Moderna, Inc. (MRNA)

Moderna Stock Forecast

Stock Price Forecast

The 12 analysts that cover Moderna stock have a consensus rating of "Hold" and an average price target of $32.75, which forecasts a -21.71% decrease in the stock price over the next year. The lowest target is $18 and the highest is $63.

Price Target: $32.75 (-21.71%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$18	$32.75	$30	$63
Change	-56.97%	-21.71%	-28.28%	+50.61%

Analyst Ratings

The average analyst rating for Moderna stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	2	2	2	1	1	0
Buy	1	1	1	1	1	1
Hold	12	12	8	8	9	9
Sell	4	4	4	3	3	3
Strong Sell	0	0	0	0	0	0
Total	19	19	15	13	14	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eliana Merle UBS	UBS	Strong Buy → Hold Initiates $40 → $34	Strong Buy → Hold	Initiates	$40 → $34	-18.72%	Jan 7, 2026
Matthew Harrison Morgan Stanley	Morgan Stanley	Hold Maintains $30 → $28	Hold	Maintains	$30 → $28	-33.06%	Dec 12, 2025
Andrew Tsai Jefferies	Jefferies	Hold Initiates $30	Hold	Initiates	$30	-28.28%	Dec 12, 2025
Edward Tenthoff Piper Sandler	Piper Sandler	Buy Reiterates $69 → $63	Buy	Reiterates	$69 → $63	+50.61%	Nov 21, 2025
Luca Issi RBC Capital	RBC Capital	Hold Maintains $28 → $25	Hold	Maintains	$28 → $25	-40.23%	Nov 21, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.92B

Decreased by -40.67%

from 3.24B

Revenue Next Year

1.98B

Increased by 3.18%

from 1.92B

EPS This Year

-8.22

from -9.28

EPS Next Year

-7.11

from -8.22

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	803.00M	18.47B	19.26B	6.85B	3.24B	1.92B	1.98B
Revenue Growth	1,238.33%	2,200.25%	4.29%	-64.45%	-52.75%	-40.67%	3.18%
EPS	-1.96	28.29	20.12	-12.34	-9.28	-8.22	-7.11
EPS Growth	-	-	-28.88%	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	28	27

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	2.1B	2.5B
Avg	1.9B	2.0B
Low	1.7B	1.4B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	-34.6%	28.0%
Avg	-40.7%	3.2%
Low	-47.5%	-29.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	-7.84	-5.35
Avg	-8.22	-7.11
Low	-9.35	-8.20

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.