BioXcel Therapeutics, Inc. (BTAI)

NASDAQ: BTAI · Real-Time Price · USD
1.060
-0.030 (-2.75%)
At close: Apr 28, 2026, 4:00 PM EDT
1.051
-0.009 (-0.81%)
After-hours: Apr 28, 2026, 7:56 PM EDT
-2.75%
Market Cap 28.70M
Revenue (ttm) 642,000
Net Income (ttm) -69.90M
Shares Out 27.07M
EPS (ttm) -5.73
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 491,272
Open 1.100
Previous Close 1.090
Day's Range 1.050 - 1.100
52-Week Range 1.010 - 8.080
Beta 0.30
Analysts Strong Buy
Price Target 23.00 (+2,069.81%)
Earnings Date May 8, 2026

About BTAI

BioXcel Therapeutics, Inc., together with its subsidiary, OnkosXcel Therapeutics LLC, operates as a biopharmaceutical company that utilizes artificial intelligence approaches to develop medicines in neuroscience and immuno-oncology in the United States. The company IGALMI, a sublingual film for the acute treatment of agitation associated with schizophrenia or bipolar I or II disorder in adults. It also develops its neuroscience candidate, BXCL501, which is an investigational, proprietary, orally dissolving film formulation of dexmedetomidine in... [Read more]

Sector Healthcare
IPO Date Mar 8, 2018
Employees 29
Stock Exchange NASDAQ
Ticker Symbol BTAI
Full Company Profile

Financial Performance

In 2025, BioXcel Therapeutics's revenue was $642,000, a decrease of -71.67% compared to the previous year's $2.27 million. Losses were -$69.90 million, 17.3% more than in 2024.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for BTAI stock is "Strong Buy." The 12-month stock price target is $23.0, which is an increase of 2,069.81% from the latest price.

Price Target
$23.0
(2,069.81% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

BioXcel Therapeutics Transcript: Investor update

IGALMI is poised for a major market expansion as the first FDA-approved at-home treatment for acute agitation in bipolar and schizophrenia, with strong support from physicians, patients, and payers. Launch preparations target a Q1 2027 rollout, with ongoing efforts to secure payer access, educate prescribers, and explore partnerships.

5 days ago - Transcripts

BioXcel Therapeutics Announces Virtual Event to Discuss Commercial Launch Plan Based on Market Opportunity Assessment for IGALMI® in the At-Home Setting

Live event to be held on Thursday, April 23, at 2:00 p.m. ET  Company focused on advancing launch strategy ahead of November 14 PDUFA target action date NEW HAVEN, Conn.

11 days ago - GlobeNewsWire

Did BioXcel Therapeutics, Inc. Insiders Breach their Fiduciary Duties to Shareholders?

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible...

19 days ago - PRNewsWire

BioXcel Therapeutics Announces Enrollment of First Patients in U.S. Department of War-Funded Study of BXCL501 (Sublingual Dexmedetomidine) for Treatment of Acute Stress Reactions

DoW-funded Phase 2a trial led by University of North Carolina at Chapel Hill (UNC) Institute for Trauma Recovery  Positive outcomes from trial can potentially impact Veteran Affairs/Department of War ...

20 days ago - GlobeNewsWire

BioXcel Therapeutics Announces Food & Drug Administration Acceptance of Supplemental New Drug Application for Use of IGALMI® in the At-Home Setting

PDUFA target action date of November 14, 2026 Potential first FDA-approved treatment option for the acute treatment of agitation associated with bipolar disorders or schizophrenia in the at-home (outp...

27 days ago - GlobeNewsWire

BioXcel Therapeutics Reports Fourth Quarter and Full-Year 2025 Financial Results as Company Prepares for Potential IGALMI® Approval in Outpatient Setting

sNDA submitted seeking approval of IGALMI® in the at-home (outpatient) setting for the treatment of acute agitation associated with bipolar disorders or schizophrenia

4 weeks ago - GlobeNewsWire

BioXcel Therapeutics Announces Closing of $8.0 Million Registered Direct Offering

NEW HAVEN, Conn., March 11, 2026 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (the “Company”) (Nasdaq: BTAI), a biopharmaceutical company built on artificial intelligence to develop transformative m...

6 weeks ago - GlobeNewsWire

BioXcel Therapeutics Announces Approximately $8.0 Million Registered Direct Offering

NEW HAVEN, Conn., March 10, 2026 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (the “Company”) (Nasdaq: BTAI), a biopharmaceutical company built on artificial intelligence to develop transformative m...

7 weeks ago - GlobeNewsWire

Why Are BioXcel Therapeutics Shares Down Friday?

BioXcel Therapeutics Inc. (NASDAQ: BTAI) shares are down on Friday.

7 weeks ago - Benzinga

BioXcel Therapeutics Stock Rallies Opioid Study Success

BioXcel Therapeutics Inc. (NASDAQ: BTAI) shares are up during Thursday's premarket session following positive topline results from a Phase 2 study evaluating BXCL501 for treating opioid withdrawal sym...

7 weeks ago - Benzinga

BioXcel Therapeutics Announces Positive Phase 2 Topline Results from Columbia University-Led Study of BXCL501 for Treatment of Opioid Withdrawal

BXCL501 demonstrated clinical benefits and favorable tolerability profile for treatment of opioid withdrawal symptoms   Results from this NIDA-funded study support potential future development of BXCL...

