Axsome Therapeutics (AXSM) Stock Forecast, Price Target & Predictions


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AXSM Stock Forecast


Axsome Therapeutics stock forecast is as follows: an average price target of $117.83 (represents a 35.05% upside from AXSM’s last price of $87.25) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

AXSM Price Target


The average price target for Axsome Therapeutics (AXSM) is $117.83 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $180.00 to $80.00. This represents a potential 35.05% upside from AXSM's last price of $87.25.

AXSM Analyst Ratings


Buy

According to 14 Wall Street analysts, Axsome Therapeutics's rating consensus is 'Buy'. The analyst rating breakdown for AXSM stock is 0 'Strong Buy' (0.00%), 13 'Buy' (92.86%), 1 'Hold' (7.14%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Axsome Therapeutics Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 11, 2024Graig SuvannavejhMizuho Securities$106.00$90.5817.03%21.49%
Sep 03, 2024Cerena ChenWells Fargo$140.00$88.8657.55%60.46%
Aug 06, 2024Raghuram SelvarajuH.C. Wainwright$180.00$83.21116.32%106.30%
Aug 06, 2024Jason GerberryBank of America Securities$106.00$83.9326.30%21.49%
Jul 22, 2024Leonid TimashevRBC Capital$131.00$84.8554.39%50.14%
Jun 05, 2024Leonid TimashevRBC Capital$130.00$72.2479.96%49.00%
May 28, 2024David AmsellemPiper Sandler$115.00$75.1952.95%31.81%
Apr 29, 2024Vikram PurohitMorgan Stanley$115.00$74.1455.11%31.81%
Mar 28, 2024Graig SuvannavejhMizuho Securities$109.00$79.1737.68%24.93%
Mar 18, 2024Joel BeattyRobert W. Baird$108.00$72.5448.88%23.78%
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The latest Axsome Therapeutics stock forecast, released on Sep 11, 2024 by Graig Suvannavejh from Mizuho Securities, set a price target of $106.00, which represents a 17.03% increase from the stock price at the time of the forecast ($90.58), and a 21.49% increase from AXSM last price ($87.25).

Axsome Therapeutics Price Target by Period


1M3M12M
# Anlaysts-410
Avg Price Target-$133.00$124.00
Last Closing Price$87.25$87.25$87.25
Upside/Downside-100.00%52.44%42.12%

In the current month, the average price target of Axsome Therapeutics stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Axsome Therapeutics's last price of $87.25. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 04, 2024Wells FargoBuyBuyHold
Oct 04, 2024UBSUnderperformUnderperformHold
Sep 16, 2024Cowen & Co.BuyBuyHold
Sep 09, 2024UBSUnderperformUnderperformHold
Sep 09, 2024Wells FargoBuyBuyHold
Sep 05, 2024H.C. WainwrightBuyBuyHold
Sep 03, 2024Wells FargoBuyOverweightInitialise
Aug 23, 2024Morgan StanleyOverweightOverweightHold
Aug 22, 2024UBSBuyBuyHold
Aug 22, 2024RBC CapitalUnderperformUnderperformHold
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Axsome Therapeutics's last stock rating was published by Wells Fargo on Oct 04, 2024. The company gave AXSM a "Buy" rating, the same as its previous rate.

Axsome Therapeutics Financial Forecast


Axsome Therapeutics Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
Revenue-------------$57.79M$46.70M$94.58M$24.37M$16.85M$8.82M
Avg Forecast$383.21M$330.84M$280.26M$213.88M$201.06M$158.22M$135.07M$115.39M$112.92M$98.37M$86.92M$73.29M$69.24M$54.87M$40.88M$25.47M$21.75M$16.64M$6.92M
High Forecast$383.21M$330.84M$280.26M$213.88M$201.06M$158.22M$135.07M$115.39M$112.92M$104.03M$86.92M$73.29M$70.60M$60.04M$40.88M$25.47M$21.75M$16.64M$6.92M
Low Forecast$383.21M$330.84M$280.26M$213.88M$201.06M$158.22M$135.07M$115.39M$112.92M$93.58M$86.92M$73.29M$66.51M$48.88M$40.88M$25.47M$21.75M$16.64M$6.92M
# Analysts1075585448115471099888
Surprise %-------------1.05%1.14%3.71%1.12%1.01%1.27%

Axsome Therapeutics's average Quarter revenue forecast for Dec 23 based on 7 analysts is $69.24M, with a low forecast of $66.51M, and a high forecast of $70.60M. AXSM's average Quarter revenue forecast represents a 19.81% increase compared to the company's last Quarter revenue of $57.79M (Sep 23).

