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PRAX
(NASDAQ)
Praxis Precision Medicines, Inc.
$310.38-- (--)
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Praxis Precision Medicines, Inc. (PRAX) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Praxis Precision Medicines, Inc. stock.

Analyst Consensus Rating

Investment consensus from 9 professional research analysts

Consensus Rating

Strong Buy
Based on 9 unique analysts
(11 total ratings in last 90 days)
Medium Confidence7.0:1 Buy/Sell

Average Price Target

$647.00
108.45% Upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest PRAX Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Rudy Li
Wolfe Research
BuyInitiates
$500.00
Laura Chico
Wedbush
SellMaintains
$95.00 $130.00
Joon Lee
Truist
Strong BuyMaintains
$500.00 $700.00
Benjamin Burnett
Wells Fargo
HoldMaintains
$282.00 $305.00
Joel Beatty
Baird
BuyMaintains
$275.00 $433.00
Yatin Suneja
Guggenheim
Strong BuyMaintains
$760.00 $800.00
Ami Fadia
Needham
Strong BuyMaintains
$460.00 $510.00
Benjamin Burnett
Wells Fargo
HoldInitiates
$282.00
Douglas Tsao
HC Wainwright
Strong BuyMaintains
$340.00 $1245.00
Yasmeen Rahimi
Piper Sandler
BuyMaintains
$450.00 $1200.00
Laura Chico
Wedbush
SellMaintains
$83.00 $95.00

Frequently Asked Questions

What is the analyst consensus rating for PRAX?

The analyst consensus rating for PRAX is "Strong Buy" based on 9 analyst recommendations.

What is the average price target for PRAX?

The average 12-month price target for PRAX is $647.00, representing an upside of 108.5% from the current price of $310.38.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.