Mind Medicine (MindMed) Inc. (MNMD)

NASDAQ: MNMD · Real-Time Price · USD
7.08
-0.08 (-1.12%)
Dec 23, 2024, 10:40 AM EST - Market open
-1.12%
Market Cap 518.82M
Revenue (ttm) n/a
Net Income (ttm) -97.80M
Shares Out 73.33M
EPS (ttm) -1.64
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 212,501
Open 7.24
Previous Close 7.16
Day's Range 6.94 - 7.35
52-Week Range 3.49 - 12.22
Beta 2.38
Analysts Strong Buy
Price Target 28.75 (+306.36%)
Earnings Date Nov 7, 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 9 analysts, the average rating for MNMD stock is "Strong Buy." The 12-month stock price forecast is $28.75, which is an increase of 306.36% from the latest price.

Price Target
$28.75
(306.36% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MindMed to Be Added to the Nasdaq Biotechnology Index

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

4 days ago - Business Wire

MindMed Announces First Patient Dosed in Phase 3 Voyage Study of MM120 in Generalized Anxiety Disorder (GAD)

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

7 days ago - Business Wire

MindMed Scientific Presentations at American College of Neuropsychopharmacology (ACNP) 2024 Congress

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

12 days ago - Business Wire

MindMed Awarded Innovation Passport Designation by the United Kingdom (UK) Innovative Licensing and Access Pathway (ILAP) Steering Group for MM120 Orally Disintegrating Tablet (ODT) for Generalized Anxiety Disorder (GAD)

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

18 days ago - Business Wire

MindMed Appoints Javier Muniz, M.D., as Vice President of Research and Development Strategy

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

20 days ago - Business Wire

MindMed Announces New Employee Inducement Grants

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

21 days ago - Business Wire

MindMed Appoints Gregg Pratt, Ph.D. as Chief Regulatory and Quality Assurance Officer

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

5 weeks ago - Business Wire

MindMed to Participate in Upcoming Investor Conferences

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

5 weeks ago - Business Wire

Mind Medicine: No News = Good News

Mind Medicine's share price has responded very strongly to a third quarter update that contained very little new information. The market appears to have moved to a bullish stance following confirmatio...

6 weeks ago - Seeking Alpha

Mind Medicine (MindMed) Inc. (MNMD) Q3 2024 Earnings Call Transcript

Mind Medicine (MindMed) Inc. (NASDAQ:MNMD) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Stephanie Fagan – Chief Corporate Affairs Officer Rob Barrow – Chief Execu...

6 weeks ago - Seeking Alpha

MindMed Reports Third Quarter 2024 Financial Results and Business Updates

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

6 weeks ago - Business Wire

Mind Medicine: Two Pathways Created From One Pipeline Clinical Candidate

Mind Medicine (MindMed) Inc. is advancing MM-120 for GAD with two phase 3 trials, VOYAGE and PANORAMA, starting in late 2024 and early 2025. MM-120 is also being tested for MDD in the phase 3 EMERGE s...

6 weeks ago - Seeking Alpha

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

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

2 months ago - Business Wire

MindMed to Participate in September Investor Conferences

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

3 months ago - Business Wire

Psychedelic Stocks: Focus On Their Cash

Jason Najum covers the psychedelic space and contextualizes recent news around the FDA, MDMA, PTSD, and Lykos Therapeutics. Why it may be a blessing in disguise for Cybin, COMPASS Pathways, and MindMe...

Other symbols: CMPS
4 months ago - Seeking Alpha

Mind Medicine (MindMed) Inc. (MNMD) Q2 2024 Earnings Call Transcript

Mind Medicine (MindMed) Inc. (NASDAQ:MNMD) Q2 2024 Earnings Conference Call August 13, 2024 8:00 PM ET Company Participants Robert Barrow - CEO Daniel Karlin - CMO Reid Robison - Senior Principal Inv...

4 months ago - Seeking Alpha

MindMed readying Phase III trials for LSD therapy to treat anxiety

MindMed Inc. MNMD, -0.87% said Tuesday it's on track to launch Phase 3 clinical trials with up to 440 people starting later this year for its treatment of generalized anxiety disorder (GAD) through us...

4 months ago - Market Watch

Pacific Defense Announces US Army CMFF Program Team

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Pacific Defense, a leading provider of Modular Open Systems Approach (MOSA) products and mission solutions, announced their team to compete for the U.S. Army's CMO...

Other symbols: MRNS
4 months ago - Business Wire

MindMed Reports Second 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 ...

4 months ago - Business Wire

FDA Rejection of MDMA Therapy Isn't End of Psychedelic-Drug Candidates

The Food and Drug Administration rejected Lykos' application to treat PTSD with MDMA therapy. Atai, Compass Pathways, and MindMed are sliding in the wake of the decision.

4 months ago - Barrons

Psychedelic drug contender stocks drop after FDA rejects MDMA treatment

Shares of companies developing treatments based on psilocybin and other psychedelic drugs moved lower on Monday after the U.S. Food and Drug Administration rejected use of MDMA for post-traumatic stre...

Other symbols: ATAICMPSCYBN
4 months ago - Market Watch

Mind Medicine (MindMed) Inc. Announces Pricing of Public Offering

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...

4 months ago - Business Wire

Mind Medicine (MindMed) Inc. Announces Proposed Public Offering

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...

4 months ago - Business Wire

MindMed And Other Psychedelic Stocks Brace For FDA's Decision On MDMA Therapy

The FDA's decision on MDMA therapy for PTSD is imminent, impacting MindMed investors and the psychedelic medicine industry. An FDA advisory committee voted against approving MDMA therapy, causing mark...

4 months ago - Seeking Alpha

MindMed to Present at Canaccord Genuity's 44th Annual Growth Conference

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...

4 months ago - Business Wire