AXSM

Axsome Therapeutics, Inc.

56
Fundamentals72/ 100
Valuation50/ 100
Upside potential58/ 100
Risk potential23/ 100

AXSM has lower modeled downside risk, despite its lower overall score.

OSCR

Oscar Health, Inc.

69
Fundamentals85/ 100
Valuation50/ 100
Upside potential61/ 100
Risk potential35/ 100

OSCR has the edge over AXSM overall, supported by stronger fundamentals and stronger modeled upside.

AXSM Fundamentals

MetricStatus
Healthy
Under pressure
Under pressure
Unavailable

AXSM's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.

OSCR Fundamentals

MetricStatus
Strong
Healthy
Strong
Strong

OSCR's revenue, profitability, cash flow and balance sheet are all currently healthy.

AXSM PE Valuation

AXSM has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 83x next year's earnings.

OSCR PE Valuation

CHEAPFAIREXPENSIVE41x83x124x166x
CHEAPFAIREXPENSIVE41x83x124x166x
LevelPEPriceVs current
Forward12x$31.94—
Current13x$31.94—
Cheap21x$52.73+65%
Fair35x$87.23+173%
Expensive130x$322+907%

Historical ranges are pointers, not guarantees.

OSCR's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.

AXSM Forward outlook

MetricOutlook
--
Returning to profit
Strong growth
Strongly improving
Limited
Low

Analysts expect AXSM to return to profit, with revenue growing. However, they disagree widely on these estimates.

OSCR Forward outlook

MetricOutlook
Improving
Strong growth
Strong growth
Strongly improving
Limited
Moderate

Analysts expect strong earnings and revenue growth for OSCR, with profitability improving.

AXSM Risk to reward

ScenarioChangePrice
Upside+32%$191.10
Downside-23%$111.05

Calculated from the latest close: $144.37 on Nov 12.

AXSM trails OSCR on modeled risk to reward, with less potential upside relative to its potential downside.

OSCR Risk to reward

ScenarioChangePrice
Upside+55%$49.45
Downside-35%$20.78

Calculated from the latest close: $31.94 on Nov 12.

OSCR has a better modeled risk to reward balance than AXSM, with more potential upside relative to its potential downside.

AXSM Earnings Per Share

Q4 2023: $-5.27Q1 2024: $-6.45Q2 2024: $-6.58Q3 2024: $-6.60Q4 2024: $-5.99Q1 2025: $-5.77Q2 2025: $-5.07Q3 2025: $-4.67Q4 2025: $-3.68Q1 2026: $-3.72Q2 2026: $-3.74Q3 2026: $-3.05Forward: $1.74
Q4 2023: $-5.27Q1 2024: $-6.45Q2 2024: $-6.58Q3 2024: $-6.60Q4 2024: $-5.99Q1 2025: $-5.77Q2 2025: $-5.07Q3 2025: $-4.67Q4 2025: $-3.68Q1 2026: $-3.72Q2 2026: $-3.74Q3 2026: $-3.05Forward: $1.74
QuarterTTM EPSYoY
Forward$1.74—
Q3 2026-$3.05+$1.62
Q2 2026-$3.74+$1.33
Q1 2026-$3.72+$2.05
Q4 2025-$3.68+$2.31
Q3 2025-$4.67+$1.93
Q2 2025-$5.07+$1.51
Q1 2025-$5.77+$0.68
Q4 2024-$5.99-$0.72

AXSM is still losing money, but far less than before: $3.05 per share over the past year, against $6.60 at its worst in late 2024.

OSCR Earnings Per Share

Q4 2023: $-1.22Q1 2024: $-0.42Q2 2024: $-0.15Q3 2024: $-0.08Q4 2024: $0.10Q1 2025: $0.40Q2 2025: $-0.69Q3 2025: $-1.00Q4 2025: $-1.69Q1 2026: $-0.54Q2 2026: $1.45Q3 2026: $2.47Forward: $2.61
Q4 2023: $-1.22Q1 2024: $-0.42Q2 2024: $-0.15Q3 2024: $-0.08Q4 2024: $0.10Q1 2025: $0.40Q2 2025: $-0.69Q3 2025: $-1.00Q4 2025: $-1.69Q1 2026: $-0.54Q2 2026: $1.45Q3 2026: $2.47Forward: $2.61
QuarterTTM EPSYoY
Forward$2.61+5.6%
Q3 2026$2.47+$3.47
Q2 2026$1.45+$2.14
Q1 2026-$0.54-235%
Q4 2025-$1.69-1790%
Q3 2025-$1.00-$0.92
Q2 2025-$0.69-$0.54
Q1 2025$0.40+$0.82
Q4 2024$0.10+$1.32

OSCR has the edge over AXSM on earnings quality, reporting a profit while its opponent remains loss making.

