Praxis Precision Medicines, Inc. (PRAX)

NASDAQ: PRAX · Real-Time Price · USD
247.99
+58.02 (30.54%)
At close: Dec 5, 2025, 4:00 PM EST
251.25
+3.26 (1.31%)
After-hours: Dec 5, 2025, 7:59 PM EST
30.54%
Market Cap 6.20B
Revenue (ttm) 7.46M
Net Income (ttm) -273.04M
Shares Out 25.01M
EPS (ttm) -12.92
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,893,872
Open 241.00
Previous Close 189.97
Day's Range 240.41 - 277.44
52-Week Range 26.70 - 277.44
Beta 2.97
Analysts Strong Buy
Price Target 239.62 (-3.38%)
Earnings Date Nov 5, 2025

About PRAX

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, engages in the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance. The company’s platforms include cerebrum, a small molecule platform for CNS small molecule therapies to develop orally available precision therapies; and solidus to discover and develop antisense oligonucleotide. It also develops Ulixacaltamide, a small molecule inhibitor of T-type calcium channels that is in Phase 3 clinical tr... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Oct 16, 2020
Employees 116
Stock Exchange NASDAQ
Ticker Symbol PRAX
Full Company Profile

Financial Performance

In 2024, PRAX's revenue was $8.55 million, an increase of 249.53% compared to the previous year's $2.45 million. Losses were -$182.82 million, 48.3% more than in 2023.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for PRAX stock is "Strong Buy." The 12-month stock price target is $239.62, which is a decrease of -3.38% from the latest price.

Price Target
$239.62
(-3.38% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Praxis' Epilepsy Drug Too Good To Continue, FDA Meeting Up Next

Praxis Precision Medicines Inc. (NASDAQ: PRAX) stock rose Friday after the company shared results from the registrational cohort of the EMBOLD study evaluating relutrigine for the treatment of patient...

10 hours ago - Benzinga

Praxis Precision Medicines Announces Positive Results from EMBOLD Study for Relutrigine in SCN2A and SCN8A Developmental and Epileptic Encephalopathies

Successful interim analysis triggered early stop for efficacy Topline study results to be shared at the American Epilepsy Society Annual Meeting on December 6, 2025 Praxis confirms an upcoming meeting...

1 day ago - GlobeNewsWire

Praxis Precision Medicines Announces Positive Pre-NDA Meeting with FDA for Ulixacaltamide in Essential Tremor

Praxis confirms plans to submit the essential tremor NDA for ulixacaltamide in early 2026 Praxis confirms plans to submit the essential tremor NDA for ulixacaltamide in early 2026

1 day ago - GlobeNewsWire

Praxis Precision Medicines, Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

BOSTON, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Praxis Precision Medicines, Inc. (Nasdaq: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for...

2 days ago - GlobeNewsWire

Praxis: Moving To Strong Buy Based On Ulixacaltamide Success In Treating ET

Praxis Precision Medicines, Inc. is upgraded to a Strong Buy, driven by pipeline progress and positive phase 3 data for Ulixacaltamide in Essential Tremor. PRAX's Ulixacaltamide achieved primary endpo...

9 days ago - Seeking Alpha

Praxis Precision Medicines, Inc. (PRAX) Discusses Essential3 Program and Statistical Modeling Approaches in Clinical Studies Transcript

Praxis Precision Medicines, Inc. ( PRAX) Discusses Essential3 Program and Statistical Modeling Approaches in Clinical Studies November 24, 2025 1:00 PM EST Company Participants Marcio Souza - Preside...

11 days ago - Seeking Alpha

Praxis Precision Medicines, Inc. (PRAX) Presents at Jefferies London Healthcare Conference 2025 Transcript

Praxis Precision Medicines, Inc. ( PRAX) Jefferies London Healthcare Conference 2025 November 18, 2025 8:30 AM EST Company Participants Marcio Souza - President, CEO & Director Conference Call Partic...

14 days ago - Seeking Alpha

Praxis Precision Medicines to Participate in Upcoming Fireside Chat

BOSTON, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Praxis Precision Medicines , Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies fo...

15 days ago - GlobeNewsWire

Short Seller Alleges Praxis Precision's Potential $3 Billion Drug 'A House Of Cards'

A short seller is challenging Praxis Precision Medicines Inc. (NASDAQ: PRAX) after the company claimed success from its Phase 3 trial of ulixacaltamide.

