The seminal experimental discovery of remarkably stable MoSi 2 N 4 monolayer has led to a handful of predicted magnetic 2D materials in the MA 2 Z 4 family (M = transition metals, A = Si, Ge, and Z = N, P, As). These magnetic monolayers were predicted to be dynamically stable, but none of them has been synthesized to date. In this work, from the first-principles thermodynamic stability analysis, we demonstrate that only the nitrides are thermodynamically stable under N-rich conditions. Based on this finding, we propose two new ferromagnetic, semiconducting Janus monolayers in the family: VSiGeN 4 and VSiSnN 4 . They are both dynamically and thermally stable but only the former is further thermodynamically stable. Intriguingly, unlike those easy-plane ferromagnetic MA 2 Z 4 monolayers, the Janus VSiSnN 4 monolayer exhibits a