Minerva Neurosciences, Inc

NERV Healthcare Biotechnology

EPS
+183.7%
Free cash flow
−553.5%

Quarter to June 2026, against a year earlier

2.42 0.12 +5.22%
Market cap
$109.8M
P/E
0.0×
Fwd P/E
−0.7×
Dividend yield
—
F-score
n/a
Altman Z
5.95
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 19.14%

Capital & Financial Ratios $m

Size
Market Cap 109.82
Revenue ttm —
Net income ttm (394.35)
Free cash flow ttm (26.17)
Net debt Q (75.37)
Valuation
P/E 0.00
Forward P/E (0.68) (negative: loss-making)
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 20.14 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (17.43)
Growth
Revenue growth Q —
Operating income growth Q −215.41% (below 0%: shrinking)
EPS, this year −33.33% (below 0%: weak)
EPS, next year A +73.02% (at or above 15%: strong)
Revenue, next year A −99.39% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +36.24% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 41 21 82 75
Receivables — — — —
Inventory — — — —
Other — — — —
42 22 83 80
2023 2024 2025 Q'26
Payables 2 2 1 1
ST’ Debt — — — —
Other — — — —
3 3 2 4

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (2.86) (0.14) — — —
’25 (0.50) (0.43) (0.36) (25.51) (34.67)
’24 (1.13) (1.09) 2.97 (0.56) 0.19
’23 (1.31) (1.12) (1.03) (1.19) (4.61)
’22 (1.84) (1.63) (1.29) (1.26) (6.01)
’21 (1.68) (2.00) (1.76) (4.00) (9.36)
’20 (2.48) 5.84 (1.52) (1.36) 0.40
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (13) — — —
’25 (4) (2) (3) (4) (14)
’24 (6) (4) (4) (5) (20)
’23 0 (4) (5) (6) (15)
’22 (6) (5) (10) (4) (25)
’21 (5) (6) (9) (5) (25)
’20 (9) (8) (10) (7) (34)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (13) — — —
’25 (4) (2) (3) (4) (14)
’24 (6) (4) (4) (5) (20)
’23 0 (4) (5) (6) (15)
’22 (6) (5) (10) (4) (25)
’21 (5) (6) (9) (5) (25)
’20 (9) (8) (10) (7) (34)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — 41 — — — — — — — 19 19 19 0.0%
Gross margin, % 0.00 0.00 0.00 0.00 100.00 0.00 0.00 — — — 0.00 0.0 pt
EBT (31) (41) (50) (74) 2 (52) (32) (30) 1 (293) (394) +28.3%
EBT margin, % 0.00 0.00 0.00 0.00 4.71 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
Net income (31) (32) (50) (72) 2 (50) (32) (30) 1 (293) (394) +28.3%
Per share, $
Per share, $ Revenue 0.00 0.00 0.00 0.00 8.07 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings (7.92) (6.64) (10.32) (14.80) 0.40 (9.36) (6.01) (4.61) 0.19 (34.67) (28.37) +17.8%
Cash flow (6.52) 0.65 (8.65) (8.91) (6.63) (4.61) (4.61) (2.27) (2.58) (1.60) (0.56) (14.5%)
Capex 0.00 (0.01) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Free cash flow (6.52) 0.64 (8.65) (8.91) (6.63) (4.61) (4.62) (2.27) (2.58) (1.60) (0.56) (14.5%)
Book value 26.90 27.75 18.61 5.70 10.32 1.49 (3.75) (4.37) (3.39) (16.63) (4.58) n/m
Shares, m 4 5 5 5 5 5 5 7 8 8 27 +8.9%
Valuation, ×
Valuation, × P/E — — — — 29.25 — — — — — 0.00 —
P/S — — — — 0.00 — — — — — 0.00 —
P/B — — — — 1.81 — — — — — 0.00 —
EV/Sales — — — — 0.00 — — — — — 0.00 —
EV/FCF — — — — (2.16) — — — — — (1.55) —
Cash, $m
Cash, $m Operating cash flow (26) 3 (42) (43) (34) (25) (25) (15) (20) (14) (26) (6.9%)
Capex — 0 — — — — 0 — — — 0 (20.8%)
Free cash flow (26) 3 (42) (43) (34) (25) (25) (15) (20) (14) (26) (6.9%)
Balance, $m
Balance, $m Working capital 74 123 86 41 24 59 39 39 19 81 76 +1.0%
Net debt (79) (128) (88) (46) (25) (61) (36) (41) (21) (82) (75) +0.4%
Shareholders’ equity 106 132 90 28 53 8 (20) (28) (26) (141) (213) n/m
Returns, %
Returns, % ROA (28.81) (19.91) (31.08) (66.64) 2.87 (74.07) (48.57) (53.59) 3.06 (434.34) (629.71) (405.5) pt
ROIC (70.51) (766.68) (1,491.63) 0.00 4.24 0.00 0.00 0.00 0.00 0.00 0.00 +70.5 pt
ROE (38.49) (26.54) (45.23) (122.30) 4.83 (164.60) 532.98 123.78 (5.31) 352.58 322.05 +391.1 pt
People
People Employees 11 12 13 13 11 9 9 9 8 7 — (4.9%)
Revenue/emp, $m 0.00 0.00 0.00 0.00 3.74 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2020 · latest quarter Jun 2020 · fundamentals updated 26 Oct 2026

