CybinCYBN
Market Cap: $183M
About: Cybin Inc is a biopharmaceutical company involved in creating safe and effective therapeutics for patients to address a multitude of mental health issues. The company is focused on advancing psychedelic-based therapies, delivery mechanisms, novel compounds, and protocols as potential treatments for various psychiatric and neurological conditions.
Employees: 50
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
8% less funds holding
Funds holding: 107 [Q1] → 98 (-9) [Q2]
31% less capital invested
Capital invested by funds: $130M [Q1] → $89.2M (-$41M) [Q2]
33.45% less ownership
Funds ownership: 76.77% [Q1] → 43.32% (-33.45%) [Q2]
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
HC Wainwright & Co. Patrick Trucchio 31% 1-year accuracy 40 / 127 met price target | 1,972%upside $190 | Buy Reiterated | 23 Aug 2024 |
HC Wainwright & Co. Patrick Trucchio 31% 1-year accuracy 40 / 127 met price target | 1,972%upside $190 | Buy Reiterated | 31 Jul 2024 |
Financial journalist opinion
Based on 6 articles about CYBN published over the past 30 days