| Indicators | Browse All

Vistagen Therapeutics, Inc. (VTGN)

Healthcare | Biotechnology | South San Francisco, United States | NasdaqCM
0.25 USD 0.00 (-0.158%) ⇩ (July 14, 2026, 9:54 a.m. EDT)

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:32 a.m. EDT

The investment case here is fractured by a brutal multi-year decline. The stock has lost nearly 98% of its value over the last nine years, with the most recent annual performance showing another significant drop. While the company recently reported Phase 3 extension results for its anxiety drug, which has generated headlines, the financial reality is stark: the business is burning cash aggressively with operating margins in the negative 35% range and no free cash flow. The balance sheet, while currently liquid, faces severe execution risks highlighted by recent workforce cuts. The options market reflects this desperation, with traders buying deep out-of-the-money calls hoping for a miracle, but the fundamental trajectory suggests the market has already priced in a failure to deliver sustainable growth. With no dividend to provide income and a history of repeated value traps, this remains a high-risk speculative vehicle rather than a viable investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.121927
AutoARIMA0.125333
AutoETS0.126695
AutoTheta0.128545

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 11%
H-stat 69.32
Ljung-Box p 0.010
Jarque-Bera p 0.000
Excess Kurtosis 8.07
Attribute Value
Sector Healthcare
Debt to Equity Ratio 2.939
Revenue per Share 0.033
Market Cap 10,352,487
Forward P/E -0.16
Beta 0.40
Website https://www.vistagen.com

As of July 11, 2026, 3:32 a.m. EDT: Options activity is dominated entirely by out-of-the-money calls, with significant open interest concentrated at strikes of $1.00 and $2.00. This indicates speculative positioning for a massive recovery or a 'lottery ticket' scenario rather than a measured rebound. Conversely, put volume is negligible, suggesting a lack of organized hedging against further downside, though implied volatility remains elevated on the call side reflecting uncertainty.


Info Dump

Attribute Value
52 Week Change -0.8888889
Address1 343 Allerton Avenue
All Time High 1,890.0
All Time Low 0.2
Ask 0.3242
Ask Size 2
Average Analyst Rating 3.0 - Hold
Average Daily Volume10 Day 7,891,150
Average Daily Volume3 Month 2,143,675
Average Volume 2,143,675
Average Volume10Days 7,891,150
Beta 0.395
Bid 0.174
Bid Size 2
Book Value 0.897
City South San Francisco
Compensation As Of Epoch Date 1,798,675,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.2523
Current Ratio 3.669
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 0.255
Day Low 0.246
Debt To Equity 2.939
Display Name Vistagen Therapeutics
Earnings Call Timestamp End 1,770,933,600
Earnings Call Timestamp Start 1,770,933,600
Earnings Timestamp 1,781,553,600
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda -71,927,000
Ebitda Margins 0.0
Enterprise To Ebitda 0.473
Enterprise To Revenue -26.785
Enterprise Value -33,990,100
Eps Current Year -1.475
Eps Forward -1.54
Eps Trailing Twelve Months -1.79
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.5536
Fifty Day Average Change -0.30130002
Fifty Day Average Change Percent -0.5442558
Fifty Two Week Change Percent -88.88889
Fifty Two Week High 5.14
Fifty Two Week High Change -4.8877
Fifty Two Week High Change Percent -0.95091444
Fifty Two Week Low 0.2
Fifty Two Week Low Change 0.05229999
Fifty Two Week Low Change Percent 0.26149994
Fifty Two Week Range 0.2 - 5.14
Financial Currency USD
First Trade Date Milliseconds 1,308,663,000,000
Float Shares 32,363,937
Forward Eps -1.54
Forward P E -0.16383117
Free Cashflow -40,496,752
Full Exchange Name NasdaqCM
Full Time Employees 41
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 1,269,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00285
Held Percent Institutions 0.40775
Implied Shares Outstanding 41,032,453
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,774,915,200
Last Split Date 1,686,096,000
Last Split Factor 1:30
Long Business Summary Vistagen Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the development and commercialization of therapies for neuropsychiatric and neurological disorders. The company's product pipeline includes Fasedienol, an investigational pherine nasal spray that is in Phase III clinical trial for the treatment of anxiety in adults with social anxiety disorder; and Itruvone, an odorless synthetic investigational neuroactive pherine nasal spray, which is in Phase IIa clinical trial to treat major depressive disorder. It also develops refisolone, an odorless and tasteless synthetic investigational pherine nasal spray that is in Phase IIa clinical trial for the treatment of vasomotor symptoms, including hot flashes due to menopause, premenstrual dysphoric disorder, and other women's health disorders; PH15, an investigational pherine nasal spray, which is in Phase IIa clinical trial for the treatment to improve cognitive impairment caused by mental fatigue disorders; PH284, an odorless and tasteless synthetic investigational pherine nasal spray that is in Phase IIa clinical trial to treat loss of appetite associated with chronic disorders, such as cancer cachexia; and AV-101, an oral prodrug that targets N-methyl-D-aspartate receptor in the brain for treating depression and neurological disorders. It has a license and collaboration agreement with AffaMed Therapeutics, Inc. to develop, manufacture, and commercialize fasedienol for multiple anxiety-related disorders. Vistagen Therapeutics, Inc. was founded in 1998 and is headquartered in South San Francisco, California.
Long Name Vistagen Therapeutics, Inc.
Market us_market
Market Cap 10,352,487
Market State REGULAR
Max Age 86,400
Message Board Id finmb_7691787
Most Recent Quarter 1,774,915,200
Net Income To Common -69,685,000
Next Fiscal Year End 1,806,451,200
Non Diluted Market Cap 10,368,900
Number Of Analyst Opinions 2
Open 0.246
Operating Cashflow -66,436,000
Operating Margins -35.95054
Payout Ratio 0.0
Phone 650 577 3600
Previous Close 0.2527
Price Eps Current Year -0.17105085
Price Hint 4
Price To Book 0.2812709
Price To Sales Trailing12 Months 8.157989
Profit Margins 0.0
Quick Ratio 3.548
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 3.0
Region US
Regular Market Change -0.00040000677
Regular Market Change Percent -0.15829314
Regular Market Day High 0.255
Regular Market Day Low 0.246
Regular Market Day Range 0.246 - 0.255
Regular Market Open 0.246
Regular Market Previous Close 0.2527
Regular Market Price 0.2523
Regular Market Time 1,784,037,271
Regular Market Volume 227,722
Return On Assets -0.67836
Return On Equity -1.31593
Revenue Per Share 0.033
Sand P52 Week Change 0.20365608
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 41,032,453
Shares Percent Shares Out 0.0388
Shares Short 1,591,673
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 2,020,399
Short Name VistaGen Therapeutics, Inc.
Short Percent Of Float 0.038900003
Short Ratio 0.5
Source Interval 15
State CA
Symbol VTGN
Target High Price 1.0
Target Low Price 1.0
Target Mean Price 1.0
Target Median Price 1.0
Total Cash 45,403,000
Total Cash Per Share 1.107
Total Debt 1,044,000
Total Revenue 1,269,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.79
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.62565
Two Hundred Day Average Change -1.37335
Two Hundred Day Average Change Percent -0.84480053
Type Disp Equity
Volume 227,722
Website https://www.vistagen.com
Zip 94,080