Vir Biotechnology Inc

Vir Biotechnology Inc Stock Forecast & Price Prediction

Live Vir Biotechnology Inc Stock (VIR) Price
$7.74

0

Ratings

  • Buy 0
  • Hold 0
  • 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

$7.74

P/E Ratio

-1.69

Volume Traded Today

$836,000

Dividend

Dividends not available for VIR

52 Week High/low

13.09/7.12

Vir Biotechnology Inc Market Cap

$1.06B

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VIR Summary

The Vir Biotechnology Inc (VIR) share price is expected to increase by 337.47% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered VIR. Price targets range from $15 at the low end to $110 at the high end. The current analyst consensus for VIR is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

VIR Analyst Ratings

Vir Biotechnology Inc has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Vir Biotechnology Inc will perform worse than 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

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
Geoff Meacham
B of A Securities

Neutral

$14

Downgrade

Sep 8, 2023
Patrick Trucchio
HC Wainwright & Co.

Buy

$95

Maintains

Aug 7, 2023
Joseph Stringer
Needham

Buy

$22

Reiterates

Aug 4, 2023
Gena Wang
Barclays

Overweight

$41

Maintains

Jul 21, 2023
Michelle Gilson
Morgan Stanley

Equal-Weight

$15

Maintains

Jul 21, 2023

VIR Company Information

What They Do: Develops therapies for infectious diseases.

Business Model: Vir Biotechnology focuses on developing therapeutic products aimed at treating and preventing serious infectious diseases. The company generates revenue through collaborations, licensing agreements, and grants, partnering with organizations like the Bill & Melinda Gates Foundation and various pharmaceutical companies to advance its clinical pipeline.

Other Information: The company's pipeline includes product candidates for hepatitis delta virus, hepatitis B virus, and HIV, as well as preclinical candidates targeting influenza, RSV, and HPV. Established in 2016 and headquartered in San Francisco, Vir Biotechnology has formed multiple agreements to enhance its research and manufacturing capabilities, including collaborations with major industry players.
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

$1.06B

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 $78.9M
  • Operating Margin TTM -4,304.2%
  • Gross profit TTM $36.7M
  • Return on assets TTM -16.5%
  • Return on equity TTM -29.8%
  • Profit Margin 93.0%
  • Book Value Per Share 10.50%
  • Market capitalisation $1.06B
  • Revenue for 2021 $1.09B
  • Revenue for 2022 $1.58B
  • Revenue for 2023 $39.5M
  • EPS this year (TTM) $-3.58

Vir Biotechnology Inc (VIR) Latest News

News Image

Tue, 10 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Vir Biotechnology Inc. appointed Jason O'Byrne as Executive Vice President and CFO, effective October 2, 2024. He brings over 20 years of finance and operations experience.

Why It Matters - The appointment of a seasoned CFO can enhance financial strategy and operational efficiency at Vir Biotechnology, potentially impacting stock performance and investor confidence.

News Image

Mon, 09 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Vir Biotechnology has completed its exclusive license agreement with Sanofi for three clinical-stage T-cell engagers, enabling potential applications in cancer treatment.

Why It Matters - The closure of the licensing agreement boosts Vir Biotechnology's pipeline, potentially enhancing its market position and revenue from innovative cancer therapies, impacting stock performance.

News Image

Thu, 22 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Vir Biotechnology CEO Marianne De Backer will participate in a fireside chat at the Morgan Stanley Global Healthcare Conference on September 5 at 1:50 p.m. PT. A webcast will be available on the company's website.

Why It Matters - Marianne De Backer's participation in a major healthcare conference can signal potential strategic insights and future directions for Vir Biotechnology, impacting investor sentiment and stock performance.

News Image

Tue, 06 Aug 2024

Sentiment - NEUTRAL

Source - 24/7 Wall Street

Summary - Market pullbacks may deter investors from speculative industries, according to 24/7 Wall St. Insights.

Why It Matters - Market pullbacks can lead to increased caution among investors, potentially driving down demand and valuations in speculative industries, affecting investment strategies and portfolio performance.

News Image

Tue, 06 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Vir Biotechnology (VIR) has a consensus price target indicating a potential upside of 258.4%. Upward revisions in earnings estimates suggest possible near-term stock gains.

Why It Matters - A 258.4% upside potential indicates strong growth expectations for Vir Biotechnology (VIR), while rising earnings estimates suggest possible near-term stock price increases.

News Image

Thu, 01 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Vir Biotechnology, Inc. (NASDAQ:VIR) will host its Q2 2024 Earnings Conference Call on August 1, 2024, at 4:30 PM ET, featuring key executives and analysts from major firms.

Why It Matters - The earnings call provides insights into Vir Biotechnology's financial health and strategic direction, influencing investor sentiment and stock performance. Key participants indicate potential market impact and analysis.

...

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 $15 from Andrew Galler from Morgan Stanley

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