BioXcel Therapeutics, Inc. (BTAI)

NASDAQ: BTAI · Real-Time Price · USD
1.220
-0.020 (-1.61%)
At close: May 8, 2026, 4:00 PM EDT
1.210
-0.010 (-0.82%)
After-hours: May 8, 2026, 7:28 PM EDT
Market Cap33.03M +227.0%
Revenue (ttm)642,000 -71.7%
Net Income-69.90M
EPS-5.73
Shares Out 27.07M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume565,031
Open1.220
Previous Close1.240
Day's Range1.190 - 1.260
52-Week Range1.010 - 8.080
Beta0.31
AnalystsStrong Buy
Price Target23.00 (+1,785.25%)
Earnings DateMay 22, 2026

About BTAI

BioXcel Therapeutics, Inc., together with its subsidiary, OnkosXcel Therapeutics LLC, operates as a biopharmaceutical company that utilizes artificial intelligence approaches to develop medicines in neuroscience and immuno-oncology in the United States. The company IGALMI, a sublingual film for the acute treatment of agitation associated with schizophrenia or bipolar I or II disorder in adults. It also develops its neuroscience candidate, BXCL501, which is an investigational, proprietary, orally dissolving sublingual film formulation of dexmede... [Read more]

Sector Healthcare
IPO Date Mar 8, 2018
Employees 29
Stock Exchange NASDAQ
Ticker Symbol BTAI
Full Company Profile

Financial Performance

In 2025, BioXcel Therapeutics's revenue was $642,000, a decrease of -71.67% compared to the previous year's $2.27 million. Losses were -$69.90 million, 17.3% more than in 2024.

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for BTAI stock is "Strong Buy." The 12-month stock price target is $23.0, which is an increase of 1,785.25% from the latest price.

Price Target
$23.0
(1,785.25% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

BioXcel Therapeutics Transcript: Investor update

IGALMI is poised for a major market expansion as the first FDA-approved at-home treatment for acute agitation in bipolar and schizophrenia, with strong support from physicians, patients, and payers. Launch preparations target a Q1 2027 rollout, with ongoing efforts to secure payer access, educate prescribers, and explore partnerships.

16 days ago - Transcripts

BioXcel Therapeutics Announces Virtual Event to Discuss Commercial Launch Plan Based on Market Opportunity Assessment for IGALMI® in the At-Home Setting

Live event to be held on Thursday, April 23, at 2:00 p.m. ET  Company focused on advancing launch strategy ahead of November 14 PDUFA target action date NEW HAVEN, Conn.

22 days ago - GlobeNewsWire

Did BioXcel Therapeutics, Inc. Insiders Breach their Fiduciary Duties to Shareholders?

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible...

4 weeks ago - PRNewsWire

BioXcel Therapeutics enrolls first patients in BXCL501 trial

BioXcel Therapeutics (BTAI) announced the enrollment of the first patients in a U.S. Department of War-funded Phase 2a clinical trial evaluating BXCL501 for the treatment of acute stress reactions, al...

4 weeks ago - TheFly

BioXcel Therapeutics Announces Enrollment of First Patients in U.S. Department of War-Funded Study of BXCL501 (Sublingual Dexmedetomidine) for Treatment of Acute Stress Reactions

DoW-funded Phase 2a trial led by University of North Carolina at Chapel Hill (UNC) Institute for Trauma Recovery  Positive outcomes from trial can potentially impact Veteran Affairs/Department of War ...

4 weeks ago - GlobeNewsWire

BioXcel Therapeutics price target lowered to $5 from $6 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on BioXcel Therapeutics (BTAI) to $5 from $6 and keeps a Buy rating on the shares. The firm cites the company’s recent and

5 weeks ago - TheFly

BioXcel Therapeutics announces FDA acceptance of Igalmi sNDA

BioXcel Therapeutics (BTAI) announced that the FDA has accepted its supplemental new drug application, or sNDA, for approval of Igalmi for at-home use in the acute treatment of agitation associated

5 weeks ago - TheFly

BioXcel Therapeutics Announces Food & Drug Administration Acceptance of Supplemental New Drug Application for Use of IGALMI® in the At-Home Setting

PDUFA target action date of November 14, 2026 Potential first FDA-approved treatment option for the acute treatment of agitation associated with bipolar disorders or schizophrenia in the at-home (outp...

5 weeks ago - GlobeNewsWire

BioXcel Therapeutics reports Q4 EPS (58c), consensus (63c)

Reports Q4 revenue $256,000, consensus $151,520. “2025 was a successful year for our Company, setting the stage for the potential label expansion of IGALMI in the at-home setting and continuing

6 weeks ago - TheFly

BioXcel Therapeutics Reports Fourth Quarter and Full-Year 2025 Financial Results as Company Prepares for Potential IGALMI® Approval in Outpatient Setting

sNDA submitted seeking approval of IGALMI® in the at-home (outpatient) setting for the treatment of acute agitation associated with bipolar disorders or schizophrenia

6 weeks ago - GlobeNewsWire

BioXcel Therapeutics initiated with a Buy at Rodman & Renshaw

Rodman & Renshaw initiated coverage of BioXcel Therapeutics (BTAI) with a Buy rating and $17 price target citing the company’s “differentiated” at-home agitation franchise, expanding BXCL501 neuropsyc...

