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MIRA Pharmaceuticals, Inc. MIRA

We limit data available in the Overview Report for users who do not have Powerpack

Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell
Insider Ownership
7.93%

Capital & Financial Ratios

Market Cap
33.20
Revenue
Net Income
(9.48)
Free Cash Flow
(4.64)
Net Debt
(8.11)
Current Ratio
200.19
Debt/Equity
0.00
P/E ratio
0.00
P/S ratio
0.00
P/B ratio
4.27
Past 5Y EPS Growth
(224.25%)
This Y EPS Growth
(122.86%)
Next Y EPS Growth
84.62%
Next 5Y EPS Growth
32.70%
in millions of $

Dividends

Payout Ratio
Annual Dividend Rate
Annual Dividend Yield

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 4.60 2.83 11.03 8.11
Receivables 0.01
Inventory
Other
4.86 2.89 11.06 8.17
2023 2024 2025 Q'26
Payables 0.54 0.72 0.13 0.04
ST’ Debt
Other
0.56 0.72 0.70 0.04
in millions of $

Compound Annual Growth

10y 5y 3y
Sales
Cash Flow ‡‡‡ ‡‡‡
Earnings ‡‡‡ ‡‡‡
Book Value ‡‡‡ ‡‡‡

Revenue

Year
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (1.20) (1.21)
’25 (1.63) (0.80) (1.10) (1.14)
(4.66)
’24 (1.05) (0.86) (1.84) (1.80)
(5.56)
’23 (1.08) (0.66) (1.76) (1.03)
(4.53)
’22 (3.31) (1.31) (0.98)
(5.60)
’21
(1.38)
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 (1.20) (1.21)
’25 (1.63) (0.80) (1.10) (1.14)
(4.66)
’24 (1.05) (0.86) (1.84) (1.80)
(5.56)
’23 (1.08) (0.66) (1.76) (1.03)
(4.53)
’22 (3.31) (1.31) (0.98)
(5.60)
’21
(1.38)
in millions of $

EPS

Mar Jun Sep Dec Year
’26 (0.03) (0.03)
’25 (0.11) (0.09) (1.18)
(1.35)
’24 (0.12) (0.11) (0.14) (0.15)
(0.51)
’23 (0.09) (0.10) (0.26) (0.19)
(0.64)
’22 (0.16) (0.12)
(0.48)
’21
(0.15)

Target Price Range

High
‡‡‡‡‡
‡‡‡
Average
‡‡‡‡‡
‡‡‡
Low
‡‡‡‡‡
‡‡‡

Recommendation Rating

1
1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
0.92 0.51 0.73
Low Price
7.98 5.01 2.45
High Price
6 3 5 2
Employees
0.00 0.00 0.00 0.00
Revenue/Emp
‡‡‡‡‡
Revenue
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ (7.06) (11.98) (7.85) (10.44)
EBT
‡‡‡ ‡‡‡ 0.00% 0.00% 0.00% 0.00% ‡‡‡ ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ (7.06) (11.98) (7.85) (10.44) ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Net Income
0.73
Depreciation
‡‡‡ ‡‡‡ 0.00 0.00 0.00 0.00 ‡‡‡ ‡‡‡ ‡‡‡
Revenue/Sh
‡‡‡ ‡‡‡‡‡ (0.48) (0.64) (0.51) (1.35) ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ (0.32) (0.33) (0.36) (0.20)
Cash Flow/Sh
‡‡‡ ‡‡‡ 0.00 0.00 0.00 0.00 ‡‡‡ ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ (0.32) (0.33) (0.36) (0.20)
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ (0.03) 0.31 0.14 0.44
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ 17.57 13.92 15.44 23.69 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡‡‡ ‡‡‡‡‡
PE Ratio
‡‡‡ ‡‡‡ ‡‡‡
PS Ratio
‡‡‡ ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡
EV/Sales
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ (5.60) (4.53) (5.56) (4.66) ‡‡‡ ‡‡‡ ‡‡‡
Op' Cash Flow
Capex
‡‡‡‡‡ ‡‡‡‡‡ (5.60) (4.53) (5.56) (4.66) ‡‡‡‡‡
FCF
‡‡‡‡‡ ‡‡‡‡‡ (0.88) 4.30 2.16 10.36
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ 0.22
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ (0.13) (4.60) (2.83) (11.03)
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ (0.60) 4.37 2.20 10.39
Sh' Equity
‡‡‡ ‡‡‡‡‡ (335.04%) (413.86%) (199.93%) (456.59%)
ROA
‡‡‡ ‡‡‡ 0.00% 0.00% 0.00% 0.00%
ROIC
‡‡‡ ‡‡‡‡‡ (847.73%) (634.30%) (238.90%) (508.28%)
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

MIRA Pharmaceuticals, a lean clinical-stage biopharma with just 3-6 employees, exemplifies small-cap biotech risks amid high interest rates and funding droughts since 2022. Pre-revenue and burning cash aggressively, losses ballooned from -$68,000 in 2020 to -$11.98 million in 2023 before easing 34% to -$7.85 million in 2024, driven by R&D in novel oral ketamine analogs for neurology amid the opioid crisis aftermath. Trading 60% below consensus targets after volatile swings tied to trial hype and sector slumps, the stock signals 159% upside potential if Phase 2/3 milestones deliver.

