Moderna (MRNA)
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About Moderna
Copy link to sectionWhat is Moderna?
Copy link to sectionIt’s a biotechnology company that develops therapeutics and vaccines using messenger RNA (mRNA) technology. Founded in 2010 and headquartered in Cambridge, Massachusetts, Moderna’s mRNA technology instructs cells in the body to trigger an immune response against certain diseases.
Moderna has several mRNA-based vaccines in the development stage but is best known for its Covid-19 vaccine, one of the first in the world to be approved.
How does Moderna make money?
Copy link to sectionIt makes money by selling its products, including its mRNA-based vaccines and therapeutics. Moderna has secured government contracts and partnerships with other pharmaceutical companies helping it grow revenue to record levels in recent years.
While it is best known for its Covid vaccine, Moderna is also developing mRNA-based vaccines for various diseases, including the Zika virus, cytomegalovirus, and cancers.
What is Moderna’s best selling product?
Copy link to sectionBy far, its best-selling product is its Covid 19 vaccine. Moderna made $18.4 billion in Covid 19 vaccine sales in 2022, with $10 billion of that amount coming from its deal with the U.S. government. The widespread use of its vaccine has contributed to the company’s growth and has allowed it to explore therapeutics for other diseases.
Who are the key executives at Moderna?
Copy link to sectionIts co-founder, Noubar B. Afeyan, is currently its Chairman. Here is a list of other key executives at Moderna.
- Noubar B. Afeyan Ph.D. Co-Founder, Independent Non-Exec. Chairman & Member of Technology Advisory Board
- Stephane Bancel. CEO & Director
- Stephen Hoge M.D. President
- Shannon Thyme Klinger. Chief Legal Officer & Corp. Sec. 1
- Juan Andres. Pres of Strategic Partnerships & Enterprise Expansion
- James M. Mock. Chief Financial Officer
- Jerh Collins Ph.D. Chief Technical Operations & Quality Officer
- Melissa J. Moore Ph.D. Chief Scientific Officer & Member of Scientific Advisory Board
- Brad Miller. Chief Information Officer
- Lavina Talukdar CFA. Sr. VP & Head of Investor Relations
Where can I buy shares in Moderna?
Copy link to sectionYou can buy Moderna stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.
Are there any other ways to invest in Moderna?
Copy link to sectionThe simplest way to invest in Moderna is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.
Moderna is part of the Nasdaq index, so you can invest in an ETF that tracks that index, or choose a pharmaceutical ETF that lets you own a basket of related stocks from the same industry.
More about the MRNA price
Copy link to sectionWhat is the Moderna stock price today?
Copy link to sectionThe MRNA stock price today is currently $139.26, as of 27 February, 2023. The price of Moderna is down 8.9% over the past 52 weeks. You can use the live Moderna stock chart to track the NASDAQ:MRNA price in real time above, or compare the Moderna value today to its past performance using the Moderna financials tab at the top of this page.
What is the 52-week low for Moderna stock?
Copy link to sectionThe 52-week low for Moderna stock is $115.03. MRNA stock is currently 20.85% above the 52-week low.
What is the 52-week high for Moderna stock?
Copy link to sectionThe 52-week high for Moderna stock is $217.25. MRNA stock is currently 35.88% below the 52-week high.
What is the stock forecast for Moderna?
Copy link to sectionThe average Moderna stock forecast has a price target of $231.36 by the end of 2023. Moderna’s latest financial results, the broader economic outlook, and the industry’s competition all influence these forecasts.
It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.
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