Praxis Precision Medicine
(NASDAQ:PRAX)
$54.80
1.92[3.63%]
At close: Apr 26
$54.80
0[0.00%]
After Hours: 4:16PM EDT
Consensus Rating1
Buy
Highest Price Target1
$150.00
Lowest Price Target1
$4.00
Consensus Price Target1
$62.00

Praxis Precision Medicine Stock (NASDAQ:PRAX), Analyst Ratings, Price Targets, Predictions

Praxis Precision Medicines Inc has a consensus price target of $62, established from looking at the 27 latest analyst ratings. The last 3 analyst ratings were released from HC Wainwright & Co., Jefferies, and HC Wainwright & Co. on April 26, 2024, March 26, 2024, and March 26, 2024. With an average price target of $112.67 between HC Wainwright & Co., Jefferies, and HC Wainwright & Co., there's an implied 105.60% upside for Praxis Precision Medicines Inc from these 3 analyst ratings.

Analyst Trend
1
Nov 23
2
Dec 23
1
Jan
3
Mar
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Jefferies
Wedbush
Truist Securities
William Blair

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Praxis Precision Medicine

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/26/2024PRAXBuy Now
Praxis Precision Medicine
$54.8091.61%HC Wainwright & Co.
Douglas Tsao
→ $105ReiteratesBuy → BuyGet Alert
03/26/2024PRAXBuy Now
Praxis Precision Medicine
$54.80133.58%Jefferies
Kambiz Yazdi
$75 → $128MaintainsBuyGet Alert
03/26/2024PRAXBuy Now
Praxis Precision Medicine
$54.8091.61%HC Wainwright & Co.
Douglas Tsao
→ $105ReiteratesBuy → BuyGet Alert
03/06/2024PRAXBuy Now
Praxis Precision Medicine
$54.8091.61%HC Wainwright & Co.
Douglas Tsao
→ $105ReiteratesBuy → BuyGet Alert
01/12/2024PRAXBuy Now
Praxis Precision Medicine
$54.80-47.08%Wedbush
Laura Chico
$16 → $29MaintainsNeutralGet Alert
12/05/2023PRAXBuy Now
Praxis Precision Medicine
$54.8091.61%HC Wainwright & Co.
Douglas Tsao
→ $105ReiteratesBuy → BuyGet Alert
12/04/2023PRAXBuy Now
Praxis Precision Medicine
$54.80173.72%Truist Securities
Joon Lee
→ $150ReiteratesBuy → BuyGet Alert
11/15/2023PRAXBuy Now
Praxis Precision Medicine
$54.80-87.23%HC Wainwright & Co.
Douglas Tsao
→ $105ReiteratesBuy → BuyGet Alert
10/03/2023PRAXBuy Now
Praxis Precision Medicine
$54.80-96.35%Wedbush
Laura Chico
→ $30ReiteratesNeutral → NeutralGet Alert
09/19/2023PRAXBuy Now
Praxis Precision Medicine
$54.80-81.75%Truist Securities
Joon Lee
→ $150Initiates → BuyGet Alert
08/10/2023PRAXBuy Now
Praxis Precision Medicine
$54.80-87.23%HC Wainwright & Co.
Douglas Tsao
$225 → $105MaintainsBuyGet Alert
08/09/2023PRAXBuy Now
Praxis Precision Medicine
$54.80-72.63%HC Wainwright & Co.
Douglas Tsao
→ $225ReiteratesBuy → BuyGet Alert
06/20/2023PRAXBuy Now
Praxis Precision Medicine
$54.80-96.35%Wedbush
Laura Chico
→ $30ReiteratesNeutral → NeutralGet Alert
06/12/2023PRAXBuy Now
Praxis Precision Medicine
$54.80-72.63%HC Wainwright & Co.
Douglas Tsao
→ $225ReiteratesBuy → BuyGet Alert
06/02/2023PRAXBuy Now
Praxis Precision Medicine
$54.80-92.7%Jefferies
Kambiz Yazdi
→ $60Initiates → BuyGet Alert
05/12/2023PRAXBuy Now
Praxis Precision Medicine
$54.80-96.35%Wedbush
Laura Chico
→ $30Reiterates → NeutralGet Alert
05/12/2023PRAXBuy Now
Praxis Precision Medicine
$54.80-72.63%HC Wainwright & Co.
Douglas Tsao
→ $225ReiteratesBuy → BuyGet Alert
04/14/2023PRAXBuy Now
Praxis Precision Medicine
$54.80-70.8%HC Wainwright & Co.
Douglas Tsao
→ $240Reiterates → BuyGet Alert
03/06/2023PRAXBuy Now
Praxis Precision Medicine
$54.80William Blair
Myles Minter
DowngradeOutperform → Market PerformGet Alert

FAQ

Q

What is the target price for Praxis Precision Medicine (PRAX)?

A

The latest price target for Praxis Precision Medicine (NASDAQ: PRAX) was reported by HC Wainwright & Co. on April 26, 2024. The analyst firm set a price target for $105.00 expecting PRAX to rise to within 12 months (a possible 91.61% upside). 17 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Praxis Precision Medicine (PRAX)?

A

The latest analyst rating for Praxis Precision Medicine (NASDAQ: PRAX) was provided by HC Wainwright & Co., and Praxis Precision Medicine reiterated their buy rating.

Q

When was the last upgrade for Praxis Precision Medicine (PRAX)?

A

There is no last upgrade for Praxis Precision Medicine.

Q

When was the last downgrade for Praxis Precision Medicine (PRAX)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Praxis Precision Medicine (PRAX)?

A

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 April 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.

Q

Is the Analyst Rating Praxis Precision Medicine (PRAX) correct?

A

While ratings are subjective and will change, the latest Praxis Precision Medicine (PRAX) rating was a reiterated with a price target of $0.00 to $105.00. The current price Praxis Precision Medicine (PRAX) is trading at is $54.80, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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