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NASDAQ: AXSM
Axsome Therapeutics Inc Stock Forecast, Predictions & Price Target

Analyst price target for AXSM

Based on 10 analysts offering 12 month price targets for Axsome Therapeutics Inc.
Min Forecast
$103.00+30.1%
Avg Forecast
$126.30+59.53%
Max Forecast
$190.00+139.99%

Should I buy or sell AXSM stock?

Based on 10 analysts offering ratings for Axsome Therapeutics Inc.
Strong Buy
Strong Buy
7 analysts 70%
Buy
3 analysts 30%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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AXSM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-26
lockedlocked$00.00+00.00%2024-03-26
lockedlocked$00.00+00.00%2024-03-26
lockedlocked$00.00+00.00%2024-03-26
lockedlocked$00.00+00.00%2024-03-19
Mizuho
Bottom 7%
7
Strong BuyMaintains$108.00+36.42%2024-02-27
Guggenheim
Top 22%
79
Strong BuyMaintains$125.00+57.89%2024-02-21Find out why
Cantor Fitzgerald
Top 2%
99
Strong BuyMaintains$103.00+30.10%2024-02-21
UBS
Top 24%
77
Strong BuyInitiates Coverage On$111.00+40.20%2024-02-06
Piper Sandler
Top 20%
81
Strong BuyMaintains$113.00+42.73%2024-01-16

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Forecast return on equity

Is AXSM forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
37.5%

Forecast return on assets

Is AXSM forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

AXSM revenue forecast

What is AXSM's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$350.4M+29.49%
Avg 2 year Forecast
$617.1M+128.04%
Avg 3 year Forecast
$916.2M+238.58%
AXSM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

AXSM revenue growth forecast

How is AXSM forecast to perform vs Biotechnology companies and vs the US market?
Company
49.59%
Industry
38.94%
Market
10.52%
AXSM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
AXSM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

AXSM vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
AXSM$79.17$126.30+59.53%Strong Buy
ACLX$70.45$75.70+7.45%Strong Buy
SWTX$50.10$66.60+32.93%Strong Buy
IBRX$5.46$5.00-8.42%Hold
RARE$46.82$88.89+89.85%Strong Buy

Axsome Therapeutics Stock Forecast FAQ

Is Axsome Therapeutics Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: AXSM) stock is to Strong Buy AXSM stock.

Out of 10 analysts, 7 (70%) are recommending AXSM as a Strong Buy, 3 (30%) are recommending AXSM as a Buy, 0 (0%) are recommending AXSM as a Hold, 0 (0%) are recommending AXSM as a Sell, and 0 (0%) are recommending AXSM as a Strong Sell.

If you're new to stock investing, here's how to buy Axsome Therapeutics stock.

What is AXSM's revenue growth forecast for 2024-2026?

(NASDAQ: AXSM) Axsome Therapeutics's forecast annual revenue growth rate of 49.59% is forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 38.94%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.52%.

Axsome Therapeutics's revenue in 2024 is $270,600,000.On average, 7 Wall Street analysts forecast AXSM's revenue for 2024 to be $16,600,312,621, with the lowest AXSM revenue forecast at $15,445,467,481, and the highest AXSM revenue forecast at $17,746,440,875. On average, 7 Wall Street analysts forecast AXSM's revenue for 2025 to be $29,234,063,571, with the lowest AXSM revenue forecast at $25,532,419,406, and the highest AXSM revenue forecast at $35,321,386,513.

In 2026, AXSM is forecast to generate $43,404,544,498 in revenue, with the lowest revenue forecast at $40,661,426,063 and the highest revenue forecast at $47,819,694,125.

What is AXSM's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: AXSM) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is AXSM's Price Target?

According to 10 Wall Street analysts that have issued a 1 year AXSM price target, the average AXSM price target is $126.30, with the highest AXSM stock price forecast at $190.00 and the lowest AXSM stock price forecast at $103.00.

On average, Wall Street analysts predict that Axsome Therapeutics's share price could reach $126.30 by Mar 26, 2025. The average Axsome Therapeutics stock price prediction forecasts a potential upside of 59.53% from the current AXSM share price of $79.17.

What is AXSM's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: AXSM) forecast ROE is N/A, which is considered weak.
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