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Mind Medicine Inc has a consensus price target of $25.27 based on the ratings of 12 analysts. The high is $55 issued by HC Wainwright & Co. on November 11, 2024. The low is $7 issued by Roth Capital on May 4, 2022. The 3 most-recent analyst ratings were released by Chardan Capital, Oppenheimer, and HC Wainwright & Co. on December 20, 2024, December 17, 2024, and November 11, 2024, respectively. With an average price target of $31.67 between Chardan Capital, Oppenheimer, and HC Wainwright & Co., there's an implied 342.27% upside for Mind Medicine Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Mind Medicine (NASDAQ:MNMD) was reported by Chardan Capital on December 20, 2024. The analyst firm set a price target for $20.00 expecting MNMD to rise to within 12 months (a possible 179.33% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Mind Medicine (NASDAQ:MNMD) was provided by Chardan Capital, and Mind Medicine initiated their buy rating.
There is no last upgrade for Mind Medicine
There is no last downgrade for Mind Medicine.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mind Medicine, 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 Mind Medicine was filed on December 20, 2024 so you should expect the next rating to be made available sometime around December 20, 2025.
While ratings are subjective and will change, the latest Mind Medicine (MNMD) rating was a initiated with a price target of $0.00 to $20.00. The current price Mind Medicine (MNMD) is trading at is $7.16, which is within the analyst’s predicted range.
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