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MindWalk Holdings Corp. (HYFT)

Healthcare | Biotechnology | Austin, United States | NasdaqCM
1.41 USD -0.02 (-1.399%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 1.39 -0.02 (-0.020%) ⇩ (July 13, 2026, 5:27 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:54 a.m. EDT

MindWalk Holdings presents a classic high-risk biotech dilemma where a brilliant long-term thesis clashes with immediate execution hurdles. The company is undeniably innovative, securing patents for AI-driven biological data layers and launching tools like ReefIQ, which aligns with the massive trend of AI in drug discovery. However, the financial reality is stark: the company is burning cash aggressively, with operating cash flow of -$11.2 million and negative free cash flow, while posting a massive loss on the latest quarter. This burn rate is the primary constraint; without significant capital raising or a near-term catalyst to turn the bleeding, the balance sheet will eventually force a deleveraging that hurts shareholders. The market reaction has been mixed but ultimately bearish on the trajectory. Despite a massive cumulative gain of +14,700% over the last nine years, the stock has suffered a brutal -68% decline in the most recent fiscal year, dragging the trailing twelve-month performance into negative territory. While the latest year shows a rebound (+54%), the recent price action confirms the struggle, trading below both its 50-day and 200-day moving averages, suggesting the broader market remains skeptical of the path to profitability. The analyst consensus is overwhelmingly bullish, with a mean target of $4.33 versus the current price of $1.43, but these targets rely entirely on the assumption that the company can secure funding and execute its pipeline without collapsing under the weight of its losses. For investors, this is a binary bet. You are either buying a potential 10x story in AI drug discovery or funding a company that may run out of cash before the technology matures. There is no middle ground here; the fundamentals are too weak to support a 'hold' strategy, and the momentum is currently insufficient to justify a 'buy' without heavy risk tolerance. The lack of dividends offers no cushion, leaving the entire investment thesis dependent on future equity issuance or operational miracles.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.196581
AutoTheta0.197927
AutoETS0.209748
AutoARIMA0.246252

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 37%
H-stat 2.44
Ljung-Box p 0.000
Jarque-Bera p 0.488
Excess Kurtosis -0.54
Attribute Value
Sector Healthcare
Debt to Equity Ratio 23.715
Revenue per Share 0.61
Market Cap 65,863,728
Beta 0.84
Profit Margins -43.60%
Previous Name ImmunoPrecise Antibodies Ltd.
Website https://www.mindwalkai.com

As of July 11, 2026, 3:54 a.m. EDT: Speculator positioning is extremely thin and skewed toward out-of-the-money calls, indicating a speculative hope for a rapid spike rather than a structured hedge. The dominance of OTM call Open Interest suggests traders are betting on a breakout above current levels, while the lack of significant put volume implies a lack of organized downside protection. Implied volatility is notably higher for near-term puts than calls, hinting at asymmetric fear of a quick drop despite the bullish call bias.


Info Dump

Attribute Value
52 Week Change -0.2777778
Address1 Industrious 823 Congress Ave
Address2 Suite 300
All Time High 42.75
All Time Low 0.005
Ask 1.77
Ask Size 2
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 272,910
Average Daily Volume3 Month 350,280
Average Volume 350,280
Average Volume10Days 272,910
Beta 0.835
Bid 1.35
Bid Size 2
Book Value 0.22446539
City Austin
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.41
Current Ratio 3.741
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 1.445
Day Low 1.365
Debt To Equity 23.715
Display Name MindWalk
Dividend Date 1,606,089,600
Earnings Call Timestamp End 1,784,754,000
Earnings Call Timestamp Start 1,784,754,000
Earnings Timestamp 1,784,750,400
Earnings Timestamp End 1,784,750,400
Earnings Timestamp Start 1,784,750,400
Ebitda -10,485,000
Ebitda Margins -0.37334
Enterprise To Ebitda -5.673
Enterprise To Revenue 2.118
Enterprise Value 59,481,584
Eps Trailing Twelve Months -0.1
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.502
Fifty Day Average Change -0.09200001
Fifty Day Average Change Percent -0.06125167
Fifty Two Week Change Percent -27.777779
Fifty Two Week High 3.246
Fifty Two Week High Change -1.8360001
Fifty Two Week High Change Percent -0.56561923
Fifty Two Week Low 0.99
Fifty Two Week Low Change 0.41999996
Fifty Two Week Low Change Percent 0.42424238
Fifty Two Week Range 0.99 - 3.246
Financial Currency CAD
First Trade Date Milliseconds 1,010,413,800,000
Float Shares 45,371,224
Free Cashflow -3,994,750
Full Exchange Name NasdaqCM
Full Time Employees 81
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.57193
Gross Profits 16,062,000
Has Pre Post Market Data 1
Held Percent Insiders 0.09021
Held Percent Institutions 0.0999
Implied Shares Outstanding 46,711,866
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,745,971,200
Last Split Date 1,606,089,600
Last Split Factor 1:5
Long Business Summary MindWalk Holdings Corp. operates as a bio-native AI company. It focuses on the integration of artificial intelligence, multi-omics data, and advanced laboratory research to accelerate the discovery and development of biologics. The company, through its LensAI platform and HYFT technology, it partners with pharmaceutical and biotechnology companies to drive de-risk drug development and unlock therapeutic possibilities. The company was formerly known as ImmunoPrecise Antibodies Ltd. and changed its name to MindWalk Holdings Corp. in September 2025. The company was incorporated in 1983 and is headquartered in Austin, Texas.
Long Name MindWalk Holdings Corp.
Market us_market
Market Cap 65,863,728
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_406475483
Most Recent Quarter 1,769,817,600
Name Change Date 2,026-07-13
Net Income To Common -11,760,000
Next Fiscal Year End 1,777,507,200
Non Diluted Market Cap 66,797,968
Number Of Analyst Opinions 3
Open 1.4
Operating Cashflow -11,195,000
Operating Margins -0.8836
Payout Ratio 0.0
Phone 800 620 4187
Post Market Change -0.01999998
Post Market Change Percent -1.4184384
Post Market Price 1.39
Post Market Time 1,783,978,074
Prev Name ImmunoPrecise Antibodies Ltd.
Previous Close 1.43
Price Hint 4
Price To Book 6.281592
Price To Sales Trailing12 Months 2.3452404
Profit Margins -0.43601
Quick Ratio 3.396
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change -0.02
Regular Market Change Percent -1.3986
Regular Market Day High 1.445
Regular Market Day Low 1.365
Regular Market Day Range 1.365 - 1.445
Regular Market Open 1.4
Regular Market Previous Close 1.43
Regular Market Price 1.41
Regular Market Time 1,783,972,801
Regular Market Volume 154,818
Return On Assets -0.18938999
Return On Equity -0.58824
Revenue Growth 0.524
Revenue Per Share 0.61
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 46,711,866
Shares Percent Shares Out 0.0183
Shares Short 853,725
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 877,348
Short Name MindWalk Holdings Corp.
Short Percent Of Float 0.0185
Short Ratio 2.23
Source Interval 15
State TX
Symbol HYFT
Target High Price 5.0
Target Low Price 3.0
Target Mean Price 4.33333
Target Median Price 5.0
Total Cash 14,072,000
Total Cash Per Share 0.283
Total Debt 3,524,000
Total Revenue 28,084,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.1
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.591225
Two Hundred Day Average Change -0.18122506
Two Hundred Day Average Change Percent -0.113890275
Type Disp Equity
Volume 154,818
Website https://www.mindwalkai.com
Zip 78,701