Seeing Is Believing
MRNA is currently covered by 20 analysts with an average price target of $50.26. This is a potential upside of $10.87 (27.6%) from yesterday's end of day stock price of $39.39.
Moderna's activity chart (see below) currently has 333 price targets and 301 ratings on display. The stock rating distribution of MRNA is 54.55% BUY, 33.77% HOLD and 11.69% SELL.
Analysts average stock forecasts to be materialized ratio is 81.88% with an average time for these price targets to be met of 106.54 days.
Highest price target for MRNA is $139, Lowest price target is $41, average price target is $50.26.
Most recent stock forecast was given by GEOFF MEACHAM from BAML on 10-Dec-2024. First documented stock forecast 02-Jan-2019.
A team of scientists, including Derrick Rossi and Noubar Afeyan, founded Moderna, a biotechnology company in 2010 with the main goal of developing new therapies and vaccines using mRNA technology. Moderna has become one of the most famous and successful biotech companies globally since its establishment. In this article, we’ll explore Moderna’s breakthroughs, products, and services, and assess its success so far.
Moderna made a breakthrough in 2017 when it developed a personalized cancer vaccine that uses mRNA to stimulate the immune system to attack cancer cells. The vaccine is currently in clinical trials and has shown promising results. Moderna has also made significant strides in developing mRNA therapeutics and vaccines for various diseases, including COVID-19, cancer, heart disease, and rare genetic disorders.
Moderna has developed vaccines for respiratory illnesses such as COVID-19, flu, respiratory syncytial virus, Endemic HCoV, and hMPV+PIV3. These vaccines work by utilising messenger RNA (mRNA) technology to instruct cells to produce proteins that trigger an immune response against the virus.
Moderna has also developed vaccines for latent viruses such as cytomegalovirus, epstein-barr virus, herpes simplex virus, varicella-zoster virus, and human immunodeficiency virus (HIV). These vaccines aim to prevent infections from viruses that can remain dormant in the body and reactivate later.
Moderna has developed vaccines for public health threats such as Zika and Nipah viruses. These vaccines utilise mRNA technology to trigger an immune response against the viruses.
Moderna is instructing cells to produce therapeutic proteins that can be secreted or expressed on the cell surface through a range of therapies that use mRNA technology. These therapies have the potential to treat a wide range of diseases, including rare genetic diseases and cancer.
Moderna is developing personalised cancer vaccines that target specific mutations in an individual’s cancer cells. The company is developing vaccines that target the KRAS protein, which cancer cells often mutate. Additionally, Moderna is working on checkpoint vaccines that aim to boost the immune system’s ability to attack cancer cells.
Moderna is developing therapies that can be injected directly into tumours to trigger an immune response against cancer cells.
Moderna is developing therapies that use mRNA technology to instruct cells to produce proteins that promote tissue regeneration. These therapies have the potential to treat a range of conditions, including heart disease.
Moderna is developing therapies that use mRNA technology to target cells within the body and instruct them to produce therapeutic proteins. These therapies have the potential to treat a range of diseases, including rare genetic diseases and cancer.
Moderna is developing therapies that can be inhaled to treat respiratory diseases such as cystic fibrosis. These therapies utilise mRNA technology to instruct cells in the lungs to produce therapeutic proteins.
Moderna’s cutting-edge mRNA technology has enabled the company to develop groundbreaking therapies and vaccines, leading to its success. The company’s revenue surged in recent years, driven by its COVID-19 vaccine, which has been authorized for emergency use in over 50 countries. In 2021, the company reported revenue of $19.2 billion, up from just $60 million in 2019. Sales of the COVID-19 vaccine generated the vast majority of this revenue.
Moderna’s robust pipeline of other mRNA therapeutics and vaccines in development also fueled its success. The company forged strategic alliances with medical names such as AstraZeneca PLC, Merck & Co., Vertex Pharmaceuticals Incorporated, and Carisma Therapeutics, among others, to further its impact on global health initiatives. Moderna’s partnerships include licences from Defense Advanced Research Projects Agency (DARPA), Biomedical Advanced Research Development Authority (BARDA) Institute for Life Changing Medicines, and even a partnership with The Bill & Melinda Gates Foundation.
Moderna’s COVID-19 vaccine played a crucial role in fighting the pandemic. The company used its mRNA technology to create a vaccine that is highly effective and has a good safety profile. Moderna’s vaccine was authorized for emergency use by the US FDA in December 2020 and has since been used to vaccinate millions of people worldwide.
In addition to its COVID-19 vaccine, Moderna is developing vaccines for other infectious diseases such as Zika and cytomegalovirus, as well as mRNA therapeutics for a variety of diseases, including cancer, heart disease, and rare genetic disorders.
Currently out of the existing stock ratings of MRNA, 42 are a BUY (54.55%), 26 are a HOLD (33.77%), 9 are a SELL (11.69%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Sell
$41
$-0.83 (-1.98%)
$110
10 days ago
(10-Dec-2024)
19/22 (86.36%)
$-3.02 (-6.86%)
173
5.67
Sell
$45
$3.17 (7.58%)
$59
24 days ago
(26-Nov-2024)
7/8 (87.5%)
$2.64 (6.23%)
45
4.72
Buy
$69
$27.17 (64.95%)
$115
1 months 2 days ago
(18-Nov-2024)
39/55 (70.91%)
$30.5 (79.22%)
77
8.77
Buy
$111
$69.17 (165.36%)
$125
1 months 12 days ago
(08-Nov-2024)
8/12 (66.67%)
$63.02 (131.35%)
74
5.81
Buy
$108
$66.17 (158.19%)
$151
1 months 26 days ago
(24-Oct-2024)
2/6 (33.33%)
$55.2 (104.55%)
106
3.58
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