Where Will Moderna Be in 10 Years?
A lot can happen in 10 years, and that's good news for a struggling stock like (NASDAQ: MRNA). Once a stock market star generating billions of dollars in coronavirus vaccine revenue, Moderna in more recent times has faced declining demand for that product and therefore declining sales and stock performance. In fact, the shares have lost more than 90% since their peak back in 2021.
But before you give up on this biotech player, it's important to look at the reason behind today's troubles and consider the company's long-term potential. After all, you could pick up one share of Moderna for less than $30, making it easy to add a few to your portfolio.
Where will Moderna be in 10 years? Let's find out.
Source Fool.com
Moderna Inc. Stock
€25.74
-0.930%
Currently there is a rather positive sentiment for Moderna Inc. with 20 Buy predictions and 9 Sell predictions.
Based on the current price of 25.74 € the target price of 99 € shows a potential of 284.62% for Moderna Inc. which would more than double the current price.
