Symbols / MNOV $1.37 +0.74% MediciNova, Inc.

Healthcare • Biotechnology • United States • NGM
MNOV Chart
About

MediciNova, Inc., a biopharmaceutical company, focuses on developing novel and small molecule therapeutics for the treatment of serious diseases with unmet medical needs in the United States. It develops MN-166 (ibudilast), an oral anti-inflammatory and neuroprotective agent in Phase 2 clinical trial for treating neurological and other disorders, such as progressive multiple sclerosis, amyotrophic lateral sclerosis, chemotherapy-induced peripheral neuropathy, degenerative cervical myelopathy, and glioblastoma, as well as prevention of acute respiratory distress syndrome. The company is also developing MN-001 (tipelukast), an orally bioavailable small molecule compound in Phase 2 clinical trial to treat fibrotic and other metabolic disorders, including nonalcoholic fatty liver disease and hypertriglycedemia. MediciNova, Inc. was incorporated in 2000 and is headquartered in La Jolla, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 67.43M
Enterprise Value 36.35M Income -12.00M Sales 409.66K
Book/sh 0.84 Cash/sh 0.63 Dividend Yield
Payout 0.00% Employees 6 IPO
P/E Forward P/E -3.30 PEG
P/S 164.61 P/B 1.62 P/C
EV/EBITDA -2.74 EV/Sales 88.72 Quick Ratio 8.11
Current Ratio 8.16 Debt/Eq 0.51 LT Debt/Eq
EPS (ttm) -0.24 EPS next Y -0.41 EPS Growth
Revenue Growth Earnings 2026-05-13 ROA -16.36%
ROE -25.50% ROIC Gross Margin 7.58%
Oper. Margin -20.38% Profit Margin 0.00% Shs Outstand 49.22M
Shs Float 42.26M Short Float 0.48% Short Ratio 3.35
Short Interest 52W High 1.96 52W Low 1.13
Beta 0.60 Avg Volume 75.65K Volume 30.68K
Target Price $9.00 Recom Strong_buy Prev Close $1.36
Price $1.37 Change 0.74%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$9.00
Mean price target
2. Current target
$1.37
Latest analyst target
3. DCF / Fair value
$-2.23
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.37
Low
$6.00
High
$11.00
Mean
$9.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-16 init HC Wainwright & Co. — → Buy $10
2026-01-30 main D. Boral Capital Buy → Buy $9
2025-12-18 main D. Boral Capital Buy → Buy $9
2025-12-08 main D. Boral Capital Buy → Buy $9
2025-11-04 main D. Boral Capital Buy → Buy $9
2025-10-31 main D. Boral Capital Buy → Buy $9
2025-09-22 main D. Boral Capital Buy → Buy $9
2025-08-27 main D. Boral Capital Buy → Buy $9
2025-07-24 main D. Boral Capital Buy → Buy $9
2025-06-16 main B. Riley Securities Buy → Buy $5
2025-04-09 main D. Boral Capital Buy → Buy $9
2025-03-14 main D. Boral Capital Buy → Buy $9
2025-02-21 main D. Boral Capital Buy → Buy $9
2024-12-06 main D. Boral Capital Buy → Buy $9
2024-12-02 init D. Boral Capital — → Buy $9
2021-03-10 init Maxim Group — → Buy $15
2020-03-13 main B. Riley Securities — → Buy $11
2018-03-28 init B. Riley Securities — → Buy $22
2012-05-24 main Ladenburg Thalmann — → Buy $11
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
0.41
0.00
-100.00%
1.00
0.00
Operating Revenue
0.41
0.00
-100.00%
1.00
0.00
Cost Of Revenue
0.38
0.00
Reconciled Cost Of Revenue
0.38
0.00
Gross Profit
0.03
0.00
Operating Expense
13.31
+5.04%
12.68
+16.28%
10.90
-25.49%
14.63
Research And Development
7.15
-0.55%
7.19
+27.16%
5.66
-38.12%
9.14
Selling General And Administration
