MannKind Corporation (MNKD)
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]
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 StatementsAnalyst 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.
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, ...
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.
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.
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...
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.
MannKind to Present at 2024 UBS Healthcare Conference
DANBURY, Conn. and WESTLAKE VILLAGE, Calif.
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 ...
MannKind Corporation to Hold 2024 Third Quarter Financial Results Conference Call on November 7, 2024
DANBURY, Conn. and WESTLAKE VILLAGE, Calif.
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
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...
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...
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
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...
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...
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.
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...
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.
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.
MannKind Corporation to Hold 2024 Second Quarter Financial Results Conference Call on August 7, 2024
DANBURY, Conn. and WESTLAKE VILLAGE, Calif.
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...
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
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...
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
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 ...
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...