MRTX Stock - Mirati Therapeutics, Inc.
Unlock GoAI Insights for MRTX
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Revenue | $12.44M | $72.09M | $13.40M | $3.33M | $12.93M |
| Gross Profit | $11.84M | $-436,502,000 | $-285,951,000 | $-179,531,000 | $-80,946,000 |
| Gross Margin | 95.2% | -605.5% | -2134.3% | -5383.2% | -626.2% |
| Operating Income | $-759,589,000 | $-573,181,000 | $-369,363,000 | $-222,104,000 | $-102,627,000 |
| Net Income | $-740,867,000 | $-581,784,000 | $-357,937,000 | $-213,256,000 | $-98,418,000 |
| Net Margin | -5957.4% | -807.0% | -2671.6% | -6394.5% | -761.4% |
| EPS | $-13.18 | $-11.21 | $-7.96 | $-5.69 | $-3.19 |
Mirati Therapeutics, Inc., a clinical-stage oncology company, develops product candidates to address the genetic and immunological promoters of cancer in the United States. The company develops MRTX849, a KRAS G12C inhibitor, which is in Phase 1/2 clinical trial for treating non-small cell lung (NSCL), colorectal, pancreatic, and other cancers; and Sitravatinib, an investigational spectrum-selective kinase inhibitor that is in Phase 3 clinical trial for the treatment of NSCL cancer, as well as a KRAS G12D inhibitor program, which is in preclinical development. It has a collaboration and license agreement with BeiGene, Ltd. to develop, manufacture, and commercialize sitravatinib. Mirati Therapeutics, Inc. was founded in 1995 and is headquartered in San Diego, California.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| August 10th 2023 | Citigroup | Upgrade | Buy | $48← $51 |
| August 9th 2023 | Piper Sandler | Resumed | Overweight | $45 |
| August 9th 2023 | B. Riley Securities | Upgrade | Buy | $45 |
| July 27th 2023 | Scotiabank | Initiation | Sector Underperform | - |
| May 25th 2023 | Oppenheimer | Upgrade | Outperform | - |
| December 14th 2022 | Needham | Initiation | Hold | - |
| December 9th 2022 | Citigroup | Downgrade | Neutral | $53← $121 |
| December 8th 2022 | JP Morgan | Downgrade | Neutral | $65← $94 |
| December 8th 2022 | BMO Capital Markets | Downgrade | Market Perform | $59← $110 |
| October 28th 2022 | B. Riley Securities | Initiation | Neutral | $72 |
| September 15th 2022 | Piper Sandler | Initiation | Overweight | $110 |
| June 7th 2022 | JMP Securities | Upgrade | Mkt Outperform | $72 |
| May 20th 2022 | Guggenheim | Upgrade | Buy | $115 |
Earnings History & Surprises
MRTXEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2024 | Feb 27, 2024 | $-2.66 | $-3.51 | -32.0% | ✗ MISS |
Q4 2023 | Nov 6, 2023 | $-2.92 | $-2.49 | +14.7% | ✓ BEAT |
Q3 2023 | Aug 8, 2023 | $-3.23 | $-3.04 | +5.9% | ✓ BEAT |
Q2 2023 | May 9, 2023 | $-3.47 | $-3.18 | +8.4% | ✓ BEAT |
Q1 2023 | Feb 28, 2023 | $-3.74 | $-3.51 | +6.1% | ✓ BEAT |
Q4 2022 | Nov 8, 2022 | $-3.46 | $-3.09 | +10.7% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $-3.53 | $-3.18 | +9.9% | ✓ BEAT |
Q2 2022 | May 4, 2022 | $-3.37 | $-3.40 | -0.9% | ✗ MISS |
Q1 2022 | Feb 28, 2022 | $-3.01 | $-3.72 | -23.6% | ✗ MISS |
Q4 2021 | Nov 8, 2021 | $-2.87 | $-1.55 | +46.0% | ✓ BEAT |
Q3 2021 | Aug 5, 2021 | $-2.41 | $-3.23 | -34.0% | ✗ MISS |
Q2 2021 | May 6, 2021 | $-2.13 | $-2.67 | -25.4% | ✗ MISS |
Q1 2021 | Feb 25, 2021 | $-2.28 | $-2.08 | +8.8% | ✓ BEAT |
Q4 2020 | Nov 4, 2020 | $-2.04 | $-1.96 | +3.9% | ✓ BEAT |
Q3 2020 | Aug 6, 2020 | $-2.10 | $-1.89 | +10.0% | ✓ BEAT |
Q2 2020 | May 7, 2020 | $-1.65 | $-2.02 | -22.4% | ✗ MISS |
Q1 2020 | Feb 25, 2020 | $-1.50 | $-1.83 | -22.0% | ✗ MISS |
Q4 2019 | Nov 4, 2019 | $-1.27 | $-1.38 | -8.7% | ✗ MISS |
Q3 2019 | Aug 5, 2019 | $-1.21 | $-1.26 | -4.1% | ✗ MISS |
Q2 2019 | Apr 29, 2019 | $-0.96 | $-1.17 | -21.9% | ✗ MISS |
Latest News
Frequently Asked Questions about MRTX
What is MRTX's current stock price?
What is the analyst price target for MRTX?
What sector is Mirati Therapeutics, Inc. in?
What is MRTX's market cap?
Does MRTX pay dividends?
Similar Stocks
Healthcare SectorExplore stocks similar to MRTX for comparison