PRLD Chart
About

Prelude Therapeutics Incorporated, a clinical-stage precision oncology company, focuses on the discovery and development of novel precision cancer medicines to underserved patients. It is developing JAK2V617F, a driver mutation product for the treatment of myeloproliferative neoplasms, myelofibrosis (MF), polycythemia vera, and essential thrombocythemia (ET); KAT6A for the treatment of advanced breast cancer and other solid tumors; and mutated calreticulin degrader antibody conjugates to treat MF and ET. The company has collaboration with AbCellera Biologics to discover, develop, and commercialize novel degrader antibody conjugates. Prelude Therapeutics Incorporated was incorporated in 2016 and is based in Wilmington, Delaware.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 215.63M
Enterprise Value 197.67M Income -99.50M Sales 12.14M
Book/sh 0.83 Cash/sh 1.25 Dividend Yield
Payout 0.00% Employees 79 IPO
P/E Forward P/E -3.00 PEG
P/S 17.76 P/B 4.12 P/C
EV/EBITDA -1.95 EV/Sales 16.28 Quick Ratio 1.95
Current Ratio 1.99 Debt/Eq 25.92 LT Debt/Eq
EPS (ttm) -1.29 EPS next Y -1.15 EPS Growth
Revenue Growth 41.00% Earnings 2026-05-13 ROA -40.74%
ROE -99.45% ROIC Gross Margin 100.00%
Oper. Margin -284.54% Profit Margin 0.00% Shs Outstand 43.77M
Shs Float 14.66M Short Float 30.16% Short Ratio 6.50
Short Interest 52W High 4.22 52W Low 0.61
Beta 0.87 Avg Volume 405.99K Volume 135.63K
Target Price $5.17 Recom Strong_buy Prev Close $3.36
Price $3.43 Change 2.08%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.17
Mean price target
2. Current target
$3.43
Latest analyst target
3. DCF / Fair value
$-9.82
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.43
Low
$4.50
High
$6.00
Mean
$5.17

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-11 main Citizens Market Outperform → Market Outperform $6
2025-09-23 reit HC Wainwright & Co. Buy → Buy $5
2025-08-18 main JMP Securities Market Outperform → Market Outperform $3
2025-05-05 reit HC Wainwright & Co. Buy → Buy $5
2025-04-29 reit JMP Securities Market Outperform → Market Outperform $4
2025-04-08 reit HC Wainwright & Co. Buy → Buy $5
2025-03-12 reit Citizens Capital Markets Market Outperform → Market Outperform $4
2024-12-11 reit JMP Securities Market Outperform → Market Outperform $4
2024-11-08 reit HC Wainwright & Co. Buy → Buy $5
2024-10-28 reit HC Wainwright & Co. Buy → Buy $5
2024-09-19 up HC Wainwright & Co. Neutral → Buy $5
2024-09-16 reit JMP Securities Market Outperform → Market Outperform $7
2024-09-16 reit HC Wainwright & Co. Neutral → Neutral $5
2024-09-10 reit HC Wainwright & Co. Neutral → Neutral $5
2024-08-15 reit HC Wainwright & Co. Neutral → Neutral $5
2024-03-13 init JMP Securities — → Market Outperform $7
2024-02-20 down HC Wainwright & Co. Buy → Neutral $5
2023-12-19 down Morgan Stanley Equal-Weight → Underweight $4
2023-11-07 main HC Wainwright & Co. Buy → Buy $5
2023-10-19 main HC Wainwright & Co. Buy → Buy $6
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 9375 HUANG JANE President 2025-10-03 00:00:00 D nan
1 9375 HUANG JANE President 2025-07-03 00:00:00 D nan
2 9375 HUANG JANE President 2025-04-04 00:00:00 D nan
3 675000 Purchase at price 0.69 per share. VADDI KRISHNA Chief Executive Officer 2025-03-25 00:00:00 D 467438.0
