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Praxis Precision Medicines (PRAX)
NASDAQ:PRAX
PRAX Stock Chart & Stats
$317.25
-$2.82(-3.64%)
At close: 4:00 PM EST
$317.25
-$2.82(-3.64%)
Day’s Range― - ―
52-Week Range$26.70 - $317.72
Previous CloseN/A
Volume51.58K
Average Volume (3M)708.73K
Market Cap
$8.16B
Enterprise Value$898.07M
Total Cash (Recent Filing)$267.16M
Total Debt (Recent Filing)$436.00K
Price to Earnings (P/E)―
Beta2.04
Next Earnings
Mar 04, 2026EPS Estimate
-3.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.36
Shares Outstanding27,407,091
10 Day Avg. Volume542,167
30 Day Avg. Volume708,732
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)3.09
Price to Sales (P/S)161.13
P/FCF Ratio-10.46
Enterprise Value/Market Cap0.11
Enterprise Value/Revenue120.34
Enterprise Value/Gross Profit-3.77
Enterprise Value/Ebitda-3.11
Forecast
1Y Price Target
$470.69Price Target Upside48.37% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)-12.83
Revenue Forecast (FY)$35.38M
Bulls Say, Bears Say
Bulls Say
Commercial Launch ReadinessEstablishing commercial infrastructure and a differentiated essential tremor patient database of about one million patients positions the company to scale uptake rapidly if products are approved.
Pivotal Clinical DataPositive pivotal Phase 3 results with consistent efficacy across key and secondary endpoints strengthen confidence in ulixacaltamide's therapeutic benefit and commercial potential.
Regulatory ProgressBreakthrough Therapy Designation and constructive pre‑NDA engagement support a streamlined regulatory pathway and increase the probability of approval for ulixacaltamide.
Bears Say
Approval And Commercialization RiskAbsence of any FDA‑approved product and no prior commercial launch experience elevates execution risk around manufacturing, market access and sales uptake.
Clinical Development DelaysA delay in topline readout for the vormatrigine program reduces near‑term clinical catalyst visibility and may push back expected value inflection points.
Financial HealthHigh cash burn and an unclear cash runway increase the likelihood of future financing needs that could dilute shareholders and pressure the stock.
Praxis Precision Medicines News
PRAX FAQ
What was Praxis Precision Medicines’s price range in the past 12 months?
Praxis Precision Medicines lowest stock price was $26.70 and its highest was $317.72 in the past 12 months.
What is Praxis Precision Medicines’s market cap?
Praxis Precision Medicines’s market cap is $8.16B.
When is Praxis Precision Medicines’s upcoming earnings report date?
Praxis Precision Medicines’s upcoming earnings report date is Mar 04, 2026 which is in 45 days.
How were Praxis Precision Medicines’s earnings last quarter?
Praxis Precision Medicines released its earnings results on Nov 05, 2025. The company reported -$3.36 earnings per share for the quarter, beating the consensus estimate of -$3.466 by $0.106.
Is Praxis Precision Medicines overvalued?
According to Wall Street analysts Praxis Precision Medicines’s price is currently Undervalued.
Does Praxis Precision Medicines pay dividends?
Praxis Precision Medicines does not currently pay dividends.
What is Praxis Precision Medicines’s EPS estimate?
Praxis Precision Medicines’s EPS estimate is -3.1.
How many shares outstanding does Praxis Precision Medicines have?
Praxis Precision Medicines has 27,407,091 shares outstanding.
What happened to Praxis Precision Medicines’s price movement after its last earnings report?
Praxis Precision Medicines reported an EPS of -$3.36 in its last earnings report, beating expectations of -$3.466. Following the earnings report the stock price went down -4.14%.
Which hedge fund is a major shareholder of Praxis Precision Medicines?
Currently, no hedge funds are holding shares in PRAX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Praxis Precision Medicines Stock Smart Score
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$470.69 (48.37% Upside)
$470.69 (48.37% Upside)
Blogger Sentiment
Bullish
PRAX Sentiment 75%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $25.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.8%
Last 30 Days ▲ 23.8%
Last 30 Days ▲ 23.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
351.60%
12-Months-Change
Fundamentals
Return on Equity
-75.20%
Trailing 12-Months
Asset Growth
-4.77%
Trailing 12-Months
Company Description
Praxis Precision Medicines
Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, develops therapies for central nervous system disorders characterized by neuronal imbalance. Its lead product candidates include PRAX-114, an extrasynaptic-preferring GABAA receptor positive allosteric modulator that is in Phase IIa clinical trial for the treatment of major depressive disorder and perimenopausal depression; and PRAX-944, a selective small molecule inhibitor of T-type calcium channels, which is in Phase IIa clinical trial for the treatment of essential tremor. The company is also developing PRAX-562, a persistent sodium current blocker that is in Phase I clinical trial to treat severe pediatric epilepsy and adult cephalgia; PRAX-222, an antisense oligonucleotide (ASO) for patients with gain-of-function (GOF) SCN2A epilepsy; and KCNT1 program for the treatment of KCNT1 GOF epilepsy. It has a cooperation and license agreement with RogCon Inc.; a license agreement with Purdue Neuroscience Company; a research collaboration, option, and license agreement with Ionis Pharmaceuticals, Inc.; and collaboration with The Florey Institute to develop three novel ASOs. The company was incorporated in 2015 and is based in Boston, Massachusetts.
PRAX Stock 12 Month Forecast
Average Price Target
$470.69
▲(48.37% Upside)
Technical Analysis
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Ownership Overview
18.01% Insiders
13.36% Mutual Funds
1.61% Other Institutional Investors
55.34% Public Companies and Individual Investors