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Praxis Precision Medicines (PRAX)
NASDAQ:PRAX
US Market

Praxis Precision Medicines (PRAX) Stock Forecast & Price Target

337 Followers
See the Price Targets and Ratings of:

PRAX Analyst Ratings

Strong Buy
6Ratings
5 Buy
1 Hold
0 Sell
Based on 6 analysts giving stock ratings to
Praxis
Precision Medicines
in the past 3 months
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

$138.80
▲(127.47% Upside)
Based on 6 Wall Street analysts offering 12 month price targets for Praxis Precision Medicines in the last 3 months. The average price target is $138.80 with a high forecast of $270.00 and a low forecast of $41.00. The average price target represents a 127.47% change from the last price of $61.02.
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Highest Price Target$270.00Average Price Target$138.80Lowest Price Target$41.00
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​

Best Analysts Covering Praxis Precision Medicines

Which Analyst Should I Follow If I Want to Buy PRAX and Sell After:
1 Month
Yasmeen RahimiPiper Sandler
Success Rate
6/10 ratings generated profit
60%
Average Return
+2.59%
reiterated a buy rating last month
Copying Yasmeen Rahimi's trades and holding each position for 1 Month would result in 60.00% of your transactions generating a profit, with an average return of +2.59% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Yasmeen RahimiPiper Sandler
Success Rate
6/10 ratings generated profit
60%
Average Return
+23.86%
reiterated a buy rating last month
Copying Yasmeen Rahimi's trades and holding each position for 3 Months would result in 60.00% of your transactions generating a profit, with an average return of +23.86% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
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1 Year
Douglas TsaoH.C. Wainwright
Success Rate
12/20 ratings generated profit
60%
Average Return
+98.28%
reiterated a buy rating 25 days ago
Copying Douglas Tsao's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +98.28% per trade.
2 Years
Douglas TsaoH.C. Wainwright
Success Rate
16/20 ratings generated profit
80%
Average Return
+127.44%
reiterated a buy rating 25 days ago
Copying Douglas Tsao's trades and holding each position for 2 Years would result in 80.00% of your transactions generating a profit, with an average return of +127.44% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
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
Nov 23
Dec 23
Jan 24
Feb 24
Mar 24
Strong Buy
8
8
8
6
10
Buy
2
1
1
0
1
Hold
1
1
2
1
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
11
10
11
7
13
In the current month, PRAX has received 11 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. PRAX average Analyst price target in the past 3 months is $138.80.
Each month's total comprises the sum of three months' worth of ratings.
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PRAX Financial Forecast

PRAX Earnings Forecast

Next quarter’s earnings estimate for PRAX is -$2.07 with a range of -$2.24 to -$1.72. The previous quarter’s EPS was -$2.97. PRAX beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.42% of the time in the same period. In the last calendar year PRAX has Outperformed its overall industry.
Next quarter’s earnings estimate for PRAX is -$2.07 with a range of -$2.24 to -$1.72. The previous quarter’s EPS was -$2.97. PRAX beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.42% of the time in the same period. In the last calendar year PRAX has Outperformed its overall industry.

PRAX Sales Forecast

Next quarter’s sales forecast for PRAX is $2.19M with a range of $0.00 to $5.00M. The previous quarter’s sales results were $515.00K. PRAX beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 47.19% of the time in the same period. In the last calendar year PRAX has Outperformed its overall industry.
Next quarter’s sales forecast for PRAX is $2.19M with a range of $0.00 to $5.00M. The previous quarter’s sales results were $515.00K. PRAX beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 47.19% of the time in the same period. In the last calendar year PRAX has Outperformed its overall industry.

PRAX Stock Forecast FAQ

What is PRAX’s average 12-month price target, according to analysts?
Based on analyst ratings, Praxis Precision Medicines’s 12-month average price target is $138.80.
    What is PRAX’s upside potential, based on the analysts’ average price target?
    Praxis Precision Medicines has 127.47% 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 has a conensus rating of Strong Buy which is based on 5 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Praxis Precision Medicines’s price target?
            The average price target for Praxis Precision Medicines is $138.80. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $270.00 ,the lowest forecast is $41.00. The average price target represents 127.47% Increase from the current price of $61.02.
              What do analysts say about Praxis Precision Medicines?
              Praxis Precision Medicines’s analyst rating consensus is a Strong Buy. This is based on the ratings of 6 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.
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