Its valuation is considered fairly valued, Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at max_target_price.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Mind Medicine (MindMed) Inc's Score
Industry at a Glance
Industry Ranking
220 / 501
Overall Ranking
391 / 4682
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
12
analysts
Buy
Current Rating
25.636
Target Price
+97.20%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Mind Medicine (MindMed) Inc Highlights
StrengthsRisks
Mind Medicine (MindMed) Inc. is a late-stage clinical biopharmaceutical company developing novel product candidates to treat brain health disorders. The Company is developing a pipeline of product candidates, with and without acute perceptual effects, targeting neurotransmitter pathways that play key roles in brain health. This specifically includes pharmaceutically optimized product candidates derived from the psychedelic and empathogen drug classes, including MM120 and MM402, its lead product candidates. Its lead product candidate, MM120, is a proprietary, pharmaceutically optimized form of lysergide D-tartrate that the Company is developing for the treatment of generalized anxiety disorder and major depressive disorder. Its second lead product candidate, MM402, also referred to as R(-)-MDMA, is its proprietary form of the R-enantiomer of 3,4-methylenedioxymethamphetamine (MDMA), which the Company is developing for the treatment of autism spectrum disorder (ASD).
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Undervalued
The company’s latest PE is -9.78, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 42.43M shares, decreasing 12.21% quarter-over-quarter.
Mind Medicine (MindMed) Inc. is a late-stage clinical biopharmaceutical company developing novel product candidates to treat brain health disorders. The Company is developing a pipeline of product candidates, with and without acute perceptual effects, targeting neurotransmitter pathways that play key roles in brain health. This specifically includes pharmaceutically optimized product candidates derived from the psychedelic and empathogen drug classes, including MM120 and MM402, its lead product candidates. Its lead product candidate, MM120, is a proprietary, pharmaceutically optimized form of lysergide D-tartrate that the Company is developing for the treatment of generalized anxiety disorder and major depressive disorder. Its second lead product candidate, MM402, also referred to as R(-)-MDMA, is its proprietary form of the R-enantiomer of 3,4-methylenedioxymethamphetamine (MDMA), which the Company is developing for the treatment of autism spectrum disorder (ASD).
Ticker SymbolMNMD
CompanyMind Medicine (MindMed) Inc
CEOBarrow (Robert B)
Websitehttps://ir.mindmed.co/
FAQs
What is the current price of Mind Medicine (MindMed) Inc (MNMD)?
The current price of Mind Medicine (MindMed) Inc (MNMD) is 13.430.
What is the symbol of Mind Medicine (MindMed) Inc?
The ticker symbol of Mind Medicine (MindMed) Inc is MNMD.
What is the 52-week high of Mind Medicine (MindMed) Inc?
The 52-week high of Mind Medicine (MindMed) Inc is 14.430.
What is the 52-week low of Mind Medicine (MindMed) Inc?
The 52-week low of Mind Medicine (MindMed) Inc is 4.700.
What is the market capitalization of Mind Medicine (MindMed) Inc?
The market capitalization of Mind Medicine (MindMed) Inc is 1.03B.
What is the net income of Mind Medicine (MindMed) Inc?
The net income of Mind Medicine (MindMed) Inc is -108.68M.
Is Mind Medicine (MindMed) Inc (MNMD) currently rated as Buy, Hold, or Sell?
According to analysts, Mind Medicine (MindMed) Inc (MNMD) has an overall rating of Buy, with a price target of 25.636.
What is the Earnings Per Share (EPS TTM) of Mind Medicine (MindMed) Inc (MNMD)?
The Earnings Per Share (EPS TTM) of Mind Medicine (MindMed) Inc (MNMD) is -1.982.