Vir Biotechnology Inc (VIR) shares projected to rise by 304.86%

At the time of writing, Vir Biotechnology Inc [VIR] stock is trading at $4.94, down -4.82%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VIR shares have gain 7.16% over the last week, with a monthly amount drifted -19.28%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Vir Biotechnology Inc [NASDAQ: VIR] stock has seen the most recent analyst activity on January 29, 2024, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $9 from $23. Previously, BofA Securities downgraded its rating to Neutral on September 08, 2023, and dropped its price target to $14. On March 06, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $34 on the stock. Goldman upgraded its rating to a Buy and increased its price target to $53 on February 21, 2023. Morgan Stanley upgraded its rating to a Equal-Weight and raised its price target to $30 on January 27, 2023. SVB Leerink started tracking with a Outperform rating for this stock on September 14, 2022, and assigned it a price target of $40. In a note dated September 09, 2022, Morgan Stanley initiated an Underweight rating and provided a target price of $15 on this stock.

For the past year, the stock price of Vir Biotechnology Inc fluctuated between $4.32 and $14.45. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Vir Biotechnology Inc [NASDAQ: VIR] shares were valued at $4.94 at the most recent close of the market. An investor can expect a potential return of 304.86% based on the average VIR price forecast.

Analyzing the VIR fundamentals

According to Vir Biotechnology Inc [NASDAQ:VIR], the company’s sales were 20.86M for trailing twelve months, which represents an -94.62% plunge. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -30.81%, Pretax Profit Margin comes in at -29.51%, and Net Profit Margin reading is -29.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.44, Equity is -0.47 and Total Capital is -0.52. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.

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 4.74 points at the first support level, and at 4.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.11, and for the 2nd resistance point, it is at 5.29.

Ratios To Look Out For

It is important to note that Vir Biotechnology Inc [NASDAQ:VIR] has a current ratio of 6.79. Further, the Quick Ratio stands at 6.79, while the Cash Ratio is 1.99. Considering the valuation of this stock, the price to sales ratio is 32.74, the price to book ratio is 0.65.

Transactions by insiders

Recent insider trading involved De Backer Marianne, Chief Executive Officer, that happened on Apr 03 ’25 when 79712.0 shares were sold. Officer and Director, Marianne De Backer completed a deal on Apr 03 ’25 to buy 79712.0 shares. Meanwhile, EVP and General Counsel de Verneuil Vanina sold 7373.0 shares on Feb 26 ’25.

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