CVAC Chart
About

As of December 18, 2025, CureVac N.V. was acquired by BioNTech SE. 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. In addition, the company offers The RNA Printer, a downsized, integrated, and highly automated process for manufacturing of mRNA vaccines and therapeutics. Further, it develops prophylactic vaccine lead candidate that addresses urinary tract infections targeting uropathogenic E. coli (UPEC) bacteria; vaccine candidates CV0601 and CV0701, which are in phase 2 clinical study against SARS-CoV-2; vaccines for off-the-shelf and fully personalized cancer precision immunotherapies in oncology; and CVGBM for treating cancer. Additionally, the company develops, manufactures, and commercializes mRNA vaccines targeting SARS-CoV-2 variants; antigen cancer precision immunotherapy candidate that targets squamous non-small cell lung cancer; and antigen cancer precision immunotherapy candidate CVGBM that is tested in patients with surgically resected MGMT-unmethylated glioblastoma or astrocytoma with a molecular signature of glioblastoma. CureVac N.V. was incorporated in 2000 and is headquartered in Tübingen, Germany.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 1.05B
Enterprise Value 462.19M Income 128.82M Sales 70.74M
Book/sh 5.63 Cash/sh 2.30 Dividend Yield —
Payout 0.00% Employees 825 IPO Aug 14, 2020
P/E 6.96 Forward P/E -8.02 PEG —
P/S 14.83 P/B 0.83 P/C —
EV/EBITDA 2.39 EV/Sales 6.53 Quick Ratio 1.88
Current Ratio 3.70 Debt/Eq 4.03 LT Debt/Eq —
EPS (ttm) 0.67 EPS next Y -0.58 EPS Growth 24.00%
Revenue Growth -89.00% Earnings 2026-04-09 ROA —
ROE — ROIC — Gross Margin 93.29%
Oper. Margin 5.73% Profit Margin 182.11% Shs Outstand 225.17M
Shs Float 180.77M Short Float 0.49% Short Ratio 0.32
Short Interest — 52W High 5.72 52W Low 2.48
Beta 1.84 Avg Volume 1.24M Volume 728.78K
Target Price — Recom None Prev Close $4.66
Price $4.66 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$4.66
Latest analyst target
3. DCF / Fair value
$10.05
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$4.66
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-06-26 down UBS Buy → Neutral $6
2025-06-13 down Jefferies Buy → Hold $5
2025-05-28 reit JMP Securities Market Outperform → Market Outperform $10
2025-04-30 main UBS Buy → Buy $12
2025-02-14 reit JMP Securities Market Outperform → Market Outperform $16
2024-09-16 reit JMP Securities Market Outperform → Market Outperform $16
2024-08-16 main JMP Securities Market Outperform → Market Outperform $16
2024-07-03 reit JMP Securities Market Outperform → Market Outperform $18
2024-04-25 down Leerink Partners Outperform → Market Perform $4
2024-04-05 reit Guggenheim — → Neutral —
2021-04-26 init Guggenheim — → Buy —
2020-12-10 down Credit Suisse Neutral → Underperform —
2020-09-08 init B of A Securities — → Buy $70
2020-09-08 init Jefferies — → Hold $58
2020-09-08 init Credit Suisse — → Neutral $68
