Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Moderna stock | $348.83

Learn how to easily invest in Moderna stock.

Moderna, Inc
+$7.96 (+2.30%)

Moderna’s two-dose COVID-19 vaccine commanded public attention with the announcement of its 94.5% efficacy rate. The vaccine has yet to be approved by the FDA, but the company has applied for emergency authorization and the first doses could be distributed this year, the Washington Post reported Nov. 30.
Here’s how to buy Moderna stock.

How to buy shares in Moderna

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MRNA – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Moderna’s COVID-19 vaccine

On November 16, Moderna released a statement based on late-stage trial data of its two-dose coronavirus vaccine it’s developing with the Vaccine Research Center, part of the National Institute of Allergy and Infectious Diseases. It claims the vaccine is 94.5% effective in preventing COVID-19. This announcement arrived just one week behind vaccine competitor Pfizer’s 90% efficacy rate statement.

Moderna’s data comes from a study of 30,000 volunteers and was released as a news statement — not in a peer-reviewed journal. This vaccine data is promising but far from conclusive. There’s still room for Moderna’s protection rate to change by the time it finishes its study.

Moderna has now applied for emergency-use approval from the US Food and Drug Administration (FDA). The FDA requires coronavirus vaccines to hold an efficacy rate of at least 50% to be approved.

In response to Moderna’s November announcement, its stock spiked by over 8%, the Dow Jones Industrial Average rose by nearly 400 points and the S&P 500 set a record high above 3,615 points.

Moderna vs. Pfizer

Both Moderna and Pfizer have made numerous news headlines as they work to develop effective coronavirus vaccines. But how do their vaccines compare? Here’s how these COVID-19 vaccines stack up.

Type of vaccineMessenger RNA (mRNA)Messenger RNA (mRNA
Efficacy rate94.5%95%
Trial size30,000 people43,538 people
Number of doses2 shots, 28 days apart2 shots, 21 days apart
ProductionUp to 20 million doses by the end of 2020Up to 50 million doses by the end of 2020
Years in business10171
Number of manufactured drugs0300+

How has coronavirus impacted Moderna's share price?

Since the stock market crash in March caused by coronavirus, Moderna's share price has had significant positive movement.

Its last close price was $348.83, which is 94.77% up on its pre-crash value of $18.23 and 1,847.68% up on the lowest point reached during the March crash when the shares fell as low as $17.91.

If you had bought $1,000 worth of Moderna shares at the start of February 2020, those shares would have been worth $1.00 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $17.00.

Moderna stock price (NASDAQ: MRNA)

Use our graph to track the performance of MRNA stocks over time.

Moderna shares at a glance

Information last updated 2021-07-23.
Previous close$323.48
Change $25.35
Change % 7.8367%
Volume 23,431,397
Information last updated 2021-07-30.
52-week range$54.21 - $362.00
50-day moving average $250.12
200-day moving average $179.85
Wall St. target price$184.92
PE ratio 231.6622
Dividend yield N/A (0%)
Earnings per share (TTM) $1.49

Buy Moderna shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
Stocks, ETFs, Cryptocurrency
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Stocks, Options, ETFs
Get one free stock valued between $3.00 and $300 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Stocks, ETFs
$0 per month
Download and sign up with; approved accounts receive a free stock slice worth up to $70, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
J.P. Morgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract
Stocks, Options, ETFs
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Stocks, Options, ETFs
$0 per year
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Moderna stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Moderna price performance over time

Historical closes compared with the close of $348.83 from 2021-06-04

1 week (2021-07-20) N/A
1 month (2021-07-01) 48.37%
3 months (2021-04-30) 95.07%
6 months (2021-01-27) N/A
1 year (2020-07-27) N/A
2 years (2019-07-27) N/A
3 years (2018-07-27) N/A
5 years (2016-07-27) N/A

Is Moderna under- or over-valued?

Valuing Moderna stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Moderna's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Moderna's P/E ratio

Moderna's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 232x. In other words, Moderna shares trade at around 232x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Moderna's EBITDA

Moderna's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $673.1 million.

The EBITDA is a measure of a Moderna's overall financial performance and is widely used to measure a its profitability.

Moderna financials

Revenue TTM $2.7 billion
Operating margin TTM 23.2%
Gross profit TTM $-574,877,000
Return on assets TTM 5.37%
Return on equity TTM 21.83%
Profit margin 21.88%
Book value $9.57
Market capitalisation $138.8 billion

TTM: trailing 12 months

Shorting Moderna shares

There are currently 12.5 million Moderna shares held short by investors – that's known as Moderna's "short interest". This figure is 13% down from 14.3 million last month.

There are a few different ways that this level of interest in shorting Moderna shares can be evaluated.

Moderna's "short interest ratio" (SIR)

Moderna's "short interest ratio" (SIR) is the quantity of Moderna shares currently shorted divided by the average quantity of Moderna shares traded daily (recently around 7.3 million). Moderna's SIR currently stands at 1.71. In other words for every 100,000 Moderna shares traded daily on the market, roughly 1710 shares are currently held short.

However Moderna's short interest can also be evaluated against the total number of Moderna shares, or, against the total number of tradable Moderna shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Moderna's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Moderna shares in existence, roughly 30 shares are currently held short) or 0.0399% of the tradable shares (for every 100,000 tradable Moderna shares, roughly 40 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Moderna.

Find out more about how you can short Moderna stock.

Moderna share dividends

We're not expecting Moderna to pay a dividend over the next 12 months.

Moderna share price volatility

Over the last 12 months, Moderna's shares have ranged in value from as little as $54.21 up to $362. A popular way to gauge a stock's volatility is its "beta".

MRNA.US volatility(beta: 1.47)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Moderna's is 1.4749. This would suggest that Moderna's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Moderna overview

Moderna, Inc. , a biotechnology company, develops therapeutics and vaccines based on messenger RNA for the treatment of infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and auto-immune diseases. As of March 9, 2021, the company had 13 programs in clinical trials and a total of 24 development programs in six modalities comprising prophylactic vaccines, cancer vaccines, intratumoral immuno-oncology, localized regenerative therapeutics, systemic secreted and cell surface therapeutics, and systemic intracellular therapeutics. The company has strategic alliances with AstraZeneca PLC, Merck & Co. , Inc. , Vertex Pharmaceuticals Incorporated, Vertex Pharmaceuticals (Europe) Limited, the Biomedical Advanced Research and Development Authority, the Defense Advanced Research Projects Agency, the National Institute of Allergy and Infectious Diseases, the National Institutes of Health, the Coalition for Epidemic Preparedness Innovations, and Bill & Melinda Gates Foundation. Moderna, Inc.

Frequently asked questions

What percentage of Moderna is owned by insiders or institutions?
Currently 9.67% of Moderna shares are held by insiders and 54.474% by institutions.
How many people work for Moderna?
Latest data suggests 1,300 work at Moderna.
When does the fiscal year end for Moderna?
Moderna's fiscal year ends in December.
Where is Moderna based?
Moderna's address is: 200 Technology Square, Cambridge, MA, United States, 02139
What is Moderna's ISIN number?
Moderna's international securities identification number is: US60770K1079
What is Moderna's CUSIP number?
Moderna's Committee on Uniform Securities Identification Procedures number is: 56804Q201

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site