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DRUG
Upturn stock ratingUpturn stock rating

Bright Minds Biosciences Inc (DRUG)

Upturn stock ratingUpturn stock rating
$36.17
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/27/2025: DRUG (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 649.14%
Avg. Invested days 55
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 226.37M USD
Price to earnings Ratio -
1Y Target Price 92.32
Price to earnings Ratio -
1Y Target Price 92.32
Volume (30-day avg) 46719
Beta 1.13
52 Weeks Range 0.93 - 79.02
Updated Date 03/30/2025
52 Weeks Range 0.93 - 79.02
Updated Date 03/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.45

Earnings Date

Report Date 2025-03-11
When -
Estimate -
Actual 0.0053

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -28.86%
Return on Equity (TTM) -51.8%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 215358018
Price to Sales(TTM) -
Enterprise Value 215358018
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -0.07
Shares Outstanding 6988990
Shares Floating 631097
Shares Outstanding 6988990
Shares Floating 631097
Percent Insiders 27.28
Percent Institutions 44.28

Analyst Ratings

Rating -
Target Price 4.87
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Bright Minds Biosciences Inc

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Company Overview

History and Background

Bright Minds Biosciences Inc. is a biotechnology company focused on developing novel drugs for the treatment of neuropsychiatric disorders, epilepsy, and pain. Founded in 2019, they have focused on developing serotonergic therapeutics targeting specific receptors.

Core Business Areas

  • Drug Development: Development of novel serotonergic therapeutics targeting specific receptors for neuropsychiatric disorders, epilepsy, and pain.
  • Preclinical Research: Conducting preclinical studies to evaluate the safety and efficacy of their drug candidates.
  • Clinical Trials: Conducting clinical trials to assess the safety and efficacy of their drug candidates in human subjects.

Leadership and Structure

The company is led by a management team with experience in drug development and biotechnology. Details about the specific team members can be found on their investor relations website.

Top Products and Market Share

Key Offerings

  • BMB-101: A 5-HT2C selective agonist being developed for Dravet Syndrome and other epilepsy indications. No current market share or revenue is available as it's in clinical development. Competitors include existing anti-epileptic drugs.
  • BMB-202: A novel compound being developed for pain management. No current market share or revenue is available as it's in preclinical development. Competitors include opioid and non-opioid pain medications.

Market Dynamics

Industry Overview

The pharmaceutical industry is highly competitive and research-intensive. The neuropsychiatric and pain markets are large and growing, but also crowded with established players.

Positioning

Bright Minds is positioned as a company developing novel, targeted therapies for neuropsychiatric disorders, epilepsy, and pain. Their competitive advantage lies in their specific receptor-targeting approach.

Total Addressable Market (TAM)

The TAM for neuropsychiatric disorders, epilepsy, and pain is estimated to be in the billions of dollars. Bright Minds' position within this TAM depends on the successful development and commercialization of their drug candidates.

Upturn SWOT Analysis

Strengths

  • Novel, targeted drug development approach
  • Experienced management team
  • Strong intellectual property portfolio

Weaknesses

  • Limited financial resources
  • Early-stage drug development pipeline
  • Dependence on successful clinical trials

Opportunities

  • Partnerships with larger pharmaceutical companies
  • Expansion of drug pipeline into new indications
  • Positive clinical trial results

Threats

  • Failure of clinical trials
  • Competition from established pharmaceutical companies
  • Changes in regulatory environment

Competitors and Market Share

Key Competitors

  • LLY (Eli Lilly and Company)
  • ABBV (AbbVie)
  • JNJ (Johnson & Johnson)

Competitive Landscape

Bright Minds faces strong competition from established pharmaceutical companies with greater financial and R&D resources. Bright Minds' advantage lies in its novel approach and specific receptor targets.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth is measured by milestones in the drug development pipeline and fundraising activities. There is no product revenue at the moment.

Future Projections: Future growth is dependent on successful clinical trials, regulatory approvals, and commercialization of their drug candidates. Analyst estimates should be consulted.

Recent Initiatives: Recent initiatives include advancing their lead drug candidates into clinical trials, securing patents for their technology, and forming partnerships with research institutions.

Summary

Bright Minds Biosciences is an early-stage biotechnology company focused on developing novel treatments for neuropsychiatric disorders. Its strength lies in its targeted drug development approach. Weaknesses include limited financial resources and the high risk associated with drug development. Positive clinical trial outcomes are crucial for its success, while competition from larger pharmaceutical companies remains a threat.

Similar Companies

  • LLY
  • ABBV
  • JNJ
  • PFE

Sources and Disclaimers

Data Sources:

  • Bright Minds Biosciences Inc. Investor Relations
  • SEC Filings
  • Industry Reports
  • Analyst Reports

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Investment decisions should be based on your own research and due diligence. The data provided is based on publicly available information and may be subject to change. Market share data are estimates and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Bright Minds Biosciences Inc

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2021-03-22
Co-Founder, CEO, President & Director Mr. Ian McDonald
Sector Healthcare
Industry Biotechnology
Full time employees -
Full time employees -

Bright Minds Biosciences Inc., a biotechnology company, develops therapeutics to improve the lives of patients with severe and life-altering diseases in the United States. Its portfolio of selective 5-HT receptor agonists includes 5-HT2C, 5-HT2A, and 5-HT2C/A for the treatment of epilepsy, pain, and neuropsychiatry; and BMB-101 which completes phase 1 trial for undisclosed seizure disorder. The company also develops BMB-201 and BMB-202 for the treatment of neuropsychiatry and neurology indications. Bright Minds Biosciences Inc. has collaboration with National Institutes of Health for the treatment of epilepsy; University of Texas Medical Branch to treat impulse control disorders, such as binge eating; and Medical College of Wisconsin. The company was founded in 2017 and is headquartered in New York, New York.

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