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OVID Overview

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ET
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ET
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Intellectia

Loading chart...

High
2.770
Open
2.630
VWAP
2.68
Vol
1.67M
Mkt Cap
509.53M
Low
2.540
Amount
4.48M
EV/EBITDA(TTM)
--
Total Shares
186.64M
EV
337.21M
EV/OCF(TTM)
--
P/S(TTM)
33.37
Ovid Therapeutics Inc. is a biopharmaceutical company dedicated to developing small-molecule medicines for brain conditions with significant unmet need. It is advancing a pipeline of novel, targeted small-molecule candidates that modulate the intrinsic and extrinsic factors involved in neuronal hyperexcitability causative of multiple neurological and neuropsychiatric disorders. It develops OV329, which is a GABA-aminotransferase inhibitor, as a potential therapy for treatment-resistant seizures and other undisclosed indications; OV350, OV4071 and others within a library of compounds that directly activate the KCC2 transporter, for multiple CNS disorders. It also maintains the KCC2 library, which is a portfolio of potential first-in-class direct activators of potassium chloride cotransporter2. Both OV350 and OV4071 are intended for the potential treatment of psychosis associated with neuronal-synuclein diseases (NSD), which include Parkinson’s disease and Lewy body dementia (LBD).
Show More

Events Timeline

(ET)
2026-05-12
07:30:00
Meg Alexander: Company Progressing Well, Well Capitalized into 2029
select
2026-04-21 (ET)
2026-04-21
16:40:00
Ovid Therapeutics Files to Sell 29.86M Shares of Common Stock
select
2026-03-18 (ET)
2026-03-18
16:20:00
Major Averages Decline Amid Middle East Conflict
select
2026-03-18
12:00:00
Major Averages Decline Again Amid Geopolitical Risks
select
2026-03-18
06:20:00
Company Initiates Phase 1 Trial for OV4071
select

