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PRAX Stock Forecast: Praxis Precision Medicines Inc. Price Predictions for 2026

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$298.46

+17.63 (6.28%)

PRAX Stock Forecast 2026-2027

$298.46
Current Price
$8.28B
Market Cap
15 Ratings
Buy 14
Hold 0
Sell 1
Wall St Analyst Ratings

Distance to PRAX Price Targets

+182.4%
To High Target of $843.00
+50.8%
To Median Target of $450.00
-68.2%
To Low Target of $95.00

PRAX Price Momentum

+3.5%
1 Week Change
+8.7%
1 Month Change
+324.9%
1 Year Change
+1.3%
Year-to-Date Change
-6.1%
From 52W High of $317.72
+1,017.8%
From 52W Low of $26.70
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Latest PRAX Stock Price Targets & Analyst Predictions

Based on our analysis of 19 Wall Street analysts, PRAX has a bullish consensus with a median price target of $450.00 (ranging from $95.00 to $843.00). The overall analyst rating is Strong Buy (9.2/10). Currently trading at $298.46, the median forecast implies a 50.8% upside. This outlook is supported by 14 Buy, 0 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Kambiz Yazdi at BTIG, projecting a 182.4% upside. Conversely, the most conservative target is provided by Laura Chico at Wedbush, suggesting a 68.2% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

PRAX Analyst Ratings

14
Buy
0
Hold
1
Sell

PRAX Price Target Range

Low
$95.00
Average
$450.00
High
$843.00
Current: $298.46

Latest PRAX Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for PRAX.

Date Firm Analyst Rating Change Price Target
Jan 12, 2026 Wedbush Laura Chico Underperform Maintains $95.00
Dec 29, 2025 BTIG Kambiz Yazdi Buy Maintains $843.00
Dec 15, 2025 Oppenheimer Jay Olson Outperform Maintains $750.00
Dec 9, 2025 Jefferies Andrew Tsai Buy Maintains $450.00
Dec 9, 2025 Guggenheim Yatin Suneja Buy Maintains $760.00
Dec 8, 2025 BTIG Kambiz Yazdi Buy Maintains $507.00
Dec 8, 2025 TD Cowen Ritu Baral Buy Maintains $353.00
Dec 8, 2025 HC Wainwright & Co. Douglas Tsao Buy Reiterates $340.00
Dec 8, 2025 Needham Ami Fadia Buy Maintains $315.00
Dec 8, 2025 Truist Securities Joon Lee Buy Maintains $500.00
Dec 5, 2025 Needham Ami Fadia Buy Maintains $304.00
Dec 5, 2025 HC Wainwright & Co. Douglas Tsao Buy Maintains $340.00
Dec 5, 2025 Wedbush Laura Chico Underperform Maintains $83.00
Dec 1, 2025 Needham Ami Fadia Buy Reiterates $250.00
Nov 25, 2025 HC Wainwright & Co. Douglas Tsao Buy Reiterates $258.00
Nov 19, 2025 BTIG Kambiz Yazdi Buy Initiates $424.00
Nov 13, 2025 HC Wainwright & Co. Douglas Tsao Buy Maintains $258.00
Nov 6, 2025 Wedbush Laura Chico Underperform Maintains $77.00
Oct 20, 2025 Wedbush Daniel Ives Underperform Maintains $73.00
Oct 17, 2025 Guggenheim Yatin Suneja Buy Maintains $350.00

Praxis Precision Medicines Inc. (PRAX) Competitors

The following stocks are similar to Praxis based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Praxis Precision Medicines Inc. (PRAX) Financial Data

Praxis Precision Medicines Inc. has a market capitalization of $8.28B with a P/E ratio of -29.1x. The company generates $7.46M in trailing twelve-month revenue with a 0.0% profit margin.

Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of -3,927.5% and return on equity of -75.2%.

Valuation Metrics

Market Cap $8.28B
Enterprise Value $6.63B
P/E Ratio -29.1x
PEG Ratio -1.3x
Price/Sales 1,043.8x

Growth & Margins

Revenue Growth (YoY) N/A
Gross Margin N/A
Operating Margin -3,927.5%
Net Margin 0.0%
EPS Growth -100.0%

Financial Health

Cash/Price Ratio +3.6%
Current Ratio 5.2x
Debt/Equity 0.1x
ROE -75.2%
ROA -45.1%
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Praxis Precision Medicines Inc. logo

Praxis Precision Medicines Inc. (PRAX) Business Model

About Praxis Precision Medicines Inc.

What They Do

Develops treatments for central nervous system disorders.

Business Model

The company focuses on developing innovative therapies to address unmet medical needs in CNS disorders. It generates revenue through the commercialization of its drug candidates, which target conditions like epilepsy and psychiatric disorders, leveraging its research in genetics and neurobiology.

