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Praxis Precision Medicines (PRAX) Stock Forecast, Price Target & Predictions

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PRAX Stock Forecast

Praxis Precision Medicines (PRAX) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $73.00, with a high of $73.00 and a low of $73.00. This represents a 101.60% increase from the last price of $36.21.

$20 $33 $46 $59 $72 $85 High: $73 Avg: $73 Low: $73 Last Closed Price: $36.21

PRAX Stock Rating

Praxis Precision Medicines stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 7 0 7 Strong Sell Sell Hold Buy Strong Buy

PRAX Price Target Upside V Benchmarks

TypeNameUpside
StockPraxis Precision Medicines101.60%
SectorHealthcare Stocks 23.50%
IndustryBiotech Stocks 71.51%

Price Target Trends

1M3M12M
# Anlaysts1110
Avg Price Target$73.00$73.00$71.73
Last Closing Price$36.21$36.21$36.21
Upside/Downside101.60%101.60%98.09%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Mar, 2537-1-11
Feb, 25361--10
Jan, 25361--10
Dec, 24361--10
Nov, 24461--11
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 03, 2025Robert W. Baird$73.00$33.55117.59%101.60%
Sep 04, 2024Douglas TsaoH.C. Wainwright$60.30$29.25106.15%66.53%
Sep 04, 2024Ami FadiaNeedham$75.90$29.25159.49%109.61%
Sep 03, 2024Francois BriseboisOppenheimer$71.85$27.83158.17%98.43%
Sep 03, 2024Joon LeeTruist Financial$75.38$27.08178.36%108.17%
Aug 14, 2024Ami FadiaNeedham$72.90$25.73183.33%101.33%
Aug 14, 2024Yatin SunejaGuggenheim$85.43$26.25225.45%135.93%
Aug 05, 2024Francois BriseboisOppenheimer$67.35$26.93150.09%86.00%
May 28, 2024Kambiz YazdiJefferies$70.88$22.13220.29%95.75%
Mar 26, 2024Kambiz YazdiJefferies$64.35$31.28105.72%77.71%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 14, 2024OppenheimerOutperformOutperformhold
Sep 24, 2024Cowen & Co.BuyBuyhold
Sep 04, 2024Piper SandlerUnderperformUnderperformhold
Sep 04, 2024NeedhamBuyBuyhold
Sep 04, 2024H.C. WainwrightBuyBuyhold
Sep 03, 2024OppenheimerOutperformOutperformhold
Sep 03, 2024Cowen & Co.BuyBuyhold
Aug 21, 2024Piper SandlerOverweightOverweighthold
Aug 14, 2024GuggenheimBuyBuyhold
Aug 14, 2024WedbushNeutralNeutralhold

Financial Forecast

EPS Forecast

$-25 $-20 $-15 $-10 $-5 $0 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-18.69$-10.21----
Avg Forecast$-20.43$-10.20$-11.47$-11.46$-9.52$-2.37
High Forecast$-14.03$-10.07$-8.88$-6.61$-3.02$-1.09
Low Forecast$-24.96$-10.32$-13.94$-19.33$-17.04$-3.75
Surprise %-8.52%0.10%----

Revenue Forecast

$0 $90M $180M $270M $360M $450M Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.45M$8.55M----
Avg Forecast$1.90M$1.47M$967.30K$31.98M$101.46M$308.29M
High Forecast$2.14M$1.83M$1.40M$46.35M$147.04M$446.80M
Low Forecast$1.82M$1.09M$565.43K$18.70M$59.31M$180.21M
Surprise %28.79%483.42%----

Net Income Forecast

$-200M $-160M $-120M $-80M $-40M $0 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-123.28M$-182.82M----
Avg Forecast$-123.28M$-67.22M$-75.24M$-85.53M$-66.14M$-15.63M
High Forecast$-92.52M$-66.40M$-58.53M$-43.59M$-19.92M$-7.19M
Low Forecast$-164.62M$-68.04M$-91.95M$-127.47M$-112.35M$-24.76M
Surprise %-171.96%----

PRAX Forecast FAQ

Is Praxis Precision Medicines stock a buy?

Praxis Precision Medicines stock has a consensus rating of Buy, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Praxis Precision Medicines is a favorable investment for most analysts.

What is Praxis Precision Medicines's price target?

Praxis Precision Medicines's price target, set by 7 Wall Street analysts, averages $73 over the next 12 months. The price target range spans from $73 at the low end to $73 at the high end, suggesting a potential 101.60% change from the previous closing price of $36.21.

How does Praxis Precision Medicines stock forecast compare to its benchmarks?

Praxis Precision Medicines's stock forecast shows a 101.60% upside, outperforming the average forecast for the healthcare stocks sector (23.50%) and outperforming the biotech stocks industry (71.51%).

What is the breakdown of analyst ratings for Praxis Precision Medicines over the past three months?

  • March 2025: 27.27% Strong Buy, 63.64% Buy, 0% Hold, 9.09% Sell, 0% Strong Sell.
  • February 2025: 30.00% Strong Buy, 60.00% Buy, 10.00% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 30.00% Strong Buy, 60.00% Buy, 10.00% Hold, 0% Sell, 0% Strong Sell.

What is Praxis Precision Medicines’s EPS forecast?

Praxis Precision Medicines's average annual EPS forecast for its fiscal year ending in December 2025 is $-11.47, marking a 12.34% increase from the reported $-10.21 in 2024. Estimates for the following years are $-11.46 in 2026, $-9.52 in 2027, and $-2.37 in 2028.

What is Praxis Precision Medicines’s revenue forecast?

Praxis Precision Medicines's average annual revenue forecast for its fiscal year ending in December 2025 is $967.3K, reflecting a -88.69% decrease from the reported $8.55M in 2024. The forecast for 2026 is $31.98M, followed by $101.46M for 2027, and $308.29M for 2028.

What is Praxis Precision Medicines’s net income forecast?

Praxis Precision Medicines's net income forecast for the fiscal year ending in December 2025 stands at $-75.239M, representing a -58.84% decrease from the reported $-183M in 2024. Projections indicate $-85.528M in 2026, $-66.138M in 2027, and $-15.629M in 2028.