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Mind Medicine (MindMed) Inc.NasdaqGS:MNMD Stock Report

Market Cap US$1.0b
Share Price
US$13.16
My Fair Value
US$24.91
47.2% undervalued intrinsic discount
1Y108.6%
7D4.3%
Portfolio Value
View

Mind Medicine (MindMed) Inc.

NasdaqGS:MNMD Stock Report

Market Cap: US$1.0b

Mind Medicine (MindMed) (MNMD) Stock Overview

A clinical stage biopharmaceutical company, develops novel products to treat brain health disorders. More details

MNMD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

MNMD Community Fair Values

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Mind Medicine (MindMed) Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mind Medicine (MindMed)
Historical stock prices
Current Share PriceUS$13.16
52 Week HighUS$14.30
52 Week LowUS$4.70
Beta3.31
1 Month Change45.58%
3 Month Change32.80%
1 Year Change108.56%
3 Year Change368.33%
5 Year Change0.84%
Change since IPO51.11%

Recent News & Updates

MindMed Nears Pivotal Year: Strong Fundamentals Make It A Buy

Oct 14

Recent updates

MindMed Nears Pivotal Year: Strong Fundamentals Make It A Buy

Oct 14

Mind Medicine: Initiating Hold Rating Due To Regulatory Challenges

Apr 21

MindMed's LSD Anxiety Drug: Revisiting, Rethinking, But Maintaining My 'Hold' Call

Jan 29

Mind Medicine: Two Pathways Created From One Pipeline Clinical Candidate

Nov 04

Psychedelic Stocks: Focus On Their Cash

Aug 15

MindMed: Despite MDMA Setback, Still Hope In Light Of Differentiating Factors

Jun 05

Mind Medicine: GAD Program Success Continues With BTD And Positive Treatment Data

Apr 04

Mind Medicine: Positive MM-120 Data Leads To Other 2024 Catalysts

Feb 02

Mind Medicine (MindMed) (NASDAQ:MNMD) Is In A Good Position To Deliver On Growth Plans

May 23
Mind Medicine (MindMed) (NASDAQ:MNMD) Is In A Good Position To Deliver On Growth Plans

We're Hopeful That Mind Medicine (MindMed) (NASDAQ:MNMD) Will Use Its Cash Wisely

Feb 07
We're Hopeful That Mind Medicine (MindMed) (NASDAQ:MNMD) Will Use Its Cash Wisely

MindMed: Not The Horse To Back If You're Looking To Buy Psychedelics

Oct 19

MindMed announces proposed public offering of common shares

Sep 27

MindMed doses first patient in phase 1 trial examining psychedelic MDMA-like substances

Sep 20

Shareholder Returns

MNMDUS PharmaceuticalsUS Market
7D4.3%0.7%1.2%
1Y108.6%-5.7%16.3%

Return vs Industry: MNMD exceeded the US Pharmaceuticals industry which returned -6.1% over the past year.

Return vs Market: MNMD exceeded the US Market which returned 14.7% over the past year.

Price Volatility

Is MNMD's price volatile compared to industry and market?
MNMD volatility
MNMD Average Weekly Movement9.8%
Pharmaceuticals Industry Average Movement9.4%
Market Average Movement6.5%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: MNMD has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MNMD's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a74Rob Barrowwww.mindmed.co

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.

Mind Medicine (MindMed) Inc. Fundamentals Summary

How do Mind Medicine (MindMed)'s earnings and revenue compare to its market cap?
MNMD fundamental statistics
Market capUS$1.00b
Earnings (TTM)-US$114.52m
Revenue (TTM)n/a
0.0x
P/S Ratio
-8.7x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MNMD income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$114.52m
Earnings-US$114.52m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-1.51
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio22.2%

How did MNMD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/21 14:35
End of Day Share Price 2025/10/20 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mind Medicine (MindMed) Inc. is covered by 21 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher ChenBaird
null nullBaird
Joel BeattyBaird