Praxis Precision Medicines, Inc. (PRAX)

PRAX Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for PRAX stock have an average target of 123.8, with a low estimate of 48 and a high estimate of 270. The average target predicts an increase of 256.26% from the current stock price of 34.75.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$48	$123.8	$111	$270
Change	+38.13%	+256.26%	+219.42%	+676.98%

Analyst Ratings

The average analyst rating for PRAX stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	5	5	5	5	6	6
Buy	3	3	3	3	3	3
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	9	9	9	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joon Lee Truist Securities	Truist Securities	Strong Buy Maintains $175 → $85	Strong Buy	Maintains	$175 → $85	+144.60%	Mar 3, 2025
Joel Beatty Baird	Baird	Buy Maintains $117 → $73	Buy	Maintains	$117 → $73	+110.07%	Mar 3, 2025
Ami Fadia Needham	Needham	Strong Buy Maintains $150 → $85	Strong Buy	Maintains	$150 → $85	+144.60%	Mar 3, 2025
Douglas Tsao HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $120 → $105	Strong Buy	Maintains	$120 → $105	+202.16%	Mar 3, 2025
David Hoang Deutsche Bank	Deutsche Bank	Strong Buy Initiates $111	Strong Buy	Initiates	$111	+219.42%	Feb 11, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.01M

Decreased by -88.20%

from 8.55M

Revenue Next Year

34.40M

Increased by 3,309.71%

from 1.01M

EPS This Year

-11.93

from -10.21

EPS Next Year

-12.00

from -11.93

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	-	-	-	2.45M	8.55M	1.01M	34.40M	109.46M
Revenue Growth	-	-	-	-	249.53%	-88.20%	3,309.71%	218.16%
EPS	-117.86	-59.03	-69.65	-18.69	-10.21	-11.93	-12.00	-9.89
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	13	11	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	3.2M	77.0M	201.8M
Avg	1.0M	34.4M	109.5M
Low	n/a	844,760	29.1M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	-63.2%	7,527.8%	486.6%
Avg	-88.2%	3,309.7%	218.2%
Low	-	-16.3%	-15.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	-9.93	-9.39	-2.94
Avg	-11.93	-12.00	-9.89
Low	-14.57	-18.94	-15.47

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.