Metagenomi, Inc. (MGX)
NASDAQ: MGX · IEX Real-Time Price · USD
3.920
+0.040 (1.03%)
Jun 20, 2024, 1:59 PM EDT - Market open

Metagenomi Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Metagenomi stock have an average target of 17.83, with a low estimate of 6.00 and a high estimate of 25. The average target predicts an increase of 354.85% from the current stock price of 3.92.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $17.83 $22 $25
Change +53.06% +354.85% +461.22% +537.76%
* Price targets were last updated on May 15, 2024.

Analyst Ratings

The average analyst rating for Metagenomi stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Mar '24Apr '24May '24Jun '24
Strong Buy 2233
Buy 4433
Hold 0011
Sell 0000
Strong Sell 0000
Total 6677

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$10
Strong Buy Reiterates $10 +155.10% May 15, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$10
Strong Buy Initiates $10 +155.10% May 7, 2024
JP Morgan
JP Morgan
Hold
Downgrades
$16$6
Hold Downgrades $16$6 +53.06% May 2, 2024
Chardan Capital
Chardan Capital
Strong Buy
Maintains
$21
Strong Buy Maintains $21 +435.71% Mar 28, 2024
BMO Capital
BMO Capital
Buy
Initiates
$22
Buy Initiates $22 +461.22% Mar 5, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
39.66M
from 44.76M
Decreased by -11.40%
Revenue Next Year
26.62M
from 39.66M
Decreased by -32.88%
EPS This Year
-3.38
from -20.05
EPS Next Year
-3.45
from -3.38
Year 202120222023202420252026
Revenue
243.00K17.20M44.76M39.66M26.62M19.12M
Revenue Growth
-6,978.19%160.21%-11.40%-32.88%-28.19%
EPS
-6.58-12.82-20.05-3.38-3.45-3.10
EPS Growth
------
Forward PE
------
No. Analysts ---885
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 60.9M 46.2M 31.5M
Avg 39.7M 26.6M 19.1M
Low 29.4M 9.8M 9.8M

Revenue Growth

Revenue Growth 202420252026
High
36.1%
16.5%
18.3%
Avg
-11.4%
-32.9%
-28.2%
Low
-34.3%
-75.3%
-63.2%

EPS Forecast

EPS 202420252026
High -3.05 -2.75 -2.31
Avg -3.38 -3.45 -3.10
Low -3.90 -4.04 -3.44

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.