MGNX Chart
About

MacroGenics, Inc., a clinical-stage biopharmaceutical company, discovers, develops, manufactures, and commercializes antibody-based therapeutics to treat cancer in the United States. The company's product pipeline includes lorigerlimab, a bispecific DART molecule that targets checkpoint inhibitors PD-1 and CTLA-4 for the treatment of mCRPC and docetaxel that is in phase 2 clinical trials, as well as for the treatment of platinum-resistant ovarian cancer and clear cell gynecologic cancer which has completed phase 1 clinical trial; MGC026, an ADC that targets B7-H3 and delivers a novel topoisomerase I inhibitor (TOP1i)-based linker-payload; MGC028, an antibody-drug conjugates (ADC) that targets ADAM9 and delivers a novel TOP1i-based linker-payload for the treatment of solid tumors, which is in phase 1 clinical trials; MGC030, a ADC molecule for the treatment of solid tumors, which is in preclinical trials. It is also developing next generation T-cell engager programs. The company has collaborations with TerSera Therapeutics LLC; Incyte Corporation; and Gilead Sciences, Inc. MacroGenics, Inc. was incorporated in 2000 and is headquartered in Rockville, Maryland.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 107.54M
Enterprise Value -1.85M Income -75.89M Sales 127.63M
Book/sh 1.06 Cash/sh 2.31 Dividend Yield —
Payout 0.00% Employees 341 IPO —
P/E — Forward P/E -0.99 PEG —
P/S 0.84 P/B 1.61 P/C —
EV/EBITDA 0.02 EV/Sales -0.01 Quick Ratio 4.85
Current Ratio 5.22 Debt/Eq 55.24 LT Debt/Eq —
EPS (ttm) -1.21 EPS next Y -1.72 EPS Growth -70.40%
Revenue Growth -34.20% Earnings 2026-03-19 ROA -26.52%
ROE -81.13% ROIC — Gross Margin -43.76%
Oper. Margin 25.59% Profit Margin -59.46% Shs Outstand 63.26M
Shs Float 55.73M Short Float 8.08% Short Ratio 3.98
Short Interest — 52W High 2.95 52W Low 0.99
Beta 1.48 Avg Volume 1.29M Volume 314.20K
Target Price $3.40 Recom None Prev Close $1.71
Price $1.70 Change -0.58%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.40
Mean price target
2. Current target
$1.70
Latest analyst target
3. DCF / Fair value
$-35.45
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.70
Low
$2.00
High
$5.00
Mean
$3.40

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-03 reit HC Wainwright & Co. Neutral → Neutral $2
2025-08-15 main Leerink Partners Outperform → Outperform $5
2025-05-20 main B. Riley Securities Neutral → Neutral $3
2025-05-14 main Stifel Hold → Hold $5
2025-05-14 main Barclays Overweight → Overweight $3
2025-03-25 main HC Wainwright & Co. Neutral → Neutral $2
2024-11-07 down JMP Securities Market Outperform → Market Perform —
2024-11-06 reit HC Wainwright & Co. Neutral → Neutral $4
2024-09-18 reit HC Wainwright & Co. Neutral → Neutral $4
2024-08-21 reit HC Wainwright & Co. Neutral → Neutral $4
2024-08-15 main Citigroup Buy → Buy $14
2024-08-07 main BMO Capital Market Perform → Market Perform $5
2024-08-01 down BTIG Buy → Neutral —
2024-08-01 reit HC Wainwright & Co. Neutral → Neutral $4
2024-07-31 main JMP Securities Market Outperform → Market Outperform $8
2024-07-31 main Barclays Overweight → Overweight $8
2024-07-31 down Guggenheim Buy → Neutral —
2024-07-31 down B. Riley Securities Buy → Neutral $5
2024-07-29 main Barclays Overweight → Overweight $9
2024-05-24 main BTIG Buy → Buy $9
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 16333 — — KARRELS JAMES Chief Financial Officer — 2026-02-06 00:00:00 D nan
1 15831 — — KOENIG SCOTT Director — 2026-02-06 00:00:00 D nan
2 18167 — — BONVINI EZIO Officer — 2026-02-06 00:00:00 D nan
3 17834 — — RISSER ERIC BLASIUS Chief Executive Officer — 2026-02-06 00:00:00 D nan