15 days ago - Benzinga

Biotech is back. Here's why these rallying stocks belong in your portfolio now.

The volatile sector is seeing greater stability, and these four stocks can profit.

4 weeks ago - Market Watch

Meet the Biotech Stock That Just Jumped 251% Higher

Shares of Praxis Precision Medicine shot 251% higher in a little over a week during the month of October. Praxis Precision Medicine announced successful results from a phase 3 trial with its lead cand...

5 weeks ago - The Motley Fool

Praxis Precision Medicines, Inc. Announces Pricing of $525 Million Public Offering

BOSTON, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Praxis Precision Medicines, Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for...

7 weeks ago - GlobeNewsWire

Praxis Precision Medicines, Inc. (PRAX) Discusses Essential3 Topline Results and Next Steps in Essential Tremor Program Transcript

Praxis Precision Medicines, Inc. (NASDAQ:PRAX) Discusses Essential3 Topline Results and Next Steps in Essential Tremor Program October 16, 2025 8:00 AM EDT Company Participants Marcio Souza - Preside...

7 weeks ago - Seeking Alpha

Praxis Precision Medicines, Inc. Announces Proposed Public Offering

BOSTON, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Praxis Precision Medicines, Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of therapies for...

7 weeks ago - GlobeNewsWire

Praxis Precision's tremor-drug trial succeeds where others have failed. The stock is skyrocketing.

Shares of Praxis Precision Medicines have hit their highest intraday level since March 2022.

7 weeks ago - Market Watch

What's fueling PRAX stock's jaw-dropping 235% surge on Thursday?

Praxis Precision Medicines (NASDAQ: PRAX stock) saw a skyrocketing 235% rally on Thursday after announcing positive topline results from two pivotal Phase 3 studies of ulixacaltamide for essential tre...

7 weeks ago - Invezz

Praxis Precision Medicines' movement disorder drug shows promise in trials

Praxis Precision Medicines said on Thursday its experimental drug for movement disorder helped improve daily functioning in patients in two late-stage trials.

7 weeks ago - Reuters

ReCode Therapeutics Announces Over $29 Million in Additional Financing to Advance Genetic Medicines Pipeline and Provides Corporate Update

MENLO PARK, Calif.--(BUSINESS WIRE)--ReCode Therapeutics, a clinical-stage genetic medicines company using tissue-specific delivery to power the next wave of mRNA and gene correction therapeutics, tod...

2 months ago - Business Wire

Praxis Precision Medicines to Participate in September Investor Conferences

BOSTON, Mass., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Praxis Precision Medicines , Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company translating genetic insights into the development of ther...

3 months ago - GlobeNewsWire

Praxis Medicines to Present at 36th International Epilepsy Congress 2025 in Lisbon, Showcasing Latest RADIANT Study Data and Leading Precision Epilepsy Pipeline

BOSTON, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Praxis Precision Medicines, Inc. (NASDAQ: PRAX), a clinical-stage biopharmaceutical company focused on developing therapies for central nervous system (CNS) d...

3 months ago - GlobeNewsWire

PRAX Investors Have Opportunity to Join Praxis Precision Medicines, Inc. Fraud Investigation with the Schall Law Firm

LOS ANGELES , Aug. 14, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Praxis Precision Med...

4 months ago - PRNewsWire

Praxis Precision Medicines, Inc. Investors: Company Investigated by the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses

4 months ago - GlobeNewsWire

Praxis Precision Medicines, Inc. (PRAX) Q2 2025 Earnings Call Transcript

Praxis Precision Medicines, Inc. (NASDAQ:PRAX) Q2 2025 Earnings Conference Call August 4, 2025 8:30 AM ET Company Participants a - Corporate Participant Marcio Silva De'Souza - President, CEO & Direc...

4 months ago - Seeking Alpha

Praxis (PRAX) Q2 Loss Widens 90%

Praxis (PRAX) Q2 Loss Widens 90%

4 months ago - The Motley Fool

Praxis Precision Medicines Provides Corporate Update and Reports Second Quarter 2025 Financial Results

RADIANT study with vormatrigine in focal onset seizure (FOS) patients over eight weeks demonstrated 56.3% median reduction in seizure frequency from baseline, with 22% at 100% seizure reduction in las...

4 months ago - GlobeNewsWire