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MNKD Overview

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$
0.000
0.000(0.000%)
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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
3.680
Open
3.560
VWAP
3.53
Vol
9.54M
Mkt Cap
1.09B
Low
3.400
Amount
33.72M
EV/EBITDA(TTM)
33.06
Total Shares
308.95M
EV
1.53B
EV/OCF(TTM)
79.21
P/S(TTM)
3.02
MannKind Corporation is a biopharmaceutical company engaged in transforming chronic disease care through patient-centric solutions. Focused on cardiometabolic and orphan lung diseases, it develops and commercializes treatments that address serious unmet medical needs, including diabetes, pulmonary hypertension, and fluid overload in heart failure and chronic kidney disease. Its commercial assets include Afrezza, FUROSCIX and V-Go along with Tyvaso DPI. Its commercializing Afrezza (insulin human) Inhalation Powder, an ultra-rapid-acting inhaled insulin indicated to improve glycemic control in adults with diabetes, and the V-Go wearable insulin delivery device, which provides continuous subcutaneous infusion of insulin in adults that require insulin. Its orphan lung disease product, Tyvaso DPI (treprostinil) inhalation powder, is used in the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD).
Show More

Events Timeline

(ET)
2026-05-06
16:40:00
MannKind Reports Q1 Revenue of $90.17M, Below Consensus
select