4 100000 Purchase at price 0.69 per share. COMBS ANDREW P Officer 2025-03-25 00:00:00 D 69250.0
5 20416 Purchase at price 0.73 per share. VADDI KRISHNA Chief Executive Officer 2025-03-21 00:00:00 D 14909.0
6 39105 Purchase at price 0.75 per share. VADDI KRISHNA Chief Executive Officer 2025-03-17 00:00:00 D 29460.0
7 97500 Purchase at price 0.71 - 0.72 per share. VADDI KRISHNA Chief Executive Officer 2025-03-13 00:00:00 D 69564.0
8 9375 HUANG JANE President 2025-01-03 00:00:00 D nan
9 5000 Purchase at price 1.21 per share. VADDI KRISHNA Chief Executive Officer 2024-12-31 00:00:00 I 6044.0
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-102.86M-137.94M-131.11M-122.22M
NetIncomeFromContinuingOperationNetMinorityInterest-99.50M-127.17M-121.83M-115.44M
ReconciledDepreciation1.71M1.77M1.17M1.32M
EBITDA-102.86M-137.94M-131.11M-122.22M
EBIT-104.57M-139.71M-132.28M-123.54M
NormalizedIncome-99.50M-127.17M-121.83M-115.44M
NetIncomeFromContinuingAndDiscontinuedOperation-99.50M-127.17M-121.83M-115.44M
TotalExpenses116.71M146.71M132.28M123.54M
TotalOperatingIncomeAsReported-104.57M-139.71M-132.28M-123.54M
DilutedAverageShares75.81M60.36M47.37M46.05M
BasicAverageShares75.81M60.36M47.37M46.05M
DilutedEPS-1.68-2.02-2.44-2.43
BasicEPS-1.68-2.02-2.44-2.43
DilutedNIAvailtoComStockholders-99.50M-127.17M-121.83M-115.44M
NetIncomeCommonStockholders-99.50M-127.17M-121.83M-115.44M
NetIncome-99.50M-127.17M-121.83M-115.44M
NetIncomeIncludingNoncontrollingInterests-99.50M-127.17M-121.83M-115.44M
NetIncomeContinuousOperations-99.50M-127.17M-121.83M-115.44M
PretaxIncome-99.50M-127.17M-121.83M-115.44M
OtherIncomeExpense5.07M12.54M10.45M8.10M
OtherNonOperatingIncomeExpenses5.07M12.54M10.45M8.10M
OperatingIncome-104.57M-139.71M-132.28M-123.54M
OperatingExpense116.71M146.71M132.28M123.54M
ResearchAndDevelopment94.30M118.00M103.39M92.89M
SellingGeneralAndAdministration22.41M28.72M28.88M30.65M
GeneralAndAdministrativeExpense22.41M28.72M28.88M30.65M
OtherGandA22.41M28.72M28.88M30.65M
TotalRevenue12.14M7.00M0.000.00
OperatingRevenue12.14M7.00M0.000.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber62.95M55.15M54.91M47.90M
ShareIssued62.95M55.15M54.91M47.90M
TotalDebt17.79M18.02M16.89M1.83M
TangibleBookValue68.64M131.46M237.09M195.44M
InvestedCapital68.64M131.46M237.09M195.44M
WorkingCapital52.70M110.25M213.76M182.68M
NetTangibleAssets68.64M131.46M237.09M195.44M
CapitalLeaseObligations17.79M18.02M16.89M1.83M
CommonStockEquity68.64M131.46M237.09M195.44M
TotalCapitalization68.64M131.46M237.09M195.44M
TotalEquityGrossMinorityInterest68.64M131.46M237.09M195.44M
StockholdersEquity68.64M131.46M237.09M195.44M
GainsLossesNotAffectingRetainedEarnings8.00K35.00K223.00K-1.69M
OtherEquityAdjustments8.00K35.00K223.00K-1.69M
RetainedEarnings-683.06M-583.56M-456.39M-334.56M
AdditionalPaidInCapital751.68M714.98M693.25M531.68M
CapitalStock6.00K5.00K5.00K5.00K
CommonStock6.00K5.00K5.00K5.00K
TotalLiabilitiesNetMinorityInterest72.68M44.06M40.58M25.06M
TotalNonCurrentLiabilitiesNetMinorityInterest19.68M18.41M18.75M3.36M
OtherNonCurrentLiabilities2.84M3.09M3.34M3.36M
NonCurrentDeferredLiabilities1.80M0.00
NonCurrentDeferredRevenue1.80M0.00
LongTermDebtAndCapitalLeaseObligation15.04M15.32M15.41M0.00
LongTermCapitalLeaseObligation15.04M15.32M15.41M0.00
CurrentLiabilities52.99M25.64M21.83M21.70M
