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NASDAQ: MGNX
Macrogenics Inc Stock Forecast, Predictions & Price Target

Analyst price target for MGNX

Based on 9 analysts offering 12 month price targets for Macrogenics Inc.
Min Forecast
$12.00-19.79%
Avg Forecast
$21.56+44.09%
Max Forecast
$29.00+93.85%

Should I buy or sell MGNX stock?

Based on 9 analysts offering ratings for Macrogenics Inc.
Strong Buy
Strong Buy
6 analysts 66.67%
Buy
2 analysts 22.22%
Hold
1 analysts 11.11%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MGNX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-11Find Out Why
lockedlocked$00.00+00.00%2024-03-11
lockedlocked$00.00+00.00%2024-03-11
lockedlocked$00.00+00.00%2024-03-08
lockedlocked$00.00+00.00%2024-03-08
Barclays
Top 16%
85
Strong BuyMaintains$25.00+67.11%2024-03-08Find out why
BTIG
Bottom 16%
16
Strong BuyMaintains$24.00+60.43%2024-03-04
Stifel Nicolaus
Top 25%
76
Strong BuyReiterates$17.00+13.64%2023-11-27
Guggenheim
Top 19%
82
Strong BuyUpgrades$12.00-19.79%2023-11-07

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Forecast return on equity

Is MGNX forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
37.5%

Forecast return on assets

Is MGNX forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MGNX revenue forecast

What is MGNX's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$61.0M+3.84%
Avg 2 year Forecast
$219.3M+273.21%
Avg 3 year Forecast
$152.7M+159.9%
MGNX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGNX revenue growth forecast

How is MGNX forecast to perform vs Biotechnology companies and vs the US market?
Company
55.32%
Industry
38.94%
Market
10.52%
MGNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MGNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MGNX vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
MGNX$14.96$21.56+44.09%Strong Buy
ARQT$9.59$13.50+40.77%Strong Buy
IMTX$11.10N/AN/A
ORIC$13.47$20.20+50.02%Buy
SPRY$9.96$18.50+85.74%Buy

Macrogenics Stock Forecast FAQ

Is Macrogenics Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: MGNX) stock is to Strong Buy MGNX stock.

Out of 9 analysts, 6 (66.67%) are recommending MGNX as a Strong Buy, 2 (22.22%) are recommending MGNX as a Buy, 1 (11.11%) are recommending MGNX as a Hold, 0 (0%) are recommending MGNX as a Sell, and 0 (0%) are recommending MGNX as a Strong Sell.

If you're new to stock investing, here's how to buy Macrogenics stock.

What is MGNX's revenue growth forecast for 2024-2026?

(NASDAQ: MGNX) Macrogenics's forecast annual revenue growth rate of 55.32% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 38.94%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.52%.

Macrogenics's revenue in 2024 is $58,749,000.On average, 3 Wall Street analysts forecast MGNX's revenue for 2024 to be $3,808,540,089, with the lowest MGNX revenue forecast at $2,936,801,892, and the highest MGNX revenue forecast at $4,769,805,793. On average, 2 Wall Street analysts forecast MGNX's revenue for 2025 to be $13,688,843,170, with the lowest MGNX revenue forecast at $7,011,115,060, and the highest MGNX revenue forecast at $20,366,571,281.

In 2026, MGNX is forecast to generate $9,532,744,065 in revenue, with the lowest revenue forecast at $9,532,744,065 and the highest revenue forecast at $9,532,744,065.

What is MGNX's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: MGNX) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is MGNX's Price Target?

According to 9 Wall Street analysts that have issued a 1 year MGNX price target, the average MGNX price target is $21.56, with the highest MGNX stock price forecast at $29.00 and the lowest MGNX stock price forecast at $12.00.

On average, Wall Street analysts predict that Macrogenics's share price could reach $21.56 by Mar 11, 2025. The average Macrogenics stock price prediction forecasts a potential upside of 44.09% from the current MGNX share price of $14.96.

What is MGNX's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: MGNX) forecast ROE is N/A, which is considered weak.
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