Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Prime Medicine Inc has a consensus price target of $16.29 based on the ratings of 15 analysts. The high is $25 issued by Jefferies on November 14, 2022. The low is $10 issued by JMP Securities on December 10, 2024. The 3 most-recent analyst ratings were released by JMP Securities, Guggenheim, and Chardan Capital on December 10, 2024, December 3, 2024, and November 13, 2024, respectively. With an average price target of $14.33 between JMP Securities, Guggenheim, and Chardan Capital, there's an implied 394.25% upside for Prime Medicine Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Prime Medicine (NASDAQ:PRME) was reported by JMP Securities on December 10, 2024. The analyst firm set a price target for $10.00 expecting PRME to rise to within 12 months (a possible 244.83% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Prime Medicine (NASDAQ:PRME) was provided by JMP Securities, and Prime Medicine initiated their market outperform rating.
The last upgrade for Prime Medicine Inc happened on May 16, 2024 when Citigroup raised their price target to $10. Citigroup previously had a neutral for Prime Medicine Inc.
There is no last downgrade for Prime Medicine.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Prime Medicine, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Prime Medicine was filed on December 10, 2024 so you should expect the next rating to be made available sometime around December 10, 2025.
While ratings are subjective and will change, the latest Prime Medicine (PRME) rating was a initiated with a price target of $0.00 to $10.00. The current price Prime Medicine (PRME) is trading at is $2.90, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.