AXSM Quarterly Revenue

Q4 2023: $72MQ1 2024: $75MQ2 2024: $87MQ3 2024: $105MQ4 2024: $119MQ1 2025: $121MQ2 2025: $150MQ3 2025: $171MQ4 2025: $196MQ1 2026: $191MQ2 2026: $218MQ3 2026: $260M
Q4 2023: $72MQ1 2024: $75MQ2 2024: $87MQ3 2024: $105MQ4 2024: $119MQ1 2025: $121MQ2 2025: $150MQ3 2025: $171MQ4 2025: $196MQ1 2026: $191MQ2 2026: $218MQ3 2026: $260M
QuarterRevenueYoY
Q3 2026$259.7M+52%
Q2 2026$218.4M+46%
Q1 2026$191.2M+57%
Q4 2025$196M+65%
Q3 2025$171M+63%
Q2 2025$150M+72%
Q1 2025$121.5M+62%
Q4 2024$118.8M+66%

AXSM has the edge over OSCR on sales, with stronger typical year-over-year growth.

OSCR Quarterly Revenue

Q4 2023: $1.4BQ1 2024: $2.1BQ2 2024: $2.2BQ3 2024: $2.4BQ4 2024: $2.4BQ1 2025: $3BQ2 2025: $2.9BQ3 2025: $3BQ4 2025: $2.8BQ1 2026: $4.6BQ2 2026: $4.9BQ3 2026: $5.1B
Q4 2023: $1.4BQ1 2024: $2.1BQ2 2024: $2.2BQ3 2024: $2.4BQ4 2024: $2.4BQ1 2025: $3BQ2 2025: $2.9BQ3 2025: $3BQ4 2025: $2.8BQ1 2026: $4.6BQ2 2026: $4.9BQ3 2026: $5.1B
QuarterRevenueYoY
Q3 2026$5.1B+72%
Q2 2026$4.9B+70%
Q1 2026$4.6B+53%
Q4 2025$2.8B+17%
Q3 2025$3B+23%
Q2 2025$2.9B+29%
Q1 2025$3B+42%
Q4 2024$2.4B+67%

OSCR's revenue has grown year over year every quarter since early 2021: $5.1B last quarter, up 72% from the same quarter a year ago.

AXSM Free Cash Flow

Q4 2023: −$30MQ1 2024: −$54MQ2 2024: −$30MQ3 2024: −$19MQ4 2024: −$26MQ1 2025: −$44MQ2 2025: −$32MQ3 2025: $988,000Q4 2025: −$19MQ1 2026: −$21MQ2 2026: −$33MQ3 2026: −$10M
Q4 2023: −$30MQ1 2024: −$54MQ2 2024: −$30MQ3 2024: −$19MQ4 2024: −$26MQ1 2025: −$44MQ2 2025: −$32MQ3 2025: $988,000Q4 2025: −$19MQ1 2026: −$21MQ2 2026: −$33MQ3 2026: −$10M
QuarterFree cash flowYoY
Q3 2026-$9.7M-1078%
Q2 2026-$33.4M-$966K
Q1 2026-$20.8M+$22.9M
Q4 2025-$18.7M+$7.5M
Q3 2025$988K+$19.7M
Q2 2025-$32.4M-$2.3M
Q1 2025-$43.7M+$9.9M
Q4 2024-$26.2M+$4.1M

AXSM has burned cash in almost every quarter: −$83M over the past year, against −$101M the year before.

OSCR Free Cash Flow

Q4 2023: $291MQ1 2024: $628MQ2 2024: $490MQ3 2024: −$508MQ4 2024: $340MQ1 2025: $870MQ2 2025: $500MQ3 2025: −$974MQ4 2025: $663MQ1 2026: $2.6BQ2 2026: $2.1BQ3 2026: −$1.2B
Q4 2023: $291MQ1 2024: $628MQ2 2024: $490MQ3 2024: −$508MQ4 2024: $340MQ1 2025: $870MQ2 2025: $500MQ3 2025: −$974MQ4 2025: $663MQ1 2026: $2.6BQ2 2026: $2.1BQ3 2026: −$1.2B
QuarterFree cash flowYoY
Q3 2026-$1.2B-$238.2M
Q2 2026$2.1B+316%
Q1 2026$2.6B+200%
Q4 2025$662.8M+95%
Q3 2025-$973.7M-$466M
Q2 2025$499.8M+2.1%
Q1 2025$869.5M+38%
Q4 2024$340M+17%

OSCR has the edge over AXSM on cash generation, producing positive trailing cash flow while its opponent burns cash.

