MGTX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03

Price $10.79

Market Cap (MRQ) $1.02B

P/E (TTM) 15.2

EPS (TTM) $0.71

Revenue (TTM) $398M

ROE (TTM) 72.2%

Debt/Equity -4.3

52W Range $7–$15

MGTX Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04

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10-Year Performance Revenue, net income, margins and EPS trends

06

Revenue$81M

2019-12-31 → 2025-12-31

EPS$-1.42

2020-12-31 → 2025-12-31

Free Cash Flow$-50M

2018-12-31 → 2025-12-31

Net margin19.9%

2019-12-31 → 2025-12-31

Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric	MGTX	5Y avg	Peer Median	Verdict
P/E (TTM)	15.25Y avg ≈-5.7	≈-5.7	·	·
P/S (TTM)	2.65Y avg ≈20.4	≈20.4	8.0	Undervalued
P/B (MRQ)	4.75Y avg ≈-18.5	≈-18.5	4.2	Overvalued
EV / EBITDA	-9.0	·	·	·
Price / FCF (TTM)	97.15Y avg ≈-8.4	≈-8.4	·	·
Price / Cash Flow (TTM)	74.25Y avg ≈-25.5	≈-25.5	·	·
EV / Revenue	10.3	·	·	·
EV / FCF	-16.7	·	·	·
Price / Tangible Book (MRQ)	4.75Y avg ≈4.7	≈4.7	·	·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric	MGTX	5Y avg	Peer Median	Verdict
Operating Margin (TTM)	46.3%5Y avg ≈-387.2%	≈-387.2%	-308.7%	Top tier
EBITDA Margin (TTM)	49.3%5Y avg ≈-354.8%	≈-354.8%	-308.7%	Top tier
Pretax Margin	-140.3%5Y avg ≈-402.4%	≈-402.4%	·	·
Net Profit Margin (TTM)	19.9%5Y avg ≈-402.4%	≈-402.4%	-214.0%	Top tier
ROA (TTM)	26.5%5Y avg ≈-36.8%	≈-36.8%	-37.2%	Weak
ROE (TTM)	72.2%5Y avg ≈1531.6%	≈1531.6%	-11.7%	Top tier
ROIC	-562.0%5Y avg ≈-235.6%	≈-235.6%	-165.3%	Weak

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric	MGTX	5Y avg	Peer Median	Verdict
Debt / Equity	-4.3	·	·	·
Current Ratio (MRQ)	3.85Y avg ≈1.9	≈1.9	11.5	Low liquidity
Quick Ratio	0.65Y avg ≈1.6	≈1.6	10.4	Low liquidity
Interest Coverage	-8.75Y avg ≈-61.8	≈-61.8	·	·

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric	MGTX	5Y avg	Peer Median	Verdict
Revenue YoY	144.6%5Y avg ≈70.9%	≈70.9%	·	·
Revenue CAGR 3Y	72.3%5Y avg ≈21.6%	≈21.6%	·	·
Revenue CAGR 5Y	39.2%	·	·	·

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric	MGTX	5Y avg	Peer Median	Verdict
EPS (Diluted)	$-1.425Y avg ≈$-1.94	≈$-1.94	·	·
Revenue / Share	$1.015Y avg ≈$0.67	≈$0.67	·	·
Cash Flow / Share	$-0.585Y avg ≈$-1.16	≈$-1.16	·	·
Cash / Share	$0.815Y avg ≈$1.93	≈$1.93	·	·

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric	MGTX	5Y avg	Peer Median	Verdict
Asset Turnover	0.35Y avg ≈0.1	≈0.1	0.2	Top tier
Receivables Turnover	43.9	·	·	·
Revenue / Employee	≈$207.1K	·	·	·

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14

Avg Surprise 77.7%

Next Report Nov 11, 2026

Period	Report	EPS Actual	EPS Est	Surprise
June 30, 2026	Aug 13, 2026	$1.71	$-0.47	465.8%
March 31, 2026	May 14, 2026	$-0.57	$-0.41	-39.2%
Dec. 31, 2025		$0.19	$-0.58	132.3%
Sept. 30, 2025		$-0.62	$-0.50	-24.0%
June 30, 2025		$-0.48	$-0.48	-0.65%
March 31, 2025		$-0.51	$-0.50	-2.7%
Dec. 31, 2024		$-0.50	$-0.57	12.5%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15

