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Moderna (MRNA) Stock Forecast & Price Target

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$41.11 +2.86 (+7.48%)
(As of 11/22/2024 ET)

Moderna - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
3
Hold
13
Buy
6

Based on 22 Wall Street analysts who have issued ratings for Moderna in the last 12 months, the stock has a consensus rating of "Hold." Out of the 22 analysts, 3 have given a sell rating, 13 have given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for MRNA.

Consensus Price Target

$84.00
104.33% Upside
According to the 22 analysts' twelve-month price targets for Moderna, the average price target is $84.00. The highest price target for MRNA is $179.00, while the lowest price target for MRNA is $40.00. The average price target represents a forecasted upside of 104.33% from the current price of $41.11.
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MRNA Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
4 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
Hold
13 Hold rating(s)
14 Hold rating(s)
8 Hold rating(s)
9 Hold rating(s)
Sell
3 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$84.00$94.65$124.07$143.02
Forecasted Upside104.33% Upside79.26% Upside50.50% Upside82.14% Upside
Consensus Rating
Hold
Hold
Hold
Hold

MRNA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MRNA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Moderna Stock vs. The Competition

TypeModernaMedical CompaniesS&P 500
Consensus Rating Score
2.18
2.80
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside104.33% Upside26,881.24% Upside7.66% Upside
News Sentiment Rating
Neutral News

See Recent MRNA News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/19/2024Berenberg Bank
2 of 5 stars
H. Gillis
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Initiated CoverageHold$42.00+6.30%
11/18/2024Hsbc Global Res
0 of 5 stars
Y. Liu
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UpgradeHold ➝ Strong-Buy
11/18/2024Piper Sandler
2 of 5 stars
 Reiterated RatingOverweight ➝ Overweight$115.00 ➝ $69.00+76.83%
11/18/2024HSBC
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 UpgradeHold ➝ Buy$58.00+57.39%
11/15/2024Wolfe Research
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A. Hammond
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Initiated CoverageUnderperform$40.00+0.58%
11/8/2024Barclays
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 Lower TargetOverweight ➝ Overweight$125.00 ➝ $111.00+134.08%
11/8/2024Needham & Company LLC
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 Reiterated RatingHold
11/4/2024JPMorgan Chase & Co.
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 Lower TargetUnderweight ➝ Underweight$70.00 ➝ $59.00+8.66%
10/24/2024UBS Group
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 Lower TargetBuy ➝ Buy$140.00 ➝ $108.00+104.55%
10/17/2024Sanford C. Bernstein
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C. Breen
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Initiated CoverageMarket Perform$55.00-4.28%
10/15/2024Jefferies Financial Group
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 Lower TargetHold ➝ Hold$65.00 ➝ $55.00-4.75%
9/19/2024Royal Bank of Canada
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L. Issi
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Reiterated RatingSector Perform ➝ Sector Perform$75.00 ➝ $75.00+6.47%
9/17/2024Leerink Partners
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 Lower TargetUnderperform ➝ Underperform$60.00 ➝ $48.00-34.09%
9/16/2024The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$178.00 ➝ $139.00+101.19%
9/13/2024Bank of America
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 Lower TargetNeutral ➝ Neutral$130.00 ➝ $110.00+62.87%
9/13/2024TD Cowen
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 Lower TargetHold ➝ Hold$70.00 ➝ $60.00-9.92%
9/13/2024Oppenheimer
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 DowngradeOutperform ➝ Market Perform
8/7/2024Deutsche Bank Aktiengesellschaft
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 UpgradeSell ➝ Hold$85.00 ➝ $80.00-2.79%
6/27/2024William Blair
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 Reiterated RatingMarket Perform
6/27/2024Evercore ISI
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C. Kasimov
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Reiterated RatingIn-Line ➝ In-Line$120.00 ➝ $120.00-2.00%
5/3/2024Canaccord Genuity Group
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 Boost TargetHold ➝ Hold$91.00 ➝ $106.00-15.20%
9/13/2023Argus
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 Lower TargetBuy ➝ Buy$160.00 ➝ $140.00+26.96%
8/4/2023Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$128.00 ➝ $123.00+13.37%
6/26/202351job
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 Reiterated RatingUpgrade
4/25/2023Guggenheim
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 Initiated CoverageNeutral
2/24/2023SVB Securities
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 DowngradeMarket Perform ➝ Underperform$111.00 ➝ $93.00-36.98%
1/25/2023Cowen
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 Boost TargetMarket Perform$130.00 ➝ $150.00-23.76%
1/18/2023Chardan Capital
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Y. Livshits
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Boost TargetNeutral$191.00 ➝ $208.00+4.17%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:00 AM ET.


Should I Buy Moderna Stock? MRNA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 21, 2024. Please send any questions or comments about these Moderna pros and cons to contact@marketbeat.com.

Moderna
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Moderna, Inc.:

  • Moderna, Inc. has seen significant institutional investment, with Intrinsic Value Partners LLC increasing its holdings by 91.1% recently, indicating strong confidence from large investors.
  • The stock is currently trading at $42.75, which may present a buying opportunity for investors looking for potential growth as the market stabilizes.
  • Analysts have a consensus target price of $93.18, suggesting a potential upside from the current trading price, which could attract investors looking for value.
  • Moderna, Inc. has a solid financial position with a quick ratio of 3.92 and a current ratio of 4.39, indicating good short-term liquidity and the ability to cover its liabilities.
  • Recent upgrades from analysts, including a shift from "reduce" to "hold" ratings, reflect a more favorable outlook on the company's future performance.

Moderna
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Moderna, Inc. for these reasons:

  • Recent downgrades from major brokerages, including a reduction in target prices by JPMorgan Chase & Co. and Jefferies Financial Group, suggest a cautious outlook on the stock's performance.
  • Insider selling activity, with the CFO selling shares recently, may raise concerns about the company's future prospects and could indicate a lack of confidence from management.
  • With 75.33% of the stock owned by hedge funds and institutional investors, there may be less room for retail investors to influence the stock price, potentially leading to volatility.
  • The stock has a negative P/E ratio of -7.33, which can be a red flag for investors as it indicates that the company is currently not profitable.
  • Market sentiment has been bearish, with the stock trading down 8.7% recently, which could deter new investors from entering the market at this time.

MRNA Forecast - Frequently Asked Questions

According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for Moderna is $84.00, with a high forecast of $179.00 and a low forecast of $40.00.

22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Moderna in the last twelve months. There are currently 3 sell ratings, 13 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MRNA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRNA, but not buy additional shares or sell existing shares.

According to analysts, Moderna's stock has a predicted upside of 104.33% based on their 12-month stock forecasts.

Over the previous 90 days, Moderna's stock had 4 upgrades and 3 downgrades by analysts.

Analysts like Moderna less than other "medical" companies. The consensus rating for Moderna is Hold while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how MRNA compares to other companies.


This page (NASDAQ:MRNA) was last updated on 11/23/2024 by MarketBeat.com Staff
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