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NASDAQ:MNOV

MediciNova (MNOV) Stock Price, News & Analysis

MediciNova logo
$1.30 -0.03 (-2.26%)
Closing price 08/4/2026 04:00 PM Eastern
Extended Trading
$1.32 +0.01 (+1.15%)
As of 08/4/2026 04:35 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 MediciNova Stock (NASDAQ:MNOV)

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Key Stats

Today's Range
$1.30
$1.34
50-Day Range
$1.23
$1.44
52-Week Range
$1.17
$1.96
Volume
82,926 shs
Average Volume
38,200 shs
Market Capitalization
$63.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.33
Consensus Rating
Moderate Buy

Company Overview

MediciNova, Inc. is a clinical-stage biopharmaceutical company focused on the development and commercialization of novel small-molecule therapeutics for neurodegenerative, inflammatory, fibrotic and oncological diseases. Founded in the late 1990s, the company advances its proprietary compounds through clinical trials and strategic partnerships, with a goal of addressing areas of high unmet medical need. MediciNova is headquartered in San Diego, California, and maintains a presence in Tokyo to support collaborations and regulatory interactions in Asian markets.

The company’s leading clinical asset, MN-166 (ibudilast), is an anti-inflammatory and neuroprotective agent originally approved in Japan for asthma and post-stroke dizziness. MediciNova is evaluating ibudilast in multiple late-stage and exploratory studies, including progressive multiple sclerosis, amyotrophic lateral sclerosis (ALS) and substance use disorders such as opioid and alcohol dependence. Ibudilast’s mechanism of action involves modulation of glial cell activity in the central nervous system, aiming to slow neurodegeneration and reduce inflammation.

Another key compound, MN-001 (tipelukast), is a leukotriene receptor antagonist in development for idiopathic pulmonary fibrosis (IPF), nonalcoholic steatohepatitis (NASH) and diabetic nephropathy. MN-001 has completed Phase II trials in IPF patients and is being positioned as a potential treatment for a range of progressive fibrotic conditions. MediciNova also maintains a preclinical respiratory portfolio, including β1-adrenergic agonists aimed at acute lung injury and chronic obstructive pulmonary disease (COPD).

MediciNova leverages partnerships with pharmaceutical companies in Japan and globally to support late-stage trials and potential commercialization. The company’s multidisciplinary leadership team brings together expertise in clinical development, regulatory affairs and global business development to advance its pipeline. Through a combination of in-house research and strategic alliances, MediciNova seeks to deliver new therapies across multiple therapeutic areas with significant market opportunities.

AI Generated. May Contain Errors.

MediciNova Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
29th Percentile Overall Score

MNOV MarketRank™: 

MediciNova scored higher than 29% of companies evaluated by MarketBeat, and ranked 768th out of 900 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MediciNova has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 1 strong buy rating, 3 buy ratings, 1 hold rating, and 1 sell rating.

  • Upside Potential

    MediciNova has a consensus price target of $8.33, representing about 541.0% upside from its current price of $1.30.

  • Amount of Analyst Coverage

    MediciNova has only been the subject of 1 research reports in the past 90 days.

  • Read more about MediciNova's stock forecast and price target.
  • Earnings Growth

    Earnings for MediciNova are expected to decrease in the coming year, from ($0.26) to ($0.43) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MediciNova is -5.65, 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 MediciNova is -5.65, 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

    MediciNova has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about MediciNova's valuation and earnings.
  • Percentage of Shares Shorted

    0.73% of the float of MediciNova has been sold short.
  • Short Interest Ratio / Days to Cover

    MediciNova has a short interest ratio ("days to cover") of 4.26.
  • Change versus previous month

    Short interest in MediciNova has recently increased by 51.54%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    MediciNova does not currently pay a dividend.

  • Dividend Growth

    MediciNova does not have a long track record of dividend growth.

  • News Coverage This Week

    MarketBeat has tracked 1 news article for MediciNova this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    14.00% of the stock of MediciNova is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    9.90% of the stock of MediciNova is held by institutions.

  • Read more about MediciNova's insider trading history.
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MNOV Stock News Headlines

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You’re Being LIED To About The Iran War Forget EVERYTHING you’ve heard about the Iran war. Especially the reasons why we’re bombing the country.tc pixel
MediciNova CEO Provides Shareholder Update
MNOV Share News Today
MediciNova (MNOV) Stock Forecast & Price Target
See More Headlines

MNOV Stock Analysis - Frequently Asked Questions

MediciNova's stock was trading at $1.31 at the beginning of the year. Since then, MNOV shares have decreased by 0.8% and is now trading at $1.30.

MediciNova, Inc. (NASDAQ:MNOV) announced its quarterly earnings results on Thursday, May, 14th. The biopharmaceutical company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.01. The biopharmaceutical company had revenue of $0.19 million for the quarter, compared to analysts' expectations of $0.19 million. MediciNova had a negative trailing twelve-month return on equity of 27.28% and a negative net margin of 1,962.98%.

Shares of MNOV 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 MediciNova investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), NIO (NIO), AST SpaceMobile (ASTS), Virgin Galactic (SPCE) and

Company Calendar

Last Earnings
5/14/2026
Today
8/05/2026
Next Earnings (Estimated)
8/13/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Pharmaceuticals
Sub-Industry
Pharmaceuticals
Current Symbol
NASDAQ:MNOV
CIK
1226616
Employees
10
Year Founded
2000

Price Target and Rating

High Price Target
$10.00
Low Price Target
$6.00
Potential Upside/Downside
+541.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.23)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$12 million
Net Margins
-1,962.98%
Pretax Margin
-1,962.14%
Return on Equity
-27.28%
Return on Assets
-25.24%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
9.09
Quick Ratio
9.09

Sales & Book Value

Annual Sales
$410 thousand
Price / Sales
156.06
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.85 per share
Price / Book
1.53

Miscellaneous

Outstanding Shares
49,220,000
Free Float
42,330,000
Market Cap
$63.99 million
Optionable
Optionable
Beta
0.63

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This page (NASDAQ:MNOV) was last updated on 8/5/2026 by MarketBeat.com Staff.
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