Income Statement 15

Metric	2025	2024	2023	2022	2021	2020	2019
Revenue	$81M	$33M	$14M	$16M	$38M	$16M	$13M
R&D Expense	$130M	$119M	$104M	$86M	$67M	$34M	$25M
SG&A Expense	$53M	$54M	$47M	$47M	$44M	$44M	$47M
Operating Expenses	$187M	$197M	$151M	$132M	$110M	$78M	$72M
Operating Income	$-106M	$-164M	$-137M	$-116M	$-73M	$-63M	$-58M
Interest Expense	$12M	$13M	$13M	$5M	$288.0K	$139.0K	$48.6K
Interest Income	$2M	$4M	$2M	$777.0K	$212.0K	$1M	$370.6K
Pretax Income	$-114M	$-148M	$-84M	$-130M	$-80M	$-58M	$-55M
Income Tax	$0	$0	$0	$0	$0	$0	$0
Net Income	$-114M	$-148M	$-84M	$-130M	$-80M	$-58M	$-55M
EPS (Basic)	$-1.42	$-2.12	$-1.49	$-2.87	$-1.80	$-1.54	·
EPS (Diluted)	$-1.42	$-2.12	$-1.49	$-2.87	$-1.80	$-1.54	·
Shares (Basic)	80,430,186	69,822,353	56,486,525	45,177,857	44,139,655	37,724,189	·
Shares (Diluted)	80,430,186	69,822,353	56,486,525	45,177,857	44,139,655	37,724,189	·
EBITDA	$-93M	$-151M	$-123M	$-108M	$-65M	$-58M	$-58M

Balance Sheet 27

Metric	2025	2024	2023	2022	2021	2020	2019
Cash & Equivalents	$66M	$104M	$130M	$116M	$138M	$210M	$227M
Receivables	$3M	$707.0K	$10M	$21M	·	·	·
Inventory	·	$385.0K	·	·	·	·	·
Prepaid Expense	$6M	$7M	$6M	$8M	$8M	$7M	$4M
Other Current Assets	$2M	$2M	$1M	$2M	$2M	$5M	$2M
Current Assets	$92M	$124M	$160M	$154M	$183M	$273M	$269M
PP&E (Net)	$105M	$103M	$116M	$109M	$76M	$44M	$24M
PP&E (Gross)	$158M	$145M	$149M	$130M	$90M	$52M	$28M
Accum. Depreciation	$53M	$42M	$33M	$20M	$14M	$8M	$5M
Intangibles	$578.0K	$821.0K	$1M	$1M	$2M	$2M	·
Other Non-current Assets	$1M	$1M	$2M	$1M	$1M	$1M	$195.1K
Total Assets	$244M	$270M	$327M	$318M	$320M	$364M	$324M
Accounts Payable	$10M	$24M	$16M	$17M	$15M	$7M	$4M
Accrued Liabilities	$33M	$27M	$43M	$40M	$28M	$21M	$18M
Short-term Debt	$25M	·	·	·	·	·	·
Current Liabilities	$123M	$61M	$67M	$82M	$68M	$54M	$49M
Capital Leases	$11M	$8M	$13M	$17M	$20M	$20M	$22M
Deferred Tax	·	·	·	$186.0K	$196.0K	$214.0K	$195.1K
Total Liabilities	$250M	$202M	$189M	$200M	$135M	$125M	$133M
Total Debt	$25M	·	·	·	·	·	·
Common Stock	$3.0K	$3.0K	$2.0K	$2.0K	$2.0K	$2.0K	$1.4K
Paid-in Capital	$808M	$774M	$694M	$582M	$529M	$504M	$396M
Retained Earnings	$-816M	$-702M	$-554M	$-470M	$-341M	$-261M	$-203M
AOCI	$2M	$-4M	$-1M	$6M	$-3M	$-5M	$-2M
Stockholders' Equity	$-6M	$68M	$138M	$118M	$185M	$239M	$191M
Liabilities + Equity	$244M	$270M	$327M	$318M	$320M	$364M	$324M
Shares Outstanding	81,120,931	78,397,380	63,601,015	48,477,209	44,548,925	44,189,150	36,791,906

Cash Flow 14

Metric	2025	2024	2023	2022	2021	2020	2019
D&A	$13M	$13M	$14M	$9M	$8M	$4M	$2M
Stock-based Comp	$22M	$25M	$28M	$29M	$21M	$18M	$16M
Deferred Tax	$-21M	$-24M	$-10M	$-26M	$-37M	$-16M	$-10M
Amort. of Intangibles	·	·	·	$200.0K	$300.0K	$20.0K	$0
Other Non-cash	$54M	$29M	$-53M	$45M	$77M	$-13M	·
Operating Cash Flow	$-46M	$-104M	$-105M	$-73M	$-11M	$-64M	$20M
CapEx	$4M	$5M	$20M	$45M	$46M	$21M	$9M
Investing Cash Flow	$-4M	$23M	$34M	$-45M	$-62M	$-37M	$-9M
Stock Issued	$15M	$59M	$92M	$25M	·	$87M	$155M
Net Stock Activity	$15M	$59M	$92M	·	·	$87M	$155M
Financing Cash Flow	$12M	$55M	$84M	$95M	$2M	$83M	$148M
Taxes Paid	$0	$0	·	·	·	·	·
Free Cash Flow	$-50M	$-109M	$-126M	$-118M	$-57M	$-85M	$11M
Levered FCF	$-62M	$-123M	·	$-123M	$-57M	$-85M	·