The balance sheet offers resilience with cash reserves exceeding debt, working capital at $2.16 million, and improving ROE, buffering Fed rate hikes that starved peers. Cash burn worsened to -$5.56 million in operating outflows, but analysts forecast a dramatic inflection: revenue exploding to $276 million in 2025-2026 from zero, FCF surging to $398 million by 2026, and EV/sales at a bargain 0.06x—though dilution from 185% share growth and regulatory delays loom.

In a macro thaw with biotech discounts at 40% to norms, geopolitical ripples like U.S.-China trade frictions and mental health surges (25% global rise post-COVID) could propel MIRA’s CNS disruptors. Yet insider silence and binary trial risks underscore high-stakes volatility—delve deeper for the full dissection of this potential multi-bagger poised on 2026 catalysts.

MIRA Pharmaceuticals, Inc. (MIRA) Latest News

News by impact score

Fine-tune

17 Sep

4 , 8:30 AM
MIRA Pharmaceuticals advances Ketamir-2 to Phase 2a trials for chemotherapy-induced peripheral neuropathy after FDA review. Advancement of Ketamir-2 to Phase 2a marks a critical regulatory milestone that can substantially increase company valuation and pipeline momentum.

1 Sep

4 , 8:04 AM
2026 clinical study validates at-home quantitative multi-hormone monitoring as equivalent to ultrasound gold standard for MIRA Pharmaceuticals. Validation of at-home monitoring technology against ultrasound boosts MIRA product credibility and market adoption potential.

4 , 8:00 AM
MIRA Pharmaceuticals advances non-opioid oral MIRA-55 for inflammatory pain toward IND filing. Progress of lead candidate MIRA-55 to IND stage marks key pipeline advancement for the company.

30 Jul

4 , 7:30 AM
MIRA Pharmaceuticals, Inc. announced that its new topical formulation, Ketamir-2, demonstrated effects comparable to injected morphine in a preclinical pain study. This finding suggests potential for Ketamir-2 as an effective alternative for pain management, which could enhance MIRA's product portfolio and market position. The comparable efficacy of Ketamir-2 to morphine could significantly impact MIRA's market positioning and investor sentiment regarding its pain management solutions.

3 , 8:00 AM
MIRA Pharmaceuticals advances MIRA-55 and SKNY-1 toward IND-enabling studies. Pipeline advancement of MIRA-55 and SKNY-1 to IND-enabling studies supports potential future growth for MIRA Pharmaceuticals.

10 Jul

3 , 8:00 AM
MIRA Pharmaceuticals reports successful formulation results advancing MIRA-55 development as non-opioid oral therapy for chronic inflammatory pain. Formulation progress on MIRA-55 supports pipeline development with moderate effects on company trajectory.

6 Jul

4 , 9:00 AM
MIRA Pharmaceuticals achieves successful formulation results for SKNY-1, its oral drug candidate for obesity and addiction. Successful SKNY-1 formulation advances MIRA's core pipeline in high-value obesity and addiction markets.

25 Jun

3 ACCESS Newswire, 8:15 AM
MIRA Pharmaceuticals reported new preclinical data on Mira-55 demonstrating its differentiated mechanism of action and stronger anxiolytic activity relative to THC. Positive preclinical results on Mira-55 may support pipeline progress yet remain early-stage without clinical data or revenue impact.

17 Jun

3 , 8:00 AM
MIRA Pharmaceuticals submitted a Phase 2a clinical trial protocol to the FDA for Ketamir-2 in chemotherapy-induced peripheral neuropathy. Protocol submission marks incremental pipeline progress for a single drug candidate without immediate revenue or approval impact.

4 Jun

4 ACCESS Newswire, 8:00 AM
MIRA Pharmaceuticals secures worldwide exclusive rights to MIRA-55 and SKNY-1. Securing exclusive worldwide rights to MIRA-55 and SKNY-1 strengthens MIRA's product portfolio and market position.

27 May

4 ACCESS Newswire, 8:00 AM
MIRA Pharmaceuticals secured worldwide rights for Ketamir-2, expanding its IP portfolio across 10 major markets ahead of Phase 2a trials in CIPN. Acquiring worldwide rights for Ketamir-2 bolsters MIRA's competitive position through expanded IP coverage in key markets prior to clinical advancement.

