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Moderna stock soars 700% on cancer vaccine hopes but earnings show Covid vaccines still drive revenue

Company Fundamentals
06 Nov 2026, 15:04 WIB
Barrons
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Bullish
Moderna stock soars 700% on cancer vaccine hopes but earnings show Covid vaccines still drive revenue

Moderna's stock price has surged 700% this year amid excitement over its experimental cancer vaccine. However, the company's recent earnings reveal that its revenue growth remains largely driven by strong international demand for its Covid vaccines. Moderna has raised its full-year revenue outlook based on this continued Covid vaccine performance. While the cancer vaccine hype fuels investor enthusiasm, the financial results confirm that Covid-related sales are still the main revenue source for now.

Moderna's market capitalization stands at $96.40 billion as of November 6, 2026, 20:11 WIB, highlighting its significant size in the health sector. On Pluang, the stock price is USD 228.67, down 5.30% for the day, with a trading volume of 11,879,068 shares and a typical hold time of 58 days. Despite recent earnings showing Covid vaccines still driving revenue, investor activity on Pluang leans 68% towards buying, reflecting ongoing interest in the stock.

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