MNMD Chart
About

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.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 1.46B
Enterprise Value 1.31B Income -168.10M Sales —
Book/sh 1.70 Cash/sh 2.12 Dividend Yield —
Payout 0.00% Employees 74 IPO —
P/E — Forward P/E -8.47 PEG —
P/S — P/B 8.83 P/C —
EV/EBITDA -8.65 EV/Sales — Quick Ratio 3.20
Current Ratio 3.30 Debt/Eq 31.38 LT Debt/Eq —
EPS (ttm) -1.98 EPS next Y -1.77 EPS Growth —
Revenue Growth — Earnings 2026-03-05 ROA -33.95%
ROE -85.59% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 97.22M
Shs Float 97.56M Short Float 15.37% Short Ratio 7.82
Short Interest — 52W High 18.12 52W Low 4.70
Beta 2.62 Avg Volume 2.12M Volume 2.04M
Target Price $28.67 Recom Strong_buy Prev Close $14.87
Price $15.02 Change 1.01%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$28.67
Mean price target
2. Current target
$15.02
Latest analyst target
3. DCF / Fair value
$-8.83
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$15.02
Low
$16.00
High
$61.00
Mean
$28.67
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 11276 148244 — Sale at price 13.15 per share. SULLIVAN MARK R Officer — 2025-12-26 00:00:00 D
1 25791 339072 — Sale at price 13.15 per share. BARROW ROBERT B Chief Executive Officer — 2025-12-26 00:00:00 D
2 5600 73623 — Sale at price 13.15 per share. KARLIN DANIEL ROLLINGS Officer — 2025-12-26 00:00:00 D
3 11278 110186 — Sale at price 9.77 per share. SULLIVAN MARK R Officer — 2025-09-25 00:00:00 D
4 25797 252037 — Sale at price 9.77 per share. BARROW ROBERT B Chief Executive Officer — 2025-09-25 00:00:00 D
5 7704 75268 — Sale at price 9.77 per share. KARLIN DANIEL ROLLINGS Officer — 2025-09-25 00:00:00 D
6 11491 78139 — Sale at price 6.80 per share. SULLIVAN MARK R Officer — 2025-06-25 00:00:00 D
7 26491 180139 — Sale at price 6.80 per share. BARROW ROBERT B Chief Executive Officer — 2025-06-25 00:00:00 D
8 7848 53366 — Sale at price 6.80 per share. KARLIN DANIEL ROLLINGS Officer — 2025-06-25 00:00:00 D
9 6576 44322 — Sale at price 6.74 per share. SULLIVAN MARK R Officer — 2025-03-25 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.00-1.06K
TaxRateForCalcs0.000.000.000.01
NormalizedEBITDA-91.83M-85.17M-71.19M-91.15M
TotalUnusualItems-14.04M-6.48M8.04M-86.00K
TotalUnusualItemsExcludingGoodwill-14.04M-6.48M8.04M-86.00K
NetIncomeFromContinuingOperationNetMinorityInterest-108.68M-95.73M-56.80M-93.04M
ReconciledDepreciation527.00K3.16M3.18M2.62M
EBITDA-105.87M-91.65M-63.15M-91.24M
EBIT-106.40M-94.81M-66.33M-93.85M
NetInterestIncome9.28M4.66M1.50M-359.00K
InterestExpense2.28M920.00K359.00K
InterestIncome11.56M5.58M
NormalizedIncome-94.64M-89.25M-64.83M-92.95M
NetIncomeFromContinuingAndDiscontinuedOperation-108.68M-95.73M-56.80M-93.04M
TotalExpenses103.92M93.87M66.33M93.85M
TotalOperatingIncomeAsReported-103.92M-93.87M-66.33M-93.85M
DilutedAverageShares70.46M39.16M30.86M27.38M
BasicAverageShares70.46M39.16M30.86M27.38M
DilutedEPS-1.54-2.44-1.84-3.45
BasicEPS-1.54-2.44-1.84-3.45
DilutedNIAvailtoComStockholders-108.68M-95.73M-56.80M-93.04M
NetIncomeCommonStockholders-108.68M-95.73M-56.80M-93.04M
NetIncome-108.68M-95.73M-56.80M-93.04M
NetIncomeIncludingNoncontrollingInterests-108.68M-95.73M-56.80M-93.04M
NetIncomeContinuousOperations-108.68M-95.73M-56.80M-93.04M
TaxProvision0.00-1.16M
PretaxIncome-108.68M-95.73M-56.80M-94.19M
OtherIncomeExpense-14.04M-6.53M8.04M20.00K
OtherNonOperatingIncomeExpenses-51.00K2.00K106.00K
SpecialIncomeCharges2.54M0.00
OtherSpecialCharges-2.54M
GainOnSaleOfSecurity-16.58M-6.48M8.04M-86.00K
NetNonOperatingInterestIncomeExpense9.28M4.66M1.50M-359.00K
TotalOtherFinanceCost-4.66M-1.50M359.00K
InterestExpenseNonOperating2.28M920.00K359.00K
InterestIncomeNonOperating11.56M5.58M
OperatingIncome-103.92M-93.87M-66.33M-93.85M
OperatingExpense103.92M93.87M66.33M93.85M
ResearchAndDevelopment65.30M52.12M36.17M34.79M
SellingGeneralAndAdministration38.62M41.74M30.16M59.06M
GeneralAndAdministrativeExpense38.62M41.74M30.16M59.06M
OtherGandA38.62M41.74M30.16M59.06M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber75.10M41.10M37.98M28.10M
ShareIssued75.10M41.10M37.98M28.10M
