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Macrogenics Inc has a consensus price target of $12 based on the ratings of 16 analysts. The high is $40 issued by SMBC Nikko on February 4, 2022. The low is $4 issued by HC Wainwright & Co. on September 18, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and Citigroup on September 18, 2024, August 21, 2024, and August 15, 2024, respectively. With an average price target of $7.33 between HC Wainwright & Co., HC Wainwright & Co., and Citigroup, there's an implied 118.91% upside for Macrogenics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Macrogenics (NASDAQ:MGNX) was reported by HC Wainwright & Co. on September 18, 2024. The analyst firm set a price target for $4.00 expecting MGNX to rise to within 12 months (a possible 19.40% upside). 34 analyst firms have reported ratings in the last year.
The latest analyst rating for Macrogenics (NASDAQ:MGNX) was provided by HC Wainwright & Co., and Macrogenics reiterated their neutral rating.
The last upgrade for Macrogenics Inc happened on April 9, 2024 when TD Cowen raised their price target to N/A. TD Cowen previously had a hold for Macrogenics Inc.
The last downgrade for Macrogenics Inc happened on August 1, 2024 when BTIG changed their price target from N/A to N/A for Macrogenics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Macrogenics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Macrogenics was filed on September 18, 2024 so you should expect the next rating to be made available sometime around September 18, 2025.
While ratings are subjective and will change, the latest Macrogenics (MGNX) rating was a reiterated with a price target of $4.00 to $4.00. The current price Macrogenics (MGNX) is trading at is $3.35, which is out of the analyst’s predicted range.
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