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Healthcare - Biotechnology - NASDAQ - CA
$ 28.1
0.944 %
$ 199 M
Market Cap
-198.64
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one DRUG stock under the worst case scenario is HIDDEN Compared to the current market price of 28.1 USD, Bright Minds Biosciences Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one DRUG stock under the base case scenario is HIDDEN Compared to the current market price of 28.1 USD, Bright Minds Biosciences Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one DRUG stock under the best case scenario is HIDDEN Compared to the current market price of 28.1 USD, Bright Minds Biosciences Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart DRUG

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$50.0$50.0$45.0$45.0$40.0$40.0$35.0$35.0$30.0$30.0$25.0$25.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
0 REVENUE
0.00%
-2.62 M OPERATING INCOME
63.66%
-2.8 M NET INCOME
61.99%
-1.85 M OPERATING CASH FLOW
73.66%
0 INVESTING CASH FLOW
0.00%
811 K FINANCING CASH FLOW
-62.98%
0 REVENUE
0.00%
0 OPERATING INCOME
100.00%
49.6 K NET INCOME
106.41%
-1.49 M OPERATING CASH FLOW
-222.64%
0 INVESTING CASH FLOW
0.00%
52 M FINANCING CASH FLOW
221014.82%
Balance Sheet Bright Minds Biosciences Inc.
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Current Assets 5.99 M
Cash & Short-Term Investments 5.72 M
Receivables 0
Other Current Assets 267 K
Non-Current Assets 118 K
Long-Term Investments 0
PP&E 118 K
Other Non-Current Assets 0
93.70 %4.37 %Total Assets$6.1m
Current Liabilities 529 K
Accounts Payable 408 K
Short-Term Debt 79.4 K
Other Current Liabilities 41.8 K
Non-Current Liabilities 39.6 K
Long-Term Debt 39.6 K
Other Non-Current Liabilities 0
71.72 %13.97 %7.35 %6.96 %Total Liabilities$568.3k
EFFICIENCY
Earnings Waterfall Bright Minds Biosciences Inc.
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Revenue 0
Cost Of Revenue 0
Gross Profit 0
Operating Expenses 2.62 M
Operating Income -2.62 M
Other Expenses 185 K
Net Income -2.8 M
00(500k)(500k)(1m)(1m)(1m)(1m)(2m)(2m)(2m)(2m)(3m)(3m)000(3m)(3m)(185k)(3m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-50.61% ROE
-50.61%
-45.90% ROA
-45.90%
-46.27% ROIC
-46.27%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Bright Minds Biosciences Inc.
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00(2m)(2m)(4m)(4m)(6m)(6m)(8m)(8m)(10m)(10m)(12m)(12m)(14m)(14m)202020202021202120222022202320232024202420252025
Net Income -2.8 M
Depreciation & Amortization 73.4 K
Capital Expenditures 0
Stock-Based Compensation 840 K
Change in Working Capital 39.8 K
Others 38.6 K
Free Cash Flow -1.85 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Bright Minds Biosciences Inc.
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Wall Street analysts predict an average 1-year price target for DRUG of $82.5 , with forecasts ranging from a low of $80 to a high of $85 .
