How to Buy Praxis Precision Medicines Stock
Praxis Precision Medicines Inc
Praxis Precision Medicines, Inc. , a clinical-stage biopharmaceutical company, develops therapies for central nervous system disorders characterized by neuronal imbalance.
Praxis Precision Medicines stock last closed at $44.30, down 1.62% from the previous day, and has increased 10.61% in one year. It has overperformed other stocks in the Biotechnology industry by 0.87 percentage points. Praxis Precision Medicines stock is currently +65.92% from its 52-week low of $26.70, and -51.76% from its 52-week high of $91.83.
As of Jun 13, 2025, there are 20.37M PRAX shares outstanding. The market value of PRAX is $902.35M. In the last 24 hours, 178,000 PRAX shares were traded.
How to Buy Praxis Precision Medicines Stock
Not sure how to invest in Praxis Precision Medicines stock? Here's how.
- Figure out where to buy Praxis Precision Medicines stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Praxis Precision Medicines stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment and add your info.
- Research Praxis Precision Medicines stock: The Praxis Precision Medicines ticker symbol is PRAX. Is Praxis Precision Medicines stock a good investment? Should you buy shares of PRAX? How do PRAX's underlying business fundamentals look? Do top analysts think Praxis Precision Medicines is a good buy? Why has PRAX's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if PRAX is a good stock to buy).
- Place your PRAX purchase: Decide if you will purchase PRAX shares at the current market price or use a limit order to buy PRAX stock at a specific price.
- Keep tabs on your PRAX investment: Create a watchlist to watch your investment in Praxis Precision Medicines shares.
Step 1: Figure out where to buy Praxis Precision Medicines stock
You need a brokerage account in order to access the NASDAQ market and buy PRAX shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you are able to buy PRAX stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit funds into your investment account
Now that you've filled out your info on a good stock buying app, you can securely and quickly fund your account:
Check out the tutorial below if you need help transferring funds into your new brokerage account.
Step 4: Research Praxis Precision Medicines stock
After you have selected the best place to buy Praxis Precision Medicines stock, it's critical to evaluate their stock prior to investing, so you actually understand the risk as well as the upside.
Praxis Precision Medicines Numbers
PRAX Due Diligence Checks
WallStreetZen was created to help part-time investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on PRAX's stock page.
Is PRAX stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge PRAX's intrinsic value.
Using relative valuations measures:
- PRAX may be undervalued based on its P/B ratio of 2.05x, relative to Biotechnology industry P/B ratio of 4.66x
You can do more valuation research on PRAX's stock here.
PRAX Financials at a glance
Positive Financial Indicators:
- PRAX has cash burn of 163910000. It has enough cash and short-term investments to cover this for at least one year.
- PRAX has a low debt to equity ratio of 0.09.
- PRAX has $327.99M in cash and short term investments. This is sufficient to cover its annual cash burn of $163.91M.
- There are more short-term assets than short-term liabilities on the PRAX balance sheet.
- There are more short-term assets than long-term liabilities on the PRAX balance sheet.
Negative Financial Indicators:
- PRAX profit margin has gone up by 30.95 percentage points in the past year, but the company is still unprofitable.
Is Praxis Precision Medicines stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 Wall Street analysts who give ratings on PRAX, the consensus analyst rating on Praxis Precision Medicines is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest PRAX Analyst Forecasts
Joon Lee, a top 2% analyst from Truist Securities maintains PRAX with a strong buy rating and lowers their PRAX price target from $175.00 to $85.00, on Mar 3, 2025.
Joel Beatty, a top 25% analyst from Baird maintains PRAX with a buy rating and lowers their PRAX price target from $117.00 to $73.00, on Mar 3, 2025.
David Hoang, a top 24% analyst from Deutsche Bank initiates coverage on PRAX with a strong buy rating and announces their PRAX price target of $111.00, on Feb 11, 2025.
You can dive deeper into what analysts are projecting on the Praxis Precision Medicines stock forecast page.
PRAX Trading Indicators
PRAX Growth Metrics
Last year, PRAX revenue was $8.12M. Over the last 2 year, PRAX's revenue has grown by 244.84% per year. This was faster than the Biotechnology industry average of 43.24%.
Learn more about PRAX's earnings and revenue performance here.
Are PRAX insiders buying or selling the stock?
Over the past 12 months, insiders at PRAX have sold more shares than they have bought.
Timothy Edwin Kelly, Chief Financial Officer of PRAX, was the latest PRAX insider to buy. They bought $7,852.22 worth of PRAX shares on May 14, 2025.
Learn more about who owns PRAX shares here.
Can I rely on PRAX as an income stream?
No, Praxis Precision Medicines doesn't provide an income stream by paying out dividends.
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Step 5: Place your PRAX purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Hit the Open button and your broker will execute the order.
If you want more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your PRAX investment
Now that you own some PRAX stock, you'll want to stay up-to-date on your new investment.
Make a watchlist to track your PRAX stock.
PRAX Feed
How to Buy Stock in Praxis Precision Medicines
To reiterate, here are the 6 steps to buy Praxis Precision Medicines stock:
- Figure out where to buy Praxis Precision Medicines stock
- Create a brokerage account
- Deposit funds into your investment account
- Research Praxis Precision Medicines stock
- Place your PRAX purchase
- Keep tabs on your PRAX investment
If you require a place to buy stocks, eToro is our favorite venue.
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