ATAI

Atai Beckley Inc.

Fundamental data last updated:June 4, 2026

We may earn a commission from partner links. This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate.

company profile

SECTOR

Healthcare

industry

Biotechnology

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

08/13/2026

Business Summary

AtaiBeckley Inc., a clinical-stage biopharmaceutical company, engages in the research, development, and commercialization of mental health treatments in the United States, Germany, and Canada. The company develops BPL-003, an intranasal formulation of the benzoate salt form of mebufotenin that is in Phase 2a and 2b clinical studies for treatment resistant depression (TRD) and alcohol use disorder; RL-007, an orally bioavailable compound, which is a pro-cognitive neuromodulator in Phase 2b trial for cognitive impairment associated with schizophrenia; and ELE-101, a serotonergic psychedelic for the treatment of major depressive disorder. It is also developing VLS-01, an oral transmucosal film formulation of N,N-Dimethyltryptamine in Phase 2 clinical study to treat TRD; EMP-01, an oral formulation of R-3,4-methylenedioxy-methamphetamine that is in Phase 2 clinical study for social anxiety disorder; and EGX-A & EGX-B, which are non-hallucinogenic 5-HT2A receptor agonists for TRD. In addition, the company offers COMP360 for psilocybin therapy; and GRX-917 for the treatment of anxiety, depression, and various neurological disorders. The company was formerly known as Atai Beckley N.V. and changed its name to AtaiBeckley Inc. in December 2025. AtaiBeckley Inc. was founded in 2018 and is based in New York, New York.

 


VALUATION

P/E

-1.51

Market Cap ($M USD)

$1.62B

Forward P/E

23.96

PEG

0.23

PRICE TO SALES

465.49

PRICE TO BOOK

5.03

EV / EBITDA

-12.46

5-Year Average P/E

Free Cash Flow Yield

-7.22%

DCF Value

$0.19

Graham Number

N/A

Price to FCF

-13.85

EV to FCF

-13.50

Earnings Yield

-66.41%

FCF Yield

-7.22%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$2.93

Next Year EPS Growth Estimate

$0.18

Next Year Revenue Growth Estimate

$37.70B

Return on Equity (ROE)

-366.49%

FREE CASH FLOW

Operating Margin

-3658.03%

Debt-to-Equity

0.01

Piotroski F-Score

4

Altman Z-Score

6.58

Return on Invested Capital (ROIC)

-53.18%

Current Ratio

10.02

Quick Ratio

10.02

Net Debt to EBITDA

0.32

Interest Coverage

-483.30

Gross Profit margin

82.02%

FCF PER SHARE

$-0.52

REVENUE PER SHARE

$0.02

Gainseekers Quantitative Analysis

Summary

ATAI’s valuation presents a perplexing picture. The stock traded significantly below its DCF value, suggesting potential undervaluation. However, a Forward P/E of 25.99 indicates the market expects substantial growth, which is risky given the negative Earnings Yield and a troubling Altman Z-score of -1.21, signaling financial distress. The negative ROIC and massive operating margin losses further highlight execution challenges. Investors should be wary of these red flags despite the optimistic consensus rating.

AI Exposure / Tech Reliance

Operating within the Medical - Pharmaceuticals industry, ATAI is well-positioned to leverage AI for drug discovery and personalized medicine. The sector's inherent need for innovation aligns with technological advancements, offering potential growth avenues. However, execution risk remains high given the company's current financial instability.

The Bull Case

For the optimistic investor, ATAI's low Debt/Equity ratio of 0.0093 and a Piotroski F-Score of 4 suggest some financial resilience. The impressive Sales Growth forecast of over 37 billion percent next year hints at explosive potential, albeit speculative. Despite negative margins, the high Current Ratio of 11.74 indicates strong liquidity, providing a buffer for future growth initiatives.

The Bear Case

ATAI's structural weaknesses are glaring. The Price/Sales ratio of 185.90 and Price/Book of 5.71 suggest severe overvaluation. Negative cash flow metrics, such as an FCF Yield of -15.02%, highlight cash burn issues. The stock's proximity to its 52-week high, combined with a negative Earnings Yield, paints a picture of a company priced for perfection without the fundamentals to back it up.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$12.00

Institutional Ownership %

1-Year Beta

1.60

Insider Buying % (6 Mo)

Distance to 52-Week High

53.06%

Distance to 52-Week Low

54.65%

EARNINGS SURPRISE %

27.27%

50-DAY SMA

$4.01

200-DAY SMA

$4.30

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.