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MGNX Overview

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0.000(0.000%)Aft-market
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ET
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Intellectia

Loading chart...

High
4.780
Open
4.600
VWAP
4.64
Vol
941.31K
Mkt Cap
301.92M
Low
4.390
Amount
4.37M
EV/EBITDA(TTM)
--
Total Shares
63.56M
EV
204.97M
EV/OCF(TTM)
--
P/S(TTM)
1.84
MacroGenics, Inc. is a biopharmaceutical company focused on discovering, developing, manufacturing and commercializing monoclonal antibody-based therapeutics for the treatment of cancer. The Company generates its pipeline of product candidates primarily from its suite of antibody-based technology platforms, which have applicability across broad therapeutic domains. It is advancing three proprietary product candidates in clinical development: lorigerlimab, a bispecific DART molecule that targets checkpoint inhibitors PD-1 and CTLA-4; MGC026, an ADC that targets B7-H3 and delivers a novel topoisomerase I inhibitor (TOP1i)-based linker-payload, and MGC028, an ADC that targets ADAM9 and delivers a novel TOP1i-based linker-payload. Its other product candidates are MGD024, retifanlimab, enoblituzumab, and vobramitamab duocarmazine. MGD024 is an investigational, next-generation, bispecific CD123 CD3 DART molecule designed to engage CD3 expressed on immune effector cells, such as T cells.
Show More

Events Timeline

(ET)
2026-06-22
17:00:00
MacroGenics Receives $24.5M Milestone Payment from Sanofi
select
2026-05-13 (ET)
2026-05-13
16:30:00
MacroGenics Reports Q1 Revenue of $20.78M, Beating Consensus
select
2026-05-11 (ET)
2026-05-11
17:30:00
MacroGenics Sells GMP Drug Operations to Bora for $122.5M
select
2026-05-11
16:30:00
MacroGenics Trading Halted, News Pending
select
2026-05-04 (ET)
2026-05-04
07:50:00
MacroGenics Expands Royalty Purchase Agreement with Sagard
select
2026-04-08 (ET)
2026-04-08
16:40:00
MacroGenics LINNET Study Partially Lifted by FDA
select

