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Prime Medicine, Inc. (PRME)
NASDAQ:PRME
Prime Medicine, Inc. (PRME) Stock Forecast & Price Target
473 Followers
See the Price Targets and Ratings of:
PRME Analyst Ratings
Strong Buy
7 Buy
0 Hold
0 Sell
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
$15.14
▲(185.39% Upside)
| Highest Price Target$20.00 | Average Price Target$15.14 | Lowest Price Target$10.00 |
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 Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
H.C. Wainwright
Initiated
05/20/24
J.P. Morgan
Reiterated
05/13/24
JonesTrading
Reiterated
05/13/24
BMO Capital
Assigned
05/12/24
Jefferies
Assigned
05/07/24
Chardan Capital
Initiated
04/22/24
TD Cowen
Assigned
04/08/24
Wedbush
Initiated
04/02/24
Guggenheim
Reiterated
03/05/24
Stifel Nicolaus
$18→$9
Hold
$9.00
(69.65% Upside)
Downgraded
01/15/24
Prime Medicine downgraded to Hold from Buy at StifelPrime Medicine downgraded to Hold from Buy at Stifel
Morgan Stanley
$18→$12
Hold
$12.00
(126.20% 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
Best Analysts Covering Prime Medicine, Inc.
Which Analyst Should I Follow If I Want to Buy PRME and Sell After:
1 Month
xxx
Success Rate
4/5 ratings generated profit
Average Return
+17.36%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 80.00% of your transactions generating a profit, with an average return of +17.36% per trade.
3 Months
xxx
Success Rate
2/5 ratings generated profit
Average Return
-6.68%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 40.00% of your transactions generating a profit, with an average return of -6.68% per trade.
1 Year
Success Rate
1/5 ratings generated profit
Average Return
-18.16%
reiterated a buy rating 2 months ago
Copying Justin Walsh's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -18.16% per trade.
2 Years
xxx
Success Rate
1/5 ratings generated profit
Average Return
-18.16%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 20.00% of your transactions generating a profit, with an average return of -18.16% per trade.
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
Dec 23
Jan 24
Mar 24
Apr 24
May 24
Strong Buy
6
4
5
9
11
Buy
0
0
0
1
3
Hold
3
4
3
1
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
9
8
8
11
14
Each month's total comprises the sum of three months' worth of ratings.
PRME Financial Forecast
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 $15.14.
What is PRME’s upside potential, based on the analysts’ average price target?
Prime Medicine, Inc. has 185.39% 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 consensus rating of Strong Buy which is based on 7 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 $15.14. This is based on 7 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 $10.00. The average price target represents 185.39% Increase from the current price of $5.305.
The highest analyst price target is $20.00 ,the lowest forecast is $10.00. The average price target represents 185.39% Increase from the current price of $5.305.
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 7 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.