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Praxis Precision Medicines, Inc. (PRAX)

Healthcare | Biotechnology | Boston, United States | NasdaqGS
342.50 USD +22.11 (6.901%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 342.00 -0.50 (-0.500%) ⇩ (April 17, 2026, 7:36 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 11, 2026, 2:58 p.m. EDT

PRAX is experiencing significant volatility, with recent price movements showing both upward and downward trends. The stock has a high beta, indicating it is more sensitive to market movements. The fundamental data shows negative earnings and a high price-to-book ratio, which may indicate overvaluation. The options activity suggests a mixed outlook, with both bullish and bearish signals. Given the high volatility and negative fundamentals, it is advisable to approach with caution.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.040269
MSTL0.046717
AutoTheta0.205810
AutoARIMA0.303540

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 79%
H-stat 1.04
Ljung-Box p 0.000
Jarque-Bera p 0.960
Excess Kurtosis -0.10
Attribute Value
Sector Healthcare
Debt to Equity Ratio 0.013
Market Cap 9,538,910,208
Forward P/E -39.81
Beta 2.97
Website https://praxismedicines.com

As of April 11, 2026, 2:58 p.m. EDT: Options speculators are showing mixed signals. The calls show a concentration around the ATM strike of 320, with significant OI and IV at this level, suggesting potential support. However, there are also signs of volatility with IV spikes at distant strikes, indicating uncertainty. Puts show heavy OI at lower strikes, which could indicate bearish sentiment or hedging against downside risk. The overall options activity suggests a cautious outlook with potential for both upward and downward movements.


Info Dump

Attribute Value
52 Week Change 8.691567
Address1 99 High Street
Address2 30th Floor
All Time High 914.265
All Time Low 11.85
Ask 344.71
Ask Size 1
Audit Risk 5
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 388,210
Average Daily Volume3 Month 449,958
Average Volume 449,958
Average Volume10Days 388,210
Beta 2.968
Bid 340.13
Bid Size 1
Board Risk 7
Book Value 34.853
City Boston
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 342.5
Current Ratio 10.221
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 346.345
Day Low 324.87
Debt To Equity 0.013
Display Name Praxis Precision Medicines
Earnings Call Timestamp End 1,771,506,000
Earnings Call Timestamp Start 1,771,506,000
Earnings Timestamp 1,771,507,800
Earnings Timestamp End 1,777,552,200
Earnings Timestamp Start 1,777,552,200
Ebitda -326,057,984
Ebitda Margins 0.0
Enterprise To Ebitda -27.417
Enterprise Value 8,939,688,960
Eps Current Year -15.21651
Eps Forward -8.60399
Eps Trailing Twelve Months -13.49
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 316.649
Fifty Day Average Change 25.851013
Fifty Day Average Change Percent 0.081639335
Fifty Two Week Change Percent 869.15674
Fifty Two Week High 356.0
Fifty Two Week High Change -13.5
Fifty Two Week High Change Percent -0.037921347
Fifty Two Week Low 32.784
Fifty Two Week Low Change 309.716
Fifty Two Week Low Change Percent 9.447169
Fifty Two Week Range 32.784 - 356.0
Financial Currency USD
First Trade Date Milliseconds 1,602,855,000,000
Float Shares 25,778,731
Forward Eps -8.60399
Forward P E -39.807114
Free Cashflow -146,253,744
Full Exchange Name NasdaqGS
Full Time Employees 168
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.0
Gross Profits -267,115,008
Has Pre Post Market Data 1
Held Percent Insiders 0.00398
Held Percent Institutions 1.0701699
Implied Shares Outstanding 27,850,833
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,020-10-16
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,701,216,000
Last Split Factor 1:15
Long Business Summary 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.
Long Name Praxis Precision Medicines, Inc.
Market us_market
Market Cap 9,538,910,208
Market State CLOSED
Max Age 86,400
Message Board Id finmb_409236524
Most Recent Quarter 1,767,139,200
Net Income To Common -303,268,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 9,538,910,302
Number Of Analyst Opinions 17
Open 326.26
Operating Cashflow -249,068,000
Operating Margins 0.0
Overall Risk 10
Payout Ratio 0.0
Phone 617 300 8460
Post Market Change -0.5
Post Market Change Percent -0.1459854
Post Market Price 342.0
Post Market Time 1,776,468,961
Previous Close 320.39
Price Eps Current Year -22.508446
Price Hint 2
Price To Book 9.826987
Profit Margins 0.0
Quick Ratio 10.027
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.47059
Region US
Regular Market Change 22.11
Regular Market Change Percent 6.90096
Regular Market Day High 346.345
Regular Market Day Low 324.87
Regular Market Day Range 324.87 - 346.345
Regular Market Open 326.26
Regular Market Previous Close 320.39
Regular Market Price 342.5
Regular Market Time 1,776,456,000
Regular Market Volume 425,221
Return On Assets -0.28694
Return On Equity -0.45825002
Sand P52 Week Change 0.38150132
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 27,850,833
Shares Percent Shares Out 0.142
Shares Short 3,953,698
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 3,786,207
Short Name Praxis Precision Medicines, Inc
Short Percent Of Float 0.1421
Short Ratio 9.07
Source Interval 15
State MA
Symbol PRAX
Target High Price 1,245.0
Target Low Price 130.0
Target Mean Price 631.35297
Target Median Price 545.0
Total Cash 599,331,008
Total Cash Per Share 21.519
Total Debt 110,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -13.49
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 188.57553
Two Hundred Day Average Change 153.92447
Two Hundred Day Average Change Percent 0.81624836
Type Disp Equity
Volume 425,221
Website https://praxismedicines.com
Zip 2,110