Go Pro
NASDAQ:PRAX

Praxis Precision Medicines (PRAX) Stock Price, News & Analysis

Praxis Precision Medicines logo
$287.04 -4.18 (-1.44%)
As of 10:33 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Praxis Precision Medicines Stock (NASDAQ:PRAX)

Advanced

Key Stats

Today's Range
$282.00
▼
$292.47
50-Day Range
$280.78
▼
$386.33
52-Week Range
$50.31
▼
$392.70
Volume
37,017 shs
Average Volume
461,108 shs
Market Capitalization
$8.01 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$612.42
Consensus Rating
Moderate Buy

Company Overview

Praxis Precision Medicines, Inc. is a clinical-stage biopharmaceutical company focused on developing therapies for central nervous system disorders. The company uses insights from human genetics, neuroscience and its Cerebrum™ platform to identify and advance medicines for conditions in which existing treatment options may be limited.

Praxis’ pipeline has included investigational treatments for epilepsies and other neurological disorders, including developmental and epileptic encephalopathies, essential tremor and movement-related conditions. Its research programs include small-molecule medicines designed to modulate neuronal ion channels and antisense oligonucleotide therapies intended to address specific genetic drivers of disease. The company’s drug candidates remain subject to clinical testing and regulatory review.

Founded in 2015 and headquartered in Boston, Massachusetts, Praxis conducts research and clinical development activities through collaborations and studies in the United States and other regions. The company is led by President and Chief Executive Officer Marcio Souza.

AI Generated. May Contain Errors.

Praxis Precision Medicines Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
49th Percentile Overall Score

PRAX MarketRank™: 

Praxis Precision Medicines scored higher than 49% of companies evaluated by MarketBeat, and ranked 551st out of 891 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Praxis Precision Medicines has received a consensus rating of Moderate Buy. The company's average rating score is 2.95, and is based on 3 strong buy ratings, 15 buy ratings, no hold ratings, and 2 sell ratings.

  • Upside Potential

    Praxis Precision Medicines has a consensus price target of $612.42, representing about 110.3% upside from its current price of $291.23.

  • Amount of Analyst Coverage

    Praxis Precision Medicines has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Praxis Precision Medicines' stock forecast and price target.
  • Earnings Growth

    Earnings for Praxis Precision Medicines are expected to grow in the coming year, from ($13.92) to ($11.33) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Praxis Precision Medicines is -22.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Praxis Precision Medicines is -22.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Praxis Precision Medicines has a P/B Ratio of 8.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Praxis Precision Medicines' valuation and earnings.
  • Percentage of Shares Shorted

    14.02% of the float of Praxis Precision Medicines has been sold short.
  • Short Interest Ratio / Days to Cover

    Praxis Precision Medicines has a short interest ratio ("days to cover") of 14.88, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Praxis Precision Medicines has recently increased by 1.47%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Praxis Precision Medicines does not currently pay a dividend.

  • Dividend Growth

    Praxis Precision Medicines does not have a long track record of dividend growth.

  • News Sentiment

    Praxis Precision Medicines has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Praxis Precision Medicines this week, compared to 7 articles on an average week.
  • Search Interest

    6 people have searched for PRAX on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Praxis Precision Medicines to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Praxis Precision Medicines insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    3.00% of the stock of Praxis Precision Medicines is held by insiders.

  • Percentage Held by Institutions

    67.84% of the stock of Praxis Precision Medicines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Praxis Precision Medicines' insider trading history.
Receive PRAX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Praxis Precision Medicines and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

PRAX Stock News Headlines

Your $29.97 book is free today
Why Some Traders Skip Stocks Entirely You don't need a big account to trade options. In fact, options can give you up to 12 times the leverage of stocks — with a fraction of the capital tied up. This free guide lays it all out in plain English — from A to Z, with step-by-step examples you can follow in your own account.tc pixel
Praxis Precision Medicines Inc (PRAX)
See More Headlines

PRAX Stock Analysis - Frequently Asked Questions

Praxis Precision Medicines' stock was trading at $294.74 at the beginning of the year. Since then, PRAX shares have decreased by 1.2% and is now trading at $291.23.

Praxis Precision Medicines, Inc. (NASDAQ:PRAX) posted its quarterly earnings results on Thursday, August, 6th. The company reported ($2.87) EPS for the quarter, beating the consensus estimate of ($3.67) by $0.80.
Read the conference call transcript
.

Praxis Precision Medicines shares reverse split on Wednesday, November 29th 2023.The 1-15 reverse split was announced on Wednesday, November 29th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, November 29th 2023. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

Praxis Precision Medicines (PRAX) raised $170 million in an IPO on Friday, October 16th 2020. The company issued 10,000,000 shares at a price of $16.00-$18.00 per share. Cowen, Evercore ISI, Piper Sandler and Wedbush PacGrow served as the underwriters for the IPO and Blackstone Capital Markets was co-manager.

Shares of PRAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Praxis Precision Medicines investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Advanced Micro Devices (AMD), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

Last Earnings
8/06/2026
Today
10/01/2026
Next Earnings (Estimated)
11/09/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:PRAX
CIK
1689548
Fax
N/A
Employees
168
Year Founded
2015

Price Target and Rating

High Price Target
$1,201.00
Low Price Target
$162.00
Potential Upside/Downside
+111.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.95
Research Coverage
20 Analysts

Profitability

EPS (Trailing Twelve Months)
($12.93)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$303.27 million
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-34.15%
Return on Assets
-32.42%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
15.73
Quick Ratio
15.73

Sales & Book Value

Annual Sales
$8.55 million
Price / Sales
943.95
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$34.85 per share
Price / Book
8.29

Miscellaneous

Outstanding Shares
27,920,000
Free Float
27,082,000
Market Cap
$8.07 billion
Optionable
Optionable
Beta
2.76

Social Links

Don't Wait for the OpenAI IPO Cover

The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.

Get This Free Report

This page (NASDAQ:PRAX) was last updated on 10/1/2026 by MarketBeat.com Staff.
From Our Partners