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To own BioNTech today, you need to believe the company can convert its broad oncology pipeline into meaningful, non COVID revenue while managing ongoing losses. The Fast Track designation for BNT113 slightly strengthens the near term oncology catalyst, but it does not remove the central risk that heavy R&D spending and uncertain late stage outcomes could keep BioNTech unprofitable for longer.
Among the recent updates, the FDA’s Fast Track status for BNT113 is most directly relevant. It can help accelerate development timelines and regulatory interactions for this HPV16 positive head and neck cancer program, which matters given how dependent the investment case is on successful oncology launches. However, Fast Track does not guarantee approval or commercial success, so the core execution and clinical risk for BioNTech’s oncology portfolio remains.
Yet even with BNT113’s Fast Track boost, investors should be aware that heavy R&D spending and delayed oncology revenues could still...
Read the full narrative on BioNTech (it's free!)
BioNTech's narrative projects €2.8 billion revenue and €398.3 million earnings by 2028. This assumes revenues decline by 0.8% per year and an earnings increase of about €743 million from €-344.8 million today.
Uncover how BioNTech's forecasts yield a $139.98 fair value, a 30% upside to its current price.
While Fast Track status for BNT113 supports the oncology story, the most pessimistic analysts were expecting revenue to fall about 18 percent a year and no profits before 2029, so this news may or may not shift that view meaningfully.
Explore 5 other fair value estimates on BioNTech - why the stock might be worth as much as 62% more than the current price!
Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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