Is It Too Late to Buy Moderna Stock?
Demand for 's (NASDAQ: MRNA) one and only product is on the decline. I'm talking about the coronavirus vaccine. As we approach a post-pandemic situation, Moderna already has started to feel the impact. In the first-quarter earnings report, vaccine sales dropped 69% year over year. And Moderna so far has orders for about $5 billion in vaccine sales for 2023.
That's a stark contrast to the last two years, when Moderna generated more than $17 billion in annual product sales. People worldwide rushed to get vaccinated during these earlier stages of the pandemic -- and even followed up with boosters. Does today's drop in vaccine sales mean it's too late to buy Moderna stock? Let's find out.
It's true that, on a first glance, it may look as if Moderna's better days are in the past. The company went from zero product revenue to billions in earnings in just a few months. Moderna's vaccine revenue also helped it build up an enormous level of cash -- that can help it advance candidates through the pipeline. Moderna reported more than $18 billion in cash at the end of last year.
Source Fool.com
Moderna Inc. Aktie
Bei der Aktie stehen derzeit 11 Buy-Einschätzungen 8 Sell-Einschätzungen gegenüber. Das Sentiment ist also durchaus positiv.
Für Moderna Inc. ergibt sich ein negatives Potenzial von -61.43%, obwohl das Kursziel von 21 € unter 54.45 € liegt.
