Moderna Inc (MRNA-Q) Analyst Research & Price Targets - The Globe and Mail

Earnings Estimates

	Current Qtr03/2026	Next Qtr06/2026	Fiscal Yr12/2026	Fiscal Yr12/2027
Average Estimate	-2.03	-2.13	-6.90	-4.33
Number of Estimates	9	7	12	11
High Estimate	-1.65	-1.59	-5.10	-0.10
Low Estimate	-2.43	-2.37	-9.04	-5.72
Prior Year	-2.52	-2.13	-7.26	-6.90
Growth Rate Est. (year over year)	+19.44%	unch	+4.96%	+37.25%

Earnings History - Surprises*

	Qtr Ending12/2025	Qtr Ending09/2025	Qtr Ending06/2025	Qtr Ending03/2025
Reported	$-2.11	$-0.51	$-2.13	$-2.52
Estimate	$-2.60	$-2.15	$-2.99	$-2.92
Difference	+0.49	+1.64	+0.86	+0.40
Surprise	+18.85%	+76.28%	+28.76%	+13.70%

* Earnings are based on GAAP income from continuing operations.

Average Analyst Ratings

3.04

3 Mths Ago23

3.04

2 Mths Ago24

2.96

1 Mth Ago24

2.96

Current24

Ratings Values:

Strong Buy5

Moderate Buy4

Hold3

Moderate Sell2

Strong Sell1

Ratings Breakdown

	3 Mths Ago	2 Mths Ago	1 Mth Ago	Current
# of Analysts:	23	24	24	24
	3	3	2	2
Holds	17	18	19	19
	1 2	1 2	1 2	1 2

Key:

Strong Buy

Moderate Buy

Hold

Moderate Sell

Strong Sell

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