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Home โบ Stocks โบ Praxis Precision Medicines Inc. (PRAX) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Biotechnology
$298.46
+17.63 (6.28%)Did PRAX Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Praxis is one of their latest high-conviction picks.
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.
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 |
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. 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%.
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Develops treatments for central nervous system disorders.
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.
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.
Healthcare
Biotechnology
116
Mr. Marcio Silva De'Souza M.B.A.
United States
2020
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.
Leadership changes can signal strategic shifts and influence company direction, impacting investor confidence and stock performance in Praxis Precision Medicines.
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.
The granting of restricted stock units suggests confidence in attracting talent, which can enhance company performance and drive share value in the long term.
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.
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.
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.
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.
Praxis Precision Medicines aims to address the significant demand for effective treatments for movement disorders, indicating potential growth in the healthcare sector.
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.
Top Wall Street analysts have revised their outlook on several major companies. For detailed analyst rating changes, refer to the analyst ratings page.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.