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Healthcare - Biotechnology - NASDAQ - US
$ 3.345
-6.95 %
$ 439 M
Market Cap
-1.54
P/E
1. INTRINSIC VALUE

Prime Medicine, Inc., a biotechnology company, delivers genetic therapies to address diseases by deploying gene editing technology. It offers Prime Editors with a Prime Editor protein, comprising a fusion between a Cas protein and a reverse transcriptase enzyme; and a pegRNA, which targets the Prime Editor to a specific genomic location and provides a template for making the desired edit to the target DNA sequence. The company was incorporated in 2019 and is headquartered in Cambridge, Massachusetts.[ Read More ]

The intrinsic value of one PRME stock under the base case scenario is HIDDEN Compared to the current market price of 3.35 USD, Prime Medicine, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PRME

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FINANCIALS
0 REVENUE
0.00%
-191 M OPERATING INCOME
-64.14%
-198 M NET INCOME
-62.64%
-165 M OPERATING CASH FLOW
-25.48%
18.7 M INVESTING CASH FLOW
139.73%
655 K FINANCING CASH FLOW
-99.64%
209 K REVENUE
-99.45%
-54.2 M OPERATING INCOME
2.59%
-52.5 M NET INCOME
5.08%
-25.9 M OPERATING CASH FLOW
43.04%
50.3 M INVESTING CASH FLOW
630.23%
38.5 M FINANCING CASH FLOW
109937.14%
Balance Sheet Decomposition Prime Medicine, Inc.
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Current Assets 143 M
Cash & Short-Term Investments 122 M
Receivables 0
Other Current Assets 21.3 M
Non-Current Assets 50.9 M
Long-Term Investments 0
PP&E 36.6 M
Other Non-Current Assets 14.3 M
Current Liabilities 56.4 M
Accounts Payable 19.5 M
Short-Term Debt 18.6 M
Other Current Liabilities 18.3 M
Non-Current Liabilities 4.36 M
Long-Term Debt 8.71 M
Other Non-Current Liabilities -4.36 M
EFFICIENCY
Earnings Waterfall Prime Medicine, Inc.
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Revenue 0
Cost Of Revenue 148 M
Gross Profit -148 M
Operating Expenses 187 M
Operating Income -191 M
Other Expenses 6.84 M
Net Income -198 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-148.89% ROE
-148.89%
-102.21% ROA
-102.21%
-130.21% ROIC
-130.21%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Prime Medicine, Inc.
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Net Income -198 M
Depreciation & Amortization 4.65 M
Capital Expenditures -8.72 M
Stock-Based Compensation 13.9 M
Change in Working Capital 2.65 M
Others 5.3 M
Free Cash Flow -174 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Prime Medicine, Inc.
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Wall Street analysts predict an average 1-year price target for PRME of $16 , with forecasts ranging from a low of $12 to a high of $23 .
PRME Lowest Price Target Wall Street Target
12 USD 258.74%
PRME Average Price Target Wall Street Target
16 USD 378.33%
PRME Highest Price Target Wall Street Target
23 USD 587.59%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.8 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Prime Medicine, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
60 M USD 3
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
9 months ago
Feb 15, 2024
Bought 20 M USD
NELSEN ROBERT
director, 10 percent owner:
+ 3200000
6.25 USD
9 months ago
Feb 15, 2024
Bought 20 M USD
ARCH Venture Partners XII, LLC
10 percent owner
+ 3200000
6.25 USD
9 months ago
Feb 15, 2024
Bought 20 M USD
ARCH Venture Partners X, LLC
10 percent owner
+ 3200000
6.25 USD
1 year ago
Jun 20, 2023
Sell 563 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 37405
15.0581 USD
1 year ago
Jun 21, 2023
Sell 284 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 19003
14.9711 USD
1 year ago
Jun 15, 2023
Sell 994 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 66659
14.9166 USD
1 year ago
Jun 16, 2023
Sell 98.1 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 6532
15.0198 USD
1 year ago
Jun 13, 2023
Sell 425 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 28100
15.1282 USD
1 year ago
Jun 14, 2023
Sell 431 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 28960
14.8717 USD
1 year ago
Jun 12, 2023
Sell 240 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 16031
14.9804 USD
1 year ago
Jun 09, 2023
Sell 227 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 15672
14.4834 USD
1 year ago
Jun 07, 2023
Sell 254 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 15000
16.9247 USD
1 year ago
Jun 08, 2023
Sell 78.7 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 5000
15.7373 USD
1 year ago
Jun 05, 2023
Sell 375 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 22434
16.6984 USD
1 year ago
Jun 06, 2023
Sell 510 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 29975
17.0197 USD
1 year ago
Jun 01, 2023
Sell 642 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 44752
14.3512 USD
1 year ago
May 31, 2023
Sell 227 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 16633
13.6478 USD
1 year ago
Jun 01, 2023
Sell 6.95 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 471
14.7534 USD
1 year ago
May 26, 2023
Sell 173 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 12602
13.6965 USD
1 year ago
May 30, 2023
Sell 230 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 16805
13.7007 USD
1 year ago
May 25, 2023
Sell 310 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 23161
13.3834 USD
1 year ago
May 24, 2023
Sell 108 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 7900