Profitability 7

Metric	2025	2024	2023	2022	2021	2020	2019
Operating Margin	-130.2%	-493.4%	·	-730.9%	-194.1%	-401.9%	-438.4%
Net Margin	-140.3%	-444.1%	·	-814.2%	-211.0%	-372.6%	-411.9%
Pretax Margin	-140.3%	-444.1%	·	-814.2%	-211.0%	-372.6%	-411.9%
EBITDA Margin	-114.8%	-454.9%	·	-676.1%	-173.3%	-375.1%	-438.4%
ROA	-44.4%	-49.5%	-26.1%	-40.6%	-23.3%	-16.9%	-26.0%
ROE	8062.2%	-180.7%	-73.0%	-107.8%	-42.6%	-27.8%	-28.4%
ROIC	-562.0%	-242.1%	·	-98.8%	-39.5%	-26.2%	·

Liquidity & Solvency 4

Metric	2025	2024	2023	2022	2021	2020	2019
Current Ratio	0.7	2.0	2.4	1.9	2.7	5.0	5.5
Quick Ratio	0.6	1.7	2.1	1.4	2.0	3.9	4.6
Debt / Equity	-4.3	·	·	·	·	·	·
Interest Coverage	-8.7	-12.4	-10.3	-23.5	-254.1	-449.4	-1198.6

Efficiency 2

Metric	Trend	2025	2024	2023	2022	2021	2020	2019
Asset Turnover		0.3	0.1	·	0.0	0.1	0.0	0.1
Receivables Turnover		43.9	6.1	·	·	·	·	·

Per Share 5

Metric	2025	2024	2023	2022	2021	2020	2019
Book Value / Share	$-0.07	$0.87	$2.17	$2.43	$4.16	$5.40	$5.19
Revenue / Share	$1.01	$0.48	·	$0.35	$0.85	·	·
Cash Flow / Share	$-0.58	$-1.50	$-1.87	$-1.62	$-0.24	·	·
Cash / Share	$0.81	$1.32	$2.04	$2.38	$3.09	$4.74	$6.18
EPS (TTM)	$-1.42	$-2.12	$-1.49	$-2.87	$-1.80	$-1.54	·

Growth Rates 3

Metric	2025	2024	2023	2022	2021	2020	2019
Revenue YoY	144.6%	137.4%	-11.9%	-57.8%	142.2%	·	·
Revenue CAGR 3Y	72.3%	-4.1%	-3.4%	·	·	·	·
Revenue CAGR 5Y	39.2%	·	·	·	·	·	·

Valuation (TTM) 14

Metric	2025	2024	2023	2022	2021	2020	2019
Revenue TTM	$81M	$33M	$14M	$16M	$38M	$16M	$13M
Net Income TTM	$-114M	$-148M	$-84M	$-130M	$-80M	$-58M	$-55M
Market Cap	$645M	$477M	$446M	$316M	$1.06B	$669M	$737M
Enterprise Value	$604M	·	·	·	·	·	·
P/E	-5.6	-2.9	-4.7	-2.3	-13.2	-9.8	·
P/S	7.9	14.3	31.9	19.9	28.1	43.0	55.4
P/B	-111.3	7.0	3.2	2.7	5.7	2.8	3.9
P / Tangible Book	·	7.1	3.3	2.7	5.8	2.8	·
P / Cash Flow	-13.9	-4.6	-4.2	-4.3	-100.4	-10.5	36.7
P / FCF	-12.9	-4.4	-3.6	-2.7	-18.6	-7.9	66.6
EV / EBITDA	-6.5	·	·	·	·	·	·
EV / FCF	-12.0	·	·	·	·	·	·
EV / Revenue	7.4	·	·	·	·	·	·
Earnings Yield	-17.9%	-34.8%	-21.2%	-44.0%	-7.6%	-10.2%	·

