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Moderna, Inc. (MRNA)

Sous-évalué
HealthcareBiotechnologyUnited States

Fondamental

29

Prix

$191.65

Capitalisation boursière

$76.88B

Partie 1 · Ce que vaut l'entreprise

Vue d'ensemble

Moderna, Inc., a biotechnology company, provides messenger RNA medicines in the United States, Europe, and internationally. The company's respiratory vaccines include spikevax, mNEXSPIKE, mRESVIA, COVID, RSV, seasonal influenza, combination, and pandemic influenza vaccine; latent vaccines comprise cytomegalovirus, epstein-barr virus, and human immunodeficiency virus vaccines; enteric viruses include norovirus; public health vaccines consist of Zika, Nipah, and Mpox vaccines; and bacterial diseases vaccines, such as lyme vaccines. It also provides oncology therapeutics, such as intismeran autogene, cancer antigen therapy, t-cell engager, and cell therapy enhancer; and rare disease products, including propionic and methylmalonic acidemia, and cystic fibrosis. It has strategic alliances and collaborations with Merck & Co., Inc; Vertex Pharmaceuticals Incorporated; Vertex Pharmaceuticals (Europe) Limited; immatics N.V.; Defense Advanced Research Projects Agency; Biomedical Advanced Research and Development Authority; Institute for Life Changing Medicines; The Bill & Melinda Gates Foundation; and OpenAI. The company was formerly known as Moderna Therapeutics, Inc. and changed its name to Moderna, Inc. in August 2018. Moderna, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 19 septembre 2026 with claude-haiku-4-5 — shared with all users

P/E: 37.5Score: 72Market cap: $163.69B

Pfizer sells the main rival mRNA COVID-19 vaccine (Comirnaty) and the Abrysvo RSV vaccine, so it bids for the same government, pharmacy and payer contracts Moderna depends on.

P/E: —Score: 48Market cap: $24.93B

BioNTech co-developed and shares the revenue of the Comirnaty mRNA COVID-19 vaccine and is advancing its own mRNA cancer immunotherapies, the two arenas where Moderna's technology competes head-on.

GSK plcGSK

GSK's Arexvy leads the adult RSV vaccine market that Moderna's mResvia is trying to enter, and both compete for the same older-adult respiratory vaccination visits.

Sanofi S.A.SAN

Sanofi is the largest seller of seasonal influenza vaccines and is building combination respiratory shots, competing directly with Moderna's flu and flu/COVID combination programmes.

Novavax, Inc.NVAX

Novavax offers the protein-based alternative to Moderna's COVID-19 shot in the United States and Europe, targeting the same seasonal vaccination demand with a non-mRNA option.

Bilan & Liquidités

Chiffre d'affaires

$2.23B

12 derniers mois (au 30/06/2026)

Résultat net

$-3.15B

12 derniers mois (au 30/06/2026)

Flux de trésorerie libre

$-2.06B

Capitaux propres totaux

$8.65B

Passif total

$3.69B

Ratio de liquidité général

2.29

Couverture des intérêts

-

Dette/EBITDA

-

Bénéfice par action

Chiffre d'affaires & Résultat net

Flux de trésorerie libre

Décomposition du résultat

État historique

Marges dans le temps

La dette dans le temps

Le poids de la dette

Grille de la croissance

Croissance — Chiffre d'affaires

Estimation de la juste valeur

Cas généralSous-évalué

Juste valeur

$301.75

Prix actuel

$191.65

Marge de sécurité

+36.5%

Fourchette de juste valeur

$196.14 - $407.37

Écart entre les méthodes de valorisation utilisées, pas un intervalle de confiance calibré statistiquement.