13.6608 USD
1 year ago
May 23, 2023
Sell 648 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 43939
14.7397 USD
1 year ago
May 22, 2023
Sell 1.24 M USD
GV 2019 GP, L.L.C.
10 percent owner
- 87922
14.1272 USD
1 year ago
May 18, 2023
Sell 170 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 13076
13.0086 USD
1 year ago
May 18, 2023
Sell 183 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 14022
13.0631 USD
1 year ago
May 19, 2023
Sell 877 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 63212
13.875 USD
1 year ago
May 16, 2023
Sell 638 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 50649
12.5901 USD
1 year ago
May 17, 2023
Sell 192 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 15000
12.7733 USD
1 year ago
May 12, 2023
Sell 347 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 27290
12.7234 USD
1 year ago
May 15, 2023
Sell 2.01 M USD
GV 2019 GP, L.L.C.
10 percent owner
- 157952
12.7386 USD
1 year ago
May 10, 2023
Sell 1.23 M USD
GV 2019 GP, L.L.C.
10 percent owner
- 87397
14.0257 USD
1 year ago
May 11, 2023
Sell 283 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 21819
12.9815 USD
1 year ago
May 11, 2023
Sell 66.3 K USD
GV 2019 GP, L.L.C.
10 percent owner
- 4807
13.7903 USD
1 year ago
May 08, 2023
Sell 1.42 M USD
GV 2019 GP, L.L.C.
10 percent owner
- 100772
14.1282 USD
1 year ago
May 09, 2023
Sell 4.52 M USD
GV 2019 GP, L.L.C.
10 percent owner
- 321238
14.0787 USD
2 years ago
Oct 24, 2022
Bought 13.6 M USD
GV 2019 GP, L.L.C.
Director
+ 800000
17 USD
2 years ago
Oct 24, 2022
Bought 6.8 M USD
ARCH Venture Partners X, LLC
Director
+ 400000
17 USD
2 years ago
Oct 24, 2022
Bought 6.8 M USD
NELSEN ROBERT
Director
+ 400000
17 USD
2 years ago
Oct 24, 2022
Bought 6.8 M USD
Cahill Thomas
Director
+ 400000
17 USD
7. News
Prime Medicine to Participate in Upcoming Investor Conferences CAMBRIDGE, Mass., Nov. 06, 2024 (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 company management will participate in the following upcoming conferences: globenewswire.com - 1 week ago
12 High-Growth Stocks That Could Deliver Parabolic Returns These 12 innovative companies could deliver exponential returns over the next quarter century. fool.com - 2 weeks ago
Prime Medicine Presents In Vivo Proof-of-Concept Data Highlighting Interim Preclinical Advances in its Wilson's Disease Program and the Broad Potential of its Universal Liver-Targeted LNP at ESGCT 31st Annual Congress Delivery of Prime Editors with a proprietary, universal liver-targeted LNP was well tolerated, with no safety concerns or detectable off-target edits observed across multiple preclinical studies globenewswire.com - 3 weeks ago
Why I Keep Buying These 14 Incredible Growth Stocks This diverse set of growth stocks offers tremendous opportunities in the fields of AI, space, biotech, and emerging industries. fool.com - 1 month ago
Prime Medicine to Highlight New Preclinical Data, Including In Vivo Data in Wilson's Disease, at Upcoming Scientific Meetings -- On-track to initiate IND-enabling activities for Wilson's Disease program in 4Q 2024, with IND or CTA filing expected in 1H 2026 -- CAMBRIDGE, Mass., Oct. 15, 2024 (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 Company will highlight advances from across its Prime Editing pipeline and platform at the upcoming European Society of Gene and Cell Therapy (ESGCT) 31st Annual Congress, being held October 22-25, 2024 in Rome, and the American Association for the Study of Liver Diseases (AASLD), being held November 15-19, 2024 in San Diego. globenewswire.com - 1 month ago
PRME Stock Rises 11.8% on Collaboration With Bristol Myers Prime Medicine collaborates with Bristol Myers Squibb for the development of T-cell therapies. Shares gain. zacks.com - 1 month ago
Got $100? Consider Buying These 2 Penny Stocks in October You've likely heard that penny stocks are high-risk investments, and if so, you've heard right. 247wallst.com - 1 month ago
Why Prime Medicine Stock Soared Nearly 12% Higher on Monday Changes are afoot at the company, and investors welcomed them. fool.com - 1 month ago
Crude Oil Moves Higher; Prime Medicine Shares Spike Higher U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 200 points during on Monday. benzinga.com - 1 month ago
Prime Medicine Inks Cell Therapy Pact With Bristol Myers Squibb Worth Over $3.5B, Streamlines Pipeline On Monday, Prime Medicine Inc. PRME announced a strategic research collaboration and license agreement with Bristol Myers Squibb & Co BMY to develop reagents for the next generation of  ex vivo T-cell therapies. benzinga.com - 1 month ago
Prime Medicine Unveils Strategically Focused Pipeline -- Prioritizing Set of High Value Programs in Core Areas of Focus; Modularity of Prime Editing Platform Expected to Allow Prime Medicine to Generate Follow-on Candidates Rapidly and Efficiently -- -- Initial Clinical Data from Phase 1/2 Trial in CGD Expected in 2025 While Advancing Wilson's Disease Program Toward Expected IND Application and/or CTA in 1H 2026 -- globenewswire.com - 1 month ago
2 Growth Stocks That Could Make You Richer Prime Medicine is pioneering prime-editing technology for genetic disorders, with the potential for long-term growth despite its early-stage status. Rocket Lab USA is capturing market share in the expanding commercial space industry with its small satellite launch services and vertical-integration strategy. fool.com - 2 months ago
8. Profile Summary

