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Praxis Precision Medicines, Inc (PRAX)
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SymbolPRAX
IPO DateOct 16, 2020
CEOMr. Marcio Silva De'Souza M.B.A.
Full Time Employees168
SectorHealthcare
IndustryBiotechnology
CountryUnited States
ExchangeNasdaqGS
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 in the United States. 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 in NDA for the treatment of essential tremor; relutrigine, a small molecule, which is in NDA for the treatment of SCN2A- and SCN8A-developmental and epileptic encephalopathies (DEE), as well as in Phase 3 trial for broad DEEs; vormatrigine, a small molecule targeting the hyperexcitable state of sodium-channels in the brain that is in Phase 3 trial for the treatment of adjunctive focal epilepsy, as well as in Phase 2 trial for monotherapy focal epilepsy; and Elsunersen, a clinical-stage ASO designed to selectively decrease SCN2A gene expression, which is in Phase 3 trial for the treatment of SCN2A-DEE. In addition, the company is developing product candidates in pre-clinical trial comprising PRAX-020 to treat KCNT1; PRAX-080 that targets PCDH19 mosaic expression disorders; PRAX-090 for targeting SYNGAP1 loss-of-function; and PRAX-100 that targets SCN2A LoF mutations. It has a cooperation and license agreement with RogCon Inc.; and a research collaboration, option, and license agreement with Ionis Pharmaceuticals, Inc. The company was formerly known as EpiPM Therapeutics, Inc. and changed its name to Praxis Precision Medicines, Inc. in October 2016. Praxis Precision Medicines, Inc. was incorporated in 2015 and is headquartered in Boston, Massachusetts.
Performance
| Period | Return % | Value Change |
|---|---|---|
| 1 Day | +7.61% | +18.88 US$ |
| 5 Days | +5.06% | +12.86 US$ |
| 1 Month | -23.06% | -79.98 US$ |
| 6 Months | -0.72% | -1.94 US$ |
Analyzing Market with AI
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Key Statistics
Market Cap
7.43B
P/E Ratio
N/A
Div Yield
N/A
52W High
$366.52
52W Low
$37.19
Analyst Consensus
ConsensusStrong Buy
Bullish1588.2%
Neutral15.9%
Bearish15.9%
52W Analyst Price Targets
Min Target
$162.00
$162.00
Max Target
$1201.00
$1201.00
Current$266.86
Avg Target$627.59
Analyst Recommendations
Target Price:$627.59($162.00 - $1201.00)
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Latest News for PRAX
BTIG Reaffirms Buy Rating for Praxis Precision Medicines (PRAX)
Insider Monkey•Jun 11, 2026, 10:20 AM
Praxis Precision Medicines (PRAX) Shares Phase 2/3 POWER1 Study Findings
Insider Monkey•Jun 5, 2026, 03:55 PM
Praxis Precision Medicines to Participate in Goldmans Sachs 47th Annual Global Healthcare Conference
GlobeNewswire•Jun 4, 2026, 08:01 PM
Praxis Precision Medicines Faces Vormatrigine Setback And Reassesses Epilepsy Pipeline
Simply Wall St.•Jun 3, 2026, 05:13 AM
PRAX Stock Drops 12% After Hours On Trial Setback — Retail Eyes FDA Approval Of Other Pipeline Candidates
Stocktwits•Jun 1, 2026, 11:52 PM
Praxis Precision Medicines, Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
GlobeNewswire•Jun 2, 2026, 08:01 PM
Oppenheimer Adjusts Praxis Precision Medicines PT to $650 From $750, Maintains Outperform Rating
MT Newswires•Jun 2, 2026, 12:42 PM
Wedbush Adjusts PT on Praxis Precision Medicines to $162 From $166, Maintains Underperform Rating
MT Newswires•Jun 2, 2026, 11:36 AM
Deutsche Bank Adjusts Praxis Precision Medicines PT to $374 From $420, Maintains Buy Rating
MT Newswires•Jun 2, 2026, 11:38 AM