NASDAQ:MGX Metagenomi (MGX) Stock Price, News & Analysis → He called Apple at $1.49 and now he says: “Buy these 6 AI stocks.” (From InvestorPlace) (Ad) Free MGX Stock Alerts $7.00 0.00 (0.00%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$6.91▼$7.2350-Day Range$6.17▼$12.0052-Week Range$5.50▼$12.74Volume52,473 shsAverage Volume148,982 shsMarket Capitalization$262.22 millionP/E RatioN/ADividend YieldN/APrice Target$17.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsSocial Media Get Metagenomi alerts: Email Address Ad The Freeport SocietyPOTUS in ‘25 Not Biden/Trump, ButAnd I believe when they do take the oath of office, their fingers will be crossed… and America will descend into chaos.Click here now to see my urgent election warning. About Metagenomi Stock (NASDAQ: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 applications; 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. The company was incorporated in 2016 and is based in Emeryville, California.Read More MGX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGX Stock News HeadlinesMay 18 at 1:47 AM | americanbankingnews.comResearch Analysts Offer Predictions for Metagenomi, Inc.'s Q2 2024 Earnings (NASDAQ:MGX)May 15 at 7:55 PM | msn.comMetagenomi reports Q1 resultsMay 15 at 2:30 AM | markets.businessinsider.comBuy Rating Affirmed for Metagenomi Amidst Strong Financials and Promising Gene Editing BreakthroughsMay 15 at 12:06 AM | investorplace.comMGX Stock Earnings: Metagenomi Misses EPS, Beats Revenue for Q1 2024May 14, 2024 | finance.yahoo.comMetagenomi, Inc. (MGX)May 14, 2024 | globenewswire.comMetagenomi Presents Data at Scientific Conferences and First Quarter 2024 Financial ResultsMay 9, 2024 | americanbankingnews.comMetagenomi, Inc. Expected to Earn Q1 2024 Earnings of ($1.20) Per Share (NASDAQ:MGX)May 8, 2024 | msn.comHC Wainwright & Co. Initiates Coverage of Metagenomi (MGX) with Buy RecommendationMay 8, 2024 | americanbankingnews.comMetagenomi (NASDAQ:MGX) Now Covered by Analysts at HC WainwrightMay 4, 2024 | msn.comJ.P. Morgan downgrades Metagenomi over Moderna deal terminationMay 2, 2024 | markets.businessinsider.comAnalyst Maintains ‘Buy’ Rating on Metagenomi Amidst New Opportunities Post-Moderna Partnership TerminationMay 2, 2024 | investorplace.com3 Gene Editing Stocks with the Potential to Make You an Overnight MillionaireMay 1, 2024 | globenewswire.comMetagenomi to regain full development rights to its wholly-owned base editing and RIGS systemsApril 8, 2024 | globenewswire.comMetagenomi to Present at Upcoming Scientific MeetingsApril 3, 2024 | fool.comMetagenomi (NASDAQ: MGX)April 2, 2024 | morningstar.comMetagenomi Inc MGXMarch 29, 2024 | markets.businessinsider.comMetagenomi, Inc.: Strong Buy Rating on Robust Hemophilia Program and Strategic PartnershipsMarch 29, 2024 | markets.businessinsider.comMetagenomi, Inc.: Strong Buy Rating on Promising Pipeline and Solid Financial PositioningMarch 28, 2024 | finanznachrichten.deMetagenomi, Inc.: Metagenomi Reports Business Updates and Full Year 2023 Financial ResultsMarch 27, 2024 | msn.comMetagenomi reports FY resultsMarch 27, 2024 | globenewswire.comMetagenomi Reports Business Updates and Full Year 2023 Financial ResultsFebruary 29, 2024 | globenewswire.comMetagenomi to Participate in the 44th Annual Cowen Healthcare ConferenceFebruary 19, 2024 | fool.comThis Biotech IPO Stock Just Took a Tumble, But Don't Give Up on It YetFebruary 18, 2024 | 247wallst.comInsider Buying: Taking a Controlling Stake in a Struggling Retailer?February 13, 2024 | globenewswire.comMetagenomi Announces Closing of Initial Public OfferingSee More Headlines Receive MGX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Metagenomi and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today5/18/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:MGX Previous SymbolNASDAQ:MGX CUSIPN/A CIK1785279 Webwww.metagenomi.co Phone510-871-4880FaxN/AEmployees236Year FoundedN/APrice Target and Rating Average Stock Price Target$17.83 High Stock Price Target$25.00 Low Stock Price Target$6.00 Potential