
Axsome Therapeutics (AXSM) Stock Forecast & Price Target
Axsome Therapeutics (AXSM) Analyst Ratings
Bulls say
Axsome Therapeutics Inc. is positioned favorably due to its innovative approach in the central nervous system (CNS) sector, particularly with its product Auvelity, which is expected to gain traction in the market based on its novel mechanism of action and rapid onset of efficacy in treating major depressive disorder (MDD). The anticipated launch of SYMBRAVO is supported by promising clinical trial results showing statistically significant relief from migraine pain and improved quality of life for patients, which enhances the company’s commercial prospects. Additionally, Axsome's progress in obtaining FDA feedback for the AXS-05 submission for Alzheimer's disease agitation underscores the confidence in its approval pathway, thereby bolstering the overall investment thesis.
Bears say
Axsome Therapeutics faces significant risks that could adversely impact its stock outlook, including lower-than-expected market access for its product AUVELITY and potential setbacks in ongoing clinical trials, particularly for AXS-05. Additionally, the company may struggle to obtain timely approvals for its pipeline candidates AXS-12 and AXS-14, which could hinder future growth opportunities. Compounding these concerns are the implications of possible long-term dilution and increased competition that may lead to lower-than-projected commercial success.
This aggregate rating is based on analysts' research of Axsome Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Axsome Therapeutics (AXSM) Analyst Forecast & Price Prediction
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