PRMEPRMEHealthcare · Biotechnology

PRME Stock Forecast: Prime Medicine, Inc. Price Predictions for 2026-2027

Last close, 14 Oct 2026
$3.13
−5.72% on the day

The 14 Wall Street analysts covering Prime Medicine, Inc. hold a median 12-month price target of $7 — +123.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 40 of 100 as at 14 Oct 2026 — in the lower half.

Market cap
$602.2M
Ticker Nerd rank
40 / 100
Median analyst target
$7.00
Analysts covering
14
Revenue$1.2M+3.5% y/y
Operating income−$43.3M
Net income−$42.1M
Free cash flow−$41.1M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−19.7%
1M
−1.6%
YTD
−9.8%
1Y
−47.7%
From 52W high
−50.9%
From 52W low
+15.9%
$2.70
$6.37
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

PRME stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Prime Medicine, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 14 Oct 2026
40 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
63
Growth
63
Issuance
55
Revisions
55
Size
51
Value
39
Momentum
37
Quality
34
Volatility
14

Accruals (63): Reported profit is backed by cash, and the company is not expanding recklessly.

Volatility (14): The share price moves around a lot.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

PRME stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on PRME, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$2.00$4.00$6.00$8.00$10.00$12.00Jan 26Apr 26Jul 26Oct 26PRMEHigh $11.00Median $7.00Low $4.25

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says14 analysts
11 Buy3 Hold0 Sell
Low $4.25Median $7.00High $11.00

The green dot is the last close — the median target sits +123.6% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
25 Sept 2026Chardan CapitalMaintainsBuy$7.00
25 Aug 2026Chardan CapitalMaintainsBuy$7.00
25 Aug 2026Chardan CapitalMaintainsBuy—
19 Aug 2026BMO CapitalInitiatesOutperform$9.00
19 Aug 2026BMO CapitalInitiatesOutperform—
10 Aug 2026HC Wainwright & Co.ReiteratesBuy—
10 Aug 2026HC Wainwright & Co.ReiteratesBuy$8.00
29 June 2026HC Wainwright & Co.UpgradeBuy$8.00
29 June 2026HC Wainwright & Co.UpgradeBuy—
12 Mar 2026OppenheimerInitiatesOutperform—
23 Dec 2025LifeSci CapitalInitiatesOutperform—
11 Nov 2025CitigroupMaintainsNeutral—
10 Nov 2025Chardan CapitalMaintainsBuy—
12 Aug 2025CitigroupMaintainsNeutral—
8 Aug 2025Chardan CapitalMaintainsBuy—
27 May 2025CitigroupDowngradeNeutral—
20 May 2025HC Wainwright & Co.DowngradeNeutral—
20 May 2025JMP SecuritiesMaintainsMarket Outperform—
20 May 2025JP MorganDowngradeNeutral—
19 May 2025Chardan CapitalMaintainsBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. PRME appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

PRME vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 14 Oct 2026, Prime Medicine, Inc. returned −47.7% against +17.5% for the S&P 500, dividends included.

PRME vs S&P 500, last 12 monthsTotal return, rebased to 100
406080100120Jan 26Apr 26Jul 26Oct 26PRMES&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

PRME analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
7
Analysts cutting
3
Fundamentals

Prime Medicine, Inc. (PRME) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−2.3×

Cheaper than 86% of US stocks

Price / sales
138.3×

Cheaper than 3% of US stocks

Price / book
13.8×

Cheaper than 7% of US stocks

EV / EBITDA
−3.2×

Cheaper than 77% of US stocks

Growth & margins
Revenue growth (YoY)
3.5%

Higher than 35% of US stocks

Earnings growth (YoY)
3.5%

Higher than 40% of US stocks

Gross margin
—
Operating margin
−3750.9%

Higher than 3% of US stocks

Net margin
0.0%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−373.3%

Higher than 4% of US stocks

Return on assets
−46.5%

Higher than 9% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Prime Medicine, Inc. (PRME) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Prime Medicine, Inc. has a market value of $602.2M and an enterprise value of $608.0M.

  • Revenue in the twelve months to 30 June 2026: $4.1M. The latest quarter grew 3.5% year on year.

  • Net income over the same four quarters: −$187.9M, a −4613.1% net margin.

  • Free cash flow in the twelve months to 30 June 2026: −$156.8M.

  • Shares outstanding: 180.7M.

  • Trailing P/E: −2.3×; forward P/E: −3.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Prime Medicine, Inc. employs 146 people — $28K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 14 Oct 2026

Data provided by Twelve Data

Peers

PRME vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBiotechnology
CompanyMarket capTKN rank
PRMEPrime Medicine, Inc.$602.2M
40
NVCTNuvectis Pharma, Inc.$567.5M
65
ETRAElectra Therapeutics, Inc.$561.1M
1
SLDBSolid Biosciences, Inc.$574.5M
43
CRMDCorMedix, Inc.$576.0M
61
PHATPhathom Pharmaceuticals, Inc.$579.4M
82
CLYMClimb Bio, Inc.$589.2M
66

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Prime Medicine, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest PRME news & analysis

Prime Medicine Stock Rallies Nearly 26% in a Month: Here's Why

Zacks Investment Research · 12 Oct 2026positive

Prime Medicine (PRME) shares rose nearly 26% in a month. The cited factor was FDA clearance for PM647 and PM577a, advancing their clinical debut and the company’s gene-editing pipeline.