Minerva Neurosciences, Inc vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
FHTX Foghorn Therapeutics Inc. $113.1M — (loss-making) — (loss-making) +112.68% (above 0%: growing) n/m +14.88% (above 0%: growing) 100.00% (54.78%) Compare
ENGN enGene Therapeutics Inc $112.6M — (loss-making) — — n/m +28.07% (above 0%: growing) — 0.00% Compare
NKTX Nkarta, Inc. $112.5M — (loss-making) — — n/m −29.19% (below 0%: shrinking) 0.00% 0.00% Compare
CDXS Codexis, Inc. $111.7M — (loss-making) — (loss-making) −2.69% (below 0%: shrinking) n/m +48.60% (above 0%: growing) 76.45% (75.29%) Compare
ARMP Armata Pharmaceuticals, Inc. $111.5M — (loss-making) — (loss-making) +15.72% (above 0%: growing) n/m −17.98% (below 0%: shrinking) 100.00% (410.84%) Compare
HUMA Humacyte, Inc. $109.9M — (loss-making) — (loss-making) +34.88% (above 0%: growing) n/m +17.85% (above 0%: growing) (203.20%) (6,649.26%) Compare
NERV Minerva Neurosciences, Inc $109.8M — (loss-making) — (loss-making) — n/m −553.48% (below 0%: shrinking) 0.00% 0.00%
OTLK Outlook Therapeutics, Inc. $106.9M — (loss-making) — (loss-making) −99.42% (below 0%: shrinking) n/m −76.54% (below 0%: shrinking) (95.40%) (124,255.17%) Compare
VYGR Voyager Therapeutics, Inc. $106.0M — (loss-making) — (loss-making) −69.97% (below 0%: shrinking) n/m +37.08% (above 0%: growing) 100.00% (658.25%) Compare
Median of peers $111.6M — — +6.52% — +16.37% 76.45% (243.06%)

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 23 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 9.35m 9.86m 252.83
2024 1.21m 1.26m 139.62
2023 1.84m 2.13m 386.79

Ownership

Directors and executive officers, together 1.70%
Funds affiliated with Federated Hermes, Inc. 19.10%
Entities affiliated with Vivo Capital 9.99%
Entities affiliated with Janus Henderson Investors 9.99%
Atlas Private Holdings (Cayman) Ltd. 9.99%
Entities affiliated with Logos Global Management LP 9.99%
Entities affiliated with Farallon Capital Management, L.L.C. 9.99%
Entities affiliated with Seven Fleet Partners LP 8.30%
Foresite Capital Fund VI LP 6.40%
Adage Capital Partners LP 6.30%
Trails Edge Biotechnology Master Fund, LP 6.30%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Minerva Neurosciences, Inc (NERV) Latest News

2 Apr

Impact 4 · · GlobeNewswire

5 Nov

Impact 3 · · Associated Press Finance
Impact 3 · · Associated Press Finance

21 Oct

14 Aug

Impact 3 · · Associated Press Finance
stockrow.com/NERV · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com