Market Cap 1.10B
Revenue (ttm) 8.55M
Net Income (ttm) -182.82M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin -2,138.25%
Debt to Equity Ratio 0.00
Volume 1,788,800
Avg Vol 361,244
Day's Range N/A - N/A
Shares Out 20.37M
Stochastic %K 14%
Beta 2.62
Analysts Strong Sell
Price Target $99.17

Company Profile

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-ty...

Industry: Biotechnology
Sector: Healthcare
Phone: 617 300 8460
Address:
99 High Street, 30th Floor, Boston, United States
dgbio
dgbio Aug. 4 at 7:36 PM
$PRAX 22% of the patients with 100% seizure reduction is a very good result. Epilepsy is a diverse disease, with diverse treatments. You can't expect to treat everyone with a single drug. Novel treatments reach on average only about $300M in sales in the US market. If vormatrigine can treat 20% of the resistant FOS epilepsy patients it's more than $1 billion in the U.S. sales.
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R84877P
R84877P Aug. 4 at 5:05 PM
$PRAX Looking good
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TurdEquities111
TurdEquities111 Aug. 4 at 1:39 PM
$PRAX News isnt good enough. I expect this to drop below 40 today.
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stingrae
stingrae Aug. 4 at 1:28 PM
$PRAX Yikes. Sell the news event crushong all calls at the open. Will be lookomg for am entry on this one. Data was very strong.
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MaverikIT
MaverikIT Aug. 4 at 12:46 PM
$PRAX very nice $AXSM
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OpenOutcrier
OpenOutcrier Aug. 4 at 12:28 PM
$PRAX (+21.1% pre) Praxis Precision Medicines Announces Positive, Best-in-Disease Topline Results in Patients with Focal Onset Seizures from the RADIANT Study of Vormatrigine https://ooc.bz/l/72396
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TurdEquities111
TurdEquities111 Aug. 4 at 12:12 PM
$PRAX I guess its a leak no official news yet. This needs to pop more than 30 percent atleast either way.
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TurdEquities111
TurdEquities111 Aug. 3 at 6:14 PM
$PRAX This better move more than 20 percent tomorrow.
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dgbio
dgbio Aug. 1 at 5:48 PM
$PRAX One of the best stories in biotech right now. Disregard the tremor program. Three interesting molecules for epilepsy are advancing rapidly. A minor data release is scheduled for Monday before market open.
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TurdEquities111
TurdEquities111 Aug. 1 at 6:40 AM
$PRAX No ones talking about this. What a surprise when theres catalysts on Monday thats deeemed important.
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Latest News on PRAX
Praxis Precision Medicines to Host PRAX-628 Program Update

