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About

Ovid Therapeutics Inc., a biopharmaceutical company, engages in the development of impactful medicines for patients and families with epilepsies and seizure-related neurological disorders in the United States. The company is developing OV329, a GABA-AT inhibitor which is in Phase 1 clinical trials for the treatment of adult and pediatric drug-resistant epilepsies; and OV350, a small molecule direct activator of the KCC2 transporter, which is in Phase 1 clinical trials for treating epilepsies. It develops OV350 IV, OV4071, and OV4041, an oral program that behave similarly in phenotypical screens for the treatment of psychosis in people with NSD and LBD; and OV888 (GV101), a highly selective rock2 inhibitor which is in Phase 1 double-blind multiple-ascending dose trial. The company has license and collaboration agreements with Healx, AstraZeneca AB, H. Lundbeck A/S, Northwestern University, and Graviton, as well as Marinus Pharmaceuticals, Inc. The company was incorporated in 2014 and is headquartered in New York, New York.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 107.53M
Enterprise Value 95.69M Income -35.87M Sales 6.61M
Book/sh 0.63 Cash/sh 0.36 Dividend Yield —
Payout 0.00% Employees 23 IPO —
P/E — Forward P/E -4.07 PEG —
P/S 16.27 P/B 2.40 P/C —
EV/EBITDA -2.48 EV/Sales 14.48 Quick Ratio 3.77
Current Ratio 4.24 Debt/Eq 30.79 LT Debt/Eq —
EPS (ttm) -0.50 EPS next Y -0.37 EPS Growth —
Revenue Growth -23.70% Earnings 2026-03-10 ROA -29.33%
ROE -60.06% ROIC — Gross Margin 100.00%
Oper. Margin -94.87% Profit Margin 0.00% Shs Outstand 71.21M
Shs Float 54.45M Short Float 8.12% Short Ratio 3.12
Short Interest — 52W High 2.01 52W Low 0.24
Beta 0.26 Avg Volume 1.61M Volume 968.74K
Target Price $4.05 Recom Strong_buy Prev Close $1.45
Price $1.51 Change 4.14%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.05
Mean price target
2. Current target
$1.51
Latest analyst target
3. DCF / Fair value
$-6.44
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.51
Low
$2.00
High
$7.00
Mean
$4.05

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-22 init LifeSci Capital — → Outperform $4
2025-12-22 reit HC Wainwright & Co. Buy → Buy $2
2025-12-11 init Roth Capital — → Buy $3
2025-11-24 main HC Wainwright & Co. Buy → Buy $2
2025-11-17 init Leerink Partners — → Outperform $5
2025-05-27 main HC Wainwright & Co. Buy → Buy $2
2025-03-24 main BTIG Buy → Buy $4
2025-03-24 main HC Wainwright & Co. Buy → Buy $2
2025-03-12 main Wedbush Outperform → Outperform $3
2025-01-29 up Oppenheimer Perform → Outperform $4
2024-12-04 reit HC Wainwright & Co. Buy → Buy $3
2024-09-30 reit HC Wainwright & Co. Buy → Buy $3
2024-08-19 reit HC Wainwright & Co. Buy → Buy $3
2024-07-26 reit HC Wainwright & Co. Buy → Buy $3
2024-07-02 reit HC Wainwright & Co. Buy → Buy $3
2024-06-18 main BTIG Buy → Buy $5
2024-06-18 main B. Riley Securities Buy → Buy $3
2024-06-18 main Citigroup Neutral → Neutral $1
2024-06-18 main HC Wainwright & Co. Buy → Buy $3
2024-05-16 reit HC Wainwright & Co. Buy → Buy $9
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 71000 — — LEVIN JEREMY M Chief Executive Officer — 2025-12-15 00:00:00 D nan
1 1250000 — — TAKEDA PHARMACEUTICAL CO., LTD. Beneficial Owner of more than 10% of a Class of Security — 2025-12-08 00:00:00 I nan
2 3902 — Sale at price 0.56 per share. RONA JEFFREY A Chief Financial Officer — 2025-02-26 00:00:00 D 2185.0
3 5279 — Sale at price 0.56 per share. ALEXANDER MARGARET A. President — 2025-02-26 00:00:00 D 2956.0
