Atai Life Sciences (ATAI) Stock Price, News & Analysis

$1.89
-0.16 (-7.80%)
(As of 05/10/2024 ET)
Today's Range
$1.89
$2.10
50-Day Range
$1.63
$2.60
52-Week Range
$1.02
$2.85
Volume
666,666 shs
Average Volume
993,536 shs
Market Capitalization
$316.40 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.50

Atai Life Sciences MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
455.6% Upside
$10.50 Price Target
Short Interest
Bearish
5.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.89mentions of Atai Life Sciences in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$164,742 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.80) to ($0.77) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.06 out of 5 stars

Medical Sector

601st out of 925 stocks

Pharmaceutical Preparations Industry

285th out of 430 stocks

ATAI stock logo

About Atai Life Sciences Stock (NASDAQ:ATAI)

Atai Life Sciences N.V., a clinical-stage biopharmaceutical company, develops and invests in various therapeutics to treat depression, anxiety, addiction, and other mental health disorders. Its product candidates include COMP360, a proprietary psilocybin which is in Phase 3 program; BPL-003, an intranasal formulation that is in Phase 2a and 2b clinical studies; TRD; VLS-01, an transmucosal film in Phase 1b clinical studies; and ELE-101, a serotonergic psychedelic that is in Phase 1/2a study, for the treatment of treatment resistant depression. The company also develop IBX-210, an intravenous formulation of ibogaine, and DMX-1002, an oral formulation of ibogaine indicated for the treatment of opioid use disorder; EMP-01, an oral formulation of an R-MDMA derivative being developed for the treatment of post-traumatic stress disorder; and EGX-A and EGX-B, psychedelic-like with novel, non-tryptamine structures with differentiated 5-HT receptor pharmacology. In addition, it offers RL-007, an orally bioavailable compound, which is a pro-cognitive neuromodulator for cognitive impairment associated with schizophrenia; and GRX-917, a deuterated etifoxine for the treatment of generalize anxiety disorder. Further, the company develops PCN-101, a subcutaneous formulation of R-ketamine, as a therapy for psychiatric indications initially focused on TRD; KUR-101, a formulation of deuterated mitragynine for the treatment of OUD; and RLS-01, indicated for treatment resistant depression. ATAI Life Sciences N.V. was founded in 2018 and is headquartered in Berlin, Germany with offices in New York and London.

ATAI Stock Price History

ATAI Stock News Headlines

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Recap: ATAI Life Sciences Q4 Earnings
See More Headlines
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Company Calendar

Last Earnings
3/28/2024
Today
5/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ATAI
Fax
N/A
Employees
83
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.50
High Stock Price Target
$15.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+455.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-40,220,000.00
Net Margins
-12,810.51%
Pretax Margin
-12,511.46%

Debt

Sales & Book Value

Annual Sales
$310,000.00
Book Value
$1.47 per share

Miscellaneous

Free Float
117,189,000
Market Cap
$316.40 million
Optionable
Optionable
Beta
0.92
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Key Executives

  • Mr. Christian  AngermayerMr. Christian Angermayer (Age 46)
    Founder & Chairman of the Supervisory Board
    Comp: $70k
  • Mr. Florian Brand (Age 37)
    Co-Founder, MD & CEO
    Comp: $835.44k
  • Dr. Srinivas G. Rao M.D. (Age 55)
    Ph.D., Co-Founder & Chief Scientific Officer
    Comp: $834.15k
  • Ms. Anne Johnson (Age 55)
    Chief Financial Officer
  • Dr. Michael Raven Ph.D.
    Senior Vice President of Operations
  • Mr. Frank Stegert (Age 43)
    Vice President of Investment & Venture Management
  • Mr. Ryan Barrett (Age 43)
    Senior VP, General Counsel & Corporate Secretary
  • Dr. Glenn Short Ph.D.
    Senior Vice President of Early Development
  • Dr. Sahil V. Kirpekar M.D. (Age 38)
    Chief Business Officer
  • Dr. Kevin Craig M.D.
    Senior Vice President of Clinical Development

ATAI Stock Analysis - Frequently Asked Questions

Should I buy or sell Atai Life Sciences stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Atai Life Sciences in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATAI shares.
View ATAI analyst ratings
or view top-rated stocks.

What is Atai Life Sciences' stock price target for 2024?

3 Wall Street analysts have issued 12-month price objectives for Atai Life Sciences' stock. Their ATAI share price targets range from $6.00 to $15.00. On average, they predict the company's share price to reach $10.50 in the next year. This suggests a possible upside of 455.6% from the stock's current price.
View analysts price targets for ATAI
or view top-rated stocks among Wall Street analysts.

How have ATAI shares performed in 2024?

Atai Life Sciences' stock was trading at $1.41 at the start of the year. Since then, ATAI shares have increased by 34.0% and is now trading at $1.89.
View the best growth stocks for 2024 here
.

How were Atai Life Sciences' earnings last quarter?

Atai Life Sciences (NASDAQ:ATAI) announced its quarterly earnings data on Thursday, March, 28th. The company reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates of ($0.17) by $0.05. The business had revenue of $0.02 million for the quarter, compared to analyst estimates of $0.90 million. Atai Life Sciences had a negative net margin of 12,810.51% and a negative trailing twelve-month return on equity of 45.08%.

What ETF holds Atai Life Sciences' stock?

AdvisorShares Psychedelics ETF holds 200,207 shares of ATAI stock, representing 5.43% of its portfolio.

What other stocks do shareholders of Atai Life Sciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Atai Life Sciences investors own include Alphabet (GOOG), Baidu (BIDU), Costco Wholesale (COST), MannKind (MNKD), NVIDIA (NVDA), Schlumberger (SLB), Twitter (TWTR), Adobe (ADBE), Allergan (AGN) and Achaogen (AKAO).

When did Atai Life Sciences IPO?

Atai Life Sciences (ATAI) raised $200 million in an initial public offering (IPO) on Friday, June 18th 2021. The company issued 14,300,000 shares at $13.00-$15.00 per share. Credit Suisse, Citigroup, Cowen and Berenberg acted as the underwriters for the IPO and Cantor, RBC Capital Markets and Canaccord Genuity were co-managers.

Who are Atai Life Sciences' major shareholders?

Atai Life Sciences' stock is owned by a number of retail and institutional investors. Top institutional investors include Quattro Financial Advisors LLC (0.04%), China Universal Asset Management Co. Ltd. (0.02%), Kingswood Wealth Advisors LLC (0.02%), CRA Financial Services LLC (0.01%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Anne Nagengast Johnson, Apeiron Investment Group Ltd, Christian Angermayer, Florian Brand, Gregory L Weaver and Srinivas Rao.
View institutional ownership trends
.

How do I buy shares of Atai Life Sciences?

Shares of ATAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ATAI) was last updated on 5/12/2024 by MarketBeat.com Staff

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