MRNA

MRNA

Moderna, Inc.

Company Information

SectorHealthcare
IndustryBiotechnology
Market Cap$101.48B
Analysts Rating3.0/5

Recommendation Details

PortfolioMegacap
DateNov 12, 2026
ForecastQ Daily Probabilities
61.0%
71.0%
68.9%

Company Description

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.

Recent News & Events

Q3 beat with raised 2026 revenue growth guidance (15-25%) and improved cash outlook, plus intismeran melanoma data and mFLUSIVA approval, skew near-term sentiment positive; watch ASH abstract (Dec 12) and pivotal propionic acidemia data as next catalysts.

POSITIVENov 6, 2026
Earnings Report

Q3 2026 revenue beat and raised full-year guidance

Moderna reported Q3 2026 revenue of $1.3B (+29% YoY), beating the ~$885M consensus by ~48%, with GAAP net income of $162M and diluted EPS of $0.38 versus a year-ago loss. It raised 2026 revenue growth guidance to 15%-25% from up to 10%, cut R&D expense outlook to ~$2.7B, and lifted year-end cash guidance to $8.1-$8.3B. The beat-and-raise is a clear positive near-term catalyst, with shares reportedly jumping on the print.

Reuters (via Yahoo Finance)
POSITIVENov 6, 2026
Clinical Data / Oncology Readout

Intismeran melanoma Phase 3 data shows 42% risk reduction

Moderna and Merck presented positive Phase 3 INTerpath-001 results at ESMO 2026, with intismeran autogene plus KEYTRUDA cutting melanoma recurrence/death risk by 42% (HR=0.58) versus KEYTRUDA alone. The companies are preparing regulatory submissions toward a potential 2027 launch. Continued validation of the personalized cancer vaccine is a key long-term growth driver and supports positive sentiment around the pipeline.

Moderna Press Release (SEC Filing)
POSITIVENov 6, 2026
Product Approval

FDA approval of mFLUSIVA mRNA flu vaccine

The FDA approved mFLUSIVA, Moderna's mRNA-based seasonal influenza vaccine, for adults 50-64 and accelerated approval for 65+, its fifth approved product globally; Canada approval also received. A limited US launch is planned for the 2026-27 season due to late approval timing, so near-term revenue impact is modest but it broadens the commercial portfolio.

Moderna Press Release (SEC Filing)
NEGATIVENov 6, 2026
Pipeline Setback

Norovirus vaccine program paused after Phase 3 interim miss

Following a Phase 3 interim analysis that did not meet statistical criteria for early success, Moderna does not plan to initiate an additional cohort this season and will engage health authorities on the program's path forward. The setback removes a near-term pipeline catalyst and is a modest negative offset to the otherwise strong quarter.

Moderna Press Release (SEC Filing)
NEUTRALNov 6, 2026
Conference Presentation

mRNA-2808 abstract accepted for ASH oral presentation

Moderna's mRNA-2808 abstract was accepted for an oral presentation at the American Society of Hematology meeting on December 12, 2026 in New Orleans. This is a scheduled near-term data catalyst that could move shares depending on the results disclosed.

Moderna Press Release (SEC Filing)
NEUTRALNov 6, 2026
Clinical Data Readout

Pivotal propionic acidemia data expected in 2026

Moderna's registrational study for propionic acidemia (mRNA-3927) has reached target enrollment, with pivotal data expected in 2026. An imminent readout represents a binary near-term catalyst for the rare disease pipeline.

Moderna Press Release (SEC Filing)

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