News

seekingalpha
9.5
05-12seekingalpha
Ovid Therapeutics Reports Q1 Results and Pipeline Updates
  • Financial Performance: Ovid Therapeutics reported a Q1 GAAP EPS of -$0.12, aligning with market expectations, indicating stability in financial performance despite ongoing losses.
  • Cash Reserves: As of March 31, 2026, the company held $165.6 million in cash, cash equivalents, and marketable securities, excluding $27.3 million received in April 2026 from the exercise of Series A warrants, ensuring funding for ongoing R&D efforts.
  • Financing Progress: Ovid Therapeutics secured $60 million in financing to advance its OV329 epilepsy drug, which will accelerate clinical trials and enhance its competitive position in the CNS disorders market.
  • Pipeline Updates: The company discussed advancements in KCC2 research and its pipeline for CNS disorders, reflecting ongoing efforts in innovative drug development aimed at addressing unmet medical needs and driving future growth.
NASDAQ.COM
6.0
04-08NASDAQ.COM
Wedbush Reiterates Ovid Therapeutics at Outperform with $7 Price Target
  • Catalyst Event: Ovid Therapeutics is set to host a KCC2-focused R&D Day on April 14, 2026, which analysts believe will serve as a significant catalyst, potentially enhancing market interest in the company's CNS advancements and stock performance.
  • Pipeline Development: Ovid's pipeline includes OV329 and OV4071, with the former demonstrating a favorable safety profile in Phase 1 trials, while success in the Parkinson's disease psychosis indication for OV4071 could add approximately $3 to $5 per share to the company's valuation, highlighting its market potential.
  • Strong Financial Position: As of December 31, 2025, Ovid reported $90.4 million in cash and equivalents, expected to fund critical studies for OV329 and OV4071 into late 2028, with the possibility of extending the runway to 2029, thereby bolstering investor confidence.
  • Market Performance Review: Ovid's stock has traded between $0.2430 and $2.72 over the past year, closing at $2.56 on Tuesday with an 11.30% increase, reflecting optimistic market sentiment regarding its future R&D potential.
Fool
8.5
03-18Fool
Ovid Therapeutics Stock Surges 18% on Positive OV329 Data
  • Stock Surge: Ovid Therapeutics' stock rose over 18% as of midnight today, reflecting strong market confidence in the company's future prospects following positive news regarding its drug candidate OV329.
  • Drug Development Progress: OV329, a next-generation GABA-AT inhibitor aimed at treating rare and treatment-resistant epilepsy, is believed by management to be more potent than the first-generation drug Vigabatrin, with a better safety and tolerability profile, potentially improving patient quality of life significantly.
  • Clinical Trial Results: The latest Phase 1 trial results showed no treatment-related adverse events in the 7 mg cohort, and ophthalmic assessments revealed no evidence of ocular or retinal changes associated with OV329, indicating promising safety data.
  • Funding Plan: The company announced a $60 million private placement intended to support the development of OV329 for other indications, including tuberous sclerosis complex seizures and infantile spasms, as well as a Phase 2 trial for focal onset seizures in drug-resistant patients, providing crucial funding for future growth.
NASDAQ.COM
8.5
03-18NASDAQ.COM
Ovid Therapeutics' OV329 Shows Promising Safety and Efficacy in Phase 1 Study
  • Drug Development Progress: Ovid Therapeutics defines OV329 as a 'next-generation GABA-AT inhibitor' aimed at treating rare and treatment-resistant epilepsy and seizures, with management asserting it is more potent and safer than the first-generation drug Vigabatrin, showcasing the company's innovative potential in neurology.
  • Promising Safety Data: The latest Phase 1 trial of OV329 at a 7 mg dose reported 'no treatment-related adverse events,' and ophthalmic assessments showed no evidence of ocular or retinal changes associated with OV329, establishing a solid foundation for further development.
  • Funding for R&D: Ovid announced a $60 million private placement to support OV329's development in additional indications, including tuberous sclerosis complex seizures and infantile spasms, demonstrating the company's strong commitment to advancing its drug pipeline.
  • Positive Stock Reaction: Ovid Therapeutics' stock rose over 18% today, reflecting market optimism regarding OV329 and indicating investor confidence in the company's potential impact on epilepsy treatment in the future.
NASDAQ.COM
8.5
03-18NASDAQ.COM
Coherent Corp. Shares Rise 6% Ahead of OFC 2026 Showcase
  • Stock Performance: Coherent Corp.'s shares are climbing approximately 6% in Wednesday morning trading, currently priced at $260.86, reflecting a 6.10% increase from the opening price of $251.94, indicating strong market optimism about its future performance.
  • Trading Volatility: The stock has reached a high of $265.80 during today's session, with a yearly trading range of $45.58 to $300.20, showcasing investor confidence in the company's innovative capabilities.
  • Technology Showcase: The company will highlight the breadth and scalability of its Indium Phosphide (InP) innovations at OFC 2026, covering high-power lasers, advanced modulators, photodiodes, and integrated subsystems, underscoring its technological leadership in AI-driven networks.
  • Strategic Commitment: By expanding its InP platform, Coherent Corp. demonstrates its commitment to delivering the performance, scalability, and manufacturing depth required to meet the growing demands of AI networks, thereby enhancing its competitive position in the market.
Yahoo Finance
2.0
03-18Yahoo Finance
Health Care Stocks Decline in Premarket Trading
  • Market Trend: Health care stocks are generally declining in premarket trading on Wednesday, reflecting a cautious investor sentiment likely influenced by overall market emotions and economic data.
  • Sector Impact: The drop in the Health Care Select Sector Index may affect the stock performance of related companies, especially amid unclear future earnings expectations from investors.
  • Investor Reaction: As market volatility increases, investors may reassess the investment value of health care stocks, leading to capital outflows that further exacerbate downward pressure on stock prices.
  • Economic Context: Given the heightened economic uncertainty, the performance of the health care sector may be more significantly impacted, prompting investors to closely monitor relevant policies and market dynamics.
Wall Street analysts forecast OVID stock price to rise
8 Analyst Rating
Wall Street analysts forecast OVID stock price to rise
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
2.00
Averages
4.17
High
7.00
Current: 0.000
sliders
Low
2.00
Averages
4.17
High
7.00
Roth Capital
Buy
maintain
$5 -> $7
AI Analysis
2026-05-14
Reason
Roth Capital
Price Target
$5 -> $7
AI Analysis
2026-05-14
maintain
Buy
Reason
Roth Capital raised the firm's price target on Ovid Therapeutics to $7 from $5 and keeps a Buy rating on the shares. The firm is updating its discount cash flow models by including revenue contribution for LBDP and PDP - Lewy Body Dementia Psychosis and Parkinson's Disease Psychosis - indications in the wake of initiations of Phase 1 healthy volunteer study of OV4071, the analyst tells investors in a research note.
H.C. Wainwright
Buy
maintain
$2 -> $4
2026-04-09
Reason
H.C. Wainwright
Price Target
$2 -> $4
2026-04-09
maintain
Buy
Reason
H.C. Wainwright raised the firm's price target on Ovid Therapeutics to $4 from $2 and keeps a Buy rating on the shares. The company's OV4071 oral KCC2 candidate is entering the clinic imminently, triggering warrant exercises, the analyst tells investors in a research note. The firm says Ovid has multiple additional potential therapeutic applications slated to be explored with its KCC2 portfolio candidates. H.C. Wainwright cites increased confidence in OV329 for the target doubling.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for OVID
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Valuation Metrics

