PRME

Prime Medicine, Inc. Common Stock
NASDAQHEALTHCAREBIOTECHNOLOGY

Key Statistics

Market Cap
$834.45M
P/E Ratio
EPS
$-1.43
Beta
2.27
52W High
$6.94
52W Low
$2.67
50-Day MA
$3.29
200-Day MA
$3.93
Dividend Yield
Profit Margin
0.00%
Forward P/E
PEG Ratio

About Prime Medicine, Inc. Common Stock

Prime Medicine, Inc. is an innovative biotechnology company at the forefront of genetic medicine, leveraging its proprietary Prime Editing technology to achieve precise and targeted DNA modifications. The company has established a comprehensive pipeline designed to tackle serious diseases, encompassing genetic disorders and multiple cancer types, thereby addressing significant unmet medical needs in the healthcare landscape. With a solid intellectual property portfolio and a strategic focus on developing transformative therapeutic solutions, Prime Medicine is well-positioned for robust growth and could significantly alter treatment paradigms in the biopharmaceutical sector.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$4.03M
Gross Profit (TTM)$-150.14M
EBITDA$-199.14M
Operating Margin-5918.00%
Return on Equity-216.10%
Return on Assets-41.50%
Revenue/Share (TTM)$0.03
Book Value$0.42
Price-to-Book9.11
Price-to-Sales (TTM)206.85
EV/Revenue168.07
EV/EBITDA-3.10
Quarterly Earnings Growth (YoY)0.00%
Quarterly Revenue Growth (YoY)-41.10%
Shares Outstanding$180.62M
Float$114.97M
% Insiders23.76%
% Institutions66.59%

Historical Volatility

HV 10-Day
86.65%
HV 20-Day
82.19%
HV 30-Day
93.57%
HV 60-Day
78.82%
HV Rank
57.1%

Volatility is currently contracting

Analyst Ratings

Consensus ($7.02 target)
1
Strong Buy
9
Buy
3
Hold

Latest News

Prime Medicine Beats Beam Therapeutics In Patent Dispute - But Both Are Investable

Prime Medicine, Inc. secured a favorable arbitration ruling against Beam Therapeutics, allowing continued development of its PM647 gene editing program for AATD. PRME's Prime Editing platform offers precise, versatile gene correction using LNP delivery, but remains preclinical with IND/CTA filings for PM647 expected mid-2026 and initial clinical data in 2027. PRME lags competitors like Beam, Sanofi, and Arrowhead in the AATD development race, facing significant funding needs and clinical risks.

Seeking Alpha7/9/2026Positive
Prime Medicine Announces Positive Resolution to Arbitration with Beam Therapeutics

-- Arbitration tribunal declared that PM647 is within Prime Medicine's “Field”, confirming Prime Medicine's right to develop and commercialize PM647 in AATD -- -- Prime Medicine owes no monetary damages to Beam Therapeutics -- -- Prime Medicine plans to submit an IND and/or CTA filing for PM647 in Q3 2026, initial clinical data expected in 2027 -- CAMBRIDGE, Mass., July 08, 2026 (GLOBE NEWSWIRE) -- Prime Medicine, Inc. (Nasdaq: PRME), a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, today announced a positive, binding resolution of its previously disclosed arbitration with Beam Therapeutics, Inc. relating to the parties' 2019 Collaboration and License Agreement (Agreement).

GlobeNewsWire7/8/2026Neutral
Prime Medicine Receives U.S. FDA Regenerative Medicine Advanced Therapy (RMAT) Designation for PM359 for the Treatment of Chronic Granulomatous Disease (CGD)

-- RMAT designation granted based on Phase 1/2 clinical data, including results previously published in The New England Journal of Medicine, demonstrating PM359's potential to address unmet need in p47 phox -deficient CGD -- -- Designation enables early and intensive FDA engagement, and provides eligibility for rolling and priority Biologics License Application review -- -- PM359 now holds RMAT, Fast Track, Orphan Drug, and Rare Pediatric Disease Designations -- CAMBRIDGE, Mass., June 22, 2026 (GLOBE NEWSWIRE) -- Prime Medicine, Inc. (Nasdaq: PRME), a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, today announced that the U.S. Food and Drug Administration (FDA) has granted Regenerative Medicine Advanced Therapy (RMAT) designation to PM359, an investigational autologous Prime Edited hematopoietic stem cell therapy for the treatment of p47phox-deficient chronic granulomatous disease (CGD).

GlobeNewsWire6/22/2026Neutral
Prime Medicine to Present at Jefferies Global Healthcare Conference

CAMBRIDGE, Mass., May 28, 2026 (GLOBE NEWSWIRE) -- Prime Medicine, Inc. (Nasdaq: PRME), a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, today announced that Allan Reine, M.D.

GlobeNewsWire5/28/2026Neutral
Prime Medicine Appoints Svetlana Makhni as Chief Financial Officer

CAMBRIDGE, Mass., April 16, 2026 (GLOBE NEWSWIRE) -- Prime Medicine, Inc. (Nasdaq: PRME), a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, today announced the appointment of Svetlana Makhni as Chief Financial Officer (CFO).

GlobeNewsWire4/16/2026Neutral

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Data last updated: 7/9/2026