--- title: "Cybin (NASDAQ:HELP) Stock Price Up 6.1% on Analyst Upgrade" type: "News" locale: "en" url: "https://longbridge.com/en/news/296514365.md" description: "Cybin (NASDAQ:HELP) shares rose 6.1% after TD Cowen upgraded its price target from $8 to $62, maintaining a buy rating. Wells Fargo also initiated coverage with an overweight rating and $16 target. Institutional investors including Osaic Holdings, Bank of America, and Millennium Management increased their holdings in the second and fourth quarters. Cybin recently reported quarterly EPS of ($0.91), missing estimates." datetime: "2026-08-20T15:40:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296514365.md) - [en](https://longbridge.com/en/news/296514365.md) - [zh-HK](https://longbridge.com/zh-HK/news/296514365.md) generator: "portal-rs" --- # Cybin (NASDAQ:HELP) Stock Price Up 6.1% on Analyst Upgrade Cybin Inc. (NASDAQ:HELP - Get Free Report)'s share price shot up 6.1% on Thursday after TD Cowen raised their price target on the stock from $8.00 to $62.00. TD Cowen currently has a buy rating on the stock. Cybin traded as high as $12.50 and last traded at $12.5040. Approximately 455,491 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 1,156,791 shares. The stock had previously closed at $11.78. - Magic Mushrooms, Hard Cash: Compass Pathways’ Trial Win, Fast Raise Separately, Wells Fargo & Company started coverage on Cybin in a research note on Monday, July 27th. They set an "overweight" rating and a $16.00 price target for the company. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $48.60. **View Our Latest Report on Cybin** ## Hedge Funds Weigh In On Cybin A number of institutional investors have recently modified their holdings of HELP. Osaic Holdings Inc. boosted its holdings in shares of Cybin by 46.7% in the second quarter. Osaic Holdings Inc. now owns 7,543 shares of the company's stock valued at $63,000 after purchasing an additional 2,400 shares during the period. Bank of America Corp DE increased its holdings in Cybin by 66.8% during the 2nd quarter. Bank of America Corp DE now owns 29,443 shares of the company's stock worth $247,000 after purchasing an additional 11,790 shares during the period. Finally, Millennium Management LLC increased its holdings in Cybin by 1,388.5% during the 4th quarter. Millennium Management LLC now owns 1,028,549 shares of the company's stock worth $8,414,000 after purchasing an additional 959,448 shares during the period. 17.94% of the stock is owned by hedge funds and other institutional investors. ## Cybin Trading Up 6.1% The firm has a market capitalization of $913.40 million, a P/E ratio of -3.90 and a beta of 0.55. The stock has a 50-day simple moving average of $7.49 and a two-hundred day simple moving average of $6.16. Cybin (NASDAQ:HELP - Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.91) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.80) by ($0.11). As a group, research analysts expect that Cybin Inc. will post -3.17 EPS for the current year. ## About Cybin (Get Free Report) Cybin Inc is a clinical-stage biopharmaceutical company focused on the development of psychedelic-based therapeutics for the treatment of mental health disorders. Headquartered in Toronto and listed on the NASDAQ under the symbol HELP, Cybin pursues research and development programs intended to harness the therapeutic potential of psychedelic compounds to address conditions with significant unmet need. The company operates a drug discovery and development platform aimed at creating novel small-molecule psychedelic analogs and tailored formulations. ## Featured Stories - Five stocks we like better than Cybin - Viking Stock Fell After Earnings, But the Numbers Tell a Different Story - 3 Ways to Invest in Cybersecurity Through ETFs - TJX Companies Stock Drop Sets Up Buy Signal as Analysts Stay Bullish - Nasdaq’s 23-Hour Trading Push Could Turn Global Liquidity Into a Growth Engine *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.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Cybin Right Now? Before you consider Cybin, you'll want to hear this. 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 Cybin wasn't on the list. While Cybin currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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