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MGNX Overview

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0.000(0.000%)Aft-market
ET
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ET
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Intellectia

Loading chart...

High
4.280
Open
4.140
VWAP
4.19
Vol
597.49K
Mkt Cap
264.42M
Low
4.130
Amount
2.50M
EV/EBITDA(TTM)
--
Total Shares
63.56M
EV
178.91M
EV/OCF(TTM)
--
P/S(TTM)
1.68
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)
2026-05-13
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
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.
seekingalpha
9.5
05-13seekingalpha
MacroGenics Q1 Earnings Beat Expectations with Revenue Growth
  • Earnings Performance: MacroGenics reported a Q1 GAAP EPS of -$0.58, missing estimates by $0.03, while revenue reached $20.78M, reflecting a 57.5% year-over-year increase and exceeding expectations by $5.54M, indicating strong growth potential in the market.
  • Cash Position: As of March 31, 2026, MacroGenics holds $154.2M in cash, cash equivalents, and marketable securities, and with projected future payments from partners, this ensures a stable cash runway for the company in the coming years.
  • Strategic Divestiture: The company plans to sell its manufacturing operations to Bora for $122.5M, and after accounting for related transaction fees, this move is expected to enhance financial flexibility, supporting future investments and operations.
  • Partnership Expansion: MacroGenics has expanded its ZYNYZ royalty agreement with Sagard, securing an upfront payment of $60M, which not only bolsters cash flow but also provides funding for further development in the oncology sector.
seekingalpha
8.5
05-12seekingalpha
MacroGenics Sells GMP Drug Manufacturing to Bora for $122.5 Million
  • Transaction Value: MacroGenics has agreed to sell its GMP drug manufacturing operations to Bora Pharmaceuticals for $122.5 million, providing non-dilutive capital to support the development of its cancer drug pipeline.
  • Employee Transition: The deal includes manufacturing facilities in Rockville and Frederick, Maryland, with approximately 140 employees expected to join Bora, thereby enhancing its North American biologics manufacturing capabilities.
  • Timeline for Closure: The transaction is expected to close in the third quarter of 2026, subject to customary conditions, allowing both parties ample time for integration and planning.
  • Strategic Implications: By divesting this segment, MacroGenics can focus resources on cancer drug development while optimizing its business structure and improving overall operational efficiency.
Newsfilter
8.5
05-11Newsfilter
MacroGenics Enters $122.5 Million Agreement with Bora Pharmaceuticals
  • Significant Transaction Value: MacroGenics has entered into an agreement with Bora Pharmaceuticals, which will provide an upfront payment of $122.5 million upon closing, aimed at accelerating MacroGenics' innovative drug pipeline to achieve key value inflection points in 2026.
  • Manufacturing Capability Transfer: The deal includes the transfer of MacroGenics' GMP drug manufacturing facility in Maryland and approximately 140 employees to Bora, enhancing Bora's operational capacity in the North American biopharmaceutical sector and improving its market competitiveness.
  • Strategic Integration: Bora plans to integrate this manufacturing site into its global CDMO operations, aiming to establish itself as the partner of choice for end-to-end clinical and commercial production in the biopharmaceutical industry, thereby driving its business growth.
  • Ongoing Collaborative Relationship: After the transaction closes, MacroGenics will maintain a supply agreement with Bora to support its internal pipeline development and production needs, ensuring a seamless transition and continued collaboration between the two companies.
seekingalpha
7.5
05-04seekingalpha
MacroGenics Expands Royalty Purchase Agreement with Sagard Healthcare Partners
  • Agreement Value: MacroGenics' expanded royalty purchase agreement with Sagard Healthcare Partners provides an upfront payment of $60 million and potential additional sales-based milestone payments of up to $20 million in 2026, enhancing the company's cash flow and financial flexibility.
  • Sales Rights Structure: The amended agreement grants Sagard a capped royalty interest in future global net sales of ZYNYZ, with expected returns of 1.7 times its investment by September 2032 and 2.0 times thereafter, offering MacroGenics long-term revenue potential.
  • Product Background: ZYNYZ, a PD-1 inhibitor, was originally developed by MacroGenics and licensed to Incyte Corporation under a global collaboration agreement, highlighting MacroGenics' ongoing innovation in the oncology sector.
  • Market Outlook: The agreement not only provides financial support to MacroGenics but also has the potential to accelerate the market introduction of ZYNYZ, further solidifying its position in the competitive oncology treatment market.
Newsfilter
7.5
05-04Newsfilter
MacroGenics Expands Royalty Agreement with Sagard for ZYNYZ
  • Expanded Royalty Agreement: MacroGenics has entered into an expanded royalty purchase agreement with Sagard, receiving a $60 million upfront payment and the potential for an additional $20 million sales-based milestone in 2026, thereby enhancing the company's liquidity and future growth potential.
  • Background on ZYNYZ: ZYNYZ (retifanlimab-dlwr) is a PD-1 inhibitor originally developed by MacroGenics and licensed to Incyte in 2017, indicating the company's ongoing innovation and competitive position in cancer treatment.
  • Retention of Economic Interests: Despite the royalty transfer to Sagard, MacroGenics retains other economic interests related to ZYNYZ, including future development, regulatory, and commercial milestones, which secures potential revenue growth for the company.
  • Investment Return Mechanism: Under the agreement, Sagard must achieve a 1.7x return on its investment by September 30, 2032, or a 2.0x return thereafter, ensuring MacroGenics' revenue rights revert back, thus enhancing its financial stability.
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 1.67. 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
1.67
Current PE
60.98
Overvalued PE
17.59
Undervalued PE
-14.25

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
-2.82
Current EV/EBITDA
-1.72
Overvalued EV/EBITDA
0.44
Undervalued EV/EBITDA
-6.08

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
3.83
Current PS
2.95
Overvalued PS
6.79
Undervalued PS
0.87

Financials

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Whales Holding MGNX

F
Frazier Life Sciences Management, LP
Holding
MGNX
+1.66%
3M Return

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Frequently Asked Questions

What is MacroGenics Inc (MGNX) stock price today?

The current price of MGNX is 4.16 USD — it has decreased -1.19

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 June 01 2026.

What is MacroGenics Inc (MGNX) market cap?

Today MGNX has the market capitalization of 264.42M USD.