Praxis Precision Medicines, Inc. (PRAX)
NASDAQ:PRAX
Want to see PRAX full AI Analyst Report?
PRAX Analyst Ratings
Strong Buy
15 Buy
1 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
PRAX Stock 12 Month Forecast
Average Price Target
$623.24
▲(81.97% Upside)
| Highest Price Target$1,201 | Average Price Target$623.24 | Lowest Price Target$162.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
TD Cowen
$554→$510
Buy
48.91%
Upside
Assigned
06/02/26
Needham
$537
Buy
56.79%
Upside
Reiterated
06/02/26
Guggenheim
$800
Buy
133.58%
Upside
Reiterated
06/02/26
Piper Sandler
$1,200
Buy
250.36%
Upside
Reiterated
06/02/26
Oppenheimer
$750→$650
Buy
89.78%
Upside
Assigned
06/02/26
H.C. Wainwright
$1,245→$1,201
Buy
250.66%
Upside
Reiterated
06/02/26
Wedbush
$166→$162
Sell
-52.70%
Downside
Reiterated
06/02/26
Deutsche Bank
$420→$374
Buy
9.20%
Upside
Reiterated
06/02/26
JonesTrading
$441
Buy
28.76%
Upside
Reiterated
06/02/26
Truist Financial
$715→$616
Buy
79.85%
Upside
Assigned
06/02/26
BTIG
$843→$810
Buy
136.50%
Upside
Reiterated
06/02/26
LifeSci Capital
$795→$731
Buy
113.43%
Upside
Reiterated
06/02/26
Robert W. Baird
$433→$400
Buy
16.79%
Upside
Reiterated
06/02/26
Wells Fargo
$305→$323
Hold
-5.69%
Downside
Reiterated
06/01/26
Raymond James
$815
Buy
137.96%
Upside
Initiated
04/08/26
Analyst Type
Any
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
TD Cowen
$554→$510
Buy
48.91%
Upside
Assigned
06/02/26
Needham
$537
Buy
56.79%
Upside
Reiterated
06/02/26
Guggenheim
$800
Buy
133.58%
Upside
Reiterated
06/02/26
Piper Sandler
$1,200
Buy
250.36%
Upside
Reiterated
06/02/26
Oppenheimer
$750→$650
Buy
89.78%
Upside
Assigned
06/02/26
H.C. Wainwright
$1,245→$1,201
Buy
250.66%
Upside
Reiterated
06/02/26
Wedbush
$166→$162
Sell
-52.70%
Downside
Reiterated
06/02/26
Deutsche Bank
$420→$374
Buy
9.20%
Upside
Reiterated
06/02/26
JonesTrading
$441
Buy
28.76%
Upside
Reiterated
06/02/26
Truist Financial
$715→$616
Buy
79.85%
Upside
Assigned
06/02/26
BTIG
$843→$810
Buy
136.50%
Upside
Reiterated
06/02/26
LifeSci Capital
$795→$731
Buy
113.43%
Upside
Reiterated
06/02/26
Robert W. Baird
$433→$400
Buy
16.79%
Upside
Reiterated
06/02/26
Wells Fargo
$305→$323
Hold
-5.69%
Downside
Reiterated
06/01/26
Raymond James
$815
Buy
137.96%
Upside
Initiated
04/08/26
Best Analysts Covering Praxis Precision Medicines
3 Months
Success Rate
17/22 ratings generated profit
Average Return
+72.39%
Copying Yasmeen Rahimi's trades and holding each position for 3 Months would result in 77.27% of your transactions generating a profit, with an average return of +72.39% per trade.
1 Year
Success Rate
19/28 ratings generated profit
Average Return
+182.21%
Copying Douglas Tsao's trades and holding each position for 1 Year would result in 67.86% of your transactions generating a profit, with an average return of +182.21% per trade.
2 Years
Success Rate
19/22 ratings generated profit
Average Return
+380.71%
Copying Yasmeen Rahimi's trades and holding each position for 2 Years would result in 86.36% of your transactions generating a profit, with an average return of +380.71% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
PRAX Analyst Recommendation Trends
Rating
Feb 26
Mar 26
Apr 26
May 26
Jun 26
Strong Buy
30
23
28
27
33
Buy
21
8
8
6
7
Hold
2
2
4
2
3
Sell
0
0
0
1
2
Strong Sell
3
2
1
0
0
total
56
35
41
36
45
Each month's total comprises the sum of three months' worth of ratings.
PRAX Financial Forecast
PRAX Stock Forecast FAQ
What is PRAX’s average 12-month price target, according to analysts?
Based on analyst ratings, Praxis Precision Medicines, Inc.’s 12-month average price target is 623.24.
What is PRAX’s upside potential, based on the analysts’ average price target?
Praxis Precision Medicines, Inc. has 81.97% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is PRAX a Buy, Sell or Hold?
Praxis Precision Medicines, Inc. has a consensus rating of Strong Buy which is based on 15 buy ratings, 1 hold ratings and 1 sell ratings.
What is Praxis Precision Medicines, Inc.’s price target?
The average price target for Praxis Precision Medicines, Inc. is 623.24. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $1,201.00 ,the lowest forecast is $162.00. The average price target represents 81.97% Increase from the current price of $342.5.
The highest analyst price target is $1,201.00 ,the lowest forecast is $162.00. The average price target represents 81.97% Increase from the current price of $342.5.
What do analysts say about Praxis Precision Medicines, Inc.?
Praxis Precision Medicines, Inc.’s analyst rating consensus is a Strong Buy. This is based on the ratings of 17 Wall Streets Analysts.
How can I buy shares of PRAX?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.