NASDAQ:ENVB

Enveric Biosciences (ENVB) Stock Price, News & Analysis

$0.92
-0.06 (-6.12%)
(As of 05/9/2024 ET)
Today's Range
$0.90
$0.99
50-Day Range
$0.86
$1.66
52-Week Range
$0.65
$6.98
Volume
864,894 shs
Average Volume
3.31 million shs
Market Capitalization
$6.71 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.00

Enveric Biosciences MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
987.0% Upside
$10.00 Price Target
Short Interest
Healthy
1.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.16mentions of Enveric Biosciences in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.98) to ($1.02) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.45 out of 5 stars

ENVB stock logo

About Enveric Biosciences Stock (NASDAQ:ENVB)

Enveric Biosciences, Inc., a biotechnology company, engages in the development of small-molecule therapeutics for the treatment of anxiety, depression, and addiction disorders. Its lead product candidates are EB-002, an active metabolite of psilocybin, which is in preclinical development stage for the treatment of anxiety disorders; and EB-003 that is in preclinical development stage for the treatment mental health. The company also focuses on the development of cannabinoid conjugate molecules for the treatment of pain and cancer. Enveric Biosciences, Inc. is headquartered in Naples, Florida.

ENVB Stock Price History

ENVB Stock News Headlines

You need to know these two things about AI stocks ASAP…
For 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.
Enveric Biosciences (NASDAQ:ENVB) Shares Up 5.9%
Enveric Biosciences Inc (ENVB)
You need to know these two things about AI stocks ASAP…
For 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.
Why Is Enveric Biosciences (ENVB) Stock Up 120% Today?
Enveric stock jumps 13% on pipeline update
See More Headlines
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Company Calendar

Last Earnings
3/25/2024
Today
5/10/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ENVB
Employees
7
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.00
High Stock Price Target
$10.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+987.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-17,290,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$0.71 per share

Miscellaneous

Free Float
7,206,000
Market Cap
$6.71 million
Optionable
Not Optionable
Beta
0.82
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Key Executives

  • Dr. Joseph Edward Tucker Ph.D. (Age 55)
    CEO & Director
    Comp: $450.79k
  • Mr. Kevin M. Coveney CPA (Age 60)
    Chief Financial Officer
    Comp: $385.62k
  • Dr. Peter J. Facchini Ph.D. (Age 60)
    Chief Innovation Officer
    Comp: $233.27k

ENVB Stock Analysis - Frequently Asked Questions

Should I buy or sell Enveric Biosciences stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enveric Biosciences in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ENVB shares.
View ENVB analyst ratings
or view top-rated stocks.

What is Enveric Biosciences' stock price target for 2024?

1 Wall Street analysts have issued twelve-month target prices for Enveric Biosciences' stock. Their ENVB share price targets range from $10.00 to $10.00. On average, they predict the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 987.0% from the stock's current price.
View analysts price targets for ENVB
or view top-rated stocks among Wall Street analysts.

How have ENVB shares performed in 2024?

Enveric Biosciences' stock was trading at $1.30 at the beginning of 2024. Since then, ENVB stock has decreased by 29.2% and is now trading at $0.92.
View the best growth stocks for 2024 here
.

Are investors shorting Enveric Biosciences?

Enveric Biosciences saw a decline in short interest in April. As of April 15th, there was short interest totaling 95,600 shares, a decline of 62.5% from the March 31st total of 254,900 shares. Based on an average trading volume of 4,250,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.4% of the company's stock are sold short.
View Enveric Biosciences' Short Interest
.

When is Enveric Biosciences' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our ENVB earnings forecast
.

How were Enveric Biosciences' earnings last quarter?

Enveric Biosciences, Inc. (NASDAQ:ENVB) announced its earnings results on Monday, March, 25th. The company reported ($1.46) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.55) by $0.09.

What ETF holds Enveric Biosciences' stock?

AdvisorShares Psychedelics ETF holds 278,833 shares of ENVB stock, representing 3.78% of its portfolio.

When did Enveric Biosciences' stock split?

Enveric Biosciences shares reverse split on Friday, July 15th 2022. The 1-50 reverse split was announced on Friday, July 15th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 15th 2022. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.

How do I buy shares of Enveric Biosciences?

Shares of ENVB 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.
Compare Top Brokerages Here.

This page (NASDAQ:ENVB) was last updated on 5/10/2024 by MarketBeat.com Staff

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