Axsm stock forecast

Now, that may differ from what maybe we're used to seeing with other companies. However, we think that that's the right way to run the business. For bargain investors seeking to buy the dip, AXSM stock might be a great opportunity. At the current price, AXSM stock trades more than 73 percent below its 52-week high. Axsome thinks that its cash position of $141.2 million as of June 30, along with a $225 million term loan arrangement, will be adequate to support operations until 2024. Recent options activity in AXSM shows elevated call buying at the $75 strike, reflecting sentiment for potential upward moves ahead of key catalysts.