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MRNA

Moderna, Inc.

MRNA

NASDAQ·Healthcare·Biotechnology·Mkt cap $28.8B

$78.79

+8.67%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$22.28 - $81.38

P/E

-9.67

Fwd P/E

-11.72

Beta

1.03

Div Yield

0.00%

Avg Vol

7.3M

Shares Out

396.6M

Mkt Cap

$28.8B

Price action

Price chart

Up 139.4% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary mRNA technology platform
  • Rapid vaccine development capabilities
  • Diverse therapeutic portfolio
  • Strong research and development infrastructure

Bear Case

1 risk

  • Average volatility.

Growth

Mild headwinds expected

Expanding global vaccine markets

Value

Deep value opportunity - significant discount to Biotech & Therapeutics peers

Momentum

Hot

+47.4% over 3m

Quality

Loss-making

Solid business

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 29, 2026

Q2 26 RECAP

MAY 1, 2026

Reported EPS of -$3.40 vs -$3.02 consensus (-12.6% surprise). Revenue of $389.0M vs $236.4M expected (+64.6%).

EPS miss
Rev beat +64.6%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-12.6%

Next: Apr 29, 2026

Revenue trend · last 8Q

-66%

-36%

-36%

-45%

-29%

+264%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$221.0M

$1.9B

$956.0M

$107.0M

$142.0M

$1.0B

$678.0M

$389.0M

Margins · last 8Q

Gross

Operating

Profit

-345.2%

Wall Street consensus

7 analysts · 14% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

14%

Hold

6

86%

Sell

0%

Median Price Target

$45.00

-42.9% vs $78.79

Low $33.00
Median $45.00
High $49.00

Latest: Piper Sandler · Jun 26, 2026

4 analysts covering

vs Industry

How MRNA stacks vs Biotechnology

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.