DRUG Lowest Price Target Wall Street Target
80 USD 184.70%
DRUG Average Price Target Wall Street Target
82.5 USD 193.59%
DRUG Highest Price Target Wall Street Target
85 USD 202.49%
Price
Max Price Target
Min Price Target
Average Price Target
90908080707060605050404030302020101000Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Bright Minds Biosciences Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
7.23 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Bright Minds Biosciences Announces Featured Speakers for its Absence Epilepsy Virtual R&D Day on May 20, 2025 - Key Opinion Leaders (KOLs) on Absence seizures include Dennis Dlugos, MD, Wendyl D'Souza, MBChB, MPH, FRACP, PhD, and Alexander Rotenberg, MD, PhD - globenewswire.com - 3 weeks ago
Epilepsy-Focused Bright Minds Biosciences A High-Risk, High-Reward Play, Analyst Initiates With Over 150% Stock Upside Chardan Research initiated coverage on Wednesday of Bright Minds Biosciences Inc. DRUG, an epilepsy drug developer. benzinga.com - 1 month ago
Bright Minds Biosciences to Host Virtual R&D Day on May 20, 2025; Program Highlights Include an Overview of Absence Seizures and the BMB-101 Phase 2 Study VANCOUVER, British Columbia, April 28, 2025 (GLOBE NEWSWIRE) -- Bright Minds Biosciences Inc. (CSE: DRUG) (NASDAQ: DRUG) (“Bright Minds” or the “Company”), a company focused on developing highly selective 5-HT2 agonists for the treatment of drug-resistant epilepsy, depression, and other central nervous system (CNS) disorders, today announced that it will host a virtual R&D Day on Tuesday, May 20, 2025, from 10:00 am – 11:30 am ET. globenewswire.com - 1 month ago
Bright Minds Biosciences: A Buy With A Major Catalyst In Q2 2025 We are initiating coverage of Bright Minds Biosciences with a Buy rating, as we believe the stock is undervalued. We see a key catalyst in the Phase 2 data readout for BMB-101, which is expected in Q2 2025. The company has a decent balance sheet, with roughly $40.3 million in cash. It may need to raise capital by mid-2026 or earlier as R&D expenses increase. seekingalpha.com - 2 months ago
SCIENTURE to commercially launch REZENOPY®, a life-saving opioid overdose emergency treatment through a collaboration with KINDEVA DRUG DELIVERY L.P. TAMPA, FL, March 06, 2025 (GLOBE NEWSWIRE) -- SCIENTURE HOLDINGS, INC. NASDAQ: SCNX), a holding company for existing and planned pharmaceutical operating companies focused on providing enhanced value to patients, physicians and caregivers through developing, bringing to market, and distributing novel specialty products to satisfy unmet market needs, is pleased to announce that its wholly owned subsidiary, Scienture, LLC (“Scienture”), has entered into a definitive agreement with SUMMIT BIOSCIENCES INC. (a wholly owned subsidiary of Kindeva Drug Delivery L.P. (“Kindeva”)), for the exclusive U.S. rights to commercially launch REZENOPY® (naloxone HCl) Nasal Spray 10mg, an opioid antagonist that was approved by the FDA on April 19, 2024. globenewswire.com - 3 months ago
Bright Minds Biosciences: Looking To Change Scope Of Epilepsy Disorder Treatments With BMB-101 Company's BMB-101 targets drug-resistant epilepsy, aiming for a multibillion-dollar market by treating patients unresponsive to standard anti-seizure medications. Company's phase 2 trial for Absence Epilepsy and DEE could have data released by 2026, potentially establishing it as a best-in-class 5-HT2C receptor agonist. The company has a $35 million private placement, extending its cash runway beyond 2026 and supporting its pipeline, including drugs for depression, PTSD, and anxiety. seekingalpha.com - 4 months ago
Bright Minds Biosciences Appoints Pharmaceutical Leader, Stephen Collins, M.D., Ph.D., as Chief Medical Officer -- Dr. Collins brings extensive drug development and clinical expertise in epilepsy -- NEW YORK and VANCOUVER, British Columbia, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Bright Minds Biosciences, Inc. (“Bright Minds,” “BMB” or the “Company”) (NASDAQ: DRUG), a pioneering company focused on developing highly selective 5-HT2 agonists for the treatment of drug-resistant epilepsy, depression, and other central nervous system (CNS) disorders, today announced that Stephen D. Collins, M.D., Ph.D., will join the Company as Chief Medical Officer (CMO), effective immediately. The Company also announces that Mark A. Smith M.D., Ph.D., will retire from his role as Acting CMO, but will continue to serve in an advisory capacity. globenewswire.com - 5 months ago