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems126.58K-302.50K439.460.00
TaxRateForCalcs0.150.250.000.00
NormalizedEBITDA208.85M-235.37M-223.98M-386.49M
TotalUnusualItems842.00K-1.21M869.00K0.00
TotalUnusualItemsExcludingGoodwill842.00K-1.21M869.00K0.00
NetIncomeFromContinuingOperationNetMinorityInterest162.19M-260.17M-249.03M-411.72M
ReconciledDepreciation18.81M23.39M23.74M15.67M
ReconciledCostOfRevenue94.83M114.80M171.61M231.50M
EBITDA209.69M-236.58M-223.12M-386.49M
EBIT190.88M-259.97M-246.86M-402.16M
NetInterestIncome12.36M15.45M-567.00K-235.00K
InterestExpense0.000.002.30M10.34M
InterestIncome12.36M15.41M1.73M10.10M
NormalizedIncome161.47M-259.26M-249.90M-411.72M
NetIncomeFromContinuingAndDiscontinuedOperation162.19M-260.17M-249.03M-411.72M
TotalExpenses357.50M327.96M316.88M515.25M
TotalOperatingIncomeAsReported177.68M-274.21M-249.46M-412.26M
DilutedAverageShares225.27M220.91M189.07M186.01M
BasicAverageShares224.38M220.91M189.07M186.01M
DilutedEPS0.72-1.18-1.32-2.21
BasicEPS0.72-1.18-1.32-2.21
DilutedNIAvailtoComStockholders162.19M-260.17M-249.03M-411.72M
NetIncomeCommonStockholders162.19M-260.17M-249.03M-411.72M
NetIncome162.19M-260.17M-249.03M-411.72M
NetIncomeIncludingNoncontrollingInterests162.19M-260.17M-249.03M-411.72M
NetIncomeContinuousOperations162.19M-260.17M-249.03M-411.72M
TaxProvision28.70M198.00K-126.00K-782.00K
PretaxIncome190.88M-259.97M-249.16M-412.50M
OtherIncomeExpense842.00K-1.21M869.00K
SpecialIncomeCharges2.06M1.40M0.00
GainOnSaleOfPPE1.20M785.00K0.00
OtherSpecialCharges-860.00K-610.00K
GainOnSaleOfSecurity842.00K-1.21M869.00K
NetNonOperatingInterestIncomeExpense12.36M15.45M-567.00K-235.00K
TotalOtherFinanceCost-37.00K1.00K
InterestExpenseNonOperating0.000.002.30M10.34M
InterestIncomeNonOperating12.36M15.41M1.73M10.10M
OperatingIncome177.68M-274.21M-249.46M-412.26M
OperatingExpense251.67M203.60M132.88M277.06M
OtherOperatingExpenses30.00M-2.44M-30.81M-636.69M
DepreciationAmortizationDepletionIncomeStatement7.81M13.82M11.36M8.98M
DepreciationAndAmortizationInIncomeStatement7.81M13.82M11.36M8.98M
ResearchAndDevelopment153.03M115.72M62.55M815.91M
SellingGeneralAndAdministration60.82M76.50M89.78M88.86M
SellingAndMarketingExpense4.45M3.91M2.82M287.00K
GeneralAndAdministrativeExpense56.38M72.58M86.97M88.57M
OtherGandA34.03M43.59M50.20M49.81M
SalariesAndWages22.35M29.00M36.77M38.76M
GrossProfit429.35M-70.61M-116.57M-135.21M
CostOfRevenue105.83M124.37M183.99M238.19M
TotalRevenue535.18M53.76M67.42M102.99M
OperatingRevenue535.18M53.76M67.42M102.99M
Line Item2021-12-31
TreasurySharesNumber168.32K
OrdinarySharesNumber224.34M223.99M194.95M187.12M
ShareIssued224.34M223.99M194.95M187.29M
TotalDebt38.97M41.82M42.09M28.89M
TangibleBookValue671.45M488.60M501.48M675.24M
InvestedCapital696.61M516.94M533.25M688.48M
WorkingCapital454.07M291.99M427.80M582.28M
NetTangibleAssets671.45M488.60M501.48M675.24M
