Moderna Raises 2025 Revenue Forecast to $1.9 Billion, Stock Surges 20%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: Yahoo Finance
- Banking Earnings Season: Major banks including Citigroup, Wells Fargo, Bank of America, Goldman Sachs, JP Morgan, and Morgan Stanley reported EPS beats, with Morgan Stanley and Goldman Sachs gaining 5.8% and 4.6% respectively post-earnings, indicating strong market confidence in their performance.
- CoreWeave's Strong Performance: CoreWeave's stock surged 12.2% on Monday and has rallied over 28% in the past week, driven by CEO comments defending GPU lifespan concerns, with analysts noting ongoing strong demand and an expanding customer base.
- Moderna's Revenue Forecast Increase: Moderna's stock rose 17% on Tuesday and is up 20% for the week after raising its 2025 revenue forecast to approximately $1.9 billion, exceeding expectations, with analysts highlighting improved financial discipline and significant growth catalysts ahead.
- Penumbra Acquisition Deal: Penumbra's stock climbed 10.8% on Thursday following Boston Scientific's agreement to acquire the company for approximately $14.5 billion, with shareholders set to receive $374 per share, representing a 19.3% premium, and analysts see clear strategic rationale for the acquisition.
Analyst Views on BAC
Wall Street analysts forecast BAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAC is 61.17 USD with a low forecast of 55.00 USD and a high forecast of 71.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
14 Buy
4 Hold
0 Sell
Strong Buy
Current: 52.590
Low
55.00
Averages
61.17
High
71.00
Current: 52.590
Low
55.00
Averages
61.17
High
71.00
About BAC
Bank of America Corporation is a bank holding company and a financial holding company. Its segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM includes two businesses: Merrill Wealth Management, which provides tailored solutions to meet clients' needs through a full set of investment management, brokerage, banking and retirement products and Bank of America Private Bank, which provides comprehensive wealth management solutions. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
