S&P 500   4,002.87
DOW   32,560.60
QQQ   310.34
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The gold catalyst we’ve waited for (Ad)
DOW New Hghs Coming Sooner Than Later
On Holding AG Sprints Higher on Margin Expansion and Guidance
S&P 500   4,002.87
DOW   32,560.60
QQQ   310.34
Game-Changing News For Tesla Investors 
The gold catalyst we’ve waited for (Ad)
These 3 Stocks Are Ready To Rally Out Of Bullish Bases
Microsoft Is The New Safe Haven
The gold catalyst we’ve waited for (Ad)
These Are The Top 3 Large Caps For Yield And Dividend Growth 
A Guy Is Using ChatGPT to Turn $100 Into a Business Making as Much Money as Possible. Here Are the First 4 Steps the AI Chatbot Gave Him.
The gold catalyst we’ve waited for (Ad)
DOW New Hghs Coming Sooner Than Later
On Holding AG Sprints Higher on Margin Expansion and Guidance
S&P 500   4,002.87
DOW   32,560.60
QQQ   310.34
Game-Changing News For Tesla Investors 
The gold catalyst we’ve waited for (Ad)
These 3 Stocks Are Ready To Rally Out Of Bullish Bases
Microsoft Is The New Safe Haven
The gold catalyst we’ve waited for (Ad)
These Are The Top 3 Large Caps For Yield And Dividend Growth 
A Guy Is Using ChatGPT to Turn $100 Into a Business Making as Much Money as Possible. Here Are the First 4 Steps the AI Chatbot Gave Him.
The gold catalyst we’ve waited for (Ad)
DOW New Hghs Coming Sooner Than Later
On Holding AG Sprints Higher on Margin Expansion and Guidance
S&P 500   4,002.87
DOW   32,560.60
QQQ   310.34
Game-Changing News For Tesla Investors 
The gold catalyst we’ve waited for (Ad)
These 3 Stocks Are Ready To Rally Out Of Bullish Bases
Microsoft Is The New Safe Haven
The gold catalyst we’ve waited for (Ad)
These Are The Top 3 Large Caps For Yield And Dividend Growth 
A Guy Is Using ChatGPT to Turn $100 Into a Business Making as Much Money as Possible. Here Are the First 4 Steps the AI Chatbot Gave Him.
The gold catalyst we’ve waited for (Ad)
DOW New Hghs Coming Sooner Than Later
On Holding AG Sprints Higher on Margin Expansion and Guidance
NASDAQ:MYNA

Mynaric - MYNA Stock Forecast, Price & News

$6.19
+0.40 (+6.91%)
(As of 03/21/2023 12:00 AM ET)
Add
Compare
Today's Range
$5.71
▼
$6.19
50-Day Range
$4.02
▼
$6.66
52-Week Range
$3.37
▼
$12.11
Volume
2,369 shs
Average Volume
6,162 shs
Market Capitalization
$139.87 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.00

Mynaric MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
94.0% Upside
$12.00 Price Target
Short Interest
Healthy
0.05% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of Mynaric in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($3.07) to ($1.72) Per Share

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 stars

Computer And Technology Sector

356th out of 601 stocks

Communication Services, Not Elsewhere Classified Industry

6th out of 10 stocks

See Top Rated MarketRank™ Stocks Here

MYNA stock logo

About Mynaric (NASDAQ:MYNA) Stock

Mynaric 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.