Income Statement 14

Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue	$321M	$293.0K	$75M	$410.0K	$4M	$2M	$21M	$11M	$282.0K	$697.0K	$2M	$5M	$4M	$3M	·	$5M
R&D Expense	$58M	$32M	$31M	$33M	$33M	$33M	$24M	$26M	$35M	$34M	$34M	$28M	$20M	$22M	$22M	$17M
SG&A Expense	$12M	$9M	$18M	$14M	$12M	$9M	$17M	$13M	$11M	$13M	$12M	$10M	$12M	$13M	$14M	$11M
Operating Expenses	$77M	$41M	$49M	$46M	$48M	$44M	$53M	$51M	$46M	$47M	$46M	$38M	$32M	$35M	$36M	$28M
Operating Income	$244M	$-41M	$26M	$-46M	$-45M	$-42M	$-31M	$-40M	$-46M	$-47M	$-44M	$-33M	$-29M	$-32M	$-41M	$-23M
Interest Expense	$4M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$2M
Interest Income	$706.0K	$189.0K	$278.0K	$161.0K	$408.0K	$971.0K	$1M	$1M	$827.0K	$1M	$549.0K	$523.0K	$655.0K	$545.0K	$432.0K	$288.0K
Income Tax	$2M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	·	$0
Net Income	$161M	$-46M	$15M	$-51M	$-39M	$-40M	$-39M	$-39M	$-49M	$-20M	$20M	$-44M	$-30M	$-30M	$-27M	$-37M
EPS (Basic)	$1.76	$-0.57	$0.19	$-0.62	$-0.48	$-0.51	$-0.49	$-0.55	$-0.76	$-0.32	$0.40	$-0.74	$-0.53	$-0.62	$-0.58	$-0.83
EPS (Diluted)	$1.71	$-0.57	$0.19	$-0.62	$-0.48	$-0.51	$-0.49	$-0.55	$-0.76	$-0.32	$0.40	$-0.74	$-0.53	$-0.62	$-0.58	$-0.83
Shares (Basic)	91,418,527	81,300,944	·	80,947,703	80,585,625	79,032,341	·	71,633,150	64,376,396	64,065,895	·	59,526,642	55,349,534	48,638,151	·	44,687,635
Shares (Diluted)	93,805,296	81,300,944	·	80,947,703	80,585,625	79,032,341	·	71,633,150	64,376,396	64,065,895	·	59,526,642	55,349,534	48,638,151	·	44,687,635
EBITDA	$244M	$-38M	·	$-43M	$-42M	$-39M	·	$-40M	$-46M	$-43M	·	$-33M	$-29M	$-29M	·	$-23M

Balance Sheet 28

Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Cash & Equivalents	$143M	$72M	$66M	$15M	$32M	$67M	$104M	$123M	$100M	$119M	$130M	$63M	$93M	$69M	$116M	$115M
Receivables	·	$3M	$3M	$3M	$2M	$734.0K	$707.0K	$3M	$2M	$11M	$10M	$22M	$33M	·	$21M	·
Inventory	·	·	·	·	$314.0K	$607.0K	$385.0K	·	·	·	·	·	·	·	·	·
Prepaid Expense	$4M	$6M	$6M	$7M	$7M	$7M	$7M	$7M	$5M	$5M	$6M	$7M	$8M	$7M	$8M	$10M
Other Current Assets	$27M	$670.0K	$2M	$328.0K	$780.0K	$606.0K	$2M	$713.0K	$660.0K	$932.0K	$1M	$758.0K	$2M	$2M	$2M	$2M
Current Assets	$218M	$96M	$92M	$34M	$47M	$80M	$124M	$139M	$111M	$149M	$160M	$104M	$143M	$121M	$154M	$155M
PP&E (Net)	$100M	$103M	$105M	$108M	$111M	$104M	$103M	$113M	$109M	$111M	$116M	$112M	$114M	$113M	$109M	$94M
PP&E (Gross)	·	·	$158M	·	·	·	$145M	·	·	·	$149M	·	·	·	$130M	·
Accum. Depreciation	·	·	$53M	·	·	·	$42M	·	·	·	$33M	·	·	·	$20M	·
Intangibles	$421.0K	$494.0K	$578.0K	$653.0K	$742.0K	$773.0K	$821.0K	$951.0K	$969.0K	$1M	$1M	$1M	$1M	$1M	$1M	$1M
Other Non-current Assets	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$2M	$1M	$1M	$1M	$1M	$1M
Total Assets	$396M	$245M	$244M	$189M	$199M	$224M	$270M	$299M	$267M	$309M	$327M	$267M	$310M	$288M	$318M	$301M
Accounts Payable	$12M	$17M	$10M	$22M	$26M	$20M	$24M	$30M	$21M	$21M	$16M	$21M	$28M	$30M	$17M	$22M
Accrued Liabilities	$21M	$25M	$33M	$24M	$15M	$24M	$27M	$19M	$17M	$17M	$43M	$28M	$25M	$31M	$40M	$25M
Short-term Debt	·	$25M	$25M	$74M	·	·	·	·	·	·	·	·	·	·	·	·
Current Liabilities	$58M	$176M	$123M	$153M	$53M	$52M	$61M	$59M	$47M	$48M	$67M	$64M	$72M	$81M	$82M	$72M
Capital Leases	$10M	$11M	$11M	$12M	$4M	$4M	$8M	$10M	$11M	$12M	$13M	$14M	$16M	$16M	$17M	$17M
Deferred Tax	·	·	·	·	·	·	·	·	·	·	·	$184.0K	$189.0K	$189.0K	$186.0K	$171.0K
Total Liabilities	$181M	$303M	$250M	$230M	$196M	$191M	$202M	$204M	$187M	$188M	$189M	$175M	$187M	$198M	$200M	$179M
Total Debt	·	$25M	·	$74M	·	·	·	·	·	·	·	·	·	·	·	·
Common Stock	$3.0K	$3.0K	$3.0K	$3.0K	$3.0K	$3.0K	$3.0K	$3.0K	$3.0K	$2.0K	$2.0K	$2.0K	$2.0K	$2.0K	$2.0K	$2.0K
Paid-in Capital	$932M	$820M	$808M	$797M	$791M	$780M	$774M	$763M	$707M	$700M	$694M	$659M	$653M	$587M	$582M	$550M
Retained Earnings	$-702M	$-863M	$-816M	$-831M	$-781M	$-742M	$-702M	$-663M	$-623M	$-575M	$-554M	$-574M	$-530M	$-501M	$-470M	$-443M
Treasury Stock	$18M	$18M	·	·	·	·	·	·	·	·	·	·	·	·	·	·
AOCI	$3M	$3M	$2M	$-6M	$-8M	$-5M	$-4M	$-5M	$-4M	$-3M	$-1M	$7M	$1M	$4M	$6M	$15M
Stockholders' Equity	$216M	$-58M	$-6M	$-41M	$3M	$33M	$68M	$96M	$80M	$122M	$138M	$92M	$124M	$90M	$118M	$123M
Liabilities + Equity	$396M	$245M	$244M	$189M	$199M	$224M	$270M	$299M	$267M	$309M	$327M	$267M	$310M	$288M	$318M	$301M
Shares Outstanding	94,188,118	81,446,126	81,120,931	80,479,684	80,446,284	79,418,438	78,397,380	77,695,418	64,684,187	64,298,691	63,601,015	59,597,151	59,535,314	48,477,209	48,477,209	44,710,678

