Loading...
CVAC logo

CureVac N.V.NasdaqGM:CVAC Stock Report

Market Cap US$1.1b
Share Price
US$4.66
US$5.35
12.9% undervalued intrinsic discount
1Y50.2%
7D-19.2%
1D
Portfolio Value
View

CureVac N.V.

NasdaqGM:CVAC Stock Report

Market Cap: US$1.1b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

CureVac (CVAC) Stock Overview

A biopharmaceutical company, focuses on developing various transformative medicines based on messenger ribonucleic acid (mRNA). More details

CVAC fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends0/6

CVAC Community Fair Values

Create Narrative

See what 25 others think this stock is worth. Follow their fair value or set your own to get alerts.

CureVac N.V. Competitors

Price History & Performance

Summary of share price highs, lows and changes for CureVac
Historical stock prices
Current Share PriceUS$4.13
52 Week HighUS$5.72
52 Week LowUS$2.48
Beta1.77
1 Month Change-21.78%
3 Month Change-22.80%
1 Year Change50.18%
3 Year Change-38.17%
5 Year Change-95.92%
Change since IPO-92.61%

Recent News & Updates

Analysis Article Jun 15

There's No Escaping CureVac N.V.'s (NASDAQ:CVAC) Muted Revenues Despite A 50% Share Price Rise

Despite an already strong run, CureVac N.V. ( NASDAQ:CVAC ) shares have been powering on, with a gain of 50% in the...

Recent updates

Analysis Article Jun 15

There's No Escaping CureVac N.V.'s (NASDAQ:CVAC) Muted Revenues Despite A 50% Share Price Rise

Despite an already strong run, CureVac N.V. ( NASDAQ:CVAC ) shares have been powering on, with a gain of 50% in the...
Analysis Article May 27

The Strong Earnings Posted By CureVac (NASDAQ:CVAC) Are A Good Indication Of The Strength Of The Business

CureVac N.V. ( NASDAQ:CVAC ) recently posted some strong earnings, and the market responded positively. We did some...
User avatar
New Narrative May 06

GSK Milestones And Tech Focus Will Shape Oncology Amid Risks

Strategic focus on innovation and R&D in oncology and infectious diseases positions CureVac for potential high-growth opportunities and revenue enhancement.
Analysis Article May 01

CureVac N.V. (NASDAQ:CVAC) Shares Fly 31% But Investors Aren't Buying For Growth

Those holding CureVac N.V. ( NASDAQ:CVAC ) shares would be relieved that the share price has rebounded 31% in the last...
Seeking Alpha Mar 28

CureVac: Patent Win Notable, But Won't Answer More Fundamental Questions

Summary CureVac N.V.'s restructuring deal with GSK and workforce reduction suggest financial struggles, with net losses reported from 2020-2023; however, the GSK deal secures funding until 2028. CVAC stock received a boost yesterday after winning a key patent dispute against BioNTech, potentially leading to significant damages if infringement is confirmed in 2025. Despite the legal win, CureVac's pipeline remains weak, with only one wholly-owned asset in clinical development, raising concerns about its long-term viability. Upgrading CureVac stock from "Sell" to "Hold" due to the potential financial windfall from the patent dispute, though fundamental issues remain unresolved. Read the full article on Seeking Alpha
Seeking Alpha Jan 08

CureVac: Latest GBM Data Bodes Well For Next Program Check Point

Summary CureVac N.V.'s CVGBM vaccine showed positive safety and immunogenicity data in Part A of its phase 1 study for resected glioblastoma, with no dose-limiting toxicities. Key catalysts include Part B CVGBM resectable GBM data release in 2nd half of 2025 and possible phase 2 study initiation in 2nd half of 2026. The company is also developing a vaccine for squamous NSCLC, with an IND filing expected in the 1st half of 2025 and phase 1 study initiation in the 2nd half of 2025. Financially strong, with $208.8M in cash plus additional funds of $412.53M from GlaxoSmithKline agreement being redone; the Company believes that it has enough cash on hand to fund operations into 2028. Read the full article on Seeking Alpha
Analysis Article Jan 04

Subdued Growth No Barrier To CureVac N.V. (NASDAQ:CVAC) With Shares Advancing 25%

