
Axsome Therapeutics (AXSM) Stock Forecast & Price Target
Axsome Therapeutics (AXSM) Analyst Ratings
Bulls say
Axsome Therapeutics is positioned positively due to the strong expected momentum of its novel therapy Auvelity in treating major depressive disorder (MDD), supported by its unique mechanism of action and rapid onset of efficacy, along with anticipated enhancements in payor coverage. The company has received formal engagement from the FDA regarding the sNDA submission for AXS-05 aimed at alleviating agitation associated with Alzheimer's disease, bolstering confidence in the adequacy of their clinical data package for regulatory approval. Additionally, the promising results from their SYMBRAVO launch, demonstrating significant relief of migraine pain and improved quality of life in patients, further strengthen the company's growth outlook in the competitive CNS disorder market.
Bears say
Axsome Therapeutics faces several significant risks that contribute to a negative outlook on its stock, including potential lower-than-expected market access for its product AUVELITY and setbacks in clinical trials for key drugs like AXS-05. The company may struggle to secure timely regulatory approvals for its pipeline candidates AXS-12 and AXS-14, which could hinder its growth prospects and overall market presence. Moreover, the threat of increased competition and the risk of long-term dilution could negatively impact commercial success and shareholder value.
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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