4 15000 — — SPITZNAGEL THOMAS Officer — 2026-02-06 00:00:00 D nan
5 15000 — — PETERS JEFFREY STUART General Counsel — 2026-02-06 00:00:00 D nan
6 4200 — — SMITH BETH ANN Officer and Treasurer — 2026-02-06 00:00:00 D nan
7 100000 — Purchase at price 1.49 - 1.52 per share. HEIDEN WILLIAM K Director — 2025-08-20 00:00:00 D 150515.0
8 52829 — — KOENIG SCOTT Director — 2025-08-13 00:00:00 D nan
9 6500 — — HURWITZ EDWARD Director — 2025-05-20 00:00:00 D nan
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems7.61M0.000.000.00
TaxRateForCalcs0.210.000.000.00
NormalizedEBITDA-93.62M-148.91M-107.89M-190.86M
TotalUnusualItems36.25M150.93M0.000.00
TotalUnusualItemsExcludingGoodwill36.25M150.93M0.000.00
NetIncomeFromContinuingOperationNetMinorityInterest-66.97M-9.06M-119.76M-202.12M
ReconciledDepreciation7.54M9.64M11.87M11.26M
ReconciledCostOfRevenue12.30M8.22M7.38M2.65M
EBITDA-57.37M2.02M-107.89M-190.86M
EBIT-64.91M-7.63M-119.76M-202.12M
NetInterestIncome8.31M8.26M1.66M680.00K
InterestExpense1.11M1.43M0.000.00
InterestIncome9.42M9.69M1.66M680.00K
NormalizedIncome-95.60M-159.99M-119.76M-202.12M
NetIncomeFromContinuingAndDiscontinuedOperation-66.97M-9.06M-119.76M-202.12M
TotalExpenses258.92M225.44M271.44M278.44M
TotalOperatingIncomeAsReported-110.58M-168.24M-121.42M-202.79M
DilutedAverageShares62.62M61.93M61.43M59.94M
BasicAverageShares62.62M61.93M61.43M59.94M
DilutedEPS-1.07-0.15-1.95-3.37
BasicEPS-1.07-0.15-1.95-3.37
DilutedNIAvailtoComStockholders-66.97M-9.06M-119.76M-202.12M
NetIncomeCommonStockholders-66.97M-9.06M-119.76M-202.12M
NetIncome-66.97M-9.06M-119.76M-202.12M
NetIncomeIncludingNoncontrollingInterests-66.97M-9.06M-119.76M-202.12M
NetIncomeContinuousOperations-66.97M-9.06M-119.76M-202.12M
TaxProvision944.00K0.000.00
PretaxIncome-66.02M-9.06M-119.76M-202.12M
OtherIncomeExpense36.25M150.93M1.66M680.00K
OtherNonOperatingIncomeExpenses1.66M680.00K
SpecialIncomeCharges36.25M150.93M0.000.00
GainOnSaleOfBusiness36.25M150.93M0.000.00
NetNonOperatingInterestIncomeExpense8.31M8.26M1.66M680.00K
InterestExpenseNonOperating1.11M1.43M0.000.00
InterestIncomeNonOperating9.42M9.69M1.66M680.00K
OperatingIncome-110.58M-168.24M-121.42M-202.79M
OperatingExpense246.62M217.22M264.05M275.79M
OtherOperatingExpenses-1.62M-1.56M-1.92M-1.80M
ResearchAndDevelopment177.19M166.58M207.03M214.58M
SellingGeneralAndAdministration71.05M52.19M58.95M63.01M
GrossProfit136.04M48.97M142.63M72.99M
CostOfRevenue12.30M8.22M7.38M2.65M
TotalRevenue148.34M57.19M150.02M75.64M
OperatingRevenue148.34M57.19M150.02M75.64M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber62.82M62.07M61.70M61.31M
ShareIssued62.82M62.07M61.70M61.31M
TotalDebt37.46M33.97M34.83M25.47M
TangibleBookValue116.06M152.61M142.01M239.62M
InvestedCapital116.06M152.61M142.01M239.62M
WorkingCapital161.96M195.23M173.57M204.98M
NetTangibleAssets116.06M152.61M142.01M239.62M
CapitalLeaseObligations37.46M33.97M34.83M25.47M
CommonStockEquity116.06M152.61M142.01M239.62M
TotalCapitalization116.06M152.61M142.01M239.62M
TotalEquityGrossMinorityInterest116.06M152.61M142.01M239.62M
StockholdersEquity116.06M152.61M142.01M239.62M
GainsLossesNotAffectingRetainedEarnings4.00K-6.00K-5.00K-61.00K
OtherEquityAdjustments4.00K-6.00K-5.00K-61.00K
RetainedEarnings-1.17B-1.10B-1.09B-973.94M
AdditionalPaidInCapital1.29B1.25B1.24B1.21B
CapitalStock628.00K621.00K617.00K613.00K
CommonStock628.00K621.00K617.00K613.00K
TotalLiabilitiesNetMinorityInterest145.60M145.81M138.46M95.63M
TotalNonCurrentLiabilitiesNetMinorityInterest90.07M89.70M89.84M21.05M
OtherNonCurrentLiabilities1.97M258.00K258.00K258.00K
NonCurrentDeferredLiabilities55.50M59.24M59.48M0.00
NonCurrentDeferredRevenue55.50M59.24M59.48M0.00
