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PRAX Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
355.000
Open
352.630
VWAP
347.68
Vol
399.81K
Mkt Cap
9.76B
Low
338.070
Amount
139.01M
EV/EBITDA(TTM)
--
Total Shares
27.88M
EV
9.04B
EV/OCF(TTM)
--
P/S(TTM)
--
Praxis Precision Medicines, Inc. is an integrated, central nervous system (CNS) precision neuroscience biopharmaceutical company, translating insights from genetic epilepsies into the development of therapies for CNS 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. 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 a targeted precision medicine discovery and development engine anchored on a proprietary, computational methodology. The Company's product candidates include Ulixacaltamide, Vormatrigine, Relutrigine, PRAX-080, Elsunersen, and others.
Show More

Events Timeline

(ET)
2026-05-07
09:10:00
Praxis Receives FDA Approval for Two NDAs, Plans U.S. Launches in Eight Months
select
2026-04-14 (ET)
2026-04-14
07:40:00
Praxis Precision's NDA for Ulixacaltamide HCl Accepted by FDA
select
2026-04-06 (ET)
2026-04-06
08:10:00
Praxis Precision Announces EMBRAVE Trial Results for Elsunersen
select

News

Yahoo Finance
8.5
05-21Yahoo Finance
B Group Acquires Stake in Bright Minds Biosciences
  • New Investment Position: B Group disclosed in its May 15, 2026 SEC filing that it acquired 67,500 shares of Bright Minds Biosciences for an estimated $5.43 million, indicating confidence in the company's future growth potential.
  • Significant Stake: This acquisition represents approximately 4% of B Group's reportable AUM, reflecting its strategic positioning within the biotechnology sector.
  • Strong Market Performance: Bright Minds' shares have surged nearly 175% over the past year, significantly outperforming the S&P 500's 25% increase, highlighting market confidence in its drug development prospects.
  • Increased R&D Investment: Bright Minds ramped up its R&D spending to C$18.7 million in the first half of fiscal 2026, a substantial increase from C$3.6 million a year earlier, demonstrating accelerated efforts in developing its lead drug BMB-101 for drug-resistant epilepsy.
Yahoo Finance
6.5
05-17Yahoo Finance
HighVista Strategies Cuts Stake in Viridian Therapeutics by $7 Million
  • Stake Reduction Details: HighVista Strategies reported a sale of 238,243 shares of Viridian Therapeutics in its SEC filing dated May 15, 2026, representing an estimated $7.08 million trade, indicating a cautious outlook on the company's future performance.
  • Impact of Stock Price Fluctuations: Despite Viridian Therapeutics' stock price rising 35% over the past year, the value of its position declined by $8.97 million at quarter-end, reflecting market concerns regarding the upcoming FDA decision.
  • Company Financial Overview: Viridian's latest financial report indicates a revenue of $70.85 million and a net loss of $342.6 million over the trailing twelve months, highlighting the financial pressures faced during its development phase, which may affect investor confidence.
  • Market Outlook and Challenges: With an FDA decision looming on June 30 for its lead therapy, Viridian's market performance may be impacted, especially after its Phase 3 clinical data fell short of expectations, prompting investors to carefully assess risks and opportunities.
seekingalpha
8.5
04-14seekingalpha
Praxis Precision Medicines FDA Accepts New Drug Application for Ulixacaltamide
  • FDA Application Progress: Praxis Precision Medicines' new drug application for ulixacaltamide HCl has been accepted for review by the FDA, marking a significant advancement in addressing essential tremor, a common movement disorder affecting nearly 7 million Americans, which is expected to enhance the company's market competitiveness.
  • Clinical Trial Success: The application is supported by data from the company's Essential3 Phase 3 clinical trials, where two pivotal studies met their primary endpoints, demonstrating statistically and clinically significant results for ulixacaltamide in adults with essential tremor, further strengthening its market outlook.
  • Target Action Date: The FDA has set January 29, 2027, as the target action date for the new drug application and has not indicated plans for an advisory committee meeting, which could expedite the approval process and boost investor confidence.
  • Positive Market Reaction: Praxis's stock rose approximately 6% in premarket trading, reflecting investor optimism regarding the FDA's acceptance of the application, signaling potential future growth for the company.
NASDAQ.COM
9.0
04-14NASDAQ.COM
Praxis Precision Medicines' NDA for Ulixacaltamide Accepted by FDA
  • FDA Review Acceptance: Praxis Precision Medicines announced that its New Drug Application (NDA) for ulixacaltamide HCl for treating essential tremor in adults has been accepted for review by the FDA, marking a significant advancement in the company's therapeutic pipeline.
  • Key Timeline: The FDA has set a target action date of January 29, 2027, under the Prescription Drug User Fee Act (PDUFA), indicating that the company will face a critical regulatory review phase in its development plans over the coming years.
  • Clinical Trial Support: The NDA submission is backed by positive results from the Essential3 Phase 3 clinical program, which included two concurrently enrolled pivotal studies demonstrating statistically and clinically significant efficacy, laying a solid foundation for the drug's market potential.
  • Good Safety Profile: Ulixacaltamide was generally well tolerated in clinical trials, with a safety profile consistent with previous studies and no drug-related serious adverse events reported, enhancing the likelihood of FDA approval.
Newsfilter
9.0
04-14Newsfilter
Praxis Receives FDA Review Acceptance for Ulixacaltamide NDA
  • FDA Review Progress: Praxis Precision Medicines announced that its New Drug Application for ulixacaltamide HCl for treating essential tremor in adults has been accepted for review by the FDA, with a target action date set for January 29, 2027, marking a significant milestone in the company's CNS drug development.
  • Clinical Trial Support: The NDA is supported by positive results from the Essential3 Phase 3 clinical trials, which demonstrated statistically and clinically significant efficacy of ulixacaltamide in treating essential tremor, further enhancing its market potential.
  • Good Safety Profile: Ulixacaltamide exhibited good tolerability in clinical trials, with a safety profile consistent with previous studies and no drug-related serious adverse events, laying a solid foundation for its future commercialization.
  • Breakthrough Therapy Designation: The drug received Breakthrough Therapy Designation from the FDA in December 2025, highlighting its innovation and market demand in treating essential tremor, as Praxis continues to collaborate with the FDA in preparation for its commercial launch.
moomoo
4.0
04-10moomoo
PRAXIS PRECISION MEDICINES INC: RAYMOND JAMES BEGINS COVERAGE WITH A STRONG BUY RATING AND A TARGET PRICE OF $815
  • Company Overview: Praxis Precision Medicines is highlighted for its strong buy rating, indicating positive investor sentiment and confidence in the company's future performance.

