Mind Medicine (MindMed) Inc. (MNMD)
NASDAQ: MNMD · Real-Time Price · USD
7.05
-0.04 (-0.56%)
At close: Jun 20, 2025, 4:00 PM
7.01
-0.04 (-0.57%)
After-hours: Jun 20, 2025, 7:49 PM EDT
Mind Medicine (MindMed) Stock Forecast
Stock Price Forecast
The 8 analysts that cover Mind Medicine (MindMed) stock have a consensus rating of "Strong Buy" and an average price target of $26.29, which forecasts a 272.91% increase in the stock price over the next year. The lowest target is $14 and the highest is $55.
Price Target: $26.29 (+272.91%)
Analyst Consensus: Strong Buy
* Price targets were last updated on May 9, 2025.
Analyst Ratings
The average analyst rating for Mind Medicine (MindMed) stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Chardan Capital | Chardan Capital | Strong Buy Maintains $20 | Strong Buy | Maintains | $20 | +183.69% | May 9, 2025 |
| Baird | Baird | Buy Maintains $27 → $16 | Buy | Maintains | $27 → $16 | +126.95% | Mar 7, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $55 | Strong Buy | Reiterates | $55 | +680.14% | Mar 7, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $55 | Strong Buy | Reiterates | $55 | +680.14% | Jan 31, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $23 | Buy | Initiates | $23 | +226.24% | Jan 28, 2025 |
Financial Forecast
Revenue This Year
n/a
from 496.72M
Revenue Next Year
n/a
EPS This Year
-1.51
from -1.54
EPS Next Year
-1.66
from -1.51
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | n/a | n/a | 109.5M | ||
| Avg | n/a | n/a | 43.4M | ||
| Low | n/a | n/a | n/a |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -1.46 | -1.54 | -1.21 | ||
| Avg | -1.51 | -1.66 | -1.48 | ||
| Low | -1.56 | -1.82 | -1.80 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.