MeiraGTx (MGTX) Stock Price, News & Analysis

Company Overview

MeiraGTx is a clinical-stage gene therapy company dedicated to discovering, developing and commercializing novel treatments for patients with severe inherited and acquired diseases. The company’s expertise spans vector design, novel gene therapy constructs and scalable manufacturing, with the goal of delivering durable, one-time treatments that address the underlying genetic causes of disease rather than merely managing symptoms.

The company’s pipeline includes programs in ophthalmology, targeting inherited retinal diseases such as retinitis pigmentosa and Leber congenital amaurosis, as well as regenerative medicine and neuroscience indications. In addition to its vision-focused candidates, MeiraGTx is advancing gene therapy approaches for chronic pain and gastrointestinal disorders. These programs leverage both adeno-associated virus (AAV) platforms and mRNA delivery technologies to achieve sustained therapeutic benefit.

Headquartered in London, U.K., and Cambridge, Massachusetts, MeiraGTx operates cGMP-compliant manufacturing facilities in both regions, supporting both early-stage research and late-stage clinical production. The company was founded in 2015 and began trading publicly on the NASDAQ stock exchange under the symbol MGTX in 2019. MeiraGTx collaborates with academic institutions and clinical centers around the world to conduct its trials and expand access to its investigational therapies.

Key Stats

• Today's Range: $8.42 to $8.75
• 50-Day Range: $4.64 to $8.89
• 52-Week Range: $3.85 to $8.98
• Volume: 223,055 shs
• Average Volume: 407,170 shs
• Market Capitalization: $696.72 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $24.00
• Consensus Rating: Buy

MeiraGTx Stock Analysis - MarketRank™

MeiraGTx scored higher than 85% of companies evaluated by MarketBeat, and ranked 160th out of 937 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

MeiraGTx has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

MeiraGTx has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for MeiraGTx are expected to grow in the coming year, from ($1.48) to $0.38 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MeiraGTx is -3.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of MeiraGTx is -3.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

MeiraGTx has a P/B Ratio of 9.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.02% of the float of MeiraGTx has been sold short.

Short Interest Ratio / Days to Cover

MeiraGTx has a short interest ratio ("days to cover") of 6.5.

Change versus previous month

Short interest in MeiraGTx has recently increased by 1.63%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MeiraGTx does not currently pay a dividend.

Dividend Growth

MeiraGTx does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.8 / 5
• Environmental Score: -0.54

Percentage of Shares Shorted

5.02% of the float of MeiraGTx has been sold short.

Short Interest Ratio / Days to Cover

MeiraGTx has a short interest ratio ("days to cover") of 6.5.

Change versus previous month

Short interest in MeiraGTx has recently increased by 1.63%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.85

News Sentiment

MeiraGTx has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.97 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for MeiraGTx this week, compared to 2 articles on an average week.

Search Interest

8 people have searched for MGTX on MarketBeat in the last 30 days. This is an increase of 700% compared to the previous 30 days.

MarketBeat Follows

2 people have added MeiraGTx to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, MeiraGTx insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $522,575.00 in company stock.

Percentage Held by Insiders

Only 7.50% of the stock of MeiraGTx is held by insiders.

Percentage Held by Institutions

67.48% of the stock of MeiraGTx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MGTX Stock Analysis - Frequently Asked Questions

How have MGTX shares performed this year?

MeiraGTx's stock was trading at $6.09 at the beginning of the year. Since then, MGTX stock has increased by 42.4% and is now trading at $8.67.

How were MeiraGTx's earnings last quarter?

MeiraGTx Holdings PLC (NASDAQ:MGTX) announced its earnings results on Tuesday, May, 13th. The company reported ($0.51) EPS for the quarter, missing the consensus estimate of ($0.38) by $0.13. The business had revenue of $1.93 million for the quarter, compared to analyst estimates of $4.44 million. MeiraGTx had a negative trailing twelve-month return on equity of 241.05% and a negative net margin of 484.90%.

When did MeiraGTx IPO?

MeiraGTx (MGTX) raised $75 million in an IPO on Friday, June 8th 2018. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. BofA Merrill Lynch, Barclays and Evercore ISI served as the underwriters for the IPO and Chardan was co-manager.

How do I buy shares of MeiraGTx?

Shares of MGTX 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.

What other stocks do shareholders of MeiraGTx own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MeiraGTx investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Moderna (MRNA).

Company Calendar

• Last Earnings: 5/13/2025
• Today: 7/16/2025
• Next Earnings (Estimated): 8/11/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: MED - BIOMED/GENE
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:MGTX
• CIK: 1735438
• Web: www.meiragtx.com
• Phone: (646) 860-7985
• Fax: N/A
• Employees: 300
• Year Founded: N/A

Price Target and Rating

• Average Price Target for MeiraGTx: $24.00
• High Price Target: $35.00
• Low Price Target: $13.00
• Potential Upside/Downside: +176.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.32)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$147.79 million
• Net Margins: -484.90%
• Pretax Margin: -484.90%
• Return on Equity: -241.05%
• Return on Assets: -62.93%

Debt

• Debt-to-Equity Ratio: 2.34
• Current Ratio: 1.53
• Quick Ratio: 1.51

Sales & Book Value

• Annual Sales: $33.28 million
• Price / Sales: 20.94
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.87 per share
• Price / Book: 9.97

Miscellaneous

• Outstanding Shares: 80,360,000
• Free Float: 74,338,000
• Market Cap: $696.72 million
• Optionable: Optionable
• Beta: 1.24