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BTAI Overview

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0.000
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ET
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Intellectia

Loading chart...

High
1.280
Open
1.280
VWAP
1.21
Vol
900.72K
Mkt Cap
30.87M
Low
1.150
Amount
1.09M
EV/EBITDA(TTM)
--
Total Shares
24.50M
EV
83.80M
EV/OCF(TTM)
--
P/S(TTM)
23.91
BioXcel Therapeutics, Inc. is a biopharmaceutical company utilizing artificial intelligence to develop medicines in neuroscience. Its subsidiary, OnkosXcel Therapeutics LLC, is focused on the development of medicines in immuno-oncology. Its advanced neuroscience candidate, BXCL501, is an investigational, orally dissolving film formulation of dexmedetomidine in development for the treatment of agitation associated with psychiatric and neurological disorders. It is continuing to develop BXCL501 for the potential acute treatment of agitation associated with bipolar disorder or schizophrenia in the at-home setting and for the potential acute treatment of agitation (non-daily) associated with dementia due to probable Alzheimer’s disease in the at-home setting and in care facilities. Its advanced immuno-oncology candidate, BXCL701, is an investigational oral innate immune activator for the treatment of aggressive forms of prostate cancer, pancreatic cancer, and other solid and liquid tumors.
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Events Timeline

(ET)
2026-03-27
09:00:00
Stock Futures Modestly Lower as Energy Prices Rise
select
2026-03-27
07:20:00
BioXcel Therapeutics Q4 Revenue Reaches $256,000
select
2026-03-05 (ET)
2026-03-05
07:30:00
BioXcel Therapeutics Reports Positive Phase 2 Results for BXCL501
select
2026-02-12 (ET)
2026-02-12
07:10:00
BioXcel Completes Market Assessment for Igalmi
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2026-01-20 (ET)
2026-01-20
07:10:00
BioXcel Submits sNDA for Igalmi to Treat Agitation
select
2026-01-12 (ET)
2026-01-12
07:20:00
BioXcel Therapeutics Advances IGALMI Home Use Plans
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News

Newsfilter
8.5
03-27Newsfilter
BioXcel Submits sNDA for IGALMI® in At-Home Treatment
  • At-Home Treatment Application: BioXcel submitted a supplemental New Drug Application (sNDA) to the FDA in January 2026 for IGALMI® to expand its indication for treating acute agitation associated with bipolar disorders and schizophrenia in the at-home setting, with potential approval as early as year-end 2026, thereby addressing a significant market gap and enhancing the company's competitive position in mental health.
  • Market Opportunity Assessment: The company confirmed the substantial market potential for IGALMI in the at-home treatment space through a third-party market assessment, revealing up to 86 million annual episodes of acute agitation that may require treatment, which strongly supports BioXcel's commercial strategy and is expected to drive future revenue growth.
  • Commercial Preparation Progress: BioXcel appointed Mark Pavao as Interim Chief Commercial Officer to lead the launch plans for IGALMI in the at-home setting, indicating the company's commitment to capitalizing on market opportunities and enhancing brand awareness and market penetration through effective commercial strategies.
  • Financial Performance Review: In Q4 2025, IGALMI generated net revenue of $256,000, down from $366,000 in Q4 2024; nevertheless, the company is actively advancing IGALMI's market promotion and brand maintenance to tackle future market challenges.
seekingalpha
9.5
03-27seekingalpha
BioXcel Therapeutics Q4 Earnings Beat Expectations
  • Earnings Highlights: BioXcel Therapeutics reported a Q4 GAAP EPS of -$0.58, beating expectations by $0.06, indicating a degree of financial resilience despite challenges.
  • Revenue Trends: The company generated $260,000 in revenue, a 29.7% year-over-year decline, yet it surpassed market expectations by $110,000, suggesting some level of market demand amid adversity.
  • Cash Position: As of December 31, 2025, BioXcel's cash and cash equivalents, along with restricted cash, totaled $28.8 million, ensuring liquidity for future operations.
  • R&D Progress: BioXcel Therapeutics has made advancements in Phase III results for treating acute agitation in Alzheimer's dementia, potentially laying the groundwork for future product line expansion.
Newsfilter
8.5
03-10Newsfilter
BioXcel Therapeutics Enters Securities Purchase Agreement for $8 Million Offering
  • Funding Size: BioXcel Therapeutics has entered into a securities purchase agreement with an institutional investor to issue 4,500,785 shares at $1.739 per share, resulting in approximately $8 million in gross proceeds, which will enhance the company's liquidity for R&D support.
  • Warrant Terms: The accompanying warrants allow for exercise at $1.614 per share over five years, which is expected to attract more investor participation, thereby boosting market confidence and shareholder value.
  • Existing Warrant Adjustment: BioXcel will also reduce the exercise price of previously issued warrants for 1,385,083 shares to $1.614 and extend their expiration, aiming to enhance the attractiveness of existing investors' holdings and promote long-term investment.
  • Transaction Timeline: The offering is expected to close on March 11, 2026, subject to customary closing conditions, and if successful, will provide funding support for the company's future strategic development.
Benzinga
7.5
03-06Benzinga
BioXcel Therapeutics Shares Decline Despite Positive Drug Development News
  • Drug Development Progress: BioXcel Therapeutics' BXCL501 demonstrated efficacy in a Phase 2 study led by Columbia University for treating opioid withdrawal symptoms, with over a 30% reduction in symptoms observed in patients, indicating the drug's potential across multiple indications.
  • Stock Price Analysis: Despite the positive results from BXCL501, BioXcel's shares are currently priced at $1.52, trading 3.9% below the 20-day simple moving average and 17.9% below the 100-day SMA, indicating a lack of upward momentum in the short term.
  • Long-term Performance Weakness: The stock has decreased approximately 41.24% over the past 12 months and is closer to its 52-week lows, reflecting market concerns about its future performance, although the relative strength index (RSI) at 46.86 suggests a neutral state.
  • Market Sentiment Analysis: While the overall trend is bearish, the MACD at -0.0166 is above its signal line, indicating some bullish momentum that may present short-term trading opportunities for investors.
moomoo
9.0
03-05moomoo
BIOXCEL THERAPEUTICS STOCK INCREASES 2.7% FOLLOWING POSITIVE RESULTS FROM MID-STAGE TRIAL OF EXPERIMENTAL OPIOID WITHDRAWAL TREATMENT
  • Stock Performance: BioXcel Therapeutics shares have increased by 2.7%.

