Axsome Therapeutics, Inc. (AXSM)
| Market Cap | 10.88B +87.0% |
| Revenue (ttm) | 776.57M +56.9% |
| Net Income | -191.64M |
| EPS | -3.76 |
| Shares Out | 52.38M |
| PE Ratio | n/a |
| Forward PE | 1,081.67 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 846,277 |
| Open | 212.05 |
| Previous Close | 214.28 |
| Day's Range | 206.92 - 213.27 |
| 52-Week Range | 114.91 - 260.19 |
| Beta | 0.71 |
| Analysts | Strong Buy |
| Price Target | 285.42 (+37.37%) |
| Earnings Date | Nov 2, 2026 |
About AXSM
Axsome Therapeutics, Inc., a biopharmaceutical company, develops and delivers novel therapies for the management of 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, sigma-1 receptor agonist, aminoketone, and CYP2D6 inhibitor indicated for the treatment of major depressive disorder in adults; Sunosi (solriamfetol), a dopamine and norepinephrine reuptake inhibitor, trace amine-associated receptor 1 ago... [Read more]
Financial Performance
In 2025, Axsome Therapeutics's revenue was $638.50 million, an increase of 65.55% compared to the previous year's $385.69 million. Losses were -$183.17 million, -36.22% less than in 2024.
Financial StatementsAnalyst Summary
According to 21 analysts, the average rating for AXSM stock is "Strong Buy." The 12-month stock price target is $285.42, which is an increase of 37.37% from the latest price.
News
Axsome Therapeutics Presents Ten Posters Exemplifying its Innovative Psychiatry and Neurology Portfolio at Psych Congress 2026
NEW YORK, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, today a...
Axsome Therapeutics Transcript: H.C. Wainwright 28th Annual Global Investment Conference
Q2 revenue grew 46% year-over-year to $218.4 million, driven by Auvelity's strong performance and expanded indications. The pipeline remains robust with seven ongoing trials and an NDA under review, while exclusivity for key products extends into the late 2030s and 2040s.
Axsome Therapeutics Transcript: Morgan Stanley 24th Annual Global Healthcare Conference
China-originated innovation and AI are shaping R&D and commercial operations, while AUVELITY's launch shows strong growth, especially in the Medicare 65+ segment. Conservative market assumptions support an $8 billion peak sales target, with robust pipeline progress and a clear path to profitability.
Axsome Therapeutics Transcript: 12th Annual Cantor Fitzgerald Global Healthcare Conference
The conference highlighted robust commercial momentum for AUVELITY in MDD and Alzheimer's agitation, with significant sales force expansion and strong early feedback. Multiple late-stage pipeline catalysts are expected through 2026–2027, and broad market access supports continued growth.
Axsome Therapeutics Transcript: Wells Fargo 21st Annual Healthcare Conference
Robust commercial growth is driven by AUVELITY's expanded sales force and new Alzheimer's agitation indication, with strong Medicare coverage and early positive feedback. The late-stage pipeline includes multiple phase III trials, and financials show a strong cash position and improving gross-to-net trends. Capital allocation focuses on top-line growth and strategic business development.
Axsome Therapeutics to Participate in Upcoming Investor Conferences
NEW YORK, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, today a...
Axsome Therapeutics Initiates SUMMIT Phase 3 Trial of AXS-05 in Smoking Cessation
NEW YORK, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, today an...
Axsome Therapeutics price target raised to $316 from $306 at Mizuho
Mizuho analyst Graig Suvannavejh raised the firm’s price target on Axsome Therapeutics (AXSM) to $316 from $306 and keeps an Outperform rating on the shares. The firm views the stock…
Axsome Therapeutics price target lowered to $297 from $304 at RBC Capital
RBC Capital analyst Leonid Timashev lowered the firm’s price target on Axsome Therapeutics (AXSM) to $297 from $304 and keeps an Outperform rating on the shares after the firm’s catch…
Axsome Therapeutics price target raised to $251 from $242 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Axsome Therapeutics (AXSM) to $251 from $242 and keeps an Equal Weight rating on the shares. The firm adjusted its estimates following…
Axsome Therapeutics price target raised to $275 from $260 at Guggenheim
Guggenheim raised the firm’s price target on Axsome Therapeutics (AXSM) to $275 from $260 and keeps a Buy rating on the shares, citing Axsome’s continued strong product performance, a growing…
Axsome Therapeutics price target raised to $256 from $255 at Wells Fargo
Wells Fargo raised the firm’s price target on Axsome Therapeutics (AXSM) to $256 from $255 and keeps an Overweight rating on the shares. The firm notes the uptake of Auvelity…
Axsome Therapeutics Earnings Call Transcript: Q2 2026
Q2 2026 saw 46% revenue growth to $218M, led by AUVELITY and SUNOSI, with AUVELITY's Alzheimer's agitation launch driving strong new-to-brand prescription growth. The neuroscience pipeline advanced, and cash reserves of $320M are expected to fund operations into profitability.
Axsome Therapeutics Earnings release: Q2 2026
Axsome Therapeutics released its Q2 2026 earnings on August 10, 2026, summarizing the period's financial results.
Axsome Therapeutics Slides: Q2 2026
Axsome Therapeutics has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 10, 2026.
Axsome Therapeutics Quarterly report: Q2 2026
Axsome Therapeutics has published its Q2 2026 quarterly earnings report on August 10, 2026.
Axsome Therapeutics reports Q2 EPS (99c), consensus (85c)
Reports Q2 revenue $218.38M, consensus $221.78M. “The second quarter was highly productive for Axsome. Our commercial business grew robustly, driven by strong underlying demand for our products, and w...
Axsome Therapeutics Reports Second Quarter 2026 Financial Results and Provides Business Update
Total 2Q 2026 net product revenue of $218.4 million, representing 46% year-over-year growth AUVELITY® 2Q 2026 net product sales of $180.3 million, representing 51% year-over-year growth SUNOSI® 2Q 202...
Axsome Therapeutics price target lowered to $306 from $310 at Mizuho
Mizuho lowered the firm’s price target on Axsome Therapeutics (AXSM) to $306 from $310 and keeps an Outperform rating on the shares.
Axsome Therapeutics initiated with an Outperform at BMO Capital
BMO Capital analyst Malcolm Hoffman initiated coverage of Axsome Therapeutics (AXSM) with an Outperform rating and $310 price target The firm says the recent approval of Axsome’s Auvelity in Agitation...
Axsome Therapeutics initiated with an Outperform at BMO Capital
BMO Capital initiated coverage of Axsome Therapeutics (AXSM) with an Outperform rating and $310 price target
Axsome Therapeutics announces FDA acceptance of AXS-12 NDA
Axsome Therapeutics (AXSM) announced that the FDA has accepted for filing the company’s new drug application for AXS-12 for the treatment of cataplexy in narcolepsy. The FDA has set a…
Axsome Therapeutics Announces FDA Acceptance of New Drug Application for AXS-12 for the Treatment of Cataplexy in Narcolepsy
FDA sets PDUFA target action date of May 1, 2027 NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company leading a new era in the treatment of...
Axsome Therapeutics to Report Second Quarter 2026 Financial Results on August 10
NEW YORK, July 14, 2026 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, today an...
Axsome Therapeutics price target raised to $304 from $302 at RBC Capital
RBC Capital analyst Leonid Timashev raised the firm’s price target on Axsome Therapeutics (AXSM) to $304 from $302 and keeps an Outperform rating on the shares as part of a…