MANE: Veradermics, Incorporated

Key Finding: Veradermics (MANE) is a late clinical-stage dermatology biotech with promising oral hair loss treatment data that has driven massive post-IPO gains, supported by strong analyst ratings, though it remains pre-revenue with high clinical and execution risks. (Data as of July 14-15, 2026; markets volatile.)

Current Stock Price

$110.17 (July 14, 2026 close, -0.01%)

Pre-Market: ~$112.37 (+2.00%) | Market Cap: ~$4.603 Billion | 52-Week Range: $32.00 - $131.24

Fact: Price sourced from NYSE delayed quote. Yahoo Finance Quote | Nasdaq

Limitation: Real-time prices fluctuate; delayed quotes used here. Volume on July 14: ~525K shares (avg ~659K).

Stock Performance and Company Financials

Stock Performance (Fact-based returns)

PeriodMANE ReturnS&P 500 Return
YTD (as of Jul 14, 2026)+233.85%+10.20%
1-Year+233.85%*+20.34%
Since IPO (Feb 4, 2026 @ ~$17)~+548% (to $110+)N/A

*1-year return reflects post-listing performance. Interpretation: Exceptional outperformance likely driven by positive clinical data and sector sentiment around aesthetics/biotech. Uncertainty: Future returns highly speculative due to clinical-stage nature.

Links: Yahoo Historical Data | Seeking Alpha

Company Financials (TTM / Latest Available, Fact)

MetricValueNotes
Revenue (TTM)$0Pre-commercial clinical stage
Net Income (TTM)-$98.8 MillionOperating losses typical for biotech R&D
EPS (TTM)-$2.64Diluted
Total Cash (MRQ)$390.8 MillionStrong post-IPO runway
Total Debt/Equity0.00%Debt-free
Price/Book (MRQ)11.78Premium valuation
Employees24As of latest filing

Interpretation: Robust cash position provides runway into 2027+ for Phase 3 trials and potential commercialization. Uncertainty: No revenue until FDA approval (if achieved); high burn rate expected to continue.

Limitation/Assumption: Financials from Yahoo Finance as of mid-July 2026; exact quarterly details subject to latest 10-Q (next earnings est. Aug 13, 2026). No dividends.

Links: Yahoo Financials | Balance Sheet | Company Website

Company Overview & History

Fact: Veradermics, Incorporated is a dermatologist-founded, late clinical-stage biopharmaceutical company (incorporated October 2019 in Texas; converted to Delaware 2021; HQ New Haven, CT) developing novel therapeutics for pattern hair loss (androgenetic alopecia/PHL) and other dermatologic/aesthetic conditions. Pipeline includes VDPHL01 (oral extended-release minoxidil, non-hormonal for men/women), plus candidates for warts (VDMN), alopecia areata (VDAA), and molluscum contagiosum (VDMC).

History Fact: IPO on February 4, 2026 (NYSE: MANE), upsized to raise $256.3 million at $17/share (implied ~$596M valuation). Shares opened at $37.75. Recent positive Phase 2/3 data for VDPHL01 in pattern hair loss.

Limitation: Pipeline success depends on ongoing trials; no approved products yet.

Analyst Ratings

Consensus: Strong Buy (100% Buy from 6+ analysts) | Average Price Target: $141.60 (Implied upside ~28.5% from $110.17) | High: $182 | Low: $120

Analyst/FirmDateRatingPrice TargetAction
B. Riley SecuritiesJul 15, 2026Buy$170Initiated
JefferiesJul 7, 2026Buy$182 (raised from $138)Maintained/Raised
CitiJun 22, 2026Buy--Initiated
LifeSci Capital / NeedhamJun 2026Buy$136-$147 rangeInitiated

Interpretation: High conviction on VDPHL01 potential as first new oral PHL therapy in decades. Uncertainty: Analyst targets can change rapidly with trial data or market conditions; historical accuracy varies.

Limitation: Ratings from limited number of firms; not all analysts covered. Data aggregated from TipRanks/Yahoo/Benzinga reports.

Links: Yahoo Analysts | MarketBeat Forecast | Benzinga Ratings

Customers and Competitors

Customers (Fact)

Interpretation: Indirect B2B2C model via prescribing physicians; large addressable market (~80M US PHL patients). Uncertainty: Actual adoption depends on pricing, insurance coverage, and real-world efficacy/safety post-approval.

Competitors (Fact-based comparison)

CompetitorFocusStage/StatusNotes
Cosmo Pharmaceuticals (Breezula / clascoterone)Topical anti-androgen for PHLClinical (various phases)Hormonal mechanism; potential competitor in topical space
Kintor Pharmaceutical (KX-826)Topical AR antagonist for PHLClinical trialsAsian-focused development; direct PHL rival
Pelage Pharmaceuticals (PP405)Small molecule for hair follicle regenerationClinicalNovel mechanism; aesthetics focus
Other Biotechs (e.g., Aprea, ProMIS - broader peers)Various derm/oncologyClinical-stageMarket cap comparables in biotech space

Interpretation: VDPHL01 positioned as potential first oral non-hormonal option in ~30 years. Uncertainty: Competitive landscape dynamic; success hinges on superior efficacy, safety, and convenience vs. existing options (e.g., minoxidil topical, finasteride).

Limitation: Competitor data from secondary sources (e.g., analyst notes); full pipeline details require proprietary research. No direct public financial comparison table available.

Links: Company Pipeline | Yahoo Profile

Recent News

Jul 14, 2026: Veradermics to hold conference call on Phase 2 '207' trial results for VDPHL01 in females with pattern hair loss. Source
Recent: Positive top-line Phase 2/3 results for VDPHL01 in male pattern hair loss; stock volatility on data releases. Benzinga
Jul 2026: Analyst initiations and target raises (B. Riley, Jefferies). Yahoo

News aggregated; full articles may require subscriptions. Always verify primary sources.