Mynaric (M0Y.DE) Stock Price

Mynaric Price

Delisted

Revenue has compounded at 50.7% per year over the past 9 years to 4.42 M EUR. Mynaric's net margin stands at -1,668.5%, down from -570.3% several years earlier. Of 9 analysts, 8 rate the stock a buy — an overall Buy consensus.

Mynaric stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Mynaric over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Mynaric stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Mynaric's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Mynaric Stock Price History
DateMynaric Price
Access this data via the Eulerpool API

Mynaric Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
444,000.00 EUR
-7.68 M EUR
-7.67 M EUR
Jan 1, 2020
679,000.00 EUR
-20.13 M EUR
-20.64 M EUR
Jan 1, 2021
2.36 M EUR
-42.36 M EUR
-45.48 M EUR
Jan 1, 2022
4.42 M EUR
-72.26 M EUR
-73.78 M EUR
Jan 1, 2023 (e)
93.05 M EUR
-20.34 M EUR
7.77 M EUR
Jan 1, 2024 (e)
188.21 M EUR
6.09 M EUR
2.39 M EUR
Jan 1, 2025 (e)
465.88 M EUR
2.37 M EUR
700,246.30 EUR
Jan 1, 2026 (e)
1.16 B EUR
930,591.70 EUR
206,912.88 EUR

Mynaric Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 7, 2026, 11:52 PM
 
REVENUEB EUR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB EUR
EBITM EUR
EBIT MARGIN%
NET INCOMEM EUR
NET INCOME GROWTH%
SHARESM
20132014201520162017201820192020202120222023e2024e2025e2026e
0.090.190.471.16
100.002,225.00102.15147.34150.32
-800.00100.00200.00300.00-150.00-200.00-200.00-200.00-200.00-200.00
-0.01-0.01-0.01-0.01-0.19-0.38-0.93-2.33
-1.00-6.00-7.00-7.00-20.00-42.00-72.00-20.006.002.00
-600.00-700.00-2,100.00-1,800.00-21.513.190.43
-1.00-6.00-7.00-7.00-20.00-45.00-73.007.002.00
500.0016.67185.71125.0062.22-109.59-71.43
2.202.202.252.252.772.772.833.354.255.445.445.445.445.44
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Mynaric generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Mynaric retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Mynaric's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Mynaric has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Mynaric's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Mynaric stock margins

The Mynaric margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Mynaric. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Mynaric.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
238.71 %
-570.28 %
-570.26 %
Jan 1, 2019
983.33 %
-1,729.73 %
-1,726.80 %
Jan 1, 2020
491.31 %
-2,964.51 %
-3,040.06 %
Jan 1, 2021
-131.04 %
-1,798.90 %
-1,931.08 %
Jan 1, 2022
-196.40 %
-1,634.08 %
-1,668.52 %
Jan 1, 2023 (e)
-196.40 %
-21.86 %
8.35 %
Jan 1, 2024 (e)
-196.40 %
3.24 %
1.27 %
Jan 1, 2025 (e)
-196.40 %
0.51 %
0.15 %

Mynaric Stock Revenue, EBIT, Earnings per Share

The Mynaric earnings per share therefore indicates how much revenue Mynaric has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
0.49 EUR
-2.81 EUR
-2.81 EUR
Jan 1, 2019
0.16 EUR
-2.71 EUR
-2.71 EUR
Jan 1, 2020
0.20 EUR
-6.01 EUR
-6.16 EUR
Jan 1, 2021
0.55 EUR
-9.97 EUR
-10.70 EUR
Jan 1, 2022
0.81 EUR
-13.29 EUR
-13.57 EUR
Jan 1, 2023 (e)
17.75 EUR
-3.74 EUR
1.48 EUR
Jan 1, 2024 (e)
35.90 EUR
1.12 EUR
0.46 EUR
Jan 1, 2025 (e)
88.86 EUR
0.44 EUR
0.13 EUR