6.16
+12.38%
5.48
+4.54%
5.24
-4.42%
5.48
General And Administrative Expense
6.16
+12.38%
5.48
+4.54%
5.24
-4.42%
5.48
Other Gand A
6.16
+12.38%
5.48
+4.54%
5.24
-4.42%
5.48
Total Expenses
13.69
+8.03%
12.68
+16.28%
10.90
-25.49%
14.63
Operating Income
-13.28
-4.79%
-12.68
-28.03%
-9.90
+32.32%
-14.63
Total Operating Income As Reported
-13.28
-4.79%
-12.68
-28.03%
-9.90
+32.32%
-14.63
EBITDA
-13.26
-4.81%
-12.65
-28.08%
-9.88
+32.38%
-14.61
Normalized EBITDA
-13.26
-4.81%
-12.65
-28.08%
-9.88
+32.38%
-14.61
Reconciled Depreciation
0.02
-4.64%
0.02
+3.85%
0.02
+14.62%
0.02
EBIT
-13.28
-4.79%
-12.68
-28.03%
-9.90
+32.32%
-14.63
Net Income
-12.00
-8.58%
-11.05
-28.91%
-8.57
+39.08%
-14.07
Pretax Income
-11.99
-8.58%
-11.04
-28.89%
-8.57
+39.08%
-14.07
Net Non Operating Interest Income Expense
1.30
-21.97%
1.67
-8.93%
1.83
+126.59%
0.81
Net Interest Income
1.30
-21.97%
1.67
-8.93%
1.83
+126.59%
0.81
Interest Income Non Operating
1.30
-21.97%
1.67
-8.93%
1.83
+126.59%
0.81
Interest Income
1.30
-21.97%
1.67
-8.93%
1.83
+126.59%
0.81
Other Income Expense
-0.01
+67.70%
-0.04
+92.15%
-0.50
-103.36%
-0.25
Other Non Operating Income Expenses
-0.01
+67.70%
-0.04
+92.15%
-0.50
-103.36%
-0.25
Tax Provision
0.01
+8.25%
0.01
+81.72%
0.00
+7.97%
0.00
Tax Rate For Calcs
0.00
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-12.00
-8.58%
-11.05
-28.91%
-8.57
+39.08%
-14.07
Net Income From Continuing Operation Net Minority Interest
-12.00
-8.58%
-11.05
-28.91%
-8.57
+39.08%
-14.07
Net Income From Continuing And Discontinued Operation
-12.00
-8.58%
-11.05
-28.91%
-8.57
+39.08%
-14.07
Net Income Continuous Operations
-12.00
-8.58%
-11.05
-28.91%
-8.57
+39.08%
-14.07
Normalized Income
-12.00
-8.58%
-11.05
-28.91%
-8.57
+39.08%
-14.07
Net Income Common Stockholders
-12.00
-8.58%
-11.05
-28.91%
-8.57
+39.08%
-14.07
Diluted EPS
-0.24
-4.35%
-0.23
-35.29%
-0.17
+41.38%
-0.29
Basic EPS
-0.24
-4.35%
-0.23
-35.29%
-0.17
+41.38%
-0.29
Basic Average Shares
49.06
+0.04%
49.05
+0.00%
49.05
+0.00%
49.05
Diluted Average Shares
49.06
+0.04%
49.05
+0.00%
49.05
+0.00%
49.05
Diluted NI Availto Com Stockholders
-12.00
-8.58%
-11.05
-28.91%
-8.57
+39.08%
-14.07
Line Item Trend 2023-12-31
Total Assets
66.27
Current Assets
51.17
Cash Cash Equivalents And Short Term Investments
51.00
Cash And Cash Equivalents
51.00
Other Short Term Investments
0.00
Prepaid Assets
Other Current Assets
0.17
Total Non Current Assets
15.10
Net PPE
0.62
Gross PPE
1.06
Accumulated Depreciation
-0.44
Properties
0.00
Machinery Furniture Equipment
0.48
Other Properties
0.58
Leases
0.01
Goodwill And Other Intangible Assets
14.40
Goodwill
9.60
Other Intangible Assets
4.80
Other Non Current Assets
0.07
Total Liabilities Net Minority Interest
3.89
Current Liabilities
3.28
Payables And Accrued Expenses
2.07
Payables
1.00
Accounts Payable
1.00
Current Accrued Expenses
1.07
Pensionand Other Post Retirement Benefit Plans Current
0.82
Current Debt And Capital Lease Obligation
0.22
Current Capital Lease Obligation
0.22
Current Deferred Liabilities
Current Deferred Revenue
Other Current Liabilities
0.16
Total Non Current Liabilities Net Minority Interest
0.61
Non Current Deferred Liabilities
0.20
Non Current Deferred Revenue
Non Current Deferred Taxes Liabilities
0.20
