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MNKD

BEARISH
$2.74 Live
MannKind Corporation · NASDAQ
Target $7.39 (+169.7%)
$2.23 52W Range $6.51

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 15, 2026
Market cap
$846.1M
P/E
137.0
ROE
N/A
Profit margin
1.7%
Debt/Equity
N/A
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
85%
MannKind Corporation presents a high-risk profile characterized by a Piotroski F-Score of 4/9, indicating only stable financial health. There is a severe disconnect between the current market price of $2.74 and the growth-based intrinsic value of $0.14, suggesting the stock is trading at a massive premium. While revenue growth is impressive at 45.8%, the company suffers from negative shareholders' equity (P/B of -16.51) and consistent earnings misses. Bearish insider activity and a 0/100 technical trend further undermine the optimistic analyst target prices.

Key Strengths

Strong revenue growth of 45.8% YoY
High gross margins at 74.79%
Strong analyst consensus (Strong Buy) with a high target price of $7.39
Acceptable liquidity with a current ratio of 1.71
Significant improvement in forward P/E (12.04) compared to trailing P/E (137.00)

Key Risks

Negative book value (Price/Book: -16.51) indicating negative equity
Severe overvaluation relative to intrinsic value ($2.74 vs $0.14)
Poor earnings track record with an average surprise of -129.47% over the last 4 quarters
Negative operating margins (-6.87%) despite high revenue growth
Strong bearish technical trend and negative price momentum (1Y Change: -40.8%)
AI Fair Value Estimate
Based on comprehensive analysis
$0.14
-94.9% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
28
Weak
Value
15
Future
65
Past
20
Health
40
Dividend
0
AI Verdict
Speculative / High Risk
Key drivers: Negative Equity, Intrinsic Value Gap, Revenue Growth, Insider Selling
Confidence
90%
Value
15/100

Ref P/E, PEG, Graham Number

Positives
  • Low forward P/E
Watchpoints
  • Trailing P/E of 137
  • Negative P/B ratio
  • Price far exceeds intrinsic value
Future
65/100

Ref Growth rates

Positives
  • 45.8% YoY Revenue growth
  • Strong analyst price targets
Watchpoints
  • Inconsistent earnings delivery
  • Negative operating margins
Past
20/100

Ref Historical trends

Positives
  • Recent 1-week recovery (+6.6%)
Watchpoints
  • 1-year return of -40.8%
  • Consistent earnings misses
Health
40/100

Ref Altman Z-Score, Piotroski F-Score

Positives
  • Piotroski F-Score of 4 (Stable)
  • Current ratio > 1.5
Watchpoints
  • Negative shareholders' equity
  • Lack of Altman Z-Score data
Dividend
0/100

Ref Yield, Payout

Positives
No standout positives identified.
Watchpoints
  • No dividend paid
  • 0/100 dividend strength

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$2.74
Analyst Target
$7.39
Upside/Downside
+169.7%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for MNKD and closest competitors.

Updated 2026-04-14
MNK
MannKind Corporation
Primary
5Y
-36.3%
3Y
-32.0%
1Y
-40.8%
6M
-46.3%
1M
-1.1%
1W
+6.6%
AMP
Amphastar Pharmaceuticals, Inc.
Peer
5Y
-5.1%
3Y
-51.1%
1Y
-30.7%
6M
-35.2%
1M
-36.4%
1W
-6.0%
INM
InMode Ltd.
Peer
5Y
-67.3%
3Y
-61.5%
1Y
-4.0%
6M
-11.4%
1M
+3.0%
1W
-1.9%
ABU
Arbutus Biopharma Corporation
Peer
5Y
+34.8%
3Y
+48.0%
1Y
+34.4%
6M
+0.9%
1M
+3.2%
1W
+6.6%
FTR
Fortrea Holdings Inc.
Peer
5Y
-68.8%
3Y
-68.8%
1Y
+45.4%
6M
-12.7%
1M
+4.8%
1W
-0.7%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
137.0
Forward P/E
12.04
PEG Ratio
N/A
P/B Ratio
-16.51
P/S Ratio
2.42
EV/Revenue
3.28
EV/EBITDA
19.44
Market Cap
$846.1M