7 weeks ago - GlobeNewsWire

BioXcel Therapeutics Transcript: Status update

Acute agitation in Alzheimer's dementia is a major unmet need, with current treatments relying on off-label sedatives that pose safety risks. BXCL501, a dexmedetomidine oral film, demonstrated rapid, well-tolerated efficacy in phase III trials and could significantly reduce caregiver burden and emergency visits.

2 months ago - Transcripts

BioXcel Therapeutics to Host Virtual Roundtable Featuring Leading Medical Experts Addressing Latest Developments in Treatment of Acute Agitation in Alzheimer's Dementia

Discussion will focus on the high unmet need and the lack of FDA-approved treatment options associated with acute agitation episodes in Alzheimer's dementia Large patient population affected by Alzhei...

2 months ago - GlobeNewsWire

BioXcel Therapeutics Submits Supplemental New Drug Application to U.S. Food and Drug Administration for IGALMI® Label Expansion in the At-Home Setting

sNDA submission supports the acute treatment of agitation associated with bipolar disorders or schizophrenia in the at-home (outpatient) setting with IGALMI ® Submission timeline supports potential ap...

3 months ago - GlobeNewsWire

Halper Sadeh LLC Encourages BioXcel Therapeutics, Inc. Shareholders to Contact the Firm to Discuss Their Rights

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of BioXcel Therapeutics, Inc. (NASDAQ: BTAI) breached their fiduciary ...

3 months ago - Business Wire

BioXcel Therapeutics Expands Leadership Team to Prepare for Launch of IGALMI® in the At-Home Setting

Mark Pavao to Join BioXcel Therapeutics as Interim Chief Commercial Officer Mr. Pavao Brings Deep Experience in Neuroscience Sales and Marketing to Support Potential Launch of IGALMI® in At-Home Setti...

3 months ago - GlobeNewsWire

BioXcel Therapeutics Planning to Submit sNDA This Month Seeking FDA Approval for At-Home Use of IGALMI®

NEW HAVEN, Conn., Jan. 07, 2026 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (Nasdaq: BTAI), a biopharmaceutical company built on artificial intelligence (“AI”) to develop transformative medicines i...

3 months ago - GlobeNewsWire

BioXcel Therapeutics Transcript: AGM 2025

The meeting covered director elections, auditor ratification, executive compensation, and a precautionary reverse stock split proposal. All proposals passed, and questions addressed share sales and drug approval details. Final vote results will be published in a Form 8-K.

4 months ago - Transcripts

Award-Winning Journalist Anjalee Khemlani to Host Virtual Roundtable with Leading Medical Experts to Discuss Latest Developments in Treating Acute Agitation Related to Neuropsychiatric Conditions

Event Sponsored by BioXcel Therapeutics Set for 10 a.m. EST on Monday, Dec. 8 Topics Covered by Drs.

5 months ago - GlobeNewsWire

BioXcel Therapeutics Reports Third Quarter 2025 Financial Results and Provides Update on Late-Stage Clinical Programs for Agitation in Bipolar, Schizophrenia, and Alzheimer's Disease

NEW HAVEN, Conn., Nov. 12, 2025 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (Nasdaq: BTAI), a biopharmaceutical company utilizing artificial intelligence to develop transformative medicines in neur...

5 months ago - GlobeNewsWire

BioXcel Therapeutics Announces Positive Results from Correlation Study Supporting SERENITY At-Home Exploratory Efficacy Outcomes

NEW HAVEN, Conn., Oct. 14, 2025 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (Nasdaq: BTAI), a biopharmaceutical company utilizing artificial intelligence to develop transformative medicines in neur...

7 months ago - GlobeNewsWire

BioXcel Therapeutics to Ring Nasdaq Closing Bell on October 14 to Celebrate a Transformative Milestone in Neuroscience Innovation

NEW HAVEN, Conn., Oct. 13, 2025 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (Nasdaq: BTAI), a biopharmaceutical company pioneering the use of artificial intelligence to develop transformative medic...

7 months ago - GlobeNewsWire

BioXcel Therapeutics Regains Compliance with Nasdaq Market Value of Listed Securities Requirements

NEW HAVEN, Conn., Sept. 18, 2025 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (Nasdaq: BTAI), a biopharmaceutical company utilizing artificial intelligence to develop transformative medicines in neu...

7 months ago - GlobeNewsWire

BioXcel Drug Calms Agitation At Home For Schizophrenia, Bipolar Patients

BioXcel Therapeutics, Inc. BTAI on Wednesday released topline exploratory efficacy data from the SERENITY At-Home Pivotal Phase 3 safety trial, which demonstrated that BXCL501 had continued effects an...

8 months ago - Benzinga

BioXcel Therapeutics Transcript: Study Result

The SERENITY At-Home Phase III trial showed that dexmedetomidine sublingual film is safe, well-tolerated, and effective for self-administered treatment of acute agitation in patients with schizophrenia or bipolar disorder at home. Efficacy and safety were maintained with repeated use, supporting a planned supplemental NDA submission in 2026.

8 months ago - Transcripts