Axsome Therapeutics EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts1075585448115471099888
EBITDA-------------$-62.12M$-65.06M$-4.96M$-53.70M$-40.49M$-38.77M
Avg Forecast$103.42M$89.28M$75.63M$57.72M$54.26M$42.70M$36.45M$31.14M$30.47M$26.55M$23.46M$19.78M$18.69M$14.81M$11.03M$6.87M$5.87M$4.49M$1.87M
High Forecast$103.42M$89.28M$75.63M$57.72M$54.26M$42.70M$36.45M$31.14M$30.47M$28.07M$23.46M$19.78M$19.05M$16.20M$11.03M$6.87M$5.87M$4.49M$1.87M
Low Forecast$103.42M$89.28M$75.63M$57.72M$54.26M$42.70M$36.45M$31.14M$30.47M$25.25M$23.46M$19.78M$17.95M$13.19M$11.03M$6.87M$5.87M$4.49M$1.87M
Surprise %--------------4.20%-5.90%-0.72%-9.15%-9.02%-20.77%

undefined analysts predict AXSM's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Axsome Therapeutics's previous annual EBITDA (undefined) of $NaN.

Axsome Therapeutics Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts1075585448115471099888
Net Income-------------$-62.20M$-67.17M$-11.22M$-66.76M$-47.23M$-42.84M
Avg Forecast$122.06M$87.59M$54.59M$12.48M$8.43M$-18.85M$-36.24M$-50.07M$-54.19M$-65.82M$-62.19M$-57.30M$-55.73M$-57.24M$-57.73M$-62.03M$-53.56M$-49.96M$-47.86M
High Forecast$122.06M$87.59M$54.59M$12.48M$8.43M$-18.85M$-36.24M$-50.07M$-54.19M$-44.83M$-62.19M$-57.30M$-49.74M$-44.74M$-57.73M$-62.03M$-53.56M$-49.96M$-47.86M
Low Forecast$122.06M$87.59M$54.59M$12.48M$8.43M$-18.85M$-36.24M$-50.07M$-54.19M$-75.83M$-62.19M$-57.30M$-67.24M$-63.98M$-57.73M$-62.03M$-53.56M$-49.96M$-47.86M
Surprise %-------------1.09%1.16%0.18%1.25%0.95%0.89%

Axsome Therapeutics's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. AXSM's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Axsome Therapeutics SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts1075585448115471099888
SG&A-------------$83.19M$78.94M$74.19M$61.50M$40.89M$31.16M
Avg Forecast$565.37M$488.11M$413.48M$315.55M$296.64M$233.44M$199.28M$170.24M$166.60M$145.13M$128.24M$108.13M$102.16M$80.95M$60.31M$37.58M$32.09M$24.54M$10.21M
High Forecast$565.37M$488.11M$413.48M$315.55M$296.64M$233.44M$199.28M$170.24M$166.60M$153.48M$128.24M$108.13M$104.16M$88.57M$60.31M$37.58M$32.09M$24.54M$10.21M
Low Forecast$565.37M$488.11M$413.48M$315.55M$296.64M$233.44M$199.28M$170.24M$166.60M$138.06M$128.24M$108.13M$98.12M$72.12M$60.31M$37.58M$32.09M$24.54M$10.21M
Surprise %-------------1.03%1.31%1.97%1.92%1.67%3.05%

Axsome Therapeutics's average Quarter SG&A projection for Dec 23 is $102.16M, based on 7 Wall Street analysts, with a range of $98.12M to $104.16M. The forecast indicates a 22.80% rise compared to AXSM last annual SG&A of $83.19M (Sep 23).