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MYNA Stock News Headlines

March 20, 2023 | marketwatch.com
Optical Satcom Terminals Market Is Booming Worldwide Forecast 2023-2028
March 20, 2023 | marketwatch.com
Free-Space Optical Communications Market Future Growth and Business Opportunities 2023-2029 | Updated Report
March 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.com
Satellite Laser Communication System Market Size and Forecast till 2028
March 17, 2023 | marketwatch.com
2023 Optical Satellite Communication Market Size, Growth | Global Industry Trends [2029]
March 17, 2023 | marketwatch.com
Free Space Optics Communication Technology Market Trends, Drivers And Opportunities Forcast 2029
March 15, 2023 | marketwatch.com
Space Lasercom Terminals Market Size and Share Expanding worldwide by 2023-2028
March 15, 2023 | marketwatch.com
Global Optical Satcom Terminals Market Research Report [2023-2028] | Strategic Planning for Global Business Expansion
March 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.com
Free Space Optics Communication Technology Market Valuation Worldwide 2023-2029
March 9, 2023 | finanznachrichten.de
Mynaric AG: Mynaric Selected by German Government for Multiple Projects to Develop Quantum Communication Capabilities
March 9, 2023 | finance.yahoo.com
Mynaric Selected by German Government for Multiple Projects to Develop Quantum Communication Capabilities
March 2, 2023 | marketwatch.com
Global Optical Satcom Terminals Market International Competition and Emerging Business Opportunities to 2026
February 28, 2023 | marketwatch.com
Optical Communication Terminals (OCTs) Market is expected to witness Incredible Growth during 2023-2028
February 24, 2023 | marketwatch.com
Laser Communication Terminal Market Size Global Research Report, 2023 - 2028
February 24, 2023 | marketwatch.com
Satellite Laser Communication System Market Size Global Research Report, 2023 - 2028
February 24, 2023 | marketwatch.com
Laser Communications Terminals (LCTs) Market Booming With Rising Demands and Massive Opportunities, 2023 - 2028
February 23, 2023 | marketwatch.com
Optical Satcom Terminals Market 2023 Size, Share, Growth, Analysis, Trends and Forecast to 2028
February 23, 2023 | marketwatch.com
Free Space Optics Communication Technology Market Size Global Research Report, 2023 - 2028
February 22, 2023 | marketwatch.com
Laser Communication Equipment Market | Top Factors Responsible for the Rapid Growth in the Coming Years 2028
February 20, 2023 | marketwatch.com
Space Laser Communication Equipment Market 2028 By Product Type, End User, Capacity and Geography
February 18, 2023 | marketwatch.com
Satellite Laser Communication System Market [360 Market Updates] Reports Development Expenditure and Financial Insights 2028
February 18, 2023 | marketwatch.com
Space-based Laser Communication Market Global Growth Drivers by Types like Space-to-Space, Space-to-Ground Station]
February 14, 2023 | marketwatch.com
Laser Communication Terminal Market Insights-Industry changing aspects, New Technologies and Forecast to 2029
February 10, 2023 | marketwatch.com
Satellite Laser Communication System Market 2023 Will Touch New Level in Upcoming Year
February 8, 2023 | finanznachrichten.de
Mynaric AG: Mynaric Delivers CONDOR Mk2 Terminals to Telesat Government Solutions for DARPA's Blackjack Program
February 8, 2023 | marketwatch.com
Optical Satcom Terminals Market 2023 Will Touch New Level in Upcoming Year
See More Headlines
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MYNA Company Calendar

Today
3/22/2023
Next Earnings (Estimated)
5/05/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Communication services, not elsewhere classified
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:MYNA
CUSIP
N/A
CIK
1850453
Web
mynaric.com
Phone
49-8105-799-9106
Fax
N/A
Employees
214
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
0.13
Current Ratio
1.37
Quick Ratio
0.99

Sales & Book Value

Annual Sales
$1.03 million
Price / Sales
135.65
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$4.79 per share
Price / Book
1.29

Miscellaneous

Outstanding Shares
22,609,000
Free Float
N/A
Market Cap
$139.86 million
Optionable
Not Optionable
Beta
1.69

Key Executives

  • Mr. Emin Bulent Altan (Age 44)
    Chairman of the Management Board & CEO
    Comp: $523.13k
  • Mr. Joachim Horwath (Age 48)
    Founder, CTO & Member of Management Board
    Comp: $191.1k
  • Mr. Stefan Berndt-Von Bulow (Age 46)
    CFO & Member of Management Board
    Comp: $265.84k
  • Mr. Mustafa Veziroglu
    Pres & Member of Management Board
  • Tino Schuldt
    Chief Operating Officer
  • Mr. Sven Meyer-Brunswick
    Chief Corp. Devel. & Communications Program Officer
  • Ms. Tina Ghataore
    Chief Commercial Officer
  • Dr. Stefan Bindl
    Head of Engineering
  • Luis Martin-Navajas
    Chief Engineer

Key Competitors

View All Competitors

Institutional Ownership

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