NASDAQ:MYNA Mynaric - MYNA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Mynaric AG Please log in to your account or sign up in order to add this asset to your watchlist. $6.19 +0.40 (+6.91%) (As of 03/21/2023 12:00 AM ET) Add Compare Share Share Today's Range$5.71▼$6.1950-Day Range$4.02▼$6.6652-Week Range$3.37▼$12.11Volume2,369 shsAverage Volume6,162 shsMarket Capitalization$139.87 millionP/E RatioN/ADividend YieldN/APrice Target$12.00 ProfileAnalyst RatingsChartCompetitorsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Mynaric MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside94.0% Upside$12.00 Price TargetShort InterestHealthy0.05% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.48Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($3.07) to ($1.72) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.12 out of 5 starsComputer And Technology Sector356th out of 601 stocksCommunication Services, Not Elsewhere Classified Industry6th out of 10 stocks 3.3 Analyst's Opinion Consensus RatingMynaric has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.00, Mynaric has a forecasted upside of 94.0% from its current price of $6.19.Amount of Analyst CoverageMynaric has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.05% of the outstanding shares of Mynaric have been sold short.Short Interest Ratio / Days to CoverMynaric has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Mynaric has recently decreased by 18.25%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMynaric does not currently pay a dividend.Dividend GrowthMynaric does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MYNA. Previous Next 3.0 News and Social Media Coverage News SentimentMynaric has a news sentiment score of 0.48. 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 0.37 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Mynaric this week, compared to 2 articles on an average week.Search Interest2 people have searched for MYNA on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Mynaric to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mynaric insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 4.15% of the stock of Mynaric is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Mynaric are expected to grow in the coming year, from ($3.07) to ($1.72) per share.Price to Book Value per Share RatioMynaric has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Mynaric (NASDAQ:MYNA) StockMynaric AG engages in developing and manufacturing advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in Germany and internationally. The company offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight terminal for air-to-air and air-to-ground links of airborne vehicles. Its products provide connectivity solutions to link satellites, high-altitude platforms, unmanned aerial vehicles, aircraft, and the ground. The company was incorporated in 2009 and is headquartered in Gilching, Germany.Read More Receive MYNA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mynaric and its competitors with MarketBeat's FREE daily newsletter. Email Address MYNA Stock News HeadlinesMarch 20, 2023 | marketwatch.comOptical Satcom Terminals Market Is Booming Worldwide Forecast 2023-2028March 20, 2023 | marketwatch.comFree-Space Optical Communications Market Future Growth and Business Opportunities 2023-2029 | Updated ReportMarch 22, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 17, 2023 | marketwatch.comSatellite Laser Communication System Market Size and Forecast till 2028March 17, 2023 | marketwatch.com2023 Optical Satellite Communication Market Size, Growth | Global Industry Trends [2029]March 17, 2023 | marketwatch.comFree Space Optics Communication Technology Market Trends, Drivers And Opportunities Forcast 2029March 15, 2023 | marketwatch.comSpace Lasercom Terminals Market Size and Share Expanding worldwide by 2023-2028March 15, 2023 | marketwatch.comGlobal Optical Satcom Terminals Market Research Report [2023-2028] | Strategic Planning for Global Business ExpansionMarch 22, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 11, 2023 | marketwatch.comFree Space Optics Communication Technology Market Valuation Worldwide 2023-2029March 9, 2023 | finanznachrichten.deMynaric AG: Mynaric Selected by German Government for Multiple Projects to Develop Quantum Communication CapabilitiesMarch 9, 2023 | finance.yahoo.comMynaric Selected by German Government for Multiple Projects to Develop Quantum Communication CapabilitiesMarch 2, 2023 | marketwatch.comGlobal Optical Satcom Terminals Market International Competition and Emerging Business Opportunities to 2026February 28, 2023 | marketwatch.comOptical Communication Terminals (OCTs) Market is expected to witness Incredible Growth during 2023-2028February 24, 2023 | marketwatch.comLaser Communication Terminal Market Size Global Research Report, 2023 - 2028February 24, 2023 | marketwatch.comSatellite Laser Communication System Market Size Global Research Report, 2023 - 2028February 24, 2023 | marketwatch.comLaser Communications Terminals (LCTs) Market Booming With Rising Demands and Massive Opportunities, 2023 - 2028February 23, 2023 | marketwatch.comOptical Satcom Terminals Market 2023 Size, Share, Growth, Analysis, Trends and Forecast to 2028February 23, 2023 | marketwatch.comFree Space Optics Communication Technology Market Size Global Research Report, 2023 - 2028February 22, 2023 | marketwatch.comLaser Communication Equipment Market | Top Factors Responsible for the Rapid Growth in the Coming Years 2028February 20, 2023 | marketwatch.comSpace Laser Communication Equipment Market 2028 By Product Type, End User, Capacity and GeographyFebruary 18, 2023 | marketwatch.comSatellite