1 Under-the-Radar Biotech Stock to Buy and Hold [Yahoo! Finance]
Axsome Therapeutics, Inc. (AXSM)
Last axsome therapeutics, inc. earnings: 3/12 07:00 am
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Source: Yahoo! Finance
Some little-known stocks are worth serious consideration, too. Take Axsome Therapeutics (NASDAQ: AXSM) , a mid-cap biotech company not involved in the rapidly growing area of GLP-1 weight loss drugs. Though it's doing so quietly, this drugmaker has performed more or less in line with the broader market this year, and there are good reasons to believe it could produce strong returns over the long run. Let's dig in. Revenue is ramping up Axsome Therapeutics focuses on developing diseases that affect the central nervous system. The company currently has two products on the market. One is Auvelity, a therapy for depression that earned approval in the U.S. in 2022. The other is Sunosi, which treats excessive sleepiness linked to narcolepsy. Axsome acquired Sunosi from Jazz Pharmaceuticals , also in 2022. Though Axsome's top line isn't too impressive yet, it's growing rapidly. In the second quarter, revenue increased by 87% year over year to $87.2 million. Auvelity's sales of $65 mi
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AXSM
News
- Axsome Therapeutics, Inc. (NASDAQ: AXSM) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Axsome's Q3 Earnings Beat, Auvelity Drives Sales Growth, Stock Up [Yahoo! Finance]Yahoo! Finance
- Axsome Therapeutics, Inc. (NASDAQ: AXSM) had its price target raised by analysts at Robert W. Baird from $112.00 to $116.00. They now have an "outperform" rating on the stock.MarketBeat
- Axsome Therapeutics, Inc. (NASDAQ: AXSM) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Axsome Therapeutics (AXSM) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
AXSM
Earnings
- 11/12/24 - Beat
AXSM
Sec Filings
- 11/20/24 - Form 4
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- AXSM's page on the SEC website