7 weeks ago - TheFly

BioXcel Therapeutics Announces Closing of $8.0 Million Registered Direct Offering

NEW HAVEN, Conn., March 11, 2026 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (the “Company”) (Nasdaq: BTAI), a biopharmaceutical company built on artificial intelligence to develop transformative m...

2 months ago - GlobeNewsWire

BioXcel Therapeutics Announces Approximately $8.0 Million Registered Direct Offering

NEW HAVEN, Conn., March 10, 2026 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (the “Company”) (Nasdaq: BTAI), a biopharmaceutical company built on artificial intelligence to develop transformative m...

2 months ago - GlobeNewsWire

BioXcel price target lowered to $6 from $10 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on BioXcel Therapeutics (BTAI) to $6 from $10 and keeps a Buy rating on the shares. The firm cites the recent and anticipated

2 months ago - TheFly

BioXcel Therapeutics announces results from Phase 2 trial of BXCL501

BioXcel Therapeutics (BTAI) announced positive topline results from a Phase 2 investigator-sponsored trial evaluating BXCL501 for the treatment of opioid withdrawal symptoms in adults with opioid use ...

2 months ago - TheFly

BioXcel Therapeutics announces results from Phase 2 trial of BXCL501

BioXcel Therapeutics (BTAI) announced positive topline results from a Phase 2 investigator-sponsored trial evaluating BXCL501 for the treatment of opioid withdrawal symptoms in adults with opioid use ...

2 months ago - TheFly

BioXcel Therapeutics Announces Positive Phase 2 Topline Results from Columbia University-Led Study of BXCL501 for Treatment of Opioid Withdrawal

BXCL501 demonstrated clinical benefits and favorable tolerability profile for treatment of opioid withdrawal symptoms   Results from this NIDA-funded study support potential future development of BXCL...

2 months ago - GlobeNewsWire

BioXcel Therapeutics Transcript: Status update

Acute agitation in Alzheimer's dementia is a major unmet need, with current treatments relying on off-label sedatives that pose safety risks. BXCL501, a dexmedetomidine oral film, demonstrated rapid, well-tolerated efficacy in phase III trials and could significantly reduce caregiver burden and emergency visits.

2 months ago - Transcripts

BioXcel Therapeutics to host KOL roundtable on Alzheimer’s dementia

BioXcel Therapeutics (BTAI) will host a virtual key opinion leader roundtable on Friday, February 27, from 2:00 to 3:00 p.m. EST. The event is a continuation of the Company’s awareness

2 months ago - TheFly

BioXcel Therapeutics to Host Virtual Roundtable Featuring Leading Medical Experts Addressing Latest Developments in Treatment of Acute Agitation in Alzheimer's Dementia

Discussion will focus on the high unmet need and the lack of FDA-approved treatment options associated with acute agitation episodes in Alzheimer's dementia Large patient population affected by Alzhei...

2 months ago - GlobeNewsWire

BioXcel completes updated market opportunity assessment for Igalmi

BioXcel Therapeutics (BTAI) announced the completion of an updated market opportunity assessment for Igalmi for acute agitation associated with bipolar disorders or schizophrenia in the at-home settin...

3 months ago - TheFly

BioXcel Therapeutics submits sNDA to U.S. FDA for Igalmi

BioXcel Therapeutics (BTAI) announced it submitted a supplemental New Drug Application, sNDA, to the U.S. Food and Drug Administration, FDA, for the acute treatment of agitation associated with bipola...

3 months ago - TheFly

BioXcel Therapeutics Submits Supplemental New Drug Application to U.S. Food and Drug Administration for IGALMI® Label Expansion in the At-Home Setting

sNDA submission supports the acute treatment of agitation associated with bipolar disorders or schizophrenia in the at-home (outpatient) setting with IGALMI ® Submission timeline supports potential ap...

3 months ago - GlobeNewsWire

Halper Sadeh LLC Encourages BioXcel Therapeutics, Inc. Shareholders to Contact the Firm to Discuss Their Rights

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of BioXcel Therapeutics, Inc. (NASDAQ: BTAI) breached their fiduciary ...

4 months ago - Business Wire

BioXcel Therapeutics appoints Pavao as acting CCO

BioXcel Therapeutics (BTAI) announced the advancement of its commercial planning for IGALMI in the at-home setting. As part of this, Mark Pavao has joined as Acting Chief Commercial Officer, CCO,

4 months ago - TheFly