CapitalLeaseObligations38.97M41.82M42.09M28.89M
CommonStockEquity696.61M516.94M533.25M688.48M
TotalCapitalization696.61M516.94M533.25M688.48M
TotalEquityGrossMinorityInterest696.61M516.94M533.25M688.48M
StockholdersEquity696.61M516.94M533.25M688.48M
GainsLossesNotAffectingRetainedEarnings2.07B2.06B1.82B1.73B
OtherEquityAdjustments2.07B2.06B1.82B1.73B
ForeignCurrencyTranslationAdjustments-67.00K-139.00K-34.00K
TreasuryStock0.000.001.48M5.82M
RetainedEarnings-1.40B-1.57B-1.31B-1.06B
CapitalStock26.92M26.88M23.40M22.45M
CommonStock26.92M26.88M23.40M22.45M
TotalLiabilitiesNetMinorityInterest106.22M271.31M327.22M469.77M
TotalNonCurrentLiabilitiesNetMinorityInterest33.87M84.92M170.99M112.03M
OtherNonCurrentLiabilities19.00K264.00K
NonCurrentDeferredLiabilities227.00K48.10M72.55M86.34M
NonCurrentDeferredRevenue0.0048.10M72.55M86.34M
NonCurrentDeferredTaxesLiabilities227.00K0.00
LongTermDebtAndCapitalLeaseObligation33.64M36.82M37.11M25.42M
LongTermCapitalLeaseObligation33.64M36.82M37.11M25.42M
LongTermProvisions61.32M
CurrentLiabilities72.35M186.39M156.22M357.73M
OtherCurrentLiabilities18.42M40.17M34.98M42.13M
CurrentDeferredLiabilities0.0044.58M36.78M58.92M
CurrentDeferredRevenue0.0044.58M36.78M58.92M
CurrentDebtAndCapitalLeaseObligation5.32M5.00M4.98M3.47M
CurrentCapitalLeaseObligation5.32M5.00M4.98M3.47M
PensionandOtherPostRetirementBenefitPlansCurrent11.13M10.54M7.78M7.21M
CurrentProvisions1.96M37.40M1.92M122.04M
PayablesAndAccruedExpenses35.53M48.69M69.78M123.96M
Payables35.53M48.69M69.78M123.96M
OtherPayable38.00K
TotalTaxPayable18.25M654.00K1.53M1.66M
IncomeTaxPayable18.25M654.00K610.00K739.00K
AccountsPayable17.27M48.03M68.25M122.26M
TotalAssets802.83M788.25M860.47M1.16B
TotalNonCurrentAssets276.41M309.87M276.44M218.22M
OtherNonCurrentAssets1.51M1.71M1.67M1.00K
NonCurrentPrepaidAssets1.36M1.22M
NonCurrentDeferredAssets5.09M1.19M1.30M2.86M
NonCurrentDeferredTaxesAssets5.09M1.19M1.30M2.86M
NonCurrentAccountsReceivable302.00K515.00K
GoodwillAndOtherIntangibleAssets25.15M28.34M31.78M13.24M
OtherIntangibleAssets12.69M15.88M19.32M13.24M
Goodwill12.46M12.46M12.46M0.00
NetPPE244.65M278.62M241.70M200.39M
AccumulatedDepreciation-78.53M-37.42M-29.57M-47.02M
GrossPPE323.19M316.05M271.27M247.41M
Leases37.84M39.57M41.18M31.55M
ConstructionInProgress183.65M178.99M138.46M124.54M
OtherProperties1.60M1.95M2.30M440.00K
MachineryFurnitureEquipment71.91M68.00M62.86M63.61M
BuildingsAndImprovements28.20M27.54M26.47M27.27M
Properties0.000.000.000.00
CurrentAssets526.41M478.38M584.03M940.02M
OtherCurrentAssets5.21M5.46M5.34M8.29M
AssetsHeldForSaleCurrent1.60M2.42M10.47M0.00
PrepaidAssets792.00K1.07M4.51M5.72M
Inventory541.00K24.80M23.99M56.16M
FinishedGoods0.00
RawMaterials541.00K24.80M23.99M56.16M
Receivables32.90M39.51M39.44M53.74M
OtherReceivables7.53M7.10M8.30M
TaxesReceivable11.29M18.08M24.84M35.23M
AccountsReceivable14.08M14.33M6.29M18.50M
