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Axsome Therapeutics, Inc. (AXSM)

143.51 +1.31 (+0.92%)
At close: October 28 at 4:00:01 PM EDT
143.47 -0.04 (-0.03%)
Overnight: 9:30:19 PM EDT
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11m ago
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Axsome Therapeutics enters its November 2 earnings report with strong commercial growth but continuing losses. Auvelity remains the central revenue driver, while Alzheimer’s agitation expansion and late-stage pipeline programs create additional growth opportunities. The main near-term focus is whether revenue growth can narrow losses and support continued commercialization spending.

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  • Previous Close 142.20
  • Open 141.60
  • Bid 170.52 x 200
  • Ask 259.20 x 200
  • Day's Range 140.49 - 144.14
  • 52 Week Range 123.50 - 260.19
  • Volume 738,719
  • Avg. Volume 755,580
  • Market Cap (intraday) 7.517B
  • Beta (5Y Monthly) 0.85
  • PE Ratio (TTM) --
  • EPS (TTM) -3.74
  • Earnings Date Nov 2, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 279.38
  • Zacks Rating Neutral

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 agonist, and 5-HT1A agonist indicated for the treatment of excessive daytime sleepiness in patients with narcolepsy or obstructive sleep apnea; and Symbravo (MoSEIC meloxicam rizatriptan), or AXS-07, a rapidly absorbed, multi-mechanistic, selective COX-2 inhibitor, and 5-HT1B/1D agonist indicated for the acute treatment of migraine with or without aura. It also develops AXS-05 (dextromethorphan-bupropion), an investigational N-methyl-D-aspartate receptor antagonist, which has completed Phase III clinical trial to treat Alzheimer's disease agitation, as well as that has completed phase II clinical trial for the treatment of smoking cessation; AXS-12 (reboxetine), a highly selective and potent norepinephrine reuptake inhibitor and cortical dopamine modulator, which has completed Phase II trial to treat narcolepsy; AXS-14 (esreboxetine), a selective and potent norepinephrine reuptake inhibitor that has completed Phase III trial for the treatment of fibromyalgia and other conditions; and Solriamfetol, a dopamine and norepinephrine reuptake inhibitor, which is in Phase III trial for treating attention deficit hyperactivity, major depressive, binge eating, and excessive sleepiness associated with shift work disorder. It has a research collaboration agreement with Duke University for evaluating AXS-05 in a Phase 2 clinical trial in smoking cessation treatment. The company was incorporated in 2012 and is based in New York, New York.

www.axsome.com

1,346

Full Time Employees

December 31

Fiscal Year Ends

Healthcare

Sector

Biotechnology

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

AXSM
21.42%
S&P 500 (^GSPC)
13.13%

1-Year Return

AXSM
7.49%
S&P 500 (^GSPC)
12.38%

3-Year Return

AXSM
131.17%
S&P 500 (^GSPC)
88.08%

5-Year Return

AXSM
262.03%
S&P 500 (^GSPC)
68.48%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 218.38M
Earnings -51.31M
Profit Margin -23.50%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
100M
200M
-30.0%
-25.0%
-20.0%
-15.0%

Analyst Insights

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Analyst Price Targets

238.00
279.38 Average
143.51 Current
380.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/26/2026
Analyst Piper Sandler
Rating Action Maintains
Rating Overweight
Price Action Lowers
Price Target 258 -> 238

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -24.68%

  • Return on Assets (ttm)

    -16.31%

  • Return on Equity (ttm)

    -245.10%

  • Revenue (ttm)

    776.57M

  • Net Income Avi to Common (ttm)

    -191.64M

  • Diluted EPS (ttm)

    -3.74

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    319.85M

  • Total Debt/Equity (mrq)

    269.73%

  • Levered Free Cash Flow (ttm)

    -4.58M

Company Insights

Research Reports

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