Cash Flow 11

Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
D&A	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$3M	$4M	$3M	$3M	$3M	$2M	$2M
Stock-based Comp	$4M	$4M	$6M	$6M	$6M	$5M	$6M	$6M	$6M	$7M	$7M	$7M	$7M	$6M	$7M	$7M
Other Non-cash	·	$57M	·	·	·	$-5M	·	·	·	$-27M	·	·	·	$-17M	·	·
Operating Cash Flow	$-39M	$18M	$47M	$-12M	$-44M	$-37M	$-23M	$-25M	$-19M	$-37M	$-15M	$-24M	$-29M	$-37M	$-16M	$-21M
CapEx	$332.0K	$2M	$272.0K	$610.0K	$1M	$2M	$1M	$730.0K	$1M	$2M	$3M	$4M	$5M	$9M	$8M	$10M
Investing Cash Flow	$-24M	$-2M	$-1M	$-547.0K	$-761.0K	$-2M	$-1M	$-1M	$-1M	$27M	$51M	$-4M	$-5M	$-9M	$-8M	$-10M
Stock Issued	$114M	$14M	$5M	$0	$5M	$4M	$4M	$52M	$2M	$2M	$30M	$0	·	·	·	·
Stock Repurchased	$0	$18M	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Net Stock Activity	·	$-4M	·	·	·	$4M	·	·	·	$2M	·	·	·	·	·	·
Financing Cash Flow	$134M	$-10M	$5M	$-219.0K	$5M	$2M	$4M	$50M	$2M	$-1M	$28M	$-404.0K	$58M	$-1M	$25M	$73M
Free Cash Flow	·	$16M	·	·	·	$-39M	·	·	·	$-38M	·	·	·	$-46M	·	·

Profitability 5

Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Operating Margin	76.0%	-13930.7%	·	-11232.0%	-1213.6%	·	·	-367.0%	-16279.8%	-6710.5%	·	-642.0%	-813.1%	-952.6%	·	-473.6%
Net Margin	50.0%	-15806.5%	·	-12320.2%	-1051.1%	·	·	-360.5%	-17241.1%	-2932.9%	·	-868.1%	-835.6%	-910.7%	·	-774.2%
EBITDA Margin	76.0%	-12904.1%	·	-10462.4%	-1127.1%	·	·	-367.0%	-16279.8%	-6240.6%	·	-642.0%	-813.1%	-859.9%	·	-473.6%
ROA	54.0%	-19.8%	·	-20.7%	-16.7%	-15.0%	·	-13.9%	-16.9%	-6.8%	·	-15.6%	-10.5%	-10.5%	·	-12.3%
ROE	146.9%	370.1%	·	-183.1%	-93.5%	-51.6%	·	-41.9%	-47.8%	-19.3%	·	-41.3%	-22.3%	-24.1%	·	-24.0%

