Bright Minds Biosciences Inc. (CSE:DRUG)

Canada flag Canada · Delayed Price · Currency is CAD
84.47
-0.73 (-0.86%)
Jun 15, 2026, 5:26 PM EST
Market Cap828.82M +130.7%
Revenue (ttm)n/a
Net Income-27.35M
EPS-3.46
Shares Out 9.81M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume621
Open85.57
Previous Close85.20
Day's Range83.25 - 85.57
52-Week Range33.01 - 170.00
Beta-0.11
AnalystsStrong Buy
Price Target139.33 (+64.95%)
Earnings DateAug 13, 2026

About Bright Minds Biosciences

Bright Minds Biosciences Inc., a biotechnology company, develops therapeutics to improve the lives of patients with severe and life-altering diseases in the United States. Its portfolio includes 5-HT2 Receptors, which are serotonin agonists for epilepsy and neuropsychiatric disorders; and BMB-101, which has completed phase 1 trial for undisclosed seizure disorder and is in phase 2 clinical trials for the developmental and epileptic encephalopathies and absence epilepsies. The company also develops BMB-201 and BMB-202 for the treatment of neurop... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2017
Employees 26
Stock Exchange Canadian Securities Exchange
Ticker Symbol DRUG
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 7 analysts, the average rating for DRUG stock is "Strong Buy." The 12-month stock price target is $139.33, which is an increase of 64.95% from the latest price.

Price Target
$139.33
(64.95% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bright Minds Biosciences Transcript: Jefferies Global Healthcare Conference 2026

Lead 5-HT2C agonist BMB-101 showed robust efficacy and safety in phase II for absence seizures and DEE, with phase III trials starting later this year and data expected in 2024. Market potential is significant, and the asset offers key advantages over competitors in dosing, safety, and mechanism.

12 days ago - Transcripts

Bright Minds Biosciences to Present at Jefferies Global Healthcare Conference

NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) -- Bright Minds Biosciences, Inc. (“Bright Minds,” “BMB” or the “Company”) (NASDAQ: DRUG), a pioneering company focused on developing highly selective 5-HT2 ago...

20 days ago - GlobeNewsWire

Why a $5 Million New Position Signals Confidence in This Epilepsy Drug Pipeline

Bright Minds Biosciences develops serotonin-based therapeutics for neurological and neuropsychiatric conditions in a pre-clinical model.

25 days ago - The Motley Fool

Bright Minds price target raised to $220 from $190 at Piper Sandler

Piper Sandler raised the firm’s price target on Bright Minds (DRUG) to $220 from $190 and keeps an Overweight rating on the shares. The firm caught up with Bright Minds…

27 days ago - TheFly

Bright Minds Biosciences Registration statement: Q2 2026

Bright Minds Biosciences filed a registration statement on May 19, 2026, providing details about a securities offering with the SEC.

27 days ago - Filings

Bright Minds Biosciences Registration statement: Q2 2026

Bright Minds Biosciences filed a registration statement on May 19, 2026, providing details about a securities offering with the SEC.

27 days ago - Filings

DRUG Initiates Coverage On Bright Minds Biosciences -- Price Target Announced

DRUG Initiates Coverage On Bright Minds Biosciences -- Price Target Announced

2 months ago - GuruFocus

Bright Minds initiated with a Buy at Jefferies

Jefferies initiated coverage of Bright Minds (DRUG) with a Buy rating and $145 price target The firm says the company’s oral BMB-101 is a potential best-in-class 5-HT2C agonist. BMB-101 has

2 months ago - TheFly

Bright Minds Biosciences Inc at TD Cowen Healthcare Conference Transcript

Bright Minds Biosciences Inc at TD Cowen Healthcare Conference Transcript

3 months ago - GuruFocus

Bright Minds Biosciences Transcript: TD Cowen 46th Annual Health Care Conference

BMB-101 demonstrated strong efficacy and safety in refractory seizure disorders, with phase III trials in epilepsy and Prader-Willi syndrome underway. Both indications are seen as multi-billion dollar opportunities, and recent financing supports multiple upcoming clinical readouts.

3 months ago - Transcripts

Bright Minds price target raised to $145 from $115 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Bright Minds (DRUG) to $145 from $115 and keeps a Buy rating on the shares. The firm says the BREAKTHROUGH Phase 2

3 months ago - TheFly

Bright Minds Biosciences to Present at Upcoming Conferences

NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Bright Minds Biosciences, Inc. (“Bright Minds,” “BMB” or the “Company”) (NASDAQ: DRUG), a pioneering company focused on developing highly selective 5-HT2 ag...

3 months ago - GlobeNewsWire

BTIG Maintains Buy Rating for Bright Minds Biosciences (DRUG) with $147 Target | DRUG Stock News

BTIG Maintains Buy Rating for Bright Minds Biosciences (DRUG) with $147 Target | DRUG Stock News

4 months ago - GuruFocus

Bright Minds price target lowered to $126 from $142 at Baird

Baird lowered the firm’s price target on Bright Minds (DRUG) to $126 from $142 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results

4 months ago - TheFly

Bright Minds Biosciences Registration statement: Q1 2026

Bright Minds Biosciences filed a registration statement on February 11, 2026, providing details about a securities offering with the SEC.

4 months ago - Filings

Bright Minds Biosciences Registration statement: Q1 2026

Bright Minds Biosciences filed a registration statement on February 11, 2026, providing details about a securities offering with the SEC.

4 months ago - Filings

Bright Minds Biosciences Announces Closing of US$175 Million Public Offering

NEW YORK, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Bright Minds Biosciences Inc. (CSE: DRUG) (NASDAQ: DRUG) (“Bright Minds” or the “Company”) today closed its recently announced public offering of 1,945,000 ...

5 months ago - GlobeNewsWire

Bright Minds Biosciences (DRUG) Prices $175M Public Offering

Bright Minds Biosciences (DRUG) Prices $175M Public Offering

5 months ago - GuruFocus

Bright Minds Biosciences Announces Pricing of Upsized US$175 Million Public Offering of Common Stock

NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Bright Minds Biosciences Inc. (CSE: DRUG) (NASDAQ: DRUG) (“Bright Minds” or the “Company”) announces the pricing of its previously announced public offering...

5 months ago - GlobeNewsWire

Bright Minds price target raised to $142 from $82 at Baird

Baird raised the firm’s price target on Bright Minds (DRUG) to $142 from $82 and keeps an Outperform rating on the shares. The firm updated its model following the release

5 months ago - TheFly

Bright Minds price target raised to $147 from $72 at BTIG

BTIG raised the firm’s price target on Bright Minds (DRUG) to $147 from $72 and keeps a Buy rating on the shares. The first readout for BMB-101 in absence seizures

5 months ago - TheFly

Bright Minds announces $100M common shares offering

Bright Minds (DRUG) Biosciences announced the launch of a public offering of common shares in the capital of the company and, in lieu of common shares to investors that so

5 months ago - TheFly

Bright Minds Biosciences Announces Launch of US$100 Million Public Offering

NEW YORK, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Bright Minds Biosciences Inc. (CSE: DRUG) (NASDAQ: DRUG) (“Bright Minds” or the “Company”) announces the launch of a public offering of common shares in the...

5 months ago - GlobeNewsWire

BTIG Raises Price Target for Bright Minds Biosciences (DRUG) to $147 | DRUG Stock News

BTIG Raises Price Target for Bright Minds Biosciences (DRUG) to $147 | DRUG Stock News

5 months ago - GuruFocus