Why it matters — The FDA clearance and the programs’ clinical progress are relevant developments for investors following PRME’s pipeline.

Leading Indicators For The October Breakout Cycle

Seeking Alpha · 11 Oct 2026positive

The article argues that fourth-quarter S&P 500 returns have historically been strong, particularly after midterm election years, and names PRME among small-cap healthcare and biotech stocks viewed as potential breakout candidates.

Why it matters — PRME is highlighted as a possible early breakout candidate, alongside a broader market-seasonality thesis and mention of institutional interest and analyst targets.

Prime Medicine Announces First Patient Dosed in Global Phase 1/2 Clinical Trial of PM577a for H1069Q-Mutated Wilson Disease

GlobeNewsWire · 5 Oct 2026positive

Prime Medicine announced that the first patient has been dosed in a global Phase 1/2 clinical trial of PM577a, a first-in-human study evaluating the therapy's safety, tolerability, and initial clinical efficacy. PM577a is designed as a one-time treatment to correct the H1069Q mutation in ATP7B, the most common Wilson disease-causing mutation in North America and Europe.

Why it matters — This milestone advances Prime Medicine's PM577a candidate into the clinic, marking meaningful clinical progress for its lead asset targeting a prevalent Wilson disease mutation.

Prime Medicine Gets FDA Green Light for Gene Editing Study

Benzinga · 25 Sept 2026positive

Prime Medicine announced that the FDA cleared its Investigational New Drug (IND) application for PM647, a gene editing therapy candidate. The company is a biotechnology firm developing one-time curative genetic therapies.

Why it matters — FDA clearance of the IND allows Prime Medicine to move PM647 toward clinical study, a key regulatory milestone for the company's therapy pipeline.

Prime Medicine Announces U.S. FDA Clearance of Investigational New Drug Application for PM647 in Alpha-1 Antitrypsin Deficiency

GlobeNewsWire · 24 Sept 2026positive

Prime Medicine announced that the U.S. FDA has cleared its Investigational New Drug application for PM647, a treatment for Alpha-1 Antitrypsin Deficiency. This clearance builds on recent regulatory clearance for PM577a and reflects continued execution across the company's liver franchise, with initial clinical data expected in 2027.

Why it matters — This regulatory clearance advances Prime Medicine's liver pipeline and signals continued momentum and modularity in its development program, giving PRME watchers a concrete milestone to track toward clinical data in 2027.

FAQ

Frequently asked questions about PRME stock

What is the PRME stock price forecast for 2026-2027?

The 14 Wall Street analysts covering Prime Medicine, Inc. have a median 12-month price target of $7, with estimates ranging from $4.25 to $11. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is PRME stock a buy right now?

Of the 14 analysts covering Prime Medicine, Inc., 11 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Prime Medicine, Inc. 40 out of 100 across roughly 4,600 US stocks as at 14 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PRME?

As at 14 Oct 2026, Prime Medicine, Inc. ranks 40 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (63 of 100).

Will PRME stock go up?

No one can know that. What the data says: the median 12-month target from 14 analysts implies +123.6% from the last close, and Ticker Nerd's factor model ranks Prime Medicine, Inc. 40 out of 100 as at 14 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the PRME stock forecast for 2030?

No analyst covering Prime Medicine, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for PRME are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $4.25 to $11 over the next 12 months.

How has PRME stock performed over the past year?

Prime Medicine, Inc. returned -47.7% over the 12 months to 14 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Prime Medicine, Inc. do?

Prime Medicine, Inc. is a biotechnology company focused on developing genetic medicines through its Prime Editing platform, a gene-editing technology designed to make precise changes to DNA.

What is the latest news on PRME?

The most recent item we track (Zacks Investment Research, 12 Oct 2026): "Prime Medicine Stock Rallies Nearly 26% in a Month: Here's Why". Prime Medicine (PRME) shares rose nearly 26% in a month. The cited factor was FDA clearance for PM647 and PM577a, advancing their clinical debut and the company’s gene-editing pipeline.

Company

About Prime Medicine, Inc.

Prime Medicine, Inc. is a biotechnology company focused on developing genetic medicines through its Prime Editing platform, a gene-editing technology designed to make precise changes to DNA. The company is building therapies intended to address diseases caused by defined genetic alterations, with research programs spanning hematology, immunology and oncology, liver, lung, ocular, and neuromuscular conditions. Its current work centers on investigational, pre-commercial product candidates and platform capabilities that support targeted genetic correction across multiple tissues and disease areas. Prime Medicine, Inc. plays a specialized role in the broader genetic medicines market by advancing next-generation editing approaches aimed at expanding the reach of precision therapeutics for serious inherited and acquired diseases.

CEO Dr. Allan Reine M.D. · 146 employees · United States · https://primemedicine.com