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Axsome Therapeutics Inc has a consensus price target of $117.61 based on the ratings of 18 analysts. The high is $180 issued by HC Wainwright & Co. on September 5, 2024. The low is $85 issued by SVB Leerink on November 29, 2022. The 3 most-recent analyst ratings were released by Baird, Needham, and Needham on November 13, 2024, November 13, 2024, and November 12, 2024, respectively. With an average price target of $125.33 between Baird, Needham, and Needham, there's an implied 27.64% upside for Axsome Therapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Axsome Therapeutics (NASDAQ:AXSM) was reported by Baird on November 13, 2024. The analyst firm set a price target for $116.00 expecting AXSM to rise to within 12 months (a possible 18.14% upside). 54 analyst firms have reported ratings in the last year.
The latest analyst rating for Axsome Therapeutics (NASDAQ:AXSM) was provided by Baird, and Axsome Therapeutics maintained their outperform rating.
The last upgrade for Axsome Therapeutics Inc happened on August 6, 2024 when B of A Securities raised their price target to $106. B of A Securities previously had a neutral for Axsome Therapeutics Inc.
There is no last downgrade for Axsome Therapeutics.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Axsome Therapeutics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Axsome Therapeutics was filed on November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.
While ratings are subjective and will change, the latest Axsome Therapeutics (AXSM) rating was a maintained with a price target of $112.00 to $116.00. The current price Axsome Therapeutics (AXSM) is trading at is $98.19, which is out of the analyst’s predicted range.
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