CANTEX PHARMACEUTICALS RECEIVES FDA ORPHAN DRUG DESIGNATION FOR AZELIRAGON FOR THE TREATMENT OF BRAIN METASTASIS FROM BREAST CANCER WESTON, Fla. , Dec. 9, 2024 /PRNewswire/ -- Cantex Pharmaceuticals, Inc., a clinical-stage pharmaceutical company focused on developing transformative therapies for cancer and other life-threatening medical conditions, announced today that the U.S. Food and Drug Administration (FDA) granted Orphan Drug Designation to Cantex's azeliragon for the treatment of brain metastasis from breast cancer. prnewswire.com - 6 months ago
Meet the Biotech Stock That Has Generated Nvidia-Like Returns in Less Than a Month The reason for the stock's rapid ascent is a mystery. fool.com - 7 months ago
CUMBERLAND PHARMACEUTICALS RECEIVES FDA ORPHAN DRUG AND RARE PEDIATRIC DISEASE DESIGNATIONS FOR NEW TREATMENT OF DUCHENNE MUSCULAR DYSTROPHY NASHVILLE, Tenn. , Nov. 6, 2024 /PRNewswire/ -- Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), a specialty pharmaceutical company, announced today that the United States (U.S.) Food and Drug Administration (FDA) granted Orphan Drug Designation and Rare Pediatric Disease Designation to Ifetroban for the treatment of cardiomyopathy associated with Duchenne muscular dystrophy (DMD). prnewswire.com - 7 months ago
Bright Minds Biosciences Closes US$35 Million Non-Brokered Private Placement VANCOUVER, British Columbia, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Bright Minds Biosciences Inc. (CSE: DRUG) (NASDAQ: DRUG) (“Bright Minds” or the “Company”) announces that further to its news release of October 18, 2024, the Company has closed a non-brokered private placement of 1,612,902 common shares in the capital of the Company (“Shares”) at a price of USD$21.70 per Share for aggregate gross proceeds of USD$35,000,000 (the “Offering”). globenewswire.com - 7 months ago
Bright Minds Biosciences: BMB-101's Phase 2 Trials Could Unlock Epilepsy Market Potential Bright Minds Biosciences' BMB-101, a 5-HT2C receptor agonist, shows promise in treating drug-resistant epilepsy, with favorable Phase 1 safety and efficacy data. The company's proprietary platform targets serotonin regulation, aiming to create selective therapies with fewer side effects. DRUG's recent $35 million private placement funds Phase 2 trials, enhancing its financial outlook and potential for significant revenue if BMB-101 is successful. seekingalpha.com - 7 months ago
8. Profile Summary

Bright Minds Biosciences Inc. DRUG

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COUNTRY CA
INDUSTRY Biotechnology
MARKET CAP $ 199 M
Dividend Yield 0.00%
Description Bright Minds Biosciences Inc., a pre-clinical biosciences company, develops 5-HT (serotonin) medicines to improve the lives of patients with severe and life-altering diseases. Its portfolio of selective 5-HT receptor agonists comprises 5-HT2C, 5-HT2A, and 5-HT2C/A for the treatment of epilepsy, pain, and neuropsychiatry. The company has collaboration with National Institutes of Health for the treatment of epilepsy; University of Texas Medical Branch to treat impulse control disorders, such as binge eating; and Medical College of Wisconsin. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.
Contact 1500 – 1055 West Georgia Street, New York City, BC, V6E 4N7 https://brightmindsbio.com
IPO Date March 22, 2021
Employees None
Officers Mr. Alex Vasilkevich Chief Operating Officer & Senior Scientific Officer Dr. Emer Leahy M.B.A., Ph.D. Consultant Mr. Ian McDonald Co-Founder, Chief Executive Officer, President & Director Mr. Ryan E. S. K. Cheung B.Com., CA, CPA Chief Financial Officer Dr. Stephen D. Collins M.D., Ph.D. Chief Medical Officer Dr. Jan Torleif Pedersen M.Sc., Ph.D. Chief Science Officer & Director