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Praxis Precision Medicines (PRAX)
NASDAQ:PRAX
RESEARCH TOOLSreports
Holding PRAX?
Track your performance easily
See the Price Targets and Ratings of:
PRAX Analyst Ratings
Strong Buy
8 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
PRAX Stock 12 Month Forecast
Average Price Target
$144.50
▲(96.12% Upside)
| Highest Price Target$270.00 | Average Price Target$144.50 | Lowest Price Target$51.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Piper Sandler
Assigned
11/12/24
Truist Financial
Reiterated
11/07/24
TD Cowen
Assigned
11/07/24
Robert W. Baird
Reiterated
11/07/24
H.C. Wainwright
Reiterated
11/07/24
Guggenheim
Reiterated
11/06/24
Needham
Reiterated
11/06/24
Oppenheimer
Reiterated
10/31/24
Wedbush
Reiterated
09/03/24
Jefferies
$128→$141
Buy
91.37%
Upside
Reiterated
05/28/24
Praxis Precision Medicines Inc. (PRAX) PT Raised to $141 at JefferiesJefferies analyst Kambiz Yazdi raised the price target on Praxis Precision Medicines Inc. (NASDAQ: PRAX) to $141.00 (from $128.00) while maintaining a Buy rating.
Best Analysts Covering Praxis Precision Medicines
Which Analyst Should I Follow If I Want to Buy PRAX and Sell After:
1 Month
xxx
Success Rate
6/10 ratings generated profit
Average Return
-0.48%
reiterated a xxx
rating 14 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 60.00% of your transactions generating a profit, with an average return of -0.48% per trade.
3 Months
xxx
Success Rate
7/10 ratings generated profit
Average Return
+31.28%
reiterated a xxx
rating 14 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 70.00% of your transactions generating a profit, with an average return of +31.28% per trade.
1 Year
2 Years
xxx
Success Rate
10/10 ratings generated profit
Average Return
+129.83%
reiterated a xxx
rating 14 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +129.83% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
PRAX Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
10
12
15
16
16
Buy
3
3
3
4
3
Hold
0
1
2
2
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
13
16
20
22
20
Each month's total comprises the sum of three months' worth of ratings.
PRAX Financial Forecast
PRAX Stock Forecast FAQ
What is PRAX’s average 12-month price target, according to analysts?
Based on analyst ratings, Praxis Precision Medicines’s 12-month average price target is $144.50.
What is PRAX’s upside potential, based on the analysts’ average price target?
Praxis Precision Medicines has 96.12% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is PRAX a Buy, Sell or Hold?
Praxis Precision Medicines has a consensus rating of Strong Buy which is based on 8 buy ratings, 1 hold ratings and 0 sell ratings.
What is Praxis Precision Medicines’s price target?
The average price target for Praxis Precision Medicines is $144.50. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $270.00 ,the lowest forecast is $51.00. The average price target represents 96.12% Increase from the current price of $73.68.
The highest analyst price target is $270.00 ,the lowest forecast is $51.00. The average price target represents 96.12% Increase from the current price of $73.68.
What do analysts say about Praxis Precision Medicines?
Praxis Precision Medicines’s analyst rating consensus is a Strong Buy. This is based on the ratings of 9 Wall Streets Analysts.
How can I buy shares of PRAX?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.