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NASDAQ:DRUG

Bright Minds Biosciences (DRUG) Stock Price, News & Analysis

Bright Minds Biosciences logo
$79.33 -1.47 (-1.82%)
Closing price 08/7/2026 04:00 PM Eastern
Extended Trading
$79.00 -0.33 (-0.41%)
As of 08/7/2026 07:34 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Bright Minds Biosciences Stock (NASDAQ:DRUG)

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Key Stats

Today's Range
$78.00
$83.00
50-Day Range
$59.17
$81.02
52-Week Range
$34.19
$123.75
Volume
156,403 shs
Average Volume
231,029 shs
Market Capitalization
$771.88 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$143.83
Consensus Rating
Buy

Company Overview

Bright Minds Biosciences Inc., trading on the NASDAQ under the symbol DRUG, is a clinical-stage biotechnology company focused on developing novel small-molecule therapeutics for mental health and neurodegenerative disorders. The company’s research leverages proprietary chemistry platforms to create serotonin-modulating and neuroprotective compounds derived from psychedelic-inspired structures. Bright Minds aims to address unmet needs in conditions such as major depressive disorder, post-traumatic stress disorder and Alzheimer’s disease through orally administered treatments.

The company’s lead candidate, BMB-101, is an oral 5-HT2A receptor-modulating compound in clinical development for mood and anxiety disorders. Its second program, BMB-103, is in preclinical development targeting neuroinflammation and neuronal survival pathways relevant to Alzheimer’s disease. Bright Minds Biosciences operates research facilities in Vancouver and Montreal, collaborating with academic institutions and industry partners to advance its pipeline through both early-stage and later-stage clinical studies.

Founded in 2020, Bright Minds completed its initial public listing to support ongoing research and development activities. The company’s leadership team includes experienced researchers, medicinal chemists and clinical development experts committed to translating cutting-edge neuroscience into scalable therapies. By focusing on small-molecule alternatives to traditional biologics, Bright Minds Biosciences seeks to offer patients oral treatments with favorable safety profiles and broad commercial applicability.

AI Generated. May Contain Errors.

Bright Minds Biosciences Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
57th Percentile Overall Score

DRUG MarketRank™: 

Bright Minds Biosciences scored higher than 57% of companies evaluated by MarketBeat, and ranked 409th out of 905 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Bright Minds Biosciences has received a consensus rating of Buy. The company's average rating score is 3.14, and is based on 1 strong buy rating, 6 buy ratings, no hold ratings, and no sell ratings.

  • Upside Potential

    Bright Minds Biosciences has a consensus price target of $143.83, representing about 81.3% upside from its current price of $79.33.

  • Amount of Analyst Coverage

    Bright Minds Biosciences has only been the subject of 3 research reports in the past 90 days.

  • Read more about Bright Minds Biosciences' stock forecast and price target.
  • Earnings Growth

    Earnings for Bright Minds Biosciences are expected to decrease in the coming year, from ($4.86) to ($7.37) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Bright Minds Biosciences is -32.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Bright Minds Biosciences is -32.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Bright Minds Biosciences has a P/B Ratio of 9.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Bright Minds Biosciences' valuation and earnings.
  • Percentage of Shares Shorted

    17.13% of the float of Bright Minds Biosciences has been sold short.
  • Short Interest Ratio / Days to Cover

    Bright Minds Biosciences has a short interest ratio ("days to cover") of 3.07, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Bright Minds Biosciences has recently increased by 0.35%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Bright Minds Biosciences does not currently pay a dividend.

  • Dividend Growth

    Bright Minds Biosciences does not have a long track record of dividend growth.

  • News Sentiment

    Bright Minds Biosciences has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Bright Minds Biosciences this week, compared to 3 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Bright Minds Biosciences insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    42.66% of the stock of Bright Minds Biosciences is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    40.52% of the stock of Bright Minds Biosciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Bright Minds Biosciences' insider trading history.
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DRUG Stock News Headlines

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DRUG Stock Analysis - Frequently Asked Questions

Bright Minds Biosciences' stock was trading at $78.04 on January 1st, 2026. Since then, DRUG stock has increased by 1.7% and is now trading at $79.33.

Bright Minds Biosciences Inc. (NASDAQ:DRUG) announced its earnings results on Wednesday, May, 20th. The company reported ($0.80) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.86) by $0.06.

Bright Minds Biosciences shares reverse split on the morning of Friday, July 14th 2023.The 1-5 reverse split was announced on Friday, July 14th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 14th 2023. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Top institutional investors of Bright Minds Biosciences include Bank of New York Mellon Corp (0.15%).
View institutional ownership trends
.

Shares of DRUG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Bright Minds Biosciences investors own include HubSpot (HUBS), Blink Charging (BLNK), ConocoPhillips (COP), Netflix (NFLX), SoFi Technologies (SOFI).

Company Calendar

Last Earnings
5/20/2026
Today
8/08/2026
Next Earnings (Estimated)
8/13/2026
Fiscal Year End
9/30/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:DRUG
CIK
1827401
Fax
N/A
Employees
N/A
Year Founded
2019

Price Target and Rating

High Price Target
$220.00
Low Price Target
$80.00
Potential Upside/Downside
+81.3%
Consensus Rating
Buy
Rating Score (0-4)
3.14
Research Coverage
7 Analysts

Profitability

EPS (Trailing Twelve Months)
($2.44)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$8.74 million
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-20.58%
Return on Assets
-20.25%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
81.47
Quick Ratio
81.47

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$8.33 per share
Price / Book
9.52

Miscellaneous

Outstanding Shares
9,730,000
Free Float
5,580,000
Market Cap
$771.88 million
Optionable
Not Optionable
Beta
-5.27

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This page (NASDAQ:DRUG) was last updated on 8/8/2026 by MarketBeat.com Staff.
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