Prime Medicine, Inc. (PRME)

NASDAQ:
PRME
| Latest update: May 31, 2026, 5:55 PM

Stock events for Prime Medicine, Inc. (PRME)

Several events have impacted Prime Medicine's stock price in the past six months. The company reported its full-year 2025 financial results and flagged a "going concern" risk, indicating a need for additional funding. The company reported a quarterly loss of $0.28 per share, missing estimates. Analysts have issued price targets for PRME, with a median target of $7.50 to $8.50. Svetlana Makhni was appointed as Chief Financial Officer. Prime Medicine's stock has traded between $1.11 and $6.94 over the past 52 weeks, gaining 143.2% over the past 12 months but declining in shorter recent periods. There have been reports of insider purchases.

Demand Seasonality affecting Prime Medicine, Inc.’s stock price

Demand for Prime Medicine's products and services is not typically subject to seasonal fluctuations. Demand is primarily driven by the prevalence of the diseases being targeted, the success of clinical trials, regulatory approvals, and the medical need for effective treatments. The gene editing industry itself is experiencing rapid growth, driven by R&D budgets, new medical use-cases, and strong investment.

Overview of Prime Medicine, Inc.’s business

Prime Medicine, Inc. is a biotechnology company focused on developing genetic medicines using its Prime Editing platform. The company aims to provide durable and potentially curative treatment options for diseases caused by genetic alterations, cellular dysfunction, or dysregulated gene expression. Their Prime Editing technology is designed to restore normal genetic function by performing base edits, insertions, and deletions without creating double-strand breaks in DNA. Prime Medicine is advancing a diversified portfolio of therapeutic programs across hematology, immunology and oncology, liver, and lung. Key programs include PM359 for Chronic Granulomatous Disease (CGD), PM577 for Wilson Disease, PM647 for Alpha-1 Antitrypsin Deficiency (AATD), a Cystic Fibrosis program, and ex vivo CAR-T products in partnership with Bristol Myers Squibb.

PRME’s Geographic footprint

Prime Medicine, Inc. is headquartered in Cambridge, Massachusetts, U.S.

PRME Corporate Image Assessment

Prime Medicine's brand reputation has been influenced by its scientific advancements and financial disclosures. Progress in developing the Prime Editing platform and advancing pipeline programs contributes positively to its scientific reputation. The disclosure of a "going concern" risk raises concerns about the company's financial stability and could negatively impact investor confidence and its brand reputation within the financial community. Social media campaigns and demand for expanded access to its product candidates could negatively affect its reputation.

Ownership

Prime Medicine, Inc. has a mixed ownership structure. Institutional investors hold a significant portion of the company's stock, with estimates ranging from approximately 9.58% to 70%. Insiders own approximately 49.23% of the company's stock. Public companies and individual investors hold the remaining portion, with retail investors holding around 29.06%. Major institutional owners include Alphabet Inc, BlackRock, Inc., and Vanguard Group Inc.

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Price Chart

$3.55

4.41%
(1 month)

Top Shareholders

Alphabet, Inc.
9.60%
BlackRock, Inc.
4.79%
The Vanguard Group, Inc.
3.76%
T. Rowe Price Group, Inc.
3.54%
ARK Invest LLC
3.11%
State Street Corp.
2.95%
Sumitomo Mitsui Trust Group, Inc.
1.88%
Casdin Capital LLC
1.84%

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FAQ

What is the current stock price of Prime Medicine, Inc.?

As of the latest update, Prime Medicine, Inc.'s stock is trading at $3.55 per share.

What’s happening with Prime Medicine, Inc. stock today?

Today, Prime Medicine, Inc. stock is up by 4.41%, possibly due to news.

What is the market sentiment around Prime Medicine, Inc. stock?

Current sentiment around Prime Medicine, Inc. stock is positive, based on recent news, trading volume, and analyst opinions.

Is Prime Medicine, Inc.'s stock price growing?

Over the past month, Prime Medicine, Inc.'s stock price has increased by 4.41%.

How can I buy Prime Medicine, Inc. stock?

You can buy Prime Medicine, Inc. stock through any brokerage platform, such as e.g., Robinhood, Fidelity, E*TRADE, by searching for the ticker symbol PRME

Who are the major shareholders of Prime Medicine, Inc. stock?

Major shareholders of Prime Medicine, Inc. include institutions such as Alphabet, Inc. (9.60%), BlackRock, Inc. (4.79%), The Vanguard Group, Inc. (3.76%) ... , according to the latest filings.