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

Bright Minds Biosciences logo
$63.69 +0.51 (+0.81%)
Closing price 03:59 PM Eastern
Extended Trading
$63.37 -0.32 (-0.50%)
As of 04:10 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
$62.83
$63.90
50-Day Range
$63.18
$84.74
52-Week Range
$44.25
$123.75
Volume
32,102 shs
Average Volume
215,854 shs
Market Capitalization
$619.69 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$143.83
Consensus Rating
Buy

Company Overview

Bright Minds Biosciences Inc. is a biotechnology company focused on developing next-generation therapies for neuropsychiatric and neurological disorders. The company’s research centers on selective serotonin receptor agonists designed to address conditions such as treatment-resistant depression, substance use disorders and other disorders involving disrupted brain signaling.

Bright Minds’ lead program, BMB-101, is an orally administered, selective 5-HT2C receptor agonist being developed as a potential treatment for conditions including substance use disorder and related neuropsychiatric indications. The company’s drug-development approach is intended to preserve therapeutic effects while reducing some of the adverse effects and limitations associated with less selective psychedelic or serotonergic compounds.

Bright Minds Biosciences is based in Vancouver, British Columbia, and conducts biotechnology research and clinical development activities through operations in North America. Its shares trade on the Nasdaq Capital Market under the symbol “DRUG” and on the Canadian Securities Exchange under the same symbol.

AI Generated. May Contain Errors.

Bright Minds Biosciences Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
61st Percentile Overall Score

DRUG MarketRank™: 

Bright Minds Biosciences scored higher than 61% of companies evaluated by MarketBeat, and ranked 367th out of 904 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 3.00, and is based on 1 strong buy rating, 7 buy ratings, 1 hold rating, and no sell ratings.

  • Upside Potential

    Bright Minds Biosciences has a consensus price target of $143.83, representing about 125.8% upside from its current price of $63.69.

  • Amount of Analyst Coverage

    Bright Minds Biosciences has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • 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 ($2.93) to ($6.77) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Bright Minds Biosciences is -30.50, 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 -30.50, 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 7.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    16.01% 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 7.06.
  • Change versus previous month

    Short interest in Bright Minds Biosciences has recently decreased by 0.41%, indicating that investor sentiment is improving.
  • 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 1.92. 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 0.89 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article 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

Bright Minds Biosciences to Present at Upcoming Conferences
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DRUG Stock Analysis - Frequently Asked Questions

Bright Minds Biosciences' stock was trading at $78.04 at the beginning of the year. Since then, DRUG shares have decreased by 18.4% and is now trading at $63.6890.

Bright Minds Biosciences Inc. (NASDAQ:DRUG) issued its earnings results on Monday, August, 17th. The company reported ($0.17) EPS for the quarter, beating analysts' consensus estimates of ($1.22) by $1.05.

Shares of Bright Minds Biosciences 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 shareholders of Bright Minds Biosciences include Braidwell LP (4.97%), Bank of New York Mellon Corp (0.15%), California State Teachers Retirement System (0.07%) and Engineers Gate Manager LP (0.06%).
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
8/17/2026
Today
9/14/2026
Fiscal Year End
9/30/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Pharmaceuticals
Sub-Industry
Pharmaceuticals
Current Symbol
NASDAQ:DRUG
CIK
1827401
Fax
N/A
Employees
25
Year Founded
2019

Price Target and Rating

High Price Target
$220.00
Low Price Target
$80.00
Potential Upside/Downside
+125.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
9 Analysts

Profitability

EPS (Trailing Twelve Months)
($2.08)
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
-12.46%
Return on Assets
-12.30%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
122.00
Quick Ratio
122.00

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
7.65

Miscellaneous

Outstanding Shares
9,730,000
Free Float
5,580,000
Market Cap
$619.69 million
Optionable
Not Optionable
Beta
-5.36

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This page (NASDAQ:DRUG) was last updated on 9/14/2026 by MarketBeat.com Staff.
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