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Praxis Precision Medicines Inc has a consensus price target of $132.36 based on the ratings of 12 analysts. The high is $270 issued by Piper Sandler on July 1, 2024. The low is $4 issued by B of A Securities on June 7, 2022. The 3 most-recent analyst ratings were released by Deutsche Bank, Needham, and Truist Securities on February 11, 2025, February 10, 2025, and January 21, 2025, respectively. With an average price target of $145.33 between Deutsche Bank, Needham, and Truist Securities, there's an implied 95.08% upside for Praxis Precision Medicines Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Praxis Precision Medicine (NASDAQ:PRAX) was reported by Deutsche Bank on February 11, 2025. The analyst firm set a price target for $111.00 expecting PRAX to rise to within 12 months (a possible 48.99% upside). 30 analyst firms have reported ratings in the last year.
The latest analyst rating for Praxis Precision Medicine (NASDAQ:PRAX) was provided by Deutsche Bank, and Praxis Precision Medicine initiated their buy rating.
There is no last upgrade for Praxis Precision Medicine
The last downgrade for Praxis Precision Medicines Inc happened on March 6, 2023 when William Blair changed their price target from N/A to N/A for Praxis Precision Medicines Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Praxis Precision Medicine, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Praxis Precision Medicine was filed on February 11, 2025 so you should expect the next rating to be made available sometime around February 11, 2026.
While ratings are subjective and will change, the latest Praxis Precision Medicine (PRAX) rating was a initiated with a price target of $0.00 to $111.00. The current price Praxis Precision Medicine (PRAX) is trading at is $74.50, which is within the analyst’s predicted range.
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