Moderna (MRNA) Stock Forecast, Price Target & Predictions


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MRNA Stock Forecast


Moderna stock forecast is as follows: an average price target of $161.85 (represents a 122.02% upside from MRNA’s last price of $72.90) and a rating consensus of 'Buy', based on 25 wall street analysts offering a 1-year stock forecast.

MRNA Price Target


The average price target for Moderna (MRNA) is $161.85 based on 1-year price targets from 25 Wall Street analysts in the past 3 months, with a price target range of $310.00 to $80.00. This represents a potential 122.02% upside from MRNA's last price of $72.90.

MRNA Analyst Ratings


Buy

According to 25 Wall Street analysts, Moderna's rating consensus is 'Buy'. The analyst rating breakdown for MRNA stock is 0 'Strong Buy' (0.00%), 12 'Buy' (48.00%), 12 'Hold' (48.00%), 1 'Sell' (4.00%), and 0 'Strong Sell' (0.00%).

Moderna Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 28, 2024Peter ArmentRobert W. Baird$220.00$78.52180.18%201.78%
Aug 28, 2024Yifeng LiuHSBC$82.00$78.983.82%12.48%
Aug 06, 2024Emmanuel PapadakisDeutsche Bank$80.00$82.30-2.79%9.74%
Aug 05, 2024Luca IssiRBC Capital$90.00$86.583.95%23.46%
Aug 02, 2024Edward TenthoffPiper Sandler$157.00$90.0374.38%115.36%
Jun 12, 2024Hartaj SinghOppenheimer$179.00$148.3920.63%145.54%
Jun 10, 2024Leah Rush CannLoop Capital Markets$310.00$147.47110.21%325.24%
Jun 07, 2024Michael YeeJefferies$180.00$152.0318.40%146.91%
May 31, 2024Luca IssiRBC Capital$160.00$141.8312.81%119.48%
May 13, 2024Cory KasimovEvercore ISI$120.00$125.67-4.51%64.61%
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The latest Moderna stock forecast, released on Aug 28, 2024 by Peter Arment from Robert W. Baird, set a price target of $220.00, which represents a 180.18% increase from the stock price at the time of the forecast ($78.52), and a 201.78% increase from MRNA last price ($72.90).

Moderna Price Target by Period


1M3M12M
# Anlaysts2823
Avg Price Target$151.00$162.25$137.91
Last Closing Price$72.90$72.90$72.90
Upside/Downside107.13%122.57%89.18%

In the current month, the average price target of Moderna stock is $151.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 107.13% increase as opposed to Moderna's last price of $72.90. This month's average price target is down -6.93% compared to last quarter, and up 9.49% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 28, 2024HSBCReduceHoldUpgrade
Aug 23, 2024Piper SandlerOverweightOverweightHold
Aug 23, 2024Brookline CapitalBuyBuyHold
Aug 15, 2024Sandler O'NeillSector PerformSector PerformHold
Aug 06, 2024Deutsche BankSellHoldUpgrade
Aug 05, 2024RBC CapitalUnderperformSector PerformDowngrade
Aug 02, 2024GuggenheimNeutralNeutralHold
Aug 02, 2024Piper SandlerOverweightOverweightHold
Jun 27, 2024RBC CapitalUnderperformUnderperformHold
Jun 27, 2024UBSBuyBuyHold
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Moderna's last stock rating was published by HSBC on Aug 28, 2024. The company Upgrade its MRNA rating from "Reduce" to "Hold".

