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Praxis Precision Medicines Inc Stock (PRAX) Forecast

The Praxis Precision Medicines Inc (PRAX) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $25.72, representing a -53.06% decrease from the current price of $54.80. The highest analyst price target is $35.76, and the lowest is $15.68.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month PRAX Price Target
Average 17.94 (-67.26% Downside)
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Is Praxis Precision Medicines Inc (PRAX) A Buy Now?

Oscillators
Name Value Action
RSI(14) 55.79 Neutral
STOCH(9,6) 47.48 Neutral
STOCHRSI(14) 100.00 Sell
MACD(12,26) -0.2666 Buy
ADX(14) 19.40 Neutral
William %R -15.45 Sell
CCI(14) 103.85 Buy
Buy: 2 Sell: 2 Neutral: 3
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
50.55
Buy
51.47
Buy
MA20
51.99
Buy
51.81
Buy
MA50
51.59
Buy
49.43
Buy
MA100
41.27
Buy
41.05
Buy
MA200
21.50
Buy
28.88
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, PRAX could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 2 signaling Sell signals and 3 Neutral signals. This might be a good time to open fresh positions on PRAX, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 55.79 indicates that PRAX is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 47.48 indicates that PRAX is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that PRAX is oversold. This suggests that PRAX price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 19.4 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 103.85 indicates that PRAX is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.

Long-term PRAX price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Praxis Precision Medicines Inc financial reports and earnings history, Praxis Precision Medicines Inc (PRAX) stock could reach $16.57 by 2030, $56.85 by 2040 and $83.70 by 2050. See the projected annual prices until 2050 of the Praxis Precision Medicines Inc stock below:

  • Praxis Precision Medicines Inc (PRAX) is expected to reach an average price of $23.65 in 2035, with a high prediction of $13.36 and a low estimate of $8.8687. This indicates an $-56.84% rise from the last recorded price of $54.80.
  • Praxis Precision Medicines Inc (PRAX) stock is projected to chart a bullish course in 2040, with an average price target of $56.46, representing an $3.03% surge from its current level. The forecast ranges from a conservative $51.24 to a sky-high $56.85.
  • Our analysts predict Praxis Precision Medicines Inc (PRAX) to jump -3.28% by 2045, soaring from $53.33 to an average price of $53.00, potentially reaching $53.99. While $53.33 is the low estimate, the potential upside is significant.
  • Praxis Precision Medicines Inc (PRAX) stock is expected to climb by 2050, reaching an average of $85.55, a $56.11% jump from its current level. However, a wide range of estimates exists, with high and low targets of $83.70 and $84.56, respectively, highlighting the market's uncertainty.

Praxis Precision Medicines Inc Stock (PRAX) Year by Year Forecast

Praxis Precision Medicines Inc Stock (PRAX) Price Forecast for 2024

Our forecast for PRAX stock price in 2024 now indicates an average price target of $23.16 with a high forecast of $46.20 and a low forecast of $0.1193. The average prediction reflects an decrease of -57.74% from the last recorded price of $54.80.
Month Average Low High Change from today's price
May, 2024 $16.52 $15.68 $35.76 -69.85%
June, 2024 $13.15 $10.43 $19.92 -76.01%
July, 2024 $5.5915 $3.8063 $18.45 -89.80%
August, 2024 $7.6124 $3.6667 $9.2324 -86.11%
September, 2024 $3.6784 $2.8484 $8.8376 -93.29%
October, 2024 $0.2093 $0.1193 $5.0386 -99.62%
November, 2024 $7.9901 $0.8455 $8.2501 -85.42%
December, 2024 $6.0262 $4.7457 $9.9203 -89.00%

Praxis Precision Medicines Inc Stock (PRAX) Price Forecast for 2025

Praxis Precision Medicines Inc Stock (PRAX) is expected to reach an average price of $5.2227 in 2025, with a high prediction of $10.43 and a low estimate of $0.0184. This indicates an -90.47% fall from the last recorded price of $54.80.
Month Average Low High Change from today's price
January, 2025 $7.627 $4.2614 $10.43 -86.08%
February, 2025 $3.7678 $3.5578 $9.7922 -93.12%
March, 2025 $7.7939 $3.223 $8.0339 -85.78%
April, 2025 $2.3247 $1.3347 $7.8543 -95.76%
May, 2025 $0.3156 $0.0396 $2.9499 -99.42%
June, 2025 $0.0216 $0.0184 $1.536 -99.96%
July, 2025 $1.5175 $1.438 $1.2975 -97.23%
August, 2025 $3.9767 $1.9923 $3.3019 -92.74%
September, 2025 $3.6006 $2.1111 $2.9215 -93.43%
October, 2025 $9.4198 $4.1154 $9.665 -82.81%
November, 2025 $8.039 $8.569 $9.1794 -85.33%
December, 2025 $7.7129 $7.7629 $7.9833 -85.93%

Praxis Precision Medicines Inc Stock (PRAX) Price Forecast for 2026

The predicted value for Praxis Precision Medicines Inc (PRAX) in 2026 is set at an average of $7.5789. Estimates vary from a peak of $9.2808 to a trough of $5.877, indicating an -86.17% surge from the present price of $54.80.
Month Average Low High Change from today's price
January, 2026 $7.8921 $7.7477 $8.0373 -85.60%
February, 2026 $8.9612 $8.8169 $8.6762 -83.65%
March, 2026 $8.8952 $9.1304 $9.2808 -83.77%
April, 2026 $8.6343 $8.92 $8.8295 -84.24%
May, 2026 $8.2835 $8.6935 $8.5741 -84.88%
June, 2026 $5.7674 $6.5474 $8.1283 -89.48%
July, 2026 $6.9266 $5.877 $6.4166 -87.36%
August, 2026 $9.1805 $7.0414 $9.1258 -83.25%
September, 2026 $9.0697 $9.2297 $9.2226 -83.45%
October, 2026 $8.8889 $8.9438 $8.9145 -83.78%
November, 2026 $8.7702 $8.7728 $8.8037 -84.00%
December, 2026 $8.412 $8.472 $8.5676 -84.65%

