This Former Meme Stock, Down 93%, is a High-Upside Buy Right Now
Briefly

Moderna's stock has decreased significantly, nearly 93% from its peak in late 2021. Experts suggest 2026 could signal a recovery for the company as it pivots beyond COVID vaccines towards a broader mRNA technology pipeline with new products. Recent legislative changes have provided some momentum for struggling pharmaceutical companies, potentially benefiting Moderna. Despite past challenges, shares have gained about 35% from June lows, pointing to possible investor optimism in the company’s future growth and profitability objectives, including becoming a 'five-product' company by 2026.
Moderna stock has seen a dramatic decline, down nearly 93% from its late-2021 peak, but recent gains suggest potential recovery as new products emerge.
The company is transitioning from a COVID vaccine focus to a broader mRNA technology pipeline, which could lead to increased profitability in the coming years.
Despite past setbacks, Oppenheimer's upgrade highlights catalysts, including recent legislative changes that could positively impact the pharmaceutical sector and boost Moderna's performance.
Moderna aims to evolve into a 'five-product' company by 2026, indicating a strategic shift to diversify its offerings and stimulate growth.
Read at 24/7 Wall St.
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