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DRUG Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
86.555
Open
83.370
VWAP
83.89
Vol
281.06K
Mkt Cap
817.23M
Low
81.610
Amount
23.58M
EV/EBITDA(TTM)
--
Total Shares
9.79M
EV
830.45M
EV/OCF(TTM)
--
P/S(TTM)
--
Bright Minds Biosciences Inc. is a biotechnology company, which is engaged in developing treatments for patients with neurological and psychiatric disorders. The Company is focused on developing highly selective 5-HT2 agonists for the treatment of drug-resistant epilepsy, depression, and other central nervous system (CNS) disorders. Its Serotonin (5-HT) is a neurotransmitter in the brain and modulates many biological functions. Dysfunction of serotonin receptors, transporters, and associated neurocircuits is fundamental to many diseases including epilepsies and neuro psychiatric. Its pipeline includes BMB-101, BMB-xxx, BMB-201, and BMB-202. The Company has a portfolio of patented, selective serotonin (5-HT2C, 5-HT2A and 5-HT2C/A-receptor subtypes) agonists that were identified by using high-throughput screening methods in combination with advanced molecular modeling techniques to interrogate the interaction between the drug and its targeted receptors to increase downstream signaling.
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Events Timeline

(ET)
2026-05-21
11:30:00
Enveric Biosciences Reports Q1 Earnings with Cash Balance of Approximately $10.3M
select
2026-04-16 (ET)
2026-04-16
11:30:00
Clearmind's CMND-100 Meets Primary Safety Endpoint
select
2026-01-08 (ET)
2026-01-08
06:30:00
Deal Size Increased to $175M in Common Stock
select

News

Fool
8.5
05-21Fool
B Group Acquires New Stake in Bright Minds Biosciences
  • New Investment Position: B Group, Inc. disclosed a new stake in Bright Minds Biosciences on May 15, 2026, acquiring 67,500 shares valued at approximately $5.43 million, indicating confidence in the company's growth potential.
  • Significant Ownership: The newly acquired shares represent about 4% of B Group's reportable AUM, highlighting its strategic positioning in the biotech sector, particularly in companies with promising drug development pipelines.
  • Outstanding Stock Performance: Bright Minds' shares have surged nearly 175% over the past year to $83.24, significantly outperforming the S&P 500's 25% increase, reflecting strong market optimism regarding its future prospects.
  • Increased R&D Investment: Bright Minds ramped up its R&D spending to C$18.7 million in the first half of fiscal 2026, up from C$3.6 million a year earlier, demonstrating substantial progress in drug development and a well-funded operational capacity.
NASDAQ.COM
8.5
05-21NASDAQ.COM
B Group Acquires Stake in Bright Minds Biosciences
  • New Investment Disclosure: B Group disclosed a purchase of 67,500 shares of Bright Minds Biosciences in Q1 2026, with an estimated transaction value of $5.43 million, indicating confidence in the biotech firm despite the stake not being among its top five holdings.
  • Financial Position Analysis: The new stake was valued at $4.93 million at quarter-end, reflecting a solid performance amid stock price fluctuations, which underscores the company's strategic positioning in the high-risk biotech sector.
  • Increased R&D Spending: Bright Minds ramped up its R&D expenditure to C$18.7 million in the first half of 2026, a significant rise from C$3.6 million a year earlier, highlighting accelerated progress in drug development, particularly for its BMB-101 project targeting drug-resistant epilepsy.
  • Cash Reserves Advantage: Bright Minds ended March with approximately C$309.7 million in cash and equivalents, bolstered by a successful January equity offering that raised about $175 million, providing substantial resources for future development and alleviating near-term financing pressures.
Yahoo Finance
8.5
05-21Yahoo Finance
B Group Acquires Stake in Bright Minds Biosciences
  • New Investment Position: B Group disclosed in its May 15, 2026 SEC filing that it acquired 67,500 shares of Bright Minds Biosciences for an estimated $5.43 million, indicating confidence in the company's future growth potential.
  • Significant Stake: This acquisition represents approximately 4% of B Group's reportable AUM, reflecting its strategic positioning within the biotechnology sector.
  • Strong Market Performance: Bright Minds' shares have surged nearly 175% over the past year, significantly outperforming the S&P 500's 25% increase, highlighting market confidence in its drug development prospects.
  • Increased R&D Investment: Bright Minds ramped up its R&D spending to C$18.7 million in the first half of fiscal 2026, a substantial increase from C$3.6 million a year earlier, demonstrating accelerated efforts in developing its lead drug BMB-101 for drug-resistant epilepsy.
seekingalpha
9.5
05-20seekingalpha
Bright Minds Biosciences Reports Q1 2026 Financial Results
  • Financial Overview: Bright Minds Biosciences reported a GAAP EPS of -$1.09 for the three months ended March 31, 2026, indicating significant challenges in profitability that may impact investor confidence.
  • Historical Data Comparison: The company's historical financial data suggests a persistent loss trend that could negatively affect its future financing capabilities, thereby limiting its potential for R&D and market expansion.
  • Market Reaction: According to Seeking Alpha's Quant Rating, Bright Minds Biosciences' stock may face downward pressure, prompting investors to carefully assess its long-term investment value.
  • Financial Transparency: The financial information released by the company indicates that despite ongoing losses, Bright Minds Biosciences is striving to enhance its financial transparency to bolster market confidence in its future growth prospects.
moomoo
9.0
03-05moomoo
Drug Farm Reveals FDA Acceptance of DF-003 into Rare Disease Evidence Principles Process for Rosah Syndrome
  • FDA Acceptance: Drug company announces the FDA's acceptance of their application for DF-003, a treatment for rare diseases.

