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Moderna (MRNA) Stock Forecast & Price Target

$64.54
-2.29 (-3.43%)
(As of 02:48 PM 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
2
Hold
13
Buy
4

Based on 19 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 19 analysts, 2 have given a sell rating, 13 have given a hold rating, and 4 have given a buy rating for MRNA.

Consensus Price Target

$100.44
57.20% Upside
According to the 19 analysts' twelve-month price targets for Moderna, the average price target is $100.44. The highest price target for MRNA is $179.00, while the lowest price target for MRNA is $48.00. The average price target represents a forecasted upside of 57.20% from the current price of $64.54.
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MRNA Analyst Ratings Over Time

TypeCurrent Forecast
10/2/23 to 10/1/24
1 Month Ago
9/2/23 to 9/1/24
3 Months Ago
7/4/23 to 7/3/24
1 Year Ago
10/2/22 to 10/2/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
Hold
13 Hold rating(s)
10 Hold rating(s)
9 Hold rating(s)
9 Hold rating(s)
Sell
2 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$100.44$123.79$134.02$155.52
Forecasted Upside57.20% Upside59.93% Upside15.58% Upside50.53% 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
2.11
2.78
2.50
Consensus RatingHoldModerate BuyHold
Predicted Upside57.20% Upside810.58% Upside6.55% Upside
News Sentiment Rating
Neutral News

See Recent MRNA News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/19/2024Royal Bank of Canada
4 of 5 stars
L. Issi
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Reiterated RatingSector Perform ➝ Sector Perform$75.00 ➝ $75.00+6.47%
9/17/2024Leerink Partners
1 of 5 stars
 Lower TargetUnderperform ➝ Underperform$60.00 ➝ $48.00-34.09%
9/16/2024The Goldman Sachs Group
2 of 5 stars
 Lower TargetBuy ➝ Buy$178.00 ➝ $139.00+101.19%
9/16/2024Barclays
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 Lower TargetOverweight ➝ Overweight$155.00 ➝ $125.00+80.06%
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%
9/13/2024Needham & Company LLC
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 Reiterated RatingHold
9/13/2024Piper Sandler
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 Lower TargetOverweight ➝ Overweight$157.00 ➝ $115.00+65.04%
9/13/2024Jefferies Financial Group
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 DowngradeBuy ➝ Hold$120.00 ➝ $65.00-6.72%
9/13/2024JPMorgan Chase & Co.
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 DowngradeNeutral ➝ Underweight$88.00 ➝ $70.00+0.46%
9/13/2024Oppenheimer
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 DowngradeOutperform ➝ Market Perform
8/28/2024Hsbc Global Res
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Y. Liu
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UpgradeModerate Sell ➝ Hold
8/28/2024HSBC
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 UpgradeReduce ➝ Hold$82.00+3.82%
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%
5/7/2024UBS Group
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 Boost TargetBuy ➝ Buy$143.00 ➝ $151.00+26.77%
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%
10/20/2022Cowen
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 Lower Target$165.00 ➝ $145.00+18.07%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 03:19 PM 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 Tuesday, September 24, 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's stock price is currently at $65.69, potentially offering a good entry point for investors looking to buy low.
  • Moderna has been actively involved in developing innovative mRNA-based vaccines, positioning itself as a key player in the biotech industry.
  • Recent analyst reports have highlighted Moderna's potential for growth, with some maintaining buy ratings on the stock.
  • Moderna's strong financial position, with a market capitalization of $25.18 billion, indicates stability and growth potential.
  • Moderna's ongoing research and development efforts in various therapeutic areas demonstrate a commitment to long-term success.

Moderna
Bear Case

red Wall Street bear icon

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

  • Recent price performance showing a decline in Moderna's stock price, indicating potential volatility and risk for investors.
  • Analyst downgrades and lowered price targets on Moderna's stock may signal concerns about future performance and market sentiment.
  • Increased competition in the biotech sector could impact Moderna's market share and profitability in the long run.
  • Moderna's negative price-to-earnings ratio of -4.19 may raise concerns about the company's profitability and valuation.
  • Regulatory challenges and uncertainties surrounding vaccine approvals and market acceptance could affect Moderna's revenue streams.

MRNA Forecast - Frequently Asked Questions

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Moderna is $100.44, with a high forecast of $179.00 and a low forecast of $48.00.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Moderna in the last year. There are currently 2 sell ratings, 13 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 55.62% based on their 12-month stock forecasts.

Over the previous 90 days, Moderna's stock had 4 downgrades and 3 upgrades 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 10/1/2024 by MarketBeat.com Staff
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