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MindWalk Holdings Corp. (HYFT)

Healthcare | Biotechnology | Austin, United States | NasdaqCM
1.39 USD -0.03 (-2.113%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 1.39

Short-term:★★☆☆☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:02 a.m. EDT

The investment case for MindWalk Holdings is currently fractured by a severe disconnect between its explosive historical performance and its deteriorating operational reality. While the multi-year trajectory shows a massive cumulative gain driven by a single massive rebound year, the company is now trapped in a cycle of missed estimates and reported losses. The balance sheet is fragile, with negative free cash flow and operating margins dragging well below zero, while the stock trades at a premium valuation relative to its sales. The recent price action confirms a loss of momentum, trading below key moving averages after a period of underperformance. Crucially, the options market reveals a dangerous complacency; the near-total absence of put buying suggests investors are ignoring the fundamental risks, betting instead on a speculative rally rather than a sustainable recovery. With no dividend to provide income and a business burning cash, the stock lacks the safety margin required for a long-term hold. The statistical forecast models also lean slightly negative, reinforcing the view that the recent bounce may be running out of steam. Until the company demonstrates a path to profitability or a credible catalyst to reverse the multi-year decline in operational metrics, the risk-reward profile remains unfavorable.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.089579
MSTL0.095192
AutoARIMA0.095743
AutoTheta0.203712

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 37%
H-stat 3.36
Ljung-Box p 0.000
Jarque-Bera p 0.614
Excess Kurtosis 0.41
Attribute Value
Sector Healthcare
Debt to Equity Ratio 30.011
Revenue per Share 0.335
Market Cap 65,312,340
Beta 0.82
Profit Margins -89.66%
Previous Name ImmunoPrecise Antibodies Ltd.
Website https://www.mindwalkai.com

As of Aug. 22, 2026, 2:02 a.m. EDT: Speculator positioning is overwhelmingly skewed toward calls, with open interest concentrated at strikes significantly above the current price (2.5 and 5.0), suggesting a bullish bias or a 'long gamma' setup where dealers face hedging pressure if the stock rises. However, put volume is virtually non-existent, indicating a lack of organized downside protection or hedging against a crash. Implied volatility remains extremely low across all expirations, reflecting a market that views this biotech stock as having minimal immediate risk of a sharp move, despite the binary nature of the sector.


Info Dump

Attribute Value
52 Week Change -0.26424873
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 Daily Volume10 Day 118,240
Average Daily Volume3 Month 266,109
Average Volume 266,109
Average Volume10Days 118,240
Beta 0.824
Bid 1.01
Bid Size 2
Book Value 0.18191628
City Austin
Compensation As Of Epoch Date 1,798,675,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.39
Current Ratio 2.802
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 1.44
Day Low 1.3801
Debt To Equity 30.011
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 1,789,416,000
Earnings Timestamp Start 1,789,416,000
Ebitda -13,333,000
Ebitda Margins -0.85699
Enterprise To Ebitda -4.312
Enterprise To Revenue 3.695
Enterprise Value 57,490,340
Eps Trailing Twelve Months -0.23
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.429
Fifty Day Average Change -0.039000034
Fifty Day Average Change Percent -0.027291836
Fifty Two Week Change Percent -26.424873
Fifty Two Week High 2.99
Fifty Two Week High Change -1.6
Fifty Two Week High Change Percent -0.5351171
Fifty Two Week Low 0.99
Fifty Two Week Low Change 0.39999998
Fifty Two Week Low Change Percent 0.40404037
Fifty Two Week Range 0.99 - 2.99
Financial Currency CAD
First Trade Date Milliseconds 1,010,413,800,000
Float Shares 42,567,201
Free Cashflow -5,467,625
Full Exchange Name NasdaqCM
Full Time Employees 74
Fullday Change -0.03
Fullday Change Percent -2.11267
Fullday Price 1.39
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.58799
Gross Profits 9,148,000
Has Pre Post Market Data 1
Held Percent Insiders 0.091409996
Held Percent Institutions 0.09292
Implied Shares Outstanding 46,987,296
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,777,507,200
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. The company discovers and develops biologics through HYFT Technology and LensAI platform, as well as develops AI drug discovery and biologics through ReefIQ technology. 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 65,312,340
Market State CLOSED
Max Age 86,400
Message Board Id finmb_406475483
Most Recent Quarter 1,777,507,200
Name Change Date 2,026-08-29
Net Income To Common -15,102,000
Next Fiscal Year End 1,809,043,200
Non Diluted Market Cap 67,191,833
Number Of Analyst Opinions 3
Open 1.44
Operating Cashflow -12,463,000
Operating Margins -1.0519999
Payout Ratio 0.0
Phone 800 620 4187
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 1.39
Post Market Time 1,787,959,805
Prev Name ImmunoPrecise Antibodies Ltd.
Previous Close 1.42
Price Hint 4
Price To Book 7.6408772
Price To Sales Trailing12 Months 4.197991
Profit Margins -0.89658
Quick Ratio 2.579
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.03
Regular Market Change Percent -2.11267
Regular Market Day High 1.44
Regular Market Day Low 1.3801
Regular Market Day Range 1.3801 - 1.44
Regular Market Open 1.44
Regular Market Previous Close 1.42
Regular Market Price 1.39
Regular Market Time 1,787,947,201
Regular Market Volume 73,621
Return On Assets -0.28368
Return On Equity -0.85382
Revenue Growth 0.498
Revenue Per Share 0.335
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 46,987,296
Shares Percent Shares Out 0.0152
Shares Short 713,284
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 952,615
Short Name MindWalk Holdings Corp.
Short Percent Of Float 0.0154
Short Ratio 3.09
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 11,348,000
Total Cash Per Share 0.242
Total Debt 3,526,000
Total Revenue 15,558,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.23
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.530125
Two Hundred Day Average Change -0.14012504
Two Hundred Day Average Change Percent -0.09157751
Type Disp Equity
Volume 73,621
Website https://www.mindwalkai.com
Zip 78,701