News

seekingalpha
9.5
05-07seekingalpha
MannKind Q1 2026 Earnings Call Insights
  • Revenue Performance: MannKind reported $90 million in revenue for Q1 2026, with FUROSCIX net sales at $15.5 million, reflecting confidence in the business's direction despite challenges from annual deductible resets and inventory transitions.
  • Collaboration Expansion: The partnership with United Therapeutics has deepened, with MannKind receiving a $5 million payment and the potential for up to $35 million in development milestone payments over the next 12 months, providing crucial support for the company's long-term growth.
  • Product Launch Plans: Management expects to achieve FUROSCIX revenue targets of $110 million to $120 million in 2026, with launches for Afrezza pediatrics on May 29 and FUROSCIX ReadyFlow on July 26, anticipated to positively impact future sales.
  • R&D Investment: Despite reporting a GAAP net loss of $16.6 million in Q1, management emphasized ongoing investments in MannKind 201's R&D, which are expected to drive future product development and market expansion, although short-term cost pressures remain.
seekingalpha
9.5
05-06seekingalpha
MannKind Q1 2026 Earnings Report Analysis
  • Disappointing Earnings: MannKind reported a Q1 non-GAAP EPS of -$0.02, missing expectations by $0.03, indicating pressure on profitability that could undermine investor confidence.
  • Lackluster Revenue Growth: The company generated $90.2 million in revenue for Q1, a 15.1% year-over-year increase, yet fell short of expectations by $15.11 million, reflecting unmet market demand that may impact future sales strategies.
  • Significant Cost Increase: Cost of goods sold reached $7.5 million in Q1, up 99% from $3.8 million in the same period last year, primarily due to the addition of Furoscix following the scPharma acquisition, which has increased operational burdens.
  • Surge in R&D and SG&A Expenses: Research and development expenses totaled $17.2 million, a 56% increase, while selling, general, and administrative expenses soared to $54.1 million, up 116%, indicating substantial investments in product line expansion and market promotion that may affect short-term profitability.
stocktwits
8.5
05-06stocktwits
MannKind Partners with United Therapeutics for New Drug Development
  • Drug Development Partnership: MannKind is collaborating with United Therapeutics to develop an inhaled version of Ralinepag, with MannKind supporting formulation and supply, potentially earning up to $35 million in milestone payments, highlighting the company's prospects in the pulmonary arterial hypertension market.
  • Significant Stock Surge: MannKind's shares jumped over 30% on Wednesday, marking the largest single-day gain since February 2021 and breaking past the 100-day moving average for the first time in over two months, reflecting strong market interest in its drug progress.
  • Innovative Drug Formulation: The company is developing a dry powder inhalation (DPI) version of Ralinepag, aiming for less frequent dosing; initial studies indicate that its oral form met primary endpoints in a Phase 3 trial, suggesting promising potential for the inhaled therapy.
  • Shifting Market Sentiment: Retail sentiment for MannKind on Stocktwits shifted from neutral to bullish, with users expressing optimism about further stock price increases over the next two months, despite the stock's nearly 36% decline this year.
seekingalpha
7.5
05-06seekingalpha
MannKind and United Therapeutics Expand Collaboration Agreement
  • Stock Surge: MannKind (MNKD) shares rose approximately 16% in premarket trading on Wednesday, reflecting positive market sentiment towards its newly expanded collaboration agreement with United Therapeutics (UTHR), indicating investor confidence in future growth potential.
  • New Therapy Development: MannKind is developing a dry powder inhaler version of the drug ralinepag (MNKD-1501) as part of the expanded agreement with United Therapeutics, aimed at providing new treatment options for pulmonary arterial hypertension and enriching its product portfolio.
  • Funding Support: Under the expanded agreement, MannKind received $5 million from UTHR last month to expedite the development of ralinepag DPI, which not only aids in shortening the time to market but also enhances the company's competitive position in the pulmonary disease treatment market.
  • Future Revenue Potential: MannKind stands to gain $35 million in development milestone payments and 10% royalties on net sales of MNKD-1501, which will provide robust financial support for the company’s future performance, especially as it expands into new indications like interstitial lung disease and idiopathic pulmonary fibrosis.
Newsfilter
7.5
05-06Newsfilter
MannKind Partners with United Therapeutics to Advance Ralinepag DPI
  • Funding Support: United Therapeutics made a $5 million payment to MannKind in April 2026 to accelerate the development of ralinepag DPI, which will significantly enhance the project's advancement speed and ensure the product enters clinical stages promptly.
  • Market Potential: MannKind is eligible to receive up to $35 million in development milestone payments and 10% royalties on net sales, which not only provides a substantial revenue stream for the company but also indicates strong market demand and confidence in the product.
  • Clinical Research Plans: Currently, non-clinical studies and a subsequent phase 1 study in healthy volunteers are underway to assess dosing and pharmacokinetic comparability with oral ralinepag tablets, laying the groundwork for pivotal studies in PAH patients.
  • Strategic Collaboration: This partnership is based on a global collaboration agreement established in 2018, where United Therapeutics leads global development and commercialization activities while MannKind focuses on formulation and supply, facilitating success in the complex drug delivery space.
Yahoo Finance
7.5
03-27Yahoo Finance
MannKind Corporation Showcases Growth Potential at Healthcare Conference
  • Strategic Partnership: MannKind's partnership with United Therapeutics (UT) has been confirmed, with CEO Castagna noting that MannKind will be the primary supplier for Tyvaso DPI, indicating a significantly higher revenue floor than initially modeled, which is expected to drive future revenue growth for the company.
  • New Product Development: MannKind is collaborating with UT on a second undisclosed compound, and if this product receives FDA approval, MannKind will earn a 10% royalty, providing an additional revenue stream for the company's future.
  • Acquisition Integration: MannKind completed its $360 million acquisition of scPharmaceuticals in 2025, integrating FUROSCIX into its product line, with a revenue target of $110-$120 million for 2026, further expanding the company's cardiometabolic business unit.
  • Market Outlook: Although analysts previously modeled peak sales for FUROSCIX at $500 million, Castagna indicated that this figure is merely a starting point, highlighting MannKind's growth potential in the treatment of heart and lung diseases, which enhances investor confidence in its future performance.
Wall Street analysts forecast MNKD stock price to rise
7 Analyst Rating
Wall Street analysts forecast MNKD stock price to rise
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
7.50
Averages
9.25
High
11.00
Current: 0.000
sliders
Low
7.50
Averages
9.25
High
11.00
Mizuho
Anthony Petrone
Outperform
to
Outperform
downgrade
$8 -> $7
AI Analysis
2026-05-07
New
Reason
Mizuho
Anthony Petrone
Price Target
$8 -> $7
AI Analysis
2026-05-07
New
downgrade
Outperform
to
Outperform
Reason
Mizuho analyst Anthony Petrone lowered the firm's price target on MannKind to $7 from $8 and keeps an Outperform rating on the shares.
Wells Fargo
NULL
to
Overweight
maintain
$8 -> $10
2026-05-07
New
Reason
Wells Fargo
Price Target
$8 -> $10
2026-05-07
New
maintain
NULL
to
Overweight
Reason
Wells Fargo raised the firm's price target on MannKind to $10 from $8 and keeps an Overweight rating on the shares following the disclosure of the company's involvement with Ralinepag DPI, and ahead of Afrezza and Furoscix PDUFAs. The firm believes there are now multiple avenues for revenue growth.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MNKD
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Valuation Metrics