  • Clinical Trial Results: An experimental opioid withdrawal drug shows benefits in mid-stage trials.

Benzinga
9.0
03-05Benzinga
BioXcel Therapeutics Reports Positive Phase 2 Results for Opioid Withdrawal Treatment
  • Clinical Trial Results: BioXcel Therapeutics' Phase 2 study indicates that BXCL501 is as effective as or superior to BioCorRx's lofexidine in reducing opioid withdrawal symptoms, with a more convenient dosing regimen potentially offering better treatment options for patients.
  • Significant Symptom Improvement: Patients receiving BXCL501 240 µg experienced over a 30% reduction in Short Opiate Withdrawal Scale (SOWS-Gossop) scores, with peak symptom improvement observed on days 3 and 4, demonstrating BXCL501's efficacy.
  • Good Tolerability Profile: BXCL501 showed a favorable tolerability profile compared to lofexidine, with similar or lower rates of cardiovascular side effects, indicating higher safety in clinical applications.
  • Huge Market Potential: BXCL501 is viewed as a “pipeline within a product,” with applicability potentially extending to acute agitation associated with bipolar disorder and schizophrenia, signaling future market opportunities.
Wall Street analysts forecast BTAI stock price to rise
2 Analyst Rating
Wall Street analysts forecast BTAI stock price to rise
1 Buy
0 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
1.00
Averages
5.50
High
10.00
Current: 0.000
sliders
Low
1.00
Averages
5.50
High
10.00
Rodman & Renshaw
Buy
initiated
$17
AI Analysis
2026-03-17
Reason
Rodman & Renshaw
Price Target
$17
AI Analysis
2026-03-17
initiated
Buy
Reason
Rodman & Renshaw initiated coverage of BioXcel Therapeutics with a Buy rating and $17 price target, citing the company's "differentiated" at-home agitation franchise, expanding BXCL501 neuropsychiatry options, and what it calls "an extreme disconnect between enterprise value and risk-adjusted cash flow potential."
H.C. Wainwright
Buy
downgrade
$10 -> $6
2026-03-05
Reason
H.C. Wainwright
Price Target
$10 -> $6
2026-03-05
downgrade
Buy
Reason
H.C. Wainwright lowered the firm's price target on BioXcel Therapeutics to $6 from $10 and keeps a Buy rating on the shares. The firm cites the recent and anticipated equity dilution for the target cut.
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Valuation Metrics

The current forward P/E ratio for BioXcel Therapeutics Inc (BTAI.O) is -0.41, compared to its 5-year average forward P/E of -2.30. For a more detailed relative valuation and DCF analysis to assess BioXcel Therapeutics Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-2.30
Current PE
-0.41
Overvalued PE
-0.32
Undervalued PE
-4.28

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-2.15
Current EV/EBITDA
-1.76
Overvalued EV/EBITDA
-0.63
Undervalued EV/EBITDA
-3.67

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
76.54
Current PS
27.88
Overvalued PS
205.47
Undervalued PS
-52.38

Financials

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Frequently Asked Questions

What is BioXcel Therapeutics Inc (BTAI) stock price today?

The current price of BTAI is 1.21 USD — it has decreased -3.97

What is BioXcel Therapeutics Inc (BTAI)'s business?

BioXcel Therapeutics, Inc. is a biopharmaceutical company utilizing artificial intelligence to develop medicines in neuroscience. Its subsidiary, OnkosXcel Therapeutics LLC, is focused on the development of medicines in immuno-oncology. Its advanced neuroscience candidate, BXCL501, is an investigational, orally dissolving film formulation of dexmedetomidine in development for the treatment of agitation associated with psychiatric and neurological disorders. It is continuing to develop BXCL501 for the potential acute treatment of agitation associated with bipolar disorder or schizophrenia in the at-home setting and for the potential acute treatment of agitation (non-daily) associated with dementia due to probable Alzheimer’s disease in the at-home setting and in care facilities. Its advanced immuno-oncology candidate, BXCL701, is an investigational oral innate immune activator for the treatment of aggressive forms of prostate cancer, pancreatic cancer, and other solid and liquid tumors.

What is the price predicton of BTAI Stock?

Wall Street analysts forecast BTAI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BTAI is5.50 USD with a low forecast of 1.00 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is BioXcel Therapeutics Inc (BTAI)'s revenue for the last quarter?

BioXcel Therapeutics Inc revenue for the last quarter amounts to 256.00K USD, decreased -30.05

What is BioXcel Therapeutics Inc (BTAI)'s earnings per share (EPS) for the last quarter?

BioXcel Therapeutics Inc. EPS for the last quarter amounts to -0.57 USD, decreased -86.68

How many employees does BioXcel Therapeutics Inc (BTAI). have?

BioXcel Therapeutics Inc (BTAI) has 29 emplpoyees as of March 31 2026.

What is BioXcel Therapeutics Inc (BTAI) market cap?

Today BTAI has the market capitalization of 30.87M USD.