Moderna MRNA Stock Price, News & Analysis

Moderna and Merck are now testing the cancer vaccine in addition to Merck’s Keytruda in patients with bladder cancer and kidney cancer, RBC Capital Markets analyst Luca Issi said in a report. Patients will receive either Keytruda or Keytruda plus the cancer vaccine after 200 vs 50 day moving average crossover strategy bladder or kidney removal. The company’s once eye-popping sales and profits are expected to decline this year. Analysts don’t expect a return to massive pandemic-era growth until 2025. That year, they expect strong sales of vaccines for Covid, RSV and the flu.

  1. You want to look at, what are the factors that impact Moderna’s ability to continue growing earnings in the future?
  2. Moderna Inc. has formed strategic partnerships with a variety of pharmaceutical companies, including AstraZeneca PLC, Merck & Co.
  3. Moderna (MRNA) stock jumped in mid-March, nearing its first breakout in over a year, after the company started additional studies of its Merck (MRK)-partnered cancer vaccine.
  4. He also noted Moderna and Merck began testing their combination in squamous cell carcinoma, a form of non-melanoma skin cancer.

The cancer vaccine reduced the likelihood cancer would return or patients would die by 49% after about three years. A Phase 3 study is already underway with the initial results expected later this decade. But at least one analyst says Moderna could seek a speedy approval in 2025.

That’s right — they think these 10 stocks are even better buys. Moderna Inc. has formed strategic partnerships with a variety of pharmaceutical companies, including AstraZeneca PLC, Merck & Co. Furthermore, the company has a collaboration and license agreement with Chiesi Farmaceutici S.P.A. As the company continues to advance its technologies and expand its strategic alliances, Moderna Inc. is proving to be a reliable source of transformative medicines to combat viruses and other diseases. Moderna Inc. is actively working to develop a range of pharmaceutical solutions and vaccines and to increase its strategic alliances.

Moderna Inc., founded in 2010, is a biotechnology company focused on creating transformative medicines to combat viruses and other diseases. The company utilizes messenger ribonucleic acid (mRNA) technology, which transports information from a living creature’s DNA to other parts of the body. The company has experienced rapid growth due to its innovative mRNA technologies, especially as the U.S. authorized the COVID-19 vaccine developed by Moderna Inc. for human use in December 2020. Moderna stock also enjoyed a late February boost after the Covid vaccine-maker topped fourth-quarter sales expectations and turned around a surprise profit. Last year, the vaccine called Spikevax brought in $6.8 billion in sales, compared to $19.3 billion in 2022.

Moderna stock has a poor IBD Digital Composite Rating of 23 out of a best-possible 99. The Composite Rating is a measure of a stock’s key fundamental and technical measures. So, MRNA stock outranks less than a quarter of all stocks, regardless industry group, on that measurement. The companies have already reported promising data from their study in melanoma, and are also testing the regimen in lung cancer. Bladder cancer and renal cell carcinoma are big opportunities, he said, with between 82,000 to 83,000 new diagnoses each year for both cancer types.

Moderna Shareholder

Upgrade to MarketBeat All Access to add more stocks to your watchlist. The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. Ark, through its flagship Ark Innovation ETF and Ark Genomic Revolution ETF, has been brisk with its acquisition of Moderna shares in March. But MRNA stock has a poor EPS Rating of 5, reflecting recent losses.

MRNA Stock News Headlines

Moderna Inc. operates in multiple therapeutic areas, including infectious diseases, immuno-oncology, rare diseases, autoimmune diseases and cardiovascular diseases. Its product pipeline includes prophylactic vaccines, localized regenerative therapeutics, cancer vaccines, systemic secreted therapeutics, intratumoral immuno-oncology and systemic intracellular therapeutics. 15 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Moderna in the last year.

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The company noted that it achieved 48% market share for Covid vaccines in the U.S. during the fall of 2023, up from 37% in the year-earlier period. Moderna is rivaling vaccine makers Pfizer and Novavax (NVAX). Just 17% of people six months of age and older had gotten one of the updated boosters as of the Centers For Disease Control and Prevention’s last update on May 11, 2023. Moderna stock analysts project a per-share loss of $3.29 for the first quarter, flipping from a year-ago gain of 19 cents.

Moderna (MRNA 1.29%) was recently added to the S&P 500 index. This was a big milestone for the vaccine maker after its breakout year in 2020. Moderna (MRNA) stock jumped in mid-March, nearing its first breakout in over a year, after the company started additional studies of its Merck (MRK)-partnered cancer vaccine. The more important thing to focus on with Moderna are those unique dynamics that impact this particular stock.

That included about $600 million in deferred revenue from a partnership with Gavi, a vaccine alliance that distributes vaccines to the world’s poorest countries. The company calls for $4 billion in sales in 2024 and for a return to growth in 2025. Analysts expect Moderna to bring in $4.22 billion in sales this year.

Morgan acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Piper Jaffray, Bryan, Garnier, Oddo BHF, Oppenheimer, Needham and Chardan were co-managers. Click the link below and we’ll send you MarketBeat’s guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Sign-up to receive the latest news and ratings for Moderna and its competitors with MarketBeat’s FREE daily newsletter. The RS Rating is a 1-99 measure of a stock’s 12-month performance. This means Moderna stock ranks in the bottom one-third of all stocks on that metric.

You want to look at, what are the factors that impact Moderna’s ability to continue growing earnings in the future? In particular, that means you’re going to watch out for the rise of the coronavirus variants and how those variants impact the potential for Moderna to sell more of its COVID-19 vaccine. The bottom line for investors here, in my view, is that you shouldn’t buy Moderna just because it’s being added to the S&P 500 Index, although that’s really good news for the company for sure.

Sales tumbled 64% in 2023, coming in at $6.85 billion. That beat expectations for $6.47 billion, according to FactSet. But Moderna turned in per-share losses of $12.33, reversing from a year-earlier gain of $20.12 a share. Now, shares are pulling back slightly as they form a cup-with-handle base, shows. The biotech stock remains above its key moving averages — a bullish point.

By 2028, the company expects to bring in an additional $10 billion to $15 billion in sales of products for oncology, rare and latent diseases. In 2027, the company expects respiratory vaccines to generate $8 billion to $15 billion in sales. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on, top-rated podcasts, and non-profit The Motley Fool Foundation. Investors are paying close attention to the bespoke cancer vaccine in partnership with Merck. The shot prompts an immune response against a patient’s own tumor cells.

Further, the companies are running a late-stage study in non-small cell lung cancer patients. Now, Moderna is looking ahead to its respiratory syncytial virus vaccine. The company expects to gain Food and Drug Administration approval in the first half of the year, vs. earlier guidance for April. Worries about waning effectiveness, though, have hammered Moderna stock. If approved, the vaccine will launch a year after Pfizer’s (PFE) and GSK’s (GSK) shots. Moderna’s fourth-quarter sales and earnings beat expectations, though tumbled a respective 45% and 85% year over year.

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