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  5. Praxis Precision Stock Rallies on Positive EMBOLD Results and FDA Meeting Confirmation

Praxis Precision Stock Rallies on Positive EMBOLD Results and FDA Meeting Confirmation

Written by Emily J. Thompson, Senior Investment Analyst
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PRAX.O+31.72%
Source: Newsfilter
Updated: 47 minutes ago
0mins
Intellectia AI SwingMax
Intellectia AI SwingMax
Source: Newsfilter
  • Positive EMBOLD Results: Praxis Precision's announcement of favorable EMBOLD trial results exceeded expectations, driving stock price increases and showcasing its potential in the treatment landscape, which may lead to greater market recognition for the company.
  • FDA Meeting Confirmation: The confirmation of a meeting with the FDA further bolsters investor confidence in the product's market entry, with expectations of an expedited approval process that could shorten the time to market.
  • Analyst Expectations Raised: Analysts have increased their probability of success and peak sales forecasts, indicating a bullish sentiment regarding the company's future financial performance, which may attract more investor interest.
  • Positive Market Reaction: The stock price rally reflects market approval of the company's strategic direction, potentially paving the way for future financing and partnership opportunities, thereby enhancing its competitiveness in the biopharmaceutical sector.
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Analyst Views on PRAX
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 327.08 USD with a low forecast of 250.00 USD and a high forecast of 540.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
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 327.08 USD with a low forecast of 250.00 USD and a high forecast of 540.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Buy
0 Hold
0 Sell
Strong Buy
Current: 189.970
sliders
Low
250.00
Averages
327.08
High
540.00
Current: 189.970
sliders
Low
250.00
Averages
327.08
High
540.00
H.C. Wainwright
H.C. Wainwright
Buy
upgrade
$258 -> $340
2025-12-05
New
Reason
H.C. Wainwright
H.C. Wainwright
Price Target
$258 -> $340
2025-12-05
New
upgrade
Buy
Reason
H.C. Wainwright raised the firm's price target on Praxis Precision to $340 from $258 and keeps a Buy rating on the shares. The firm says relutrigine hit a "home run" in the EMBOLD study. H.C. Wainwright increased the probability of success for relutrigine to 80% from 60% and raised its projected peak sales to $2.8B from $760M.
BTIG
NULL
to
Buy
initiated
$424
2025-11-18
Reason
BTIG
Price Target
$424
2025-11-18
initiated
NULL
to
Buy
Reason
BTIG initiated coverage of Praxis Precision with a Buy rating and $424 price target. The firm, which sees a greater than $5B greenfield opportunity for ulixacaltamide in essential tremor, also notes that Praxis also has a pair of sodium channel modulators, vormatrigine and relutrigine, with positive Phase 2 data in epilepsy and developmental and epileptic encephalopathy, respectively.
H.C. Wainwright
H.C. Wainwright
Buy
maintain
$232 -> $258
2025-11-13
Reason
H.C. Wainwright
H.C. Wainwright
Price Target
$232 -> $258
2025-11-13
maintain
Buy
Reason
H.C. Wainwright raised the firm's price target on Praxis Precision to $258 from $232 and keeps a Buy rating on the shares after meeting with management. The firm believes Praxis is "poised for nether breakout" with the relutrigine readout nearing. Management offered details that should ease an investor concerns regarding the interim readout for EMBOLD Cohort 2 which should bring relutrigine to market in 2026, the analyst tells investors in a research note.
Chardan
Chardan
Buy
upgrade
$80 -> $330
2025-10-17
Reason
Chardan
Chardan
Price Target
$80 -> $330
2025-10-17
upgrade
Buy
Reason
Chardan raised the firm's price target on Praxis Precision to $330 from $80 and keeps a Buy rating on the shares. The company reported positive results from the Phase 3 studies of ulixacaltamide in essential tremor, which was an upside surprise given the very low expectations entering the event, the analyst tells investors in a research note. The firm believes the current data would be adequate to support a new drug application filing in early 2026 "despite some moving parts of the trials/data." Chardan models a "conservative" $2.5B in peak sales and 80% probability of success.
See All Ratings
AI Stock Picker
AI Stock Picker
About PRAX
Praxis Precision Medicines, Inc. is a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for central nervous system disorders characterized by neuronal excitation-inhibition imbalance. The Company is applying genetic insights to the discovery and development of therapies for neurological disorders through two platforms, using its understanding of shared biological targets and circuits in the brain. Its platform includes Cerebrum, a small-molecule platform, which utilizes deep understanding of neuronal excitability and neuronal networks and applies a series of computational and experimental tools to develop orally available precision therapies, and Solidus, an antisense oligonucleotide platform, is an efficient, targeted precision medicine discovery and development engine anchored on a proprietary, computational methodology. The Company’s product candidates include ulixacaltamide, vormatrigine, relutrigine, PRAX-080, and others.

About the author

Emily J. Thompson
Preview
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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