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Praxis Precision Medicines Inc
NASDAQ:PRAX

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Praxis Precision Medicines Inc Logo
Praxis Precision Medicines Inc
NASDAQ:PRAX
Watchlist
Price: 54.79 USD -0.67%
Updated: May 2, 2024

Wall Street
Price Targets

PRAX Price Targets Summary
Praxis Precision Medicines Inc

Wall Street analysts forecast PRAX stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PRAX is 141.37 USD with a low forecast of 40.4 USD and a high forecast of 283.5 USD.

Lowest
Price Target
40.4 USD
26% Downside
Average
Price Target
141.37 USD
158% Upside
Highest
Price Target
283.5 USD
417% Upside

PRAX Last Price Targets
Praxis Precision Medicines Inc

The latest public price target was made on Mar 26, 2024 by Kambiz Yazdi from Jefferies , who expects PRAX stock to rise by 134% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Kambiz Yazdi
Jefferies
128 USD
Upside 134%
1 month ago
Mar 26, 2024
Praxis Precision Medicines Inc. (PRAX) PT Raised to $128 at Jefferies on increases probability of success for PRAX-628 and Ulixa
StreetInsider
Kambiz Yazdi
Jefferies
Price Target 128 USD
Upside/Downside 134%
View Source
Praxis Precision Medicines Inc Competitors:
Price Targets
298380
ABL Bio Inc
40% Upside
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Hualan Biological Engineering Inc
35% Upside
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Beijing Leadman Biochemistry Co Ltd
264% Upside
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Shanghai Junshi Biosciences Co Ltd
29% Upside
IMTX
Immatics NV
77% Upside
SPRO
Spero Therapeutics Inc
386% Upside
SOBI
Swedish Orphan Biovitrum AB (publ)
21% Upside
MRNA
Moderna Inc
16% Upside

Revenue
Forecast

Revenue Estimate
Praxis Precision Medicines Inc

The compound annual growth rate of Praxis Precision Medicines Inc's revenue for the next 3 years is 224%.

N/A
Past Growth
224%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
Praxis Precision Medicines Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
1%
Average Beat

Net Income
Forecast

Net Income Estimate
Praxis Precision Medicines Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-82%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is PRAX's stock price target?
Price Target
141.37 USD

According to Wall Street analysts, the average 1-year price target for PRAX is 141.37 USD with a low forecast of 40.4 USD and a high forecast of 283.5 USD.

What is Praxis Precision Medicines Inc's Revenue forecast?
Projected CAGR
224%

The compound annual growth rate of Praxis Precision Medicines Inc's revenue for the next 3 years is 224%.