Bright Minds Biosciences Inc. (DRUG)

CA — Healthcare Sector
Peers: LBRX  DSGN  AURA  ENGN  DMAC  IMAB  ALT  ANNX  GALT  KRRO 

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Key Metrics & Ratings

  • symbol DRUG
  • Rev/Share 0.0
  • Book/Share 11.4464
  • PB 15.1773
  • Debt/Equity 0.0021
  • CurrentRatio 36.1012
  • ROIC -0.1302

 

  • MktCap 971317836.6358
  • FreeCF/Share -1.1627
  • PFCF -116.5482
  • PE -80.7124
  • Debt/Assets 0.0015
  • DivYield 0
  • ROE -0.1975

 

  • Rating C
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 3
  • P/B Score 1
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation DRUG BTIG Research -- Buy -- $72 Sept. 8, 2025
Initiation DRUG TD Cowen -- Buy -- -- May 13, 2025
Initiation DRUG Chardan Capital Markets -- Buy -- $80 May 7, 2025
Initiation DRUG Piper Sandler -- Overweight -- $93 Jan. 23, 2025
Initiation DRUG Cantor Fitzgerald -- Overweight -- -- Jan. 10, 2025
Initiation DRUG H.C. Wainwright -- Buy -- $85 Jan. 10, 2025

News

Bright Minds Biosciences Announces Closing of US$175 Million Public Offering
DRUG
Published: January 09, 2026 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Bright Minds Biosciences Inc. (CSE: DRUG) (NASDAQ: DRUG) (“Bright Minds” or the “Company”) today closed its recently announced public offering of 1,945,000 common shares in the capital of the Company (the “Common Shares”) at a price of US$90.00 per Common Share for gross proceeds of US$175,050,000 (the “Offering”). In connection with the Offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 291,750 Common Shares at the public offering price, less underwriting discounts and commissions. All of the securities sold in this Offering were offered by …

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image for news Bright Minds Biosciences Announces Closing of US$175 Million Public Offering
Bright Minds Biosciences: Positive BREAKTHROUGH Study Data Warrants 'Strong Buy' Rating
DRUG
Published: January 07, 2026 by: Seeking Alpha
Sentiment: Positive

Bright Minds Biosciences remains a "Strong Buy" after positive phase 2 data for BMB-101 in drug-resistant epilepsies. DRUG's BMB-101 achieved -73.1% and -63.3% median seizure reductions in Absence Epilepsy and DEE cohorts, respectively. Multiple 2026 catalysts include additional phase 2 data, phase 3 trial initiation, and a phase 2 PWS study for BMB-101.

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image for news Bright Minds Biosciences: Positive BREAKTHROUGH Study Data Warrants 'Strong Buy' Rating
Bright Minds Biosciences has standout year with epilepsy drug in Phase II trials
DRUG
Published: December 15, 2025 by: Proactive Investors
Sentiment: Positive

For three decades, central nervous system (CNS) drug development was a tough space for investors, scarred by failed bets on Alzheimer's disease, plateauing first-generation antidepressants, and setbacks in safety and efficacy. But advances in receptor-selective chemistry and so-called “biased agonism” – steering toward therapeutic pathways and away from areas that cause side effects – are reviving interest in the field.

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image for news Bright Minds Biosciences has standout year with epilepsy drug in Phase II trials
Recent Price Trend in Bright Minds Biosciences Inc. (DRUG) is Your Friend, Here's Why
DRUG
Published: November 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Bright Minds Biosciences Inc. (DRUG) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

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image for news Recent Price Trend in Bright Minds Biosciences Inc. (DRUG) is Your Friend, Here's Why
Wall Street Analysts Think Bright Minds Biosciences Inc. (DRUG) Could Surge 36.27%: Read This Before Placing a Bet
DRUG
Published: November 25, 2025 by: Zacks Investment Research
Sentiment: Positive

The average of price targets set by Wall Street analysts indicates a potential upside of 36.3% in Bright Minds Biosciences Inc. (DRUG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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image for news Wall Street Analysts Think Bright Minds Biosciences Inc. (DRUG) Could Surge 36.27%: Read This Before Placing a Bet
Bright Minds Biosciences Inc. (DRUG) is on the Move, Here's Why the Trend Could be Sustainable
DRUG
Published: October 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Bright Minds Biosciences Inc. (DRUG) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

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image for news Bright Minds Biosciences Inc. (DRUG) is on the Move, Here's Why the Trend Could be Sustainable
Wall Street Analysts Believe Bright Minds Biosciences Inc. (DRUG) Could Rally 81.29%: Here's is How to Trade
DRUG
Published: September 18, 2025 by: Zacks Investment Research
Sentiment: Positive

The consensus price target hints at an 81.3% upside potential for Bright Minds Biosciences Inc. (DRUG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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image for news Wall Street Analysts Believe Bright Minds Biosciences Inc. (DRUG) Could Rally 81.29%: Here's is How to Trade
Does Bright Minds Biosciences Inc. (DRUG) Have the Potential to Rally 114.07% as Wall Street Analysts Expect?
DRUG
Published: September 02, 2025 by: Zacks Investment Research
Sentiment: Positive

The consensus price target hints at an 114.1% upside potential for Bright Minds Biosciences Inc. (DRUG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Read More
image for news Does Bright Minds Biosciences Inc. (DRUG) Have the Potential to Rally 114.07% as Wall Street Analysts Expect?
Bright Minds Biosciences to Host Virtual R&D Day on May 20, 2025; Program Highlights Include an Overview of Absence Seizures and the BMB-101 Phase 2 Study
DRUG
Published: April 28, 2025 by: GlobeNewsWire
Sentiment: Neutral

VANCOUVER, British Columbia, April 28, 2025 (GLOBE NEWSWIRE) -- Bright Minds Biosciences Inc. (CSE: DRUG) (NASDAQ: DRUG) (“Bright Minds” or the “Company”), a company focused on developing highly selective 5-HT2 agonists for the treatment of drug-resistant epilepsy, depression, and other central nervous system (CNS) disorders, today announced that it will host a virtual R&D Day on Tuesday, May 20, 2025, from 10:00 am – 11:30 am ET.

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image for news Bright Minds Biosciences to Host Virtual R&D Day on May 20, 2025; Program Highlights Include an Overview of Absence Seizures and the BMB-101 Phase 2 Study

About Bright Minds Biosciences Inc. (DRUG)

  • IPO Date 2021-03-22
  • Website https://brightmindsbio.com
  • Industry Biotechnology
  • CEO Ian McDonald
  • Employees None

Bright Minds Biosciences Inc., a pre-clinical biosciences company, develops 5-HT (serotonin) medicines to improve the lives of patients with severe and life-altering diseases. Its portfolio of selective 5-HT receptor agonists comprises 5-HT2C, 5-HT2A, and 5-HT2C/A for the treatment of epilepsy, pain, and neuropsychiatry. The company has collaboration with National Institutes of Health for the treatment of epilepsy; University of Texas Medical Branch to treat impulse control disorders, such as binge eating; and Medical College of Wisconsin. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.