Profitability

Profit margins and return metrics

Profit Margin 1.68%
Operating Margin -6.87%
Gross Margin 74.79%
ROE N/A
ROA 4.91%

Growth

Revenue and earnings growth rates

Revenue Growth +45.8%
Earnings Growth N/A
Q/Q Revenue Growth +45.82%
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
N/A
Current Ratio
1.71
Good
Quick Ratio
1.41
Good
Cash/Share
$0.56

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.1B
Gross Margin
73.5%
Op. Margin
-6.9%
Net Margin
-14.2%
Total Assets
$0.8B
Liabilities
$0.8B
Equity
$-0.1B
Debt/Equity
-16.53x
Operating CF
$-0.0B
CapEx
$-0.0B
Free Cash Flow
$-0.0B
FCF Yield
125%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-05-07
$N/A
2026-02-26
$-0.05
-463.6% surprise
2025-11-05
$0.07
+110.0% surprise
2025-08-06
$0.05
-34.8% surprise

Healthcare Sector Comparison

Comparing MNKD against 393 companies in the Healthcare sector (24 bullish, 129 neutral, 240 bearish)
P/E Ratio
137.0
This Stock
vs
90.61
Sector Avg
+51.2% (Expensive)
Profit Margin
1.68%
This Stock
vs
-12.47%
Sector Avg
-113.5% (Weaker)
Revenue Growth
45.8%
This Stock
vs
124.21%
Sector Avg
-63.1% (Slower)
Current Ratio
1.71
This Stock
vs
4.56
Sector Avg
-62.6% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

CASTAGNA MICHAEL E
Chief Executive Officer
Buy
2026-03-10
100,000 shares · $259,000
SHANNON JAMES SAMUEL
Director
Stock Award
2026-02-27
12,000 shares · $39,240
TROSS STUART A
Officer
Stock Award
2026-02-27
15,290 shares · $49,998
HOOPER ANTHONY C
Director
Stock Award
2026-02-27
35,000 shares · $114,450
CASTAGNA MICHAEL E
Chief Executive Officer
Stock Award
2026-02-27
15,290 shares · $49,998
PRENTISS CHRISTOPHER B.
Chief Financial Officer
Stock Award
2026-02-27
5,000 shares · $16,350
TROSS STUART A
Officer
Sell
2026-01-08
47,006 shares · $297,548
CASTAGNA MICHAEL E
Chief Executive Officer
Gift
2025-12-24
44,171 shares
CASTAGNA MICHAEL E
Chief Executive Officer
Sell
2025-12-17
65,804 shares · $395,482
CASTAGNA MICHAEL E
Chief Executive Officer
Option Exercise
2025-12-17
65,804 shares · $299,408
CASTAGNA MICHAEL E
Chief Executive Officer
Sell
2025-12-16
42,116 shares · $252,696
CASTAGNA MICHAEL E
Chief Executive Officer
Option Exercise
2025-12-16
42,116 shares · $191,628
CASTAGNA MICHAEL E
Chief Executive Officer
Sell
2025-12-02
107,920 shares · $601,114
CASTAGNA MICHAEL E
Chief Executive Officer
Option Exercise
2025-12-02
107,920 shares · $491,036
THOMSON DAVID B
General Counsel
Sell
2025-12-02
147,780 shares · $823,135
Insider transactions can signal confidence or concerns about company prospects

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
STRONG_BUY
9 analysts
Mizuho
2026-04-13
Maintains
Outperform Outperform
Wedbush
2026-03-05
Maintains
Outperform Outperform
RBC Capital
2026-02-27
down
Outperform Sector Perform
Wells Fargo
2026-02-27
Maintains
Overweight Overweight
HC Wainwright & Co.
2026-02-27
Maintains
Buy Buy
HC Wainwright & Co.
2026-02-25
reit
Buy Buy
HC Wainwright & Co.
2026-01-26
reit
Buy Buy
Truist Securities
2025-11-24
init
Buy
RBC Capital
2025-11-11
Maintains
Outperform Outperform
Wells Fargo
2025-11-11
Maintains
Overweight Overweight

Past News Coverage

Recent headlines mentioning MNKD from our newsroom.

Newest → oldest
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