
PRAX Stock Forecast & Price Target
PRAX Analyst Ratings
Bulls say
Praxis Precision Medicines Inc has demonstrated significant potential for growth and market opportunity, particularly highlighted by a greater than 200% stock price increase following positive pivotal trial readouts for its lead drug, ulixacaltamide, in essential tremor. The Phase 3 study results show a substantial 4.3-point improvement in the primary efficacy measure from baseline, significantly exceeding the expected benchmark and underscoring the drug's efficacy across multiple clinical subdomains. Additionally, the company's strengthened balance sheet provides the necessary flexibility to advance ulixacaltamide towards a pre-NDA meeting, enhancing its positioning for future commercial success.
Bears say
Praxis Precision Medicine has adjusted its fiscal year 2026 earnings per share estimate to -$14.73, reflecting revised research and development assumptions mainly tied to the upcoming regulatory submission for ulixacaltamide. The company faces significant risks related to clinical and regulatory setbacks, which could adversely impact its stock value, as well as potential operational issues that may hinder the marketing and sales of its therapeutic pipeline. Furthermore, concerns regarding the efficacy data of ulixacaltamide and increasing competition for its pipeline products add to the uncertainty surrounding the company's long-term financial outlook.
This aggregate rating is based on analysts' research of Praxis Precision Medicines and is not a guaranteed prediction by Public.com or investment advice.
PRAX Analyst Forecast & Price Prediction
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