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MacroGenics Announces Departure of Chief Medical Officer

Story Highlights
  • MacroGenics announced Dr. Stephen Eck’s departure effective December 31, 2025.
  • Frank Perabo will oversee clinical development as the company searches for a new Chief Medical Officer.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MacroGenics Announces Departure of Chief Medical Officer

TipRanks Black Friday Sale

An announcement from MacroGenics ( (MGNX) ) is now available.

On November 14, 2025, MacroGenics announced the departure of Dr. Stephen Eck, its Senior Vice President, Clinical Development and Chief Medical Officer, effective December 31, 2025. Dr. Eck, who joined the company in July 2020, led its clinical development efforts across multiple studies. In his absence, Frank Perabo will assume interim oversight of clinical development, while the company searches for a new Chief Medical Officer. This leadership change may impact MacroGenics’ clinical development operations and strategic direction.

The most recent analyst rating on (MGNX) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on MacroGenics stock, see the MGNX Stock Forecast page.

Spark’s Take on MGNX Stock

According to Spark, TipRanks’ AI Analyst, MGNX is a Neutral.

MacroGenics’ overall stock score is primarily impacted by its challenging financial performance, characterized by ongoing profitability issues and cash flow management difficulties. The technical analysis indicates a bearish trend, and the valuation metrics highlight significant concerns with a negative P/E ratio. These factors collectively contribute to a lower stock score.

To see Spark’s full report on MGNX stock, click here.

More about MacroGenics

MacroGenics, Inc. operates in the biotechnology industry, focusing on the development of innovative antibody-based therapeutics for the treatment of cancer.

Average Trading Volume: 872,569

Technical Sentiment Signal: Strong Sell

Current Market Cap: $89.83M

Find detailed analytics on MGNX stock on TipRanks’ Stock Analysis page.

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