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Mind Medicine ( (MNMD) ) has shared an announcement.
On September 4, 2025, Mind Medicine announced the publication of its Phase 2b clinical trial results for MM120 in Generalized Anxiety Disorder (GAD) in the Journal of the American Medical Association. The study, which was the first randomized, placebo-controlled trial to evaluate LSD’s efficacy in GAD, showed a statistically significant dose-response relationship, with the 100 µg dose achieving optimal results. The trial demonstrated rapid and lasting symptom improvement, leading to the FDA granting Breakthrough Therapy Designation to MM120. These findings could potentially shift psychiatric treatment paradigms and address the significant unmet medical need in GAD treatment.
The most recent analyst rating on (MNMD) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Mind Medicine stock, see the MNMD Stock Forecast page.
Spark’s Take on MNMD Stock
According to Spark, TipRanks’ AI Analyst, MNMD is a Neutral.
Mind Medicine’s stock score is primarily impacted by its weak financial performance, marked by zero revenue and substantial net losses typical of clinical-stage biotech firms. The strong liquidity position is offset by reliance on equity financing. Technical analysis shows moderate positive momentum, but valuation metrics are unattractive with a negative P/E ratio. The lack of earnings call data and corporate events leaves financial performance as the dominant factor in the overall score.
To see Spark’s full report on MNMD stock, click here.
More about Mind Medicine
Mind Medicine (MindMed) Inc. is a late-stage clinical biopharmaceutical company focused on developing novel product candidates to treat brain health disorders.
Average Trading Volume: 1,229,626
Technical Sentiment Signal: Strong Buy
Current Market Cap: $694.7M
For an in-depth examination of MNMD stock, go to TipRanks’ Overview page.