50 /100
MEDIUM RISK
Score updated Jul 13, 2026

MDGL — Madrigal Pharmaceuticals, Inc. Dilution Risk Tracker

Track MDGL dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of July 13, 2026, Madrigal Pharmaceuticals, Inc. (MDGL) has a DilutionWatch DilutionScore of 50/100, rated MEDIUM dilution risk. Madrigal Pharmaceuticals, Inc. has a market capitalization of $11.46B, 23.06M shares outstanding, 384 institutional holders tracked. Key dilution vectors include 4.6K outstanding warrants, approximately 6 months of cash runway.

Source: DilutionWatch (dilutionwatch.com) — data updated daily from SEC EDGAR filings. Not financial advice.

📊 Score Breakdown

📋 Offering Ability
22
💰 Cash Runway
85
📊 Float Risk
50
⚠️ Warrant Exposure
15
🔄Convertible Debt

🌦️ Dilution Forecast

Watch
Minor dilution signals detected
17%
💰 Capital Raise 35%
• Low cash runway: 6 months remaining
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💹 Market Data

Market Cap$11.46B
Shares Outstanding23.06M
Float12.91M
Cash$227.03M
Debt$340.33M
Short InterestN/A

🏛 Institutional Holdings

QoQ: ↑ 24.9% shares (2026Q1 vs prior)
384 institutional holders · 30.98M shares
#1 JANUS HENDERSON GROUP PLC 4.04M shares
#2 Avoro Capital Advisors LLC 3.63M shares
#3 BAKER BROS. ADVISORS LP 2.14M shares
+ 17 more holders Sign up free to view →

📉 Short Interest

Short Interest3.53M
Days to Cover6.2
% of Float27.3%
FINRA data as of Jun 30, 2026

📁 Recent SEC Activity

xbrl XBRL WARRANT Dec 31, 2023
xbrl XBRL CONVERTIBLE May 09, 2022
Full SEC filing analysis available with free account

📰 Recent News

No recent news

📋 What This Means for MDGL Shareholders

Madrigal Pharmaceuticals, Inc. (MDGL) has a DilutionScore of 50/100, rated Medium dilution risk. This tier indicates some dilution exposure — often an older shelf registration with remaining capacity, warrants not yet exercised, or a cash position that will require monitoring over the next several quarters. Score as of July 13, 2026.

Cash runway is a key watch item: MDGL has approximately 6 months of runway at current burn rate. Companies with less than 18 months of runway are statistically more likely to file new shelf registrations or ATM programs within the next two quarters. DilutionWatch monitors SEC 10-Q filings to update this estimate each quarter.

DilutionWatch tracks over 25 SEC filing types for MDGL in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for MDGL alongside comparable medium-risk stocks. Not financial advice — this analysis is for informational purposes only.

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🔬 More Research for MDGL
📊 MDGL FDA Catalyst Timeline & Biotech Grade — BiotechSigns 📡 MDGL Signal Convergence & Dark Pool Activity — StonkWhisper

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