HELP · NASDAQ · Medical - Pharmaceuticals

Helus Pharma (HELP)

Develops investigational serotonergic therapies for depression and generalized anxiety disorder.

$13.20
vs last close−0.51 (−3.72%)
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Cybin Inc. Common StockHELP
Health Care

Develops investigational serotonergic agonists for major depressive disorder and generalized anxiety disorder. Its lead programs, HLP003 and HLP004, remain in clinical development, with HLP003 in Phase 3 and HLP004 following a Phase 2 signal-detection study.

Advances HLP003, an adjunctive treatment candidate for major depressive disorder, through the Phase 3 PARADIGM program. APPROACH, EMBRACE, and the EXTEND long-term extension study form that program; HLP003 has FDA Breakthrough Therapy Designation.

Develops HLP004 for generalized anxiety disorder following a Phase 2 signal-detection study, while HLP005 remains before candidate selection. The portfolio is built around novel serotonergic agonists rather than commercial products.

Operates as Helus Pharma while Cybin Inc. remains the legal issuer. The security moved from NYSE American's CYBN to Nasdaq's HELP in 2026, and progress toward commercialization depends on study execution and regulatory approvals.

Company facts

CEOEric So
ListedJan 5, 2026
ExchangeNASDAQ
HeadquartersToronto, Ontario, Canada
CountryCanada
Employees100
CIK0001833141
ISINCA23256X4075

Market cap$849.8M
EPS (ttm)−$5.51
P/E (ttm)−2.49
ROE-71.0%
P/B3.51
P/S
Dividend yieldDiv yield
Beta2.24vs XLV 0.91

Price target$16.00+16.7%Average of 4 analysts
ConsensusBuy4 of 4 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 18, 2026BarclaysInitiate
Rating: Target:
Rating: OverweightTarget: $35
Jul 27, 2026Wells FargoInitiate
Rating: Target:
Rating: OverweightTarget: $16
Jul 14, 2026Industrial Alliance SecuritiesTarget
Target:
Target: $15
Feb 1, 2026JefferiesTarget
Target:
Target: $22

Next report
Nov 12, 26
in 50 days
EPS estimate
−$0.67
Revenue estimate
Fiscal quarter
Q2 FY27

EPSReportedEstimate

Feb '25Jul '25Aug '25Nov '25Feb '26Jun '26Aug '26Nov '26
Reported−$0.37−$1.01−$1.10−$1.39−$0.99−$0.96−$0.91Pending
Estimate−$0.73−$0.85−$0.96−$0.74−$0.53−$1.04−$0.84−$0.67
Surprise+49.5%−18.7%−14.7%−87.8%−87.3%+8.1%−8.8%

RevenueReportedEstimate

Feb '25Jul '25Aug '25Nov '25Feb '26Jun '26Aug '26Nov '26
Reported$1.3MPending
Estimate
Surprise
Estimate−$0.67
ReportedDue Nov 12, 2026
Estimate
ReportedDue Nov 12, 2026
View details

Debt to equity0.00%
Current ratio1,096.90%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$0$0$0$0$0$0$0$0
Net income−$56.9M−$10.8M−$30.6M−$24.6M−$47.0M−$42.6M−$47.0M−$46.6M
Net margin

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income−$58.0M−$32.2M−$33.3M−$24.6M−$40.3M−$41.2M−$47.9M−$47.8M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss narrowedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $166.2M · Total debt $0 · Total assets $259.3M · Shareholders' equity $241.8M

Revenue
$0
Operating income
−$47.8M
Net income
−$46.6M
View details

No dividends on record.

No ownership filings on record for this listing.

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