Moderna Financial Forecast


Moderna Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$1.83B$344.00M$1.86B$5.08B$3.22B-$5.94B$7.21B$4.97B$4.35B$1.94B$570.75M$157.91M$66.35M$8.39M$14.05M$17.05M
Avg Forecast$2.94B$2.78B$293.30M$346.80M$1.66B$1.44B$302.31M$323.13M$1.65B$1.30B$128.41M$93.26M$2.51B$1.38B$307.67M$1.18B$5.02B$3.53B$4.10B$4.20B$6.80B$6.08B$4.21B$2.05B$279.41M$80.60M$27.51M$17.60M$17.37M$17.64M
High Forecast$3.49B$3.30B$347.96M$411.43M$1.97B$1.71B$358.65M$383.36M$1.96B$1.54B$152.34M$110.64M$2.91B$1.92B$365.01M$1.40B$5.95B$4.18B$4.10B$16.55B$26.76B$23.93B$16.57B$8.07B$1.10B$317.35M$108.32M$69.30M$68.40M$69.46M
Low Forecast$1.96B$1.86B$195.89M$231.62M$1.11B$964.96M$201.91M$215.82M$1.10B$862.27M$85.76M$62.29M$2.21B$509.40M$205.49M$786.84M$3.35B$2.36B$4.10B$435.29M$703.87M$629.28M$435.66M$212.26M$28.93M$8.35M$2.85M$1.82M$1.80M$1.83M
# Analysts9999555561269101366555561211101098765
Surprise %-------------1.32%1.12%1.58%1.01%0.91%-1.41%1.06%0.82%1.03%0.94%2.04%1.96%2.41%0.48%0.81%0.97%

Moderna's average Quarter revenue forecast for Dec 23 based on 10 analysts is $2.51B, with a low forecast of $2.21B, and a high forecast of $2.91B. MRNA's average Quarter revenue forecast represents a 37.14% increase compared to the company's last Quarter revenue of $1.83B (Sep 23).

Moderna EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561269101366555561211101098765
EBITDA-------------$-2.01B$-1.87B$-288.00M$1.58B$1.34B-$4.32B$5.49B$3.63B$3.14B$1.28B$-259.80M$-221.44M$-107.09M$-115.05M$-112.35M$-114.56M
Avg Forecast$-716.14M$-678.75M$-71.49M$-84.53M$-405.49M$-352.15M$-73.68M$-78.76M$-402.30M$-316.92M$-31.30M$-22.73M$-612.04M$-337.45M$-74.99M$-287.14M$-1.22B$-859.55M$-998.59M$3.69B$4.72B$4.14B$2.90B$1.04B$-197.06M$-139.04M$-119.33M$-115.05M$-125.73M$-130.55M
High Forecast$-478.30M$-453.33M$-47.75M$-56.45M$-270.82M$-235.19M$-49.21M$-52.60M$-268.69M$-210.17M$-20.90M$-15.18M$-538.60M$-124.16M$-50.08M$-191.78M$-816.76M$-574.08M$-998.59M$4.43B$5.67B$4.96B$3.48B$1.24B$-157.65M$-111.23M$-95.46M$-92.04M$-100.58M$-104.44M
Low Forecast$-849.61M$-805.25M$-84.81M$-100.28M$-481.07M$-417.77M$-87.42M$-93.44M$-477.28M$-374.32M$-37.13M$-26.97M$-709.97M$-468.65M$-88.96M$-340.66M$-1.45B$-1.02B$-998.59M$2.95B$3.78B$3.31B$2.32B$829.90M$-236.47M$-166.85M$-143.20M$-138.06M$-150.87M$-156.66M
Surprise %-------------5.96%24.90%1.00%-1.29%-1.56%-1.17%1.16%0.88%1.08%1.23%1.32%1.59%0.90%1.00%0.89%0.88%

6 analysts predict MRNA's average Quarter EBITDA for Mar 23 to be $-287.14M, with a high of $-191.78M and a low of $-340.66M. This is -118.17% lower than Moderna's previous annual EBITDA (Dec 22) of $1.58B.

