NERV Chart
About

Minerva Neurosciences, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of product candidates for the treatment of central nervous system diseases. Its lead product candidate is roluperidone for the treatment of negative symptoms in patients with schizophrenia. The company also has exclusive rights to develop and commercialize MIN-301, a soluble recombinant form of the Neuregulin-1b1 protein for the treatment of Parkinson's disease and other neurodegenerative disorders. Minerva Neurosciences, Inc. was incorporated in 2007 and is based in Burlington, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 270.46M
Enterprise Value 91.42M Income -14.03M Sales —
Book/sh -4.95 Cash/sh 1.76 Dividend Yield —
Payout 0.00% Employees 8 IPO —
P/E — Forward P/E -11.57 PEG —
P/S — P/B -1.26 P/C —
EV/EBITDA -6.25 EV/Sales — Quick Ratio 4.60
Current Ratio 4.87 Debt/Eq — LT Debt/Eq —
EPS (ttm) -1.85 EPS next Y -0.54 EPS Growth —
Revenue Growth — Earnings 2025-11-05 07:00 ROA -25.82%
ROE — ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 43.27M
Shs Float 3.98M Short Float 0.99% Short Ratio 5.53
Short Interest — 52W High 12.46 52W Low 1.15
Beta -0.23 Avg Volume 73.31K Volume 113.75K
Target Price $4.50 Recom None Prev Close $6.32
Price $6.25 Change -1.11%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.50
Mean price target
2. Current target
$6.25
Latest analyst target
3. DCF / Fair value
$-3.81
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$6.25
Low
$4.00
High
$5.00
Mean
$4.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-06 main HC Wainwright & Co. Neutral → Neutral $4
2025-02-26 reit HC Wainwright & Co. Neutral → Neutral $5
2024-11-06 reit HC Wainwright & Co. Neutral → Neutral $5
2024-08-07 main HC Wainwright & Co. Neutral → Neutral $5
2024-05-02 main HC Wainwright & Co. Neutral → Neutral $7
2024-02-27 reit HC Wainwright & Co. Neutral → Neutral $11
2023-08-02 main HC Wainwright & Co. Neutral → Neutral $11
2023-05-16 reit HC Wainwright & Co. Neutral → Neutral $8
2023-05-02 reit HC Wainwright & Co. — → Neutral $8
2023-03-09 reit HC Wainwright & Co. — → Neutral $8
2022-11-10 down HC Wainwright & Co. Buy → Neutral —
2022-10-17 down JMP Securities Market Outperform → Market Perform —
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.00-569.92
TaxRateForCalcs0.000.000.000.03
NormalizedEBITDA4.75M-23.09M-25.22M-45.26M
TotalUnusualItems1.27M1.40M529.21K-16.33K
TotalUnusualItemsExcludingGoodwill1.27M1.40M529.21K-16.33K
NetIncomeFromContinuingOperationNetMinorityInterest1.44M-30.01M-32.11M-49.91M
ReconciledDepreciation22.47K30.98K8.51K101.79K
EBITDA6.02M-21.69M-24.69M-45.28M
EBIT6.00M-21.72M-24.70M-45.38M
NetInterestIncome-4.56M-8.28M-7.41M-6.33M
InterestExpense4.56M8.28M7.41M6.33M
InterestIncome1.44M556.95K16.52K
NormalizedIncome168.44K-31.40M-32.64M-49.89M
NetIncomeFromContinuingAndDiscontinuedOperation1.44M-30.01M-32.11M-49.91M
TotalExpenses21.85M23.12M25.23M45.37M
TotalOperatingIncomeAsReported-21.85M-23.12M-25.23M-45.37M
DilutedAverageShares7.57M6.51M5.34M5.34M
BasicAverageShares7.57M6.51M5.34M5.34M
DilutedEPS0.19-4.61-6.01-9.35
BasicEPS0.19-4.61-6.01-9.35
DilutedNIAvailtoComStockholders1.44M-30.01M-32.11M-49.91M
NetIncomeCommonStockholders1.44M-30.01M-32.11M-49.91M
NetIncome1.44M-30.01M-32.11M-49.91M
NetIncomeIncludingNoncontrollingInterests1.44M-30.01M-32.11M-49.91M
NetIncomeContinuousOperations1.44M-30.01M-32.11M-49.91M
TaxProvision0.00-1.80M
PretaxIncome1.44M-30.01M-32.11M-51.71M
OtherIncomeExpense27.85M1.40M529.21K-16.33K
OtherNonOperatingIncomeExpenses26.58M
GainOnSaleOfSecurity1.27M1.40M529.21K-16.33K
NetNonOperatingInterestIncomeExpense-4.56M-8.28M-7.41M-6.33M
InterestExpenseNonOperating4.56M8.28M7.41M6.33M
InterestIncomeNonOperating1.44M556.95K16.52K
OperatingIncome-21.85M-23.12M-25.23M-45.37M
OperatingExpense21.85M23.12M25.23M45.37M
ResearchAndDevelopment11.90M12.71M14.65M32.04M
SellingGeneralAndAdministration9.95M10.41M10.58M13.33M