CureVac N.V. ( NASDAQ:CVAC ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...
Seeking Alpha Oct 08

CureVac: Back To Square One

Summary Today, we're circling back to a development company called CureVac N.V. The company recently agreed to a deal with GSK plc, that involved a huge upfront payment, as well as potential milestone payouts and royalties. That left CureVac with a huge amount of cash on its balance sheet but pushed its pipeline back to very early-stage development. Read the full article on Seeking Alpha
Analysis Article Sep 16

CureVac N.V.'s (NASDAQ:CVAC) Share Price Could Signal Some Risk

It's not a stretch to say that CureVac N.V.'s ( NASDAQ:CVAC ) price-to-sales (or "P/S") ratio of 10.6x right now seems...
Analysis Article Aug 03

CureVac N.V.'s (NASDAQ:CVAC) Intrinsic Value Is Potentially 93% Above Its Share Price

Key Insights The projected fair value for CureVac is US$6.64 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Jul 05

We're Hopeful That CureVac (NASDAQ:CVAC) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Seeking Alpha Jul 04

CureVac: GSK's Deal For Infectious Disease Assets Is A Long-Shot For Both Pharmas

Summary CureVac's share price has plummeted over 90% in the past five years due to vaccine efficacy issues and legal disputes. The mRNA specialist was unable to develop a successful COVID vaccine, unlike rivals Moderna and BioNTech. GSK's $400m purchase of CureVac's infectious disease vaccine candidates, announced yesterday, provides a financial lifeline with milestones, and royalties pledged >$1bn. Despite the deal, CureVac still faces challenges in catching up to competitors like Moderna and BioNTech, making a "sell" recommendation appropriate at this time, in my view. Read the full article on Seeking Alpha
Analysis Article Jun 01

Optimistic Investors Push CureVac N.V. (NASDAQ:CVAC) Shares Up 47% But Growth Is Lacking

CureVac N.V. ( NASDAQ:CVAC ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Mar 20

We Think CureVac (NASDAQ:CVAC) Needs To Drive Business Growth Carefully

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Seeking Alpha Mar 08

CureVac: No Momentum In Sight

Summary CureVac faces challenges as a German court invalidates one of their key mRNA technology patents, raising concerns about their ability to compete in the mRNA space. The invalidated patent relates to an invention that many argue was not a genuine "invention" as the concepts and technologies were already well-known in the scientific community. CureVac's future prospects rely heavily on their partnerships, such as their joint effort with GSK for influenza and COVID vaccines, and their RNA Printer technology for point-of-care production of RNA therapeutics. Read the full article on Seeking Alpha
Analysis Article Aug 26

What Does The Future Hold For CureVac N.V. (NASDAQ:CVAC)? These Analysts Have Been Cutting Their Estimates

One thing we could say about the analysts on CureVac N.V. ( NASDAQ:CVAC ) - they aren't optimistic, having just made a...
Analysis Article Jun 14

CureVac N.V.'s (NASDAQ:CVAC) Intrinsic Value Is Potentially 89% Above Its Share Price

Key Insights The projected fair value for CureVac is US$19.46 based on 2 Stage Free Cash Flow to Equity CureVac is...
Analysis Article May 01

Some Analysts Just Cut Their CureVac N.V. (NASDAQ:CVAC) Estimates

The latest analyst coverage could presage a bad day for CureVac N.V. ( NASDAQ:CVAC ), with the analysts making...
Analysis Article Apr 29

Analysts Have Lowered Expectations For CureVac N.V. (NASDAQ:CVAC) After Its Latest Results

The analysts might have been a bit too bullish on CureVac N.V. ( NASDAQ:CVAC ), given that the company fell short of...
Analysis Article Jan 08

An Intrinsic Calculation For CureVac N.V. (NASDAQ:CVAC) Suggests It's 46% Undervalued

Key Insights CureVac's estimated fair value is €15.4 based on 2 Stage Free Cash Flow to Equity Current share price of...
Seeking Alpha Aug 18

CureVac BV reports Q2 results

CureVac BV press release (NASDAQ:CVAC): Q2 Pre-tax loss of €57.6M Revenue of €20.1M (-10.3% Y/Y). Cash position of €573.6 million as of June 30, 2022; decreasing headwind of wind-down costs for first-generation COVID-19 vaccine program Shares +1.37% PM.
Seeking Alpha Jul 05