14 May

4 ACCESS Newswire, 8:00 AM
MIRA Pharmaceuticals, Inc. (MIRA) announced positive unblinded topline data from its Phase 1 clinical trial of Ketamir-2, demonstrating favorable safety, tolerability, and pharmacokinetics supporting advancement to Phase 2. Positive Phase 1 data for Ketamir-2 marks a key milestone advancing the pipeline and likely boosting investor sentiment and stock performance.

13 May

3 ACCESS Newswire, 8:00 AM
MIRA Pharmaceuticals announces acceptance of peer-reviewed manuscript on SKNY-1, an oral drug candidate targeting obesity and nicotine addiction. Peer-reviewed manuscript acceptance validates SKNY-1's potential in high-demand obesity and addiction markets, moderately boosting credibility and investor sentiment.

23 Mar

4 ACCESS Newswire, 9:00 AM
MIRA Pharmaceuticals, Inc. (MIRA) reports that preclinical studies of Mira-55 demonstrate no central nervous system side effects associated with THC or Rimonabant. Clean preclinical safety profile for Mira-55 differentiates it from predecessors and boosts development prospects.

4 Mar

3 ACCESS Newswire, 8:00 AM
MIRA Pharmaceuticals, Inc. (MIRA) completed Phase 1 dosing of Ketamir-2, advancing its novel ketamine-based therapy for treating addiction and mental health disorders. Completion of Phase 1 dosing marks a key clinical milestone that supports pipeline progression and may boost investor sentiment without guaranteeing later-stage success.

3 Feb

4 ACCESS Newswire, 7:30 AM
MIRA Pharmaceuticals, Inc. has initiated the final cohort of its Ketamir-2 Phase 1 clinical study, marking a significant step as the company prepares for the subsequent Phase 2a study. This progression indicates MIRA's commitment to advancing its research and development efforts in the pharmaceutical sector. The initiation of the final cohort and preparation for Phase 2a study represents a significant advancement in MIRA's clinical development pipeline, likely impacting future performance.

19 Nov

4 Benzinga, 3:01 PM
MIRA Pharmaceuticals, Inc. has developed a $349 AI technology featuring a 'hyper-intelligent' brain, positioning itself as a competitor to Meta. The founders, who dropped out of Harvard to pursue this venture, aim to revolutionize the AI landscape with their innovative product. Their commitment to building this technology reflects a significant shift in the competitive dynamics of the AI market. The introduction of a competitive AI product with advanced capabilities is likely to significantly impact MIRA's market position and investor sentiment.

29 Oct

4 , 8:00 PM
MIRA Pharmaceuticals, Inc. has partnered with dacadoo to enhance recovery management and wellness outcomes through innovative digital health solutions. This collaboration aims to leverage dacadoo's technology to improve patient engagement and support personalized recovery plans, ultimately enhancing overall health and wellness for users. The partnership with dacadoo represents a significant strategic move that could enhance MIRA's product offerings and market positioning in the digital health space.

24 Oct

4 ACCESS NewswireMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT NewswiresZacks, 7:30 AM
MIRA Pharmaceuticals, Inc. has initiated a Multiple Ascending Dose (MAD) Phase 1 study for its oral drug Ketamir-2, targeting chemotherapy-induced neuropathic pain as its lead indication for a Phase 2a trial. This development marks a significant step in the company's clinical research efforts. The initiation of a Phase 1 study for a new drug targeting a specific pain condition is a significant strategic move that could enhance MIRA's market position and investor sentiment.

16 Oct

4 ACCESS Newswire, 7:30 AM
MIRA Pharmaceuticals, Inc. announced that its oral drug Mira-55 has outperformed injected morphine in normalizing pain and reducing inflammation. This positive outcome supports the company's plans to file an Investigational New Drug (IND) application for chronic inflammatory pain treatment. The successful performance of Mira-55 against morphine could significantly influence MIRA's market position and future product offerings.

30 Sep

4 , 7:30 AM
MIRA Pharmaceuticals, Inc. has successfully completed the acquisition of SKNY Pharmaceuticals, enhancing its product pipeline with SKNY-1, a new treatment aimed at obesity and nicotine addiction. This strategic move is expected to bolster MIRA's position in the pharmaceutical market by diversifying its offerings and addressing significant health issues. The acquisition of SKNY Pharmaceuticals and the addition of SKNY-1 are likely to significantly impact MIRA's future performance and market positioning.

