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Stock impact report

MeiraGTx Holdings plc (NASDAQ:MGTX): Is Breakeven Near? [Yahoo! Finance]

MeiraGTx Holdings plc - Ordinary Shares (MGTX) 
Company Research Source: Yahoo! Finance
MeiraGTx Holdings plc, a clinical stage gene therapy company, focusing on developing treatments for patients with serious diseases. The US$317m market-cap company announced a latest loss of US$84m on 31 December 2023 for its most recent financial year result. As path to profitability is the topic on MeiraGTx Holdings' investors mind, we've decided to gauge market sentiment. Below we will provide a high-level summary of the industry analysts' expectations for the company. View our latest analysis for MeiraGTx Holdings MeiraGTx Holdings is bordering on breakeven, according to the 3 American Biotechs analysts. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$133m in 2025. So, the company is predicted to breakeven just over a year from now. How fast will the company have to grow each year in order to reach the breakeven point by 2025? Working backwards from analyst estimates, it turns out that they expect the company to grow 53% year- Show less Read more
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