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Prime Medicine (PRME)

Nasdaq Market Closed

Prime Medicine, Inc. is a biotechnology company developing genetic medicines based on prime editing, a gene-editing approach designed to make precise changes to DNA. The company’s strategy is to create potentially durable, and in some cases potentially curative, treatments for diseases caused by defined genetic alterations, acquired cellular dysfunction, or abnormal gene expression.

Prime editing is intended to expand the range of possible genetic corrections beyond certain earlier editing methods by enabling targeted insertions, deletions, and base substitutions without relying on double-strand DNA breaks in the same way as traditional CRISPR approaches. Prime Medicine is working to translate this platform into therapeutic candidates across multiple disease areas, with particular attention to conditions where a single genetic defect is well understood and correction could have meaningful clinical impact.

Its pipeline includes PM577 for Wilson disease, a rare inherited disorder involving impaired copper transport. The program is designed to initially correct the H1069Q mutation in the ATP7B gene, one of the mutations associated with the disease. Preclinical work has supported targeted correction and restoration of copper homeostasis in animal models.

Prime Medicine is also developing PM647 for alpha-1 antitrypsin deficiency, a liver-related genetic disease with substantial unmet medical need. Like many platform biotechnology companies, Prime’s prospects depend on delivery technology, editing efficiency, safety, durability of effect, manufacturing execution, and regulatory progress.

As a public biotech stock, Prime Medicine offers exposure to a frontier area of genomic medicine, but it also carries the scientific, clinical, and financing risks typical of early-stage therapeutic development.

3.78 USD
−0.45 (-10.64%)

Last updated

Market Cap
$682,733,965
P/E
P/FCF
P/S
169.24
Enterprise Value
$618,627,965
Sector
Materials
Industry
Biological Products, Except Diagnostic Substances
Address
60 FIRST ST., CAMBRIDGE, MA, 02141
Market Cap
$682,733,965
Enterprise Value
$618,627,965
P/E
P/B
8.9
P/S
169.24
EV / EBITDA
-3.11
EV / Sales
153.35
EPS
-1.1
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$158,740,000
ROE
-258.64%
ROA
-67.31%
Debt / Equity
0
Current Ratio
2.54
Quick Ratio
2.54
Cash
1.18
Avg Volume
$3,905,628
Fundamentals Snapshot Price
3.78

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 856K 838K 1.23M 1.12M 1.45M
Gross profit 856K 838K 1.23M 1.12M 1.45M
Operating income -50.65M -48.61M -53.97M -53.38M -52.39M
EBITDA -48.8M -46.73M -52.09M -51.51M -50.69M
Net income -49.12M -46.08M -50.58M -52.59M -51.89M
Basic EPS -0.28 -0.24 -0.32 -0.41 -0.4
Diluted EPS -0.28 -0.24 -0.32 -0.41 -0.4

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 294.73M 342.73M 385.01M 279.01M 328.16M
Total liabilities 218.03M 221.87M 223.19M 218.15M 221.24M
Total equity 76.7M 120.87M 161.82M 60.86M 106.92M
Cash & equivalents 64.11M 63.03M 71.4M 53.8M 91.88M
Current assets 137.89M 181.29M 231.41M 121.29M 163.77M
Current liabilities 54.29M 55.45M 35.02M 34.11M 34.29M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -42.71M -37.26M -35.04M -41.41M -48.86M
Investing cash flow 43.39M 28.33M -92.12M 2.77M -47.74M
Financing cash flow 393K 562K 144.75M 197K 6M
Change in cash 1.07M -8.36M 17.59M -38.44M -90.6M
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