Laser Communication System Market [360 Market Updates] Reports Development Expenditure and Financial Insights 2028February 18, 2023 | marketwatch.comSpace-based Laser Communication Market Global Growth Drivers by Types like Space-to-Space, Space-to-Ground Station]February 14, 2023 | marketwatch.comLaser Communication Terminal Market Insights-Industry changing aspects, New Technologies and Forecast to 2029February 10, 2023 | marketwatch.comSatellite Laser Communication System Market 2023 Will Touch New Level in Upcoming YearFebruary 8, 2023 | finanznachrichten.deMynaric AG: Mynaric Delivers CONDOR Mk2 Terminals to Telesat Government Solutions for DARPA's Blackjack ProgramFebruary 8, 2023 | marketwatch.comOptical Satcom Terminals Market 2023 Will Touch New Level in Upcoming YearSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MYNA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mynaric and its competitors with MarketBeat's FREE daily newsletter. Email Address MYNA Company Calendar Today3/22/2023Next Earnings (Estimated)5/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Communication services, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:MYNA CUSIPN/A CIK1850453 Webmynaric.com Phone49-8105-799-9106FaxN/AEmployees214Year FoundedN/APrice Target and Rating Average Stock Price Forecast$12.00 High Stock Price Forecast$20.00 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+94.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 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 Ratio0.13 Current Ratio1.37 Quick Ratio0.99 Sales & Book Value Annual Sales$1.03 million Price / Sales135.65 Cash FlowN/A Price / Cash FlowN/A Book Value$4.79 per share Price / Book1.29Miscellaneous Outstanding Shares22,609,000Free FloatN/AMarket Cap$139.86 million OptionableNot Optionable Beta1.69 Key ExecutivesMr. Emin Bulent Altan (Age 44)Chairman of the Management Board & CEO Comp: $523.13kMr. Joachim Horwath (Age 48)Founder, CTO & Member of Management Board Comp: $191.1kMr. Stefan Berndt-Von Bulow (Age 46)CFO & Member of Management Board Comp: $265.84kMr. Mustafa VezirogluPres & Member of Management BoardTino SchuldtChief Operating OfficerMr. Sven Meyer-BrunswickChief Corp. Devel. & Communications Program OfficerMs. Tina GhataoreChief Commercial OfficerDr. Stefan BindlHead of EngineeringLuis Martin-NavajasChief EngineerMore ExecutivesKey CompetitorsTelesatNASDAQ:TSATMICTNASDAQ:MICTPOET TechnologiesNASDAQ:POETO2Micro InternationalNASDAQ:OIIMCeragon NetworksNASDAQ:CRNTView All CompetitorsInstitutional OwnershipAtlas Capital Advisors LLCBought 10,000 shares on 2/15/2023Ownership: 0.044%Pinnacle Associates Ltd.Bought 12,625 shares on 2/1/2023Ownership: 0.056%Pinnacle Associates Ltd.Bought 12,625 shares on 1/25/2023Ownership: 0.056%ARK Investment Management LLCBought 110,854 shares on 1/24/2023Ownership: 2.904%View All Institutional Transactions MYNA Stock - Frequently Asked Questions Should I buy or sell Mynaric stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mynaric in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MYNA shares. View MYNA analyst ratings or view top-rated stocks. What is Mynaric's stock price forecast for 2023? 2 brokers have issued 1-year price targets for Mynaric's shares. Their MYNA share price forecasts range from $4.00 to $20.00. On average, they predict the company's stock price to reach $12.00 in the next year. This suggests a possible upside of 94.0% from the stock's current price. View analysts price targets for MYNA or view top-rated stocks among Wall Street analysts. How have MYNA shares performed in 2023? Mynaric's stock was trading at $4.2393 at the start of the year. Since then, MYNA stock has increased by 45.9% and is now trading at $6.1860. View the best growth stocks for 2023 here. Are investors shorting Mynaric? Mynaric saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 11,200 shares, a decrease of 18.2% from the February 13th total of 13,700 shares. Based on an average daily volume of 9,400 shares, the short-interest ratio is currently 1.2 days. View Mynaric's Short Interest. When is Mynaric's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023. View our MYNA earnings forecast. What ETF holds Mynaric's stock ? ARK Space Exploration & Innovation ETF holds 639,260 shares of MYNA stock, representing 1.52% of its portfolio. When did Mynaric IPO? (MYNA) raised $66 million in an initial public offering on Friday, November 12th 2021. The company issued 4,000,000 shares at $16.50 per share. Credit Suisse, Jefferies, Canaccord Genuity and Beech Hill Securities served as the underwriters for the IPO. What is Mynaric's stock symbol? Mynaric trades on the NASDAQ under the ticker symbol "MYNA." Who are Mynaric's major shareholders? Mynaric's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include ARK Investment Management LLC (2.90%), Pinnacle Associates Ltd. (0.06%), Pinnacle Associates Ltd. (0.06%) and Atlas Capital Advisors LLC (0.04%). How do I buy shares of Mynaric? Shares of MYNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Mynaric's stock price today? One share of MYNA stock can currently be purchased for approximately $6.19. How much money does Mynaric make? Mynaric (NASDAQ:MYNA) has a market capitalization of $139.86 million and generates $1.03 million in revenue each year. How many employees does Mynaric have? The company employs 214 workers across the globe. How can I contact Mynaric? The official website for the company is mynaric.com. The company can be reached via phone at 49-8105-799-9106 or via email at comms@mynaric.com. This page (NASDAQ:MYNA) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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