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NYSE:PRME

Prime Medicine (PRME) Stock Price, News & Analysis

Prime Medicine logo
$4.54 +0.44 (+10.73%)
Closing price 04:00 PM Eastern
Extended Trading
$4.60 +0.06 (+1.34%)
As of 06:26 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Prime Medicine Stock (NYSE:PRME)

Key Stats

Today's Range
$4.12
$4.83
50-Day Range
$1.17
$4.10
52-Week Range
$1.11
$6.75
Volume
8.74 million shs
Average Volume
1.65 million shs
Market Capitalization
$596.07 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.08
Consensus Rating
Moderate Buy

Company Overview

Prime Medicine Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
81st Percentile Overall Score

PRME MarketRank™: 

Prime Medicine scored higher than 81% of companies evaluated by MarketBeat, and ranked 192nd out of 921 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Prime Medicine has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Prime Medicine has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Prime Medicine's stock forecast and price target.
  • Earnings Growth

    Earnings for Prime Medicine are expected to grow in the coming year, from ($1.68) to ($1.35) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Prime Medicine is -2.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Prime Medicine is -2.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Prime Medicine has a P/B Ratio of 3.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    35.77% of the float of Prime Medicine has been sold short.
  • Short Interest Ratio / Days to Cover

    Prime Medicine has a short interest ratio ("days to cover") of 8.3.
  • Change versus previous month

    Short interest in Prime Medicine has recently increased by 2.84%, indicating that investor sentiment is decreasing.
  • Percentage of Shares Shorted

    35.77% of the float of Prime Medicine has been sold short.
  • Short Interest Ratio / Days to Cover

    Prime Medicine has a short interest ratio ("days to cover") of 8.3.
  • Change versus previous month

    Short interest in Prime Medicine has recently increased by 2.84%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Prime Medicine has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Prime Medicine this week, compared to 3 articles on an average week.
  • Search Interest

    17 people have searched for PRME on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Prime Medicine to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Prime Medicine insiders have bought more of their company's stock than they have sold. Specifically, they have bought $110,250.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    22.93% of the stock of Prime Medicine is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    70.37% of the stock of Prime Medicine is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Prime Medicine's insider trading history.
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PRME Stock News Headlines

White House to reset Social Security?
Elon Musk's parting DOGE gift looks set to shock America... A single announcement by July 22nd could soon bring Elon Musk's DOGE operation to its final, dramatic conclusion - with huge consequences for millions of investors. So if you have any money in the market... you're almost out of time to prepare. This plan has already been put in place... and can operate even if Elon's long gone from Washington.
Prime Medicine stock soars amid gene editing sector momentum
See More Headlines

PRME Stock Analysis - Frequently Asked Questions

Prime Medicine's stock was trading at $2.92 at the beginning of the year. Since then, PRME shares have increased by 55.5% and is now trading at $4.54.

Prime Medicine, Inc. (NYSE:PRME) announced its quarterly earnings results on Friday, March, 7th. The company reported ($1.65) earnings per share for the quarter.

Prime Medicine (PRME) raised $175 million in an initial public offering (IPO) on Thursday, October 20th 2022. The company issued 10,294,118 shares at $16.00-$18.00 per share.

Shares of PRME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Prime Medicine investors own include Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), Intel (INTC), NVIDIA (NVDA), Meta Platforms (META) and Advanced Micro Devices (AMD).

Company Calendar

Last Earnings
3/07/2025
Today
7/09/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
Pharmaceutical Products
Current Symbol
NYSE:PRME
CIK
1894562
Fax
N/A
Employees
234
Year Founded
N/A

Price Target and Rating

High Price Target
$18.00
Low Price Target
$1.50
Potential Upside/Downside
+123.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$198.13 million
Pretax Margin
-27,406.12%

Debt

Sales & Book Value

Annual Sales
$3.85 million
Price / Cash Flow
N/A
Book Value
$1.37 per share
Price / Book
3.30

Miscellaneous

Free Float
100,378,000
Market Cap
$593.58 million
Optionable
Optionable
Beta
2.33
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This page (NYSE:PRME) was last updated on 7/9/2025 by MarketBeat.com Staff
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