Axsome Therapeutics (AXSM) Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Axsome Therapeutics in the last year. There are currently 1 sell rating, 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AXSM shares.
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13 brokerages have issued 12-month price objectives for Axsome Therapeutics' stock. Their AXSM share price forecasts range from $52.00 to $200.00. On average, they expect the company's stock price to reach $105.57 in the next twelve months. This suggests a possible upside of 41.0% from the stock's current price.
View analysts price targets for AXSM or view top-rated stocks among Wall Street analysts.

Axsome Therapeutics' stock was trading at $77.13 at the beginning of 2023. Since then, AXSM shares have decreased by 2.9% and is now trading at $74.86.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our AXSM earnings forecast.

Axsome Therapeutics, Inc. (NASDAQ:AXSM) posted its quarterly earnings results on Monday, May, 8th. The company reported ($0.22) earnings per share for the quarter, topping the consensus estimate of ($1.13) by $0.91. The business had revenue of $94.58 million for the quarter, compared to analyst estimates of $26.87 million. Axsome Therapeutics had a negative net margin of 109.75% and a negative trailing twelve-month return on equity of 152.04%.

ETFs with the largest weight of Axsome Therapeutics (NASDAQ:AXSM) stock in their portfolio include SPDR S&P Pharmaceuticals ETF (XPH), Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL), ALPS Medical Breakthroughs ETF (SBIO), Virtus LifeSci Biotech Products ETF (BBP), iShares U.S. Pharmaceuticals ETF (IHE), Principal Healthcare Innovators ETF (BTEC), First Trust Nasdaq Pharmaceuticals ETF (FTXH) and Invesco DWA SmallCap Momentum ETF (DWAS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Axsome Therapeutics investors own include Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Dicerna Pharmaceuticals (DRNA), Amarin (AMRN), Sarepta Therapeutics (SRPT), Micron Technology (MU), Pfizer (PFE), AbbVie (ABBV), Alibaba Group (BABA) and Bristol-Myers Squibb (BMY).

(AXSM) raised $52 million in an initial public offering on Thursday, November 19th 2015. The company issued 4,300,000 shares at a price of $11.00-$13.00 per share. Ladenburg Thalmann and Cantor Fitzgerald & Co. acted as the underwriters for the IPO and Brean Capital was co-manager.

Axsome Therapeutics trades on the NASDAQ under the ticker symbol "AXSM."

Axsome Therapeutics' stock is owned by a number of institutional and retail investors. Top institutional investors include RTW Investments LP (8.68%), BlackRock Inc. (5.67%), BVF Inc. IL (4.89%), FMR LLC (3.13%), State Street Corp (1.83%) and Geode Capital Management LLC (1.50%). Insiders that own company stock include Mark Coleman, Mark E Saad, Nick Pizzie and Roger Jeffs.
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Shares of AXSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AXSM stock can currently be purchased for approximately $74.86.

Axsome Therapeutics (NASDAQ:AXSM) has a market capitalization of $3.26 billion and generates $50.04 million in revenue each year. The company earns $-187,130,000.00 in net income (profit) each year or ($3.80) on an earnings per share basis.

The company employs 108 workers across the globe.

Axsome Therapeutics' mailing address is 200 BROADWAY 3RD FLOOR, NEW YORK NY, 10038. The official website for the company is axsome.com. The company can be reached via phone at (212) 332-3241 or via fax at 212-320-0245.