HYFT · NASDAQ · Biotechnology

MindWalk (HYFT)

Combines biological context, AI software, and wet-lab research for drug discovery.

$1.36
At close+0.06 (+4.62%)
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MindWalk Holdings Corp.HYFTHealth Care

Combines its HYFT biological representation, LensAI software, ReefIQ data layer, and wet-lab capabilities for AI-enabled discovery. LensAI is used in contracted, recurring arrangements, while the platform links client discovery data to AI-reasoning workflows.

Builds AI-enabled discovery infrastructure that combines its HYFT biological representation, LensAI software, ReefIQ data layer, and wet-lab capabilities. LensAI is used in contracted, recurring arrangements, and ReefIQ is described as the biological-context layer between client discovery data and AI-reasoning workflows.

The 2025 rebrand unified the former ImmunoPrecise Antibodies business with BioStrand and Talem under one brand. After divesting its Netherlands operation, the organization concentrated resources on BioNative AI and selected wet-lab programs, connecting multi-omics data, laboratory research, and AI workflows as a single platform. This connects software with laboratory execution.

Company facts

CEODr. Jennifer Bath
ListedJan 7, 2002
ExchangeNASDAQ
HeadquartersAustin, TX
CountryCanada
Employees76
CIK0001715925
ISINCA6026871054

Market cap$62.7M
EPS (ttm)−$0.2206
P/E (ttm)−6.07
ROE-90.6%
P/B7.35
P/S5.61
Dividend yieldDiv yield
Beta3.08vs XLV 0.20

Price target$5.00+273.1%Avg of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionTarget
May 20, 2026H.C. WainwrightTarget$5

Next report
Sep 21, 2026
estimated · in 18 days
EPS estimate
−$0.05
Revenue estimate
$3.2M
Fiscal quarter
Q1 FY27

EPSReportedEstimate

Dec '24Mar '25Jul '25Sep '25Dec '25Mar '26Jul '26Sep '26
Reported−$0.09−$0.06−$0.04−$0.07−$0.05−$0.06−$0.06Pending
Estimate−$0.09−$0.06−$0.02−$0.04−$0.04−$0.04−$0.05−$0.05
Surprise0.0%0.0%−100.0%−75.0%−40.2%−50.0%−12.8%

RevenueReportedEstimate

Dec '24Mar '25Jul '25Sep '25Dec '25Mar '26Jul '26Sep '26
Reported$4.4M$4.2M$5.1M$2.3M$3.0M$3.1M$3.0MPending
Estimate$7.0M$7.9M$6.4M$7.3M$3.3M$3.4M$3.2M$3.2M
Surprise−36.9%−47.1%−21.0%−68.4%−11.0%−9.8%−6.8%
Estimate−$0.05
ReportedDue Sep 21, 2026
Estimate$3.2M
ReportedDue Sep 21, 2026
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Debt to equity30.00%
Current ratio280.20%

ProfitabilityRevenueNet incomeNet margin

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue$1.8M$1.9M$4.5M$5.1M$2.3M$3.0M$3.0M$3.0M
Net income−$2.9M−$1.8M−$15.6M−$1.6M−$2.1M−$2.3M−$2.8M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Operating income−$3.4M−$2.9M−$2.4M−$1.1M−$3.0M−$2.0M−$2.6M−$3.1M
YoY growth

Balance sheet, Apr 30, 2026Cash & short-term investments $8.2M · Total debt $2.5M · Total assets $15.5M · Shareholders' equity $8.5M

Revenue
$3.0M
Operating income
−$3.1M
Net income

Reported in CAD, converted at the latest exchange rate

View details

No dividends on record.

Institutions28 holders · as of Mar 31, 20269.68%4.52M ADS
Otherremainder90.32%42.19M ADS

46.71M ADS as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Ingalls & Snyder LLCInstitution
6.22%2.91M ADS13Fas of Mar 31, 2026
Susquehanna International Group, LLPInstitution
1.14%534,016 ADS13Fas of Mar 31, 2026
Renaissance Technologies LLCInstitution
0.50%232,480 ADS13Fas of Mar 31, 2026
XTX Topco LtdInstitution
0.37%172,547 ADS13Fas of Mar 31, 2026
Citadel Advisors LLCInstitution
0.32%147,907 ADS13Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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Compare

CompanyPriceChange
MindWalk$1.36+4.62%$62.7M5.6−40.1%
Twist Bioscience$130.01−0.76%$8.16B18.9+23.3%
Absci$8.83+0.29%$1.49B955.0−49.4%
Recursion Pharmaceuticals$3.38+0.15%$1.77B32.3−61.8%
Schrödinger$20.72−0.77%$1.56B6.0+7.5%
Median25.6−20.9%