Axsome Therapeutics, Inc. (AXSM)
$
116.63
-1.90 (-1.63%)
Key metrics
Financial statements
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Axsome Therapeutics, Inc. is a biopharmaceutical company focused on developing innovative therapies for central nervous system (CNS) disorders within the United States. The company's product pipeline features AXS-05, which is intended for treating major depressive disorder and resistant depression disorders. Currently, AXS-05 is undergoing a Phase III clinical trial aimed at addressing agitation associated with Alzheimer's disease and has also completed a Phase II clinical trial related to smoking cessation. Additionally, Axsome is advancing AXS-07, a novel, oral medication known for its rapid absorption and multi-mechanistic approach, having completed two Phase III trials for acute migraine treatment. AXS-12 is another investigational product, a selective and potent norepinephrine reuptake inhibitor currently in Phase III trials for narcolepsy treatment, while AXS-14, an oral investigational drug, is also in Phase III for fibromyalgia. Moreover, Axsome Therapeutics has established a research collaboration with Duke University to evaluate the efficacy of AXS-05 in smoking cessation. The company has shown significant financial growth, as evidenced by the recorded revenue of $385,693,000.00 demonstrating a steady upward trajectory. The income before tax ratio is -0.74 reflecting the pre-tax margin, while the net income ratio stands at -0.74 indicating the company's profitability margin. However, operating expenses amount to $632,952,000.00 which encompass various costs incurred for operations. Overall, the total costs and expenses for the company reach $666,255,000.00 illustrating its comprehensive spending in pursuit of its goals. In the context of market performance, Axsome Therapeutics' stock is reasonably priced at $116.69 making it attractive to a diverse range of investors. Despite this, the stock has a low average trading volume of 909,513.00 signaling a lower level of market activity. The company maintains a mid-range market capitalization of $5,687,508,602.00 positioning it as a steady performer within the industry. As a key player in the Biotechnology industry, Axsome Therapeutics contributes significantly to the broader market landscape, reinforcing its relevance and impact. Additionally, it belongs to the Healthcare sector, driving both innovation and growth in the field, thereby ensuring its sustained presence in an evolving market.
Investing in Axsome Therapeutics, Inc. (AXSM) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C-, with a Bearish outlook. Always conduct your own research before investing.
Analysts predict Axsome Therapeutics, Inc. stock to fluctuate between $64.11 (low) and $139.13 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-04-02, Axsome Therapeutics, Inc.'s market cap is $5,687,508,602, based on 48,765,400 outstanding shares.
Compared to Eli Lilly & Co., Axsome Therapeutics, Inc. has a Lower Market-Cap, indicating a difference in performance.
To buy Axsome Therapeutics, Inc. (AXSM) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for AXSM. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Revenue: $385,693,000 | EPS: -$5.99 | Growth: 13.66%.
Visit https://www.axsome.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $139.13 (2025-02-21) | All-time low: $19.38 (2021-08-19).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
zacks.com
Axsome's phase III PARADIGM study evaluating solriamfetol in major depressive disorder fails to show a statistically significant change in the primary endpoint.
zacks.com
Axsome's phase III FOCUS study, evaluating solriamfetol for treating attention deficit hyperactivity disorder, meets its primary and key secondary endpoints.
zacks.com
Axsome's depression drug, Auvelity, is driving the top line while Sunosi diversifies its business. The recent FDA nod for Symbravo also bodes well.
zacks.com
Axsome enters into a settlement agreement with Hikma Pharmaceuticals to resolve a patent litigation related to Sunosi.
zacks.com
Based on the FDA's feedback, Axsome plans to submit a supplemental NDA for AXS-05 in Alzheimer's disease agitation in third-quarter 2025.
benzinga.com
On Monday, Axsome Therapeutics, Inc. AXSM announced that the EMERGE Phase 3 trial of Symbravo (MoSEIC meloxicam and rizatriptan) in patients experiencing inadequate response to oral CGRP inhibitors (most commonly used drugs for migraine) met its primary endpoint.
zacks.com
AXSM's fourth-quarter 2024 earnings miss estimates while revenues beat the same. Net product sales rise year over year.
zacks.com
Axsome Therapeutics (AXSM) came out with a quarterly loss of $0.96 per share versus the Zacks Consensus Estimate of a loss of $1. This compares to loss of $0.73 per share a year ago.
zacks.com
Let's look at five biotech and drug companies, AXSM, HALO, FOLD, BMRN and INSM, slated to release their fourth-quarter 2024 results this week.
fool.com
It's only mid-February, but as of this writing biotech company Axsome Therapeutics (AXSM -0.40%) is up by 55% year to date. Substantial stock-market gains over short periods aren't that rare in the industry.
See all news