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MRNA US​

Moderna, Inc.(MRNA US)

$200.10-2.531.25%Ext:$201.34+1.240.62%(Market Closed · 00:00:05 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Moderna, Inc. — Company Profile

Moderna, Inc., a biotechnology firm, is dedicated to the discovery, development, and commercialization of messenger RNA (mRNA) based therapies and preventive medicines. Its extensive research and development efforts target a broad spectrum of medical needs, including infectious diseases, cancer immunology, rare conditions, cardiovascular ailments, and autoimmune disorders, with operations spanning the United States, Europe, and other global markets. The company's diverse product pipeline encompasses various vaccine candidates: those for respiratory illnesses like COVID-19, influenza, and respiratory syncytial virus (RSV); latent viral infections such as cytomegalovirus (CMV), Epstein-Barr virus (EBV), human immunodeficiency virus (HIV), herpes simplex virus (HSV), and varicella-zoster virus (VZV); and public health threats like Zika and Nipah. Additionally, Moderna is advancing systemic secreted and cell surface-targeted therapeutics, an array of cancer vaccines (including personalized, KRAS, and checkpoint varieties), intratumoral immuno-oncology products, localized regenerative treatments, systemic intracellular medicines, and inhaled pulmonary solutions. Moderna maintains strategic alliances with several prominent entities, including AstraZeneca PLC, Merck & Co., Inc., Vertex Pharmaceuticals Incorporated, Vertex Pharmaceuticals (Europe) Limited, Carisma Therapeutics, Inc., Metagenomi, Inc., the Defense Advanced Research Projects Agency (DARPA), the Biomedical Advanced Research and Development Authority (BARDA), the Institute for Life Changing Medicines, and The Bill & Melinda Gates Foundation. It also holds a collaboration and license agreement with Chiesi Farmaceutici S.P.A. Founded in 2010 as Moderna Therapeutics, Inc., the company officially became Moderna, Inc. in August 2018. Its corporate headquarters are located in Cambridge, Massachusetts.

Sector
Materials
Industry
Paper & Forest Products
Exchange
UQ
CEO
Stéphane Bancel
Headquarters
Cambridge, MA, US
IPO Date
Dec 7, 2018
Employees
4,700
Website
www.modernatx.com

Key Metrics

Price
$190.01
Market Cap
$75.39B
Revenue (TTM)
$389.00M
Net Income (TTM)
$-1343000000.00
EPS (TTM)
-3.40
P/E (TTM)
-23.60
P/B (TTM)
10.18
Dividend Yield
0.00%
ROE (TTM)
-18.13%
ROA (TTM)
-11.69%
Operating Margin
-3.57%
Beta
1.01

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Moderna, Inc., a biotechnology firm, is dedicated to the discovery, development, and commercialization of messenger RNA (mRNA) based therapies and preventive medicines. Its extensive research and development efforts target a broad spectrum of medical needs, including infectious diseases, cancer immunology, rare conditions, cardiovascular ailments, and autoimmune disorders, with operations spanning the United States, Europe, and other global markets. The company's diverse product pipeline encompasses various vaccine candidates: those for respiratory illnesses like COVID-19, influenza, and respiratory syncytial virus (RSV); latent viral infections such as cytomegalovirus (CMV), Epstein-Barr virus (EBV), human immunodeficiency virus (HIV), herpes simplex virus (HSV), and varicella-zoster virus (VZV); and public health threats like Zika and Nipah. Additionally, Moderna is advancing systemic secreted and cell surface-targeted therapeutics, an array of cancer vaccines (including personalized, KRAS, and checkpoint varieties), intratumoral immuno-oncology products, localized regenerative treatments, systemic intracellular medicines, and inhaled pulmonary solutions. Moderna maintains strategic alliances with several prominent entities, including AstraZeneca PLC, Merck & Co., Inc., Vertex Pharmaceuticals Incorporated, Vertex Pharmaceuticals (Europe) Limited, Carisma Therapeutics, Inc., Metagenomi, Inc., the Defense Advanced Research Projects Agency (DARPA), the Biomedical Advanced Research and Development Authority (BARDA), the Institute for Life Changing Medicines, and The Bill & Melinda Gates Foundation. It also holds a collaboration and license agreement with Chiesi Farmaceutici S.P.A. Founded in 2010 as Moderna Therapeutics, Inc., the company officially became Moderna, Inc. in August 2018. Its corporate headquarters are located in Cambridge, Massachusetts.

