Why Did COMPASS Pathways Plunge 10.03%?

On April 3, 2025, COMPASS Pathways' stock experienced a significant drop of 10.03% in pre-market trading, reflecting investor concerns and market sentiment.

Analysts have provided a range of price targets for COMPASS Pathways, with the average target price set at $16.55. This range, from a high of $45.00 to a low of $9.00, indicates a wide spectrum of expectations for the company's future performance. The current price of $2.7900 suggests that the stock is trading well below these targets, which could be a factor in the recent market reaction.

COMPASS Pathways is expected to report its FY 2025 earnings on February 26, 2026. The company's earnings are projected to improve from a loss of $2.33 per share to a loss of $1.98 per share in the next year. This anticipated improvement in earnings could be a positive sign for investors, but the current market sentiment appears to be more cautious.