Upside/Downside+154.8%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 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 RatioN/A Current Ratio4.75 Quick Ratio4.04 Sales & Book Value Annual Sales$44.76 million Price / Sales5.86 Cash FlowN/A Price / Cash FlowN/A Book Value$7.36 per share Price / Book0.95Miscellaneous Outstanding Shares37,460,000Free FloatN/AMarket Cap$262.22 million OptionableN/A BetaN/A Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesDr. Brian Charles Thomas Ph.D. (Age 55)Co-Founder, CEO & Chairman of the Board Comp: $859.34kDr. Jian Irish M.B.A. (Age 60)Ph.D., President, COO & Director Comp: $729.82kDr. Sarah B. Noonberg M.D. (Age 56)Ph.D., Chief Medical Officer Comp: $591.49kDr. Jak Knowles M.D.Co-Founder & Member of Scientific Advisory BoardMs. Pamela M. Wapnick M.B.A. (Age 58)Chief Financial Officer Dr. Luis G. Borges Ph.D. (Age 62)Chief Scientific Officer More ExecutivesKey CompetitorsMonte Rosa TherapeuticsNASDAQ:GLUESutro BiopharmaNASDAQ:STROZura BioNASDAQ:ZURACoherus BioSciencesNASDAQ:CHRSInvivydNASDAQ:IVVDView All CompetitorsInsiders & InstitutionsRA Capital Management L.P.Bought 1,744,415 shares on 5/17/2024Ownership: 4.657%Artal Group S.A.Bought 300,000 shares on 5/17/2024Ownership: 0.801%Hhlr Advisors LTD.Bought 777,768 shares on 5/15/2024Ownership: 2.076%Altitude Crest Partners Inc.Bought 133,333 shares on 5/15/2024Ownership: 0.356%Resolute Advisors LLCBought 10,000 shares on 5/10/2024Ownership: 0.027%View All Insider TransactionsView All Institutional Transactions MGX Stock Analysis - Frequently Asked Questions Should I buy or sell Metagenomi stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Metagenomi in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MGX shares. View MGX analyst ratings or view top-rated stocks. What is Metagenomi's stock price target for 2024? 7 Wall Street analysts have issued 1 year price objectives for Metagenomi's stock. Their MGX share price targets range from $6.00 to $25.00. On average, they anticipate the company's share price to reach $17.83 in the next twelve months. This suggests a possible upside of 154.8% from the stock's current price. View analysts price targets for MGX or view top-rated stocks among Wall Street analysts. How have MGX shares performed in 2024? Metagenomi's stock was trading at $10.31 at the beginning of 2024. Since then, MGX stock has decreased by 32.1% and is now trading at $7.00. View the best growth stocks for 2024 here. When is Metagenomi's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our MGX earnings forecast. How were Metagenomi's earnings last quarter? Metagenomi, Inc. (NASDAQ:MGX) issued its quarterly earnings results on Tuesday, May, 14th. The company reported ($1.19) earnings per share for the quarter, missing analysts' consensus estimates of ($0.95) by $0.24. The company earned $11.16 million during the quarter, compared to analysts' expectations of $8.30 million. When did Metagenomi IPO? Metagenomi (MGX) raised $94 million in an initial public offering on Friday, February 9th 2024. The company issued 6,250,000 shares at $15.00 per share. When did Metagenomi's quiet period expire? Metagenomi's quiet period expired on Wednesday, March 20th. Metagenomi had issued 6,250,000 shares in its public offering on February 9th. The total size of the offering was $93,750,000 based on an initial share price of $15.00. During Metagenomi's quiet period, insiders and underwriters involved in the IPO were prevented from issuing any research reports for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company. Who are Metagenomi's major shareholders? Metagenomi's stock is owned by many different institutional and retail investors. Top institutional investors include RA Capital Management L.P. (4.66%), Hhlr Advisors LTD. (2.08%), Artal Group S.A. (0.80%), Vanguard Group Inc. (0.48%), Altitude Crest Partners Inc. (0.36%) and Resolute Advisors LLC (0.03%). View institutional ownership trends. How do I buy shares of Metagenomi? Shares of MGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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