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MeiraGTx (MGTX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChart

MGTX Stock Forecast

MeiraGTx (MGTX) stock forecast, based on 2 Wall Street analysts, predicts a 12-month average price target of $9.00, with a high of $9.00 and a low of $9.00. This represents a 44.69% increase from the last price of $6.22.

$4 $5 $6 $7 $8 $9 High: $9 Avg: $9 Low: $9 Last Closed Price: $6.22

MGTX Stock Rating

MeiraGTx stock's rating consensus is Buy, based on 2 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 2 0 2 Strong Sell Sell Hold Buy Strong Buy

MGTX Forecast vs Benchmarks

TypeNameUpside
StockMeiraGTx44.69%
SectorHealthcare Stocks 25.20%
IndustryBiotech Stocks 63.35%

Price Target Trends

1M3M12M
# Anlaysts--1
Avg Price Target--$9.00
Last Closing Price$6.22$6.22$6.22
Upside/Downside--44.69%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2523---5
Dec, 2423---5
Nov, 2423---5
Oct, 2424---6
Sep, 2424---6
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 13, 2024Luca IssiRBC Capital$9.00$4.02123.88%44.69%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 11, 2024Piper SandlerOverweightOverweighthold
Aug 13, 2024RBC CapitalOutperformOutperformhold

Financial Forecast

EPS Forecast

$-4 $-3 $-2 $-1 $0 $1 $2 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-1.43$-1.63$-3.16$-1.49-----
Avg Forecast$-1.58$-2.06$-2.69$-1.68$-1.92$0.69$-1.22$-1.42$-0.53
High Forecast$-1.76$-2.29$-2.86$-2.55$-2.66$-0.29$-2.58$-3.69$-0.56
Low Forecast$-1.40$-1.83$-2.52$-1.05$-0.61$1.67$0.15$0.85$-0.49
Surprise %-9.49%-20.87%17.47%-11.31%-----

Revenue Forecast

$0 $80M $160M $240M $320M $400M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$15.56M$37.70M$15.92M$14.02M-----
Avg Forecast$17.16M$22.77M$32.75M$40.40M$16.52M$199.84M$205.65M$243.92M$364.65M
High Forecast$15.65M$20.78M$31.17M$37.20M$15.76M$190.73M$196.27M$232.80M$348.02M
Low Forecast$18.66M$24.77M$34.32M$43.60M$17.27M$208.95M$215.02M$255.04M$381.27M
Surprise %-9.28%65.55%-51.38%-65.31%-----

Net Income Forecast

$-250M $-180M $-110M $-40M $30M $100M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-53.96M$-71.98M$-142.88M$-84.03M-----
Avg Forecast$-89.33M$-116.36M$-151.76M$-84.03M$-88.18M$89.86M$-89.39M$-99.92M$-29.66M
High Forecast$-99.49M$-129.60M$-161.27M$-144.05M$-150.22M$-16.36M$-145.74M$-208.44M$-31.41M
Low Forecast$-79.17M$-103.13M$-142.25M$-59.46M$-34.44M$94.09M$8.47M$48.01M$-27.90M
Surprise %-39.59%-38.14%-5.86%------

MGTX Forecast FAQ

Is MeiraGTx stock a buy?

MeiraGTx stock has a consensus rating of Buy, based on 2 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that MeiraGTx is a favorable investment for most analysts.

What is MeiraGTx's price target?

MeiraGTx's price target, set by 2 Wall Street analysts, averages $9 over the next 12 months. The price target range spans from $9 at the low end to $9 at the high end, suggesting a potential 44.69% change from the previous close price of $6.22.

How does MeiraGTx stock forecast compare to the average forecast of its sector, industry, and investment themes?

MeiraGTx stock forecast shows a 44.69% upside, outperforming the average forecast for the healthcare stocks sector (25.20%) and underperforming the biotech stocks industry (63.35%).

What is the breakdown of analyst ratings for MeiraGTx over the past three months?

  • January 2025: 40.00% Strong Buy, 60.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 40.00% Strong Buy, 60.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 40.00% Strong Buy, 60.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is MeiraGTx’s EPS forecast?

MeiraGTx's average annual EPS forecast for its fiscal year ending in December is -1.92 for 2024, a 28.86% increase from the reported $-1.49 in 2023. The prediction for 2025 is $0.69, $-1.22 for 2026, $-1.42 for 2027, and $-0.53 for 2028.

What is MeiraGTx’s revenue forecast?

MeiraGTx's average annual revenue forecast for its fiscal year ending in December is $16.52M for 2024, a 17.83% increase from the reported $14.02M in 2023. The forecast for 2025 is $199.84M, $205.65M for 2026, $243.92M for 2027, and $364.65M for 2028.

What is MeiraGTx’s net income forecast?

For its fiscal year ending in December, MeiraGTx's average annual net income forecast is $-88.177M for 2024, reflecting an 4.94% increase from the reported $-84.027M in 2023. The projection for 2025 is $89.86M, $-89.394M for 2026, $-99.922M for 2027, and $-29.655M for 2028.