Praxis Precision Medicines Inc
PRAX
NASDAQ
Biotechnology
$366.81
USD
-1.65 (-0.45%)
At close: Aug 14, 2026, 4:00 PM EDT
Market Cap $10.29B
Volume 262.2K
About Praxis Precision Medicines Inc
Praxis Precision Medicines, Inc. is a clinical-stage biopharmaceutical company, which engages in the genetic epilepsies into the development of therapies for central nervous system, or CNS, disorders characterized by neuronal excitation-inhibition imbalance. The company is headquartered in Boston, Massachusetts and currently employs 168 full-time employees. The company went IPO on 2020-10-16. The firm is applying genetic insights to the discovery and development of therapies for neurological disorders through two platforms, using its understanding of shared biological targets and circuits in the brain. Its platform includes Cerebrum, a small-molecule platform, which utilizes deep understanding of neuronal excitability and neuronal networks and applies a series of computational and experimental tools to develop orally available precision therapies, and Solidus, an antisense oligonucleotide platform, is an efficient, targeted precision medicine discovery and development engine anchored on a proprietary, computational methodology. The Company’s product candidates include ulixacaltamide, vormatrigine, relutrigine, PRAX-080, and others.
CEO
Mr. Marcio Souza
HQ
Boston, MASSACHUSETTS, US
Founded
2020
Employees
168
Key Metrics
3 metrics our research team weighs before forming a view on PRAX.
Based on Quantli research · SEC filings · as of Q2 2026
METRIC
VALUE
CHANGE
TREND (3Y)
Revenue Growth (TTM)
-100.0%
-438.5 pp
ROE (TTM)
-25.3%
+36.8 pp
Free Cash Flow (TTM)
$-305.38M
—
Financial Snapshot
Revenue
$0
-100.0%
YoY
Gross Margin
—
— YoY
Net Income
$-339.13M
-35.1%
YoY
Operating Cash Flow
$-305.08M
-59.5%
YoY
Key Statistics
Open
$365.02
Previous Close
$368.46
Day Range
$355.11 - $368.40
52 Week Range
$37.19 - $388.00
Volume
262.2K
Average Volume (10 Days)
520.0K
Dividend Yield
—
Valuation Measurement
Market Cap
$10.29B
P/E Ratio (TTM)
—
Price / Book
7.67
Financial Highlights
Return on Assets
-24.4%
Return on Equity
-25.3%
Revenue (TTM)
$0
Net Income (TTM)
$-339.13M
Diluted EPS (TTM)
-$12.92
Total Cash (MRQ)
$474.76M
Levered FCF (TTM)
$-305.38M
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Earnings Calendar
Next Earnings
Estimated Q3 Release
Nov 03
Est. EPS
Adjusted consensus estimate
-$3.81
Analyst Consensus
Based on 10 analyst ratings
Avg Target: $568.40
(+55.0% upside)
High: $1201.00 · Low: $162.00
Strong Buy
0%
Buy
90%
Hold
0%
Sell
10%
Strong Sell
0%