The current forward P/E ratio for Ovid Therapeutics Inc (OVID.O) is 1.79, compared to its 5-year average forward P/E of -3.04. For a more detailed relative valuation and DCF analysis to assess Ovid 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
-3.04
Current PE
1.79
Overvalued PE
-0.87
Undervalued PE
-5.20

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
-17.92
Current EV/EBITDA
-396.02
Overvalued EV/EBITDA
49.43
Undervalued EV/EBITDA
-85.26

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
N/A
5Y Average PS
450.69
Current PS
2810.74
Overvalued PS
1091.18
Undervalued PS
-189.81

Financials

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Whales Holding OVID

A
Affinity Asset Advisors, LLC
Holding
OVID
+7.94%
3M Return
R
RA Capital Management, L.P.
Holding
OVID
-3.23%
3M Return

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Frequently Asked Questions

What is Ovid Therapeutics Inc (OVID) stock price today?

The current price of OVID is 2.73 USD — it has increased 3.41

What is Ovid Therapeutics Inc (OVID)'s business?

Ovid Therapeutics Inc. is a biopharmaceutical company dedicated to developing small-molecule medicines for brain conditions with significant unmet need. It is advancing a pipeline of novel, targeted small-molecule candidates that modulate the intrinsic and extrinsic factors involved in neuronal hyperexcitability causative of multiple neurological and neuropsychiatric disorders. It develops OV329, which is a GABA-aminotransferase inhibitor, as a potential therapy for treatment-resistant seizures and other undisclosed indications; OV350, OV4071 and others within a library of compounds that directly activate the KCC2 transporter, for multiple CNS disorders. It also maintains the KCC2 library, which is a portfolio of potential first-in-class direct activators of potassium chloride cotransporter2. Both OV350 and OV4071 are intended for the potential treatment of psychosis associated with neuronal-synuclein diseases (NSD), which include Parkinson’s disease and Lewy body dementia (LBD).

What is the price predicton of OVID Stock?

Wall Street analysts forecast OVID stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OVID is4.17 USD with a low forecast of 2.00 USD and a high forecast of 7.00 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 Ovid Therapeutics Inc (OVID)'s revenue for the last quarter?

Ovid Therapeutics Inc revenue for the last quarter amounts to 0.00 USD, decreased -100.00

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

Ovid Therapeutics Inc. EPS for the last quarter amounts to -0.12 USD, decreased -14.29

How many employees does Ovid Therapeutics Inc (OVID). have?

Ovid Therapeutics Inc (OVID) has 23 emplpoyees as of May 30 2026.

What is Ovid Therapeutics Inc (OVID) market cap?

Today OVID has the market capitalization of 509.53M USD.