Prime Medicine, Inc. Common Stock logo

Prime Medicine, Inc. Common Stock(PRME)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$3.07
09/24/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for PRME

09/24/2026: PRME (1-star) is currently NOT-A-BUY. Pass it for now.

Prime Medicine is a pre-revenue clinical-stage biotechnology company developing 'search-and-replace' gene editing therapies. Its primary strength lies in its proprietary Prime Editing platform, which aims to provide higher precision than existing CRISPR approaches. The investment story centers on the potential to cure serious genetic diseases; however, the company faces high risks, including the significant hurdle of proving clinical efficacy and the potential for long-term cash requirements. Investors should note the company's early development phase and high execution risk, which makes it suitable only for those comfortable with high volatility. Key developments to monitor include upcoming clinical trial data and potential pharmaceutical partnerships.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company represents a high-risk, high-reward growth play in the biotech sector contingent on clinical success.
Momentum investorMixed fitFits conditionally during periods of positive clinical trial news or sector-wide biotech momentum.
Value investorWeak fitThe lack of revenue and earnings makes this unsuitable for traditional value investing criteria.
Dividend investorWeak fitThe company is in an intensive cash-burning growth phase and does not pay dividends.
Low-risk investorWeak fitThe company's clinical-stage status and high volatility present significant risks unsuited for low-risk portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighBiotech stock prices are highly sensitive to clinical trial outcomes and regulatory news.
Valuation riskMedium / highValuations are based on long-term potential rather than current fundamentals, making them susceptible to market re-ratings.
Competition risk (CRISPR-based therapies)HighThe sector is crowded with well-capitalized competitors developing similar gene-editing solutions.
Business qualityMediumWhile the technology is novel, the company has yet to prove its commercial viability through successful product approvals.
Dividend incomeLow / noneThere is no expectation of dividend income as the company prioritizes R&D.
Execution riskHighThe complex nature of gene editing therapy development carries high failure rates at every stage of the clinical process.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Highly Choppy
PRICE STABILITY

Highly Choppy

The stock has experienced frequent, large price swings that make its near-term movement less predictable.

Analysis of Past Performance

Type Stock
Historic Profit -54.34%
Avg. Invested days 17
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/24/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
PRME receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
PRME has moderate overall fundamentals (3 stars), with soft financial health, moderate growth momentum, and strong ownership. In FY2025 versus FY2024, strong revenue growth (+55.3%) is partially offset by slightly negative earnings growth (-2.7%), soft cash generation (FCF margin -3607.4%), soft profitability (net margin -4342.4%).

Financial Health Rating

★★★★★
PRME's financial health is supported by moderate liquidity, including working-capital and asset support (WC/assets 42.0%). Operating efficiency is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is PRME's strongest growth driver at +55.3% FY2025 versus FY2024 (strong, 5 stars). By comparison, while earnings growth (-2.7%, slightly negative) and free-cash-flow growth (-28.4%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 71.0% and approximately 61.9% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 23.66% supports management-shareholder alignment.

Top 5 Institutional Investors

Alphabet Inc 9.13%
BlackRock Inc 4.69%
State Street Corp 3.50%
ARK Investment Management LLC 3.44%
T. Rowe Price Investment Management,Inc. 3.02%

Unit Economics (Per $1K Revenue)

★★★★★
PRME generates approximately $-581 of gross profit, $-44,981 of operating income, and $-36,074 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
PRME has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 556.83M USD
Price to earnings Ratio -
1Y Target Price 7.11
Price to earnings Ratio -
1Y Target Price 7.11
Volume (30-day avg) 2.9M shares
Beta 2.35
52 Weeks Range 2.67 - 6.94
Updated Date 09/24/2026
52 Weeks Range 2.67 - 6.94
Updated Date 09/24/2026
Dividends yield (FY) -
Basic EPS (TTM) -1.05

How Company Makes Money

Business areaWhat it includesRetail investor read
Therapeutic R&DPotential future licensing and commercialization of gene-editing therapies.The company earns no money today; it is betting on future revenue from successful medical treatments.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE -
Enterprise Value 622.86M
Price to Sales(TTM) 136.71
Enterprise Value 622.86M
Price to Sales(TTM) 136.71
Enterprise Value to Revenue 152.92
Enterprise Value to EBITDA -3.1
Shares Outstanding 181.38M
Shares Floating 112.25M
Shares Outstanding 181.38M
Shares Floating 112.25M
Percent Insiders 23.66
Percent Institutions 70.97

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Prime Medicine, Inc. Common Stock

Exchange NASDAQ
Headquarters Cambridge, MA, United States
IPO Launch date 2022-10-20
CEO & Director Dr. Allan Reine M.D.
Sector Healthcare
Industry Biotechnology
Full time employees 146
Full time employees 146

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.