Praxis Precision Medicines (PRAX) Market Capitalization (2020 - 2026)
Praxis Precision Medicines' Market Capitalization was $9.35 billion in Q2 2026, up 956.4% from $884.75 million a year earlier and up 4.1% from the prior quarter.
Praxis Precision Medicines (PRAX) Market Capitalization (2020 - 2026) Analysis & Trends
For FY2025, Market Capitalization at Praxis Precision Medicines came in at $7.43 billion, up 396.8% from FY2024.
- Market Capitalization has now increased for three consecutive years, with a five-year compound annual growth rate of 72.1% (FY2020 to FY2025).
- In earlier years, Market Capitalization was $1.49 billion in FY2024 (+917.4%), $146.92 million in FY2023 (+25.0%), $117.54 million in FY2022 (-86.8%) and $892.46 million in FY2021 (+81.2%).
- The Q2 2026 figure marks the highest quarterly Market Capitalization in data going back to Q4 2020.
- Compared with a year earlier, Market Capitalization was higher in six of the last seven quarters, with growth averaging 380.2%.
- The best year-over-year quarter for Market Capitalization over five years was Q2 2026 (growth of 956.4%); the worst was Q1 2023 (a decline of 89.9%).
- Per Business Quant data, PRAX's Market Capitalization in the three quarters before Q2 2026 was $8.98 billion (Q1 2026), $7.43 billion (Q4 2025) and $1.12 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn |
| 10 | Praxis Precision Medicines | 7.47 Bn | 5.06 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.35 Bn |
| Mar 31, 2026 | 8.98 Bn |
| Dec 31, 2025 | 7.43 Bn |
| Sep 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 884.75 Mn |
| Mar 31, 2025 | 770.35 Mn |
| Dec 31, 2024 | 1.49 Bn |
| Sep 30, 2024 | 1.02 Bn |
| Jun 30, 2024 | 734.37 Mn |
| Mar 31, 2024 | 809.01 Mn |
| Dec 31, 2023 | 146.92 Mn |
| Sep 30, 2023 | 219.83 Mn |
| Jun 30, 2023 | 80.21 Mn |
| Mar 31, 2023 | 46.91 Mn |
| Dec 31, 2022 | 117.54 Mn |
| Sep 30, 2022 | 106.39 Mn |
| Jun 30, 2022 | 111.67 Mn |
| Mar 31, 2022 | 464.64 Mn |
| Dec 31, 2021 | 892.46 Mn |
| Sep 30, 2021 | 828.10 Mn |
Praxis Precision Medicines Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=PRAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "PRAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=PRAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();