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Meiragtx Holdings (MGTX)
:MGTX

Meiragtx Holdings (MGTX) AI Stock Analysis

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Meiragtx Holdings

(NASDAQ:MGTX)

Rating:63Neutral
Price Target:
$8.00
▲(6.52%Upside)
Meiragtx Holdings' overall score is driven by strong technical momentum and positive corporate events, notably the FDA RMAT designation. However, significant financial challenges, including negative profitability and valuation metrics, weigh heavily on the overall score. Investors should be mindful of potential volatility due to the high-risk biotech nature.

Meiragtx Holdings (MGTX) vs. SPDR S&P 500 ETF (SPY)

Meiragtx Holdings Business Overview & Revenue Model

Company DescriptionMeiraGTx Holdings plc, a clinical stage gene therapy company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited blindness, as well as Xerostomia following radiation treatment for head and neck cancers; degenerative diseases; neurodegenerative diseases, such as amyotrophic lateral sclerosis; and Parkinson's diseases. Its programs in clinical development include Phase 1/2 clinical stage programs in Achromatopsia, X-Linked Retinitis Pigmentosa, RPE65-deficiency, and radiation-induced Xerostomia, as well as Parkinson's program. The company also focuses on initiating a clinical program in xerostomia related to Sjogren's syndrome and have preclinical programs in neurodegenerative diseases. It has a research collaboration agreement with Janssen Pharmaceuticals, Inc. to develop regulatable gene therapy treatment using the company's proprietary riboswitch technology. MeiraGTx Holdings plc was incorporated in 2015 and is based in New York, New York.
How the Company Makes MoneyMeiraGTx Holdings makes money primarily through the development and commercialization of its gene therapy products. The company generates revenue through collaborative agreements, licensing arrangements, and milestone payments from partnerships with other pharmaceutical and biotechnology companies. These collaborations often involve co-development and commercialization efforts, allowing MeiraGTx to leverage external resources and expertise while receiving financial support. Additionally, as the company advances its product candidates through clinical trials and towards market approval, it may receive research funding and grants to support its development activities. Revenue growth is also expected to come from the eventual commercialization of its gene therapy products once they receive regulatory approval.

Meiragtx Holdings Financial Statement Overview

Summary
MeiraGTx Holdings faces typical financial challenges for early-stage biotech firms, with ongoing operating losses and reliance on external funding. Despite some revenue growth and improved leverage, profitability metrics remain negative. The balance sheet reflects financial instability with declining equity.
Income Statement
42
Neutral
Meiragtx Holdings has shown a modest revenue growth with a TTM revenue of $34.51M, up from $33.28M in 2024. However, the company continues to face significant profitability challenges, with negative EBIT and EBITDA margins indicating operating losses. The net profit margin remains negative, underscoring ongoing financial losses, which is a common challenge in the biotechnology sector as companies invest heavily in R&D.
Balance Sheet
50
Neutral
The company's debt-to-equity ratio has improved, reflecting a reduced leverage position. However, the equity ratio has decreased, indicating a lower proportion of equity funding relative to total assets. Despite a positive net debt position, the overall financial stability remains a concern due to declining stockholders' equity and substantial liabilities.
Cash Flow
45
Neutral
Meiragtx Holdings' cash flow situation shows significant negative free cash flow, driven by high capital expenditures and negative operating cash flow. While there has been an influx of cash from financing activities, the reliance on external funding could pose sustainability issues in the long term. The operating cash flow to net income ratio reflects the ongoing cash burn typical in early-stage biotech firms.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue34.51M33.28M14.02M15.92M37.70M15.56M
Gross Profit12.61M9.49M14.02M7.20M29.83M15.56M
EBITDA-141.78M-121.69M-57.05M-115.95M-71.40M-53.68M
Net Income-167.33M-147.79M-84.03M-142.88M-71.98M-53.96M
Balance Sheet
Total Assets224.01M269.75M326.74M318.24M320.16M363.70M
Cash, Cash Equivalents and Short-Term Investments66.52M103.66M129.57M115.52M137.70M209.52M
Total Debt3.30M84.80M89.26M92.25M23.73M22.25M
Total Liabilities190.91M201.92M188.57M200.50M134.76M125.14M
Stockholders Equity33.10M67.83M138.18M117.74M185.40M238.56M
Cash Flow
Free Cash Flow-109.57M-109.45M-125.54M-118.06M-65.75M-100.99M
Operating Cash Flow-104.58M-104.50M-105.36M-73.10M-10.53M-63.97M
Investing Cash Flow-5.57M23.48M34.03M-44.96M-61.72M-37.02M
Financing Cash Flow57.52M54.53M84.02M95.20M1.71M82.73M

Meiragtx Holdings Technical Analysis

Technical Analysis Sentiment
Positive
Last Price7.51
Price Trends
50DMA
6.05
Positive
100DMA
6.33
Positive
200DMA
6.06
Positive
Market Momentum
MACD
0.30
Negative
RSI
71.28
Negative
STOCH
79.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MGTX, the sentiment is Positive. The current price of 7.51 is above the 20-day moving average (MA) of 6.51, above the 50-day MA of 6.05, and above the 200-day MA of 6.06, indicating a bullish trend. The MACD of 0.30 indicates Negative momentum. The RSI at 71.28 is Negative, neither overbought nor oversold. The STOCH value of 79.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MGTX.

Meiragtx Holdings Risk Analysis

Meiragtx Holdings disclosed 78 risk factors in its most recent earnings report. Meiragtx Holdings reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Meiragtx Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$603.54M-216.14%203.23%-80.71%
57
Neutral
$557.51M-31.46%6.11%-37.79%
52
Neutral
$468.51M-75.39%-35.92%-62.11%
49
Neutral
$950.74M91.25%-17.75%-19.17%
49
Neutral
AU$2.49B4.37-64.25%2.83%36.51%13.14%
47
Neutral
$789.47M-241.16%6.30%29.17%
46
Neutral
$546.28M0.71%91657.69%97.21%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
MGTX
Meiragtx Holdings
7.51
3.42
83.62%
QURE
uniQure
14.42
10.64
281.48%
AKBA
Akebia Therapeutics
3.62
2.67
281.05%
TBPH
Theravance Biopharma
11.15
2.31
26.13%
CAPR
Capricor Therapeutics
10.25
5.48
114.88%
KROS
Keros Therapeutics
13.45
-28.23
-67.73%

Meiragtx Holdings Corporate Events

M&A TransactionsBusiness Operations and StrategyRegulatory Filings and Compliance
MeiraGTx Gains UK Approval for Hologen Transactions
Neutral
Jun 26, 2025

MeiraGTx Holdings plc has received the necessary clearances and approvals under the UK’s foreign direct investment laws for its proposed transactions with Hologen Limited, which were initiated on March 9, 2025. These transactions are anticipated to conclude in July 2025, potentially impacting the company’s operational and strategic positioning in the market.

The most recent analyst rating on (MGTX) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on Meiragtx Holdings stock, see the MGTX Stock Forecast page.

Product-Related AnnouncementsRegulatory Filings and Compliance
MeiraGTx Holdings Receives FDA RMAT Designation for AAV-GAD
Positive
May 9, 2025

On May 9, 2025, MeiraGTx Holdings announced that the FDA granted RMAT designation to AAV-GAD for treating Parkinson’s disease, based on positive data from clinical studies. This designation facilitates accelerated approval processes and highlights the potential of AAV-GAD as a one-time treatment, offering significant benefits for Parkinson’s patients not adequately controlled by existing medications.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 05, 2025