Ovid Therapeutics Inc. (OVID)

NASDAQ: OVID · Real-Time Price · USD
2.795
+0.005 (0.18%)
May 12, 2026, 10:44 AM EDT - Market open
Market Cap483.64M +1,858.1%
Revenue (ttm)7.25M +1,181.3%
Net Income-17.14M
EPS-0.23
Shares Out 173.04M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume577,591
Open2.780
Previous Close2.790
Day's Range2.700 - 2.840
52-Week Range0.270 - 3.105
Beta0.19
AnalystsStrong Buy
Price Target4.60 (+64.58%)
Earnings DateMay 12, 2026

About OVID

Ovid Therapeutics Inc., a biopharmaceutical company, engages in the development of small molecule medicines for brain disorders including epilepsies and seizure-related neurological disorders in the United States. The company is developing OV329, a GABA-AT inhibitor which is in Phase 1 clinical trials for the treatment of adult and infant drug-resistant epilepsies; and OV4071, a first-in-human oral potassium-chloride cotransporter 2 direct activator which is in Phase 1 clinical trials for the treatment of psychosis associated with parkinson's d... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date May 5, 2017
Employees 23
Stock Exchange NASDAQ
Ticker Symbol OVID
Full Company Profile

Financial Performance

In 2025, Ovid Therapeutics's revenue was $7.25 million, an increase of 1181.27% compared to the previous year's $566,000. Losses were -$17.14 million, -34.01% less than in 2024.

Financial Statements

Analyst Summary

According to 5 analysts, the average rating for OVID stock is "Strong Buy." The 12-month stock price target is $4.6, which is an increase of 64.58% from the latest price.

Price Target
$4.6
(64.58% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ovid Therapeutics reports Q1 EPS (12c), consensus (11c)

“Our first quarter reflected focused execution and continued progress across our pipeline of potentially transformative small molecule medicines for intractable brain conditions,” stated Meg Alexander...

2 hours ago - TheFly

Ovid Therapeutics Reports Business Updates and First Quarter 2026 Financial Results

Dosed first participant with OV4071, the first-ever oral potassium-chloride cotransporter 2 (KCC2) direct activator, in May 2026 in a Phase 1 study with healthy volunteers OV329 showed favorable safet...

3 hours ago - GlobeNewsWire

Ovid Therapeutics files to sell 29.86M shares of common stock for holders

16:33 EDT Ovid Therapeutics (OVID) files to sell 29.86M shares of common stock for holders

20 days ago - TheFly

Ovid Therapeutics Transcript: Status update

KCC2 direct activation is a transformative approach for psychotic disorders, with OV4071 showing strong preclinical efficacy and safety. The clinical strategy uses translational biomarkers for rapid proof-of-concept in schizophrenia, Parkinson’s disease psychosis, and Lewy body dementia, backed by broad IP and significant commercial potential.

4 weeks ago - Transcripts

Ovid Therapeutics price target raised to $4 from $2 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Ovid Therapeutics (OVID) to $4 from $2 and keeps a Buy rating on the shares. The company’s OV4071 oral KCC2 candidate is…

4 weeks ago - TheFly

Ovid Therapeutics to Host Potassium-Chloride Co-transporter 2 (KCC2) Deep Dive R&D Event on Tuesday, April 14

NEW YORK, April 08, 2026 (GLOBE NEWSWIRE) -- Ovid Therapeutics Inc. (Nasdaq: OVID), a biopharmaceutical company developing small molecule medicines for brain disorders with significant unmet need, tod...

4 weeks ago - GlobeNewsWire

Ovid Therapeutics price target raised to $7 from $5 at Wedbush

Wedbush analyst Laura Chico raised the firm’s price target on Ovid Therapeutics (OVID) to $7 from $5 and keeps an Outperform rating on the shares. The firm highlights multiple updates…

7 weeks ago - TheFly

Ovid Therapeutics price target raised to $5 from $3 at Roth Capital

Roth Capital raised the firm’s price target on Ovid Therapeutics (OVID) to $5 from $3 and keeps a Buy rating on the shares. Phase 1 safety and tolerability results of…

7 weeks ago - TheFly

Ovid Therapeutics Earnings Call Transcript: Q4 2025

Regulatory clearance for OV4071 and strong safety data for OV329 drive pipeline expansion, supported by $60M PIPE financing and potential $53M from warrant exercises, extending cash runway into 2029. New clinical programs target significant unmet needs in epilepsy and psychosis.

7 weeks ago - Transcripts

Ovid Therapeutics announces Phase 1 clearance for OV4071

The Company will initiate a Phase 1 trial for OV4071, a potential first-in-class, oral, direct activator of potassium-chloride cotransporter 2 following Human Research Ethics Committee approval of the...

