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PRME

Prime Medicine, Inc. (NASDAQ)

Healthcare — Biotechnology

Prime Medicine, Inc., a biotechnology company, engages in delivering genetic medicines to address the spectrum of diseases by deploying gene editing technology in the United States. Its lead therapeutic product candidate is PM359 for Chronic Granulomatous Disease, which is in Phase 1/2 clinical trial; PM577 for Wilson Disease, that is in preclinical studies; and PM647 to treat genetic disorder caused by mutations in the SERPINA1 gene, resulting in production of misfolded Z-AAT protein that accumulates in the liver and leads to hepatocellular injury, cirrhosis, and increased risk of hepatocellular carcinoma. The company also provides vivo programs targeting diseases of the liver, and Cystic Fibrosis programs. In addition, it offers Prime Editing technology comprising a programmable DNA binding domains, such as Cas domains, are typically modified such that they do not cause a double-stranded break in the DNA, as well as a RT domain that copies the edited DNA sequence directly into the target genomic site where the edit is made; and pegRNA which contains a search sequence, also known as a spacer, which provides a target genomic address for the Prime Editor. The company has a research collaboration and license agreement with BMS; Cystic Fibrosis Foundation; Broad Institute; and Beam. Prime Medicine, Inc. was incorporated in 2019 and is headquartered in Cambridge, Massachusetts.

Buy 1.5 / 5 10 analysts
$3.89
+$0.20 (+5.42%)
Target: $7.02 (80.4%)
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Price History

52-Week Range

Fundamentals

Market Cap$702.60M
P/E Ratio (TTM)-
Forward P/E-4.62
EPS (TTM)$-1.23
Dividend Yield-
Profit Margin-
Revenue Growth-41.10%
ROE-216.06%
Debt/Equity149.30
Recommendation Buy 1.5
Analyst Target$7.02
Analysts10
Indexes NASDAQ

Technical Indicators

RSI (14)81.2
Beta2.31
SMA 20-
SMA 40-
52-Week High$6.94
52-Week Low$2.67
50-Day Avg$3.27
200-Day Avg$3.94
Avg Volume$2.64M
Volume$3.77M

Performance Analysis

NEUTRAL

PRME presents a mixed picture with both positive and negative indicators.

~ Trading at 29% of its 52-week range.
- RSI at 81.2 indicates overbought conditions — a pullback may be due.
- Revenue declined 41.1% year-over-year.
+ Wall Street consensus is "Buy" from 10 analysts.
+ Average analyst target of $7.02 implies 80.4% upside.

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Last updated: Jul 02, 2026 13:27 UTC

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