OtherCurrentLiabilities965.00K771.00K945.00K524.00K
CurrentDeferredLiabilities33.73M0.00
CurrentDeferredRevenue33.73M0.00
CurrentDebtAndCapitalLeaseObligation2.74M2.70M1.48M1.83M
CurrentCapitalLeaseObligation2.74M2.70M1.48M1.83M
PensionandOtherPostRetirementBenefitPlansCurrent7.14M9.02M9.16M5.68M
PayablesAndAccruedExpenses8.41M13.15M10.25M13.66M
CurrentAccruedExpenses4.43M5.42M5.67M6.89M
Payables3.98M7.73M4.58M6.78M
AccountsPayable3.98M7.73M4.58M6.78M
TotalAssets141.31M175.51M277.67M220.50M
TotalNonCurrentAssets35.62M39.62M42.08M16.12M
OtherNonCurrentAssets3.35M4.15M4.34M9.42M
NetPPE32.28M35.47M37.74M6.70M
AccumulatedDepreciation-6.93M-5.26M-3.57M-3.32M
GrossPPE39.21M40.72M41.30M10.02M
Leases1.71M1.70M1.58M875.00K
ConstructionInProgress0.00338.00K1.64M668.00K
OtherProperties35.10M36.62M37.05M7.42M
MachineryFurnitureEquipment2.40M2.40M2.33M87.00K
Properties0.000.000.000.00
CurrentAssets105.69M135.90M235.59M204.38M
OtherCurrentAssets2.48M2.28M2.65M2.65M
PrepaidAssets3.88M
CashCashEquivalentsAndShortTermInvestments103.21M133.61M232.94M201.73M
OtherShortTermInvestments67.96M121.14M207.64M171.12M
CashAndCashEquivalents35.26M12.47M25.29M30.61M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-56.37M-103.65M-110.58M-86.75M
RepaymentOfDebt-208.00K-395.00K0.000.00
IssuanceOfCapitalStock24.88M0.00135.73M0.00
CapitalExpenditure-67.00K-764.00K-3.51M-3.02M
EndCashPosition38.49M16.52M29.34M34.65M
BeginningCashPosition16.52M29.34M34.65M35.87M
ChangesInCash21.97M-12.82M-5.31M-1.22M
FinancingCashFlow24.82M-120.00K136.40M815.00K
CashFlowFromContinuingFinancingActivities24.82M-120.00K136.40M815.00K
NetOtherFinancingCharges-17.00K-164.00K-17.00K-303.00K
ProceedsFromStockOptionExercised166.00K439.00K681.00K815.00K
NetPreferredStockIssuance0.00
PreferredStockIssuance0.00
NetCommonStockIssuance24.88M0.00135.73M0.00
CommonStockIssuance24.88M0.00135.73M0.00
NetIssuancePaymentsOfDebt-208.00K-395.00K0.000.00
NetLongTermDebtIssuance-208.00K-395.00K0.000.00
LongTermDebtPayments-208.00K-395.00K0.000.00
InvestingCashFlow53.46M90.19M-34.65M81.69M
CashFlowFromContinuingInvestingActivities53.46M90.19M-34.65M81.69M
NetInvestmentPurchaseAndSale53.53M90.95M-31.13M84.71M
SaleOfInvestment154.39M143.65M190.50M203.93M
PurchaseOfInvestment-100.87M-52.69M-221.63M-119.22M
NetPPEPurchaseAndSale-67.00K-764.00K-3.51M-3.02M
PurchaseOfPPE-67.00K-764.00K-3.51M-3.02M
OperatingCashFlow-56.30M-102.89M-107.06M-83.73M
CashFlowFromContinuingOperatingActivities-56.30M-102.89M-107.06M-83.73M
ChangeInWorkingCapital28.41M4.22M-10.48M932.00K
ChangeInOtherWorkingCapital35.53M
ChangeInOtherCurrentLiabilities-28.00K1.05M-1.62M-1.71M
ChangeInPayablesAndAccruedExpense-6.90M2.50M252.00K6.49M
ChangeInAccruedExpense-2.98M-808.00K2.52M6.83M
ChangeInPayable-3.92M3.31M-2.27M-347.00K
ChangeInAccountPayable-3.92M3.31M-2.27M-347.00K
ChangeInPrepaidAssets-197.00K668.00K-9.11M-3.84M
OtherNonCashItems1.53M1.59M1.94M1.72M
StockBasedCompensation11.91M21.34M25.62M25.14M
AmortizationOfSecurities-371.00K-4.64M-3.47M2.59M
DepreciationAmortizationDepletion1.71M1.77M1.17M1.32M
DepreciationAndAmortization1.71M1.77M1.17M1.32M
GainLossOnSaleOfPPE0.00
NetIncomeFromContinuingOperations-99.50M-127.17M-121.83M-115.44M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for PRLD
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