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NASDAQ:PRME

Prime Medicine (PRME) Stock Price, News & Analysis

Prime Medicine logo
$3.90 -0.40 (-9.19%)
As of 03:49 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
$3.73
▼
$4.15
50-Day Range
$2.88
▼
$5.36
52-Week Range
$2.67
▼
$5.91
Volume
5.57 million shs
Average Volume
3.36 million shs
Market Capitalization
$708.28 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.86
Consensus Rating
Moderate Buy

Company Overview

Prime Medicine is a biotechnology company developing genetic therapies for diseases caused by genetic mutations. Its research focuses on prime editing, a gene-editing technology designed to make targeted changes to DNA, including substitutions, insertions and deletions.

The company is working to apply its platform to potential treatments for a range of serious conditions. Its programs are in development, and Prime Medicine does not currently market approved therapies.

Founded in 2019, Prime Medicine is based in Cambridge, Massachusetts. Its technology is rooted in research by geneticist David Liu and colleagues, who helped develop prime editing.

AI Generated. May Contain Errors.

Prime Medicine Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
74th Percentile Overall Score

PRME MarketRank™: 
3.704188481675 of 5 stars

Prime Medicine scored higher than 74% of companies evaluated by MarketBeat, and ranked 164th out of 892 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 $7.86, representing about 94.7% upside from its current price of $4.04.

  • 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 ($0.97) to ($0.87) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Prime Medicine is -3.82, 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 -3.82, 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 6.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    19.14% 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 4.8.
  • Change versus previous month

    Short interest in Prime Medicine has recently decreased by 11.33%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Prime Medicine has a news sentiment score of 0.69. 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 0.58 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for Prime Medicine this week, compared to 3 articles on an average week.
  • Search Interest

    Only 10 people have searched for PRME on MarketBeat in the last 30 days. This is a decrease of -9% 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 -50% 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

$0. Later: $29.97.
Bill Poulos is giving away his Simple Options Trading For Beginners book through a temporary link. Once that link expires, it returns to its usual price of $29.97. The content stays the same - plain-English lessons and a handful of proven techniques - only the price changes. Waiting means paying for something you could have gotten for free.tc pixel
Prime Medicine Announces Pricing of Public Offering of Common Stock
Prime Medicine Launches Offering of Common Shares
See More Headlines

PRME Stock Analysis - Frequently Asked Questions

Prime Medicine's stock was trading at $3.47 at the beginning of 2026. Since then, PRME shares have increased by 16.3% and is now trading at $4.0350.

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

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

Top institutional shareholders of Prime Medicine include State Street Corp (3.39%), Sumitomo Mitsui Trust Group Inc. (1.61%), Russell Investments Group Ltd. (0.10%) and Green Alpha Advisors LLC (0.09%). 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 NVIDIA (NVDA), Palantir Technologies (PLTR), Advanced Micro Devices (AMD), Tesla (TSLA), BigBear.ai (BBAI), SoundHound AI (SOUN) and IonQ (IONQ).

Company Calendar

Last Earnings
8/06/2026
Today
11/12/2026
Jefferies Global Healthcare Conference
11/16/2026
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
$6.00
Potential Upside/Downside
+100.2%
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
174.79
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.67 per share
Price / Book
5.86

Miscellaneous

Outstanding Shares
181,377,000
Free Float
152,284,000
Market Cap
$711.90 million
Optionable
Optionable
Beta
2.14

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This page (NASDAQ:PRME) was last updated on 11/12/2026 by MarketBeat.com Staff.
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