Equites Radar

PRAX · Praxis Precision Medicines, Inc

BiotechnologyUnited StatesAnalyst view: Strong Buy

$252.96

-2.30% last session

End-of-day data · close of 2026-10-23

Mildly bearish1 bullish · 3 bearish technical signals
Consensus: Strong Buy (1.48 from 21 analysts)
To mean target: +157.0%

Market cap

$7B

Enterprise value

$6B

Trailing P/E

—

Forward P/E

-26.6

Dividend yield

0.0%

Beta

2.81

Avg volume

0M

Employees

0K

Daily Change %

-2.30%

5 Days Change

7.10%

10 Days Change

6.40%

30 Days Change

-8.22%

60 Days Change

-29.65%

Month to Day Change

-9.76%

Year to Day Change

-12.15%

Analyst Outlook

Consensus ratingStrong Buy
Recommendation mean (1–5)1.48
Covering analysts21
Mean price target$650.00
Low price target$188.00
Upside to mean target+157.0%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)38.0
50-day MA$310.66
200-day MA$315.05
Price vs 50-day MA-18.6%
Price vs 200-day MA-19.7%
MACD histogram2.19
Volume vs 3-month avg0.8×
52w low $164.0952w high $386.33

Analyst sentiment over time — PRAX

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-10-16

Latest call per bank · past 12 months

JP Morgan

Overweight

$700

+176.7% vs price
▲ raised from $0.00Initiates · 2026-10-16

UBS

Buy

$706

+179.1% vs price
▲ raised from $0.00Initiates · 2026-10-15

Goldman Sachs

Buy

$575

+127.3% vs price
▲ raised from $470Maintains · 2026-08-21

RBC Capital

Outperform

$462

+82.6% vs price
▲ raised from $449Maintains · 2026-08-07

Wells Fargo

Equal-Weight

$362

+43.1% vs price
▲ raised from $323Maintains · 2026-08-07

Deutsche Bank

Buy

$374

+47.8% vs price
▼ cut from $420Maintains · 2026-06-02

Jefferies

Buy

$450

+77.9% vs price
▲ raised from $300Maintains · 2025-12-09

Recent rating actions

DateFirmActionRatingPrice target
2026-10-16JP MorganInitiatesOverweight$0.00 → $700
2026-10-15UBSInitiatesBuy$0.00 → $706
2026-10-15HC Wainwright & Co.ReiteratesBuy$1,201
2026-10-06HC Wainwright & Co.ReiteratesBuy$1,201
2026-10-06BTIGMaintainsBuy$810 → $826
2026-09-24HC Wainwright & Co.ReiteratesBuy$1,201
2026-09-24NeedhamReiteratesBuy$582
2026-08-21Goldman SachsMaintainsBuy$470 → $575

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-10-23

  • neutral: RSI (14): RSI is 38 — neutral momentum, neither overbought nor oversold.
  • bearish: Price vs 50-day MA: Trading 18.6% below the 50-day MA ($310.66).
  • bearish: Price vs 200-day MA: Trading 19.7% below the 200-day MA ($315.05).
  • bearish: MA cross: The 50-day MA sits below the 200-day MA (death-cross regime) — the longer-term trend points down.
  • bullish: MACD (12,26,9): MACD histogram is positive (+2.19) — short-term momentum is improving.
  • neutral: 52-week range: Price sits between the 52-week low ($164.09) and high ($386.33).

PRAX Price Chart

Loading chart for PRAX…

Fundamentals

Revenue (TTM)—
EBITDA$0M
Free cash flow$0M
Operating cash flow$0M
Book value / share$48.04
Net Debt / EBITDA2.0
WACC23.0%
Revenue growth—
Earnings growth—

About Praxis Precision Medicines, Inc

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, engages in the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance in the United States. The company's platforms include Cerebrum, a small molecule platform for CNS small molecule therapies to develop orally available precision therapies; and Solidus to discover and develop antisense oligonucleotide. It also develops ulixacaltamide, a small molecule inhibitor of T-type calcium channels that in NDA for the treatment of essential tremor; relutrigine, a small molecule, which is in NDA for the treatment of SCN2A- and SCN8A-developmental and epileptic encephalopathies (DEE), as well as in Phase 3 trial for broad DEEs; vormatrigine, a small molecule targeting the hyperexcitable state of sodium-channels in the brain that is in Phase 3 trial for the treatment of adjunctive focal epilepsy, as well as in Phase 2 trial for monotherapy focal epilepsy; and Elsunersen, a clinical-stage ASO designed to selectively decrease SCN2A gene expression, which is in Phase 3 trial for the treatment of SCN2A-DEE. In addition, the company is developing product candidates in pre-clinical trial comprising PRAX-020 to treat KCNT1; PRAX-080 that targets PCDH19 mosaic expression disorders; PRAX-090 for targeting SYNGAP1 loss-of-function; and PRAX-100 that targets SCN2A LoF mutations. It has a cooperation and license agreement with RogCon Inc.; research collaboration, option, and license agreement with Ionis Pharmaceuticals, Inc.; and research collaboration and license agreement to develop an iontophoretic transdermal patch for the delivery of ulixacaltamide. The company was formerly known as EpiPM Therapeutics, Inc. and changed its name to Praxis Precision Medicines, Inc. in October 2016. Praxis Precision Medicines, Inc. was incorporated in 2015 and is headquartered in Boston, Massachusetts.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.