<div id="readability-page-1"><p>Definium Therapeutics (NASDAQ:DFTX - Get Free Report) posted its earnings results on Thursday. The company reported ($0.71) earnings per share for the quarter, missing analysts' consensus estimates of ($0.48) by ($0.23), FiscalAI reports.</p><div><p><span></span><span>Get <strong>Definium Therapeutics</strong> alerts:</span></p></div><p>Here are the key takeaways from Definium Therapeutics' conference call:</p><ul>   <li><strong>Three pivotal DT120 ODT phase III readouts are imminent</strong> — EMERGE (MDD) top-line later this quarter, and VOYAGE and PANORAMA (both GAD) expected in early and late Q3 respectively, with Breakthrough Therapy designation for DT120 in GAD and an NDA submission planned subject to positive data.</li>   <li>All pivotal trials are near complete (EMERGE 149 enrolled; VOYAGE 214; PANORAMA &gt;200) and were powered around a 5‑point placebo‑adjusted difference (VOYAGE/PANORAMA &gt;99% power; EMERGE 80% with ~3‑point significance threshold), which management says targets clinically meaningful and durable single‑dose effects.</li>   <li>Each study includes a Part B with up to one year of follow‑up and up to four open‑label retreatments triggered at moderate symptoms, intended to characterize retreatment patterns, durability, and longer‑term safety for potential labeling discussions.</li>   <li>The company ended Q1 with <strong>$373.4 million</strong> in cash and investments, which management believes provides runway to fund planned operations through multiple pivotal readouts and into 2028.</li>   <li>Near‑term spend ramped materially — Q1 R&amp;D rose to $41.5M and G&amp;A to $17.7M versus prior year — contributing to a wider net loss of $77.1M, with a $20M quarterly impact from warrant fair‑value movement, indicating higher cash burn and elevated execution costs ahead.</li> </ul><h2>Definium Therapeutics Stock Performance</h2><p>NASDAQ DFTX traded down $1.15 during trading hours on Friday, reaching $22.05. 2,203,452 shares of the company were exchanged, compared to its average volume of 1,963,772. Definium Therapeutics has a 1 year low of $6.03 and a 1 year high of $26.25. The business's 50 day simple moving average is $19.98 and its 200-day simple moving average is $16.05. The company has a quick ratio of 6.29, a current ratio of 6.29 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $2.20 billion, a P/E ratio of -8.86 and a beta of 2.37. </p><h2>Analyst Ratings Changes</h2><p>A number of research firms have weighed in on DFTX. HC Wainwright boosted their target price on shares of Definium Therapeutics from $55.00 to $70.00 and gave the stock a &#34;buy&#34; rating in a report on Monday, March 2nd. Oppenheimer  reissued an &#34;outperform&#34; rating and set a $40.00 target price on shares of Definium Therapeutics in a report on Thursday, April 23rd. Royal Bank Of Canada boosted their price target on shares of Definium Therapeutics from $20.00 to $36.00 and gave the stock an &#34;outperform&#34; rating in a research report on Friday, January 23rd. Canaccord Genuity Group  set a $38.00 price target on shares of Definium Therapeutics and gave the stock a &#34;buy&#34; rating in a research report on Thursday, April 16th. Finally, Weiss Ratings  restated a &#34;sell (d-)&#34; rating on shares of Definium Therapeutics in a research report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one  has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of &#34;Buy&#34; and a consensus target price of $37.92.</p><p><b>Read Our Latest Report on DFTX</b></p><h2>Hedge Funds Weigh In On Definium Therapeutics</h2><p>Hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. raised its stake in  Definium Therapeutics by 110.4% in the second quarter. Russell Investments Group Ltd. now owns 3,817 shares of the company's stock valued at $25,000 after purchasing an additional 2,003 shares in the last quarter.  BNP Paribas Financial Markets raised its holdings in  Definium Therapeutics by 56.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 8,417 shares of the company's stock valued at $55,000 after buying an additional 3,020 shares during the last quarter.  Caxton Associates LLP bought a new stake in  Definium Therapeutics in the 3rd quarter worth $126,000.  Mercer Global Advisors Inc. ADV grew its holdings in  Definium Therapeutics by 10.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 21,931 shares of the company's stock worth $259,000 after acquiring an additional 2,079 shares during the last quarter.  Finally, Scientech Research LLC bought a new stake in  Definium Therapeutics in the 3rd quarter worth $286,000. Hedge funds and other institutional investors own  27.91% of the company's stock. </p><h2>About Definium Therapeutics</h2> (Get Free Report)<p>Definium Therapeutics, Inc, a clinical stage biopharmaceutical company, develops novel products to treat brain health disorders. The company's lead product candidates include MM120, which is in phase 3 for the treatment of generalized anxiety disorder and attention deficit hyperactivity disorder; and DT402, a R-enantiomer of 3,4-methylenedioxymethamphetamine, which is in phase 2a clinical trials for the treatment of core symptoms of autism spectrum disorder. The company was formerly known as Mind Medicine (MindMed) Inc and changed its name to Definium Therapeutics, Inc in January 2026.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Definium Therapeutics</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9REZUWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9REZUWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Definium Therapeutics Right Now?</h2><p>Before you consider Definium Therapeutics, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Definium Therapeutics wasn't on the list.</p><p>While Definium Therapeutics currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

DFTX

<p>Definium Therapeutics (NASDAQ:DFTX) reported Q1 earnings of ($0.71) EPS, missing estimates of ($0.48) by ($0.23). The company has three pivotal DT120 ODT phase III trials nearing completion, with significant cash reserves of $373.4 million to fund operations through 2028. The stock traded down to $22.05, with a market cap of $2.20 billion. Analyst ratings vary, with target prices ranging from $20 to $70. Hedge funds have increased their stakes in the company, which focuses on developing treatments for brain health disorders.</p>

Definium Therapeutics (NASDAQ:DFTX) Issues Earnings Results