NASDAQ:ENVB

Enveric Biosciences (ENVB) Stock Price, News & Analysis

$0.91
-0.02 (-2.29%)
(As of 12:13 PM ET)
Today's Range
$0.90
$0.96
50-Day Range
$0.82
$1.66
52-Week Range
$0.65
$6.98
Volume
38,863 shs
Average Volume
3.46 million shs
Market Capitalization
$6.65 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.00

Enveric Biosciences MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
995.7% Upside
$10.00 Price Target
Short Interest
Healthy
1.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.98) to ($1.02) 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.

1.59 out of 5 stars

ENVB stock logo

About Enveric Biosciences Stock (NASDAQ:ENVB)

Enveric Biosciences, Inc., a biotechnology company, engages in the development of small-molecule therapeutics for the treatment of anxiety, depression, and addiction disorders. Its lead program is EB-373, an active metabolite of psilocybin, which is in Phase 1 clinical trials for the treatment of anxiety disorders; EVM-301 for treating mental health; and EV104 CBD + Celecoxib conjugate for treating osteoarthritis. The company also developing cannabinoid-infused topical product for the treatment of radiodermatitis; and cannabinoid and COX-2 inhibitor conjugation that is in pre-clinical stage for the treatment of OA/acute pain. Enveric Biosciences, Inc. is headquartered in Naples, Florida.

ENVB Stock Price History

ENVB Stock News Headlines

Enveric Biosciences Inc (ENVB)
“The Biggest Bubble of All Time” – Here’s What to Do.
Despite AI's incredible run-up in 2023, we're getting some conflicting messages. Analysts at JP Morgan warn that an "AI-driven bubble" could drag the entire stock market down. Folks at Morgan Stanley say AI hysteria is creating conditions like the dot-com collapse. Even AI leaders (the people who benefit the most!) are getting worried.
“The Biggest Bubble of All Time” – Here’s What to Do.
Despite AI's incredible run-up in 2023, we're getting some conflicting messages. Analysts at JP Morgan warn that an "AI-driven bubble" could drag the entire stock market down. Folks at Morgan Stanley say AI hysteria is creating conditions like the dot-com collapse. Even AI leaders (the people who benefit the most!) are getting worried.
Why Is Enveric Biosciences (ENVB) Stock Up 120% Today?
Enveric stock jumps 13% on pipeline update
See More Headlines
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Company Calendar

Last Earnings
3/25/2024
Today
4/25/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ENVB
Employees
7
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.00
High Stock Price Target
$10.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+995.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-17,290,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$0.71 per share

Miscellaneous

Free Float
7,206,000
Market Cap
$6.65 million
Optionable
Not Optionable
Beta
0.85
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Key Executives

  • Dr. Joseph Edward Tucker Ph.D. (Age 56)
    CEO & Director
    Comp: $825.94k
  • Dr. Peter J. Facchini Ph.D. (Age 60)
    Chief Innovation Officer
    Comp: $332.38k
  • Mr. Kevin M. Coveney CPA (Age 60)
    Chief Financial Officer

ENVB Stock Analysis - Frequently Asked Questions

Should I buy or sell Enveric Biosciences stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Enveric Biosciences in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ENVB shares.
View ENVB analyst ratings
or view top-rated stocks.

What is Enveric Biosciences' stock price target for 2024?

1 brokerages have issued 1-year target prices for Enveric Biosciences' shares. Their ENVB share price targets range from $10.00 to $10.00. On average, they predict the company's share price to reach $10.00 in the next year. This suggests a possible upside of 995.7% from the stock's current price.
View analysts price targets for ENVB
or view top-rated stocks among Wall Street analysts.

How have ENVB shares performed in 2024?

Enveric Biosciences' stock was trading at $1.30 at the start of the year. Since then, ENVB shares have decreased by 29.8% and is now trading at $0.9127.
View the best growth stocks for 2024 here
.

Are investors shorting Enveric Biosciences?

Enveric Biosciences saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 95,600 shares, a drop of 62.5% from the March 31st total of 254,900 shares. Based on an average daily volume of 4,250,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.4% of the company's shares are sold short.
View Enveric Biosciences' Short Interest
.

When is Enveric Biosciences' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our ENVB earnings forecast
.

How were Enveric Biosciences' earnings last quarter?

Enveric Biosciences, Inc. (NASDAQ:ENVB) released its earnings results on Monday, March, 25th. The company reported ($1.46) earnings per share for the quarter, topping analysts' consensus estimates of ($1.55) by $0.09.

What ETF holds Enveric Biosciences' stock?

AdvisorShares Psychedelics ETF holds 278,833 shares of ENVB stock, representing 3.43% of its portfolio.

When did Enveric Biosciences' stock split?

Enveric Biosciences shares reverse split before market open on Friday, July 15th 2022. The 1-50 reverse split was announced on Friday, July 15th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 15th 2022. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.

How do I buy shares of Enveric Biosciences?

Shares of ENVB 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:ENVB) was last updated on 4/25/2024 by MarketBeat.com Staff

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