Overview
Ovid Therapeutics Q3 revenue slightly beats analyst expectations
Meg Alexander appointed CEO, effective January 2026
Outlook
Ovid plans Phase 2a trial for OV329 in Q2 2026
Company expects OV350 data in Q4 2025
Ovid anticipates OV4071 clinical trial start in Q2 2026
Result Drivers
Research and development expenses were $5.9 million for the third quarter ended September 30, 2025, compared to $7.9 million for the same period in 2024
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Slight Beat* | $132,000 | $131,430 (7 Analysts) |
Q3 EPS | -$0.17 | ||
Q3 Net Income | -$12.16 mln | ||
Q3 Operating Expenses | $12.66 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy."
Wall Street's median 12-month price target for Ovid Therapeutics Inc is $4.50, about 70% above its November 11 closing price of $1.35
Press Release: ID:nGNX3mxvZJ
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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