Liquidity & Solvency 4

Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Current Ratio	3.8	0.5	·	0.2	0.9	1.5	·	2.3	2.4	3.1	·	1.6	2.0	1.5	·	2.1
Quick Ratio	2.5	0.4	·	0.1	0.6	1.3	·	2.1	2.2	2.7	·	1.4	1.7	0.8	·	1.6
Debt / Equity	·	-0.4	·	-1.8	·	·	·	·	·	·	·	·	·	·	·	·
Interest Coverage	69.7	-14.3	·	-15.0	-14.8	-13.7	·	-11.9	-14.1	-14.4	·	-9.7	-8.6	-10.4	·	-12.1

Efficiency 2

Metric	Trend	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Asset Turnover		1.1	0.0	·	0.0	0.0	·	·	0.0	0.0	0.0	·	0.0	0.0	0.0	·	0.0
Receivables Turnover		·	0.1	·	0.1	1.9	·	·	0.8	0.0	0.1	·	0.5	0.2	·	·	·

Per Share 5

Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Book Value / Share	$2.29	$-0.71	·	$-0.50	$0.04	$0.42	·	$1.23	$1.24	$1.89	·	$1.54	$2.07	$1.86	·	$2.74
Revenue / Share	$3.43	$0.00	·	$0.01	$0.05	·	·	$0.15	$0.00	$0.01	·	$0.09	$0.06	$0.07	·	$0.11
Cash Flow / Share	·	$0.22	·	·	·	$-0.47	·	·	·	$-0.57	·	·	·	$-0.77	·	·
Cash / Share	$1.52	$0.88	·	$0.18	$0.40	$0.84	·	$1.58	$1.55	$1.85	·	$1.06	$1.56	$1.42	·	$2.57
EPS (TTM)	$0.71	$-1.48	·	$-2.10	$-2.03	$-2.31	·	$-1.23	$-1.42	$-1.19	·	$-2.47	$-2.56	$-2.79	·	$-2.50

Valuation (TTM) 11

Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue TTM	$398M	$80M	·	$27M	$38M	$35M	·	$14M	$8M	$11M	·	·	·	·	·	$42M
Net Income TTM	$79M	$-121M	·	$-169M	$-158M	$-167M	·	$-88M	$-93M	$-74M	·	$-132M	$-125M	$-129M	·	$-112M
Market Cap	$1.27B	$705M	·	$662M	$525M	$538M	·	$324M	$272M	$390M	·	$293M	$400M	$251M	·	$376M
Enterprise Value	·	$659M	·	$722M	·	·	·	·	·	·	·	·	·	·	·	·
P/E	19.0	-5.9	·	-3.9	-3.2	-2.9	·	-3.4	-3.0	-5.1	·	-2.0	-2.6	-1.9	·	-3.4
P/S	3.2	8.8	·	24.2	13.8	15.6	·	23.3	33.5	34.3	·	·	·	·	·	8.9
P/B	5.9	-12.1	·	-16.3	177.2	16.3	·	3.4	3.4	3.2	·	3.2	3.2	2.8	·	3.1
P / Tangible Book	5.9	·	·	·	236.5	16.7	·	3.4	3.4	3.2	·	3.2	3.3	2.8	·	3.1
P / Cash Flow	·	39.6	·	·	·	-14.6	·	·	·	-10.6	·	·	·	-6.7	·	·
EV / Revenue	·	8.3	·	26.3	·	·	·	·	·	·	·	·	·	·	·	·
Earnings Yield	5.3%	-17.1%	·	-25.5%	-31.1%	-34.1%	·	-29.5%	-33.7%	-19.6%	·	-50.3%	-38.1%	-54.0%	·	-29.7%

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	$81M	$33M	$14M	$16M	$38M
Operating Margin %	-130.2%	-493.4%	·	-730.9%	-194.1%
Net Income	$-114M	$-148M	$-84M	$-130M	$-80M
Diluted EPS	$-1.42	$-2.12	$-1.49	$-2.87	$-1.80

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Debt / Equity	-4.3	·	·	·	·
Current Ratio	0.7	2.0	2.4	1.9	2.7
Quick Ratio	0.6	1.7	2.1	1.4	2.0

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Free Cash Flow	$-50M	$-109M	$-126M	$-118M	$-57M

Institutional owners (13F) 164 filers · $1.1B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 164

