Moderna Narrows Q4 Loss, Maintains 10% Growth Target as FDA Delays RSV Approval

MRNAMRNA

Moderna narrowed its fourth-quarter loss and beat revenue and EPS estimates while reiterating a 10% growth target for 2026. Shares dipped after the FDA delayed approval of its RSV vaccine candidate, pushing back the anticipated launch timeline.

1. Fourth-Quarter Performance and Guidance

Moderna reported a narrowed fourth-quarter loss while exceeding consensus on both earnings and revenue. Management reiterated its target of 10% revenue growth for 2026, driven by ongoing COVID-19 vaccine sales and advancing pipeline programs.

2. FDA Setback and Market Reaction

Shares slipped after the FDA postponed its decision on Moderna’s respiratory syncytial virus vaccine candidate, delaying the expected commercial launch. The regulatory delay introduces uncertainty around near-term revenue contributions from the RSV program.

Sources

WF