Prime Medicine Inc's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered fairly valued, ranking 182/404 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 6.46.In the medium term, the stock price is expected to trend down.The company has shown weak stock market performance over the past month, in line with its weak fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Prime Medicine Inc's Score
Industry at a Glance
Industry Ranking
182 / 404
Overall Ranking
320 / 4563
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
11
analysts
Buy
Current Rating
6.464
Target Price
+53.55%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Prime Medicine Inc Highlights
StrengthsRisks
Prime Medicine, Inc. is a biotechnology company engaged in creating and delivering gene editing therapies to patients. It deploys its proprietary Prime Editing platform, a versatile, precise and efficient gene editing technology, to develop a new class of differentiated one-time curative genetic therapies. It is advancing a set of high-value programs across its core areas of focus (hematology, immunology and oncology, liver, and lung). These include ex vivo hematopoietic stem cell (HSC) programs for the treatment of p47phox chronic granulomatous disease CGD and X-linked CGD; a lipid nanoparticle (LNP) Prime Editor for the treatment of Wilson’s Disease; a LNP or adeno-associated virus Prime Editors for the treatment of cystic fibrosis; and ex vivo T-cell therapies. PM359, its product candidate within its hematology, immunology and oncology area of focus, targets the p47phox variant of CGD. Its PM577 comprises a Prime Editor encapsulated as RNA cargo in a liver-targeted LNP.
Growing
The company is in a growing phase, with the latest annual income totaling USD 2.98M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 2.98M.
Fairly Valued
The company’s latest PE is -2.46, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 82.91M shares, increasing 3.30% quarter-over-quarter.
Prime Medicine, Inc. is a biotechnology company engaged in creating and delivering gene editing therapies to patients. It deploys its proprietary Prime Editing platform, a versatile, precise and efficient gene editing technology, to develop a new class of differentiated one-time curative genetic therapies. It is advancing a set of high-value programs across its core areas of focus (hematology, immunology and oncology, liver, and lung). These include ex vivo hematopoietic stem cell (HSC) programs for the treatment of p47phox chronic granulomatous disease CGD and X-linked CGD; a lipid nanoparticle (LNP) Prime Editor for the treatment of Wilson’s Disease; a LNP or adeno-associated virus Prime Editors for the treatment of cystic fibrosis; and ex vivo T-cell therapies. PM359, its product candidate within its hematology, immunology and oncology area of focus, targets the p47phox variant of CGD. Its PM577 comprises a Prime Editor encapsulated as RNA cargo in a liver-targeted LNP.
Ticker SymbolPRME
CompanyPrime Medicine Inc
CEOReine (Allan)
Websitehttps://primemedicine.com/
FAQs
What is the current price of Prime Medicine Inc (PRME)?
The current price of Prime Medicine Inc (PRME) is 3.500.
What is the symbol of Prime Medicine Inc?
The ticker symbol of Prime Medicine Inc is PRME.
What is the 52-week high of Prime Medicine Inc?
The 52-week high of Prime Medicine Inc is 6.940.
What is the 52-week low of Prime Medicine Inc?
The 52-week low of Prime Medicine Inc is 1.110.
What is the market capitalization of Prime Medicine Inc?
The market capitalization of Prime Medicine Inc is 631.08M.
What is the net income of Prime Medicine Inc?
The net income of Prime Medicine Inc is -195.88M.
Is Prime Medicine Inc (PRME) currently rated as Buy, Hold, or Sell?
According to analysts, Prime Medicine Inc (PRME) has an overall rating of Buy, with a price target of 6.464.
What is the Earnings Per Share (EPS TTM) of Prime Medicine Inc (PRME)?
The Earnings Per Share (EPS TTM) of Prime Medicine Inc (PRME) is -1.424.