CureVac N.V. (CVAC)

NASDAQ: CVAC · Real-Time Price · USD
2.870
-0.120 (-4.01%)
At close: Dec 20, 2024, 4:00 PM
3.100
+0.230 (8.01%)
After-hours: Dec 20, 2024, 7:35 PM EST
-4.01%
Market Cap 643.78M
Revenue (ttm) 70.57M
Net Income (ttm) -298.33M
Shares Out 224.31M
EPS (ttm) -1.33
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 816,883
Open 2.860
Previous Close 2.990
Day's Range 2.830 - 3.020
52-Week Range 2.215 - 5.280
Beta 2.59
Analysts Hold
Price Target 10.00 (+248.43%)
Earnings Date Nov 12, 2024

About CVAC

CureVac N.V., a biopharmaceutical company, focuses on developing various transformative medicines based on messenger ribonucleic acid (mRNA). It is developing prophylactic vaccines, such as mRNA-based vaccine candidates CV2CoV, which is in Phase 1 clinical trial against SARS-CoV-2; CV7202 which is in Phase 1 clinical trial for the treatment of rabies; and CVSQIV to treat multivalent seasonal influenza; Flu SV mRNA fot treating nucleotides, single antigen seasonal influenza. The company develops CV8102, which is in Phase 1 clinical trial for tre... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Aug 14, 2020
Employees 1,172
Stock Exchange NASDAQ
Ticker Symbol CVAC
Full Company Profile

Financial Performance

In 2023, CureVac's revenue was 53.76 million, a decrease of -20.26% compared to the previous year's 67.42 million. Losses were -260.17 million, 4.47% more than in 2022.

Financial numbers in EUR Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CVAC stock is "Hold." The 12-month stock price forecast is $10.0, which is an increase of 248.43% from the latest price.

Price Target
$10.0
(248.43% upside)
Analyst Consensus: Hold
Stock Forecasts

News

CureVac N.V. (CVAC) Q3 2024 Earnings Call Transcript

CureVac N.V. (NASDAQ:CVAC) Q3 2024 Earnings Conference Call November 12, 2024 9:00 AM ET Company Participants Sarah Fakih - Vice President of Corporate Communications and Investor Relations Alexander...

5 weeks ago - Seeking Alpha

CureVac Announces Financial Results for the Third Quarter and First Nine Months of 2024 and Provides Business Update

Strengthened Cash, Strategic Refocus and Pipeline Progress Define Transformative Quarter €400 million upfront payment from restructured GSK collaboration reflected in financials, cash position increas...

5 weeks ago - Accesswire

CureVac to Report Third Quarter and First Nine Months 2024 Financial Results and Business Update on November 12, 2024

TÜBINGEN, GERMANY and BOSTON, MA / ACCESSWIRE / November 7, 2024 / CureVac N.V. (Nasdaq:CVAC) ("CureVac"), a global biopharmaceutical company developing a new class of transformative medicines based o...

6 weeks ago - Accesswire

CureVac Strengthens Leadership Team with Appointment of Seasoned Industry Executive Axel Sven Malkomes as Chief Financial Officer

Experienced CFO and investment banker with 30-year track record will help drive CureVac's transformation TÜBINGEN, GERMANY and BOSTON, MA / ACCESSWIRE / November 4, 2024 / CureVac N.V. (Nasdaq:CVAC) (...

6 weeks ago - Accesswire

CureVac to Present at the 12th International mRNA Health Conference

TÜBINGEN, GERMANY and BOSTON, MA / ACCESSWIRE / November 4, 2024 / CureVac N.V. (Nasdaq:CVAC) ("CureVac"), a global biopharmaceutical company developing a new class of transformative medicines based o...

6 weeks ago - Accesswire

CureVac to Present at the Society for Immunotherapy of Cancer (SITC) 39th Annual Meeting

TÜBINGEN, GERMANY and BOSTON, MA / ACCESSWIRE / October 28, 2024 / CureVac N.V. (Nasdaq:CVAC) ("CureVac"), a global biopharmaceutical company developing a new class of transformative medicines based o...

7 weeks ago - Accesswire

Pfizer, BioNTech win bid to invalidate CureVac's UK COVID vaccine patents

Pfizer and its German partner BioNTech on Tuesday won their attempt to invalidate two of rival CureVac's patents at London's High Court.

Other symbols: BNTXPFE
2 months ago - Reuters

CureVac's CVGBM Cancer Vaccine Induces Promising Immune Responses in Phase 1 Study in Glioblastoma Presented at the ESMO 2024 Congress

Preliminary immunogenicity results demonstrate induction of cancer antigen-specific T-cell responses in 77% of evaluable patients following CVGBM monotherapy 84% of immune responses were de novo, obse...

3 months ago - Accesswire

CureVac Partner GSK Announces Positive Phase 2 Data from Seasonal Influenza mRNA Vaccine Program

Phase 2 data demonstrated positive immune responses to A and B strains, with acceptable safety and reactogenicity profile, meeting all pre-defined study endpoints Vaccine candidate based on CureVac's ...

