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PRAX
(NASDAQ)
Praxis Precision Medicines, Inc.
$322.40-- (--)
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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 17 professional research analysts

Consensus Rating

Buy
Based on 17 unique analysts
(23 total ratings in last 90 days)
High Confidence15.0:1 Buy/Sell

Average Price Target

$561.75
74.24% 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)

Yasmeen Rahimi
Piper Sandler
BuyMaintains
$1200.00
Kevin Strang
Jefferies
BuyInitiates
$447.00
Leonid Timashev
RBC Capital
BuyMaintains
$449.00
Tiago Fauth
Raymond James
BuyReiterates
-
Francois Brisebois
LifeSci Capital
BuyReiterates
$731.00 $719.00
Yatin Suneja
Guggenheim
BuyMaintains
$800.00
Yasmeen Rahimi
Piper Sandler
BuyMaintains
$1200.00
Kambiz Yazdi
BTIG
BuyMaintains
$810.00
Andrew Tsai
Jefferies
BuyMaintains
$550.00
Ritu Baral
TD Cowen
BuyMaintains
$510.00
Benjamin Burnett
Wells Fargo
HoldReiterates
$323.00
Francois Brisebois
LifeSci Capital
BuyReiterates
$795.00 $731.00
Laura Chico
Wedbush
SellMaintains
$166.00 $162.00
Yatin Suneja
Guggenheim
BuyMaintains
$800.00
Justin Walsh
JonesTrading
BuyReiterates
$441.00
Yasmeen Rahimi
Piper Sandler
BuyMaintains
$1200.00
Kambiz Yazdi
BTIG
BuyMaintains
$843.00 $810.00
Danielle Brill
Truist
BuyReiterates
$715.00 $616.00
David Hoang
Deutsche Bank
BuyMaintains
$420.00 $374.00
Brian Skorney
Baird
BuyMaintains
$433.00 $400.00
Jay Olson
Oppenheimer
BuyReiterates
$750.00 $650.00
Ami Fadia
Needham
BuyMaintains
$537.00
Benjamin Burnett
Wells Fargo
HoldMaintains
$305.00 $323.00

Frequently Asked Questions

What is the analyst consensus rating for PRAX?

The analyst consensus rating for PRAX is "Buy" based on 17 analyst recommendations.

What is the average price target for PRAX?

The average 12-month price target for PRAX is $561.75, representing an upside of 74.2% from the current price of $322.40.

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.