Moderna, Inc.

Moderna, Inc.

MRNA·NASDAQ

$49.06

+7.5%
HealthcareBiotechnology

Moderna, Inc., a biotechnology company, discovers, develops, and commercializes messenger RNA therapeutics and vaccines for the treatment of infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and auto-immune diseases in the United States, Europe, and internationally. Its respiratory vaccines include COVID-19, flu, respiratory syncytial virus, Endemic HCoV, and hMPV+PIV3 vaccines; latent vaccines comprise cytomegalovirus, epstein-barr virus, human immunodeficiency virus, herpes simplex virus, and varicella-zoster virus vaccines; and public health vaccines consists of Zika and Nipah vaccines. The company also offers systemic secreted and cell surface therapeutics; cancer vaccines, such as personalized cancer, KRAS, and checkpoint vaccines; intratumoral immuno-oncology products; localized regenerative, systemic intracellular, and inhaled pulmonary therapeutics. It has strategic alliances with AstraZeneca PLC; Merck & Co., Inc.; Vertex Pharmaceuticals Incorporated; Vertex Pharmaceuticals (Europe) Limited; Carisma Therapeutics, Inc.; Metagenomi, Inc.; the Defense Advanced Research Projects Agency; Biomedical Advanced Research and Development Authority; Institute for Life Changing Medicines; and The Bill & Melinda Gates Foundation, as well as a collaboration and license agreement with Chiesi Farmaceutici S.P.A. The company was formerly known as Moderna Therapeutics, Inc. and changed its name to Moderna, Inc. in August 2018. Moderna, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts.

At a Glance

Live Snapshot
Market Cap$19.47B
EPS-7.2600
P/E Ratio-4.07
Earnings Date07/31/2026
Moderna, Inc.

Moderna, Inc. Fair Value Envelope

MRNA · NASDAQ

Our analysis suggests that MRNA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $49.06, this represents a potential HIDDEN relative to our calculated worth for Moderna, Inc..

Intrinsic Value
Current Price: $49.06

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$167.2B
+ Cash & Equivalents$2.6B
Firm Value-$164.6B
- Debt$1.9B
Equity Value-$166.6B
/ Shares Outstanding390,667,013B
DCF Value-$426
OVERVALUED BY 969%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$2.8B
-$4.2B
-$6.2B
-$9.3B
-$13.8B
-$20.6B
-$30.6B
-$45.7B
-$68.1B
-$101.5B
Maintenance CapEx
-$57.2M
-$85.3M
-$127.2M
-$189.7M
-$282.7M
-$421.5M
-$628.3M
-$936.6M
-$1.4B
-$2.1B
Owner Earnings
-$2.8B
-$4.2B
-$6.3B
-$9.4B
-$14.1B
-$21.0B
-$31.3B
-$46.6B
-$69.5B
-$103.6B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$2.6B
-$3.6B
-$5.0B
-$6.9B
-$9.6B
-$13.2B
-$18.2B
-$25.2B
-$34.8B
-$48.0B
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.