TotalDebt21.85M14.13M72.00K0.00
TangibleBookValue221.53M57.69M127.31M124.88M
InvestedCapital263.30M92.26M150.92M151.66M
WorkingCapital242.77M71.63M128.16M126.81M
NetTangibleAssets221.53M57.69M127.31M124.88M
CapitalLeaseObligations72.00K0.00
CommonStockEquity241.45M78.13M150.92M151.66M
TotalCapitalization263.30M92.26M150.92M151.66M
TotalEquityGrossMinorityInterest241.45M78.13M150.92M151.66M
StockholdersEquity241.45M78.13M150.92M151.66M
GainsLossesNotAffectingRetainedEarnings819.00K343.00K627.00K1.05M
OtherEquityAdjustments819.00K343.00K627.00K1.05M
RetainedEarnings-398.88M-290.20M-194.47M-137.67M
AdditionalPaidInCapital639.51M367.99M344.76M288.29M
CapitalStock0.000.000.000.00
CommonStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest60.70M46.41M19.08M12.34M
TotalNonCurrentLiabilitiesNetMinorityInterest21.85M14.16M1.18M1.93M
OtherNonCurrentLiabilities32.00K1.18M1.93M
TradeandOtherPayablesNonCurrent1.93M
LongTermDebtAndCapitalLeaseObligation21.85M14.13M
LongTermDebt21.85M14.13M
CurrentLiabilities38.85M32.25M17.89M10.41M
OtherCurrentLiabilities24.01M16.48M9.90M
CurrentDebtAndCapitalLeaseObligation72.00K
CurrentCapitalLeaseObligation72.00K0.00
PensionandOtherPostRetirementBenefitPlansCurrent6.41M4.53M3.20M2.29M
PayablesAndAccruedExpenses8.43M11.24M4.79M8.11M
CurrentAccruedExpenses6.42M4.27M1.11M3.22M
Payables2.01M6.98M3.68M4.89M
OtherPayable2.84M1.57M716.00K
AccountsPayable2.01M4.14M2.11M4.18M
TotalAssets302.15M124.54M169.99M164.00M
TotalNonCurrentAssets20.53M20.67M23.94M26.79M
OtherNonCurrentAssets613.00K224.00K331.00K
GoodwillAndOtherIntangibleAssets19.92M20.45M23.61M26.79M
OtherIntangibleAssets527.00K3.69M6.87M
Goodwill19.92M19.92M19.92M19.92M
CurrentAssets281.62M103.87M146.06M137.22M
OtherCurrentAssets7.88M4.17M3.91M3.68M
PrepaidAssets3.91M3.68M
CashCashEquivalentsAndShortTermInvestments273.74M99.70M142.14M133.54M
CashAndCashEquivalents273.74M99.70M142.14M133.54M
CashFinancial133.54M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-79.13M-64.36M-50.14M-45.82M
RepaymentOfDebt-128.00K-844.00K0.00
IssuanceOfDebt10.98M22.53M0.00
IssuanceOfCapitalStock250.00M0.0042.30M81.92M
InterestPaidSupplementalData2.22M534.00K0.00
EndCashPosition273.74M99.70M142.14M133.54M
BeginningCashPosition99.70M142.14M133.54M80.09M
EffectOfExchangeRateChanges-30.00K79.00K-309.00K742.00K
ChangesInCash174.07M-42.52M8.91M52.70M
FinancingCashFlow253.20M21.85M59.05M98.82M
CashFlowFromContinuingFinancingActivities253.20M21.85M59.05M98.82M
NetOtherFinancingCharges-8.38M114.00K-1.91M
ProceedsFromStockOptionExercised716.00K49.00K18.66M16.90M
NetCommonStockIssuance250.00M0.0042.30M81.92M
CommonStockIssuance250.00M0.0042.30M81.92M
NetIssuancePaymentsOfDebt10.86M21.68M0.00
NetLongTermDebtIssuance10.86M21.68M0.00
LongTermDebtPayments-128.00K-844.00K0.00
LongTermDebtIssuance10.98M22.53M0.00
InvestingCashFlow0.00-297.00K
CashFlowFromContinuingInvestingActivities0.00-297.00K
NetBusinessPurchaseAndSale0.00-297.00K
PurchaseOfBusiness0.00-297.00K
OperatingCashFlow-79.13M-64.36M-50.14M-45.82M
CashFlowFromContinuingOperatingActivities-79.13M-64.36M-50.14M-45.82M
ChangeInWorkingCapital-3.34M6.28M-3.78M1.88M
ChangeInOtherWorkingCapital-180.00K-1.16M
ChangeInOtherCurrentLiabilities-32.00K-1.15M-870.00K
ChangeInOtherCurrentAssets48.00K51.00K-180.00K
ChangeInPayablesAndAccruedExpense977.00K7.34M-2.47M5.20M
ChangeInAccruedExpense3.10M5.32M-416.00K4.63M
ChangeInPayable-2.13M2.02M-2.06M569.00K
ChangeInAccountPayable-2.13M2.02M-2.06M1.28M
ChangeInPrepaidAssets-4.34M39.00K-260.00K-2.16M
OtherNonCashItems-993.00K468.00K43.00K
StockBasedCompensation16.91M15.18M13.71M42.72M
DepreciationAmortizationDepletion527.00K3.16M3.18M2.62M
DepreciationAndAmortization527.00K3.16M3.18M2.62M
AmortizationCashFlow527.00K3.16M3.18M2.62M
AmortizationOfIntangibles527.00K3.16M3.18M2.62M
OperatingGainsLosses16.45M6.27M-6.49M
GainLossOnInvestmentSecurities15.94M6.64M-6.34M
NetForeignCurrencyExchangeGainLoss506.00K-363.00K-148.00K0.00
NetIncomeFromContinuingOperations-108.68M-95.73M-56.80M-93.04M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for MNMD
Date User Asset Broker Type Position Size Entry Price Patterns