Peeling Back The Layers: Exploring Axsome Therapeutics Through Analyst Insights

Axsome Therapeutics, Inc. -1.42%

Axsome Therapeutics, Inc.

AXSM

83.74

-1.42%

Providing a diverse range of perspectives from bullish to bearish, 18 analysts have published ratings on Axsome Therapeutics (NASDAQ:AXSM) in the last three months.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 11 7 0 0 0
Last 30D 0 1 0 0 0
1M Ago 1 1 0 0 0
2M Ago 6 2 0 0 0
3M Ago 4 3 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $131.89, a high estimate of $190.00, and a low estimate of $103.00. This current average has increased by 6.52% from the previous average price target of $123.82.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

A clear picture of Axsome Therapeutics's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Vikram Purohit Morgan Stanley Raises Overweight $115.00 $90.00
Charles Duncan Cantor Fitzgerald Maintains Overweight $107.00 -
Raghuram Selvaraju HC Wainwright & Co. Maintains Buy $190.00 $190.00
Graig Suvannavejh Mizuho Raises Buy $109.00 $108.00
Joon Lee Truist Securities Maintains Buy $150.00 -
Leonid Timashev RBC Capital Raises Outperform $128.00 $123.00
David Hoang Citigroup Raises Buy $127.00 $125.00
Raghuram Selvaraju HC Wainwright & Co. Raises Buy $190.00 $180.00
Raghuram Selvaraju HC Wainwright & Co. Maintains Buy $180.00 -
Joel Beatty Baird Announces Outperform $108.00 -
Raghuram Selvaraju HC Wainwright & Co. Maintains Buy $180.00 -
Graig Suvannavejh Mizuho Lowers Buy $108.00 $112.00
Yatin Suneja Guggenheim Raises Buy $125.00 $110.00
Leonid Timashev RBC Capital Lowers Outperform $123.00 $126.00
Charles Duncan Cantor Fitzgerald Lowers Overweight $103.00 $108.00
Charles Duncan Cantor Fitzgerald Maintains Overweight $108.00 -
Graig Suvannavejh Mizuho Raises Buy $112.00 $90.00
Ashwani Verma UBS Announces Buy $111.00 -

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Axsome Therapeutics. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Axsome Therapeutics compared to the broader market.
  • Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Axsome Therapeutics's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Axsome Therapeutics analyst ratings.

Get to Know Axsome Therapeutics Better

Axsome Therapeutics Inc is a clinical-stage biopharmaceutical company. It is engaged in developing novel therapies for the management of the central nervous system, or CNS, disorders for which there are limited treatment options. Its pipeline products include AXS-05, AXS-07, AXS-12, and AXS-14. It manages its business as one operating segment and reporting unit, which is the business of developing and delivering novel therapies for the management of CNS disorders.

Axsome Therapeutics: Delving into Financials

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Growth: Over the 3 months period, Axsome Therapeutics showcased positive performance, achieving a revenue growth rate of 193.5% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Health Care sector.

Net Margin: Axsome Therapeutics's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -137.92%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Axsome Therapeutics's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -42.85%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Axsome Therapeutics's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -16.59%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Axsome Therapeutics's debt-to-equity ratio is below the industry average at 0.98, reflecting a lower dependency on debt financing and a more conservative financial approach.

What Are Analyst Ratings?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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