  • Focus on Rosah Syndrome: The application specifically addresses the evidence and principles related to Rosah Syndrome, indicating a targeted approach in their research and development efforts.

moomoo
4.0
03-04moomoo
H.C. Wainwright Increases Target Price for Bright Minds Biosciences Inc. to $145, Up from $115
  • Target Price Increase: Bright Minds Biosciences has raised its target price from $115 to $145.
  • Market Impact: This adjustment reflects a positive outlook on the company's performance and potential growth in the biosciences sector.
Wall Street analysts forecast DRUG stock price to rise
5 Analyst Rating
Wall Street analysts forecast DRUG stock price to rise
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
80.00
Averages
121.00
High
147.00
Current: 0.000
sliders
Low
80.00
Averages
121.00
High
147.00
Piper Sandler
NULL -> Overweight
upgrade
$190 -> $220
AI Analysis
2026-05-20
Reason
Piper Sandler
Price Target
$190 -> $220
AI Analysis
2026-05-20
upgrade
NULL -> Overweight
Reason
Piper Sandler raised the firm's price target on Bright Minds to $220 from $190 and keeps an Overweight rating on the shares. The firm caught up with Bright Minds following earnings, where management reflected confidence in the progress made across programs this past quarter. Piper remains bullish on Bright Minds and expects the stock will continue trading-up throughout the year, driving share-gains.
Jefferies
Buy
initiated
$145
2026-04-12
Reason
Jefferies
Price Target
$145
2026-04-12
initiated
Buy
Reason
Jefferies initiated coverage of Bright Minds with a Buy rating and $145 price target. The firm says the company's oral BMB-101 is a potential best-in-class 5-HT2C agonist. BMB-101 has generated positive Phase II data in absence seizures and broad developmental and epileptic encephalopathy, two $1B+ epilepsy markets with minimal treatment options, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for DRUG
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Valuation Metrics

The current forward P/E ratio for Bright Minds Biosciences Inc (DRUG.O) is 0.00, compared to its 5-year average forward P/E of -4.07. For a more detailed relative valuation and DCF analysis to assess Bright Minds Biosciences 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
-4.07
Current PE
0.00
Overvalued PE
3.79
Undervalued PE
-11.93

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
-1.56
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
1.38
Undervalued EV/EBITDA
-4.50

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
2.03
Current PS
23.93
Overvalued PS
8.28
Undervalued PS
-4.22

Financials

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Quarterly

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Whales Holding DRUG

C
Commodore Capital LP
Holding
DRUG
+20.76%
3M Return
B
Braidwell LP
Holding
DRUG
+15.68%
3M Return
P
Perceptive Advisors LLC
Holding
DRUG
+10.32%
3M Return
C
Cormorant Asset Management, LP
Holding
DRUG
-7.94%
3M Return

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Frequently Asked Questions

What is Bright Minds Biosciences Inc (DRUG) stock price today?

The current price of DRUG is 83.5 USD — it has increased 0.31

What is Bright Minds Biosciences Inc (DRUG)'s business?

Bright Minds Biosciences Inc. is a biotechnology company, which is engaged in developing treatments for patients with neurological and psychiatric disorders. The Company is focused on developing highly selective 5-HT2 agonists for the treatment of drug-resistant epilepsy, depression, and other central nervous system (CNS) disorders. Its Serotonin (5-HT) is a neurotransmitter in the brain and modulates many biological functions. Dysfunction of serotonin receptors, transporters, and associated neurocircuits is fundamental to many diseases including epilepsies and neuro psychiatric. Its pipeline includes BMB-101, BMB-xxx, BMB-201, and BMB-202. The Company has a portfolio of patented, selective serotonin (5-HT2C, 5-HT2A and 5-HT2C/A-receptor subtypes) agonists that were identified by using high-throughput screening methods in combination with advanced molecular modeling techniques to interrogate the interaction between the drug and its targeted receptors to increase downstream signaling.

What is the price predicton of DRUG Stock?

Wall Street analysts forecast DRUG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DRUG is121.00 USD with a low forecast of 80.00 USD and a high forecast of 147.00 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 Bright Minds Biosciences Inc (DRUG)'s revenue for the last quarter?

Bright Minds Biosciences Inc revenue for the last quarter amounts to 0.00 USD, decreased -100.00

What is Bright Minds Biosciences Inc (DRUG)'s earnings per share (EPS) for the last quarter?

Bright Minds Biosciences Inc. EPS for the last quarter amounts to USD, decreased

How many employees does Bright Minds Biosciences Inc (DRUG). have?

Bright Minds Biosciences Inc (DRUG) has 0 emplpoyees as of May 26 2026.

What is Bright Minds Biosciences Inc (DRUG) market cap?

Today DRUG has the market capitalization of 817.23M USD.