Relmada Therapeutics Inc logo

Relmada Therapeutics Inc(RLMD)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
2-STAR RATING
PASS
LAST CLOSE
$3.36
10/20/2026
(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 RLMD

10/20/2026: RLMD (2-star) is currently NOT-A-BUY. Pass it for now.

Relmada Therapeutics is a clinical-stage biotechnology company focused on developing novel treatments for central nervous system disorders, primarily major depressive disorder. Its main value driver is its lead asset, REL-1017, which aims to provide faster-acting relief than existing standard therapies. While the company has shown progress in advancing its pipeline, it remains a high-risk, speculative investment with no current commercial revenue. Key risks include intense competition from large pharmaceutical firms, the binary outcomes of clinical trials, and potential share dilution from future financing. The stock may suit growth-oriented investors with high risk tolerance who are looking for exposure to potential breakthroughs in psychiatry.

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 investorMixed fitThe company offers high-risk, high-reward growth potential tied to clinical binary events.
Momentum investorStrong fit while signal remains positiveMomentum investors may find opportunity during periods of positive clinical data releases or favorable regulatory news.
Value investorWeak fitThe company lacks stable earnings or cash flow, making standard value metrics inapplicable.
Dividend investorWeak fitThe company does not pay a dividend and has no near-term plans to initiate one.
Low-risk investorWeak fitThe inherent risks of clinical-stage biotech development create high volatility unsuitable for conservative investors.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighClinical-stage biotech stocks are susceptible to sharp price swings based on trial data and regulatory updates.
Valuation riskMedium / highValuations are highly speculative as they are based on future potential rather than current profits.
Competition risk (CNS drug market)HighThe company competes with deep-pocketed pharmaceutical companies for market share in the antidepressant space.
Business qualityMediumWhile the science is promising, the company is still early in proving commercial viability.
Dividend incomeLow / noneInvestors should not expect income generation from this stock.
Execution riskHighSuccess depends entirely on the outcome of complex and expensive clinical trials.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

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 48.79%
Avg. Invested days 24
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
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 10/20/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
RLMD receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
RLMD has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, solid earnings growth (+28.3%) is partially offset by soft cash generation (FCF margin 0.0%), slightly negative revenue growth (+0.0%), soft profitability (net margin 0.0%).

Financial Health Rating

★★★★★
RLMD's financial health is supported by strong efficiency, including operating-expense and cost-of-revenue discipline (opex 0.0% of revenue). Profitability is weak (1 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is RLMD's strongest growth driver at +28.3% FY2025 versus FY2024 (solid, 4 stars). By comparison, free-cash-flow growth (+11.5%, solid) is also solid, while revenue growth (+0.0%, slightly negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 94.7% and approximately 77.5% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 3.23% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

Jupiter Topco LLC 10.47%
HHG PLC 10.37%
BlackRock Inc 6.96%
Squadron Capital Management LLC 6.89%
VR Adviser, LLC 6.42%

Unit Economics (Per $1K Revenue)

★★★★★
RLMD generates approximately $0 of gross profit, $-0 of operating income, and $-0 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Weak margins explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
RLMD has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Low VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 337.08M USD
Price to earnings Ratio -
1Y Target Price 10.75
Price to earnings Ratio -
1Y Target Price 10.75
Volume (30-day avg) 1.3M shares
Beta 0.51
52 Weeks Range 1.98 - 8.00
Updated Date 10/20/2026
52 Weeks Range 1.98 - 8.00
Updated Date 10/20/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.91

How Company Makes Money

Business areaWhat it includesRetail investor read
Drug DevelopmentClinical stage research and development of pharmaceutical assets.The company currently has no revenue-generating products and spends money to research and test potential new drugs.
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Valuation

Trailing PE -
Forward PE -
Enterprise Value 185.48M
Price to Sales(TTM) 9001.9
Enterprise Value 185.48M
Price to Sales(TTM) 9001.9
Enterprise Value to Revenue 7110.5
Enterprise Value to EBITDA 0.54
Shares Outstanding 106.67M
Shares Floating 82.64M
Shares Outstanding 106.67M
Shares Floating 82.64M
Percent Insiders 3.23
Percent Institutions 94.68

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.