CureVac claims patent rights for Pfizer/BioNTech COVID-19 vaccine

German biotech CureVac N.V. (NASDAQ:CVAC) announced on Tuesday that the company filed a lawsuit in Germany over the infringement of certain intellectual property rights related to the COVID-19 vaccine developed by its local rival BioNTech (BNTX) and U.S. pharma giant Pfizer (PFE). The case was filed in the German Regional Court in Düsseldorf against BioNTech (BNTX) and two of its subsidiaries, CureVac (CVAC) said, noting it would fair compensation for the alleged violations. While CureVac (CVAC) has added ~1%, both BioNTech (BNTX) and Pfizer (PFE) have lost ~1% in the pre-market so far. However, the company said that it would not seek an injunction or resort to a legal action that could disrupt the production and sales of the blockbuster vaccine. The IP rights titled EP 1 857 122 B1, DE 20 2015 009 961 U1 relate to the development of mRNA, the compound behind the Pfizer (PFE)/ BioNTech (BNTX) COVID-19 vaccine.
Analysis Article May 29

Will CureVac (NASDAQ:CVAC) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article May 02

Analysts Are Betting On CureVac N.V. (NASDAQ:CVAC) With A Big Upgrade This Week

Celebrations may be in order for CureVac N.V. ( NASDAQ:CVAC ) shareholders, with the analysts delivering a significant...
Analysis Article Oct 28

A Look At The Intrinsic Value Of CureVac N.V. (NASDAQ:CVAC)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of CureVac N.V...
Seeking Alpha Sep 01

CureVac: Wait For Concrete News Before Investing

In the same way as Moderna and BioNTech, CureVac makes use of mRNA to develop COVID vaccines. However, in contrast to these two illustrious peers which are at commercialization stage, CureVac's first generation vaccine candidate has exhibited a much lower efficiency against infection. Following the August 31 update on CVnCoV, the biotech still makes for an investment case as it is developing a second generation vaccine and is also diversified on cancer cures. The cash position is also good. However, in view of past deceptions around efficacy, it is better to wait for concrete news before purchasing the stock.
Analysis Article Jun 13

An Intrinsic Calculation For CureVac N.V. (NASDAQ:CVAC) Suggests It's 31% Undervalued

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of CureVac N.V...

Shareholder Returns

CVACUS BiotechsUS Market
7D-19.2%1.2%1.6%
1Y50.2%35.1%28.2%

Return vs Industry: CVAC exceeded the US Biotechs industry which returned 19.1% over the past year.

Return vs Market: CVAC exceeded the US Market which returned 11.7% over the past year.

Price Volatility

Is CVAC's price volatile compared to industry and market?
CVAC volatility
CVAC Average Weekly Movement4.8%
Biotechs Industry Average Movement10.8%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: CVAC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CVAC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000904Alexander Zehnderwww.curevac.com

CureVac N.V., a biopharmaceutical company, focuses on developing various transformative medicines based on messenger ribonucleic acid (mRNA). The company’s portfolio includes clinical and preclinical candidates for various disease indications in prophylactic vaccines, oncology, and molecular therapy. It also delivers optimized mRNAs to stimulate the production of therapeutic proteins utilizing its technology and instructs human cells to produce or secrete specific proteins in the nucleus, cytoplasm, cellular organelles, and cell membrane.

CureVac N.V. Fundamentals Summary

How do CureVac's earnings and revenue compare to its market cap?
CVAC fundamental statistics
Market capUS$1.09b
Earnings (TTM)US$151.26m
Revenue (TTM)US$83.06m
6.1x
P/E Ratio
11.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVAC income statement (TTM)
Revenue€70.74m
Cost of Revenue€4.75m
Gross Profit€65.99m
Other Expenses-€62.83m
Earnings€128.82m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.57
Gross Margin93.29%
Net Profit Margin182.11%
Debt/Equity Ratio0%

How did CVAC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/17 14:26
End of Day Share Price 2025/12/17 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CureVac N.V. is covered by 4 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajan SharmaGoldman Sachs
Eun Kyung YangJefferies LLC
Roger SongJefferies LLC