Praxis Precision Medicines Inc Stock (PRAX) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Praxis Precision Medicines Inc (PRAX) is $15.96, with a high forecast of $31.45 and a low forecast of $0.4783. This indicates an -70.87% decrease from the last price of $54.80.
Month Average Low High Change from today's price
January, 2027 $8.481 $8.4268 $8.4511 -84.52%
February, 2027 $7.8303 $8.0403 $8.4259 -85.71%
March, 2027 $7.7142 $7.8014 $7.7744 -85.92%
April, 2027 $7.8134 $7.6388 $7.6084 -85.74%
May, 2027 $7.8073 $7.9529 $7.883 -85.75%
June, 2027 $8.1335 $6.5985 $9.7694 -85.16%
July, 2027 $4.1904 $0.9343 $11.67 -92.35%
August, 2027 $13.55 $0.9787 $16.85 -75.27%
September, 2027 $25.41 $10.35 $28.91 -53.62%
October, 2027 $21.60 $19.70 $31.45 -60.59%
November, 2027 $7.478 $2.528 $26.11 -86.35%
December, 2027 $4.0997 $0.4783 $21.33 -92.52%

Praxis Precision Medicines Inc Stock (PRAX) Price Forecast for 2028

In 2028, Praxis Precision Medicines Inc (PRAX) is projected to reach an average price of $6.0819, with a high projection of $12.00 and a low estimate of $0.1623. This indicates an -88.90% fall from the last price of $54.80.
Month Average Low High Change from today's price
January, 2028 $2.3518 $0.1623 $5.6605 -95.71%
February, 2028 $8.4365 $3.1678 $7.9965 -84.60%
March, 2028 $7.6449 $8.5553 $7.9761 -86.05%
April, 2028 $10.05 $9.4036 $8.484 -81.65%
May, 2028 $8.3511 $11.41 $12.00 -84.76%
June, 2028 $5.8594 $7.5244 $6.8302 -89.31%
July, 2028 $6.6573 $7.719 $7.2077 -87.85%
August, 2028 $4.0656 $5.766 $6.0769 -92.58%
September, 2028 $8.8039 $6.4452 $8.0139 -83.93%
October, 2028 $5.8618 $7.9418 $5.7637 -89.30%
November, 2028 $12.02 $7.5414 $9.6901 -78.07%
December, 2028 $12.27 $12.07 $11.31 -77.61%

Praxis Precision Medicines Inc Stock (PRAX) Price Forecast for 2029

The 2029 price forecast for Praxis Precision Medicines Inc Stock (PRAX) is $16.78 on average, with a high prediction of $21.46 and a low estimate of $12.10. This represents an -69.38% decrease from the previous price of $54.80.
Month Average Low High Change from today's price
January, 2029 $12.85 $12.10 $12.00 -76.56%
February, 2029 $14.08 $13.73 $13.52 -74.30%
March, 2029 $16.00 $15.92 $15.41 -70.80%
April, 2029 $15.14 $14.08 $14.98 -72.37%
May, 2029 $21.00 $21.22 $21.46 -61.68%
June, 2029 $19.96 $20.00 $20.87 -63.58%
July, 2029 $18.77 $19.16 $19.50 -65.76%
August, 2029 $19.88 $19.65 $19.37 -63.72%
September, 2029 $20.58 $20.08 $20.04 -62.44%
October, 2029 $19.79 $19.87 $20.37 -63.89%
November, 2029 $19.43 $19.56 $19.71 -64.55%
December, 2029 $18.75 $19.01 $19.34 -65.79%

Praxis Precision Medicines Inc Stock (PRAX) Price Forecast for 2030

Praxis Precision Medicines Inc Stock (PRAX) is expected to reach an average price of $17.85 in 2030, with a high forecast of $19.37 and a low forecast of $16.33. This signifies an -67.42% decrease from the last price of $54.80.
Month Average Low High Change from today's price
January, 2030 $16.00 $16.43 $16.57 -70.79%
February, 2030 $17.36 $16.33 $17.09 -68.32%
March, 2030 $19.39 $17.64 $19.37 -64.61%
April, 2030 $19.00 $19.06 $19.36 -65.33%
May, 2030 $18.76 $18.79 $18.89 -65.77%
June, 2030 $18.52 $18.53 $18.62 -66.20%
July, 2030 $18.00 $18.00 $18.29 -67.15%
August, 2030 $17.91 $17.95 $17.94 -67.31%
September, 2030 $16.95 $17.06 $17.65 -69.07%
October, 2030 $16.53 $16.86 $16.96 -69.84%
November, 2030 $16.96 $16.72 $16.72 -69.06%
December, 2030 $16.42 $16.57 $16.83 -70.03%
$80.91
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$153.58
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$143.31
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$28.15
price up icon 2.51%
$87.21
price up icon 0.58%
$372.80
price up icon 1.14%
Cap:     |  Volume (24h):