PRLD (Prelude Therapeutics Incorporated) Stock Analysis - News

Prelude Therapeutics Incorporated (PRLD) is a publicly traded Healthcare sector company. As of May 21, 2026, PRLD trades at $4.51 with a market cap of $345.66M and a P/E ratio of -4.37. PRLD moved +5.50% today. Year to date, PRLD is +84.43%; over the trailing twelve months it is +358.25%. Its 52-week range spans $0.61 to $5.54. Analyst consensus is strong buy with an average price target of $7.67. Rallies surfaces PRLD's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in PRLD news today?

Prelude Therapeutics Advances PRT12396 Trial and Secures Cash Runway to Q2 2028: Prelude Therapeutics initiated enrollment of its Phase 1 trial for PRT12396 in polycythemia vera and myelofibrosis, and plans an IND filing for oral KAT6A degrader PRT13722 by mid-2026 with Phase 1 start in ER+ breast cancer later that year. Cash runway extends into Q2 2028 after a $90M underwritten offering.

PRLD Key Metrics

Key financial metrics for PRLD
MetricValue
Price$4.51
Market Cap$345.66M
P/E Ratio-4.37
EPS$-1.00
Dividend Yield0.00%
52-Week High$5.54
52-Week Low$0.61
Volume27
Avg Volume0
Revenue (TTM)$16.72M
Net Income$-77.80M
Gross Margin0.00%

Latest PRLD News

Recent PRLD Insider Trades

  • Bonita David P bought 1.69M (~$7.50M) on Apr 21, 2026.
  • Bonita David P bought 1.13M (~$5.00M) on Apr 21, 2026.
  • ORBIMED ADVISORS LLC bought 1.69M (~$7.50M) on Apr 21, 2026.

PRLD Analyst Consensus

3 analysts cover PRLD: 0 strong buy, 3 buy, 0 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $7.67.

Common questions about PRLD

What changed in PRLD news today?
Prelude Therapeutics Advances PRT12396 Trial and Secures Cash Runway to Q2 2028: Prelude Therapeutics initiated enrollment of its Phase 1 trial for PRT12396 in polycythemia vera and myelofibrosis, and plans an IND filing for oral KAT6A degrader PRT13722 by mid-2026 with Phase 1 start in ER+ breast cancer later that year. Cash runway extends into Q2 2028 after a $90M underwritten offering.
Does Rallies summarize PRLD news?
Yes. Rallies summarizes PRLD news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is PRLD research on Rallies investment advice?
No. Rallies provides research, data, and educational context for PRLD. It does not provide personalized investment advice.
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