News

Yahoo Finance
5.0
07-05Yahoo Finance
Sanofi Appoints New Head of R&D Amid Dividend Stock Recognition
  • Executive Appointment: On June 22, Sanofi announced the appointment of Paulo Fontoura as Global Head of R&D, effective September 1, aiming to enhance the company's research capabilities and drive innovation in drug development.
  • R&D Transformation: Fontoura will oversee Sanofi's innovation engine, covering research, clinical development, and regulatory affairs, which is expected to accelerate the market entry of new drugs, thereby enhancing the company's competitiveness in the biopharmaceutical sector.
  • Milestone Payment: Sanofi confirmed a $24.5 million regulatory milestone payment to MacroGenics, stemming from the FDA's accelerated approval of TZIELD, indicating positive progress in the company's drug development efforts.
  • Investment Outlook: While Sanofi is recognized as a strong dividend stock, analysts suggest that certain AI stocks may offer greater upside potential, prompting investors to carefully evaluate market opportunities.
Newsfilter
8.5
07-02Newsfilter
MacroGenics Sells GMP Manufacturing Operations to Bora Pharmaceuticals
  • Transaction Value: Bora Pharmaceuticals acquired MacroGenics' GMP drug manufacturing operations for $122.5 million, providing MacroGenics with significant cash flow post-transaction fees, thereby enhancing its financial flexibility.
  • Employee Transition: Approximately 140 former MacroGenics employees have been hired by Bora, ensuring continuity in manufacturing operations while bringing experienced talent to Bora, which enhances its production capabilities.
  • Supply Agreement: MacroGenics has entered into a supply agreement with Bora, under which Bora will support process development and drug substance production for MacroGenics' internal pipeline, facilitating faster drug development processes.
  • Strategic Focus Shift: This transaction allows MacroGenics to concentrate on its core antibody therapeutic research and development, which is expected to enhance its market competitiveness and innovation capacity in cancer treatment.
NASDAQ.COM
9.5
06-23NASDAQ.COM
MacroGenics Receives $24.5 Million Milestone Payment
  • FDA Accelerated Approval: MacroGenics' TZIELD (teplizumab-mzwv) received FDA accelerated approval for children aged 8 to 17 with recently diagnosed stage 3 type 1 diabetes, based on PROTECT Phase 3 study data demonstrating a slowed decline in endogenous insulin production, marking a significant advancement for the company in the biopharmaceutical sector.
  • Milestone Payment: The FDA approval triggered a $24.5 million regulatory milestone payment under the agreement with Sanofi, which not only enhances MacroGenics' cash flow but also provides funding for future R&D, further solidifying its market position in diabetes treatment.
  • Future Revenue Potential: MacroGenics is eligible for up to $305 million in additional milestone payments and retains single-digit royalties on global sales, which will provide robust support for the company's future revenue growth, especially as it expands in the diabetes treatment market.
  • Stock Performance: MGNX's stock has traded between $1.18 and $4.64 over the past year, closing at $4.58 on Monday with a 10.90% increase, and further rising 1.97% in pre-market trading, reflecting optimistic market sentiment regarding the company's prospects.
seekingalpha
7.5
06-22seekingalpha
Sanofi Pays MacroGenics $24.5M Milestone for Tzield Approval
  • Milestone Payment: Sanofi's $24.5 million payment to MacroGenics supports the approval of Tzield (teplizumab) for delaying endogenous insulin decline in children aged 8-17, reflecting confidence in the new therapy's market potential.
  • Future Revenue Potential: MacroGenics can receive up to $305 million in additional milestone payments and a potential single-digit royalty on global sales above a certain annual threshold, significantly enhancing its financial stability and competitive position.
  • Financial Performance: MacroGenics reported a GAAP EPS of -$0.58, missing expectations by $0.03, while its revenue of $20.78 million exceeded forecasts by $5.54 million, indicating potential for revenue growth.
  • Manufacturing Sale: MacroGenics plans to sell its manufacturing operations to Bora for $122.5 million, a strategic move aimed at optimizing resource allocation and focusing on core business, which could positively impact future profitability.
Newsfilter
9.0
06-22Newsfilter
MacroGenics Receives $24.5 Million Milestone Payment from Sanofi
  • FDA Accelerated Approval: MacroGenics announced that its antibody drug TZIELD received FDA accelerated approval to delay the decline of endogenous insulin production in children aged 8 to 17 recently diagnosed with stage 3 type 1 diabetes, significantly expanding TZIELD's potential as a disease-modifying therapy.
  • Milestone Payment: Under the agreement with Sanofi, the FDA approval triggered a $24.5 million regulatory milestone payment, and MacroGenics remains eligible for up to $305 million in additional milestone payments, which will provide crucial funding support for the company's R&D efforts.
  • Global Market Expansion: TZIELD has not only been approved in the U.S. but also in several countries including the UK, EU, and China, demonstrating its broad applicability and commercial potential in the global market, thereby enhancing MacroGenics' competitive position.
  • Strategic Collaboration Outlook: The partnership with Sanofi will provide strong support for future product development and market promotion, expected to drive continued growth and innovation for the company in the biopharmaceutical sector.
Yahoo Finance
8.5
05-28Yahoo Finance
VERAXA Biotech Secures $27.5 Million Financing Agreement
  • Financing Agreement Secured: VERAXA Biotech AG has entered into a securities purchase agreement with an institutional investor for $27.5 million, in addition to a $50 million share purchase agreement with Lincoln Park Capital Fund, significantly enhancing the company's liquidity.
  • NASDAQ Listing Application: The company has applied for a NASDAQ listing under the ticker symbol “VRXA” through a merger with Voyager Acquisition Corp., aiming to accelerate the advancement of its cancer therapies pipeline, reflecting confidence in future growth prospects.
  • Management Statement: CFO Torsten Bürgermeister stated that securing these financings marks a significant step in the ongoing business combination with Voyager Acquisition Corp., indicating a disciplined and flexible approach to capital management.
  • Investor Support Acknowledged: The company expressed gratitude for the financial support from investors, emphasizing the importance of maintaining prudent financial management during ongoing capital acquisition efforts to ensure long-term growth and market competitiveness.
Wall Street analysts forecast MGNX stock price to rise
4 Analyst Rating
Wall Street analysts forecast MGNX stock price to rise
1 Buy
3 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
2.00
Averages
3.00
High
4.00
Current: 0.000
sliders
Low
2.00
Averages
3.00
High
4.00
Barclays
NULL -> Overweight
maintain
$4 -> $6
AI Analysis
2026-04-20
Reason
Barclays
Price Target
$4 -> $6
AI Analysis
2026-04-20
maintain
NULL -> Overweight
Reason
Barclays raised the firm's price target on MacroGenics to $6 from $4 and keeps an Overweight rating on the shares. The firm adjusted ratings and targets in the small and mid cap biotechnology group as part of a Q1 earnings preview.
B. Riley
Neutral
to
Buy
upgrade
$9
2026-04-10
Reason
B. Riley
Price Target
$9
2026-04-10
upgrade
Neutral
to
Buy
Reason
B. Riley upgraded MacroGenics to Buy from Neutral with a $9 price target.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MGNX
Unlock Now