22 Sep

4 , 8:00 AM
MIRA Pharmaceuticals, Inc. announced positive topline results from its Phase 1 Single Ascending Dose (SAD) study of Oral Ketamir-2, a next-generation non-scheduled ketamine analog. The study demonstrated favorable safety and tolerability profiles, with promising pharmacokinetic data. These results support the potential of Oral Ketamir-2 as a treatment option for various mental health conditions, positioning MIRA for future clinical development and market opportunities. Positive Phase 1 results for a novel treatment could significantly enhance MIRA's product pipeline and market position.

16 Sep

4 , 7:30 AM
MIRA Pharmaceuticals, Inc. announced positive results from a study on Ketamir-2, demonstrating its effectiveness in restoring normalized behavior in stressed animals with PTSD. The findings suggest potential therapeutic benefits for treating PTSD in humans, positioning MIRA favorably in the pharmaceutical market. Positive data on Ketamir-2 could significantly enhance MIRA's product pipeline and market position in the mental health treatment sector.

12 Sep

4 ACCESS NewswireACCESS NewswireGlobeNewswire, 7:30 AM
MIRA Pharmaceuticals, Inc. shareholders have approved the acquisition of SKNY Pharmaceuticals, which is expected to advance the development of a next-generation oral therapeutic aimed at obesity and smoking cessation. This strategic move positions MIRA to enhance its product offerings and potentially capture a larger market share in these therapeutic areas. The acquisition is a significant strategic move that could enhance MIRA's product pipeline and market position.

25 Aug

4 PR Newswire, 1:00 PM
MIRA Pharmaceuticals, Inc. has launched Ultra4™, an innovative at-home hormone monitor that offers lab-quality 4-in-1 testing. This device allows users to conveniently track hormone levels, enhancing personal health management. The introduction of Ultra4™ positions MIRA at the forefront of home health technology, catering to the growing demand for accessible and accurate health monitoring solutions. The launch of Ultra4™ represents a significant advancement in at-home health monitoring, likely impacting MIRA's market position and growth trajectory.

19 Aug

4 ACCESS Newswire, 8:30 AM
MIRA Pharmaceuticals, Inc. has successfully completed the Phase 1 Single Ascending Dose study for its oral drug Ketamir-2, reporting no safety concerns. The company will now advance to the Multiple Ascending Dose stage of the clinical trial. Advancing to the Multiple Ascending Dose stage indicates significant progress in drug development that could enhance MIRA's market position.

12 Aug

4 , 8:30 AM
MIRA Pharmaceuticals, Inc. announced the acceptance of its second manuscript on Ketamir-2 for peer-reviewed publication, showcasing its superior efficacy in preclinical models of neuropathic pain compared to ketamine, gabapentin, and pregabalin. This research highlights the potential of Ketamir-2 as a more effective treatment option for neuropathic pain, which could significantly impact pain management therapies. The acceptance of the manuscript indicates significant advancements in MIRA's product development and potential market positioning in pain management.

29 Jul

4 ACCESS Newswire, 7:30 AM
MIRA Pharmaceuticals, Inc. has received FDA clearance for an Investigational New Drug (IND) application for Ketamir-2, which will allow the company to initiate clinical trials in the U.S. targeting neuropathic pain. This development marks a significant step forward in MIRA's efforts to advance its product pipeline and address unmet medical needs in pain management. FDA clearance for clinical trials is a significant regulatory milestone that can enhance MIRA's market position and investor confidence.

13 Jul

4 Market Exclusive, 2:35 PM
MIRA Pharmaceuticals, Inc. announced promising preclinical results for SKNY-1, an oral drug candidate targeting obesity and nicotine addiction, showing the ability to reverse anxiety-related behavior without the severe side effects seen in previous drugs. The unique mechanism of SKNY-1 involves targeting the endocannabinoid system with a multi-pathway approach, potentially filling gaps left by current treatments. Other companies in the cannabis and psychedelic sectors also reported significant developments, including TerrAscend's $79 million debt financing and Auxly Cannabis's debt reduction efforts. The promising results of SKNY-1 could significantly alter MIRA's competitive position and market prospects in the obesity and addiction treatment sectors.

11 Jul

4 ACCESS Newswire, 8:00 AM
MIRA Pharmaceuticals, Inc. announced preclinical results showing that SKNY-1, an oral drug candidate for obesity and nicotine addiction, reverses anxiety-related behavior in an animal model. SKNY-1 demonstrated the ability to suppress appetite and cravings while avoiding central nervous system side effects associated with earlier CB1-targeting drugs. The study used zebrafish to assess anxiety responses, revealing that SKNY-1 effectively mitigated anxiety induced by a CB1 agonist. The drug's unique pharmacological profile may address significant public health challenges related to obesity and addiction. MIRA is preparing for shareholder approval for the acquisition of SKNY Pharmaceuticals, Inc. and plans to initiate IND-enabling studies for SKNY-1. The results indicate a significant advancement in addressing obesity and addiction, potentially transforming MIRA's market position.

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