Movement Alert|Moderna, Inc. Rises 5.15% in Regular Trading, Goldman Sachs Target Price Hike and Flu Vaccine Approval Expectations Fuel Rebound

Market Focus
Jul 27

On July 27, Moderna, Inc. rose 5.15% in regular trading, trading at $56.945/share, with turnover of $43.88 million. The rally reflects a recovery bounce following a 5.07% decline on July 24 triggered by cautious institutional sentiment ahead of the Q2 earnings release scheduled for July 31.

On the catalyst front, Goldman Sachs raised its price target on Moderna from $49 to $67 on July 20, maintaining a Neutral rating, with the new target significantly above the current share price, providing valuation support. Additionally, market expectations for the FDA approval of the company's seasonal influenza vaccine candidate mRNA-1010 continue to build, with the regulatory decision deadline set for August 5. The vaccine previously received a unanimous 9-0 favorable vote from the FDA's advisory committee.

Separately, Jefferies raised its target to $60 from $53 in mid-July, while FactSet consensus target stood at $52.16. The upcoming earnings report carries a consensus EPS estimate of -$1.97, with analysts citing ongoing cost pressures and uncertainty around new product commercialization timelines.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10