Mynaric business model & stock analysis

Mynaric AG is an innovative company specializing in the development and manufacturing of laser communication technologies. The company was founded in 2017 and is based in Munich, Germany. Mynaric currently employs around 100 people and is listed on the Frankfurt Stock Exchange. The history of Mynaric dates back to the developments in the aerospace industry in recent years. The increasing demand for fast and reliable data transmission from satellites has led to the limitations of conventional communication technologies. To address this problem, Mynaric has developed a new technology based on the transmission of data through laser beams. Mynaric's business model is to sell laser communication technology to satellite manufacturers and operators. Mynaric's technology enables satellites to send and receive data in real time and with high reliability. This allows for more efficient and cost-effective satellite operations. Mynaric is one of the leading providers of laser communication technology in Europe and has already signed contracts with various satellite manufacturers and operators. The different divisions of Mynaric include the development and manufacturing of satellite laser terminals, as well as the development of aerial laser terminals and optical ground stations. Mynaric's satellite laser terminal equipment consists of a transceiver module that is integrated into satellites. This module enables the transmission of data as laser beams. The aerial laser terminal equipment is integrated into large drones and enables the fast transmission of data in emergencies or in areas with limited infrastructure. The optical ground stations are used for data transmission from satellites and are directly connected to the internet. An important product of Mynaric is the Mynaric Key Long Range (KLR) Laser. This laser allows satellites to transmit data over long distances and at high speeds. The laser is capable of transmitting data at speeds of up to 1.8 Gbps. Additionally, Mynaric is also developing a variety of specialized lasers for various applications, such as for aerial laser terminal equipment. In summary, Mynaric AG is an innovative and emerging company specializing in the development and manufacturing of laser communication technologies. By developing a novel technology based on laser beams, Mynaric has made a significant contribution to improving satellite data transmission. Mynaric's business model is to sell this technology to satellite manufacturers and operators, thus becoming an important player in the aerospace industry.

Mynaric SWOT Analysis

Strengths

Mynaric AG has a strong technological expertise in the development and manufacturing of laser communication products. This expertise gives the company a competitive advantage in the market.

The company has a solid track record of delivering high-performance and reliable laser communication systems, which has gained the trust and loyalty of its customers.

Weaknesses

Mynaric AG depends heavily on a limited number of suppliers for critical components, which could lead to supply chain disruptions and impact their ability to meet customer demand.

The company's current market presence is relatively small compared to its competitors, limiting its ability to negotiate favorable terms and secure large-scale contracts.

Opportunities

The increasing demand for high-speed, secure, and reliable communication systems presents a significant growth opportunity for Mynaric AG to expand its customer base and market share.

The growing space industry and the need for efficient communication infrastructure in satellite operations offer Mynaric AG the opportunity to tap into a thriving market.

Threats

The competitive landscape in the laser communication industry is intensifying, with the presence of well-established players and technological advancements. This poses a threat to Mynaric AG's market position.

Changes in government regulations and policies related to space communication technologies may impact the company's operations and market opportunities.

Mynaric Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Mynaric historical P/E ratio, EBIT multiple, and P/S ratio

Mynaric annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Mynaric shares outstanding

The number of shares of Mynaric was 5.44 M in 2025. This indicates how many shares Mynaric is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
2.77 M Stocks
Jan 1, 2019
2.83 M Stocks
Jan 1, 2020
3.35 M Stocks
Jan 1, 2021
4.25 M Stocks
Jan 1, 2022
5.44 M Stocks
Jan 1, 2023 (e)
5.44 M Stocks
Jan 1, 2024 (e)
5.44 M Stocks
Jan 1, 2025 (e)
5.44 M Stocks

Current Mynaric forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
88.89 % (8)
Hold
11.11 % (1)
Sell
0.00 % (0)
12M Price Target
66.81
Last Price
0.00
Currency
EUR
12M Return Potential
0 %
LTM Return
0 %

Mynaric Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/19/2022-3.07EUR--EUR-2022 Q2
4/4/2022-4.18EUR--EUR-2021 Q4

Mynaric shareholder structure

% Name
7.80656%
L3harris Technologies Inc
L3harris Technologies Inc
0.68944%
Erste Asset Management GmbH
Erste Asset Management GmbH
0.26703%
Mandarine Gestion
Mandarine Gestion
0.19073%
Ersel Asset Management SGR S.p.A.
Ersel Asset Management SGR S.p.A.
0.08011%
Heidenheimer Volksbank eG
Heidenheimer Volksbank eG
0.07650%
NHP Asset Management AG
NHP Asset Management AG

Mynaric Supply Chain

Mynaric Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
1 companies
#NameTrend
1
Electro Optic Sys Hldgs
Customer·Aerospace & Defense·AU
0.21
0.40
0.36
0.50
0.92
0.63

Frequently asked questions about Mynaric

Mynaric AG is a leading provider of laser communication technologies for the aerospace market. The company's business model revolves around developing, manufacturing, and selling laser communication products that enable high-speed, secure, and long-range data transmission between satellites, aircraft, and ground stations. By leveraging its expertise in laser technology, Mynaric AG aims to revolutionize the way data is transmitted in space and aviation industries. With a focus on innovation, quality, and reliability, Mynaric AG is committed to delivering cutting-edge solutions and driving the advancement of global connectivity.

Mynaric AG is primarily active in the telecommunications and aerospace industries.

The main competitors of Mynaric AG in the market include companies such as SpaceX, Amazon, and Facebook. These companies are also focused on developing and providing advanced communication solutions using laser-based technology. However, Mynaric AG distinguishes itself by offering high-performance laser communication terminals, delivering reliable and secure connectivity for a wide range of applications, including satellite communication, airborne platforms, and autonomous systems. With its cutting-edge solutions and customer-centric approach, Mynaric AG continues to position itself as a key player in the market, maintaining a competitive edge against its industry rivals.