Moderna Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561269101366555561211101098765
Net Income-------------$-3.63B$-1.38B$79.00M$1.47B$1.04B-$3.66B$4.87B$3.33B$2.78B$1.22B$-272.49M$-233.64M$-116.71M$-124.23M$-123.12M$-123.19M
Avg Forecast$280.28M$236.51M$-1.15B$-1.11B$-375.51M$-458.20M$-1.16B$-1.13B$-470.88M$-628.41M$-1.29B$3.79B$-378.92M$-742.00M$-1.51B$3.44B$1.77B$3.55B$1.75B$3.13B$4.18B$3.80B$2.57B$991.10M$-206.68M$-146.70M$-130.05M$-124.23M$-137.77M$-140.38M
High Forecast$348.19M$293.81M$-654.91M$-633.44M$-213.38M$-260.38M$-656.64M$-639.99M$-267.58M$-366.57M$-730.62M$4.55B$1.56B$-257.01M$-858.59M$4.13B$2.19B$4.27B$1.75B$3.76B$5.02B$4.56B$3.09B$1.19B$-165.34M$-117.36M$-104.04M$-99.38M$-110.22M$-112.31M
Low Forecast$159.27M$134.40M$-1.43B$-1.38B$-466.48M$-569.22M$-1.44B$-1.40B$-584.97M$-905.21M$-1.60B$3.03B$-1.32B$-1.43B$-1.88B$2.75B$1.00B$2.84B$1.75B$2.50B$3.35B$3.04B$2.06B$792.88M$-248.02M$-176.04M$-156.06M$-149.08M$-165.33M$-168.46M
Surprise %-------------4.89%0.91%0.02%0.83%0.29%-1.17%1.16%0.88%1.08%1.23%1.32%1.59%0.90%1.00%0.89%0.88%

Moderna's average Quarter net income forecast for Jun 23 is $-1.51B, with a range of $-1.88B to $-858.59M. MRNA's average Quarter net income forecast represents a -2012.56% decrease compared to the company's last Quarter net income of $79.00M (Mar 23).

Moderna SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561269101366555561211101098765
SG&A-------------$442.00M$332.00M$305.00M$375.00M$278.00M-$268.00M$201.00M$168.00M$121.00M$77.00M$78.99M$48.54M$36.62M$24.11M$25.63M$28.19M
Avg Forecast$1.93B$1.83B$192.87M$228.06M$1.09B$950.09M$198.80M$212.49M$1.09B$855.06M$84.44M$61.33M$1.65B$910.43M$202.32M$252.33M$3.30B$179.17M$2.69B$229.39M$172.78M$191.63M$111.94M$62.50M$59.91M$30.48M$18.09M$11.57M$11.42M$11.60M
High Forecast$2.29B$2.17B$228.82M$270.56M$1.30B$1.13B$235.85M$252.09M$1.29B$1.01B$100.18M$72.76M$1.92B$1.26B$240.03M$302.80M$3.91B$215.00M$2.69B$275.27M$207.33M$229.95M$134.33M$75.00M$71.90M$36.58M$71.23M$45.57M$44.98M$45.68M
Low Forecast$1.29B$1.22B$128.82M$152.32M$730.69M$634.55M$132.78M$141.92M$724.93M$567.03M$56.40M$40.96M$1.45B$334.98M$135.13M$201.87M$2.20B$143.34M$2.69B$183.52M$138.22M$153.30M$89.55M$50.00M$47.93M$24.38M$1.87M$1.20M$1.18M$1.20M
Surprise %-------------0.49%1.64%1.21%0.11%1.55%-1.17%1.16%0.88%1.08%1.23%1.32%1.59%2.02%2.08%2.24%2.43%

Moderna's average Quarter SG&A projection for Dec 23 is $1.65B, based on 10 Wall Street analysts, with a range of $1.45B to $1.92B. The forecast indicates a 273.60% rise compared to MRNA last annual SG&A of $442.00M (Sep 23).

Moderna EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561269101366555561211101098765
EPS-------------$-9.53$-3.62$0.20$3.81$2.67-$9.09$12.02$8.27$6.93$3.05$-0.69$-0.59$-0.31$-0.35$-0.37$-0.37
Avg Forecast$0.73$0.62$-3.00$-2.90$-0.98$-1.19$-3.01$-2.93$-1.23$-1.64$-3.35$-3.56$-0.99$-1.93$-3.93$-1.75$4.60$3.30$4.58$5.37$9.96$8.97$5.96$2.43$-0.34$-0.38$-0.35$-0.35$-0.42$-0.44
High Forecast$0.91$0.77$-1.71$-1.65$-0.56$-0.68$-1.71$-1.67$-0.70$-0.95$-1.90$-2.02$4.07$-0.67$-2.24$-0.99$5.72$4.10$4.58$25.89$48.00$43.23$28.69$11.72$0.06$0.06$0.06$0.06$0.07$0.07
Low Forecast$0.41$0.35$-3.73$-3.61$-1.21$-1.48$-3.74$-3.64$-1.52$-2.36$-4.16$-4.42$-3.44$-3.72$-4.89$-2.17$2.61$1.87$4.58$-0.89$-1.65$-1.48$-0.98$-0.40$-1.65$-1.82$-1.70$-1.71$-2.02$-2.11
Surprise %-------------4.93%0.92%-0.11%0.83%0.81%-1.69%1.21%0.92%1.16%1.25%2.01%1.56%0.88%0.99%0.88%0.85%

