Prime Medicine, Inc.

PRME NASDAQ Categories PDF
Healthcare · Biotechnology
Cambridge, MA 02139, United States IPO 2022 primemedicine.com Updated Jul 8, 10:23pm
Price
$4.62
Market Cap
$834.5M
Employees
146
Beta
2.27
Avg Volume
2,698,047
CEO
Allan Reine

Prime Medicine, Inc. operates as a biotechnology firm, dedicated to delivering genetic therapies for various diseases by strategically employing advanced gene editing technology. Central to their platform is the "Prime Editor" system, which combines a unique Prime Editor protein—a hybrid composed of a Cas protein and a reverse transcriptase enzyme—with a specialized pegRNA molecule. This pegRNA plays a crucial role by both guiding the Prime Editor to a precise location within the genome and providing the essential template for introducing the desired modification to the target DNA sequence. The company, founded in 2019, maintains its headquarters in Cambridge, Massachusetts.

Runs with full report
Price Overview
Last updated: Jul 8, 2026 11:28pm (just now)
Current data · timestamped when a report runs
$4.62
Change · Jul 8
+0.63 (+15.79%)
Day Range
$4.30 – $4.83
52-Week Range
$2.67 – $6.94
50-Day MA
$3.29
200-Day MA
$3.93
Volume
11,406,885.00
Analyst Price Targets
Low $6.00
Consensus $7.00
High $8.00
(6 analysts)
Share Structure
Outstanding 180,617,450.00
Float 59,172,124.00
Free Float 32.8%
Moderate free float — 32.8% of shares trade freely, ~67.2% held by insiders/institutions
Reasonable but insiders still hold a significant stake. This can be positive (skin in the game) but may limit liquidity during sell-offs.
Price History (1 Year)
Last updated: Jul 8, 2026 10:23pm (1h ago)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jul 8, 2026 10:23pm (1h ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-3.42
Stock Price: $4.62
EPS (Diluted): -1.35
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
4.27
Stock Price: $4.62
Total Equity: $120.87M
Shares: 148,758,527
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-4.64
Market Cap: $834.45M
Total Debt: $108.29M
Cash: $63.03M
EBITDA: -$195.76M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$569.6M
Market Cap: $834.45M
Total Debt: $108.29M
Cash: $63.03M
P/S Ratio (Price per dollar of revenue)
API
Stock Price / Revenue Per Share
111.44
Stock Price: $4.62
Revenue: $4.63M
Shares: 148,758,527
EV/Sales (Total value vs revenue — works when P/E can't)
API
122.97
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
-58.1%
Gross Profit: -$2.69M
Revenue: $4.63M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
-4,498.1%
Operating Income: -$208.35M
Revenue: $4.63M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
-4,342.4%
Net Income: -$201.14M
Revenue: $4.63M
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
-188.8%
Net Income: -$201.14M
Total Equity: $120.87M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
-77.4%
Operating Income: -$208.35M
Tax Rate: 0.0%
Equity: $120.87M
Total Debt: $108.29M
Cash: $63.03M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
4.84
Current Assets: $181.29M
Current Liabilities: $37.45M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.90
Short-Term Debt: $0.00
Long-Term Debt: $108.29M
Total Debt: $108.29M
Total Equity: $120.87M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$0.03
Revenue: $4.63M
Shares: 148,758,527
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$0.81
Total Equity: $120.87M
Shares: 148,758,527
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-1.12
Operating CF: -$162.56M
CapEx: -$4.53M
Shares: 148,758,527
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $4.62
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: -$201.14M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares PRME against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 8, 2026 10:23pm (1h ago)
Metric 2021 2022 2023 2024 2025
Revenue $0 $0 $0 $3.0M $4.6M
Cost of Revenue $0 $0 $0 $0 $7.3M
Gross Profit $0 $0 $0 $3.0M -$2.7M
Operating Expenses $84.5M $116.5M $204.8M $205.5M $205.7M
Operating Income -$84.5M -$116.5M -$204.8M -$202.5M -$208.4M
Net Income -$165.4M -$121.8M -$198.1M -$195.9M -$201.1M
EBITDA -$165.3M -$120.5M -$186.6M -$189.8M -$195.8M
EPS $-1.92 $-1.46 $-2.18 $-1.65 $-1.35
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jul 8, 2026 10:23pm (1h ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $185.4M $187.6M $41.6M $182.5M $63.0M
Total Current Assets $270.6M $296.6M $143.0M $211.9M $181.3M
Total Assets $301.9M $360.3M $193.9M $297.5M $342.7M
Current Liabilities $58.0M $26.7M $56.4M $38.0M $37.4M
Long-Term Debt $0 $0 $0 $0 $108.3M
Total Liabilities $62.3M $44.0M $60.8M $144.4M $221.9M
Total Equity $239.6M $316.3M $133.1M $153.1M $120.9M
Retained Earnings -$171.4M -$293.2M -$491.3M -$687.2M -$888.4M
Cash Flow (Annual)
Last updated: Jul 8, 2026 10:23pm (1h ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow -$34.1M -$131.8M -$165.4M -$122.9M -$162.6M
Capital Expenditure -$4.2M -$16.1M -$8.7M -$7.3M -$4.5M
Free Cash Flow -$38.2M -$147.9M -$174.1M -$130.2M -$167.1M
Acquisitions (net) $0 $0 $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash $161.6M $2.6M -$146.0M $141.5M -$119.8M
Analyst Estimates (Annual)
Last updated: Jul 8, 2026 10:23pm (1h ago)
Metric 2027 2028 2029 2030
Revenue $21.0M
$3.6M – $52.5M
$28.4M
$3.5M – $103.6M
$15.7M
$1.9M – $57.3M
$50.9M
$6.2M – $186.0M
EBITDA $4.2M
$717,533 – $10.5M
$5.7M
$694,734 – $20.7M
$3.1M
$384,550 – $11.5M
$10.2M
$1.2M – $37.2M
Net Income -$135.3M
-$165.4M – -$105.2M
-$120.4M
-$160.2M – -$80.6M
-$135.4M
-$602.1M – $19.1M
-$121.3M
-$539.3M – $17.1M
EPS
Growth Trends (YoY %)
Last updated: Jul 8, 2026 10:23pm (1h ago)
Metric 2022 2023 2024 2025
Revenue Growth +55.3%
Gross Profit Growth -190.1%
Operating Income Growth -38.0% -75.7% +1.1% -2.9%
Net Income Growth +26.3% -62.6% +1.1% -2.7%
EBITDA Growth +27.1% -54.8% -1.7% -3.2%
Dividend History (Last 20)
Last updated: Jul 8, 2026 10:23pm (1h ago)
Date Dividend Declaration Record Payment
2018-03-22 $0.01 2018-01-11 2018-03-29
Insider Trading (Recent)
Last updated: Jul 8, 2026 10:23pm (1h ago)
Type codes PPurchase SSale AAward / grant MOption exercise FIn-kind (tax) CConversion GGift DReturn to issuer
All SEC Form 4 codes
Open market
P Purchase
Open-market or private purchase of shares.
S Sale
Open-market or private sale of shares.
Compensation (Rule 16b-3)
A Award / grant
Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
D Return to issuer
Securities disposed back to the company under Rule 16b-3.
F In-kind (tax)
Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
I Discretionary
Discretionary transaction under an employee plan — Rule 16b-3(f).
M Option exercise
Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
C Conversion
Conversion of a derivative security into the underlying shares.
E Short expiration
Expiration of a short derivative position.
H Long expiration
Expiration or cancellation of a long derivative position with value received.
O OTM exercise
Exercise of an out-of-the-money derivative.
X ITM exercise
Exercise of an in-the-money or at-the-money derivative.
Other exempt
G Gift
Bona fide gift of securities.
L Small acquisition
Small acquisition under Rule 16a-6.
W Inheritance
Acquisition or disposition by will or the laws of descent.
Z Voting trust
Deposit into or withdrawal from a voting trust.
Other
J Other
Other acquisition or disposition (explained in a Form 4 footnote).
K Equity swap
Transaction in an equity swap or similar instrument.
U Tender / buyout
Disposition via tender of shares in a change-of-control transaction.

Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.

Date Insider Type Shares Price Value
2026-06-05 Schenkein David P A-Award 75,000.00 $3.06 $229,500
2026-06-05 Marrazzo Jeffrey D A-Award 75,000.00 $3.06 $229,500
2026-06-05 NELSEN ROBERT A-Award 75,000.00 $3.06 $229,500
2026-06-05 Kelly Michael Aaron A-Award 75,000.00 $3.06 $229,500
2026-06-05 Foster-Cheek Kaye I A-Award 75,000.00 $3.06 $229,500
2026-06-05 Chung Wendy A-Award 75,000.00 $3.06 $229,500
2026-06-05 Cahill Thomas A-Award 75,000.00 $3.06 $229,500
2026-04-16 Makhni Svetlana Ni A-Award 800,000.00 $3.67 $2.9M
2026-04-16 Makhni Svetlana Ni 0.00 $0.00 $0
2026-02-26 Reine Allan A-Award 1,300,000.00 $4.38 $5.7M
2026-02-23 LEE ANN L. A-Award 375,000.00 $3.34 $1.3M
2026-02-23 Alenson Carman A-Award 140,000.00 $3.34 $467,600
2025-08-01 LEE ANN L. A-Award 180,995.00 $4.04 $731,220
2025-08-01 LEE ANN L. D-Return 180,995.00 $12.30 $2.2M
2025-08-01 LEE ANN L. D-Return 180,995.00 $8.49 $1.5M
2025-08-01 Schenkein David P A-Award 45,000.00 $4.04 $181,800
2025-08-01 Schenkein David P A-Award 39,062.00 $4.04 $157,810
2025-08-01 Schenkein David P D-Return 45,000.00 $7.68 $345,600
2025-08-01 Schenkein David P D-Return 39,062.00 $14.83 $579,289
2025-08-01 NELSEN ROBERT A-Award 45,000.00 $4.04 $181,800
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for PRME — it's generated by the pipeline (market-narrative step).
Community AI Feedback
No community reviews yet for PRME. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.393 · 6a8d9cc1 · 2026-07-08 21:32:56