AXSM Total Shares

Q4 2023: 45MQ1 2024: 47MQ2 2024: 48MQ3 2024: 48MQ4 2024: 48MQ1 2025: 49MQ2 2025: 49MQ3 2025: 50MQ4 2025: 50MQ1 2026: 51MQ2 2026: 52MQ3 2026: 52M
Q4 2023: 45MQ1 2024: 47MQ2 2024: 48MQ3 2024: 48MQ4 2024: 48MQ1 2025: 49MQ2 2025: 49MQ3 2025: 50MQ4 2025: 50MQ1 2026: 51MQ2 2026: 52MQ3 2026: 52M
PeriodChange %Net change
Quarterly+1.2%+645K shares
1 year+4.8%+2.4M shares
3 years+11%+5.3M shares
5 years+39%+14.8M shares
Available history+54%+18.4M shares

AXSM has the edge over OSCR on shareholder dilution, with a more favorable share count trend.

OSCR Total Shares

Q4 2023: 222MQ1 2024: 294MQ2 2024: 304MQ3 2024: 243MQ4 2024: 266MQ1 2025: 306MQ2 2025: 256MQ3 2025: 259MQ4 2025: 262MQ1 2026: 330MQ2 2026: 333MQ3 2026: 346M
Q4 2023: 222MQ1 2024: 294MQ2 2024: 304MQ3 2024: 243MQ4 2024: 266MQ1 2025: 306MQ2 2025: 256MQ3 2025: 259MQ4 2025: 262MQ1 2026: 330MQ2 2026: 333MQ3 2026: 346M
PeriodChange %Net change
Quarterly+3.9%+13M shares
1 year+34%+87.2M shares
3 years+55%+123M shares
5 years+66%+138M shares
Available history+71%+143M shares

OSCR has 346M diluted shares, up 34% from a year ago.

AXSM Net Leverage

AXSM's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.

OSCR Net Leverage

Q1 2024: -217.7xQ2 2024: -24.0xQ3 2024: -10.1xQ4 2024: -13.7xQ1 2025: -9.7xQ1 2026: -110.0xQ2 2026: -5.5xQ3 2026: -4.2x
Q1 2024: -217.7xQ2 2024: -24.0xQ3 2024: -10.1xQ4 2024: -13.7xQ1 2025: -9.7xQ1 2026: -110.0xQ2 2026: -5.5xQ3 2026: -4.2x
QuarterNet LeverageStatus
Q3 2026-4.2xNet Cash
Q2 2026-5.5xNet Cash
Q1 2026-110.0xNet Cash
Q1 2025-9.7xNet Cash
Q4 2024-13.7xNet Cash
Q3 2024-10.1xNet Cash
Q2 2024-24.0xNet Cash
Q1 2024-217.7xNet Cash

OSCR has more cash than debt.

AXSM Weekly Momentum

MetricValueStatus
RSI33.6Neutral
Stochastic13.4Oversold

AXSM's weekly RSI is 34 (neutral) and its Stochastic is 13 (oversold).

OSCR Weekly Momentum

MetricValueStatus
RSI58.7Neutral
Stochastic44.9Neutral

OSCR's weekly RSI is 59 (neutral) and its Stochastic is 45 (neutral).

AXSM PE vs Healthcare Sector

AXSM has no meaningful PE right now: it lost money over the past year.

OSCR PE vs Healthcare Sector

MetricOSCRSector medianRelative
PE13x26x50% below
PE %33532 pts below

OSCR is trading at 13x earnings, a 50% discount to the Healthcare sector's median of 26x, though its earnings don't support one.

AXSM Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$158.38.8% below
20 week MA$195.126% below
50 week MA$191.325% below
100 week MA$152.45.3% below
200 week MA$114.926% above

AXSM has fallen below most of its moving averages, though it's still 26% above its 200-week average.

OSCR Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$31.22.3% above
20 week MA$31.12.8% above
50 week MA$22.939% above
100 week MA$19.365% above
200 week MA$15.5106% above

OSCR has the edge over AXSM on trend strength, trading above more of its moving averages.

AXSM Yearly ROI

YearStart priceEnd priceROI
2020$102.0$84.9-17%
2021$84.9$38.5-55%
2022$38.5$73.8+92%
2023$73.8$79.6+7.9%
2024$79.6$86.7+8.9%
2025$86.7$152.1+75%
2026 YTD$152.1$144.4-5.1%

AXSM has finished higher in four of the last six years, two of them by more than 50%. It's down 5.1% so far in 2026.

OSCR Yearly ROI

YearStart priceEnd priceROI
2021$31.0$8.02-74%
2022$8.02$2.21-72%
2023$2.21$9.15+314%
2024$9.15$13.8+51%
2025$13.8$14.9+8%
2026 YTD$14.9$31.9+114%

OSCR has the edge over AXSM on returns for 2026, with the stronger performance.

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