MannKind Corporation (MNKD)

NASDAQ: MNKD · Real-Time Price · USD
6.85
+0.55 (8.73%)
Dec 20, 2024, 4:00 PM EST - Market closed
8.73%
Market Cap 1.89B
Revenue (ttm) 267.20M
Net Income (ttm) 21.57M
Shares Out 275.78M
EPS (ttm) 0.08
PE Ratio 86.40
Forward PE 46.44
Dividend n/a
Ex-Dividend Date n/a
Volume 6,930,771
Open 6.34
Previous Close 6.30
Day's Range 6.30 - 7.07
52-Week Range 3.17 - 7.63
Beta 1.27
Analysts Strong Buy
Price Target 8.71 (+27.15%)
Earnings Date Nov 7, 2024

About MNKD

MannKind Corporation, a biopharmaceutical company, focuses on the development and commercialization of inhaled therapeutic products for endocrine and orphan lung diseases in the United States. It offers Afrezza, an inhaled insulin used to improve glycemic control in adults with diabetes, and the V-Go wearable insulin delivery device, which provides continuous subcutaneous infusion of insulin in adults. The company’s product pipeline also includes Tyvaso DPI (Treprostinil), an inhalation powder for the treatment of pulmonary arterial hypertensio... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jul 28, 2004
Employees 414
Stock Exchange NASDAQ
Ticker Symbol MNKD
Full Company Profile

Financial Performance

In 2023, MannKind's revenue was $198.96 million, an increase of 99.42% compared to the previous year's $99.77 million. Losses were -$11.94 million, -86.34% less than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for MNKD stock is "Strong Buy." The 12-month stock price forecast is $8.71, which is an increase of 27.15% from the latest price.

Price Target
$8.71
(27.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MannKind Corporation: A Speculative Buy On IPF And Diabetes Markets

MannKind Corporation is a biopharmaceutical company focused on inhaled therapies for endocrine and orphan lung diseases. MNKD's revenue growth is driven by Tyvaso DPI royalties and Afrezza expansion, ...

4 days ago - Seeking Alpha

MannKind Announces Six-Month Results From Phase 3 INHALE-1 Pediatric Diabetes Trial Utilizing Inhaled Insulin (Afrezza®)

Company plans to meet with FDA regarding potential sNDA submission in 1H 2025 Call planned today at 8:30 a.m. (ET) to discuss company's diabetes program progression DANBURY, Conn.

5 days ago - GlobeNewsWire

CDSCO Approves Afrezza® (insulin human) Inhalation Powder in India

India has the 2 nd highest burden of diabetes worldwide CDSCO decision follows existing approvals in the U.S.A. and Brazil MannKind expects to ship product for Cipla Ltd.

10 days ago - GlobeNewsWire

MannKind Corporation (MNKD) Q3 2024 Earnings Conference Call Transcript

MannKind Corporation (NASDAQ:MNKD) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Michael Castagna - CEO Chris Prentiss - CFO Conference Call Participants Andreas A...

6 weeks ago - Seeking Alpha

MannKind Corporation Reports 2024 Third Quarter Financial Results and Provides Business Update

Conference Call to Begin Today at 4:30 p.m. (ET) 3Q 2024 Total revenues of $70M; +37% vs.

6 weeks ago - GlobeNewsWire

MannKind to Present at 2024 UBS Healthcare Conference

DANBURY, Conn. and WESTLAKE VILLAGE, Calif.

6 weeks ago - GlobeNewsWire

MannKind Successfully Completes Phase 1 Trial of Nintedanib DPI for Pulmonary Fibrotic Diseases

Met primary objective demonstrating nintedanib DPI was safe and well tolerated Participants did not experience adverse events typically reported with oral nintedanib Expect to meet with the FDA in 1H ...

6 weeks ago - GlobeNewsWire

MannKind Corporation to Hold 2024 Third Quarter Financial Results Conference Call on November 7, 2024

DANBURY, Conn. and WESTLAKE VILLAGE, Calif.

7 weeks ago - GlobeNewsWire

First Site Initiated in Australia for MannKind's Phase 3 Clinical Trial Evaluating Clofazimine Inhalation Suspension for the Treatment of Nontuberculous Mycobacterial (NTM) Lung Disease

First Site Initiated in Australia for MannKind's Phase 3 Clinical Trial Evaluating Clofazimine Inhalation Suspension for the Treatment of NTM Lung Disease

7 weeks ago - GlobeNewsWire

MannKind Leverages Tyvaso DPI Strength In Pulmonary Market Expansion

MannKind's stock has surged 73%, driven by its 9% royalty stake in United Therapeutics' Tyvaso DPI, which excels in the PAH market. In Q2 2024, MannKind's revenues rose 49% year-over-year to $72 milli...

