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Asset logo for symbol PRAX
Praxis Precision Medicines
PRAX50
$37.02arrow_drop_down0.38%-$0.14
Asset logo for symbol PRAX
PRAX50

$37.02

arrow_drop_down0.38%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Praxis Precision Medicines (PRAX) Stocklytics Forecast

Praxis Precision Medicines Inc (PRAX) is a biopharmaceutical company focused on developing precision therapies for patients with central nervous system disorders. The company's mission is to transform the lives of patients by targeting the underlying genetic drivers of their diseases. With a strong pipeline of innovative therapies, Praxis Precision Medicines is well-positioned for future growth and success.
The stock price of Praxis Precision Medicines Inc (PRAX) is subject to various factors that can influence its performance. Analysts have provided price targets for the company, with an average target of $75 by 2023. This indicates potential upside for investors who believe in the company's growth prospects. It is important to note that these price targets are based on analysts' assessments and can be subject to change based on market conditions and company developments.
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Frequently Asked Questions

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What is the analyst price prediction for Praxis Precision Medicines (PRAX) stock?

Analysts have set a target price of $23.37 for Praxis Precision Medicines (PRAX), based on forecasts from 19 analysts. The predicted price range extends from a high of $150 to a low of $2. This represents a potential increase of up to 305.19% and a decrease of -94.6% from the current price of $37.02. These forecasts are as of 2020 Nov 10.
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What are the analyst ratings for Praxis Precision Medicines (PRAX) stock?

The analyst ratings for Praxis Precision Medicines (PRAX) are distributed as follows: 11 analysts recommend buying, 0 have a neutral stance, and 1 suggest selling. The prevailing sentiment among the total of 12 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Praxis Precision Medicines .
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What is the AI price prediction for Praxis Precision Medicines (PRAX) stock?

At present, there is no AI or machine-learning-based price prediction available for Praxis Precision Medicines (PRAX) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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