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Moderna, Inc. (MRNA)

Sottovalutato
HealthcareBiotechnologyUnited States

Fondamentale

29

Prezzo

$192.57

Capitalizzazione

$76.88B

Parte 1 · Quanto vale l'azienda

Panoramica

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.

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Confronta

Generato il 19 settembre 2026 con claude-haiku-4-5 — condiviso con tutti gli utenti

P/E: 37.5Punteggio: 74Capitalizzazione: $163.69B

Pfizer vende il principale vaccino mRNA anti COVID-19 concorrente (Comirnaty) e il vaccino RSV Abrysvo: si contende quindi le stesse gare pubbliche, catene di farmacie e assicurazioni su cui punta Moderna.

P/E: —Punteggio: 49Capitalizzazione: $24.93B

BioNTech ha co-sviluppato e incassa i ricavi del vaccino mRNA Comirnaty e sta portando avanti immunoterapie oncologiche a mRNA: i due terreni su cui la tecnologia di Moderna si scontra direttamente.

GSK plcGSK

Arexvy di GSK guida il mercato dei vaccini RSV per adulti in cui Moderna prova a entrare con mResvia, e le due aziende si contendono le stesse vaccinazioni respiratorie degli over 60.

Sanofi S.A.SAN

Sanofi è il primo venditore al mondo di vaccini antinfluenzali stagionali e sta sviluppando vaccini respiratori combinati, in diretta concorrenza con i programmi antinfluenzali e combinati influenza/COVID di Moderna.

Novavax, Inc.NVAX

Novavax propone l'alternativa a base proteica al vaccino COVID-19 di Moderna in Stati Uniti ed Europa, rivolgendosi alla stessa domanda di vaccinazione stagionale con un'opzione non mRNA.

Stato Patrimoniale e Liquidità

Ricavi

$2.23B

Ultimi 12 mesi (al 30/06/2026)

Utile Netto

$-3.15B

Ultimi 12 mesi (al 30/06/2026)

Free Cash Flow

$-2.06B

Patrimonio Netto Totale

$8.65B

Passività Totali

$3.69B

Rapporto di Liquidità

2.29

Copertura Interessi

-

Debito/EBITDA

-

Utile per Azione

Ricavi e Utile Netto

Free Cash Flow

Scomposizione Ricavi

Prospetto storico

Margini nel tempo

Il debito nel tempo

Quanto pesa il debito

Griglia della crescita

Crescita — Ricavi

Stima del Fair Value

Caso generaleSottovalutato

Fair Value

$301.75

Prezzo Attuale

$192.57

Margine di Sicurezza

+36.2%

Range Fair Value

$196.14 - $407.37

Intervallo di dispersione tra i metodi di valutazione usati, non una stima statisticamente calibrata.

Metodi di Stima

Target degli analisti:$119.56
Flussi di cassa scontati (DCF):$544.68
Multiplo sugli utili (P/E):Dati insufficienti per calcolarlo
Formula di Graham:Dati insufficienti per calcolarlo
Valore della capacità di reddito (EPV):Dati insufficienti per calcolarlo
P/B giustificato:Dati insufficienti per calcolarlo
Sconto dei dividendi (Gordon):Dati insufficienti per calcolarlo
P/FFO, i fondi da operazioni:Dati insufficienti per calcolarlo
Utili di mezzo ciclo:Dati insufficienti per calcolarlo
Multiplo sui ricavi:$22.06
Consenso Analisti:Hold (11B / 17H / 2S)
Ultima Sorpresa Utili:+7.28%

Metriche di Valutazione

Rapporto P/E

-

ROE

-32.6%

Rapporto P/B

11.37

P/FCF

-

Margine Lordo

23.4%

ROIC

-31.1%

Radar Redditività

Creazione di Valore (Vantaggio Competitivo)

ROIC

-31.1%

WACC

10.8%

ROIC − WACC

-41.9 pp

Il ROIC è sotto il costo del capitale: l'azienda distrugge valore per ogni dollaro investito.

Criteri di Analisi Fondamentale

Superati (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%

Non superati (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

Non disponibili (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)

Piotroski F-Score

3/9

Preoccupazioni finanziarie serie

score
criteria

Qualità degli Utili

-

Bassa qualità: indagare la contabilità

Diluizione Azionaria

1.3%

Numero di azioni stabile

Partecipazioni istituzionali

Governance

Team Dirigenziale

NomeRuoloEtà
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

Rischio Audit

7

Rischio CdA

7

Rischio Compensi

10

Rischio Diritti Azionisti

9

Parte 2 · Il prezzo e il momento d'ingresso

Questa parte non serve a capire se l'azienda vale: serve a scegliere quando comprarla, dopo che i fondamentali ti hanno convinto. Dentro: analisi tecnica, potenziale, drawdown storici, esposizione gamma.

Documenti

  • Relazione annuale (10-K)

    Una panoramica annuale del business, dei risultati finanziari e dei rischi dell'azienda.

    Depositato il 2026-02-20

    Vedi documento
  • Relazione trimestrale (10-Q)

    Un aggiornamento sull'andamento finanziario degli ultimi tre mesi.

    Depositato il 2026-07-31

    Vedi documento
  • Comunicazione price-sensitive (8-K)

    Una comunicazione su un evento importante, come un cambio ai vertici o un grande annuncio.

    Depositato il 2026-09-30

    Vedi documento

via SEC EDGAR

Storico Ricavi

via SEC EDGAR

Ultime Notizie

Ultime notizie per MRNA, da Markets Gazette.

  • 23h 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