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Metagenomi Inc has a consensus price target of $15.5 based on the ratings of 7 analysts. The high is $25 issued by Wells Fargo on March 5, 2024. The low is $6 issued by JP Morgan on May 2, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Chardan Capital, and HC Wainwright & Co. on November 21, 2024, November 20, 2024, and October 15, 2024, respectively. With an average price target of $9.67 between HC Wainwright & Co., Chardan Capital, and HC Wainwright & Co., there's an implied 485.86% upside for Metagenomi Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Metagenomi (NASDAQ:MGX) was reported by HC Wainwright & Co. on November 21, 2024. The analyst firm set a price target for $7.00 expecting MGX to rise to within 12 months (a possible 324.24% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Metagenomi (NASDAQ:MGX) was provided by HC Wainwright & Co., and Metagenomi reiterated their buy rating.
There is no last upgrade for Metagenomi
The last downgrade for Metagenomi Inc happened on May 2, 2024 when JP Morgan changed their price target from $16 to $6 for Metagenomi Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Metagenomi, 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 Metagenomi was filed on November 21, 2024 so you should expect the next rating to be made available sometime around November 21, 2025.
While ratings are subjective and will change, the latest Metagenomi (MGX) rating was a reiterated with a price target of $7.00 to $7.00. The current price Metagenomi (MGX) is trading at is $1.65, which is out of the analyst’s predicted range.
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