NASDAQ:AXSM - Axsome Therapeutics Stock Price, News & Analysis

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

Axsome Therapeutics Inc (NASDAQ:AXSM) announced its quarterly earnings data on Thursday, August, 8th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.31) by $0.10. View Axsome Therapeutics' Earnings History.

Axsome Therapeutics is scheduled to release their next quarterly earnings announcement on Friday, November 8th 2019. View Earnings Estimates for Axsome Therapeutics.

7 brokerages have issued 12-month target prices for Axsome Therapeutics' stock. Their predictions range from $25.00 to $45.00. On average, they expect Axsome Therapeutics' stock price to reach $30.8333 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets for Axsome Therapeutics.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Axsome Therapeutics in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Axsome Therapeutics.

News stories about AXSM stock have been trending negative this week, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Axsome Therapeutics earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Axsome Therapeutics.

Axsome Therapeutics saw a decrease in short interest in the month of August. As of August 15th, there was short interest totalling 5,914,300 shares, a decrease of 5.0% from the July 15th total of 6,226,400 shares. Based on an average trading volume of 1,140,000 shares, the short-interest ratio is presently 5.2 days. Currently, 28.5% of the shares of the stock are sold short. View Axsome Therapeutics' Current Options Chain.

Some companies that are related to Axsome Therapeutics include Allakos (ALLK), FibroGen (FGEN), Nektar Therapeutics (NKTR), Alkermes (ALKS), Evotec (EVTCY), Mirati Therapeutics (MRTX), Global Blood Therapeutics (GBT), Taro Pharmaceutical Industries (TARO), BridgeBio Pharma (BBIO), HUTCHISON CHINA/S (HCM), Arrowhead Pharmaceuticals (ARWR), Emergent Biosolutions (EBS), Reata Pharmaceuticals (RETA), Genmab A/S (GMAB) and Arena Pharmaceuticals (ARNA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Axsome Therapeutics investors own include Dicerna Pharmaceuticals (DRNA), Inovio Pharmaceuticals (INO), Viking Therapeutics (VKTX), Sarepta Therapeutics (SRPT), Amarin (AMRN), Synergy Pharmaceuticals (SGYP), SCYNEXIS (SCYX), Zynerba Pharmaceuticals (ZYNE), Progenics Pharmaceuticals (PGNX) and Anavex Life Sciences (AVXL).

(AXSM) raised $52 million in an initial public offering (IPO) 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' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.91%), VHCP Management III LLC (4.68%), Vanguard Group Inc. (3.35%), VHCP Management II LLC (2.59%), Invesco Ltd. (2.35%) and Price T Rowe Associates Inc. MD (1.68%). Company insiders that own Axsome Therapeutics stock include Mark Coleman, Mark E Saad and Nick Pizzie. View Institutional Ownership Trends for Axsome Therapeutics.

AXSM stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Morgan Stanley, Jane Street Group LLC, Parametric Portfolio Associates LLC and Sio Capital Management LLC. View Insider Buying and Selling for Axsome Therapeutics.

AXSM stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Price T Rowe Associates Inc. MD, VHCP Management III LLC, VHCP Management II LLC, Vanguard Group Inc., Renaissance Technologies LLC, Nuveen Asset Management LLC and Bank of New York Mellon Corp. Company insiders that have bought Axsome Therapeutics stock in the last two years include Mark Coleman, Mark E Saad and Nick Pizzie. View Insider Buying and Selling for Axsome Therapeutics.

Shares of AXSM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of AXSM stock can currently be purchased for approximately $28.21.

Axsome Therapeutics has a market capitalization of $970.99 million. The company earns $-30,970,000.00 in net income (profit) each year or ($1.15) on an earnings per share basis. Axsome Therapeutics employs 29 workers across the globe.View Additional Information About Axsome Therapeutics.

The official website for Axsome Therapeutics is http://axsome.com/.

Axsome Therapeutics' mailing address is 25 BROADWAY 9TH FLOOR, NEW YORK NY, 10004. The company can be reached via phone at 212-332-3241.