Value held $1.1B

New positions 41

Exited positions 12

Institutional activity — Q2 2026 vs prior quarter

New positions	Exited positions	Increased	Decreased	Net shares change
41 (+19 vs prior Q)	12 (-4 vs prior Q)	79 (+32 vs prior Q)	22 (-18 vs prior Q)	+11.4M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution	Value	Shares	% of tracked 13F	Type
Sanofi	$164,791,427	12,197,737	15.52%	Shares
PERCEPTIVE ADVISORS LLC	$145,727,749	10,786,658	13.72%	Shares
Rubric Capital Management LP	$122,941,000	9,100,000	11.58%	Shares
JOHNSON & JOHNSON	$89,720,775	6,641,064	8.45%	Shares
BlackRock, Inc.	$64,269,475	4,757,178	6.05%	Shares
ADAGE CAPITAL PARTNERS GP, L.L.C.	$59,444,000	4,400,000	5.60%	Shares
Opaleye Management Inc.	$47,960,500	3,550,000	4.52%	Shares
MILLENNIUM MANAGEMENT LLC	$40,148,370	2,971,752	3.78%	Shares
683 Capital Management, LLC	$31,073,000	2,300,000	2.93%	Shares
Woodline Partners LP	$20,266,824	1,500,135	1.91%	Shares
STATE STREET CORP	$18,822,429	1,393,222	1.77%	Shares
MORGAN STANLEY	$17,734,617	1,312,703	1.67%	Shares
Knoll Capital Management, LLC	$16,887,500	1,250,000	1.59%	Shares
KENNEDY CAPITAL MANAGEMENT LLC	$14,934,238	1,105,421	1.41%	Shares
Long Focus Capital Management, LLC	$14,594,853	1,080,300	1.37%	Shares
JACOBS LEVY EQUITY MANAGEMENT, INC	$13,714,082	1,015,106	1.29%	Shares
D. E. Shaw & Co., Inc.	$11,522,706	852,902	1.08%	Shares
HEIGHTS CAPITAL MANAGEMENT, INC	$11,483,500	850,000	1.08%	Shares
GEODE CAPITAL MANAGEMENT, LLC	$11,471,097	849,082	1.08%	Shares
VANGUARD PORTFOLIO MANAGEMENT LLC	$9,775,336	723,563	0.92%	Shares
CITADEL ADVISORS LLC	$8,788,106	650,489	0.83%	Shares
Erste Asset Management GmbH	$8,667,648	691,200	0.82%	Shares
Nuveen, LLC	$8,639,091	639,459	0.81%	Shares
J. Goldman & Co LP	$8,132,642	601,972	0.77%	Shares
PFM Health Sciences, LP	$6,150,914	455,286	0.58%	Shares
NORTHERN TRUST CORP	$5,537,141	409,855	0.52%	Shares
PANAGORA ASSET MANAGEMENT INC	$4,730,851	350,174	0.45%	Shares
GOLDMAN SACHS GROUP INC	$4,423,390	327,416	0.42%	Shares
VANGUARD GROUP INC	$3,933,287	494,753	0.37%	Shares
BANK OF AMERICA CORP /DE/	$3,914,117	289,720	0.37%	Shares
Point72 Asset Management, L.P.	$2,734,329	202,393	0.26%	Shares
Ghisallo Capital Management LLC	$2,702,000	200,000	0.25%	Shares
AQR CAPITAL MANAGEMENT LLC	$2,655,837	196,583	0.25%	Shares
Privium Fund Management B.V.	$2,649,473	196,112	0.25%	Shares
JPMORGAN CHASE & CO	$2,573,360	205,212	0.24%	Shares
UBS Group AG	$2,493,594	184,574	0.23%	Shares
Squarepoint Ops LLC	$2,194,186	162,412	0.21%	Shares
Y-Intercept (Hong Kong) Ltd	$2,000,358	148,065	0.19%	Shares
Russell Investments Group, Ltd.	$1,990,413	147,329	0.19%	Shares
WELLINGTON MANAGEMENT GROUP LLP	$1,930,890	142,923	0.18%	Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$1,924,283	142,434	0.18%	Shares
Bank of New York Mellon Corp	$1,869,129	138,352	0.18%	Shares
BLAIR WILLIAM & CO/IL	$1,695,208	125,478	0.16%	Shares
Voleon Capital Management LP	$1,591,343	117,790	0.15%	Shares
Swiss National Bank	$1,505,014	111,400	0.14%	Shares
BARCLAYS PLC	$1,336,882	98,955	0.13%	Shares
Invesco Ltd.	$1,277,235	94,540	0.12%	Shares
ALPS ADVISORS INC	$1,258,943	93,186	0.12%	Shares
Prosight Management, LP	$1,215,900	90,000	0.11%	Shares
Aquatic Capital Management LLC	$1,176,235	87,064	0.11%	Shares

Show all 164 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer	Filed	Stake	Status	Purpose	Filing
Perceptive Advisors LLC, Joseph Edelman, Perceptive Life Sciences Master Fund, Ltd. ×9 filings	April 24, 2026	12.60%	Amendment	·	SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 19 insiders · 8 officers · 11 directors

