NYSE:PRME Prime Medicine (PRME) Stock Price, News & Analysis → The Overlooked Retirement Asset You Probably Don’t Own (From Crypto 101 Media) (Ad) Free PRME Stock Alerts $7.08 +0.04 (+0.57%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$6.87▼$7.1850-Day Range$4.30▼$8.0352-Week Range$4.11▼$17.20Volume610,441 shsAverage Volume883,790 shsMarket Capitalization$849.81 millionP/E RatioN/ADividend YieldN/APrice Target$15.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Get Prime Medicine alerts: Email Address Prime Medicine MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.82 Rating ScoreUpside/Downside120.3% Upside$15.60 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 17 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.64) to ($1.48) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.53 out of 5 starsMedical Sector274th out of 914 stocksBiological Products, Except Diagnostic Industry37th out of 153 stocks 4.4 Analyst's Opinion Consensus RatingPrime Medicine has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePrime Medicine has been the subject of 7 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. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PRME. Previous Next 0.0 Dividend Strength Dividend YieldPrime Medicine does not currently pay a dividend.Dividend GrowthPrime Medicine does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRME. Previous Next 2.5 News and Social Media Coverage News SentimentPrime Medicine has a news sentiment score of 0.55. 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 0.42 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Prime Medicine this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for PRME on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Prime Medicine to their MarketBeat watchlist in the last 30 days. This is a decrease of -90% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Prime Medicine insiders have not sold or bought any company stock.Percentage Held by Insiders24.29% 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 Institutions70.37% 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. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Prime Medicine are expected to grow in the coming year, from ($1.64) to ($1.48) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Prime Medicine is -3.26, 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. SectorThe P/E ratio of Prime Medicine is -3.26, 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 RatioPrime Medicine has a P/B Ratio of 3.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Prime Medicine's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceMan who spotted Apple at $1.49 says: “Buy These 6 AI Stocks.”Man who spotted Apple at $1.49 says: "Buy These 6 AI Stocks."And these will be the biggest winners About Prime Medicine Stock (NYSE:PRME)Prime Medicine, Inc., a biotechnology company, delivers genetic therapies to address the spectrum of diseases by deploying gene editing technology. The company offers Prime Editors with a Prime Editor protein, comprising a fusion between a Cas protein and a reverse transcriptase enzyme; and a pegRNA, which targets the Prime Editor to a specific genomic location and provides a template for making the desired edit to the target DNA sequence. It has a research collaboration with Cimeio Therapeutics to develop Prime Edited Shielded-Cell & Immunotherapy Pairs for genetic diseases, acute myeloid leukemia, and myelodysplastic syndrome. The company was incorporated in 2019 and is based in Cambridge, Massachusetts.Read More PRME Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRME Stock News HeadlinesMay 18 at 4:16 AM | americanbankingnews.comPrime Medicine (NYSE:PRME) Stock Rating Upgraded by CitigroupMay 17 at 12:50 PM | msn.comCitigroup Upgrades Prime Medicine (PRME)May 17 at 6:27 AM | investorplace.comWall Street Favorites: 3 Cathie Wood Stocks With Strong Buy Ratings for May 2024May 17 at 6:15 AM | investorplace.comWall Street Favorites: 3 Biotech Stocks with Strong Buy Ratings for May 2024May 15, 2024 | msn.comWhat is Prime Day, exactly? How Amazon's giant deals day worksMay 15, 2024 | americanbankingnews.comPrime Medicine (NYSE:PRME) Lifted to "Sell" at StockNews.comMay 15, 2024 | americanbankingnews.comPrime Medicine (NYSE:PRME) Price Target Cut to $15.00May 13, 2024 | markets.businessinsider.comBuy Rating Affirmed for Prime Medicine, Inc. on FDA Trial Approval and Strong FinancialsMay 13, 2024 | globenewswire.comPrime Medicine to Present at H.C. Wainwright 2nd Annual BioConnect Investor Conference at NASDAQMay 10, 2024 | finanznachrichten.dePrime Medicine, Inc.: Prime Medicine Reports First Quarter 2024 Financial Results and Provides Business UpdatesMay 10, 2024 | markets.businessinsider.comBuy Rating Affirmed for Prime Medicine, Inc. on Robust Preclinical Data and Prime Editing Technology ProspectsMay 10, 2024 | investorplace.comPRME Stock Earnings: Prime Medicine Beats EPS for Q1 2024May 10, 2024 | msn.comPrime Medicine GAAP EPS of -$0.44 beats by $0.03, revenue of $0.59M misses by $0.32MMay 10, 2024 | globenewswire.comPrime Medicine Reports First Quarter 2024 Financial Results and Provides Business UpdatesMay 9, 2024 | americanbankingnews.comJefferies Financial Group Reiterates Buy Rating for Prime Medicine (NYSE:PRME)May 8, 2024 | globenewswire.comPrime Medicine Presents Preclinical Data Demonstrating Ability of PM359 to Efficiently, Reproducibly and Durably Correct Causative Mutation of Chronic Granulomatous Disease (CGD)April 29, 2024 | msn.comFDA clears Prime Medicine to begin gene therapy clinical testingApril 29, 2024 | marketwatch.comPrime Medicine Shares Rise 13% After FDA Clears IND ApplicationApril 29, 2024 | marketwatch.comPrime Medicine Gets FDA Clearance for PM359 IND ApplicationApril 29, 2024 | markets.businessinsider.comPrime Medicine Announces FDA Clearance Of IND