Mynaric AG is a leading company in the field of laser communication technology. Established in 2009, Mynaric has rapidly gained recognition for its innovative solutions. The company specializes in developing and manufacturing laser communication products that enable high-speed and secure data transfer between various assets, such as satellites, aircraft, and unmanned aerial vehicles. Mynaric's cutting-edge technology has already found applications in various industries, including aerospace and defense. With a strong emphasis on research and development, Mynaric has built a solid reputation for its expertise and its commitment to advancing the field of laser communication. Mynaric AG is poised to remain at the forefront of this exciting technology in the future.

Mynaric AG has achieved several significant milestones in its history. The company successfully developed and launched its first laser communication product, the Mynaric Laser Communication Terminal. They also established collaborations with prominent partners, including the European Space Agency (ESA) and NASA. Mynaric collaborated with Thales Alenia Space to deliver an optical communication subsystem for a commercial satellite constellation. The company expanded its global reach by opening offices in the United States and Singapore. Mynaric AG also secured multimillion-euro contracts with leading players in the aerospace and defense industries, further solidifying its position as a pioneer in laser communication technology.

Mynaric AG is primarily present in Germany, the United States, and China.

Mynaric AG is a leading provider of laser communication technologies, enabling high-speed, secure, and reliable data transmission. The company's values revolve around innovation, excellence, and dedication to advancing connectivity solutions. Mynaric emphasizes a customer-centric approach, ensuring its products meet the evolving demands of industries such as aerospace and defense. With a strong corporate philosophy centered on cutting-edge technology and fostering strategic partnerships, Mynaric AG aims to revolutionize communication networks with its groundbreaking solutions.

9 analysts currently rate the Mynaric stock: 8 recommend buying, 1 holding and 0 selling.

The Mynaric share (M0Y.DE) is listed on 7 stock exchanges, including: XETRA (M0Y.DE), Frankfurt (M0Y.F), München (M0Y.MU), Düsseldorf (M0Y.DU), Hamburg (M0Y.HM), London (0AR9.L), SIX (Zürich) (M0Y.SW).

Mynaric AG is a German company specializing in the development, production, and sale of laser terminals for communication between satellites, drones, and other devices. The company was founded in Germany in 2017 and is headquartered in Berlin. The business model of Mynaric is to offer a reliable, fast, and cost-effective communication solution for satellites, drones, autonomous vehicles, and similar devices. Mynaric specializes in transmitting data, video, and voice using laser beams. The company offers two different types of laser terminals: airborne and terrestrial. The airborne laser terminal from Mynaric is an aircraft-mounted unit designed specifically for communication between flying devices. It can transmit information in real-time and enables fast transmission of data, video, and voice over long distances. The terrestrial laser terminal from Mynaric is a ground-mounted unit designed for communication between satellites and other stations on Earth. This unit is designed to function efficiently even in remote areas and is extremely stable. Within Mynaric's business model, there are several areas that distinguish the company. Firstly, Mynaric uses innovative technology. The use of lasers allows for data transmission over long distances and in real-time. Additionally, the use of laser beams enables higher transmission speeds and better data security compared to other wireless transmission technologies. Furthermore, the company also stands out by offering high user benefits. The laser terminals from Mynaric allow satellite networks to be operated faster, more stably, and more cost-effectively. The laser terminals can also be used in hard-to-reach areas where conventional transmission technologies have limitations. Mynaric's business model also includes high flexibility, as the company offers customized solutions for each customer. Individual laser terminals are tailored to the specific needs of the customers. Lastly, Mynaric also offers high scalability to its customers. The current capacity of Mynaric's laser terminals is scalable to several 100 GBit/s. This means that they can also be flexibly deployed in the growing number of users and devices without causing any delay or disruption. In summary, Mynaric's business model offers an innovative, comprehensive, and customer-specific solution that allows companies to quickly, safely, and efficiently connect on a global level. Mynaric aims to continuously improve the technology and enable faster and more reliable data transmission.

The revenue cannot currently be calculated for Mynaric.

The profit cannot currently be calculated for Mynaric.

The P/E ratio cannot be calculated for Mynaric at the moment.

The P/S cannot be calculated for Mynaric currently.

The Eulerpool Quality Score for Mynaric is 3/10.

The ISIN of Mynaric is DE000A0JCY11. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Mynaric is A0JCY1. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Mynaric is M0Y.DE. The ticker symbol is used to trade Mynaric shares on the stock exchange.

Mynaric is assigned to the 'Industry' sector.

The dividends of Mynaric are distributed in EUR.

All fundamentals and in-depth analysis of Mynaric

Our stock analysis for Mynaric stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mynaric. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.