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Prime Medicine, Inc. (PRME)
NASDAQ:PRME
US Market

Prime Medicine, Inc. (PRME) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

PRME Analyst Ratings

Strong Buy
5Ratings
5 Buy
0 Hold
0 Sell
Based on 5 analysts giving stock ratings to
Prime
Medicine, Inc.
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

PRME Stock 12 Month Forecast

Average Price Target

$16.75
▲(223.98% Upside)
Based on 5 Wall Street analysts offering 12 month price targets for Prime Medicine, Inc. in the last 3 months. The average price target is $16.75 with a high forecast of $20.00 and a low forecast of $12.00. The average price target represents a 223.98% change from the last price of $5.17.
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Highest Price Target$20.00Average Price Target$16.75Lowest Price Target$12.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Stifel Nicolaus
$9.00
Hold
74.08%
Upside
Downgraded
01/15/24
Prime Medicine downgraded to Hold from Buy at StifelPrime Medicine downgraded to Hold from Buy at Stifel
Morgan Stanley
$12.00
Hold
132.11%
Upside
Reiterated
12/12/23
Prime Medicine price target lowered by $6 at Morgan Stanley, here's whyPrime Medicine price target lowered by $6 at Morgan Stanley, here's why
Citi
$10.00
Hold
93.42%
Upside
Initiated
12/08/23
Balancing Potential and Challenges: Hold Rating on Prime Medicine Amid Clinical and Technical Hurdles
JonesTrading
$20.00
Buy
286.85%
Upside
Assigned
11/07/23
Prime Medicine, Inc. (PRME) Earns Buy Rating: Preclinical Developments and Financial Strength Underline Investment Potential

Best Analysts Covering Prime Medicine, Inc.

Which Analyst Should I Follow If I Want to Buy PRME and Sell After:
1 Month
Justin WalshJonesTrading
Success Rate
2/3 ratings generated profit
67%
Average Return
+0.93%
assigned a buy rating 6 months ago
Copying Justin Walsh's trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +0.93% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Justin WalshJonesTrading
Success Rate
1/3 ratings generated profit
33%
Average Return
-13.13%
assigned a buy rating 6 months ago
Copying Justin Walsh's trades and holding each position for 3 Months would result in 33.33% of your transactions generating a profit, with an average return of -13.13% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
1 Year
Kostas BiliourisBMO Capital
Success Rate
0/5 ratings generated profit
0%
Average Return
-29.78%
assigned a buy rating 21 days ago
Copying Kostas Biliouris's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -29.78% per trade.
2 Years
Kostas BiliourisBMO Capital
Success Rate
0/5 ratings generated profit
0%
Average Return
-29.78%
assigned a buy rating 21 days ago
Copying Kostas Biliouris's trades and holding each position for 2 Years would result in 0.00% of your transactions generating a profit, with an average return of -29.78% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

PRME Analyst Recommendation Trends

Rating
Nov 23
Dec 23
Jan 24
Mar 24
Apr 24
Strong Buy
7
6
4
5
7
Buy
0
0
0
0
1
Hold
1
3
4
3
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
8
9
8
8
9
In the current month, PRME has received 8 Buy Ratings, 1 Hold Ratings, and 0 Sell Ratings. PRME average Analyst price target in the past 3 months is $16.75.
Each month's total comprises the sum of three months' worth of ratings.
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PRME Financial Forecast

PRME Earnings Forecast

Next quarter’s earnings estimate for PRME is -$0.46 with a range of -$0.57 to -$0.41. The previous quarter’s EPS was -$0.72. PRME beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.49% of the time in the same period. In the last calendar year PRME has Underperformed its overall industry.
Next quarter’s earnings estimate for PRME is -$0.46 with a range of -$0.57 to -$0.41. The previous quarter’s EPS was -$0.72. PRME beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 57.49% of the time in the same period. In the last calendar year PRME has Underperformed its overall industry.
No data currently available

PRME Sales Forecast

Next quarter’s sales forecast for PRME is $1.00M with a range of $0.00 to $6.00M. The previous quarter’s sales results were $0.00. PRME beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 47.19% of the time in the same period. In the last calendar year PRME has Underperformed its overall industry.
Next quarter’s sales forecast for PRME is $1.00M with a range of $0.00 to $6.00M. The previous quarter’s sales results were $0.00. PRME beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 47.19% of the time in the same period. In the last calendar year PRME has Underperformed its overall industry.

PRME Stock Forecast FAQ

What is PRME’s average 12-month price target, according to analysts?
Based on analyst ratings, Prime Medicine, Inc.’s 12-month average price target is $16.75.
    What is PRME’s upside potential, based on the analysts’ average price target?
    Prime Medicine, Inc. has 223.98% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is PRME a Buy, Sell or Hold?
          Prime Medicine, Inc. has a conensus rating of Strong Buy which is based on 5 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Prime Medicine, Inc.’s price target?
            The average price target for Prime Medicine, Inc. is $16.75. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $20.00 ,the lowest forecast is $12.00. The average price target represents 223.98% Increase from the current price of $5.17.
              What do analysts say about Prime Medicine, Inc.?
              Prime Medicine, Inc.’s analyst rating consensus is a Strong Buy. This is based on the ratings of 5 Wall Streets Analysts.
                How can I buy shares of PRME?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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