LongTermDebtAndCapitalLeaseObligation32.60M30.20M30.11M20.79M
LongTermCapitalLeaseObligation32.60M30.20M30.11M20.79M
CurrentLiabilities55.53M56.11M48.61M74.58M
CurrentDeferredLiabilities16.32M21.65M9.99M20.65M
CurrentDeferredRevenue16.32M21.65M9.99M20.65M
CurrentDebtAndCapitalLeaseObligation4.86M3.77M4.73M4.68M
CurrentCapitalLeaseObligation4.86M3.77M4.73M4.68M
PayablesAndAccruedExpenses34.35M30.68M33.90M49.26M
CurrentAccruedExpenses29.33M24.24M29.00M33.76M
Payables5.01M6.44M4.90M15.50M
AccountsPayable5.01M6.44M4.90M15.50M
TotalAssets261.65M298.42M280.47M335.25M
TotalNonCurrentAssets44.16M47.08M58.29M55.69M
OtherNonCurrentAssets1.56M1.39M1.38M1.40M
NetPPE42.61M45.69M56.91M54.29M
AccumulatedDepreciation-88.69M-88.39M-84.08M-72.81M
GrossPPE131.30M134.09M141.00M127.10M
Leases44.10M48.62M52.97M51.06M
ConstructionInProgress1.22M1.11M356.00K630.00K
OtherProperties70.65M70.30M73.81M62.31M
MachineryFurnitureEquipment15.33M14.06M13.86M13.11M
Properties0.000.000.000.00
CurrentAssets217.49M251.34M222.18M279.56M
OtherCurrentAssets11.51M9.95M10.16M21.17M
PrepaidAssets21.17M
Inventory0.001.22M1.45M4.39M
FinishedGoods960.00K1.04M459.00K
WorkInProcess261.00K409.00K3.93M
Receivables4.31M10.37M56.22M10.39M
AccountsReceivable4.31M10.37M56.22M10.39M
CashCashEquivalentsAndShortTermInvestments201.67M229.81M154.35M243.62M
OtherShortTermInvestments18.83M128.85M45.46M120.15M
CashAndCashEquivalents182.84M100.96M108.88M123.47M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-72.08M-79.97M-90.58M-150.03M
IssuanceOfCapitalStock0.00616.00K1.08M117.82M
CapitalExpenditure-3.71M-1.76M-3.62M-6.20M
IncomeTaxPaidSupplementalData944.00K0.000.00
EndCashPosition182.84M100.96M108.88M123.47M
BeginningCashPosition100.96M108.88M123.47M181.13M
ChangesInCash81.88M-7.93M-14.59M-57.66M
FinancingCashFlow960.00K150.36M1.66M122.78M
CashFlowFromContinuingFinancingActivities960.00K150.36M1.66M122.78M
NetOtherFinancingCharges-2.48M149.19M
ProceedsFromStockOptionExercised3.44M553.00K574.00K4.96M
NetCommonStockIssuance0.00616.00K1.08M117.82M
CommonStockIssuance0.00616.00K1.08M117.82M
InvestingCashFlow149.30M-80.08M70.72M-36.61M
CashFlowFromContinuingInvestingActivities149.30M-80.08M70.72M-36.61M
NetOtherInvestingChanges40.00M
NetInvestmentPurchaseAndSale112.84M-78.38M74.34M-30.41M
SaleOfInvestment190.03M161.30M194.94M200.80M
PurchaseOfInvestment-77.18M-239.68M-120.60M-231.21M
NetPPEPurchaseAndSale-3.55M-1.70M-3.62M-6.20M
SaleOfPPE160.00K64.00K0.000.00
PurchaseOfPPE-3.71M-1.76M-3.62M-6.20M
OperatingCashFlow-68.37M-78.20M-86.96M-143.83M
CashFlowFromContinuingOperatingActivities-68.37M-78.20M-86.96M-143.83M
ChangeInWorkingCapital1.39M53.32M-6.13M17.57M
ChangeInOtherWorkingCapital-9.58M11.42M34.78M9.26M
ChangeInOtherCurrentLiabilities5.20M-861.00K9.36M-3.52M
ChangeInOtherCurrentAssets-7.00K-14.04M3.23M
ChangeInPayablesAndAccruedExpense3.47M-3.54M-15.50M6.52M
ChangeInAccruedExpense5.00M-4.82M-4.64M-607.00K
ChangeInPayable-1.53M1.28M-10.86M7.12M
ChangeInAccountPayable-1.53M1.28M-10.86M7.12M
ChangeInPrepaidAssets-1.57M215.00K11.01M-4.19M
ChangeInInventory-2.19M230.00K55.00K-6.42M
ChangeInReceivables6.06M45.85M-45.84M12.70M
ChangesInAccountReceivables6.06M45.85M-45.84M12.70M
OtherNonCashItems-661.00K-145.59M6.22M4.72M
StockBasedCompensation29.44M18.37M20.44M23.13M
AmortizationOfSecurities-2.81M-5.00M403.00K1.61M
DepreciationAmortizationDepletion7.54M9.64M11.87M11.26M
DepreciationAndAmortization7.54M9.64M11.87M11.26M
OperatingGainsLosses-36.31M111.00K
NetIncomeFromContinuingOperations-66.97M-9.06M-119.76M-202.12M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for MGNX
Date User Asset Broker Type Position Size Entry Price Patterns