7 weeks ago - TheFly

Ovid Therapeutics reports Q4 EPS 6c, consensus (10c)

Reports Q4 revenue $718,000, consensus $62,600. “We are achieving important steps forward in our mission to pioneer better, gentler medicines for disorders of the brain. We believe today’s data contin...

7 weeks ago - TheFly

Ovid Therapeutics sees cash runway into late 2028

Cash, cash equivalents and marketable securities as of December 31, 2025 totaled $90.4 million.

7 weeks ago - TheFly

Ovid Therapeutics announces OV239 data, indication expansion

Ovid announced new results from a 7 mg dose cohort evaluating the safety and tolerability of OV329, a next-generation GABA-AT inhibitor being developed for drug-resistant epilepsies. Following the cor...

7 weeks ago - TheFly

Ovid Therapeutics prices 19.15M shares at $2.01 in private placement

Ovid Therapeutics (OVID) entered into a securities purchase agreement for a private investment in public equity financing that is expected to result in gross proceeds of $60M to the Company,…

7 weeks ago - TheFly

Ovid Therapeutics Announces New OV329 Data and Indication Expansion, Phase 1 Clearance for OV4071, and Reports Fourth Quarter and Full Year 2025 Financial Results

NEW YORK, March 18, 2026 (GLOBE NEWSWIRE) -- Ovid Therapeutics Inc. (Nasdaq: OVID), a biopharmaceutical company developing small molecule medicines for brain disorders with significant unmet need, tod...

7 weeks ago - GlobeNewsWire

Ovid Therapeutics Announces Pricing of $60 Million Private Placement

NEW YORK, March 18, 2026 (GLOBE NEWSWIRE) -- Ovid Therapeutics Inc. (Nasdaq: OVID), a biopharmaceutical company developing small molecule medicines for brain disorders with significant unmet need, tod...

7 weeks ago - GlobeNewsWire

Ovid Therapeutics Transcript: Leerink Global Healthcare Conference 2026

The company is advancing OV329, a novel GABA-AT inhibitor, into Phase II for epilepsy with promising safety and efficacy data, while also progressing OV4071, a KCC2 activator, into Phase I for CNS disorders including psychosis. Interim and pivotal data readouts are expected over the next year.

2 months ago - Transcripts

Ovid Therapeutics Transcript: TD Cowen 46th Annual Health Care Conference

The company is advancing a CNS-focused pipeline with differentiated mechanisms, highlighted by OV329 for epilepsy, which shows strong efficacy and tolerability, and OV4071, a KCC2 activator targeting psychosis. Key clinical milestones are expected over the next 6–18 months.

2 months ago - Transcripts

Ovid Therapeutics to Participate in Upcoming Investor Conferences

NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Ovid Therapeutics Inc. (Nasdaq: OVID), a biopharmaceutical company developing small molecule medicines to treat brain disorders and symptoms caused by exces...

2 months ago - GlobeNewsWire

Ovid Therapeutics initiated with an Outperform at LifeSci Capital

LifeSci Capital initiated coverage of Ovid Therapeutics (OVID) with an Outperform rating and $4 price target

5 months ago - TheFly

Ovid Therapeutics reports Phase 1 results for KCC2, OV350 IV

Ovid Therapeutics (OVID) announced results from its Phase 1 study of OV350, the first-ever Potassium-Chloride Cotransporter 2, KCC2, direct activator known to be dosed in humans. The study met its…

5 months ago - TheFly

Ovid Therapeutics Reports Phase 1 Results for the First-Ever Direct Activator of Potassium-Chloride Cotransporter 2 (KCC2), OV350 Intravenous (IV)

OV350 showed a good safety profile, supporting the advancement of the Company's KCC2 portfolio, including the first oral direct activator, OV4071 There were no treatment-related laboratory findings, n...

5 months ago - GlobeNewsWire

Ovid Therapeutics files to sell 125.06M shares of common stock for holders

17:27 EST Ovid Therapeutics (OVID) files to sell 125.06M shares of common stock for holders

5 months ago - TheFly

Ovid Therapeutics initiated with a Buy at Roth Capital

Roth Capital analyst Boobalan Pachaiyappan initiated coverage of Ovid Therapeutics (OVID) with a Buy rating and $3 price target The firm views Ovid’s OV329 as a “differentiated” oral agent targeting…

5 months ago - TheFly

Ovid Therapeutics appoints Kaufmann as Chief Medical Officer

Ovid Therapeutics (OVID) announced the appointment of Petra Kaufmann, M.D., M.S., F.A.A.N., as Chief Medical Officer. Dr. Kaufmann joins Ovid from Vigil Neuroscience where she served as Chief Medical ...

5 months ago - TheFly