The current forward P/E ratio for MannKind Corp (MNKD.O) is 41.84, compared to its 5-year average forward P/E of 26.39. For a more detailed relative valuation and DCF analysis to assess MannKind Corp'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
26.39
Current PE
41.84
Overvalued PE
95.75
Undervalued PE
-42.97

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
-6.35
Current EV/EBITDA
-55.48
Overvalued EV/EBITDA
22.55
Undervalued EV/EBITDA
-35.26

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
5Y Average PS
6.51
Current PS
2.15
Overvalued PS
9.91
Undervalued PS
3.11

Financials

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Whales Holding MNKD

A
Avoro Capital Advisors LLC
Holding
MNKD
+14.33%
3M Return
E
EcoR1 Capital, LLC
Holding
MNKD
+13.84%
3M Return
F
Frazier Life Sciences Management, LP
Holding
MNKD
+5.82%
3M Return
R
Rubric Capital Management LP
Holding
MNKD
+4.35%
3M Return
E
Eversept Partners, L.P.
Holding
MNKD
-4.67%
3M Return

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Frequently Asked Questions

What is MannKind Corp (MNKD) stock price today?

The current price of MNKD is 3.52 USD — it has decreased -0.85

What is MannKind Corp (MNKD)'s business?

MannKind Corporation is a biopharmaceutical company engaged in transforming chronic disease care through patient-centric solutions. Focused on cardiometabolic and orphan lung diseases, it develops and commercializes treatments that address serious unmet medical needs, including diabetes, pulmonary hypertension, and fluid overload in heart failure and chronic kidney disease. Its commercial assets include Afrezza, FUROSCIX and V-Go along with Tyvaso DPI. Its commercializing Afrezza (insulin human) Inhalation Powder, an ultra-rapid-acting inhaled insulin indicated to improve glycemic control in adults with diabetes, and the V-Go wearable insulin delivery device, which provides continuous subcutaneous infusion of insulin in adults that require insulin. Its orphan lung disease product, Tyvaso DPI (treprostinil) inhalation powder, is used in the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD).

What is the price predicton of MNKD Stock?

Wall Street analysts forecast MNKD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MNKD is9.25 USD with a low forecast of 7.50 USD and a high forecast of 11.00 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 MannKind Corp (MNKD)'s revenue for the last quarter?

MannKind Corp revenue for the last quarter amounts to 90.17M USD, increased 15.08

What is MannKind Corp (MNKD)'s earnings per share (EPS) for the last quarter?

MannKind Corp. EPS for the last quarter amounts to -0.05 USD, decreased -225.00

How many employees does MannKind Corp (MNKD). have?

MannKind Corp (MNKD) has 592 emplpoyees as of May 11 2026.

What is MannKind Corp (MNKD) market cap?

Today MNKD has the market capitalization of 1.09B USD.