Where Will Moderna Be in 5 Years?
In the early days of the COVID-19 pandemic, (NASDAQ: MRNA) was a top performer, from both a share-price and an earnings perspective. As one of the leading coronavirus vaccine companies, the biotech brought in billions of dollars in annual earnings and saw its stock price jump more than 2,300% from January 2020 through early August of 2021. But in recent years, its stock performance and earnings have disappointed investors.
With demand for COVID vaccination on the decline, Moderna hasn't been able to count on its vaccine for growth. On top of that, the company's second approved product -- a respiratory syncytial virus (RSV) vaccine -- brought in lower revenue than expected during its first quarters of commercialization.
Still, Moderna has a solid pipeline with many late-stage candidates, and some could soon reach the finish line. Where will Moderna be in five years? Let's find out.
Source Fool.com
Moderna Inc. Stock
Our community is currently high on Moderna Inc. with 20 Buy predictions and 9 Sell predictions.
With a target price of 99 € there is potential for a 287.48% increase which would mean more than doubling the current price of 25.55 € for Moderna Inc..
