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, which is in Phase 3 confirmatory trial for the treatment of negative symptoms in patients with schizophrenia. Minerva Neurosciences, Inc. was incorporated in 2007 and is based in Burlington, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 345.33M
Enterprise Value 69.83M Income -293.42M Sales
Book/sh -12.66 Cash/sh 7.40 Dividend Yield
Payout 0.00% Employees IPO
P/E Forward P/E -16.62 PEG
P/S P/B -0.63 P/C
EV/EBITDA -4.62 EV/Sales Quick Ratio 35.94
Current Ratio 36.29 Debt/Eq LT Debt/Eq
EPS (ttm) -34.67 EPS next Y -0.48 EPS Growth
Revenue Growth Earnings 2026-03-11 07:00 ROA -13.97%
ROE ROIC Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 43.27M
Shs Float 6.32M Short Float 1.08% Short Ratio 4.08
Short Interest 52W High 12.46 52W Low 1.15
Beta -0.30 Avg Volume 122.34K Volume 243.86K
Target Price $7.25 Recom Hold Prev Close $7.84
Price $7.98 Change 1.79%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$7.25
Mean price target
2. Current target
$7.96
Latest analyst target
3. DCF / Fair value
$7.25
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$7.96
Low
$7.00
High
$7.50
Mean
$7.25