GeneralAndAdministrativeExpense9.95M10.41M10.58M13.33M
OtherGandA9.95M10.41M10.58M13.33M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber6.99M6.99M5.34M5.34M
ShareIssued6.99M6.99M5.34M5.34M
TotalDebt0.00
TangibleBookValue-40.56M-43.34M-34.94M-6.94M
InvestedCapital-25.69M-28.46M-20.02M7.98M
WorkingCapital19.43M38.66M38.78M59.38M
NetTangibleAssets-40.56M-43.34M-34.94M-6.94M
CapitalLeaseObligations0.00
CommonStockEquity-25.69M-28.46M-20.02M7.98M
TotalCapitalization-25.69M-28.46M-20.02M7.98M
TotalEquityGrossMinorityInterest-25.69M-28.46M-20.02M7.98M
StockholdersEquity-25.69M-28.46M-20.02M7.98M
RetainedEarnings-395.38M-396.82M-366.81M-334.70M
AdditionalPaidInCapital369.68M368.36M346.79M342.68M
CapitalStock699.00699.00534.00534.00
CommonStock699.00699.00534.00534.00
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest62.84M85.36M75.11M69.15M
TotalNonCurrentLiabilitiesNetMinorityInterest60.00M82.02M73.73M66.33M
OtherNonCurrentLiabilities60.00M82.02M73.73M66.33M
NonCurrentDeferredLiabilities0.00
NonCurrentDeferredTaxesLiabilities0.00
CurrentLiabilities2.84M3.34M1.38M2.82M
CurrentCapitalLeaseObligation0.00
PensionandOtherPostRetirementBenefitPlansCurrent363.18K590.77K14.83K0.00
PayablesAndAccruedExpenses2.47M2.75M1.36M2.82M
CurrentAccruedExpenses865.82K944.33K393.08K965.74K
Payables1.61M1.81M969.67K1.85M
AccountsPayable1.61M1.81M969.67K1.85M
TotalAssets37.14M56.90M55.09M77.12M
TotalNonCurrentAssets14.87M14.90M14.93M14.92M
GoodwillAndOtherIntangibleAssets14.87M14.89M14.91M14.92M
OtherIntangibleAssets17.03K42.57K51.08K
Goodwill14.87M14.87M14.87M14.87M
NetPPE5.44K10.88K16.33K0.00
GrossPPE16.33K0.00
OtherProperties16.33K
BuildingsAndImprovements0.00
Properties0.00
CurrentAssets22.27M42.00M40.16M62.20M
OtherCurrentAssets806.89K989.87K3.97M1.35M
RestrictedCash100.00K100.00K100.00K100.00K
PrepaidAssets1.35M
CashCashEquivalentsAndShortTermInvestments21.36M40.91M36.09M60.76M
CashAndCashEquivalents21.36M40.91M36.09M60.76M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-19.55M-14.78M-24.66M-24.60M
IssuanceOfCapitalStock0.0020.00M0.000.00
CapitalExpenditure-16.33K
InterestPaidSupplementalData0.00
EndCashPosition21.46M41.01M36.19M60.86M
BeginningCashPosition41.01M36.19M60.86M25.46M
ChangesInCash-19.55M4.82M-24.66M35.40M
FinancingCashFlow0.0019.60M-5.0060.00M
CashFlowFromContinuingFinancingActivities0.0019.60M-5.0060.00M
NetOtherFinancingCharges-396.29K-5.0060.00M
ProceedsFromStockOptionExercised0.00
NetCommonStockIssuance0.0020.00M0.000.00
CommonStockIssuance0.0020.00M0.000.00
InvestingCashFlow0.000.00-16.33K0.00
CashFlowFromContinuingInvestingActivities0.00-16.33K0.00
NetInvestmentPurchaseAndSale0.00
SaleOfInvestment0.00
PurchaseOfInvestment0.00
NetPPEPurchaseAndSale0.00-16.33K0.00
PurchaseOfPPE0.00-16.33K0.00
OperatingCashFlow-19.55M-14.78M-24.65M-24.60M
CashFlowFromContinuingOperatingActivities-19.55M-14.78M-24.65M-24.60M
ChangeInWorkingCapital-320.60K4.94M-4.06M259.33K
ChangeInOtherWorkingCapital-3.12M
ChangeInOtherCurrentLiabilities0.00-111.23K
ChangeInOtherCurrentAssets0.003.12M-3.12M-36.27K
ChangeInPayablesAndAccruedExpense-503.57K1.96M-1.44M-230.07K
ChangeInAccruedExpense-306.10K1.13M-557.83K-1.09M
ChangeInPayable-197.48K835.65K-883.55K857.60K
ChangeInAccountPayable-197.48K835.65K-883.55K857.60K
ChangeInPrepaidAssets182.97K-141.75K498.24K636.90K
OtherNonCashItems-22.02M8.28M7.41M6.33M
StockBasedCompensation1.33M1.97M4.11M5.22M
AssetImpairmentCharge0.0015.20M
AmortizationOfSecurities0.00
DeferredTax-1.80M
DeferredIncomeTax-1.80M
DepreciationAmortizationDepletion22.47K30.98K8.51K101.79K
DepreciationAndAmortization22.47K30.98K8.51K101.79K
AmortizationCashFlow17.03K25.54K8.51K0.00
AmortizationOfIntangibles17.03K25.54K8.51K0.00
Depreciation5.44K5.44K0.00101.79K
NetIncomeFromContinuingOperations1.44M-30.01M-32.11M-49.91M
SEC Filings

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

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