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MNMD
Upturn stock ratingUpturn stock rating

Mind Medicine Inc (MNMD)

Upturn stock ratingUpturn stock rating
$5.54
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

04/01/2025: MNMD (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Moderate Performance

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

AI Based Fundamental Rating

ratingratingratingratingrating

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 39.3%
Avg. Invested days 32
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 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 449.95M USD
Price to earnings Ratio -
1Y Target Price 24.5
Price to earnings Ratio -
1Y Target Price 24.5
Volume (30-day avg) 1500407
Beta 2.4
52 Weeks Range 5.03 - 11.36
Updated Date 04/2/2025
52 Weeks Range 5.03 - 11.36
Updated Date 04/2/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.54

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -30.44%
Return on Equity (TTM) -68.01%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 198062103
Price to Sales(TTM) -
Enterprise Value 198062103
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -6.57
Shares Outstanding 75368400
Shares Floating 70192060
Shares Outstanding 75368400
Shares Floating 70192060
Percent Insiders 1.49
Percent Institutions 55.79

Analyst Ratings

Rating 4.5
Target Price 8
Buy 2
Strong Buy 2
Buy 2
Strong Buy 2
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Mind Medicine Inc

stock logo

Company Overview

overview logo History and Background

Mind Medicine (MindMed) Inc. was founded in 2019. It is a biopharmaceutical company developing psychedelic-derived therapies for mental health disorders. The company went public in 2020, focusing on research and development of drug candidates.

business area logo Core Business Areas

  • Drug Development: Focuses on developing psychedelic-inspired medicines for various mental health and addiction disorders.
  • Clinical Trials: Conducts clinical trials to evaluate the safety and efficacy of its drug candidates.
  • Digital Therapeutics: Exploring digital technologies to enhance treatment outcomes.

leadership logo Leadership and Structure

Robert Barrow serves as the CEO. The company operates with a structured management team overseeing research, clinical development, and business operations.

Top Products and Market Share

overview logo Key Offerings

  • MM-120 (LSD):: An investigational drug for generalized anxiety disorder (GAD). Currently in Phase 3 trials. No current market share, as not yet approved. Competitors include traditional anxiety medications and other psychedelic therapy developers.
  • MM-402 (R-MDMA):: An investigational drug for autism spectrum disorder (ASD). In clinical development. No current market share, as not yet approved. Competitors include traditional ASD management strategies and other emerging therapies.

Market Dynamics

industry overview logo Industry Overview

The mental health therapeutics market is large and growing, with increasing acceptance of psychedelic therapies. There is a growing need for better treatments for mental health disorders and a surge of interest in alternative therapies.

Positioning

MindMed is positioned as a leading biopharmaceutical company in the psychedelic medicine space, focusing on scientifically rigorous clinical trials and drug development. The company faces competition from other psychedelic therapy companies and established pharmaceutical firms.

Total Addressable Market (TAM)

The global mental health market is estimated at hundreds of billions of dollars. The TAM for psychedelic-assisted therapies is a subset of this, estimated to grow significantly in the coming years. MindMed is positioned to capture a share of this growing market if its therapies are approved.

Upturn SWOT Analysis

Strengths

  • Strong intellectual property portfolio
  • Experienced management team
  • Advanced clinical trial programs
  • Focus on scientific rigor

Weaknesses

  • High cash burn rate
  • Regulatory risks associated with psychedelic drugs
  • Dependence on clinical trial success
  • Limited revenue stream

Opportunities

  • Potential for breakthrough therapies for mental health disorders
  • Growing acceptance of psychedelic medicine
  • Partnerships with research institutions and pharmaceutical companies
  • Expansion into new indications and markets

Threats

  • Competition from other psychedelic therapy companies
  • Unfavorable regulatory changes
  • Clinical trial failures
  • Negative public perception of psychedelic drugs

Competitors and Market Share

competitor logo Key Competitors

  • GHRS
  • ATAI
  • CYBN
  • COMP

Competitive Landscape

MindMed faces strong competition. Many companies are developing novel mental health treatments.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth is characterized by R&D progress and clinical trial milestones.

Future Projections: Future growth depends on the successful completion of clinical trials and regulatory approval of its drug candidates. Analyst projections vary widely.

Recent Initiatives: Recent initiatives include advancing MM-120 into Phase 3 trials and expanding its research pipeline.

Summary

MindMed is a biopharmaceutical company focusing on developing psychedelic-inspired medicines. It has advanced clinical trials but carries inherent risk of drug development, regulatory uncertainty, and high cash burn. Success relies on clinical trial results and market adoption of its therapies.

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Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Data is subject to change.

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 Mind Medicine Inc

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2020-03-03
CEO & Director Mr. Robert Barrow
Sector Healthcare
Industry Biotechnology
Full time employees 74
Full time employees 74

Mind Medicine (MindMed) Inc., a clinical stage biopharmaceutical company, develops novel products to treat brain health disorders. The company's lead product candidates include MM120, which is in phase 3 for the treatment of generalized anxiety disorder and attention deficit hyperactivity disorder; and MM402, 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.

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