MNMD official logo MNMD
MNMD 1-star rating from Upturn Advisory
Mind Medicine Inc (MNMD) company logo

Mind Medicine Inc (MNMD)

Mind Medicine Inc (MNMD) 1-star rating from Upturn Advisory
$11.53
Last Close (24-hour delay)
Profit since last BUY-4.24%
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WEAK BUY
BUY since 28 days
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  • SELL Advisory (Loss)
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Upturn Stock price based on last close icon Stock price based on last close
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Upturn Advisory Summary

11/05/2025: MNMD (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

3 star rating from financial analysts

11 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $25.64

1 Year Target Price $25.64

Analysts Price Target For last 52 week
$25.64 Target price
52w Low $4.7
Current$11.53
52w High $14.43

Analysis of Past Performance

Type Stock
Historic Profit 32.33%
Avg. Invested days 32
Today’s Advisory WEAK BUY
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.10B USD
Price to earnings Ratio -
1Y Target Price 25.64
Price to earnings Ratio -
1Y Target Price 25.64
Volume (30-day avg) 11
Beta 2.79
52 Weeks Range 4.70 - 14.43
Updated Date 11/6/2025
52 Weeks Range 4.70 - 14.43
Updated Date 11/6/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.34

Earnings Date

Report Date 2025-11-12
When -
Estimate -0.39
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -30.55%
Return on Equity (TTM) -59.11%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 787992663
Price to Sales(TTM) -
Enterprise Value 787992663
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -6.57
Shares Outstanding 97219193
Shares Floating 70203301
Shares Outstanding 97219193
Shares Floating 70203301
Percent Insiders 0.61
Percent Institutions 43.82

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Mind Medicine Inc

Mind Medicine Inc(MNMD) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Mind Medicine (MindMed) Inc. was founded in 2019. It is a biopharmaceutical company developing psychedelic-inspired medicines and therapies to address mental health and addiction.

Company business area logo Core Business Areas

  • Drug Development: Focuses on researching, developing, and commercializing novel psychedelic and psychedelic-inspired therapies for mental health disorders.
  • Clinical Trials: Conducts clinical trials to evaluate the safety and efficacy of its drug candidates.
  • Technology Development: Explores digital therapeutics and technologies to enhance the delivery of mental healthcare.

leadership logo Leadership and Structure

Robert Barrow is the CEO. The organizational structure includes departments for research and development, clinical operations, and commercial strategy.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • MM-120 (LSD):: A proprietary form of LSD being developed for generalized anxiety disorder (GAD). Currently in Phase 2b clinical trials. Competitors in anxiety treatment include traditional pharmaceuticals (SSRIs, SNRIs) from companies like Pfizer and Eli Lilly, and other emerging therapies. Revenue is currently nil as MM-120 is in development.
  • MM-402 (R-MDMA):: Developing an enantiomer of MDMA, R-MDMA, for the treatment of core symptoms of autism spectrum disorder (ASD). Currently in Phase 1 clinical trials. Competitors include pharmaceutical interventions targeting symptoms of ASD from companies like Janssen and Otsuka Pharmaceutical. Revenue is currently nil as MM-402 is in development.

Market Dynamics

industry overview logo Industry Overview

The psychedelic medicine industry is an emerging field focused on developing and commercializing psychedelic compounds for mental health conditions. It's characterized by regulatory hurdles, high research costs, and growing investor interest.

Positioning

MindMed is a prominent player in the psychedelic medicine space, focusing on LSD and MDMA-based therapies. Its competitive advantages include its clinical trial progress and intellectual property portfolio.

Total Addressable Market (TAM)

The TAM for mental health treatments is estimated to be in the tens of billions of dollars annually. MindMed is positioned to capture a portion of this market with its novel therapies. The exact TAM that can be captured will depend on regulatory approvals and clinical trials.

Upturn SWOT Analysis

Strengths

  • Strong intellectual property portfolio
  • Experienced leadership team
  • Advanced clinical trial programs
  • Focus on underserved mental health needs

Weaknesses

  • Limited revenue stream (pre-commercialization)
  • High cash burn rate
  • Reliance on successful clinical trial outcomes
  • Regulatory uncertainties surrounding psychedelic medicines

Opportunities

  • Potential for breakthrough therapies in mental health
  • Partnerships with pharmaceutical companies
  • Expansion into new indications
  • Growing acceptance of psychedelic medicines

Threats

  • Competition from established pharmaceutical companies
  • Regulatory delays and setbacks
  • Negative public perception of psychedelics
  • Clinical trial failures

Competitors and Market Share

Key competitor logo Key Competitors

  • GH Research (GHRS)
  • COMPASS Pathways (CMPS)
  • ATAI Life Sciences (ATAI)

Competitive Landscape

MindMed competes with other companies developing psychedelic-inspired therapies. Its competitive advantages include its focus on LSD and MDMA-based treatments and its progress in clinical trials. Disadvantages include its relatively smaller size and limited financial resources compared to some competitors.

Major Acquisitions

HealthMode

  • Year: 2020
  • Acquisition Price (USD millions): 32.4
  • Strategic Rationale: Acquisition of HealthMode to advance its digital medicine strategy for mental health.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is primarily measured by the progress of clinical trials and the expansion of the drug pipeline.

Future Projections: Future growth depends on the successful completion of clinical trials and regulatory approvals. Analyst estimates vary significantly depending on the perceived probability of success.

Recent Initiatives: Recent initiatives include advancing MM-120 through Phase 2b trials and exploring new indications for its drug candidates.

Summary

MindMed is a biopharmaceutical company in the emerging psychedelic medicine space. Its success hinges on the outcomes of clinical trials and regulatory approvals for its drug candidates, particularly MM-120. The company faces risks related to competition, regulation, and financing. Positive clinical trial results would strongly benefit the company's future.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications
  • Company Press Releases

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investment in biopharmaceutical companies is inherently risky, and past performance is not indicative of future results.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Mind Medicine Inc

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2020-03-03
CEO & Director Mr. Robert Barrow
Sector Healthcare
Industry Biotechnology
Full time employees 74
Full time employees 74

Mind Medicine (MindMed) Inc., a clinical stage biopharmaceutical company, develops novel products to treat brain health disorders. The company's lead product candidates include MM120, which is in phase 3 for the treatment of generalized anxiety disorder and attention deficit hyperactivity disorder; and MM402, a R-enantiomer of 3,4-methylenedioxymethamphetamine, which is in phase I clinical trials for the treatment of core symptoms of autism spectrum disorder. Mind Medicine (MindMed) Inc. is headquartered in New York, New York.