Valuation Metrics

The current forward P/E ratio for MacroGenics Inc (MGNX.O) is 60.98, compared to its 5-year average forward P/E of 3.17. For a more detailed relative valuation and DCF analysis to assess MacroGenics Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
3.17
Current PE
60.98
Overvalued PE
21.09
Undervalued PE
-14.76

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-2.63
Current EV/EBITDA
-1.80
Overvalued EV/EBITDA
0.40
Undervalued EV/EBITDA
-5.66

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.67
Current PS
3.08
Overvalued PS
6.45
Undervalued PS
0.89

Financials

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Whales Holding MGNX

F
Frazier Life Sciences Management, LP
Holding
MGNX
+22.16%
3M Return

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Frequently Asked Questions

What is MacroGenics Inc (MGNX) stock price today?

The current price of MGNX is 4.75 USD — it has increased 3.94

What is MacroGenics Inc (MGNX)'s business?

MacroGenics, Inc. is a biopharmaceutical company focused on discovering, developing, manufacturing and commercializing monoclonal antibody-based therapeutics for the treatment of cancer. The Company generates its pipeline of product candidates primarily from its suite of antibody-based technology platforms, which have applicability across broad therapeutic domains. It is advancing three proprietary product candidates in clinical development: lorigerlimab, a bispecific DART molecule that targets checkpoint inhibitors PD-1 and CTLA-4; MGC026, an ADC that targets B7-H3 and delivers a novel topoisomerase I inhibitor (TOP1i)-based linker-payload, and MGC028, an ADC that targets ADAM9 and delivers a novel TOP1i-based linker-payload. Its other product candidates are MGD024, retifanlimab, enoblituzumab, and vobramitamab duocarmazine. MGD024 is an investigational, next-generation, bispecific CD123 CD3 DART molecule designed to engage CD3 expressed on immune effector cells, such as T cells.

What is the price predicton of MGNX Stock?

Wall Street analysts forecast MGNX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MGNX is3.00 USD with a low forecast of 2.00 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is MacroGenics Inc (MGNX)'s revenue for the last quarter?

MacroGenics Inc revenue for the last quarter amounts to 20.77M USD, increased 57.48

What is MacroGenics Inc (MGNX)'s earnings per share (EPS) for the last quarter?

MacroGenics Inc. EPS for the last quarter amounts to -0.58 USD, decreased -10.77

How many employees does MacroGenics Inc (MGNX). have?

MacroGenics Inc (MGNX) has 293 emplpoyees as of July 08 2026.

What is MacroGenics Inc (MGNX) market cap?

Today MGNX has the market capitalization of 301.92M USD.