4 43750 — Stock Award(Grant) at price 0.00 per share. RONA JEFFREY A Chief Financial Officer — 2025-02-20 00:00:00 D —
5 43750 — Stock Award(Grant) at price 0.00 per share. ALEXANDER MARGARET A. President — 2025-02-20 00:00:00 D —
6 6810 — Purchase at price 0.73 per share. ALEXANDER MARGARET A. President — 2025-01-27 00:00:00 D 4971.0
7 18248 — Purchase at price 2.76 per share. LEVIN JEREMY M Chief Executive Officer — 2024-03-18 00:00:00 D 50364.0
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.01
NormalizedEBITDA-64.57M-60.71M-54.17M124.45M
TotalUnusualItems3.30M2.00M
TotalUnusualItemsExcludingGoodwill3.30M2.00M
NetIncomeFromContinuingOperationNetMinorityInterest-26.43M-52.34M-54.17M122.83M
ReconciledDepreciation613.00K568.00K1.38M237.08K
EBITDA-61.27M-58.71M-54.17M124.45M
EBIT-61.88M-59.28M-55.55M124.21M
NetInterestIncome3.90M4.90M
InterestIncome3.90M4.90M
NormalizedIncome-29.73M-54.34M-54.17M122.83M
NetIncomeFromContinuingAndDiscontinuedOperation-26.43M-52.34M-54.17M122.83M
TotalExpenses62.45M59.67M57.05M84.17M
TotalOperatingIncomeAsReported-61.88M-59.28M-55.55M124.21M
DilutedAverageShares70.91M70.58M70.42M68.07M
BasicAverageShares70.91M70.58M70.42M67.48M
DilutedEPS-0.37-0.73-0.771.76
BasicEPS-0.37-0.73-0.771.78
DilutedNIAvailtoComStockholders-26.43M-52.34M-54.17M119.84M
NetIncomeCommonStockholders-26.43M-52.34M-54.17M119.84M
OtherunderPreferredStockDividend0.000.003.00M
NetIncome-26.43M-52.34M-54.17M122.83M
NetIncomeIncludingNoncontrollingInterests-26.43M-52.34M-54.17M122.83M
NetIncomeContinuousOperations-26.43M-52.34M-54.17M122.83M
TaxProvision0.000.000.001.33M
PretaxIncome-26.43M-52.34M-54.17M124.16M
OtherIncomeExpense31.50M2.00M1.38M-45.69K
OtherNonOperatingIncomeExpenses28.20M1.38M-45.69K
GainOnSaleOfSecurity3.30M2.00M
NetNonOperatingInterestIncomeExpense3.90M4.90M
InterestIncomeNonOperating3.90M4.90M
OperatingIncome-61.88M-59.28M-55.55M124.21M
OperatingExpense62.45M59.67M57.05M84.17M
ResearchAndDevelopment36.77M28.59M24.62M46.94M
SellingGeneralAndAdministration25.68M31.09M32.43M37.23M
GeneralAndAdministrativeExpense25.68M31.09M32.43M37.23M
OtherGandA11.85M13.95M16.36M23.23M
SalariesAndWages13.84M17.13M16.07M14.01M
TotalRevenue566.00K392.00K1.50M208.38M
OperatingRevenue566.00K392.00K1.50M208.38M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber71.01M70.69M70.47M70.36M
ShareIssued71.01M70.69M70.47M70.36M
TotalDebt14.76M16.00M16.54M0.00
TangibleBookValue68.23M87.80M132.05M179.58M
InvestedCapital68.23M87.80M132.27M179.75M
WorkingCapital45.42M98.12M124.39M175.68M
NetTangibleAssets68.23M87.80M132.05M179.58M
CapitalLeaseObligations14.76M16.00M16.54M0.00
CommonStockEquity68.23M87.80M132.27M179.75M
PreferredStockEquity1.001.001.00
TotalCapitalization68.23M87.80M132.27M179.75M
TotalEquityGrossMinorityInterest68.23M87.80M132.27M179.75M
StockholdersEquity68.23M87.80M132.27M179.75M
GainsLossesNotAffectingRetainedEarnings-35.00K1.00K-42.19K0.00
OtherEquityAdjustments-35.00K1.00K-42.19K
RetainedEarnings-304.30M-277.87M-225.53M-171.36M
AdditionalPaidInCapital372.49M365.59M357.77M351.03M
CapitalStock71.00K71.00K70.47K70.36K
CommonStock71.00K71.00K70.47K70.36K
PreferredStock0.000.001.001.00
TotalLiabilitiesNetMinorityInterest23.94M56.23M22.99M14.80M
TotalNonCurrentLiabilitiesNetMinorityInterest13.42M44.76M16.00M0.00
OtherNonCurrentLiabilities30.00M
DuetoRelatedPartiesNonCurrent0.00
TradeandOtherPayablesNonCurrent0.00
NonCurrentDeferredLiabilities0.00
NonCurrentDeferredRevenue0.00
LongTermDebtAndCapitalLeaseObligation13.42M14.76M16.00M0.00
LongTermCapitalLeaseObligation13.42M14.76M16.00M0.00
