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NASDAQ:PRME

Prime Medicine (PRME) Stock Price, News & Analysis

Prime Medicine logo
$3.14 -0.01 (-0.16%)
As of 12:07 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Prime Medicine Stock (NASDAQ:PRME)

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Key Stats

Today's Range
$3.08
$3.17
50-Day Range
$2.81
$3.78
52-Week Range
$2.67
$6.94
Volume
534,265 shs
Average Volume
2.88 million shs
Market Capitalization
$568.62 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.47
Consensus Rating
Moderate Buy

Company Overview

Prime Medicine, Inc. is a biotechnology company developing genetic medicines using its proprietary Prime Editing platform. The company’s technology is designed to make precise changes to DNA, including the insertion, deletion, or replacement of genetic sequences, with the goal of addressing disease-causing mutations.

Prime Medicine is focused on developing treatments for genetic diseases and other serious conditions. Its research programs use Prime Editing in approaches that may modify a patient’s own cells, including ex vivo cell-editing applications in which cells are edited outside the body and then returned to the patient. The company’s development pipeline has included programs for inherited disorders such as chronic granulomatous disease, as well as potential applications in immunology, oncology, and other therapeutic areas.

Founded in 2019, Prime Medicine is headquartered in Cambridge, Massachusetts. The company was established around Prime Editing technology developed by researchers including David R. Liu, a professor at Harvard University and the Broad Institute of MIT and Harvard. Prime Medicine’s activities are primarily centered on research, clinical development, and potential commercialization of gene-editing therapies.

AI Generated. May Contain Errors.

Prime Medicine Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
54th Percentile Overall Score

PRME MarketRank™: 

Prime Medicine scored higher than 54% of companies evaluated by MarketBeat, and ranked 449th out of 905 stocks in the healthcare 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 2.89, and is based on 1 strong buy rating, 7 buy ratings, no hold ratings, and 1 sell rating.

  • Upside Potential

    Prime Medicine has a consensus price target of $7.47, representing about 139.4% upside from its current price of $3.12.

  • Amount of Analyst Coverage

    Prime Medicine has been the subject of 6 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 ($0.96) to ($0.87) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Prime Medicine is -2.94, 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 -2.94, 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 4.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    24.14% 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 13.13, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Prime Medicine has recently increased by 4.97%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Prime Medicine does not currently pay a dividend.

  • Dividend Growth

    Prime Medicine does not have a long track record of dividend growth.

  • News Sentiment

    Prime Medicine has a news sentiment score of 0.36. 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 lower news sentiment than the 0.80 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Prime Medicine this week, compared to 3 articles on an average week.
  • Search Interest

    6 people have searched for PRME on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Prime Medicine to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Prime Medicine insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    16.04% 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

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Prime Medicine (NASDAQ:PRME) Upgraded at Wall Street Zen
Prime Medicine: Soon In The Clinic
Prime Medicine: An Initial Prognosis
See More Headlines

PRME Stock Analysis - Frequently Asked Questions

Prime Medicine's stock was trading at $3.47 on January 1st, 2026. Since then, PRME shares have decreased by 10.1% and is now trading at $3.1210.

Prime Medicine, Inc. (NASDAQ:PRME) released its earnings results on Thursday, August, 6th. The company reported ($0.24) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.24). The business had revenue of $1.15 million for the quarter, compared to analyst estimates of $4.40 million. Prime Medicine had a negative trailing twelve-month return on equity of 188.27% and a negative net margin of 4,613.11%.

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

Prime Medicine's top institutional shareholders include Alphabet Inc. (9.17%), BlackRock Inc. (5.32%), ADAR1 Capital Management LLC (1.10%) and Bank of America Corp DE (0.54%). Insiders that own company stock include David R Liu, Arch Venture Partners Xii, Llc and Robert Nelsen.
View institutional ownership trends
.

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
8/06/2026
Today
9/18/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:PRME
Previous Symbol
NASDAQ:PRME
CIK
1894562
Fax
N/A
Employees
146
Year Founded
2019

Price Target and Rating

High Price Target
$11.00
Low Price Target
$4.25
Potential Upside/Downside
+136.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.06)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$201.14 million
Net Margins
-4,613.11%
Pretax Margin
-4,613.11%
Return on Equity
-188.27%
Return on Assets
-59.11%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
3.05
Quick Ratio
3.05

Sales & Book Value

Annual Sales
$4.07 million
Price / Sales
140.50
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.67 per share
Price / Book
4.71

Miscellaneous

Outstanding Shares
181,377,000
Free Float
152,284,000
Market Cap
$572.24 million
Optionable
N/A
Beta
2.34

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This page (NASDAQ:PRME) was last updated on 9/18/2026 by MarketBeat.com Staff.
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