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To own Moderna today, you need to believe its mRNA platform can move from a concentrated, loss-making COVID business to a broader portfolio of approved, recurring products. The FDA’s green light for mFlusiva looks like the key near term catalyst, while the main risk remains whether new vaccines can offset revenue volatility and ongoing losses; the early stage Bundibugyo Ebola trial is scientifically interesting but not yet material to that near term equation.
Among recent developments, mFlusiva’s FDA approval stands out because it directly tests the core catalyst that many investors are watching: whether Moderna can turn its respiratory vaccine pipeline into meaningful, non COVID revenue. Bearish analysts, who were previously assuming only about US$2.5 billion in revenue by 2029, may revisit those expectations as real world flu uptake, pricing, and public attitudes toward mRNA become clearer.
Yet behind the excitement around mFlusiva, investors should be aware that concerns about vaccine pricing pressure and mRNA skepticism could still...
Read the full narrative on Moderna (it's free!)
Moderna’s narrative projects $3.7 billion revenue and $695.7 million earnings by 2029.
Uncover how Moderna's forecasts yield a $44.25 fair value, a 31% downside to its current price.
Some of the lowest ranked analysts take a far more cautious view than the consensus, assuming only about 3.5 percent annual revenue growth to roughly US$2.5 billion and continued losses, while worrying that pricing pressure and mRNA skepticism could limit how much impact approvals like mFlusiva and the Ebola program ultimately have on Moderna’s bottom line.
Explore 6 other fair value estimates on Moderna - why the stock might be worth less than half the current price!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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