Axsome Therapeutics EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts1075585448115471099888
EPS-------------$-1.32$-0.00$-0.26$-1.54$-1.13$-1.10
Avg Forecast$2.57$1.84$1.15$0.26$0.18$-0.40$-0.76$-1.05$-1.14$-1.38$-1.31$-1.20$-1.17$-1.20$-1.21$-1.30$-1.13$-1.05$-1.01
High Forecast$2.57$1.84$1.15$0.26$0.18$-0.40$-0.76$-1.05$-1.14$-0.94$-1.31$-1.20$-1.05$-0.94$-1.21$-1.30$-1.13$-1.05$-1.01
Low Forecast$2.57$1.84$1.15$0.26$0.18$-0.40$-0.76$-1.05$-1.14$-1.59$-1.31$-1.20$-1.41$-1.34$-1.21$-1.30$-1.13$-1.05$-1.01
Surprise %-------------1.10%0.00%0.20%1.37%1.08%1.09%

According to undefined Wall Street analysts, Axsome Therapeutics's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to AXSM previous annual EPS of $NaN (undefined).

Axsome Therapeutics Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HEPAHepion Pharmaceuticals$0.63$70.0011011.11%Buy
PDSBPDS Bio$3.23$9.00178.64%Buy
DAWNDay One Biopharmaceuticals$14.81$38.80161.99%Buy
TERNTerns Pharmaceuticals$7.10$14.25100.70%Buy
ACADACADIA Pharmaceuticals$14.62$26.5781.74%Buy
VKTXViking Therapeutics$63.14$100.5059.17%Buy
MCRBSeres Therapeutics$0.81$1.2554.32%Buy
AKROAkero Therapeutics$32.05$46.0043.53%Buy
SRPTSarepta Therapeutics$123.07$169.6337.83%Buy
AXSMAxsome Therapeutics$87.25$117.8335.05%Buy
BPMCBlueprint Medicines$91.88$109.7119.41%Buy
INCYIncyte$75.75$84.5611.63%Buy
TGTXTG Therapeutics$24.36$26.408.37%Buy
MDGLMadrigal Pharmaceuticals$331.32$315.75-4.70%Buy
AMLXAmylyx Pharmaceuticals$5.70$5.33-6.49%Buy

AXSM Forecast FAQ


Yes, according to 14 Wall Street analysts, Axsome Therapeutics (AXSM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 92.86% of AXSM's total ratings.

Axsome Therapeutics (AXSM) average price target is $117.83 with a range of $80 to $180, implying a 35.05% from its last price of $87.25. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for AXSM stock, the company can go up by 35.05% (from the last price of $87.25 to the average price target of $117.83), up by 106.30% based on the highest stock price target, and down by -8.31% based on the lowest stock price target.

AXSM's highest twelve months analyst stock price target of $180 supports the claim that Axsome Therapeutics can reach $130 in the near future.

Axsome Therapeutics's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $609.74M (high $609.74M, low $609.74M), average EBITDA is $164.55M (high $164.55M, low $164.55M), average net income is $-96.734M (high $-96.734M, low $-96.734M), average SG&A $899.59M (high $899.59M, low $899.59M), and average EPS is $-2.033 (high $-2.033, low $-2.033). AXSM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.21B (high $1.21B, low $1.21B), average EBITDA is $326.05M (high $326.05M, low $326.05M), average net income is $276.72M (high $276.72M, low $276.72M), average SG&A $1.78B (high $1.78B, low $1.78B), and average EPS is $5.82 (high $5.82, low $5.82).

Based on Axsome Therapeutics's last annual report (Dec 2022), the company's revenue was $50.04M, beating the average analysts forecast of $45.31M by 10.44%. Apple's EBITDA was $-171M, missing the average prediction of $12.23M by -1498.01%. The company's net income was $-198M, beating the average estimation of $-151M by 30.64%. Apple's SG&A was $159.25M, beating the average forecast of $66.85M by 138.24%. Lastly, the company's EPS was $-4.86, beating the average prediction of $-3.182 by 52.73%. In terms of the last quarterly report (Sep 2023), Axsome Therapeutics's revenue was $57.79M, beating the average analysts' forecast of $54.87M by 5.33%. The company's EBITDA was $-62.12M, missing the average prediction of $14.81M by -519.53%. Axsome Therapeutics's net income was $-62.199M, beating the average estimation of $-57.244M by 8.66%. The company's SG&A was $83.19M, beating the average forecast of $80.95M by 2.76%. Lastly, the company's EPS was $-1.32, beating the average prediction of $-1.203 by 9.70%