Méthodes d'estimation

Objectif de cours des analystes:$119.56
Flux de trésorerie actualisés (DCF):$544.68
Multiple de résultat (P/E):Données insuffisantes pour le calculer
Formule de croissance de Graham:Données insuffisantes pour le calculer
Valeur de la capacité bénéficiaire (EPV):Données insuffisantes pour le calculer
P/B justifié:Données insuffisantes pour le calculer
Actualisation des dividendes (Gordon):Données insuffisantes pour le calculer
P/FFO, les fonds provenant de l'exploitation:Données insuffisantes pour le calculer
Bénéfices de milieu de cycle:Données insuffisantes pour le calculer
Multiple sur le chiffre d'affaires:$22.06
Consensus des analystes:Conserver (11B / 17H / 2S)
Dernière surprise sur les résultats:+7.28%

Indicateurs de valorisation

Ratio P/E

-

ROE

-32.6%

Ratio P/B

11.37

P/FCF

-

Marge brute

23.4%

ROIC

-31.1%

Radar de rentabilité

Création de valeur (avantage concurrentiel)

ROIC

-31.1%

WACC

10.8%

ROIC − WACC

-41.9 pp

Le ROIC est inférieur au coût du capital — l'entreprise détruit de la valeur pour chaque dollar investi.

Critères d'analyse fondamentale

Réussi (7)

  • Price CAGR 36.32%
  • Debt/Equity ratio
  • Current Ratio
  • Low reliance on intangibles
  • Revenue Growth 5Y 19.3%
  • Earnings Surprise avg 30.3%
  • Share Dilution 1.3%

Échoué (12)

  • EPS shows upward trend
  • ROIC -31.1%
  • Gross Margin 23.4%
  • P/B Ratio 11.37
  • Operating Margin -149.0%
  • Positive Free Cash Flow
  • Return on Tangible Assets
  • DCF valuation (Fairly valued)
  • ROE -39.2%
  • Analyst Consensus 37% Buy
  • Net Margin Trend -141.4% vs -94.3%
  • Piotroski F-Score 3/9

Indisponible (8)

  • P/FCF NaN
  • Dividend Payout NaN%
  • CapEx intensity
  • Interest Coverage
  • Debt/EBITDA
  • Price below Graham Number
  • PEG Ratio (need PE > 0 and growth > 0)
  • Earnings Quality (OCF/Net Income)

Score F de Piotroski

3/9

Préoccupations financières sérieuses

score
criteria

Qualité des bénéfices

-

Qualité faible : examiner la comptabilité

Dilution du capital

1.3%

Le nombre d'actions est stable

Participations institutionnelles

Gouvernance

Équipe dirigeante

NomTitreÂge
Mr. Stéphane Bancel M.B.A.CEO & Director52
Dr. Stephen Hoge M.D.President49
Mr. James M. MockChief Financial Officer48
Ms. Shannon Thyme Klinger J.D.Chief Legal Officer & Corporate Secretary54
Dr. Jerh Collins Ph.D.Chief Technical Operations & Quality Officer59
Ms. Lavina Talukdar CFASenior VP & Head of Investor Relations51
Chris RidleyVP & Global Head of Communications-
Ms. Tracey FranklinChief People & Digital Technology Officer45
Dr. Charbel Haber M.P.H., Ph.D.Senior VP & Head of Global Regulatory Science-
Mr. Patrick Norman BergstedtSenior Vice President of Commercial Vaccines63

Risque d'audit

7

Risque du conseil

7

Risque de rémunération

10

Risque droits des actionnaires

9

Partie 2 · Le prix et le moment d'entrer

Cette partie ne dit pas si l'entreprise vaut la peine : elle aide à choisir quand l'acheter, une fois que les fondamentaux vous ont convaincu. À l'intérieur : analyse technique, potentiel, baisses historiques, exposition gamma.

Documents

  • Rapport annuel (10-K)

    Un aperçu annuel de l'activité, des résultats financiers et des risques de l'entreprise.

    Déposé le 2026-02-20

    Voir le document
  • Rapport trimestriel (10-Q)

    Une mise à jour de la performance financière des trois derniers mois.

