InMed Pharmaceuticals Inc logo

InMed Pharmaceuticals Inc(INM)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
1-STAR RATING
SELL
SELL for 1 day
PROFIT SINCE LAST BUY
-23.27% ▼
LAST CLOSE
$12.2
11/10/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for INM

11/10/2026: INM (1-star) is a SELL. SELL for 1 day. Simulated Profits (-23.27%). Updated daily EoD!

InMed Pharmaceuticals is a clinical-stage biotechnology company developing cannabinoid-based therapies for unmet medical needs. Its core strengths include a proprietary biosynthetic manufacturing platform and a focused R&D pipeline targeting neurological and dermatological conditions. The primary growth opportunity lies in the potential success of pipeline candidates, specifically for Alzheimer's disease. However, the company faces high risks, including significant clinical trial failure probability, limited revenue, and the need for frequent capital raises. It is best suited for speculative investors comfortable with high volatility and long-term uncertainty in the biotech sector.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitThe company is high-risk and pre-commercial, making it speculative rather than a demonstrated growth play.
Momentum investorWeak fitLacks the consistent positive signals or high trading volume typically required for momentum strategies.
Value investorWeak fitThe lack of earnings and cash flow makes it fundamentally unsuitable for traditional value metrics.
Dividend investorWeak fitThe company does not generate profits and does not pay dividends.
Low-risk investorWeak fitThe volatility and clinical-stage nature represent high risk to principal.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighSmall-cap biotech stocks frequently experience extreme price swings based on trial data and financing news.
Valuation riskHighWithout revenue or earnings, valuation is speculative and highly susceptible to market sentiment.
Competition risk (Pharma R&D)HighInMed competes against large, well-capitalized firms with deeper resources for drug development.
Business qualityLowThe company is in an early, high-burn stage with no proven commercial product success.
Dividend incomeLow / noneNot applicable for a pre-revenue biotechnology company.
Execution riskHighThe ability to successfully move compounds through clinical trials is critical and uncertain.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -69.95%
Avg. Invested days 15
Today’s Advisory SELL
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/10/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
INM receives a 2-star rating, reflecting soft or weak scores across the available pillars. The rating is constrained by weak unit economics, soft analyst coverage, and weak price momentum.

Company Fundamentals

★★★★★
INM has moderate overall fundamentals (3 stars), with soft financial health, moderate growth momentum, and solid ownership. In FY2026 versus FY2025, strong revenue growth (+64167.3%) is partially offset by negative earnings growth (-53.9%), weak cash generation (FCF margin -272.1%), weak profitability (net margin -0.4%).

Financial Health Rating

★★★★★
INM's financial health is soft, with the relatively strongest area being moderate liquidity, including working-capital and asset support (WC/assets 23.8%). Profitability is soft (2 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is INM's strongest growth driver at +64167.3% FY2026 versus FY2025 (strong, 5 stars). By comparison, while earnings growth (-53.9%, negative) and free-cash-flow growth (-111185.8%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 53.5% and approximately 559.1% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.06%, which materially reduces the ownership score.

Top 5 Institutional Investors

ADAR1 Capital Management LLC 14.56%
Vivo Capital, LLC 14.53%
Squadron Capital Management LLC 5.92%
Ikarian Capital, LLC 4.46%
Ursa Fund Management, LLC 2.29%

Unit Economics (Per $1K Revenue)

★★★★★
INM generates approximately $223 of gross profit, $-3 of operating income, and $-2,721 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
INM has a liquid profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedSmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Sector & Industry Intelligence

Sector snapshot as of 2026-11-10

Sector

Healthcare

Signal
Constructive
Sentiment
Strong Bullish
Market state
Strong Bullish
Momentum
BUY Breadth Improving
BUY participation
60.0%
Active BUY / eligible
69 / 115
22-session BUY-count change
+29

More qualifying stocks are receiving or maintaining BUY advisories, indicating improving market participation.

Industry

Drug Manufacturers - Specialty & Generic

BUY participation
72.7%
Active BUY / eligible
8 / 11
22-session BUY-count change
+3

The sector signal does not change this stock’s BUY, SELL, or PASS advisory.

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 8.55M USD
Price to earnings Ratio -
1Y Target Price 20
Price to earnings Ratio -
1Y Target Price 20
Volume (30-day avg) 14.8K shares
Beta 0.99
52 Weeks Range 5.75 - 23.30
Updated Date 11/11/2026
52 Weeks Range 5.75 - 23.30
Updated Date 11/11/2026
Dividends yield (FY) -
Basic EPS (TTM) -27.6

How Company Makes Money

Business areaWhat it includesRetail investor read
Cannabinoid Ingredient SalesSale of high-purity rare cannabinoids produced via BayMedica platform.Small revenue stream; not currently a significant driver of profit.
R&D Licensing/PartnershipsPotential future licensing of clinical compounds.Future success depends on the ability to license drugs to larger pharma partners.

Valuation

Trailing PE -
Forward PE -
Enterprise Value 5.92M
Price to Sales(TTM) 0.89
Enterprise Value 5.92M
Price to Sales(TTM) 0.89
Enterprise Value to Revenue 0.46
Enterprise Value to EBITDA 0.51
Shares Outstanding 549.37K
Shares Floating 3.07M
Shares Outstanding 549.37K
Shares Floating 3.07M
Percent Insiders 0.06
Percent Institutions 53.49

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.