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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
80.410
Open
78.950
VWAP
76.71
Vol
227.43K
Mkt Cap
742.16M
Low
73.885
Amount
17.45M
EV/EBITDA(TTM)
--
Total Shares
9.79M
EV
1.01B
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.
Show More

Events Timeline

(ET)
2026-01-08
06:30:00
Deal Size Increased to $175M in Common Stock
select
2026-01-06 (ET)
2026-01-06
16:10:00
Bright Minds Biosciences Launches $100M Public Offering
select
2026-01-06
07:30:00
Bright Minds Biosciences Reports Positive Phase 2 Results for BMB-101
select

News

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.
Newsfilter
1.0
02-25Newsfilter
Bright Minds Biosciences to Present at Multiple Healthcare Conferences
  • Conference Schedule: Bright Minds Biosciences will present at the TD Cowen 46th Annual Healthcare Conference on March 4, 2026, which is expected to draw investor interest in its innovative therapies for drug-resistant epilepsy.
  • Product Pipeline: The company focuses on developing highly selective 5-HT2 agonists aimed at treating drug-resistant epilepsy, Prader-Willi Syndrome, and depression, addressing significant unmet medical needs in the CNS disorder space.
  • Webcast Availability: The live webcast for the Cowen event will start at 9:10 AM ET on March 4, 2026, with both live and archived versions available on the company's website, enhancing transparency and investor access to information.
  • Management Interaction: At the Jefferies 2026 Biotech on the Beach event on March 10, 2026, the company will facilitate 1x1 meetings with management, further strengthening communication and engagement with investors.
Globenewswire
8.5
01-08Globenewswire
Bright Minds Biosciences Prices 1.945M Shares at $90 for $175.05M Offering
  • Offering Size: Bright Minds Biosciences announces the pricing of 1,945,000 common shares at $90 each, anticipating gross proceeds of $175.05 million, which will provide crucial funding for the company's future clinical trials.
  • Funding for Trials: The proceeds will be used to finance clinical trials for absence seizures, DEE, and Prader-Willi Syndrome, while also initiating phase 1 clinical trials for BMB-105, thereby advancing the company's drug development pipeline.
  • Underwriter Support: Jefferies, TD Cowen, Piper Sandler & Co., and Cantor are acting as joint book-running managers for the offering, ensuring professionalism and efficiency in the fundraising process, which enhances market confidence in the company's future growth.
  • Termination of ATM Program: Concurrently with the pricing of this offering, the company announced the termination of its equity distribution agreement, which allowed for up to $100 million in market offerings, indicating a strategic focus on the current fundraising efforts.
Benzinga
9.5
01-07Benzinga
Innovative Eyewear Inc Reports 45% Year-over-Year Sales Growth in Q4
  • Significant Sales Growth: Innovative Eyewear Inc (LUCY) reported preliminary Q4 sales of approximately $1 million, reflecting a 45% year-over-year increase, indicating enhanced competitiveness in the market that may attract more investor interest.
  • Stock Surge: Following the sales report, LUCY's stock price surged 47% to $1.74, reflecting strong market confidence in the company's future growth potential, which could further enhance its financing capabilities.
  • Industry Dynamics: The ISM services PMI rose for the third consecutive month to a reading of 54.4 in December, exceeding market expectations of 52.3, indicating signs of economic recovery that may positively influence overall market sentiment.
  • Labor Market Changes: U.S. job openings fell by 303,000 to 7.146 million in November, marking the lowest level since December 2020, suggesting potential pressures in the labor market that could impact future economic growth expectations.
Benzinga
8.5
01-07Benzinga
Bright Minds Biosciences Launches $100 Million Public Offering
  • Public Offering Impact: Bright Minds Biosciences Inc's announcement of a $100 million public offering led to a 2.3% drop in its pre-market share price to $91.03, reflecting market concerns over the new issuance and potentially impacting the company's short-term financing capabilities.
  • Market Reaction: Following the public offering news, Bright Minds' stock price decline indicates cautious investor sentiment regarding the company's future prospects, which may lead to increased financing costs.
  • Industry Dynamics: This offering has drawn attention within the biotech sector, particularly as investor acceptance of new issues diminishes in the current market environment, potentially affecting financing plans for other biotech firms.
  • Competitive Pressure: The decline in Bright Minds' stock price coincides with fluctuations in shares of other companies like Cohen & Company and Gloo Holdings, highlighting overall market uncertainty in the biotech sector, which could undermine investor confidence across the industry.
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
H.C. Wainwright
H.C. Wainwright
Buy
maintain
$115 -> $145
AI Analysis
2026-03-04
Reason
H.C. Wainwright
H.C. Wainwright
Price Target
$115 -> $145
AI Analysis
2026-03-04
maintain
Buy
Reason
H.C. Wainwright raised the firm's price target on Bright Minds to $145 from $115 and keeps a Buy rating on the shares. The firm says the BREAKTHROUGH Phase 2 data "de-risks" BMB-101 and establishes 5-HT2C agonist as potentially best-in-class. H.C. Wainwright increased its probability of success for the absence epilepsy program to 60% from 25%, reflecting what it believes is a "significant efficacy signal and validation from the trial."
Baird
Outperform
to
NULL
downgrade
$142 -> $126
2026-02-13
Reason
Baird
Price Target
$142 -> $126
2026-02-13
downgrade
Outperform
to
NULL
Reason
Baird lowered the firm's price target on Bright Minds to $126 from $142 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results as the company gears up for epilepsy and PWS trial initiations.
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 -17.40, compared to its 5-year average forward P/E of -3.86. 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
-3.86
Current PE
-17.40
Overvalued PE
3.84
Undervalued PE
-11.57

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
-1.48
Current EV/EBITDA
-7.92
Overvalued EV/EBITDA
1.41
Undervalued EV/EBITDA
-4.37

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
0.00
Current PS
0.00
Overvalued PS
0.00
Undervalued PS
0.00

Financials

AI Analysis
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Quarterly

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Whales Holding DRUG

V
Vivo Capital, LLC
Holding
DRUG
+6.93%
3M Return
C
Commodore Capital LP
Holding
DRUG
+6.92%
3M Return
P
Perceptive Advisors LLC
Holding
DRUG
+3.66%
3M Return
B
Braidwell LP
Holding
DRUG
+0.39%
3M Return
C
Cormorant Asset Management, LP
Holding
DRUG
-0.91%
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 75.83 USD — it has decreased -4.77

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 -6.90M USD, increased 326.25

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 March 12 2026.

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

Today DRUG has the market capitalization of 742.16M USD.