$3.59
7.81% today
NYSE, Nov 26, 03:12 pm CET
ISIN
US74168J1016
Symbol
PRME
Sector
Industry

Prime Medicine Target price 2024 - Analyst rating & recommendation

Prime Medicine Classifications & Recommendation:

Buy
83%
Hold
17%

Prime Medicine Price Target

Target Price $12.64
Price $3.33
Potential
Number of Estimates 11
11 Analysts have issued a price target Prime Medicine 2025 . The average Prime Medicine target price is $12.64. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 12 analysts: 10 Analysts recommend Prime Medicine to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Prime Medicine stock has an average upside potential 2025 of . Most analysts recommend the Prime Medicine stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 0.00 9.91

12 Analysts have issued a sales forecast Prime Medicine 2024 . The average Prime Medicine sales estimate is

$9.9m
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. This is
1,138.45% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$56.0m 6,900.00%
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, the lowest is
$591k 26.13%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $0.0
2025
$15.2m 53.18%
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2026
$34.6m 127.90%
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2027
$6.9m 80.05%
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2028
$19.1m 176.09%
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4 Analysts have issued an Prime Medicine EBITDA forecast 2024. The average Prime Medicine EBITDA estimate is

$-208m
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. This is
0.35% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-194m 6.39%
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, the lowest is
$-218m 5.25%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-187m 78.55%
2024
$-208m 11.37%
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2025
$-186m 10.41%
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2026
$-221m 18.42%
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EBITDA Margin

2025
-1,227.00% 41.51%
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2026
-637.56% 48.04%
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5 Prime Medicine Analysts have issued a net profit forecast 2024. The average Prime Medicine net profit estimate is

$-216m
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. This is
18.11% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-150m 43.28%
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, the lowest is
$-251m 4.97%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-286m 49.32%
2024
$-216m 24.50%
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2025
$-180m 16.40%
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2026
$-143m 20.93%
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2027
$-160m 11.91%
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2028
$-157m 1.65%
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Net Margin

2025
-1,189.15% 45.43%
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2026
-412.57% 65.31%
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2027
-2,314.31% 460.95%
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2028
-824.48% 64.37%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -2.18 -1.65
49.32% 24.31%
P/E negative
EV/Sales 26.79

5 Analysts have issued a Prime Medicine forecast for earnings per share. The average Prime Medicine <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-1.65
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. This is
17.91% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-1.14 43.28%
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, the lowest is
$-1.91 4.98%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-2.18 49.32%
2024
$-1.65 24.31%
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2025
$-1.38 16.36%
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2026
$-1.09 21.01%
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2027
$-1.22 11.93%
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2028
$-1.20 1.64%
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P/E ratio

Current -1.65 57.25%
2024
-2.02 22.42%
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2025
-2.42 19.80%
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2026
-3.06 26.45%
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2027
-2.74 10.46%
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2028
-2.78 1.46%
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Based on analysts' sales estimates for 2024, the Prime Medicine stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

26.79
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
40.34
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.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 331.78
2024
26.79 91.93%
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2025
17.49 34.72%
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2026
7.67 56.12%
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2027
38.47 401.29%
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2028
13.93 63.78%
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P/S ratio

Current
2024
40.34 91.93%
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2025
26.34 34.72%
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2026
11.56 56.12%
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2027
57.93 401.29%
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2028
20.98 63.78%
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