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Metagenomi NasdaqGS:MGX Stock Report

Last Price

US$2.61

Market Cap

US$103.7m

7D

-16.6%

1Y

n/a

Updated

17 Jan, 2025

Data

Company Financials +

MGX Stock Overview

A genetic medicines company, develops therapeutics for patients using metagenomics-derived genome editing toolbox in the United States. More details

MGX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Metagenomi, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Metagenomi
Historical stock prices
Current Share PriceUS$2.61
52 Week HighUS$12.74
52 Week LowUS$1.61
Beta0
1 Month Change-16.08%
3 Month Change33.16%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-74.68%

Recent News & Updates

We Think Metagenomi (NASDAQ:MGX) Needs To Drive Business Growth Carefully

Jan 14
We Think Metagenomi (NASDAQ:MGX) Needs To Drive Business Growth Carefully

Metagenomi, Inc. (NASDAQ:MGX) Stock Catapults 106% Though Its Price And Business Still Lag The Industry

Dec 10
Metagenomi, Inc. (NASDAQ:MGX) Stock Catapults 106% Though Its Price And Business Still Lag The Industry

Recent updates

We Think Metagenomi (NASDAQ:MGX) Needs To Drive Business Growth Carefully

Jan 14
We Think Metagenomi (NASDAQ:MGX) Needs To Drive Business Growth Carefully

Metagenomi, Inc. (NASDAQ:MGX) Stock Catapults 106% Though Its Price And Business Still Lag The Industry

Dec 10
Metagenomi, Inc. (NASDAQ:MGX) Stock Catapults 106% Though Its Price And Business Still Lag The Industry

Shareholder Returns

MGXUS BiotechsUS Market
7D-16.6%-0.2%3.2%
1Yn/a-6.9%24.0%

Return vs Industry: Insufficient data to determine how MGX performed against the US Biotechs industry.

Return vs Market: Insufficient data to determine how MGX performed against the US Market.

Price Volatility

Is MGX's price volatile compared to industry and market?
MGX volatility
MGX Average Weekly Movement38.2%
Biotechs Industry Average Movement11.1%
Market Average Movement6.5%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.2%

Stable Share Price: MGX's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: MGX's weekly volatility has increased from 22% to 38% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016207Brian Thomaswww.metagenomi.co

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 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.

Metagenomi, Inc. Fundamentals Summary

How do Metagenomi's earnings and revenue compare to its market cap?
MGX fundamental statistics
Market capUS$103.66m
Earnings (TTM)-US$73.95m
Revenue (TTM)US$55.08m

1.8x

P/S Ratio

-1.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGX income statement (TTM)
RevenueUS$55.08m
Cost of RevenueUS$110.77m
Gross Profit-US$55.69m
Other ExpensesUS$18.26m
Earnings-US$73.95m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.98
Gross Margin-101.11%
Net Profit Margin-134.27%
Debt/Equity Ratio0%

How did MGX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/17 23:50
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Metagenomi, Inc. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Konstantinos BiliourisBMO Capital Markets Equity Research
Yevgeniya LivshitsChardan Capital Markets, LLC
Mitchell KapoorH.C. Wainwright & Co.