What is the stock price trajectory of CureVac N.V (CVAC)?

A share price of CureVac N.V [CVAC] is currently trading at $3.04, up 5.19%. An important factor to consider is whether the stock is rising or falling in short-term value. The CVAC shares have gain 5.92% over the last week, with a monthly amount glided 3.75%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

CureVac N.V [NASDAQ: CVAC] stock has seen the most recent analyst activity on April 25, 2024, when Leerink Partners downgraded its rating to a Market Perform and also revised its price target to $4 from $12. Previously, SVB Securities started tracking the stock with Outperform rating on June 08, 2023, and set its price target to $13. On January 19, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $18 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $21 on January 09, 2023. BofA Securities downgraded its rating to a Underperform and reduced its price target to $20 on January 21, 2022. JMP Securities started tracking with a Mkt Outperform rating for this stock on January 18, 2022, and assigned it a price target of $52. In a note dated October 22, 2021, Deutsche Bank initiated an Hold rating and provided a target price of $35 on this stock.

CureVac N.V experienced fluctuations in its stock price throughout the past year between $2.21 and $6.30. Currently, Wall Street analysts expect the stock to reach $29 within the next 12 months. CureVac N.V [NASDAQ: CVAC] shares were valued at $3.04 at the most recent close of the market. An investor can expect a potential return of 853.95% based on the average CVAC price forecast.

Analyzing the CVAC fundamentals

Trailing Twelve Months sales for CureVac N.V [NASDAQ:CVAC] were 595.81M which represents 2925.93% growth. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.21 and Total Capital is 0.17.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.84 points at the first support level, and at 2.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.16, and for the 2nd resistance point, it is at 3.29.

Ratios To Look Out For

To put it in perspective, the Current Ratio for CureVac N.V [NASDAQ:CVAC] is 6.20. On the other hand, the Quick Ratio is 6.19, and the Cash Ratio is 5.84. Considering the valuation of this stock, the price to sales ratio is 1.14, the price to book ratio is 0.84 and price to earnings (TTM) ratio is 5.60.

Transactions by insiders

Recent insider trading involved Pierre Kemula, affiliate, that happened on Sep 27 ’24 when 55.0 shares were purchased. affiliate, Pierre Kemula completed a deal on Sep 25 ’24 to buy 34000.0 shares.

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