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Axsome Therapeutics (AXSM) Stock Price, News & Analysis

$93.18
-0.50 (-0.53%)
(As of 09/6/2024 ET)
Today's Range
$91.52
$94.53
50-Day Range
$78.93
$95.56
52-Week Range
$55.02
$98.40
Volume
945,658 shs
Average Volume
669,595 shs
Market Capitalization
$4.43 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$124.57

Axsome Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
33.7% Upside
$124.57 Price Target
Short Interest
Bearish
16.15% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.03
Upright™ Environmental Score
News Sentiment
0.52mentions of Axsome Therapeutics in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$4.02 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($4.72) to ($1.21) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.74 out of 5 stars

Medical Sector

39th out of 910 stocks

Pharmaceutical Preparations Industry

13th out of 426 stocks

AXSM stock logo

About Axsome Therapeutics Stock (NASDAQ:AXSM)

Axsome Therapeutics, Inc., a biopharmaceutical company, engages in the development of novel therapies for central nervous system (CNS) disorders in the United States. The company's commercial product portfolio includes Auvelity (dextromethorphan-bupropion), a N-methyl-D-aspartate receptor antagonist with multimodal activity indicated for the treatment of major depressive disorder; and Sunosi (solriamfetol), a medication indicated to the treatment of excessive daytime sleepiness in patients with narcolepsy or obstructive sleep apnea. It is also developing AXS-05, which is in Phase III clinical trial to treat Alzheimer's disease agitation, as well as that has completed phase II clinical trial for the treatment of smoking cessation; AXS-07, an investigational medicine that has completed Phase III trials for the acute treatment of migraine; AXS-12, an investigational medicine, which is in Phase III trial to treat narcolepsy; AXS-14, a selective and potent norepinephrine reuptake inhibitor that has completed Phase III trial for the treatment of fibromyalgia and other conditions; and solriamfetol, a dual-acting dopamine and norepinephrine reuptake inhibitor, which has completed a Phase 2 trial for treating attention-deficit/hyperactivity disorder, and is in phase 2 major depressive, binge eating, and shift work disorder. Axsome Therapeutics, Inc. has a research collaboration agreement with Duke University for evaluating AXS-05 in smoking cessation. The company was incorporated in 2012 and is based in New York, New York.

AXSM Stock Price History

AXSM Stock News Headlines

Axsome Therapeutics (AXSM) Gets a Buy from Cantor Fitzgerald
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Axsome Therapeutics (NASDAQ:AXSM) Receives "Buy" Rating from HC Wainwright
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Axsome Says FDA Acknowledges Resubmission Of NDA For AXS-07 For Migraine
Axsome Therapeutics Inc
See More Headlines
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Company Calendar

Last Earnings
8/05/2024
Today
9/07/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:AXSM
Employees
545
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$124.57
High Stock Price Target
$180.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+33.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
14 Analysts

Profitability

Net Income
$-239,240,000.00
Net Margins
-105.85%
Pretax Margin
-106.20%

Debt

Sales & Book Value

Annual Sales
$291.49 million
Book Value
$2.17 per share

Miscellaneous

Free Float
36,857,000
Market Cap
$4.43 billion
Optionable
Optionable
Beta
1.26
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AXSM Stock Analysis - Frequently Asked Questions

How have AXSM shares performed this year?

Axsome Therapeutics' stock was trading at $79.59 at the start of the year. Since then, AXSM shares have increased by 17.1% and is now trading at $93.1850.
View the best growth stocks for 2024 here
.

How were Axsome Therapeutics' earnings last quarter?

Axsome Therapeutics, Inc. (NASDAQ:AXSM) released its quarterly earnings data on Monday, August, 5th. The company reported ($1.24) earnings per share for the quarter, topping the consensus estimate of ($1.30) by $0.06. The firm had revenue of $87.17 million for the quarter, compared to the consensus estimate of $84.53 million. Axsome Therapeutics had a negative net margin of 105.85% and a negative trailing twelve-month return on equity of 117.46%.

When did Axsome Therapeutics IPO?

Axsome Therapeutics (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.

Who are Axsome Therapeutics' major shareholders?

Axsome Therapeutics' top institutional shareholders include Millennium Management LLC (1.56%), Hood River Capital Management LLC (1.16%), Perceptive Advisors LLC (0.97%) and First Turn Management LLC (0.71%). Insiders that own company stock include Roger Jeffs, Mark Coleman, Mark L Jacobson, Nick Pizzie and Mark E Saad.
View institutional ownership trends
.

How do I buy shares of Axsome Therapeutics?

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

What other stocks do shareholders of Axsome Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Axsome Therapeutics investors own include Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Dicerna Pharmaceuticals (DRNA), Amarin (AMRN), Sarepta Therapeutics (SRPT), Micron Technology (MU) and Pfizer (PFE).

This page (NASDAQ:AXSM) was last updated on 9/7/2024 by MarketBeat.com Staff

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