Neumora Therapeutics (NMRA)
Develops precision medicines for brain diseases using neuroscience and data science.
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Develops clinical-stage precision-medicine programs for neuropsychiatric and neurodegenerative brain diseases. Its approach combines translational, clinical, and computational tools with neuroscience drug development.
Builds clinical-stage programs for neuropsychiatric and neurodegenerative brain diseases using translational, clinical, and computational tools. Its portfolio draws on internal research, acquired private companies, and Amgen license agreements.
Founded in 2019 and launched publicly as Neumora in 2021, it combines data science and neuroscience to generate precision-medicine insights. Its development model depends on clinical-trial outcomes; the company discontinued navacaprant after the KOASTAL program did not meet primary or key secondary endpoints.
In 2020, it assembled portions of its initial research and drug-candidate base through acquisitions. Listed on Nasdaq since 2023, it has its principal executive office in Watertown, Massachusetts.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 13, 2026 | RBC Capital | Reiterate | Rating: —Target: $7 | Target: $5 |
| Jun 18, 2026 | Mizuho Securities | Target | Target: $6 | Target: $4 |
| Feb 17, 2026 | William Blair | Upgrade | ||
| Jan 12, 2026 | Leerink Partners | Target | Target: — | Target: $8 |
| Jan 5, 2026 | Mizuho Securities | Target | Target: $20 | Target: $6 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $116.8M · Total debt $340.0K · Total assets $125.2M · Shareholders' equity $44.5M
- Revenue
- $0
- Operating income
- −$42.2M
- Net income
- −$43.1M
No dividends on record.
| Institutions | ≈ 40.84% | 76.73M shares | |
|---|---|---|---|
| 123 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 4.71% | 8.86M shares | |
| 7 holders · as of Aug 21, 2026 | |||
| Strategic holders | 18.82% | 35.37M shares | |
| 1 holder · as of Sep 27, 2023 | |||
| Other | ≈ 35.63% | 66.94M shares | |
| remainder | |||
187.90M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Amgen IncStrategic10 percent owner | 18.82% | 35.37M | filed Sep 27, 2023 |
Siren, L.L.C.Institution | 4.52% | 8.50M | as of Jun 30, 2026 |
Paul L. Berns1Insiderdirector, officer: See Remarks | 4.37% | 8.23M | filed Feb 19, 2026 |
BlackRock, Inc.Institution | 4.15% | 7.79M | as of Jun 30, 2026 |
SoftBank Group Corp.Institution | 3.24% | 6.09M | as of Jun 30, 2026 |
- Paul L. Berns's transaction reports restate only vehicles that traded; the 2025 ownership statement (8.23M) less the 23.7K net shares sold since is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 21, 2026 | Daljit Singh Aurora | officer: See Remarks | −41,608 | $1.60 |
| Aug 20, 2026 | Daljit Singh Aurora | officer: See Remarks | −134,452 | $1.51 |
| Aug 19, 2026 | Daljit Singh Aurora | officer: See Remarks | −61,918 | $1.65 |
| Aug 18, 2026 | Daljit Singh Aurora | officer: See Remarks | −69,149 | $1.59 |
| Aug 17, 2026 | Daljit Singh Aurora | officer: See Remarks | −146,706 | $1.50 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Neumora Therapeutics | $0.7300 | −6.23% | $144.2M | — | — | — | — |
| Bristol-Myers Squibb | $61.16 | −1.75% | $127.16B | 13.7 | 9.6 | 2.6 | +5.7% |
| Eli Lilly | $1,156.50 | −1.17% | $1.10T | 39.3 | 28.3 | 13.8 | +47.7% |
| AbbVie | $264.91 | −0.11% | $468.77B | 74.8 | 17.4 | 7.3 | +10.2% |
| Median | 39.3 | 17.4 | 7.3 | +10.2% |





