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Bright Minds Biosciences Analyst Ratings

DRUGNASDAQ
Logo brought to you by Benzinga Data
$35.29
-0.70-1.94%
Pre-Market: 4:19 PM EDT
Consensus Rating1
Overweight
Highest Price Target1
$93.00
Lowest Price Target1
$75.00
Consensus Price Target1
$84.33

Bright Minds Biosciences Analyst Ratings and Price Targets | NASDAQ:DRUG | Benzinga

Bright Minds Biosciences Inc has a consensus price target of $84.33 based on the ratings of 4 analysts. The high is $93 issued by Piper Sandler on January 23, 2025. The low is $75 issued by Baird on November 25, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Piper Sandler, and HC Wainwright & Co. on February 19, 2025, January 23, 2025, and January 10, 2025, respectively. With an average price target of $87.67 between HC Wainwright & Co., Piper Sandler, and HC Wainwright & Co., there's an implied 148.42% upside for Bright Minds Biosciences Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Nov 24
3
Jan
1
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.4
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Piper Sandler
Baird

1calculated from analyst ratings

Analyst Ratings for Bright Minds Biosciences

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FAQ

Q

What is the target price for Bright Minds Biosciences (DRUG) stock?

A

The latest price target for Bright Minds Biosciences (NASDAQ:DRUG) was reported by HC Wainwright & Co. on February 19, 2025. The analyst firm set a price target for $85.00 expecting DRUG to rise to within 12 months (a possible 140.86% upside). 5 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Bright Minds Biosciences (DRUG)?

A

The latest analyst rating for Bright Minds Biosciences (NASDAQ:DRUG) was provided by HC Wainwright & Co., and Bright Minds Biosciences reiterated their buy rating.

Q

When was the last upgrade for Bright Minds Biosciences (DRUG)?

A

There is no last upgrade for Bright Minds Biosciences

Q

When was the last downgrade for Bright Minds Biosciences (DRUG)?

A

There is no last downgrade for Bright Minds Biosciences.

Q

When is the next analyst rating going to be posted or updated for Bright Minds Biosciences (DRUG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bright Minds Biosciences, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bright Minds Biosciences was filed on February 19, 2025 so you should expect the next rating to be made available sometime around February 19, 2026.

Q

Is the Analyst Rating Bright Minds Biosciences (DRUG) correct?

A

While ratings are subjective and will change, the latest Bright Minds Biosciences (DRUG) rating was a reiterated with a price target of $85.00 to $85.00. The current price Bright Minds Biosciences (DRUG) is trading at is $35.29, which is out of the analyst’s predicted range.

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