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ENVB · NASDAQ · Biotechnology

Enveric Biosciences (ENVB)

Develops non-hallucinogenic neuroplastogenic medicines for psychiatric and neurological disorders.

$1.38
Pre-market−0.04 (−2.47%)
At close$1.42(+3.28%)
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Enveric Biosciences, Inc.ENVBHealth Care

Develops preclinical, non-hallucinogenic neuroplastogenic small molecules for psychiatric and neurological disorders, led by EB-003. With no approved products or operating revenue, its model pairs internal drug development with out-licensing, milestones, and royalties.

Develops non-hallucinogenic neuroplastogenic small-molecule therapeutics for psychiatric and neurological disorders. Its primary internal program, EB-003 in the EVM301 Series, is a DMT derivative designed to engage serotonin receptors and promote neuroplasticity without hallucinogenic effects. The Psybrary platform combines chemistry and synthetic biology to generate, synthesize, screen, and patent psychedelic-inspired structures.

Operates from Cambridge with discovery centered in Calgary and support from academic partners, scientific advisers, CROs, and CMOs. It has no approved product or operating revenue, while its prospective model combines internal development with out-licensing, milestones, and royalties. EB-003 remains preclinical and depends on IND-enabling work, regulatory clearance, clinical trials, manufacturing, and FDA approval; related research also depends on controlled-substance licensing.

Company facts

CEOJoseph Tucker, Ph.D.
ListedDec 31, 2020
ExchangeNASDAQ
HeadquartersCambridge, MA
CountryUnited States
Employees6
CIK0000890821
ISINUS29405E5050

Market cap$859.7K
EPS (ttm)−$16.46
P/E (ttm)−0.0875
ROE-168.1%
P/B0.7103
P/S0.00
Dividend yieldDiv yield
Beta1.50vs XLV −0.43

No analyst consensus on record.

Next report
Nov 12, 2026
estimated · in 70 days
EPS estimate
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

May '25Aug '25Nov '25Mar '26May '26Aug '26Aug '26Nov '26
Reported−$1.22−$11.64−$10.81$0.85−$1.08−$0.76−$0.76Pending
Estimate−$6.00−$63.00−$63.00−$55.80
Surprise+79.7%+81.5%+82.8%+101.5%

RevenueReportedEstimate

May '25Aug '25Nov '25Mar '26May '26Aug '26Aug '26Nov '26
ReportedPending
Estimate
Surprise
Estimate
ReportedDue Nov 12, 2026
Estimate
ReportedDue Nov 12, 2026
View details

Debt to equity0.00%
Current ratio1,020.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$2.1M−$3.2M−$2.2M−$2.5M−$1.9M−$2.2M−$1.6M−$3.0M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$2.1M−$3.2M−$2.2M−$2.5M−$1.9M−$2.2M−$1.6M−$3.0M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $8.3M · Total debt $0 · Total assets $8.9M · Shareholders' equity $8.1M

Revenue
$0
Operating income
−$3.0M
Net income
−$3.0M
View details

No dividends on record.

Institutions11 holders · as of Mar 31, 20269.21%55.0K shares
Insiders8 holders · as of Dec 30, 202526.98%161.1K shares
Strategic holders1 holder · as of Aug 14, 202667.85%405.1K shares
Adds to104.04%

597.0K company shares as of Aug 31, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Two share counts disagree (4.48M in the company's Sep 3, 2026 report, 597.0K elsewhere); stakes use the report.

These groups come from separate filings that can overlap, so they add to 104.04%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Armistice Capital, LLCStrategic
67.85%405,09213Gfiled Aug 14, 2026
Joseph Edward TuckerInsiderdirector, officer: Chief Executive Officer
11.98%71,507Form 4filed Dec 30, 2025
Kevin Michael CoveneyInsiderofficer: Chief Financial Officer
7.94%47,413Form 4filed Dec 30, 2025
Geode Capital Management, LLCInstitution
5.38%32,14913Fas of Mar 31, 2026
Advisorshares Investments LLCInstitution
2.84%16,97413Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • Helus Pharma

    Broadest listed peer in serotonergic mood-disorder programs.

  • Definium Therapeutics

    Late-stage psychedelic contender in depression and anxiety.

  • Compass Pathways (ADR)

    Late-stage psilocybin contender in treatment-resistant depression.

  • AbbVie

    Well-funded MDD challenger with a Phase 2 short-acting psychedelic.

ComparePre-market

CompanyPriceChange
Enveric Biosciences$1.38−2.47%$859.7K
Helus Pharma$12.12+1.44%$740.7M
Definium Therapeutics$39.09+0.41%$5.16B
Compass Pathways (ADR)$13.21−0.11%$1.79B
AbbVie$261.07−0.24%$462.37B73.717.27.2+10.2%
Median73.717.27.2+10.2%