Metagenomi Therapeutics, Inc. (MGX) Stock Price & Analysis

Metagenomi Therapeutics, Inc. (MGX) closed at USD 0.85 on Thursday, October 15, 2026, down 1.86% on the day. The US market is currently closed; this is not a live price.

The prior close was USD 0.86; the Oct 15, 2026 session ranged USD 0.84–0.88 on volume of 291,419 shares. Market capitalization is $31.93M, with a 52-week range of USD 0.84–3.4 (NMS). Source: Nexqual, retrieved October 16, 2026 at 05:20 UTC.

Also available as compact Markdown for AI agents: nexqual.com/MGX.md

Key facts (MGX)

Analysts (MGX)

Consensus Buy (mean 2.20 on a 1–5 scale), 5 analysts; mean target USD 7 (low 5, high 9).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-08-11Wells FargoTarget loweredOverweight$9 → $7
2026-07-07Chardan CapitalTarget loweredBuy$7 → $5

Total return (dividends reinvested) (MGX)

1Y (from 2025-10-16)5Y (from 2024-02-05)
Total return-74.6%-91.8%
S&P 500 (SPY)+18.1%+85.1%
Per year-74.7%-60.5%
Volatility (annualized)57.6%80.6%
Max drawdown-74.8% (Oct 2025→Oct 2026)-93.1% (Feb 2024→Oct 2026)

Key Statistics (as of October 16, 2026 at 05:20 UTC)

PriceUSD 0.85
Change▼ 1.86% (down)
Previous CloseUSD 0.86
OpenUSD 0.86
Day RangeUSD 0.84 – 0.88
52-Week RangeUSD 0.84 – 3.4
Volume291,419 shares
Market Cap$31.93M
ExchangeNMS

Technical Analysis (MGX)

Nexqual's technical model rates MGX "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 16, 2026 at 05:20 UTC.

Overall SignalSELL
RSI (14)22.22 (oversold)
vs SMA50Below (USD 1.14)
MACD-0.07 (negative)

Analyst Ratings (MGX)

Wall Street analysts rate MGX "Buy" based on 5 analysts, with a mean price target of USD 7 (range USD 5–9), per Nexqual as of October 16, 2026 at 05:20 UTC.

Consensus RatingBuy
Analyst Count5
Mean TargetUSD 7
High TargetUSD 9
Low TargetUSD 5
Buy / Hold / Sell4 / 1 / 0

Earnings (MGX)

EPS EstimateUSD -0.62
Revenue Estimate$2.06M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -0.73 vs est -0.52 ▼ miss
2026-03-31USD -0.61 vs est -0.55 ▼ miss
2025-12-31USD -0.6 vs est -0.59 ▼ miss
2025-09-30USD -0.55 vs est -0.53 ▼ miss

Source: Nexqual, October 16, 2026 at 05:20 UTC.

Financials & Fundamentals (MGX)

Total Revenue$13.56M
Gross Margin+0.00%
Operating Margin+11195.72%
Profit Margin+0.00%
ROE-60.61%
Debt / Equity0.34
Current Ratio4.5
Total Cash$120.66M
Total Debt$37.72M

Source: Nexqual, October 16, 2026 at 05:20 UTC.

Financial Health Score (MGX)

Nexqual rates Metagenomi Therapeutics, Inc.'s overall financial health "Weak" across five dimensions, as of October 16, 2026 at 05:20 UTC.

GrowthCritical — Revenue -52% YoY (annual), sharp decline
ProfitabilityWeak — Small revenue base — building scale
Balance SheetStrong — $121M cash vs $38M debt, net cash position
Cash FlowWeak — Operating cash flow -$85M (TTM)
EfficiencyCritical — ROE -61%, ROA -28.2%

Ownership (MGX)

Insider Ownership+19.02%
Institutional Ownership+18.53%
Shares Outstanding37.78M
Float25.54M
Short % of Float+4.15%

Source: Nexqual, October 16, 2026 at 05:20 UTC.

Leadership (MGX)

Metagenomi Therapeutics, Inc. is led by Jian Irish (age 61), CEO, President & Director, per Nexqual as of October 16, 2026 at 05:20 UTC.

CEO, President & DirectorJian Irish (age 61)
Chief Financial OfficerPamela M. Wapnick (age 59)
Senior Vice President of ResearchAlan Brooks (age 59)
Senior Vice President of Business DevelopmentNikhil Bhide

Major Backers & Investors (MGX)

Notable institutional backers of Metagenomi Therapeutics, Inc. include Renaissance Technologies, Catalio Capital Management, LP , Peapod Lane Capital LLC , according to Nexqual as of October 16, 2026 at 05:20 UTC.

Active Investors

InvestorStake
Renaissance Technologies1.97%
Catalio Capital Management, LP 1.4%
Peapod Lane Capital LLC 1.39%
Two Sigma Investments, LP1.36%
Bridgeway Capital Management, LLC1.06%
Wells Fargo & Company1%
Bridgeway Funds, Inc.-Ultra-Small Company Fund0.87%

Index Funds (Passive)

FundStake
Vanguard Group5.71%
BlackRock0.93%
Geode Capital0.76%

Source: Nexqual, October 16, 2026 at 05:20 UTC.

Peers & Related Stocks

SymbolNamePriceChange
RYTMRhythm Pharmaceuticals, Inc.USD 87.97▲ 1.57%
BLTEBelite Bio, IncUSD 152.62▲ 0.49%
IOVAIovance Biotherapeutics, Inc.USD 14.72▲ 1.52%
PRAXPraxis Precision Medicines, IncUSD 248.24▲ 2.01%
IONSIonis Pharmaceuticals, Inc.USD 44.12▲ 4.11%
SYRESpyre Therapeutics, Inc.USD 80.1▼ 0.44%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 16, 2026 at 05:20 UTC. This page is informational and not investment advice.

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