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Smart Investors Daily
MN

NASDAQ · MNMD

Mind Medicine (MindMed) Inc.

Healthcare · Biotechnology

$20.69

Up+$0.09 (+0.44%)

Updated Sep 12, 2026, 11:30 AM

SID Score

5.0/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
951.2M
P/E ratio
-6.43
Dividend yield
0.00%
52-week range
$5.36 – $15.29
Volume
2.06M
Avg. volume
1.9M

Price performance

MNMD price history

1M range · 0 trading sessions · Daily adjusted prices

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Latest MNMD news

The latest Smart Investors Daily articles mentioning MNMD.

MNMD research

Overview

Company profile and research snapshot.

Company profile

Mind Medicine Inc. is a late-stage clinical biopharmaceutical company developing novel product candidates to treat brain health disorders. It is developing a pipeline of product candidates targeting neurotransmitter pathways that play key roles in brain health disorders. This includes explicitly pharmaceutically optimized product candidates derived from the psychedelic and empathogen drug classes, including MM120 and MM402, as its key product candidates. The MM120 is a proprietary, pharmaceutically optimized form of lysergide D-tartrate that is being developed to treat generalized anxiety disorder and clinical depressive disorder, and the MM402 is a proprietary form of the R-enantiomer of 3,4-methylenedioxymethamphetamine (MDMA), being developed to treat autism spectrum disorder (ASD).

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Average target
$28.00
Implied upside
Analysts
MNMD recent ratings
DateFirmRatingTarget
Dec 23, 2025Jones TradingBuy
Nov 7, 2025Canaccord GenuityBuy
Nov 7, 2025RBC CapitalOutperform
Oct 13, 2025NeedhamBuy
Aug 4, 2025OppenheimerOutperform
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businesswire.com · Dec 1, 2025

MindMed Announces New Employee Inducement Grants

NEW YORK--(BUSINESS WIRE)--Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (the “Company” or “MindMed”), a late-stage clinical biopharmaceutical company developing novel product candidates to treat brain health disorders, today announced the issuance of inducement grants to four newly hired non-executive employees consisting of options to purchase an aggregate of 182,100 common shares of the Company (the “Options”) with effective grant dates of November 17, 2025, November 24, 2025 and December 1, 2.

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