3 months ago - Accesswire

CureVac to Present First CVGBM Glioblastoma Cancer Vaccine Clinical Data at ESMO 2024 Congress

TÜBINGEN, GERMANY and BOSTON, MA / ACCESSWIRE / September 9, 2024 / CureVac N.V. (Nasdaq:CVAC) ("CureVac"), a global biopharmaceutical company developing a new class of transformative medicines based ...

3 months ago - Accesswire

CureVac Announces Financial Results for the Second Quarter and First Half of 2024 and Provides Business Update

Closed new licensing agreement with GSK worth up to €1.45 billion, including €400 million upfront; provides strong validation of CureVac's mRNA platform Initiated strategic workforce reduction of ~30%...

4 months ago - Accesswire

CureVac Advances Cancer Vaccine Candidate CVGBM to Part B of Phase 1 Study in Patients with Resected Glioblastoma

First patient administered in dose-confirmation Part B of Phase 1 study with mRNA-based, multiepitope cancer vaccine candidate CVGBM Part B expected to include up to 20 patients to generate extended d...

4 months ago - Accesswire

CureVac Names Oncologist and Drug Development Expert Dr. Mehdi Shahidi to Supervisory Board

TÜBINGEN, GERMANY and BOSTON, MA / ACCESSWIRE / August 15, 2024 / CureVac N.V. (Nasdaq:CVAC) ("CureVac"), a global biopharmaceutical company developing a new class of transformative medicines based on...

4 months ago - Accesswire

CureVac Provides Update on Trial Dates for Patent Litigation Across Multiple Geographies Against Pfizer/BioNTech

New trial date for U.S. patent litigation set for March 3, 2025, following settlement with Acuitas Therapeutics First instance decision on validity of EP 3 708 668 B1 (split poly-A tail technology) sc...

5 months ago - Accesswire

Agomab Bolsters Executive Team with Appointment of Pierre Kemula as Chief Financial Officer

ANTWERP, Belgium--(BUSINESS WIRE)--Agomab Therapeutics NV (‘Agomab') today announced that Pierre Kemula will join the company as Chief Financial Officer (CFO) effective November 1, 2024, bringing more...

5 months ago - Business Wire

GSK Will Pay Up to $1.5 Billion for CureVac's mRNA Vaccines

The deal represents a vote of confidence in the future of the mRNA-based vaccine market.

Other symbols: GSK
6 months ago - Barrons

CureVac's stock soars on GSK's $1.56 billion deal for its COVID-19 and flu vaccines

U.S.-listed shares of CureVac NV surged on Wednesday after GSK PLC announced an offer worth up to $1.56 billion (€1.44 billion) for the rights to the German biopharmaceutical's COVID-19 and flu vaccin...

Other symbols: GSK
6 months ago - Market Watch

GSK and CureVac to Restructure Collaboration into New Licensing Agreement

GSK acquires full rights to develop, manufacture and commercialize globally mRNA candidate vaccines for influenza and COVID-19, including combinations CureVac receives €400 million upfront and up to a...

Other symbols: GSK
6 months ago - Accesswire

CureVac Initiates Strategic Restructuring to Align Resources with Focus on High-Value mRNA Pipeline Opportunities

Strategic restructuring includes a workforce reduction of approximately 30%, re-focusing on research, development, and innovation to create leaner and more agile organization Prioritization of high-va...

6 months ago - Accesswire

GSK buys full rights to make COVID, influenza vaccines from CureVac

GSK has bought from CureVac 5CV.DE, CVAC.O the full rights to develop and manufacture vaccine candidates for influenza and COVID-19 that use messenger RNA (mRNA) technology for up to 1.05 billion euro...

Other symbols: GSK
6 months ago - Reuters

CureVac Announces Voting Results of General Meeting

TÜBINGEN, GERMANY and BOSTON, MA / ACCESSWIRE / June 24, 2024 / CureVac N.V. (NASDAQ:CVAC), a global clinical-stage biopharmaceutical company developing a new class of transformative medicines based o...

6 months ago - Accesswire

CureVac N.V. (CVAC) Q4 2023 Earnings Call Transcript

CureVac N.V. (NASDAQ:CVAC) Q4 2023 Earnings Conference Call April 24, 2024 9:00 AM ET Company Participants Sarah Fakih - Vice President of Corporate Communications & Investor Relations Alexander Zehn...

8 months ago - Seeking Alpha

CureVac Announces Financial Results for the Fourth Quarter and Full-Year 2023 and Provides Business Update

Organizational redesign and rightsizing initiated across company to streamline structures, increase efficiency and reduce operating costs Together with GSK, ended Pandemic Preparedness Agreement (PPA)...

8 months ago - Accesswire

CureVac Appoints Thaminda Ramanayake as New Chief Business Officer

Mr. Ramanayake brings more than fifteen years of experience in biopharma company development and deal-making Strong track record of successful clinical collaborations, M&A, asset in-licensing and stra...

8 months ago - Accesswire

CureVac Announces Start of Combined Phase 1/2 Study in Avian Influenza (H5N1); Development in Collaboration with GSK

Phase 1 part of combined Phase 1/2 study initiated as part of pandemic preparedness against highly pathogenic avian influenza (H5N1) virus, considered to be potential future pandemic threat Study will...

8 months ago - Accesswire