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MRNAModerna, Inc.

The forward PE ratio is N/A as of Thursday, July 9, 2026.

Forward PE Ratio (N/A) = Close Price ($76.56) / Consensus Forward EPS ($-8.61)

MRNA Forward PE Ratio Metrics

FORWARD PE RATIO

N/A

MRNA Competitors' Forward PE Ratio

MRNA

Moderna, Inc.

Current

Market Cap

$30.38B

Forward PE Ratio

N/A

RMD

ResMed Inc.

vs MRNA

Market Cap

$30.24B

Forward PE Ratio

18.53

VEEV

Veeva Systems Inc.

vs MRNA

Market Cap

$30.82B

Forward PE Ratio

23.70

GEHC

GE HealthCare Technologies Inc.

vs MRNA

Market Cap

$29.43B

Forward PE Ratio

13.25

BIIB

Biogen Inc.

vs MRNA

Market Cap

$29.37B

Forward PE Ratio

13.80

ZTS

Zoetis Inc.

vs MRNA

Market Cap

$31.48B

Forward PE Ratio

10.91

DXCM

DexCom, Inc.

vs MRNA

Market Cap

$28.18B

Forward PE Ratio

28.55

CNC

Centene Corp.

vs MRNA

Market Cap

$33.38B

Forward PE Ratio

19.16

MDLN

Medline Inc.

vs MRNA

Market Cap

$34.54B

Forward PE Ratio

26.62

MTD

Mettler-Toledo International Inc.

vs MRNA

Market Cap

$26.03B

Forward PE Ratio

26.75

Trailing vs Forward

Trailing P/E

N/A

reported TTM EPS

Forward P/E

N/A

consensus next-FY EPS

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $76.56 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$-8.61$-9.80 – $-7.2417n/m
2027-12-31$-4.75$-6.24 – $-0.0917n/m
2028-12-31$-2.87$-6.03 – $0.6717n/m

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

About Moderna, Inc.

Moderna, Inc., a biotechnology firm, is dedicated to the discovery, development, and commercialization of messenger RNA (mRNA) based therapies and preventive medicines. Its extensive research and development efforts target a broad spectrum of medical needs, including infectious diseases, cancer immunology, rare conditions, cardiovascular ailments, and autoimmune disorders, with operations spanning the United States, Europe, and other global markets. The company's diverse product pipeline encompasses various vaccine candidates: those for respiratory illnesses like COVID-19, influenza, and respiratory syncytial virus (RSV); latent viral infections such as cytomegalovirus (CMV), Epstein-Barr virus (EBV), human immunodeficiency virus (HIV), herpes simplex virus (HSV), and varicella-zoster virus (VZV); and public health threats like Zika and Nipah. Additionally, Moderna is advancing systemic secreted and cell surface-targeted therapeutics, an array of cancer vaccines (including personalized, KRAS, and checkpoint varieties), intratumoral immuno-oncology products, localized regenerative treatments, systemic intracellular medicines, and inhaled pulmonary solutions. Moderna maintains strategic alliances with several prominent entities, including AstraZeneca PLC, Merck & Co., Inc., Vertex Pharmaceuticals Incorporated, Vertex Pharmaceuticals (Europe) Limited, Carisma Therapeutics, Inc., Metagenomi, Inc., the Defense Advanced Research Projects Agency (DARPA), the Biomedical Advanced Research and Development Authority (BARDA), the Institute for Life Changing Medicines, and The Bill & Melinda Gates Foundation. It also holds a collaboration and license agreement with Chiesi Farmaceutici S.P.A. Founded in 2010 as Moderna Therapeutics, Inc., the company officially became Moderna, Inc. in August 2018. Its corporate headquarters are located in Cambridge, Massachusetts.

Cambridge, MA
5,800 employees
Healthcare / Biotechnology
Sector
Healthcare
Industry
Biotechnology
CEO
Stéphane Bancel