According to 6 Wall Street analysts, Moderna's projected average Quarter EPS for Jun 23 is $-3.93, with a low estimate of $-4.89 and a high estimate of $-2.24. This represents a -2067.34% decrease compared to MRNA previous annual EPS of $0.20 (Mar 23).

Moderna Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HEPAHepion Pharmaceuticals$0.72$70.009622.22%Buy
ELEVElevation Oncology$0.63$9.001328.57%Buy
CVACCureVac$2.74$29.00958.39%Buy
NVAXNovavax$11.63$74.67542.05%Buy
NTLAIntellia Therapeutics$19.72$119.16504.26%Buy
EDITEditas Medicine$3.59$17.00373.54%Buy
BEAMBeam Therapeutics$23.31$63.00170.27%Buy
MRNAModerna$72.89$161.85122.05%Buy
DNAGinkgo Bioworks$5.65$7.3429.91%Buy
KRYSKrystal Biotech$184.19$187.001.53%Buy
VRTXVertex Pharmaceuticals$468.00$381.05-18.58%Buy

MRNA Forecast FAQ


Yes, according to 25 Wall Street analysts, Moderna (MRNA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 48.00% of MRNA's total ratings.

Moderna (MRNA) average price target is $161.85 with a range of $80 to $310, implying a 122.02% from its last price of $72.9. The data is based on 25 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for MRNA stock, the company can go up by 122.02% (from the last price of $72.9 to the average price target of $161.85), up by 325.24% based on the highest stock price target, and up by 9.74% based on the lowest stock price target.

MRNA's average twelve months analyst stock price target of $161.85 supports the claim that Moderna can reach $110 in the near future.

2 Wall Street analysts forecast a $151 price target for Moderna (MRNA) this month, up 107.13% from its last price of $72.9. Compared to the last 3 and 12 months, the average price target increased by 122.57% and increased by 89.18%, respectively.

Moderna's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.73B (high $4.43B, low $2.49B), average EBITDA is $-910M (high $-608M, low $-1.08B), average net income is $-3.115B (high $-1.77B, low $-3.87B), average SG&A $2.46B (high $2.91B, low $1.64B), and average EPS is $-8.113 (high $-4.61, low $-10.079). MRNA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.36B (high $7.55B, low $4.25B), average EBITDA is $-1.551B (high $-1.036B, low $-1.84B), average net income is $-1.75B (high $-646M, low $-2.523B), average SG&A $4.18B (high $4.96B, low $2.79B), and average EPS is $-4.558 (high $-1.683, low $-6.57).

Based on Moderna's last annual report (Dec 2022), the company's revenue was $19.26B, beating the average analysts forecast of $16.84B by 14.36%. Apple's EBITDA was $9.77B, beating the average prediction of $611.53M by 1497.30%. The company's net income was $8.36B, missing the average estimation of $10.2B by -18.04%. Apple's SG&A was $1.13B, missing the average forecast of $6.4B by -82.32%. Lastly, the company's EPS was $21.26, beating the average prediction of $17.86 by 19.07%. In terms of the last quarterly report (Sep 2023), Moderna's revenue was $1.83B, beating the average analysts' forecast of $1.38B by 32.25%. The company's EBITDA was $-2.012B, beating the average prediction of $-337M by 496.24%. Moderna's net income was $-3.63B, beating the average estimation of $-742M by 389.22%. The company's SG&A was $442M, missing the average forecast of $910.43M by -51.45%. Lastly, the company's EPS was $-9.53, beating the average prediction of $-1.932 by 393.19%