Mar 25, 2024, 4:01 PM EDT - 1 year ago

Praxis Precision Medicines to Host PRAX-628 Program Update


dgbio
dgbio Aug. 4 at 7:36 PM
$PRAX 22% of the patients with 100% seizure reduction is a very good result. Epilepsy is a diverse disease, with diverse treatments. You can't expect to treat everyone with a single drug. Novel treatments reach on average only about $300M in sales in the US market. If vormatrigine can treat 20% of the resistant FOS epilepsy patients it's more than $1 billion in the U.S. sales.
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R84877P
R84877P Aug. 4 at 5:05 PM
$PRAX Looking good
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TurdEquities111
TurdEquities111 Aug. 4 at 1:39 PM
$PRAX News isnt good enough. I expect this to drop below 40 today.
1 · Reply
stingrae
stingrae Aug. 4 at 1:28 PM
$PRAX Yikes. Sell the news event crushong all calls at the open. Will be lookomg for am entry on this one. Data was very strong.
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MaverikIT
MaverikIT Aug. 4 at 12:46 PM
$PRAX very nice $AXSM
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OpenOutcrier
OpenOutcrier Aug. 4 at 12:28 PM
$PRAX (+21.1% pre) Praxis Precision Medicines Announces Positive, Best-in-Disease Topline Results in Patients with Focal Onset Seizures from the RADIANT Study of Vormatrigine https://ooc.bz/l/72396
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TurdEquities111
TurdEquities111 Aug. 4 at 12:12 PM
$PRAX I guess its a leak no official news yet. This needs to pop more than 30 percent atleast either way.
1 · Reply
TurdEquities111
TurdEquities111 Aug. 3 at 6:14 PM
$PRAX This better move more than 20 percent tomorrow.
1 · Reply
dgbio
dgbio Aug. 1 at 5:48 PM
$PRAX One of the best stories in biotech right now. Disregard the tremor program. Three interesting molecules for epilepsy are advancing rapidly. A minor data release is scheduled for Monday before market open.
1 · Reply
TurdEquities111
TurdEquities111 Aug. 1 at 6:40 AM
$PRAX No ones talking about this. What a surprise when theres catalysts on Monday thats deeemed important.
1 · Reply
Jmac9999
Jmac9999 Jul. 30 at 7:50 PM
$PRAX Where does this trade next week on +/- data?
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LarryFeelTheHeaton
LarryFeelTheHeaton Jul. 30 at 3:47 PM
$IXHL Blew Phase 2 out of the water: AHI down up to 83% — strong efficacy. Oral sleep apnea treatment = first of its kind. No serious side effects. OSA market = 900M patients globally. CPAP noncompliance = huge unmet need. 💰 Current market cap = ~$83M Meanwhile, look at comps: $ATXS (HAE, Ph2) = $250M $PRAX (CNS, Ph2) = $280M $ARDX (Ph2–3) = $400M+ $TGTX pre-run = $120M → ran 10x post-Ph3 📈 If IXHL starts Phase 3 w/ FDA blessing, re-rating to $200–300M cap is conservative 🔥 Float’s tight. Volume could detonate this.
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TurdEquities111
TurdEquities111 Jul. 29 at 9:44 PM
$PRAX They will drop top line data on August 4?
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JarvisFlow
JarvisFlow Jul. 29 at 11:00 AM
Chardan Capital updates rating for Praxis Precision Medicine ( $PRAX ) to Buy, target set at 80.
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R84877P
R84877P Jul. 25 at 4:35 PM
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Quantumup
Quantumup Jul. 18 at 12:46 PM
H.C. Wainwright reitd $PRAX Buy-$105 after Praxis announced that FDA had granted Breakthrough Therapy Designation (BTD) for relutrigine, for the treatment of pediatric patients with SCN2A and SCN8A DEEs. $RAPP $XENE $BHVN $DRUG NBIX ( LBPH - HLBBF HLUBF) H.C. Wainwright said in its note: "While investor attention has largely been on the upcoming readout of vormatrigine's RADIANT study in focal onset seizures, there has been increasing appreciation that relutrigine is deserving of attention. There's a case to be made that relutrigine's commercial potential in DEEs may even exceed vormatrigine's potential in FOS—we make that statement despite being "bulls" on the vormatrigine story. We believe the efficacy that relutrigine demonstrated in the EMBOLD study was potentially paradigm-shifting in its ability to offer seizure freedom to patients. H.C. Wainwright went on to say:
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Quantumup
Quantumup Jul. 16 at 10:02 AM
Citizens reiterated $RAPP Market Outperform-$28 after a KOL call reinforced its confidence in the pot'l for positive RAP-219 Phase 2 results in focal epilepsy. $PRAX $XENE $BHVN $NBIX TAK UCBJY Citizens said in its note: "We recently hosted Dr. Vikram Rao, a neurologist from UCSF and epilepsy KOL, for a discussion on the upcoming Phase 2 proof-of-concept results for RAP-219 in focal epilepsy. Dr. Rao is optimistic about the potential for RAP-219 in focal epilepsy due to its validated yet differentiated mechanism of action, compelling preclinical results, and innovative Phase 2 trial design. RAPP remains one of our two high-conviction calls into the Phase 2 results in September."
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Quantumup
Quantumup Jul. 10 at 3:01 PM
Piper Sandler reiterated $PRAX Overweight-$270 and Provided its Takeaways From Their Well-Attended NYC Investor Dinner, Ahead of Ph2 RADIANT $NBIX $BHVN $XENE AQST $BIIB DNLI JAZZ UCBJF Piper Sandler said in it research report:
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IN0V8
IN0V8 Jul. 8 at 4:51 PM
$PRAX Buy Oppenheimer raises target price to $115 from $97
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StockConsultant
StockConsultant Jul. 3 at 4:04 AM
$PRAX Praxis Precision Medicines stock, strong day, watch for an upside gap breakout above 46.98 at https://stockconsultant.com/?PRAX
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JarvisFlow
JarvisFlow Jun. 12 at 11:00 AM
Needham has adjusted their stance on Praxis Precision Medicine ( $PRAX ), setting the rating to Buy with a target price of 80.
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StockConsultant
StockConsultant Jun. 3 at 1:29 PM
$PRAX Praxis Precision Medicines stock, watch for an upside gap breakout at https://stockconsultant.com/?PRAX
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