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MPLT

MapLight Therapeuticsdistress 2/10 · well-funded / low risk
$35.40+0%today-11% from 52w high
maplightrx.com133 employeesFounded 2018Redwood City, CABiotechnology
Psychiatry / CNS 1
Lead: schizophrenia · target Muscarinic · est. market ~$8B (approx, global)
Revenue
pre-revenue
Liquidity
$395M
Runway
2.7 yrs
Shares 1y
-6%

Price & events

+90.5% over 6M
$15.70$27.75$39.80Jan 26Apr 26Jul 261.7Mcatalyst: PHASE2 ML-007C-MA (2026-04-30) — click to opencatalyst: PHASE2 ML-004 (IR)/(ER) tablet, ML-004 Placebo (2026-03-10) — click to openrating: BMO Capital: Outperform (2026-07-21)rating: UBS: Buy (2026-07-21)rating: Needham: Buy (2026-07-10)rating: Raymond James: Strong Buy (2026-06-25)rating: Craig-Hallum: Buy (2026-06-23)rating: Needham: Buy (2026-06-22)rating: Stifel: Buy (2026-06-02)rating: HC Wainwright & Co.: Buy (2026-05-28)
CatalystRating changeDilutionFinancingdashed = today
+0.3%
1D
-4.9%
1W
+23.6%
1M
+21.6%
3M
+96.9%
6M
1Y
2Y
5Y
+93.0%
All

Overview

Market Cap
$1.50B
Volume
9.54K
52 Week Range
$12.81 – $39.80
Total Shares
42.44M
Float Shares
13.32M
Short %
11.72%
% Held by Insiders
51.16%
% Held by Institutions
56.01%
RVOL
0.02x

Pipeline stages · 2 programs

ML-007C-MA
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2026-08
ML-004 (IR)/(ER) tablet
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-11

Pipeline · 6 trials · 5 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2026-08
Estimated 50%
readout ~2026-09-15
final ~2027-02-28
Phase 2ML-007C-MA BID, ML-007C-MA QDfast trackSchizophrenia307active not recruiting
2027-11
Estimated 50%
readout ~2027-12-16
Phase 2ML-004 (IR)/(ER) tabletAutism Spectrum Disorderenrolling by invitation
2027-12
Estimated 50%
readout ~2028-01-15
Phase 2ML-007C-MAfast trackPsychosis Associated With Alzheimer's Diseaserecruiting
2029-03
Estimated 50%
readout ~2029-04-15
Phase 2ML-007C-MAfast trackPsychosis Associated With Alzheimer's Diseaserecruiting
2030-02
Estimated 50%
readout ~2030-03-18
Phase 2ML-007C-MAfast trackSchizophreniarecruiting
Show all 6 trials · 1 more ▾
ReadoutPhaseDrugIndicationEnrollStatus
2026-03-10
Phase 2ML-004 (IR)/(ER) tablet, ML-004 PlaceboAutism Spectrum Disorder168completed

Upcoming readouts & decisions · our signals

2 upcoming events have our read — the sell-the-news timing call plus an experimental clinical estimate. Go Pro to see them.

Catalyst news & presentations · 8

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 42,436,326 · 3 offerings/1y · 1 PIPEs
  • 2025-10-298-Kprivate_placement
  • 2025-10-27FWPoffering
  • 2025-10-27424B3offering
  • 2025-10-06S-1/Ashelf_registration
  • 2025-10-06FWPoffering
  • 2025-09-19S-1shelf_registration
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
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🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

strong buy · target $42 (+17% upside) · 12 analysts
  • 2026-07-21BMO CapitalOutperform
  • 2026-07-21UBSBuy
  • 2026-07-10NeedhamBuy
  • 2026-06-25Raymond JamesStrong Buy
  • 2026-06-23Craig-HallumBuy
  • 2026-06-22NeedhamBuy

Competitors — Muscarinic

  • none identified

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.