Mind Medicine (MindMed) Inc. (MNMD)

NASDAQ: MNMD · IEX Real-Time Price · USD
8.22
-0.43 (-4.97%)
At close: May 17, 2024, 4:00 PM
8.39
+0.17 (2.07%)
After-hours: May 17, 2024, 7:46 PM EDT
-4.97%
Market Cap 583.75M
Revenue (ttm) n/a
Net Income (ttm) -125.32M
Shares Out 70.50M
EPS (ttm) -2.94
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 856,591
Open 8.67
Previous Close 8.65
Day's Range 8.22 - 8.78
52-Week Range 2.41 - 12.22
Beta 2.48
Analysts Strong Buy
Price Target 23.00 (+179.81%)
Earnings Date May 8, 2024

About MNMD

Mind Medicine (MindMed) Inc., a clinical stage biopharmaceutical company, develops novel products to treat brain health disorders. The company's lead product candidates include MM-120, which is in phase 2 for the treatment of generalized anxiety disorder and attention deficit hyperactivity disorder; and MM-402, a R-enantiomer of 3,4-methylenedioxymethamphetamine, which is in phase I clinical trials for the treatment of core symptoms of autism spectrum disorder. Mind Medicine (MindMed) Inc. is headquartered in New York, New York. [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2019
Employees 57
Stock Exchange NASDAQ
Ticker Symbol MNMD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for MNMD stock is "Strong Buy." The 12-month stock price forecast is $23.0, which is an increase of 179.81% from the latest price.

Price Target
$23.0
(179.81% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MindMed to Participate at May Investor Conferences

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product candidates to treat b...

8 days ago - Business Wire

New Studies Presented at the International Society for Health Economics and Outcomes Research Meeting (ISPOR 24) Show Growing Burden and Impact of Generalized Anxiety Disorder (GAD) in the US

ATLANTA--(BUSINESS WIRE)---- $MNMD--Researchers from Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product candi...

9 days ago - Business Wire

MindMed Reports First Quarter 2024 Financial Results and Business Updates

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (the "Company" or "MindMed"), a clinical stage biopharmaceutical company developing novel product candidates to treat ...

9 days ago - Business Wire

MindMed Presents Phase 2b Study of MM120 for Generalized Anxiety Disorder (GAD) at American Psychiatric Association (APA) Annual Meeting in New York

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product candidates to treat b...

14 days ago - Business Wire

MindMed to Host Conference Call and Webcast to Discuss First Quarter 2024 Financial Results and Provide Business Update

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product candidates to treat b...

16 days ago - Business Wire

MindMed to Present at Upcoming May Medical Conferences

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product candidates to treat ...

23 days ago - Business Wire

MindMed to Present at Upcoming April Medical Conferences

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (Cboe Canada: MMED), (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product...

6 weeks ago - Business Wire

MindMed Announces Voluntary Delisting from Cboe Canada

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (Cboe Canada: MMED) (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product c...

6 weeks ago - Business Wire

MindMed to Participate in the Leerink Partners 2024 Global Biopharma Conference

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (Cboe Canada: MMED) (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product c...

2 months ago - Business Wire

PLTR, MNMD, ODD: Finding Value in the Market

Hilary Kramer discusses finding value in the market. She talks about her stock picks which include Palantir (PLTR), Mind Medicine (MNMD), Oddity (ODD), Prairie Operating (PROP), Starbucks (SBUX), and ...

Other symbols: ODDPLTR
2 months ago - Schwab Network

Numinus Wellness Congratulates MindMed on Positive Results from Phase 2B Clinical Trials of MM120 for Generalized Anxiety Disorder

VANCOUVER, BC , March 8, 2024 /PRNewswire/ - Numinus Wellness Inc. ("Numinus" or the "Company") (TSX: NUMI) (OTCQX: NUMIF), a mental health care company advancing traditional and innovative behavioral...

2 months ago - PRNewsWire

Mind Medicine (MindMed) Inc. Announces Pricing of Underwritten Offering of Common Shares and Concurrent Private Placement

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (Cboe Canada: MMED) (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product c...

2 months ago - Business Wire

MindMed Receives FDA Breakthrough Therapy Designation and Announces Positive 12-Week Durability Data From Phase 2B Study of MM120 for Generalized Anxiety Disorder

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (Cboe Canada MMED), (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product ...

2 months ago - Business Wire

MindMed to Host Conference Call and Webcast to Discuss Data Update for MM120

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (Cboe Canada: MMED), (the "Company" or "MindMed"), a clinical stage biopharmaceutical company developing novel product...

2 months ago - Business Wire

MindMed Reports 2023 Financial Results and Business Updates

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ:MNMD), (Cboe Canada:MMED), (the "Company" or "MindMed"), a clinical stage biopharmaceutical company developing novel product c...

2 months ago - Business Wire

MindMed to Host Conference Call and Webcast to Discuss 2023 Financial Results and Provide Business Update

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (Cboe Canada: MMED) (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product c...

3 months ago - Business Wire

MindMed to Participate in the 34th Annual Oppenheimer Healthcare Life Sciences Conference

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (Cboe Canada: MMED) (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product c...

3 months ago - Business Wire

MindMed Announces Business Update and Anticipated Milestones for 2024

NEW YORK--(BUSINESS WIRE)--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (NEO: MMED), (the "Company" or "MindMed"), a clinical stage biopharmaceutical company developing novel product candidates to tre...

4 months ago - Business Wire

Why one backer of MDMA therapy sees ‘exponential' growth following FDA approval this year

A financial backer of an effort to legalize the drug MDMA for therapeutic use sees the potential for “exponential growth” should it win approval from the U.S. Food and Drug Administration, possibly ov...

Other symbols: CMPSJNJ
4 months ago - Market Watch

MindMed announces positive results in trial of LSD as a treatment for generalized anxiety disorder

Mind Medicine Inc. MNMD, +3.53% said Thursday a Phase 2 trial testing LSD as a treatment for generalized anxiety disorder met its main goal, showing a statistically significant improvement in scores b...

5 months ago - Market Watch

MindMed Announces Positive Topline Results from Phase 2b Trial of MM-120 in Generalized Anxiety Disorder

NEW YORK--(BUSINESS WIRE)---- $MNMD--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (NEO: MMED), (the “Company” or “MindMed”), a clinical stage biopharmaceutical company developing novel product candida...

5 months ago - Business Wire

MindMed Reports Third Quarter 2023 Financial Results and Business Highlights

NEW YORK--(BUSINESS WIRE)---- $MNMD--MindMed today reported its financial results for the quarter ended September 30, 2023.

7 months ago - Business Wire

MindMed to Host Conference Call and Webcast to Discuss Third Quarter 2023 Financial Results and Provide Business Update

NEW YORK--(BUSINESS WIRE)---- $MNMD--MindMed plans to host a conference call on Thursday, November 2, 2023, at 4:30 p.m. ET.

7 months ago - Business Wire

MindMed Completes Enrollment of Phase 2a Trial of MM-120 in Adults with Attention-Deficit/Hyperactivity Disorder (ADHD)

NEW YORK--(BUSINESS WIRE)---- $MNMD--Enrollment completed for MMED007, the Phase 2a study evaluating repeated low-dose administration of MM-120 for the treatment of adults with ADHD.

7 months ago - Business Wire

MindMed to Present Data on the Preclinical Activity of MM-402 at the 36th Annual European College of Neuropsychopharmacology (ECNP) Congress

NEW YORK--(BUSINESS WIRE)---- $MNMD--MindMed will present preclinical data for MM-402 in a model for autism spectrum disorder.

8 months ago - Business Wire