Additional Information

Praxis Precision Medicines is positioned as an emerging leader in the biopharmaceutical sector, with a strong commitment to improving patient outcomes and advancing personalized medicine through their diverse pipeline of therapeutic candidates.

Company Information

Sector

Healthcare

Industry

Biotechnology

Employees

116

CEO

Mr. Marcio Silva De'Souza M.B.A.

Country

United States

IPO Year

2020

Praxis Precision Medicines Inc. (PRAX) Latest News & Analysis

Latest News

PRAX stock latest news image
Quick Summary

Praxis Precision Medicines appointed Jeffrey B. Kindler and Stuart Arbuckle to its board and promoted Megan Sniecinski to COO and Dr. Steven Petrou to President of R&D.

Why It Matters

Leadership changes can signal strategic shifts and influence company direction, impacting investor confidence and stock performance in Praxis Precision Medicines.

Source: GlobeNewsWire
Market Sentiment: Neutral
PRAX stock latest news image
Quick Summary

Praxis Precision Medicines granted 434 restricted stock units to three new non-executive employees on January 2, 2026, under its 2024 Inducement Plan, per Nasdaq rules.

Why It Matters

The granting of restricted stock units suggests confidence in attracting talent, which can enhance company performance and drive share value in the long term.

Source: GlobeNewsWire
Market Sentiment: Neutral
PRAX stock latest news image
Quick Summary

Praxis Precision Medicines (NASDAQ: PRAX) announced a proposed public offering of common stock and pre-funded warrants, with underwriters offered a 30-day option for additional shares.

Why It Matters

Praxis Precision Medicines' public offering signals potential dilution of shares, impacting existing shareholders. It may raise capital for R&D, influencing future growth prospects and stock performance.

Source: GlobeNewsWire
Market Sentiment: Neutral
PRAX stock latest news image
Quick Summary

Praxis Precision Medicines (NASDAQ: PRAX) priced a public offering of 2.21 million shares at $260 each, aiming for $575 million in gross proceeds. The offering closes around January 8, 2026.

Why It Matters

Praxis Precision Medicines' $575 million stock offering boosts liquidity for R&D, signaling confidence in growth. It may impact share prices and investor sentiment in the biotech sector.

Source: GlobeNewsWire
Market Sentiment: Neutral
PRAX stock latest news image
Quick Summary

Praxis Precision Medicines aims to address the significant demand for effective treatments for movement disorders, indicating potential growth in the healthcare sector.

Why It Matters

Praxis Precision Medicines targets a significant market with unmet treatment needs, suggesting potential for growth and profitability, which can attract investor interest and drive stock performance.

Source: The Motley Fool
Market Sentiment: Positive
PRAX stock latest news image
Quick Summary

Top Wall Street analysts have revised their outlook on several major companies. For detailed analyst rating changes, refer to the analyst ratings page.

Why It Matters

Analyst rating changes can signal shifts in market sentiment, impacting stock prices and investor confidence in those companies. Monitoring these changes is crucial for informed decision-making.

Source: Benzinga
Market Sentiment: Positive

Frequently Asked Questions About PRAX Stock

What is Praxis Precision Medicines Inc.'s (PRAX) stock forecast for 2026?

Based on our analysis of 19 Wall Street analysts, Praxis Precision Medicines Inc. (PRAX) has a median price target of $450.00. The highest price target is $843.00 and the lowest is $95.00.

Is PRAX stock a good investment in 2026?

According to current analyst ratings, PRAX has 14 Buy ratings, 0 Hold ratings, and 1 Sell ratings. The stock is currently trading at $298.46. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for PRAX stock?

Wall Street analysts predict PRAX stock could reach $450.00 in the next 12 months. This represents a 50.8% increase from the current price of $298.46. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Praxis Precision Medicines Inc.'s business model?

The company focuses on developing innovative therapies to address unmet medical needs in CNS disorders. It generates revenue through the commercialization of its drug candidates, which target conditions like epilepsy and psychiatric disorders, leveraging its research in genetics and neurobiology.

What is the highest forecasted price for PRAX Praxis Precision Medicines Inc.?

The highest price target for PRAX is $843.00 from Kambiz Yazdi at BTIG, which represents a 182.4% increase from the current price of $298.46.

What is the lowest forecasted price for PRAX Praxis Precision Medicines Inc.?

The lowest price target for PRAX is $95.00 from Laura Chico at Wedbush, which represents a -68.2% decrease from the current price of $298.46.

What is the overall PRAX consensus from analysts for Praxis Precision Medicines Inc.?

The overall analyst consensus for PRAX is bullish. Out of 19 Wall Street analysts, 14 rate it as Buy, 0 as Hold, and 1 as Sell, with a median price target of $450.00.

How accurate are PRAX stock price projections?

Stock price projections, including those for Praxis Precision Medicines Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: January 15, 2026 3:25 PM UTC
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