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Home โบ Stocks โบ Prime Medicine Inc. (PRME) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Biotechnology
$1.30
-0.02 (-1.52%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 16 Wall Street analysts, PRME has a bullish consensus with a median price target of $11.50 (ranging from $6.00 to $18.00). The overall analyst rating is Strong Buy (9.0/10). Currently trading at $1.30, the median forecast implies a 784.6% upside. This outlook is supported by 11 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Debjit Chattopadhyay at Guggenheim, projecting a 1,284.6% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for PRME.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Mar 20, 2025 | Chardan Capital | Geulah Livshits | Buy | Maintains | $16.00 |
Mar 19, 2025 | HC Wainwright & Co. | Arthur He | Buy | Reiterates | $10.00 |
Mar 4, 2025 | Citizens Capital Markets | Silvan Tuerkcan | Market Outperform | Reiterates | $10.00 |
Mar 3, 2025 | HC Wainwright & Co. | Arthur He | Buy | Reiterates | $10.00 |
Mar 3, 2025 | Chardan Capital | Geulah Livshits | Buy | Maintains | $15.00 |
Dec 10, 2024 | JMP Securities | Silvan Tuerkcan | Market Outperform | Initiates | $10.00 |
Dec 3, 2024 | Guggenheim | Debjit Chattopadhyay | Buy | Reiterates | $18.00 |
Oct 25, 2024 | HC Wainwright & Co. | Arthur He | Buy | Reiterates | $10.00 |
Oct 2, 2024 | HC Wainwright & Co. | Arthur He | Buy | Reiterates | $10.00 |
Aug 9, 2024 | HC Wainwright & Co. | Arthur He | Buy | Reiterates | $10.00 |
May 20, 2024 | HC Wainwright & Co. | Arthur He | Buy | Initiates | $10.00 |
May 16, 2024 | Citigroup | Samantha Semenkow | Buy | Upgrade | $10.00 |
May 13, 2024 | JP Morgan | Eric Joseph | Overweight | Maintains | $15.00 |
May 7, 2024 | Jefferies | Maury Raycroft | Buy | Assumes | $15.00 |
Apr 23, 2024 | Wedbush | David Nierengarten | Outperform | Reiterates | $12.00 |
Apr 22, 2024 | Chardan Capital | Geulah Livshits | Buy | Initiates | $17.00 |
Apr 8, 2024 | TD Cowen | Joseph Thome | Buy | Initiates | $0.00 |
Apr 3, 2024 | Wedbush | David Nierengarten | Outperform | Initiates | $12.00 |
Apr 2, 2024 | Wedbush | David Nierengarten | Outperform | Initiates | $12.00 |
Mar 8, 2024 | JP Morgan | Overweight | Maintains | $0.00 |
The following stocks are similar to Prime Medicine based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Prime Medicine Inc. has a market capitalization of $170.68M with a P/E ratio of 0.0x. The company generates $3.85M in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is +146.0% quarter-over-quarter, while maintaining an operating margin of -3,603.3% and return on equity of -115.2%.
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Develops advanced gene editing technology.
The company focuses on prime editing, a cutting-edge gene editing technology that allows for precise corrections of genetic mutations without damaging the DNA structure. Prime Medicine generates revenue through partnerships, collaborations, and potentially licensing agreements with pharmaceutical companies, aiming to create therapeutics for various genetic disorders.
Prime Medicine is positioned in the biotechnology and healthcare sectors, working to transform the treatment landscape for challenging genetic diseases. With a commitment to improving patient outcomes, the company's innovative approach may significantly advance the field of personalized medicine and gene therapy.
Healthcare
Biotechnology
214
Dr. Keith Michael Gottesdiener M.D., Ph.D.
United States
2022
Prime Medicine, Inc. (Nasdaq: PRME) expects Phase 1/2 trial data for PM359 in 2025, with IND/CTA filings for PM577 in 1H 2026 and AATD program in mid-2026. Financial results for Q1 2025 were also reported.
The timeline for clinical trials and regulatory filings indicates future revenue potential for Prime Medicine, affecting stock valuations and investor sentiment.
Prime Medicine, Inc. (PRME) reported a quarterly loss of $0.40 per share, exceeding the Zacks estimate of a $0.32 loss, but an improvement from a $0.44 loss a year prior.
PRME's larger-than-expected loss signals potential financial struggles, impacting investor confidence and stock performance. Year-over-year improvement may offer some reassurance, but concerns remain.
Prime Medicine's shares rose 10.5% on Thursday, reflecting a significant increase in stock value for the gene-editing company.
Prime Medicine's stock surge indicates strong investor confidence and potential positive developments in gene editing, which could impact future growth and valuation.
Prime Medicine (PRME) shares rose over 12% this week following news of a new investigational program, driven by bullish investor sentiment, according to S&P Global Market Intelligence.
The fresh investigational program at Prime Medicine is boosting investor confidence, leading to a significant stock price increase, signaling potential growth and profitability.
Prime Editing is emerging as a leading approach for AATD, utilizing a proprietary liver platform with a universal liver LNP, indicating potential for significant advancements in treatment.
Prime Editing's potential as a leading treatment for AATD and the emergence of a new liver platform could signify breakthroughs, affecting future valuations and market positions of related biotech firms.
Prime Medicine, Inc. (Nasdaq: PRME) plans to report initial Phase 1/2 trial data for PM359 in 2025 and file IND for PM577 in 1H 2026, while advancing other preclinical programs.
Prime Medicine's clinical trial advancements and upcoming IND filings signal potential breakthroughs in rare diseases, which could drive stock value and investor interest in the biotech sector.
Based on our analysis of 16 Wall Street analysts, Prime Medicine Inc. (PRME) has a median price target of $11.50. The highest price target is $18.00 and the lowest is $6.00.
According to current analyst ratings, PRME has 11 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.30. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PRME stock could reach $11.50 in the next 12 months. This represents a 784.6% increase from the current price of $1.30. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company focuses on prime editing, a cutting-edge gene editing technology that allows for precise corrections of genetic mutations without damaging the DNA structure. Prime Medicine generates revenue through partnerships, collaborations, and potentially licensing agreements with pharmaceutical companies, aiming to create therapeutics for various genetic disorders.
The highest price target for PRME is $18.00 from Debjit Chattopadhyay at Guggenheim, which represents a 1,284.6% increase from the current price of $1.30.
The lowest price target for PRME is $6.00 from at , which represents a 361.5% increase from the current price of $1.30.
The overall analyst consensus for PRME is bullish. Out of 16 Wall Street analysts, 11 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $11.50.
Stock price projections, including those for Prime Medicine Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.