Mind Medicine (MindMed) Inc. (MNMD)
NASDAQ: MNMD · IEX Real-Time Price · USD
9.40
-0.10 (-1.05%)
At close: Mar 28, 2024, 4:00 PM
9.48
+0.08 (0.85%)
After-hours: Mar 28, 2024, 7:58 PM EDT

Mind Medicine (MindMed) Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for MNMD stock have an average target of 30.5, with a low estimate of 7.00 and a high estimate of 75. The average target predicts an increase of 224.47% from the current stock price of 9.40.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $7.00 $30.5 $22 $75
Change -25.53% +224.47% +134.04% +697.87%

Analyst Ratings

The average analyst rating for MNMD stock from 6 stock analysts 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222223
Buy 333333
Hold 000000
Sell 000000
Strong Sell 000000
Total 555556

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$75
Strong Buy Reiterates $75 +697.87% Mar 14, 2024
RBC Capital
RBC Capital
Buy
Maintains
$15$22
Buy Maintains $15$22 +134.04% Mar 8, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$25$36
Strong Buy Maintains $25$36 +282.98% Mar 7, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$75
Strong Buy Reiterates $75 +697.87% Mar 1, 2024
RBC Capital
RBC Capital
Buy
Maintains
$14$15
Buy Maintains $14$15 +59.57% Feb 29, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-1.99
from -2.44
EPS Next Year
-1.72
from -1.99
Year 2019202020212022202320242025202620272028
Revenue
-------43.34M139.52M397.68M
Revenue Growth
--------221.90%185.03%
EPS
--1.95-3.40-1.84-2.44-1.99-1.72-1.53-0.242.23
EPS Growth
----------
No. Analysts -----98755
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High n/a n/a 157.3M 518.5M 1.1B
Avg n/a n/a 43.3M 139.5M 397.7M
Low n/a n/a n/a n/a 60.3M

Revenue Growth

Revenue Growth 20242025202620272028
High - - -
1,096.3%
698.5%
Avg - - -
221.9%
185.0%
Low - - - -
-56.8%

EPS Forecast

EPS 20242025202620272028
High -1.77 -1.47 -1.19 3.55 9.58
Avg -1.99 -1.72 -1.53 -0.24 2.23
Low -2.25 -1.91 -1.97 -2.53 -1.78

EPS Growth

EPS Growth 20242025202620272028
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.