Website
www.modernatx.com
Location
Cambridge, MA, US
Phone617 714 6500
Employees4,700
CEOStéphane Bancel
Sector
Materials
Industry
Paper & Forest Products
IPO DateDec 7, 2018

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Latest Documents

SEC Filings(1.5K)

Expand
  • 4Hoge Stephen16 Oct
  • 144Hoge Stephen15 Oct
  • 144Hoge Stephen14 Oct
  • 4Mock James M7 Oct
  • 3Andres Juan5 Oct
  • 8-KModerna Adds Chief Operating Officer Role as Company Expands into Oncology30 Sep
  • 4Hoge Stephen16 Sep
  • 144Hoge Stephen15 Sep
  • 4Mock James M14 Sep
  • 144Hoge Stephen14 Sep
  • 144Mock James M10 Sep
  • 4Mock James M8 Sep
  • 4Klinger Shannon Thyme8 Sep
  • 4Klinger Shannon Thyme3 Sep
  • 4Mock James M3 Sep
  • 4Hoge Stephen3 Sep
  • 8-KModerna Announces Proposed Private Placement of $2.0 Billion of Convertible Senior Notes1 Sep
  • 144Klinger Shannon Thyme1 Sep
  • 4Hoge Stephen31 Aug
  • 4Klinger Shannon Thyme31 Aug

News

  • To the scientific world, Moderna's cancer vaccine's results proved that a highly personalized, immune-targeting medication can work. To investors, it didn't work well enough.23 Oct
  • The real test for Moderna's cancer vaccine isn't about beating Keytruda. It's keeping cancer from coming back in the long term.23 Oct
  • Moderna leaked data was positive, what's hurting MRNA stock then?23 Oct
  • MRNA Tanks as Positive Phase III Cancer Therapy Data Fails to Impress23 Oct
  • MRNA Plunges 20% in Two Days: Leak Shows Positive Cancer Vaccine Trial Results23 Oct
  • Doctors call Moderna, Merck's cancer vaccine data a major advancement — even as stocks fall23 Oct
  • Lost Money on Moderna, Inc. Stock? Glancy Prongay Wolke & Rotter LLP Investigates Possible Securities Fraud After 23.07% Share Price Drop23 Oct
  • Moderna's Cancer-Vaccine Leak Spurred Panic Selling as Wall Street Wanted a Cure23 Oct
  • Moderna's Stock Just Stumbled. Is It a Buy on the Dip?23 Oct
  • Moderna Sinks 4% After 18% Plunge as Melanoma Vaccine Selloff Extends; Merck and Pfizer Slip23 Oct
  • Stock Futures Tumble as Crude Climbs Back Above $10023 Oct
  • Did You Lose Money on Moderna, Inc. Stock? The Law Offices of Howard G.23 Oct
  • Moderna Stock Cools After Cancer Vaccine Data Leak23 Oct
  • Moderna Stock Slides Again Friday: What's Going On?23 Oct
  • Tempus AI: Moderna's New Cancer Vaccine Partner Is The Pick Of The AI Biotech Bunch23 Oct
  • Moderna Named a Top Employer by Science for Twelfth Consecutive Year23 Oct
  • Wall Street Breakfast Podcast: Moderna's Good News Goes Bad23 Oct
  • Moderna, Meta, SpaceX, AT&T, CoreWeave, Sandisk, and More Stocks That Explain Today's Market23 Oct
  • Moderna stock just crashed 21% in a day; Here's why23 Oct
  • Mizuho's Jared Holz: Moderna drop reflects high bar, not bad data22 Oct