Prime Medicine, Inc. PRME

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 439 M
Dividend Yield 0.00%
Description Prime Medicine, Inc., a biotechnology company, delivers genetic therapies to address diseases by deploying gene editing technology. It offers Prime Editors with a Prime Editor protein, comprising a fusion between a Cas protein and a reverse transcriptase enzyme; and a pegRNA, which targets the Prime Editor to a specific genomic location and provides a template for making the desired edit to the target DNA sequence. The company was incorporated in 2019 and is headquartered in Cambridge, Massachusetts.
Contact 21 Erie Street, Cambridge, MA, 02139 https://www.primemedicine.com
IPO Date Oct. 20, 2022
Employees 234
Officers Dr. Keith Michael Gottesdiener M.D., Ph.D. President, Chief Executive Officer, Secretary & Director Ms. Niamh Alix Chief Human Resources Officer Dr. David R. Liu Ph.D. Co-Founder & Member of Scientific Advisory Board Ms. Carman Alenson CPA, M.B.A. Senior Vice President of Finance & Chief Accounting Officer Dr. Allan Reine M.D. Chief Financial Officer Dr. Ann L. Lee Ph.D. Chief Technical Officer Dr. Andrew Anzalone M.D., Ph.D. Co-Founder & Head of Prime Editing Platform Dr. Karen Brown J.D., Ph.D. Senior Vice President of Intellectual Property & Legal Affairs Dr. Jeremy S. Duffield M.D., Ph.D. Chief Scientific Officer Dr. Meredith Goldwasser Senior Vice President and Head of Strategy & Corporate Operations