AXSM vs IONS

Axsome Therapeutics, Inc. and Ionis Pharmaceuticals, Inc., both Healthcare

Ionis Pharmaceuticals, Inc. is the larger company at $13B against $12B. Over the past year AXSM returned +45% against -26% for IONS. The RyuScore puts AXSM ahead, 18 against 17 out of 100.

Axsome Therapeutics, Inc. and Ionis Pharmaceuticals, Inc. compared on valuation, return and the RyuScore
FigureAXSMIONS
Last close$168$45.26
Market cap$12B$13B
1-year return+45%-26%
5-year return+544%+25%
RyuScoresector-relative, 1–1018/10017/100

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Axsome Therapeutics, Inc.

Revenue of $218M in Q2 2026, net income null. Its largest reported line is Royalty And Milestone, 66% of the disclosed total.

Ionis Pharmaceuticals, Inc.

Revenue of $268M in Q2 2026, net income null. Its largest reported line is Royalty, 28% of the disclosed total.

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