Moderna Inc

MRNA: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$399.00	Rytcj	Rpqgprd

Moderna Earnings: High-Level Long-Term Guidance Fits Our View; Maintaining $227 Valuation

Karen Andersen

Nov 3, 2023

Moderna reported third-quarter results that were weaker than we had anticipated, largely due to significant manufacturing resizing expenses to allow the firm to adjust to the endemic phase of COVID-19 but retain more flexibility in the future.

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