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MGTXMeiraGTx Holdings plcHold7.0·$14.34-1.38%

MeiraGTx Holdings (MGTX) Q2 2026 earnings — TrendMatrix coverage

BEAT+697.3% vs estimateEPS $2.52 vs -$0.42 estVerdict SellHold

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$2.52
Estimate
-$0.42
Surprise
+697.3%
Revenue (period 2026-06-30)
$321.4M
Score at report (before → after)
5.35.7/10

Revenue source: xbrl.

Report record · Q2 2026

How the report landed

MeiraGTx Holdings (MGTX) beat the -$0.42 estimate with diluted EPS of $2.52 — a large 697.3% upside surprise. TrendMatrix's engine moved from Sell (5.3/10) to Hold at 5.7/10 after the report.

Around the report

Coverage in the report window

  • RBC Capital Maintains Outperform on MeiraGTx Holdings, Raises Price Target to $27benzinga, 2026-08-14
  • MeiraGTx Hldgs Q2 EPS $1.71 Beats $(0.46) Estimate, Sales $321.434M Beat $12.476M Estimatebenzinga, 2026-08-13
  • MeiraGTx Hldgs Q2 Sales $321.434M Beat $12.476M Estimatebenzinga, 2026-08-13
Current read · as of 2026-08-23

Where TrendMatrix's rating stands now

TrendMatrix currently rates MGTX Hold at 7.0/10.

2 of the last 4 quarters beat the estimate; this quarter's +697.3% surprise compares with a +193.5% four-quarter average. Next scheduled report: 2026-11-12.

What supports the rating

  • High-quality business
  • Attractive valuation

What argues against it

  • Consecutive earnings misses (2)
  • Overbought (RSI 77)
  • News modifier -1: STRONG_BUY_WAIT → HOLD_IF_HOLDING

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$14.34
Price target
$25.60
Stop
$13.34
Upside to target
+78.5%
Reward-to-risk
5.2:1

Risk check: RSI 77 — a level conventionally read as overbought; gains at these levels often lean on momentum.

Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.

Healthcare context

MGTX at TrendMatrix's latest read

Healthcare earnings trade on pipeline and payer dynamics as much as the quarter itself; a beat or miss is weighed against trial and reimbursement news.

Industry
Biotechnology
Market cap
$1.38B
P/E (fwd)
-10.3
P/E (ttm)
16.7
52-week range
$6.62$15.35
Off 52-week high
6.6%
RSI (14)
77
Volume vs avg
1.11×
Score today
7.0/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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