MGNX Stock - MacroGenics, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $148.34M | $57.19M | $150.02M | $75.64M | $97.76M |
| Gross Profit | $136.04M | $48.97M | $142.63M | $72.99M | $97.76M |
| Gross Margin | 91.7% | 85.6% | 95.1% | 96.5% | 100.0% |
| Operating Income | $-110,578,000 | $-168,244,000 | $-121,418,000 | $-202,795,000 | $-131,060,000 |
| Net Income | $-66,966,000 | $-9,058,000 | $-119,758,000 | $-202,115,000 | $-129,739,000 |
| Net Margin | -45.1% | -15.8% | -79.8% | -267.2% | -132.7% |
| EPS | $-1.07 | $-0.15 | $-1.95 | $-3.18 | $-2.25 |
MacroGenics, Inc., a biopharmaceutical company, develops and commercializes antibody-based therapeutics to treat cancer in the United States. Its approved product is MARGENZA (margetuximab-cmkb), a human epidermal growth factor receptor 2 (HER2) receptor antagonist indicated, in combination with chemotherapy, for the treatment of adult patients with metastatic HER2-positive breast cancer who have received two or more prior anti-HER2 regimens. The company's pipeline of immuno-oncology product candidates includes MGC018, an antibody drug conjugate (ADC), which targets solid tumors expressing B7-H3; Enoblituzumab, a monoclonal antibody that targets B7-H3; and MGD024, an investigational bispecific CD123 × CD3 DART molecule to minimize cytokine-release syndrome for patients with hematologic malignancies. It also develops Lorigerlimab, a monoclonal antibody that targets the immune checkpoints PD-1 and cytotoxic T-lymphocyte-associated protein 4; Tebotelimab, an investigational tetravalent DART molecule for PD-1 and lymphocyte-activation gene 3; Retifanlimab, an investigational monoclonal antibody targeting metastatic squamous cell carcinoma of the anal canal and metastatic non-small cell lung cancer; and IMGC936, an ADC that targets ADAM9, a cell surface protein over-expressed in various solid tumor types. Further, the company develops MGD014 and MGD020, a DART molecule to target the envelope protein of human immunodeficiency virus infected cells and CD3 on T cells; Teplizumab for the treatment of type 1 diabetes; and PRV-3279, a CD32B × CD79B DART molecule for the treatment of autoimmune indications. It has collaborations with Incyte Corporation; Zai Lab Limited; I-Mab Biopharma; and Janssen Biotech, Inc. The company was incorporated in 2000 and is headquartered in Rockville, Maryland.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 17th 2025 | Barclays | Resumed | Overweight | $3 |
| November 7th 2024 | JMP Securities | Downgrade | Market Perform | - |
| August 1st 2024 | BTIG Research | Downgrade | Neutral | - |
| July 31st 2024 | B. Riley Securities | Downgrade | Neutral | $5← $18 |
| July 31st 2024 | Guggenheim | Downgrade | Neutral | - |
| May 10th 2024 | BMO Capital Markets | Downgrade | Market Perform | $8← $24 |
| May 10th 2024 | Stifel | Downgrade | Hold | $7← $29 |
| May 10th 2024 | TD Cowen | Downgrade | Hold | - |
| April 26th 2024 | B. Riley Securities | Initiation | Buy | $25 |
| April 9th 2024 | TD Cowen | Upgrade | Buy | - |
| March 4th 2024 | BTIG Research | Reiterated | Buy | $24← $12 |
| February 14th 2024 | H.C. Wainwright | Downgrade | Neutral | $14← $12 |
| December 20th 2023 | Citigroup | Upgrade | Buy | $13← $7 |
| November 7th 2023 | Guggenheim | Upgrade | Buy | $12 |
| March 17th 2023 | Guggenheim | Downgrade | Neutral | - |
Earnings History & Surprises
MGNXEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 11, 2026 | — | — | — | — |
Q1 2026 | Mar 19, 2026 | $-0.42 | — | — | — |
Q4 2025 | Nov 12, 2025 | $-0.48 | $0.27 | +156.3% | ✓ BEAT |
Q3 2025 | Aug 14, 2025 | $-0.59 | $-0.57 | +3.4% | ✓ BEAT |
Q2 2025 | May 13, 2025 | $-0.61 | $-0.65 | -6.6% | ✗ MISS |
Q1 2025 | Mar 20, 2025 | $-0.23 | $-0.25 | -8.7% | ✗ MISS |
Q4 2024 | Nov 5, 2024 | $0.21 | $0.90 | +328.6% | ✓ BEAT |
Q3 2024 | Aug 6, 2024 | $-0.47 | $-0.89 | -89.4% | ✗ MISS |
Q2 2024 | May 9, 2024 | $-0.67 | $-0.84 | -25.4% | ✗ MISS |
Q1 2024 | Mar 7, 2024 | $-0.26 | $-0.75 | -188.5% | ✗ MISS |
Q4 2023 | Nov 6, 2023 | $-0.11 | $-0.52 | -392.9% | ✗ MISS |
Q3 2023 | Aug 9, 2023 | $-0.52 | $-0.36 | +30.8% | ✓ BEAT |
Q2 2023 | May 9, 2023 | $1.07 | $-0.61 | -157.0% | ✗ MISS |
Q1 2023 | Mar 15, 2023 | $0.10 | $0.21 | +110.0% | ✓ BEAT |
Q4 2022 | Nov 3, 2022 | $-0.49 | $-0.40 | +18.4% | ✓ BEAT |
Q3 2022 | Aug 8, 2022 | $-0.97 | $-0.67 | +30.9% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $-0.84 | $-1.08 | -28.6% | ✗ MISS |
Q1 2022 | Feb 24, 2022 | $-0.83 | $-0.95 | -14.5% | ✗ MISS |
Q4 2021 | Nov 2, 2021 | $-0.63 | $-0.86 | -36.5% | ✗ MISS |
Q3 2021 | Jul 29, 2021 | $-0.28 | $-0.66 | -135.7% | ✗ MISS |
Latest News
Macrogenics Q3 EPS $0.27 Beats $(0.58) Estimate, Sales $72.839M Beat $14.700M Estimate
📈 PositiveHC Wainwright & Co. Reiterates Neutral on Macrogenics, Maintains $2 Price Target
➖ NeutralMacroGenics Revenue Doubles in Q2
📈 PositiveFrequently Asked Questions about MGNX
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