CurrentLiabilities10.52M11.47M6.99M14.80M
CurrentDeferredLiabilities0.00
CurrentDeferredRevenue0.00
CurrentDebtAndCapitalLeaseObligation1.34M1.25M533.95K
CurrentCapitalLeaseObligation1.34M1.25M533.95K0.00
PayablesAndAccruedExpenses9.19M10.23M6.46M14.80M
CurrentAccruedExpenses6.00M6.52M4.50M7.67M
Payables3.19M3.70M1.95M7.13M
DuetoRelatedPartiesCurrent0.00
AccountsPayable3.19M3.70M1.95M7.13M
TotalAssets92.17M144.03M155.27M194.54M
TotalNonCurrentAssets36.23M34.43M23.89M4.07M
OtherNonCurrentAssets2.02M2.14M1.97M2.03M
NonCurrentPrepaidAssets96.03K
InvestmentsAndAdvances20.97M17.63M5.62M1.63M
LongTermEquityInvestment20.97M17.63M5.62M1.63M
GoodwillAndOtherIntangibleAssets182.97K222.10K164.09K
NetPPE13.23M14.66M16.07M242.76K
AccumulatedDepreciation-1.41M-1.00M-581.38K-262.21K
GrossPPE14.64M15.66M16.65M504.96K
Leases306.00K306.00K306.31K0.00
OtherProperties14.92M
MachineryFurnitureEquipment1.53M1.46M1.42M504.96K
BuildingsAndImprovements12.80M13.89M14.92M0.00
Properties0.000.000.000.00
CurrentAssets55.94M109.60M131.38M190.48M
OtherCurrentAssets2.87M3.76M2.38M2.68M
PrepaidAssets2.68M
Receivables0.00
DuefromRelatedPartiesCurrent0.00
CashCashEquivalentsAndShortTermInvestments53.08M105.83M129.00M187.80M
OtherShortTermInvestments26.77M78.79M84.13M0.00
CashAndCashEquivalents26.30M27.04M44.87M187.80M
CashEquivalents25.78M24.34M42.01M187.59M
CashFinancial522.00K2.70M2.85M205.56K
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-56.12M-45.92M-56.65M118.42M
IssuanceOfCapitalStock0.00
CapitalExpenditure-161.00K-137.00K-1.42M-189.41K
EndCashPosition28.23M28.97M46.80M189.73M
BeginningCashPosition28.97M46.80M189.73M72.03M
ChangesInCash-740.00K-17.83M-142.93M117.69M
FinancingCashFlow622.00K30.54M180.66K904.08K
CashFlowFromContinuingFinancingActivities622.00K30.54M180.66K904.08K
NetOtherFinancingCharges30.00M-21.31K
ProceedsFromStockOptionExercised622.00K535.00K180.66K925.40K
NetCommonStockIssuance0.00
CommonStockIssuance0.00
InvestingCashFlow54.59M-2.58M-87.88M-1.82M
CashFlowFromContinuingInvestingActivities54.59M-2.58M-87.88M-1.82M
NetOtherInvestingChanges1.00K-1.00K-1.00M
NetInvestmentPurchaseAndSale54.75M7.56M-82.96M0.00
SaleOfInvestment128.00M120.00M90.00M0.00
PurchaseOfInvestment-73.25M-112.44M-172.96M0.00
NetBusinessPurchaseAndSale0.00-10.00M-2.50M-1.63M
PurchaseOfBusiness0.00-10.00M-2.50M-1.63M
NetIntangiblesPurchaseAndSale-90.00K-97.00K-194.40K-5.40K
PurchaseOfIntangibles-194.40K-5.40K
NetPPEPurchaseAndSale-71.00K-40.00K-1.22M-184.01K
PurchaseOfPPE-71.00K-40.00K-1.22M-184.01K
OperatingCashFlow-55.96M-45.78M-55.23M118.61M
CashFlowFromContinuingOperatingActivities-55.96M-45.78M-55.23M118.61M
ChangeInWorkingCapital-150.00K2.39M-8.23M-16.81M
ChangeInOtherWorkingCapital-12.38M
ChangeInPayablesAndAccruedExpense-1.05M3.77M-8.34M-5.09M
ChangeInAccruedExpense-537.00K2.02M-3.17M-4.36M
ChangeInPayable-512.00K1.75M-5.17M-729.70K
ChangeInAccountPayable-512.00K1.75M-5.17M1.70M
ChangeInPrepaidAssets899.00K-1.39M109.29K517.67K
ChangeInReceivables0.00141.76K
OtherNonCashItems-32.91M-1.68M-1.22M7.30M
StockBasedCompensation6.28M7.29M6.56M5.05M
UnrealizedGainLossOnInvestmentSecurities-3.35M-2.00M454.81K0.00
DepreciationAmortizationDepletion613.00K568.00K1.38M237.08K
DepreciationAndAmortization613.00K568.00K1.38M237.08K
AmortizationCashFlow148.76K193.33K
AmortizationOfIntangibles148.76K193.33K
Depreciation1.45M1.19M237.08K
NetIncomeFromContinuingOperations-26.43M-52.34M-54.17M122.83M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for OVID
Date User Asset Broker Type Position Size Entry Price Patterns