2 months ago - Seeking Alpha

More Adults With Type 1 Diabetes Achieved A1C Goal (

30-week results from the Phase 4 INHALE-3 study expand upon the positive 17-week data presented earlier this year at the American Diabetes Association's 84 th Scientific Sessions Switching to, or rema...

2 months ago - GlobeNewsWire

MannKind Announces Clearance from PMDA to Initiate Phase 3 Clinical Trial (ICoN-1) in Japan Evaluating Clofazimine Inhalation Suspension for the Treatment of Nontuberculous Mycobacterial (NTM) Lung Disease

MannKind Announces Clearance from PMDA to Initiate Phase 3 Clinical Trial (ICoN-1) in Japan Evaluating Clofazimine Inhalation Suspension for the Treatment

3 months ago - GlobeNewsWire

MannKind to Present at 2024 Cantor Fitzgerald Global Healthcare Conference

DANBURY, Conn. and WESTLAKE VILLAGE, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- MannKind Corporation (Nasdaq: MNKD), a company focused on the development and commercialization of innovative inhaled th...

3 months ago - GlobeNewsWire

MannKind to Present at Upcoming Conferences

DANBURY, Conn. and WESTLAKE VILLAGE, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- MannKind Corporation (Nasdaq: MNKD), a company focused on the development and commercialization of innovative inhaled the...

4 months ago - GlobeNewsWire

Kent Kresa to Retire from MannKind's Board of Directors; Steven B. Binder to be Appointed to the Board

DANBURY, Conn. and WESTLAKE VILLAGE, Calif.

4 months ago - GlobeNewsWire

MannKind Corporation (MNKD) Q2 2024 Earnings Call Transcript

MannKind Corporation (NASDAQ:MNKD) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Michael Castagna - CEO Chris Prentiss - CFO Conference Call Participants Olivia Bray...

4 months ago - Seeking Alpha

MannKind Corporation Reports 2024 Second Quarter Financial Results: Provides Clinical Development Update

2Q 2024 Total revenues of $72M; +49% vs. 2Q 2023 YTD 2024 Total revenues of $139M; +55% vs.

4 months ago - GlobeNewsWire

MannKind Launches Educational Website to Raise Awareness of NTM Lung Disease

LearnAboutNTM.com provides information and resources for patients and caregivers Site launch in support of World NTM Awareness Day, August 4 DANBURY, Conn. and WESTLAKE VILLAGE, Calif.

5 months ago - GlobeNewsWire

MannKind Corporation to Hold 2024 Second Quarter Financial Results Conference Call on August 7, 2024

DANBURY, Conn. and WESTLAKE VILLAGE, Calif.

5 months ago - GlobeNewsWire

INHALE-3 Study Reveals Positive Readout in Head-to-Head Comparison of Inhaled Insulin vs. Usual Care in T1D; New Data Presented at American Diabetes Association's 84th Scientific Sessions

Study proves inhaled insulin is as effective as usual care (primarily automated insulin delivery pumps or multiple daily injections) for adults living with T1D meeting the primary endpoint Patients ut...

6 months ago - GlobeNewsWire

Inhale-3 Study Results to be Presented During a 90-Minute Symposium on Saturday, June 22 at the American Diabetes Association's 84th Scientific Sessions

INHALE-3 STUDY RESULTS TO BE PRESENTED DURING A 90-MINUTE SYMPOSIUM ON SATURDAY, JUNE 22 AT THE AMERICAN DIABETES ASSOCIATION'S 84TH SCIENTIFIC SESSIONS

7 months ago - GlobeNewsWire

Pulmatrix Announces Cross License Agreement and Transfer of Laboratory to MannKind Corporation

Cross license involves Pulmatrix iSPERSE™ technology and MannKind's Cricket® inhalation device. Pulmatrix transferring leased building, all leasehold improvements, laboratory equipment and other relat...

Other symbols: PULM
7 months ago - PRNewsWire

MannKind to Establish Boston-Area Research & Development Foothold and Expand Portfolio of Dry Powder Inhalation Technology in Transaction With Pulmatrix

MANNKIND TO ESTABLISH BOSTON-AREA RESEARCH & DEVELOPMENT FOOTHOLD AND EXPAND PORTFOLIO OF DRY POWDER INHALATION TECHNOLOGY IN TRANSACTION WITH PULMATRIX

7 months ago - GlobeNewsWire

MannKind Corporation (MNKD) Q1 2024 Earnings Call Transcript

MannKind Corporation (NASDAQ:MNKD) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Michael Castagna - Chief Executive Officer Steve Binder - Executive Vice President and ...

8 months ago - Seeking Alpha

MannKind Corporation Reports 2024 First Quarter Financial Results: Provides Clinical Development Update

1Q 2024 Total revenues of $66M; +63% vs. 1Q 2023 1Q 2024 Net income of $11M; Non-GAAP net income of $15M $304M of cash and cash equivalents and investments at March 31, 2024 In early April, repaid Mid...

8 months ago - GlobeNewsWire