CashCashEquivalentsAndShortTermInvestments485.37M405.11M500.28M816.11M
OtherShortTermInvestments3.62M2.66M4.49M4.65M
CashAndCashEquivalents481.75M402.45M495.80M811.46M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow83.41M-323.09M-379.40M-861.03M
RepurchaseOfCapitalStock-30.91M
RepaymentOfDebt-5.11M-5.19M-4.22M-28.18M
IssuanceOfDebt0.000.00
IssuanceOfCapitalStock0.00235.84M66.48M404.06M
CapitalExpenditure-18.44M-55.20M-93.22M-127.90M
EndCashPosition481.75M402.45M495.80M811.46M
BeginningCashPosition402.45M495.80M811.46M1.32B
EffectOfExchangeRateChanges1.00M-1.15M836.00K4.94M
ChangesInCash78.29M-92.19M-316.50M-516.07M
FinancingCashFlow-5.11M230.89M63.17M344.96M
CashFlowFromContinuingFinancingActivities-5.11M230.89M63.17M344.96M
ProceedsFromStockOptionExercised0.00246.00K910.00K3.19M
NetCommonStockIssuance0.00235.84M66.48M373.15M
CommonStockPayments-30.91M
CommonStockIssuance0.00235.84M66.48M404.06M
NetIssuancePaymentsOfDebt-5.11M-5.19M-4.22M-28.18M
NetLongTermDebtIssuance-5.11M-5.19M-4.22M-28.18M
LongTermDebtPayments-5.11M-5.19M-4.22M-28.18M
LongTermDebtIssuance0.000.00
InvestingCashFlow-18.44M-55.20M-93.50M-127.90M
CashFlowFromContinuingInvestingActivities-18.44M-55.20M-93.50M-127.90M
NetInvestmentPurchaseAndSale0.000.00
SaleOfInvestment0.00
PurchaseOfInvestment0.000.00
NetBusinessPurchaseAndSale0.000.00-277.00K0.00
PurchaseOfBusiness0.000.00-277.00K0.00
NetIntangiblesPurchaseAndSale-4.13M-2.88M-5.20M-3.68M
PurchaseOfIntangibles-4.13M-2.88M-5.20M-3.68M
NetPPEPurchaseAndSale-14.31M-52.32M-88.02M-124.22M
PurchaseOfPPE-14.31M-52.32M-88.02M-124.22M
OperatingCashFlow101.85M-267.89M-286.18M-733.13M
CashFlowFromContinuingOperatingActivities101.85M-267.89M-286.18M-733.13M
TaxesRefundPaid-3.15M-3.89M-128.00K-502.00K
InterestReceivedCFO11.07M15.85M1.79M81.00K
InterestPaidCFO-2.33M-2.38M-4.61M-9.79M
ChangeInWorkingCapital-163.96M-94.13M-184.36M-69.55M
ChangeInOtherWorkingCapital-35.44M-25.84M-58.80M-1.58M
ChangeInOtherCurrentLiabilities0.000.00-20.00K
ChangeInOtherCurrentAssets1.34M0.000.00
ChangeInPayablesAndAccruedExpense-140.58M-30.10M-96.18M179.32M
ChangeInPayable-140.58M-30.10M-96.18M179.32M
ChangeInAccountPayable-140.58M-30.10M-96.18M179.32M
ChangeInPrepaidAssets16.49M8.97M-3.12M
ChangeInInventory590.00K-47.94M-47.85M-227.46M
ChangeInReceivables11.47M9.75M18.47M-16.68M
ChangesInAccountReceivables11.47M9.75M18.47M-16.68M
OtherNonCashItems-13.20M-14.24M-302.00K-480.74M
StockBasedCompensation4.12M7.70M9.19M14.96M
ProvisionandWriteOffofAssets-25.84M-58.80M0.00
AssetImpairmentCharge58.97M56.31M105.68M208.64M
DepreciationAmortizationDepletion18.81M23.39M23.74M15.67M
DepreciationAndAmortization18.81M23.39M23.74M15.67M
OperatingGainsLosses646.00K3.48M11.98M587.00K
GainLossOnSaleOfPPE3.48M11.98M587.00K
NetIncomeFromContinuingOperations190.88M-259.97M-249.16M-412.50M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for CVAC
Date User Asset Broker Type Position Size Entry Price Patterns