Analyst Price Target is $13.38
▲ +691.42% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Prime Medicine in the last 3 months. The average price target is $13.38, with a high forecast of $18.00 and a low forecast of $10.00. The average price target represents a 691.42% upside from the last price of $1.69.
Current Consensus is
Buy
The current consensus among 9 polled investment analysts is to buy stock in Prime Medicine. This rating has held steady since November 2024, when it changed from a Moderate Buy consensus rating.
Prime Medicine, Inc., a biotechnology company, delivers genetic therapies to address the spectrum of diseases by deploying gene editing technology. The company 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. It has a research collaboration with Cimeio Therapeutics to develop Prime Edited Shielded-Cell & Immunotherapy Pairs for genetic diseases, acute myeloid leukemia, and myelodysplastic syndrome. The company was incorporated in 2019 and is based in Cambridge, Massachusetts.
Read More