19

Insider	Role	Last activity	Shares owned	Sells 12m	Net 12m
Alexandria Forbes	PRESIDENT & CEO	Aug. 18, 2026 S	1,325,695	4	$-2,285,805
Richard Giroux	CFO & COO	July 21, 2026 S	908,530	3	$-1,485,760
Katherine Breedis	Chief Financial Officer	Dec. 29, 2018 A	·	0	$0
Stuart Naylor	CHIEF SCI OFCR, OPHTHALMOLOGY	July 7, 2026 S	640,846	3	$-668,377
Robert J Wollin	GENERAL COUNSEL AND SECRETARY	June 25, 2026 A	57,377	0	$0
Robert K Zeldin	CHIEF MEDICAL OFFICER	June 25, 2026 A	146,204	0	$0
Penny Renee Fleck	CHIEF DEVELOPMENT OFFICER	May 13, 2026 A	·	0	$0
Bruce Gottlieb	General Counsel	April 1, 2019 A	·	0	$0
Alan Sebulsky	Director	Sept. 23, 2026 A	·	0	$0
Debra Yu	Director	June 11, 2026 A	·	0	$0
Ellen Hukkelhoven	Director	June 11, 2026 A	·	0	$0
Keith R. Harris	Director	June 11, 2026 A	200,000	0	$0
Neil Mendoza	Director	June 11, 2026 A	·	0	$0
Nicole Seligman	Director	June 11, 2026 A	5,000	0	$0
Thomas E Shenk	Director	June 11, 2026 A	157,476	0	$0
Martin Indyk	Director	June 6, 2024 A	35,000	0	$0
Joel S Marcus	Director	June 7, 2022 A	12,882	0	$0
Arnold J Levine	Director	June 7, 2022 A	·	0	$0
Johnson & Johnson Innovation - JJDC, Inc.	10% owner	Sept. 15, 2023 J	0	0	$0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 19 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund	Weight	Units	As of	Source
DWAS · Invesco Exchange-Traded Fund Trust …	0.31%	116,546 SH	Oct. 2, 2026	Daily
IWC · iShares Trust	0.18%	204,089 SH	Sept. 11, 2026	Daily
ESSC · Strategy Shares	0.12%	3,786 NS	July 31, 2026	N-PORT
IBBQ · Invesco Exchange-Traded Fund Trust …	0.07%	6,788 SH	Oct. 2, 2026	Daily
IBB · iShares Trust	0.07%	535,017 SH	Sept. 11, 2026	Daily
IWO · iShares Trust	0.04%	447,107 SH	Sept. 11, 2026	Daily
VTWG · VANGUARD SCOTTSDALE FUNDS	0.04%	51,041 SH	Aug. 19, 2026	Daily
IWM · iShares Trust	0.03%	1,527,344 SH	Sept. 11, 2026	Daily
RSSL · Global X Funds	0.02%	28,718 NS	July 31, 2026	N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust	0.02%	55,943 SH	Oct. 2, 2026	Daily
VTWO · VANGUARD SCOTTSDALE FUNDS	0.02%	345,700 SH	Aug. 19, 2026	Daily
ISCG · iShares Trust	0.02%	12,900 SH	Sept. 11, 2026	Daily
VTWV · VANGUARD SCOTTSDALE FUNDS	0.01%	11,041 SH	Aug. 19, 2026	Daily
VHT · VANGUARD WORLD FUND	0.01%	167,269 SH	Aug. 19, 2026	Daily
WSML · iShares Trust	0.01%	3,440 SH	Sept. 11, 2026	Daily
IWV · iShares Trust	0.00%	17,625 SH	Sept. 11, 2026	Daily
VTHR · VANGUARD SCOTTSDALE FUNDS	0.00%	5,601 SH	Aug. 19, 2026	Daily
IWN · iShares Trust	·	113,658 SH	Sept. 11, 2026	Daily
ISCB · iShares Trust	·	1,898 SH	Sept. 11, 2026	Daily

MGTX Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21

rating · 13 analysts BUY

Median target $23.50 +117.8%

4 30.8% Strong Buy

8 61.5% Buy

1 7.7% Hold

0 0.0% Sell

0 0.0% Strong Sell

12-Month Price Target

8 analysts · 2026-10-03

Mean target $27.75 +157.2%

← Below all targets Current price $10.79

Low$16.00 Mean$27.75 High$50.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker	Market Cap	P/E	Rev YoY	Net Margin	ROE	Gross Margin
MGTX	$645M	-5.6	144.6%	-140.3%	8062.2%	·
MNKD	$1.75B	283.5	22.2%	1.7%	-11.1%	·
BCAX	$953M	-6.7	·	·	-33.0%	·
TRAX	·	·	·	·	·	·
VOR	$506M	-0.2	·	·	83.4%	·
JANX	$833M	-7.5	-5.5%	-1136.2%	-11.7%	·
AKTS	·	·	·	·	·	·
ODTX	·	·	·	·	·	·
SVRA	$1.23B	-11.4	·	·	-73.4%	·
KURA	$913M	-3.3	25.2%	-413.0%	-116.2%	·

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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MGTX MeiraGTx Holdings plc - Ordinary Shares