Other Non Current Liabilities
0.41
Stockholders Equity
62.38
Common Stock Equity
62.38
Capital Stock
0.05
Common Stock
0.05
Share Issued
49.05
Ordinary Shares Number
49.05
Treasury Shares Number
0.00
Additional Paid In Capital
478.15
Retained Earnings
-415.70
Gains Losses Not Affecting Retained Earnings
-0.12
Other Equity Adjustments
-0.12
Total Equity Gross Minority Interest
62.38
Total Capitalization
62.38
Working Capital
47.90
Invested Capital
62.38
Total Debt
0.22
Capital Lease Obligations
0.22
Net Tangible Assets
47.98
Tangible Book Value
47.98
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-9.81
+7.83%
-10.64
-43.22%
-7.43
+42.45%
-12.91
Cash Flow From Continuing Operating Activities
-9.81
+7.83%
-10.64
-43.22%
-7.43
+42.45%
-12.91
Net Income From Continuing Operations
-12.00
-8.58%
-11.05
-28.91%
-8.57
+39.08%
-14.07
Depreciation Amortization Depletion
0.02
-4.64%
0.02
+3.85%
0.02
+14.62%
0.02
Depreciation And Amortization
0.02
-4.64%
0.02
+3.85%
0.02
+14.62%
0.02
Other Non Cash Items
0.17
+0.09%
0.17
+214.24%
-0.15
-473.04%
0.04
Stock Based Compensation
0.83
-30.43%
1.19
+67.68%
0.71
+10.61%
0.64
Operating Gains Losses
-0.00
-100.04%
0.45
+266.91%
0.12
Gain Loss On Investment Securities
0.45
+266.53%
0.12
Gain Loss On Sale Of PPE
0.00
+100.00%
-0.00
-141.95%
0.00
0.00
Change In Working Capital
1.17
+218.93%
-0.98
-974.71%
0.11
-66.48%
0.33
Change In Prepaid Assets
0.53
+207.94%
-0.49
-270.71%
0.29
+90.98%
0.15
Change In Payables And Accrued Expense
0.46
+247.23%
-0.31
-1723.59%
0.02
-94.15%
0.33
Change In Payable
0.46
+247.23%
-0.31
-1723.59%
0.02
-94.15%
0.33
Change In Account Payable
0.46
+247.23%
-0.31
-1723.59%
0.02
-94.15%
0.33
Change In Other Working Capital
0.37
Change In Other Current Liabilities
-0.20
-10.67%
-0.18
+9.58%
-0.19
-33.92%
-0.15
Investing Cash Flow
-0.00
-315.93%
-0.00
-100.00%
39.91
+199.76%
-40.01
Cash Flow From Continuing Investing Activities
-0.00
-315.93%
-0.00
-100.00%
39.91
+199.76%
-40.01
Net PPE Purchase And Sale
-0.00
-315.93%
-0.00
+96.73%
-0.02
-325.13%
-0.01
Purchase Of PPE
-0.00
-223.91%
-0.00
+95.80%
-0.02
-325.13%
-0.01
Sale Of PPE
0.00
-100.00%
0.00
0.00
Capital Expenditure
-0.00
-223.91%
-0.00
+95.80%
-0.02
-325.13%
-0.01
Net Investment Purchase And Sale
0.00
-100.00%
39.93
+199.82%
-40.00
Purchase Of Investment
0.00
+100.00%
-59.88
Sale Of Investment
0.00
-100.00%
39.93
+100.88%
19.88
Financing Cash Flow
0.24
0.00
0.00
-100.00%
0.01
Cash Flow From Continuing Financing Activities
0.24
0.00
0.00
-100.00%
0.01
Net Common Stock Issuance
0.24
0.00
0.00
-100.00%
0.01
Proceeds From Stock Option Exercised
0.00
Net Other Financing Charges
Changes In Cash
-9.57
+10.10%
-10.64
-132.77%
32.48
+161.38%
-52.91
Effect Of Exchange Rate Changes
0.02
+296.29%
0.00
-77.09%
0.02
+202.75%
-0.02
Beginning Cash Position
40.36
-20.86%
51.00
+175.59%
18.51
-74.09%
71.43
End Cash Position
30.81
-23.67%
40.36
-20.86%
51.00
+175.59%
18.51
Free Cash Flow
-9.81
+7.81%
-10.64
-42.83%
-7.45
+42.30%
-12.92
Income Tax Paid Supplemental Data
0.01
+11.44%
0.01
+37.50%
0.00
0.00
Common Stock Issuance
0.24
0.00
0.00
-100.00%
0.01
Issuance Of Capital Stock
0.24
0.00
0.00
-100.00%
0.01
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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