Metagenomi, Inc. (MGX)
Market Cap | 236.83M |
Revenue (ttm) | 44.76M |
Net Income (ttm) | -68.26M |
Shares Out | 37.47M |
EPS (ttm) | -20.05 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 68,560 |
Open | 6.27 |
Previous Close | 6.17 |
Day's Range | 6.22 - 6.69 |
52-Week Range | 5.50 - 12.74 |
Beta | n/a |
Analysts | Strong Buy |
Price Target | 21.40 (+238.61%) |
Earnings Date | May 12, 2024 |
About 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 applic... [Read more]
Financial Performance
In 2023, Metagenomi's revenue was $44.76 million, an increase of 160.21% compared to the previous year's $17.20 million. Losses were -$68.26 million, 56.6% more than in 2022.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for MGX stock is "Strong Buy." The 12-month stock price forecast is $21.4, which is an increase of 238.61% from the latest price.
News
Metagenomi to regain full development rights to its wholly-owned base editing and RIGS systems
Enhances strategic flexibility and control of key gene editing technologies and programs Enhances strategic flexibility and control of key gene editing technologies and programs
Metagenomi to Present at Upcoming Scientific Meetings
- Oral Presentation at World Federation of Hemophilia (WFH) World Congress, April 23, 2024 - Two Posters at American Society of Gene & Cell Therapy (ASGCT) 2024 Annual Meeting, May 8 & 9, 2024 EM...
Metagenomi Reports Business Updates and Full Year 2023 Financial Results
Demonstrated nonhuman primate proof of concept in Hemophilia A program; progressing towards Development Candidate nomination by mid-year; 12-month nonhuman primate durability data in 2H 2024
Metagenomi to Participate in the 44th Annual Cowen Healthcare Conference
EMERYVILLE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Metagenomi, Inc. (Nasdaq: MGX), a precision genetic medicines company committed to developing curative therapeutics for patients ...
Metagenomi Announces Closing of Initial Public Offering
EMERYVILLE, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Metagenomi, Inc. (Nasdaq: MGX), a precision genetic medicines company committed to developing curative therapeutics for patients using its proprie...
Moderna, Bayer-backed Metagenomi stock drops 32% on Nasdaq debut
Shares of Metagenomi Technologies , a genetic medicines company backed by Bayer Healthcare and Moderna , slumped 32% in their Nasdaq debut on Friday.
Moderna-backed Metagenomi cuts US IPO valuation target to $563 mln
Genetic medicines company Metagenomi Technologies MGX.O said on Thursday it is aiming for a valuation of $563 million in its U.S. initial public offering (IPO), a number that is at the low end of its ...
Metagenomi Announces Pricing of Initial Public Offering
EMERYVILLE, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Metagenomi, Inc. (Nasdaq: MGX) (“Metagenomi”), a precision genetic medicines company committed to developing curative therapeutics for patients us...
Moderna, Bayer-backed startup Metagenomi files for US IPO
Metagenomi Technologies, a genetic medicines company backed by Bayer Healthcare and Moderna , filed for an initial public offering (IPO) in the United States on Friday.
Gene editing biotech Metagenomi files for a $100 million IPO
Metagenomi, a preclinical biotech developing therapies using metagenomics-derived genome editing, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
Metagenomi IPO Registration Document (S-1)
Metagenomi has filed to go public with an IPO on the NASDAQ.