Overview
* Enveric Q3 net loss at $3.4 mln, EPS at -$10.81
* Completed reverse stock split to address Nasdaq bid price deficiency
Outlook
* Enveric plans to submit IND application for EB-003 in 2026
* Company aims for first-in-human trial of EB-003 in 2026
Result Drivers
* HEADQUARTERS RELOCATION - Relocated to Cambridge, MA to leverage the biotech hub for advancing EB-003
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 EPS -$10.81
Q3 Net -$3.4
Income mln
Analyst Coverage
* Wall Street's median 12-month price target for Enveric Biosciences Inc ( ENVB ) is $120.00, about 95.5% above its November 13 closing price of $5.46
Press Release:
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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.)