Milestone Pharmaceuticals Inc.

NasdaqGS:MIST Stock Report

Market Cap: US$204.8m

Milestone Pharmaceuticals Future Growth

Future criteria checks 2/6

Milestone Pharmaceuticals is forecast to grow earnings and revenue by 43% and 56.9% per annum respectively while EPS is expected to grow by 45.6% per annum.

Key information

43.0%

Earnings growth rate

45.60%

EPS growth rate

Pharmaceuticals earnings growth14.4%
Revenue growth rate56.9%
Future return on equityn/a
Analyst coverage

Good

Last updated14 May 2026

Recent future growth updates

Recent updates

New Narrative Apr 18

FDA Approval And Shift To Self Administered Care Will Reshape This Cardiovascular Opportunity

Catalysts About Milestone Pharmaceuticals Milestone Pharmaceuticals is a cardiovascular focused company centered on CARDAMYST, an etripamil nasal spray for on demand treatment of paroxysmal supraventricular tachycardia in adults. What are the underlying business or industry changes driving this perspective?
New Narrative Apr 04

Payer Constraints On Self Administered PSVT Care Will Challenge Near Term Progress Yet Offer Upside

Catalysts About Milestone Pharmaceuticals Milestone Pharmaceuticals is a cardiovascular-focused biopharmaceutical company with an FDA approved, self-administered intranasal therapy, CARDAMYST, for acute treatment of paroxysmal supraventricular tachycardia in adults. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 21

Acute Cardiovascular Self Administration Will Reshape Treatment Patterns And Support Long Term Thesis

Catalysts About Milestone Pharmaceuticals Milestone Pharmaceuticals is a biopharmaceutical company focused on developing and commercializing therapies for acute cardiovascular conditions, including paroxysmal supraventricular tachycardia through its intranasal etripamil product, CARDAMYST. What are the underlying business or industry changes driving this perspective?
Seeking Alpha Mar 14

Milestone: Downgrading To Sell As CARDAMYST Faces A Tough Reality

Summary Milestone Pharmaceuticals is downgraded to 'Sell' due to limited evidence supporting CARDAMYST's market adoption over generics. CARDAMYST's lack of statistically significant reduction in ER visits and high net price challenge its payer value proposition and peak share assumptions. My modeling, even with optimistic inputs, suggests MIST is overvalued with real downside risk, especially in a 'Bear' scenario where ROI is not achieved. Cash runway may be shorter than three years due to increased burn from CARDAMYST launch and AFib-RVR trial, raising dilution risk. Read the full article on Seeking Alpha
Analysis Article Nov 15

Does Milestone Pharmaceuticals (NASDAQ:MIST) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Nov 06

Does Milestone Pharmaceuticals (NASDAQ:MIST) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jun 07

Here's Why Shareholders Should Examine Milestone Pharmaceuticals Inc.'s (NASDAQ:MIST) CEO Compensation Package More Closely

Key Insights Milestone Pharmaceuticals' Annual General Meeting to take place on 13th of June CEO Joe Oliveto's total...
Analysis Article Sep 13

Is Milestone Pharmaceuticals (NASDAQ:MIST) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 07

We're Keeping An Eye On Milestone Pharmaceuticals' (NASDAQ:MIST) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Oct 15

We're Keeping An Eye On Milestone Pharmaceuticals' (NASDAQ:MIST) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Jun 24

We Think Milestone Pharmaceuticals (NASDAQ:MIST) Can Afford To Drive Business Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Feb 25

We're Hopeful That Milestone Pharmaceuticals (NASDAQ:MIST) Will Use Its Cash Wisely

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article Aug 25

We're Interested To See How Milestone Pharmaceuticals (NASDAQ:MIST) Uses Its Cash Hoard To Grow

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article Apr 02

Companies Like Milestone Pharmaceuticals (NASDAQ:MIST) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. By way of example, Milestone...
Analysis Article Jan 15

What You Need To Know About Milestone Pharmaceuticals Inc.'s (NASDAQ:MIST) Investor Composition

A look at the shareholders of Milestone Pharmaceuticals Inc. ( NASDAQ:MIST ) can tell us which group is most powerful...

Earnings and Revenue Growth Forecasts

NasdaqGS:MIST - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028133-5317-474
12/31/202729-129-82-1066
12/31/20267-112-81-816
3/31/20262-68-51-51N/A
12/31/20252-63-49-49N/A
9/30/2025N/A-58-43-43N/A
6/30/2025N/A-56-40-40N/A
3/31/2025N/A-52-34-34N/A
12/31/2024N/A-42-29-29N/A
9/30/2024N/A-43-32-32N/A
6/30/2024N/A-48-37-37N/A
3/31/2024N/A-55-42-41N/A
12/31/20231-60-47-46N/A
9/30/20235-59-50-49N/A
6/30/20236-59-49-49N/A
3/31/20236-59-53-52N/A
12/31/20225-58-53-52N/A
9/30/20222-62-52-52N/A
6/30/2022N/A-62-50-50N/A
3/31/202215-44-35-35N/A
12/31/202115-43-33-33N/A
9/30/202115-35-30-30N/A
6/30/202115-32-28-28N/A
3/31/2021N/A-46-45-45N/A
12/31/2020N/A-50-51-51N/A
9/30/2020N/A-60-59-59N/A
6/30/2020N/A-60-60-60N/A
3/31/2020N/A-61-55-54N/A
12/31/2019N/A-55N/A-51N/A
9/30/2019N/A-47N/A-42N/A
6/30/2019N/A-40N/A-39N/A
3/31/2019N/A-29N/A-31N/A
12/31/2018N/A-23N/A-21N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MIST is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MIST is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MIST is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MIST's revenue (56.9% per year) is forecast to grow faster than the US market (11.7% per year).

High Growth Revenue: MIST's revenue (56.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MIST's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 17:45
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Milestone Pharmaceuticals Inc. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick TrucchioH.C. Wainwright & Co.
Brandon FolkesH.C. Wainwright & Co.
Christopher HowertonJefferies LLC