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NASDAQ:MGX

Metagenomi (MGX) Stock Price, News & Analysis

Metagenomi logo
$1.00 +0.01 (+0.68%)
Closing price 10/9/2026 04:00 PM Eastern
Extended Trading
$1.00 +0.00 (+0.10%)
As of 10/9/2026 07:37 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
$0.99
▼
$1.04
50-Day Range
$0.98
▼
$1.24
52-Week Range
$0.96
▼
$3.95
Volume
146,836 shs
Average Volume
142,733 shs
Market Capitalization
$37.78 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 focused on developing genetic medicines using gene-editing technologies. The company applies metagenomics, the study of genetic material recovered directly from environmental samples, to identify naturally occurring CRISPR and other genome-editing systems that may offer advantages over established tools.

Metagenomi is developing a pipeline of investigational therapies designed to address genetic diseases through in vivo and ex vivo gene editing. Its research activities include discovering and engineering novel editing systems, delivery methods and therapeutic approaches for potential use in human medicine. The company’s programs remain in development, and it does not have commercially marketed products.

Founded in 2018, Metagenomi is headquartered in Emeryville, California, and has pursued collaborations with pharmaceutical and biotechnology companies to advance its gene-editing platform. Brian C. Thomas, a co-founder of the company, serves as chief executive officer. Metagenomi began trading on the Nasdaq under the symbol MGX following its initial public offering in 2024.

AI Generated. May Contain Errors.

Metagenomi Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
77th Percentile Overall Score

MGX MarketRank™: 

Metagenomi scored higher than 77% of companies evaluated by MarketBeat, and ranked 292nd out of 883 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 500.0% upside from its current price of $1.00.

  • Amount of Analyst Coverage

    Metagenomi has only been the subject of 2 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 -0.40, 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 -0.40, 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

    3.85% 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 10.54, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Metagenomi has recently decreased by 11.09%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Metagenomi does not currently pay a dividend.

  • Dividend Growth

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

  • News Sentiment

    Metagenomi has a news sentiment score of 0.91. 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 0.66 average news sentiment score of Healthcare companies.
  • News Coverage This Week

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

    Only 2 people have searched for MGX on MarketBeat in the last 30 days. This is a decrease of -75% 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 0.0619% 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?
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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 2026. Since then, MGX shares have decreased by 38.3% and is now trading at $1.00.

Metagenomi, Inc. (NASDAQ:MGX) posted its quarterly earnings data on Monday, August, 10th. The company reported ($0.73) EPS for the quarter, missing analysts' consensus estimates of ($0.55) by $0.18. The business earned ($0.26) million during the quarter, compared to analyst estimates 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 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
10/10/2026
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
+500.0%
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
$25.21 million
Price / Sales
1.50
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$4.22 per share
Price / Book
0.24

Miscellaneous

Outstanding Shares
37,780,000
Free Float
33,055,000
Market Cap
$37.78 million
Optionable
N/A
Beta
0.69

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This page (NASDAQ:MGX) was last updated on 10/11/2026 by MarketBeat.com Staff.
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