NASDAQ:MNKD

MannKind (MNKD) Stock Price, News & Analysis

$4.32
+0.01 (+0.23%)
(As of 05/10/2024 ET)
Today's Range
$4.23
$4.45
50-Day Range
$4.05
$5.27
52-Week Range
$3.17
$5.75
Volume
1.90 million shs
Average Volume
1.88 million shs
Market Capitalization
$1.18 billion
P/E Ratio
144.05
Dividend Yield
N/A
Price Target
$8.00

MannKind MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
85.2% Upside
$8.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.66mentions of MannKind in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
60.00%
From $0.10 to $0.16 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.

2.70 out of 5 stars

Medical Sector

436th out of 921 stocks

Pharmaceutical Preparations Industry

196th out of 428 stocks

MNKD stock logo

About MannKind Stock (NASDAQ:MNKD)

MannKind Corporation, a biopharmaceutical company, focuses on the development and commercialization of inhaled therapeutic products for endocrine and orphan lung diseases in the United States. It offers Afrezza, an inhaled insulin used to improve glycemic control in adults with diabetes, and the V-Go wearable insulin delivery device, which provides continuous subcutaneous infusion of insulin in adults. The company's product pipeline also includes Tyvaso DPI (Treprostinil), an inhalation powder for the treatment of pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease; MNKD-101, a nebulized formulation of clofazimine, for the treatment of severe chronic and recurrent pulmonary infections, including nontuberculous mycobacterial lung disease; MNKD-201, a dry-powder formulation of nintedanib, for the treatment of idiopathic pulmonary fibrosis (IPF). In addition, it has collaboration and license agreement with United Therapeutics Corporation for development, regulatory, and commercial activities of Tyvaso DPI; co-promotion agreement with Vertice Pharma to promote Thyquidity; and collaboration agreement with Thirona to evaluate the therapeutic for the treatment of pulmonary fibrosis. Further, the company has supply and distribution agreement with Biomm S.A. for the commercialization of Afrezza in Brazil; and license and distribution agreement with Cipla Ltd. for the marketing and distribution of Afrezza in India. MannKind Corporation was incorporated in 1991 and is headquartered in Danbury, Connecticut.

MNKD Stock Price History

MNKD Stock News Headlines

CEO of Biggest AI Chipmaker Just Dropped a Bombshell…
Nvidia’s CEO calls it the “next amazing revolution” … and even declared it “is going to be flat out of the biggest [revolution] ever.” Jeff Bezos, Bill Gates, and Mark Zuckerberg have invested billions in it.
CEO of Biggest AI Chipmaker Just Dropped a Bombshell…
Nvidia’s CEO calls it the “next amazing revolution” … and even declared it “is going to be flat out of the biggest [revolution] ever.” Jeff Bezos, Bill Gates, and Mark Zuckerberg have invested billions in it.
MannKind Corp. Q1 Earnings Summary
MannKind Repays Certain Debt Obligations
MannKind Announces CFO Transition
Jim Cramer Says You Should Avoid These 11 Stocks
MNKD Mar 2024 5.000 put
MNKD Mar 2024 4.000 call
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
5/10/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:MNKD
CUSIP
56400P20
Employees
411
Year Founded
1991

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$10.00
Low Stock Price Target
$6.50
Potential Upside/Downside
+85.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-11,940,000.00
Pretax Margin
-5.22%

Debt

Sales & Book Value

Annual Sales
$198.96 million
Book Value
($0.91) per share

Miscellaneous

Free Float
262,559,000
Market Cap
$1.17 billion
Optionable
Optionable
Beta
1.34

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Key Executives

  • Dr. Michael E. Castagna Pharm.D. (Age 47)
    CEO & Director
    Comp: $1.53M
  • Ms. Lauren M. Sabella (Age 63)
    Executive VP & COO
    Comp: $1.39M
  • Dr. David B. Thomson J.D. (Age 57)
    Ph.D., Executive VP, General Counsel & Secretary
    Comp: $862.23k
  • Dr. Stuart A. Tross Ph.D. (Age 57)
    Executive VP and Chief People & Workplace Officer
    Comp: $739.45k
  • Mr. Steven B. BinderMr. Steven B. Binder (Age 61)
    Executive Vice President of Special Projects
    Comp: $854.28k
  • Mr. Christopher B. Prentiss M.B.A. (Age 49)
    Chief Financial Officer
  • Mr. Sanjay Singh M.B.A. (Age 58)
    Executive Vice President of Technical Operations
    Comp: $364.53k
  • Ms. Rosabel Realica Alinaya (Age 63)
    VP of Investor Relations & Treasury
    Comp: $402.26k
  • Mr. John F. Bedard (Age 74)
    Senior Vice President of Worldwide Regulatory Affairs
  • Mr. James Patrick McCauley Jr. (Age 58)
    J.D., M.B.A., Chief Commercial Officer
    Comp: $614.06k

MNKD Stock Analysis - Frequently Asked Questions

Should I buy or sell MannKind stock right now?

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

What is MannKind's stock price target for 2024?

3 equities research analysts have issued 1-year target prices for MannKind's shares. Their MNKD share price targets range from $6.50 to $10.00. On average, they predict the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 85.2% from the stock's current price.
View analysts price targets for MNKD
or view top-rated stocks among Wall Street analysts.

How have MNKD shares performed in 2024?

MannKind's stock was trading at $3.64 at the beginning of the year. Since then, MNKD stock has increased by 18.7% and is now trading at $4.32.
View the best growth stocks for 2024 here
.

When is MannKind's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our MNKD earnings forecast
.

How were MannKind's earnings last quarter?

MannKind Co. (NASDAQ:MNKD) released its earnings results on Wednesday, May, 8th. The biopharmaceutical company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The biopharmaceutical company earned $66.26 million during the quarter, compared to the consensus estimate of $60.55 million. The firm's quarterly revenue was up 63.1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.04) earnings per share.

What ETFs hold MannKind's stock?

ETFs with the largest weight of MannKind (NASDAQ:MNKD) stock in their portfolio include Invesco Biotechnology & Genome ETF (PBE), ALPS Medical Breakthroughs ETF (SBIO) and Invesco Nasdaq Future Gen 200 ETF (QQQS).iShares Micro-Cap ETF (IWC).

What other stocks do shareholders of MannKind own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MannKind investors own include Bausch Health Companies (BHC), Novavax (NVAX), Geron (GERN), ACADIA Pharmaceuticals (ACAD), Advanced Micro Devices (AMD), Chesapeake Energy (CHKAQ), Micron Technology (MU), NVIDIA (NVDA), Intel (INTC) and Gilead Sciences (GILD).

Who are MannKind's major shareholders?

MannKind's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.59%), 180 Wealth Advisors LLC (0.72%), TSP Capital Management Group LLC (0.30%), GSA Capital Partners LLP (0.23%), Simplex Trading LLC (0.00%) and Hennion & Walsh Asset Management Inc. (0.09%). Insiders that own company stock include Alejandro Galindo, Anthony C Hooper, David Thomson, Michael Castagna, Steven B Binder, Stuart A Tross and Stuart A Tross.
View institutional ownership trends
.

How do I buy shares of MannKind?

Shares of MNKD 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:MNKD) was last updated on 5/11/2024 by MarketBeat.com Staff

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