Mentions in Filings

  • … biopharmaceutical company, where she was also a member of the board of directors. Prior to Akcea, Ms. Soteropoulos served as Senior Vice President and General Manager, Cardiometabolic Business and Strategic Alliances at <strong>Moderna</strong> Therapeutics Inc., and prior to Moderna, she served in various roles of increasing responsibility at Genzyme Corporation, including as Vice President and General Manager, Cardiovascular, Rare Diseases. Ms. Soteropoulos se …
    Rallybio CorpModerna, Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·15 Oct
  • … , since January 2023. From April 2019 to April 2022, Dr. Rachlin served as a Managing Director at Blackstone Life Sciences, a private investment platform. From June 2015 to March 2019, he served as Head of Strategy at <strong>Moderna, Inc.</strong>, a pharmaceutical and biotechnology company. He was a Principal at Bain Capital Ventures from September 2012 to May 2015, and began his career at McKinsey & Company, Inc. He holds an A.B. in Biochemistry and Japanese f …
    Iambic Therapeutics, Inc.Moderna, Inc.·424B4 - Prospectus filing (Rule 424(b)(4))·Q4 26·15 Oct
  • … biopharmaceutical company, where she was also a member of the board of directors. Prior to Akcea, Ms. Soteropoulos served as Senior Vice President and General Manager, Cardiometabolic Business and Strategic Alliances at <strong>Moderna</strong> Therapeutics Inc., and prior to Moderna, she served in various roles of increasing responsibility at Genzyme Corporation, including as Vice President and General Manager, Cardiovascular, Rare Diseases. Ms. Soteropoulos se …
    Rallybio CorpModerna, Inc.·S-4/A - Registration statement (business combination, amendment)·Q4 26·14 Oct
  • Eric Huang, PhD, has served as a member of our board of directors since November 2024. Dr. Huang has served as a partner at Delos Capital since April 2024. From May 2012 to April 2024, Dr. Huang worked for <strong>Moderna</strong> Inc. serving as the founding Chief Science Officer of Moderna’s New Ventures Labs and Autoimmune Therapeutic Area, and most recently General Manager and Chief Scientific Officer of Moderna Genomics. Dr. Huang also serves as a director o …
    TRex Bio, Inc.Moderna, Inc.·424B4 - Prospectus filing (Rule 424(b)(4))·Q4 26·9 Oct
  • … gational Phase 3 clinical trials are being conducted by Immunocore and Iovance for the treatment of advanced melanoma. Furthermore, several companies are conducting clinical trials for other stages of melanoma, including <strong>Moderna</strong> and Merck who announced positive results in August 2026 from a Phase 3 clinical trial using intismeran, an mRNA vaccine, for patients with melanoma in the adjuvant setting. Although therapies in earlier stage melanoma set …
    Scancell Holdings plcModerna, Inc.·F-4 - Registration statement (business combination, foreign issuer)·Q2 27·9 Oct
  • … , since January 2023. From April 2019 to April 2022, Dr. Rachlin served as a Managing Director at Blackstone Life Sciences, a private investment platform. From June 2015 to March 2019, he served as Head of Strategy at <strong>Moderna, Inc.</strong>, a pharmaceutical and biotechnology company. He was a Principal at Bain Capital Ventures from September 2012 to May 2015, and began his career at McKinsey & Company, Inc. He holds an A.B. in Biochemistry and Japanese f …
    Iambic Therapeutics, Inc.Moderna, Inc.·S-1/A - Registration statement (general form, amendment)·Q4 26·8 Oct

Key Stats

Trading

Px/Chg 1D$190.01 / +0.57%
Avg Volume7.73M
Beta1.01
Mkt Cap75.39B
FD Mkt Cap56.23B

Float

Shrs Out/Float396.79M / 372.35M
Short Float0.14%
Days to Cover4.61
Stock Repurchased$0.00

Current Valuation

EV74.78B
EV/EBITDA-25.92
EV/Sales33.61
P/B10.18
P/S33.88
FCF Yield-0.92%
ROE-18.13%
ROA-11.69%
Current Ratio2.41

Estimates

P/E-23.60
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-16.786.13-9.03-3.08-21.80-56.14
Price / Sales46.552.726.223.4326.56193.81
Price / Book Value3.802.683.071.012.0810.18
Price / Free Cash Flow-18.3711.19-11.13-2.7019.75-108.95
ENTERPRISE VALUE METRICS
Enterprise Value38,415.249,270.240,913.79,779.417,329.574,783.3
Enterprise Value / Sales45.892.615.973.0625.56192.25
Enterprise Value / EBITDA-18.685.04-12.46-2.88-23.67-59.45
Enterprise Value / EBIT-17.295.23-10.48-2.73-21.69-56.78

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-42.5%17,736.018,875.06,848.03,199.01,944.0
Gross Income-48.3%15,119.013,459.02,155.01,735.01,076.0
EBITDA—13,528.09,768.0-3,283.0-3,394.0-2,553.0
EBIT—13,296.09,420.0-3,904.0-3,583.0-2,768.0
Net Income—12,202.08,362.0-4,714.0-3,561.0-2,822.0
EPS (Diluted)—28.2920.10-12.34-9.27-7.26
BALANCE SHEET
Cash & ST Inv-14.3%10,727.09,902.08,604.07,025.05,799.0
Total Assets-15.9%24,669.025,858.018,426.014,142.012,338.0
Total Liabilities-23.1%10,524.06,735.04,572.03,241.03,688.0
Total Shareholder Equity-11.6%14,145.019,123.013,854.010,901.08,650.0
CASH FLOW
Net Operating Cash Flow—13,620.04,981.0-3,118.0-3,004.0-1,873.0
Cap Ex-9.3%-284.0-400.0-707.0-1,051.0-192.0
Free Cash Flow—13,336.04,581.0-3,825.0-4,055.0-2,065.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)198.36
Basic Shares396.79
Market Cap78,706.5
Diluted Shares395.00
Fully Diluted Shares Outstanding395.00
Fully Diluted Market Cap78,352.2
+Consolidated Debt1,298.0
−In-the-Money Convertible Debt—
+Capital Leases658.0
+Operating Leases—
−Cash & Equivalents-1,908.0
−Short-term Investments-3,297.0
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value78,096.5

Segment data

Revenue

by Products and services

  • Covid93%
  • Stand-ready Manufacturing Revenue4%
  • Grant Revenue1%
  • Collaboration Revenue1%
  • Licensing And Royalty Revenue1%

Revenue

by Geography

  • United States65%
  • Rest Of The World33%
  • Europe3%

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