    Déposé le 2026-07-31

    Voir le document
  • Rapport d'événement important (8-K)

    Un avis concernant un événement important, comme un changement de direction ou une annonce majeure.

    Déposé le 2026-09-30

    Voir le document

via SEC EDGAR

Historique des résultats

via SEC EDGAR

Latest News

Recent headlines for MRNA, sourced from Markets Gazette.

  • 1d agoNEGATIVE
    Azioni Moderna -6% nel premarket: ecco perché

    Moderna shares tumbled nearly 6% in pre-market trading following a downgrade from Citi, which moved the biotech firm from 'Hold' to 'Sell'. Citi cited concerns that the recent valuation is difficult to justify, despite raising its price target to $80 from $60. The new target remains significantly below Tuesday's closing price of $203.46. This downgrade follows a near seven-fold increase in Moderna's stock this year, partly fueled by positive late-stage trial results for its personalized cancer vaccine candidate, intismeran autogene. Citi's revised assumptions on sales and operating expenses underpin the downgrade.

  • 10d agoPOSITIVE
    Moderna will reveal the data for its mRNA cancer vaccine next month. Here’s why it matters.

    Moderna is set to unveil data for its mRNA cancer vaccine next month, a development keenly awaited by analysts and medical professionals. The key focus will be on the efficacy of the personalized treatment, which aims to tailor vaccines to individual tumor mutations. Positive results could validate Moderna's platform beyond infectious diseases and open a significant new revenue stream. Investors will be scrutinizing the data for robust clinical outcomes and potential market penetration, which could significantly impact the company's valuation and future growth prospects in the oncology space.

  • 14d agoPOSITIVE
    Moderna +8%: il rally del vaccino anti-cancro può proseguire?

    Moderna Inc. shares surged 8% as investors reacted to positive Phase 3 trial results for its personalized mRNA cancer vaccine, intisemran autogene, developed with Merck. The treatment demonstrated a significant reduction in the risk of melanoma recurrence or death when combined with Merck's Keytruda, compared to Keytruda alone. This success has led to a strong reassessment of Moderna's future prospects, as the company aims to diversify beyond its COVID-19 vaccine business. The positive trial outcome and subsequent analyst upgrades are fueling investor optimism.

  • 8/31/2026POSITIVE
    23 best-performing stocks of August, as the software industry continues its recovery

    Moderna Inc. emerged as the top-performing stock in August, significantly outperforming other companies within the energy and technology sectors. This exceptional performance highlights a strong recovery trend within the software industry, with Moderna leading the charge. Investors are likely to view this as a positive indicator of the company's resilience and growth potential, potentially attracting further investment and driving up its market valuation. The broader tech sector's recovery also bodes well for related companies.

  • 8/27/2026NEUTRAL
    Moderna Taps Stock Surge With $2 Billion Note Offering

    Moderna Inc. is launching a $2 billion offering of convertible senior notes. These notes will be exchangeable into Moderna's common stock, providing a mechanism for future equity dilution. The company intends to use the proceeds to fuel its promising cancer vaccine pipeline and to manage existing debt obligations. While the investment in cancer vaccines signals a strategic focus on future growth, the issuance of debt convertible into equity introduces potential dilution for existing shareholders. Investors will monitor the success of the cancer vaccine development and the conversion rate of the notes.

  • 8/27/2026NEGATIVE
    Moderna Capitalizes on Stock Jump With $2 Billion Offering

    Moderna Inc. announced plans to raise $2 billion through a convertible note offering. The company intends to use the proceeds for strategic investments in its cancer vaccine pipeline and to manage existing debt obligations. While the capital infusion could support future growth initiatives, the offering of notes convertible into shares dilutes existing shareholders' equity. This move, often seen as a sign of needing capital or a belief that the stock price is high enough to justify conversion, typically puts downward pressure on the stock price in the short term.

via Markets Gazette