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Vir Biotechnology Inc

Vir Biotechnology Inc Stock Forecast & Price Prediction

Live Vir Biotechnology Inc Stock (VIR) Price
$8.72

9

Ratings

  • Buy 6
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$8.72

P/E Ratio

-1.90

Volume Traded Today

$853,300

Dividend

Dividends not available for VIR

52 Week High/low

13.09/6.56

Vir Biotechnology Inc Market Cap

$1.20B

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VIR Summary

The Vir Biotechnology Inc (VIR) share price is expected to increase by 238.3% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered VIR. Price targets range from $10 at the low end to $110 at the high end. The current analyst consensus for VIR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

VIR Analyst Ratings

Vir Biotechnology Inc has a total of 9 Wall St Analyst ratings. There are 6 buy ratings, 3 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Vir Biotechnology Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

VIR stock forecast by analyst

These are the latest 20 analyst ratings of VIR.

Analyst/Firm

Rating

Price Target

Change

Date

Patrick Trucchio
HC Wainwright & Co.

Buy

$110

Reiterates

Nov 20, 2024
Joseph Stringer
Needham

Buy

$19

Reiterates

Nov 20, 2024
Patrick Trucchio
HC Wainwright & Co.

Buy

$110

Reiterates

Nov 4, 2024
Gena Wang
Barclays

Overweight

$26

Maintains

Nov 4, 2024
Joseph Stringer
Needham

Buy

$19

Reiterates

Nov 1, 2024
Patrick Trucchio
HC Wainwright & Co.

Buy

$110

Reiterates

Aug 20, 2024
Gena Wang
Barclays

Overweight

$28

Maintains

Aug 2, 2024
Michelle Gilson
Morgan Stanley

Equal-Weight

$15

Maintains

Jun 6, 2024
Patrick Trucchio
HC Wainwright & Co.

Buy

$110

Reiterates

Jun 5, 2024
Joseph Stringer
Needham

Buy

$19

Maintains

Jun 5, 2024
Patrick Trucchio
HC Wainwright & Co.

Buy

$110

Reiterates

May 24, 2024
Patrick Trucchio
HC Wainwright & Co.

Buy

$110

Reiterates

May 7, 2024
Eric Joseph
JP Morgan

Neutral

$12

Maintains

May 3, 2024
Joseph Stringer
Needham

Buy

$15

Reiterates

May 3, 2024
Patrick Trucchio
HC Wainwright & Co.

Buy

$110

Reiterates

Mar 15, 2024
Eric Joseph
JP Morgan

Neutral

$10

Maintains

Feb 23, 2024
Patrick Trucchio
HC Wainwright & Co.

Buy

$110

Maintains

Feb 14, 2024
Eric Joseph
JP Morgan

Neutral

$9

Downgrade

Jan 29, 2024
Patrick Trucchio
HC Wainwright & Co.

Buy

$85

Maintains

Jan 23, 2024
Joseph Stringer
Needham

Buy

$15

Maintains

Nov 3, 2023

VIR Company Information

What They Do: Develops therapeutics for serious infectious diseases.

Business Model: The company focuses on developing innovative immunology products aimed at treating and preventing various infectious diseases. It generates revenue through collaboration and licensing agreements with notable organizations, including the Bill & Melinda Gates Foundation and pharmaceutical companies, while also exploring manufacturing partnerships.

Other Information: Vir Biotechnology has a diverse clinical development pipeline that includes candidates targeting significant viruses such as hepatitis B, HIV, and multiple respiratory viruses. Established in 2016 and based in San Francisco, the company has formed strategic alliances to enhance its research capabilities and expand its market reach.
VIR
Vir Biotechnology Inc (VIR)

When did it IPO

2019

Staff Count

587

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Dr. Marianne De Backer M.B.A., M.Sc., Ph.D.

Market Cap

$1.20B

Vir Biotechnology Inc (VIR) Financial Data

In 2023, VIR generated $39.5M in revenue, which was a decrease of -97.50% from the previous year. This can be seen as a signal that VIR's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$67.2M

Revenue From 2021

$1.09B

1,516.58 %
From Previous Year

Revenue From 2022

$1.58B

45.39 %
From Previous Year

Revenue From 2023

$39.5M

-97.50 %
From Previous Year
  • Revenue TTM $78.6M
  • Operating Margin TTM -9,184.5%
  • Gross profit TTM $36.7M
  • Return on assets TTM -19.4%
  • Return on equity TTM -36.6%
  • Profit Margin 93.0%
  • Book Value Per Share 9.08%
  • Market capitalisation $1.20B
  • Revenue for 2021 $1.09B
  • Revenue for 2022 $1.58B
  • Revenue for 2023 $39.5M
  • EPS this year (TTM) $-3.93

Vir Biotechnology Inc (VIR) Latest News

News Image

Tue, 03 Dec 2024

Sentiment - POSITIVE

Source - Investors Business Daily

Summary - Janux Therapeutics shares surged following "unprecedented" results from an experimental prostate cancer treatment, indicating strong potential for the company's product.

Why It Matters - Janux Therapeutics' significant stock surge reflects strong investor confidence due to promising experimental results, potentially impacting future revenue and market position in cancer treatment.

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Vir Biotechnology will host a virtual investor event on January 8, 2025, to discuss initial data on T-cell engagers targeting HER2 and PSMA, along with updates on the PRO-XTENâ„¢ platform.

Why It Matters - Vir Biotechnology's upcoming event on initial data for promising cancer treatments could impact stock performance and investor sentiment, indicating potential growth and innovation in the biotech sector.

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Vir Biotechnology Inc. CEO Marianne De Backer will participate in a fireside chat at the Evercore ISI HealthCONx Conference on December 3 at 6:10 a.m. PT. Webcast available on their website.

Why It Matters - Marianne De Backer's participation in the conference indicates potential updates on Vir Biotechnology's strategy and performance, influencing investor sentiment and stock movement.

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Vir Biotechnology received a positive opinion from the EMA for orphan drug designation of tobevibart and elebsiran for chronic hepatitis delta, based on promising Phase 2 trial data.

Why It Matters - The positive opinion from the EMA for orphan drug designation can enhance Vir Biotechnology's market potential and attract investment, signaling promise in treating chronic hepatitis delta.

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Vir Biotechnology announced positive results from its SOLSTICE Phase 2 trial for tobevibart, showing 100% virologic response in chronic hepatitis delta patients.

Why It Matters - Positive Phase 2 trial results for Vir Biotechnology's treatment could lead to significant market opportunities in chronic hepatitis delta, potentially boosting stock value and investor confidence.

News Image

Fri, 15 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Vir Biotechnology reported positive end-of-treatment results from its MARCH Phase 2 study on hepatitis B treatments, showing promising HBsAg loss in patients with low baseline levels.

Why It Matters - Promising clinical results for Vir Biotechnology's hepatitis B treatment could boost investor confidence, indicating potential market success and increased revenue opportunities.

...

VIR Frequently asked questions

The highest forecasted price for VIR is $110 from Patrick Trucchio at HC Wainwright & Co..

The lowest forecasted price for VIR is $10 from Eric Joseph from JP Morgan

The VIR analyst ratings consensus are 6 buy ratings, 3 hold ratings, and 0 sell ratings.