Application For Pm359 - Quick FactsApril 29, 2024 | globenewswire.comPrime Medicine Announces FDA Clearance of Investigational New Drug (IND) Application for PM359 for the Treatment of Chronic Granulomatous Disease (CGD)April 25, 2024 | markets.businessinsider.comBuy Rating Affirmed for Prime Medicine, Inc. on Strong Preclinical Data and Promising Clinical OutlookApril 23, 2024 | globenewswire.comPrime Medicine to Present Preclinical Data Demonstrating Broad Potential of Prime Editing Technology at Upcoming Scientific MeetingsApril 23, 2024 | markets.businessinsider.comBuy Rating Affirmed for Prime Medicine, Inc. on Groundbreaking Genetic Editing Platform and Strategic ProgressApril 22, 2024 | nasdaq.comChardan Capital Initiates Coverage of Prime Medicine (PRME) with Buy RecommendationSee More Headlines Receive PRME Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Prime Medicine and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/01/2024Today5/19/2024Next Earnings (Estimated)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNYSE:PRME CUSIPN/A CIK1894562 Webprimemedicine.com Phone617-564-0013FaxN/AEmployees234Year FoundedN/APrice Target and Rating Average Stock Price Target$15.60 High Stock Price Target$20.00 Low Stock Price Target$9.00 Potential Upside/Downside+120.3%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($2.17) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-198,130,000.00 Net MarginsN/A Pretax Margin-34,592.21% Return on Equity-94.21% Return on Assets-74.52% Debt Debt-to-Equity RatioN/A Current Ratio8.91 Quick Ratio2.53 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$2.03 per share Price / Book3.49Miscellaneous Outstanding Shares120,030,000Free Float90,875,000Market Cap$849.81 million OptionableOptionable Beta2.07 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesDr. Keith Michael Gottesdiener Ph.D. (Age 70)President, CEO, Secretary & Director Comp: $924.04kDr. Ann L. Lee Ph.D. (Age 62)Chief Technical Officer Comp: $947.28kMr. Richard Brudnick (Age 66)Chief Business Officer Comp: $680.8kDr. Andrew Anzalone M.D. (Age 37)Ph.D., Co-Founder & Head of Prime Editing Platform Dr. David R. Liu Ph.D.Co-Founder & Chair of Scientific Advisory BoardDr. Allan Reine M.D. (Age 49)Chief Financial Officer Dr. Meredith Goldwasser (Age 52)Senior VP and Head of Strategy & Corporate Operations Ms. Carman Alenson CPA (Age 58)M.B.A., Senior VP of Finance & Chief Accounting Officer Dr. Jeremy S. Duffield M.D. (Age 56)Ph.D., Chief Scientific Officer Comp: $994.4kDr. Karen Brown J.D.Ph.D., Senior Vice President of Intellectual Property & Legal AffairsMore ExecutivesKey CompetitorsCARGO TherapeuticsNASDAQ:CRGXREGENXBIONASDAQ:RGNXMesoblastNASDAQ:MESOProKidneyNASDAQ:PROKRelay TherapeuticsNASDAQ:RLAYView All CompetitorsInsiders & InstitutionsRedmile Group LLCBought 750,000 shares on 5/16/2024Ownership: 1.728%Levin Capital Strategies L.P.Bought 6,500 shares on 5/16/2024Ownership: 0.022%California State Teachers Retirement SystemSold 2,533 shares on 5/16/2024Ownership: 0.003%Price T Rowe Associates Inc. MDBought 301,431 shares on 5/15/2024Ownership: 2.102%PEAK6 Investments LLCSold 5,000 shares on 5/15/2024Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions PRME Stock Analysis - Frequently Asked Questions Should I buy or sell Prime Medicine stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prime Medicine in the last twelve months. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PRME shares. View PRME analyst ratings or view top-rated stocks. What is Prime Medicine's stock price target for 2024? 11 brokerages have issued 12-month target prices for Prime Medicine's stock. Their PRME share price targets range from $9.00 to $20.00. On average, they anticipate the company's stock price to reach $15.60 in the next year. This suggests a possible upside of 120.3% from the stock's current price. View analysts price targets for PRME or view top-rated stocks among Wall Street analysts. How have PRME shares performed in 2024? Prime Medicine's stock was trading at $8.86 at the start of the year. Since then, PRME stock has decreased by 20.1% and is now trading at $7.08. View the best growth stocks for 2024 here. When is Prime Medicine's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024. View our PRME earnings forecast. How were Prime Medicine's earnings last quarter? Prime Medicine, Inc. (NYSE:PRME) issued its quarterly earnings data on Friday, March, 1st. The company reported ($0.56) earnings per share for the quarter, missing the consensus estimate of ($0.48) by $0.08. What ETFs hold Prime Medicine's stock? ETFs with the largest weight of Prime Medicine (NYSE:PRME) stock in their portfolio include Kelly CRISPR & Gene Editing Technology ETF (XDNA) and ARK Genomic Revolution ETF (ARKG).ARK Innovation ETF (ARKK). When did Prime Medicine IPO? 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. Who are Prime Medicine's major shareholders? Prime Medicine's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.83%), Nikko Asset Management Americas Inc. (2.80%), Sumitomo Mitsui Trust Holdings Inc. (2.81%), Price T Rowe Associates Inc. MD (2.10%), Redmile Group LLC (1.73%) and Westwood Holdings Group Inc. (0.13%). Insiders that own company stock include 2019 Gp LLC Gv and Robert Nelsen. View institutional ownership trends. How do I buy shares of Prime Medicine? 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. Compare Top Brokerages Here. This page (NYSE:PRME) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsDems have chosen Biden replacement?Paradigm Press[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaBuy this small stock before coming AI Tidal WaveChaikin AnalyticsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHow Biden has already won 2024Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Prime Medicine, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.