Moderna’s Stock Soars 30% in 2026 After Breaking Key Resistance
Moderna’s stock has surged in early 2026, climbing 30% within the first eight trading days of the year. The company now leads all S&P 500 stocks after breaking past a key resistance level at $36. Analysts point to strong financial guidance and growing confidence in its future performance.
The biotech firm raised its 2025 revenue forecast to around $1.9 billion while announcing plans to cut operating costs. This move comes as the wider biotech sector recovers, with the SPDR S&P Biotech ETF up over 90% since April. Moderna itself is outperforming many of its competitors.
On Tuesday, shares reached $38.50 after clearing the $36 resistance mark. The stock has seen sharp price swings, but recent buying activity—particularly from institutional investors—signals renewed trust in the company’s strategy. Technical indicators, including a golden cross pattern and a double bottom formation, suggest further upside potential, with some analysts targeting $64 by year-end. Looking ahead, Moderna expects 10% annual revenue growth, driven by vaccine partnerships, new product launches, and progress in clinical trials. The company aims to reach breakeven by 2028 and currently holds a market capitalisation of $13.4 billion.
Moderna’s strong start to 2026 reflects both market optimism and improved financial projections. With revenue growth forecasts and technical signals pointing upward, the company appears positioned for further gains. Investors will likely watch for updates on its pipeline and cost-cutting efforts in the coming months.