's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our MGX earnings forecast. How were Metagenomi's earnings last quarter? Metagenomi, Inc. (NASDAQ:MGX) announced its earnings results on Tuesday, May, 14th. The company reported ($1.19) earnings per share for the quarter, missing analysts' consensus estimates of ($0.95) by $0.24. The firm earned $11.16 million during the quarter, compared to the consensus estimate of $8.30 million. When did Metagenomi IPO? Metagenomi (MGX) raised $94 million in an initial public offering (IPO) on Friday, February 9th 2024. The company issued 6,250,000 shares at $15.00 per share. When does Metagenomi's lock-up period expire? Metagenomi's lock-up period expires on Wednesday, August 7th. Metagenomi had issued 6,250,000 shares in its IPO on February 9th. The total size of the offering was $93,750,000 based on an initial share price of $15.00. After the end of Metagenomi's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted. Who are Metagenomi's major shareholders? Metagenomi's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include RA Capital Management L.P. (4.66%), Farallon Capital Management LLC (3.59%), Hhlr Advisors LTD. (2.08%), Artal Group S.A. (0.80%), Vanguard Group Inc. (0.48%) and Altitude Crest Partners Inc. (0.36%). View institutional ownership trends. How do I buy shares of Metagenomi? 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. Compare Top Brokerages Here. 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