  • Target Price: The target price for Praxis Precision Medicines is set at $815, suggesting significant potential for growth based on current market evaluations.

Wall Street analysts forecast PRAX stock price to rise
15 Analyst Rating
Wall Street analysts forecast PRAX stock price to rise
14 Buy
0 Hold
1 Sell
Strong Buy
Current: 0.000
sliders
Low
95.00
Averages
456.71
High
843.00
Current: 0.000
sliders
Low
95.00
Averages
456.71
High
843.00
Truist
NULL
to
Buy
initiated
$700 -> $715
AI Analysis
2026-05-13
Reason
Truist
Price Target
$700 -> $715
AI Analysis
2026-05-13
initiated
NULL
to
Buy
Reason
Truist assumed coverage of Praxis Precision with a Buy rating and a price target of $715, up from $700. The company appears well positioned ahead of multiple value-inflecting catalysts over the next 6-8 months, supported by a late-stage pipeline of de-risked assets, the analyst tells investors in a research note. Praxis's late-stage assets could scale into a multi-billion dollar franchise, the firm added.
Wedbush
Underperform
maintain
$130 -> $166
2026-05-08
Reason
Wedbush
Price Target
$130 -> $166
2026-05-08
maintain
Underperform
Reason
Wedbush raised the firm's price target on Praxis Precision to $166 from $130 and keeps an Underperform rating on the shares following quarterly results. The firm continues to hold reservations on the ulixacaltamide filing and with shares trading ahead of its target, Wedbush remains Underperform rated.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for PRAX
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Valuation Metrics

The current forward P/E ratio for Praxis Precision Medicines Inc (PRAX.O) is 0.00, compared to its 5-year average forward P/E of -3.96. For a more detailed relative valuation and DCF analysis to assess Praxis Precision Medicines Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-3.96
Current PE
0.00
Overvalued PE
-0.50
Undervalued PE
-7.43

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-2.41
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.95
Undervalued EV/EBITDA
-5.77

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
668.86
Current PS
30.95
Overvalued PS
2070.45
Undervalued PS
-732.73

Financials

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Whales Holding PRAX

H
Hood River Capital Management LLC
Holding
PRAX
+24.71%
3M Return
C
Caption Management, LLC
Holding
PRAX
+19.12%
3M Return
J
Janus Henderson Group plc
Holding
PRAX
+17.03%
3M Return
A
Allan Gray Australia Pty Ltd.
Holding
PRAX
+16.27%
3M Return
D
Driehaus Capital Management LLC
Holding
PRAX
+14.26%
3M Return
A
Adage Capital Management, L.P.
Holding
PRAX
+13.77%
3M Return

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Frequently Asked Questions

What is Praxis Precision Medicines Inc (PRAX) stock price today?

The current price of PRAX is 349.97 USD — it has decreased -0.75

What is Praxis Precision Medicines Inc (PRAX)'s business?

Praxis Precision Medicines, Inc. is an integrated, central nervous system (CNS) precision neuroscience biopharmaceutical company, translating insights from genetic epilepsies into the development of therapies for CNS 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. 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 a targeted precision medicine discovery and development engine anchored on a proprietary, computational methodology. The Company's product candidates include Ulixacaltamide, Vormatrigine, Relutrigine, PRAX-080, Elsunersen, and others.

What is the price predicton of PRAX Stock?

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 is456.71 USD with a low forecast of 95.00 USD and a high forecast of 843.00 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.

What is Praxis Precision Medicines Inc (PRAX)'s revenue for the last quarter?

Praxis Precision Medicines Inc revenue for the last quarter amounts to 0.00 USD, decreased

What is Praxis Precision Medicines Inc (PRAX)'s earnings per share (EPS) for the last quarter?

Praxis Precision Medicines Inc. EPS for the last quarter amounts to -3.20 USD, decreased -2.74

How many employees does Praxis Precision Medicines Inc (PRAX). have?

Praxis Precision Medicines Inc (PRAX) has 168 emplpoyees as of May 30 2026.

What is Praxis Precision Medicines Inc (PRAX) market cap?

Today PRAX has the market capitalization of 9.76B USD.