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-12 main HC Wainwright & Co. Neutral → Neutral $7
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 Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.00266.79K0.000.00
TaxRateForCalcs0.000.210.000.00
NormalizedEBITDA-294.31M4.75M-23.09M-25.22M
TotalUnusualItems891.57K1.27M1.40M529.21K
TotalUnusualItemsExcludingGoodwill891.57K1.27M1.40M529.21K
NetIncomeFromContinuingOperationNetMinorityInterest-293.42M1.44M-30.01M-32.11M
ReconciledDepreciation5.44K22.47K30.98K8.51K
EBITDA-293.42M6.02M-21.69M-24.69M
EBIT-293.42M6.00M-21.72M-24.70M
NetInterestIncome-3.10M-4.56M-8.28M-7.41M
InterestExpense0.004.56M8.28M7.41M
InterestIncome1.44M556.95K16.52K
NormalizedIncome-294.31M435.23K-31.40M-32.64M
NetIncomeFromContinuingAndDiscontinuedOperation-293.42M1.44M-30.01M-32.11M
TotalExpenses15.10M21.85M23.12M25.23M
TotalOperatingIncomeAsReported-15.10M-21.85M-23.12M-25.23M
DilutedAverageShares8.46M7.57M6.51M5.34M
BasicAverageShares8.46M7.57M6.51M5.34M
DilutedEPS-34.670.19-4.61-6.01
BasicEPS-34.670.19-4.61-6.01
DilutedNIAvailtoComStockholders-293.42M1.44M-30.01M-32.11M
NetIncomeCommonStockholders-293.42M1.44M-30.01M-32.11M
NetIncome-293.42M1.44M-30.01M-32.11M
NetIncomeIncludingNoncontrollingInterests-293.42M1.44M-30.01M-32.11M
NetIncomeContinuousOperations-293.42M1.44M-30.01M-32.11M
TaxProvision0.00-1.80M
PretaxIncome-293.42M1.44M-30.01M-32.11M
OtherIncomeExpense-275.22M27.85M1.40M529.21K
OtherNonOperatingIncomeExpenses-276.11M26.58M
GainOnSaleOfSecurity891.57K1.27M1.40M529.21K
NetNonOperatingInterestIncomeExpense-3.10M-4.56M-8.28M-7.41M
TotalOtherFinanceCost3.10M
InterestExpenseNonOperating0.004.56M8.28M7.41M
InterestIncomeNonOperating1.44M556.95K16.52K
OperatingIncome-15.10M-21.85M-23.12M-25.23M
OperatingExpense15.10M21.85M23.12M25.23M
ResearchAndDevelopment5.76M11.90M12.71M14.65M
SellingGeneralAndAdministration9.34M9.95M10.41M10.58M
GeneralAndAdministrativeExpense9.34M9.95M10.41M10.58M
OtherGandA9.34M9.95M10.41M10.58M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber43.27M6.99M6.99M5.34M
ShareIssued43.27M6.99M6.99M5.34M
TotalDebt0.00
TangibleBookValue-155.62M-40.56M-43.34M-34.94M
InvestedCapital-140.75M-25.69M-28.46M-20.02M
WorkingCapital80.81M19.43M38.66M38.78M
NetTangibleAssets-155.62M-40.56M-43.34M-34.94M
CapitalLeaseObligations0.00
CommonStockEquity-140.75M-25.69M-28.46M-20.02M
TotalCapitalization-140.75M-25.69M-28.46M-20.02M
TotalEquityGrossMinorityInterest-140.75M-25.69M-28.46M-20.02M
StockholdersEquity-140.75M-25.69M-28.46M-20.02M
RetainedEarnings-688.80M-395.38M-396.82M-366.81M
AdditionalPaidInCapital548.05M369.68M368.36M346.79M
CapitalStock4.33K699.00699.00534.00
CommonStock4.33K699.00699.00534.00
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest238.72M62.84M85.36M75.11M
TotalNonCurrentLiabilitiesNetMinorityInterest236.43M60.00M82.02M73.73M
OtherNonCurrentLiabilities60.00M60.00M82.02M73.73M
PreferredSecuritiesOutsideStockEquity4.96M0.00
DerivativeProductLiabilities171.46M0.00
NonCurrentDeferredLiabilities0.00
NonCurrentDeferredTaxesLiabilities0.00
CurrentLiabilities2.29M2.84M3.34M1.38M
CurrentCapitalLeaseObligation0.00
PensionandOtherPostRetirementBenefitPlansCurrent0.00363.18K590.77K14.83K
PayablesAndAccruedExpenses2.29M2.47M2.75M1.36M
CurrentAccruedExpenses1.65M865.82K944.33K393.08K
Payables639.71K1.61M1.81M969.67K
AccountsPayable639.71K1.61M1.81M969.67K
TotalAssets97.97M37.14M56.90M55.09M
TotalNonCurrentAssets14.87M14.87M14.90M14.93M
GoodwillAndOtherIntangibleAssets14.87M14.87M14.89M14.91M
OtherIntangibleAssets17.03K42.57K51.08K
Goodwill14.87M14.87M14.87M14.87M
NetPPE0.005.44K10.88K16.33K
GrossPPE16.33K0.00
OtherProperties16.33K
BuildingsAndImprovements0.00
Properties0.00
CurrentAssets83.10M22.27M42.00M40.16M
OtherCurrentAssets697.68K806.89K989.87K3.97M
RestrictedCash100.00K100.00K100.00K100.00K
PrepaidAssets1.35M
CashCashEquivalentsAndShortTermInvestments82.30M21.36M40.91M36.09M
CashAndCashEquivalents82.30M21.36M40.91M36.09M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-13.51M-19.55M-14.78M-24.66M
IssuanceOfCapitalStock80.00M0.0020.00M0.00
CapitalExpenditure-16.33K
InterestPaidSupplementalData0.00
EndCashPosition82.40M21.46M41.01M36.19M
BeginningCashPosition21.46M41.01M36.19M60.86M
ChangesInCash60.94M-19.55M4.82M-24.66M
FinancingCashFlow74.45M0.0019.60M-5.00
CashFlowFromContinuingFinancingActivities74.45M0.0019.60M-5.00
NetOtherFinancingCharges-5.55M-396.29K-5.0060.00M
ProceedsFromStockOptionExercised0.00
NetPreferredStockIssuance80.00M0.00
PreferredStockIssuance80.00M0.00
NetCommonStockIssuance0.0020.00M0.000.00
CommonStockIssuance0.0020.00M0.000.00
InvestingCashFlow0.000.000.00-16.33K
CashFlowFromContinuingInvestingActivities0.00-16.33K0.00
NetInvestmentPurchaseAndSale0.00
SaleOfInvestment0.00
PurchaseOfInvestment0.00
NetPPEPurchaseAndSale0.00-16.33K0.00
PurchaseOfPPE0.00-16.33K0.00
OperatingCashFlow-13.51M-19.55M-14.78M-24.65M
CashFlowFromContinuingOperatingActivities-13.51M-19.55M-14.78M-24.65M
ChangeInWorkingCapital-632.35K-320.60K4.94M-4.06M
ChangeInOtherWorkingCapital-3.12M
ChangeInOtherCurrentLiabilities0.00-111.23K
ChangeInOtherCurrentAssets0.003.12M-3.12M-36.27K
ChangeInPayablesAndAccruedExpense-741.57K-503.57K1.96M-1.44M
ChangeInAccruedExpense317.45K-306.10K1.13M-557.83K
ChangeInPayable-1.06M-197.48K835.65K-883.55K
ChangeInAccountPayable-1.06M-197.48K835.65K-883.55K
ChangeInPrepaidAssets109.22K182.97K-141.75K498.24K
OtherNonCashItems-22.02M8.28M7.41M6.33M
StockBasedCompensation1.33M1.33M1.97M4.11M
AssetImpairmentCharge0.0015.20M
AmortizationOfSecurities0.00
DeferredTax-1.80M
DeferredIncomeTax-1.80M
DepreciationAmortizationDepletion5.44K22.47K30.98K8.51K
DepreciationAndAmortization5.44K22.47K30.98K8.51K
AmortizationCashFlow0.0017.03K25.54K8.51K
AmortizationOfIntangibles0.0017.03K25.54K8.51K
Depreciation5.44K5.44K5.44K0.00
OperatingGainsLosses279.21M
GainLossOnInvestmentSecurities279.21M
NetIncomeFromContinuingOperations-293.42M1.44M-30.01M-32.11M
SEC Filings

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

Public Trades for NERV
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status