MGNX (MacroGenics, Inc.) Stock Analysis - News

MacroGenics, Inc. (MGNX) is a publicly traded Healthcare sector company. As of May 21, 2026, MGNX trades at $4.38 with a market cap of $276.50M and a P/E ratio of -4.06. MGNX moved -0.88% today. Year to date, MGNX is +159.30%; over the trailing twelve months it is +184.08%. Its 52-week range spans $0.99 to $5.10. Analyst consensus is buy with an average price target of $6.33. Rallies surfaces MGNX's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in MGNX news today?

MacroGenics Divests Manufacturing, Extends Cash Runway to 2028 after $20.8M Q1 Revenues: MacroGenics is divesting its manufacturing operations to Bora Pharmaceuticals to focus on core drug development, extending its cash runway through 2028. In Q1, EPS was -$0.58 versus estimates of -$0.57, while revenues of $20.78M topped expectations of $15.24M, with a current ratio of 1.90 and a price/sales of 1.68.

MGNX Key Metrics

Key financial metrics for MGNX
MetricValue
Price$4.38
Market Cap$276.50M
P/E Ratio-4.06
EPS$-1.10
Dividend Yield0.00%
52-Week High$5.10
52-Week Low$0.99
Volume3.90K
Avg Volume0
Revenue (TTM)$157.08M
Net Income$-70.36M
Gross Margin0.00%

Latest MGNX News

Recent MGNX Insider Trades

  • HEIDEN WILLIAM K bought 49.50K (~$73.75K) on Aug 20, 2025.
  • HEIDEN WILLIAM K bought 50.50K (~$76.76K) on Aug 19, 2025.
  • Smith Beth Ann sold 423 (~$1.08K) on Feb 15, 2025.

MGNX Analyst Consensus

5 analysts cover MGNX: 0 strong buy, 2 buy, 3 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $6.33.

Common questions about MGNX

What changed in MGNX news today?
MacroGenics Divests Manufacturing, Extends Cash Runway to 2028 after $20.8M Q1 Revenues: MacroGenics is divesting its manufacturing operations to Bora Pharmaceuticals to focus on core drug development, extending its cash runway through 2028. In Q1, EPS was -$0.58 versus estimates of -$0.57, while revenues of $20.78M topped expectations of $15.24M, with a current ratio of 1.90 and a price/sales of 1.68.
Does Rallies summarize MGNX news?
Yes. Rallies summarizes MGNX news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is MGNX research on Rallies investment advice?
No. Rallies provides research, data, and educational context for MGNX. It does not provide personalized investment advice.
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