Core Insights - Moderna's shares increased by 13.9% to close at $28.14, following reports of strategic negotiations with a major pharmaceutical company for a potential partnership or buyout [1] - The stock had previously experienced a 10.5% decline over the past four weeks [1] Financial Performance - Moderna is expected to report a quarterly loss of $2.15 per share, reflecting a year-over-year change of -7266.7% [2] - Projected revenues for the upcoming quarter are $860.07 million, down 53.8% from the same quarter last year [2] Earnings Estimates - The consensus EPS estimate for Moderna has been revised 5.8% lower in the last 30 days [3] - A negative trend in earnings estimate revisions typically does not lead to price appreciation, indicating caution for future stock performance [3] Industry Context - Moderna is part of the Zacks Medical - Biomedical and Genetics industry, which includes other companies like Septerna, Inc. [3] - Septerna, Inc. has an unchanged consensus EPS estimate of $0.19, representing a year-over-year change of +102.3% [4]
Strength Seen in Moderna (MRNA): Can Its 13.9% Jump Turn into More Strength?