Updated
Updated · CNBC · Jul 1
Moderna Jumps 150% as Cramer Calls Stock Investable Again on Pipeline, Profitability Plan
Updated
Updated · CNBC · Jul 1

Moderna Jumps 150% as Cramer Calls Stock Investable Again on Pipeline, Profitability Plan

1 articles · Updated · CNBC · Jul 1

Summary

  • Moderna has rallied nearly 150% this year, and Jim Cramer said the stock is "investable again" as the company finally shows a clearer post-Covid growth story.
  • Science Day presentations last week outlined a 10-year roadmap built around a broader pipeline and a path to profitability, helping drive another roughly 20% gain since then.
  • Cancer programs stood out most: Moderna has mid- and late-stage trials in melanoma, non-small cell lung cancer, renal cell carcinoma and bladder cancer, with late-stage melanoma data due later this year for Intismeran plus Merck's Keytruda.
  • Regulatory progress is also building outside oncology, with an FDA advisory panel backing Moderna's flu shot ahead of an Aug. 5 decision and the European Commission already approving its combined Covid-flu vaccine.
  • Even after the surge, the shares remain far below their $484 pandemic-era peak, and Cramer urged investors to wait for a pullback because the turnaround could still take years.

Insights

Moderna's stock has doubled its price target. Is this real value or a bubble fueled by a short squeeze?
Can Moderna's current vaccines truly fund its 41-candidate pipeline until the company breaks even?
Will Moderna's personalized cancer vaccine become its next blockbuster or its most expensive clinical failure?