
CureVac N.V.
NASDAQ•CVAC
CEO: Dr. Alexander Zehnder M.B.A., M.D.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2020-08-14
CureVac N.V., a biopharmaceutical company, focuses on developing various transformative medicines based on messenger ribonucleic acid (mRNA). It is developing prophylactic vaccines, such as mRNA-based vaccine candidates CV2CoV, which is in Phase 1 clinical trial against SARS-CoV-2; CV7202 which is in Phase 1 clinical trial for the treatment of rabies; and CVSQIV to treat multivalent seasonal influenza; Flu SV mRNA fot treating nucleotides, single antigen seasonal influenza. The company develops CV8102, which is in Phase 1 clinical trial for treating melanoma and adenoidcystic carcinoma, as well as squamous cell cancer of skin, head, and neck; and CVGBM for treating cancer. CureVac N.V. was founded in 2000 and is headquartered in Tübingen, Germany.
Contact Information
Market Cap
$947.98M
P/E (TTM)
4.1
40.8
Dividend Yield
--
52W High
$5.72
52W Low
$2.48
52W Range
Rank71Top 96.3%
1.4
F-Score
Modified Piotroski Analysis
Based on 7-year fundamentals
Weak • 1.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2018-2024
Financial Dashboard
Q3 2025 Data
Revenue
$575.78M+0.00%
4-Quarter Trend
EPS
$1.75-0.66%
4-Quarter Trend
FCF
$0.00+0.00%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Significant Revenue and Profit Turnaround Revenue reached €535.18M in 2024, up 896% from €53.8M; achieved Net Profit of €162.19M after prior losses.
Strong Cash Position Maintained Cash and equivalents totaled €481.75M as of December 31, 2024, supporting operations through at least 2028.
Oncology Candidate Shows Promise CVGBM Phase 1 data showed 77% of evaluable patients achieved cancer antigen-specific T-cell responses.
Risk Factors
Continued Operating Losses Expected Accumulated deficit reached €1.404B; expects continued losses despite 2024 profit, requiring substantial future financing.
Clinical Trial Data Uncertainty Preliminary clinical trial data are subject to audit and verification, potentially causing material changes to final results.
Intellectual Property Litigation Risk Ongoing, expensive patent litigation with BioNTech, including adverse rulings like one patent revocation in Germany.
Manufacturing Complexity Risks Complex mRNA manufacturing processes face risks from contamination, supply chain issues, and scaling difficulties.
Outlook
Advance UPEC Program to Clinic Expect filing IND application for UPEC UTI candidate in H2 2025, aiming to initiate Phase 1 study in H1 2026.
Focus on High-Value Pipeline Strategic restructuring aims to increase efficiency, focusing capital resources on high-value mRNA projects in oncology and infectious diseases.
CVGBM Phase 2 Decision Pending Initial data readout and decision on advancing CVGBM oncology program to Phase 2 expected in the second half of 2025.
Peer Comparison
Revenue (TTM)
NVAX$1.06B
CVAC$567.03M
ARDX$398.23M
Gross Margin (Latest Quarter)
100.0%
IMNM100.0%
ARDX98.8%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| NUVB | $3.19B | -15.0 | -55.0% | 1.7% |
| WVE | $2.87B | -24.7 | -72.9% | 76.4% |
| IMNM | $1.99B | -9.0 | -87.4% | 1.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
234.2%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Research & Insights
Next earnings:Apr 9, 2026
EPS:-$0.08
|Revenue:-
Reports
All Years
Form 20-F - FY 2024
Period End: Dec 31, 2024|Filed: Apr 11, 2025|Revenue: $578.95M+895.5%|EPS: $0.78+161.0%BeatForm 20-F - FY 2023
Period End: Dec 31, 2023|Filed: Apr 25, 2024|Revenue: $58.15M-20.3%|EPS: $-1.28+10.6%MissForm 20-F/A - FY 2022
Period End: Dec 31, 2022|Filed: Oct 12, 2023|Revenue: $71.64M-34.5%|EPS: $-1.40+40.3%MissForm 20-F - FY 2022
Period End: Dec 31, 2022|Filed: Apr 25, 2023|Refer to amended dataForm 20-F - FY 2021
Period End: Dec 31, 2021|Filed: Apr 28, 2022|Revenue: $121.78M+110.6%|EPS: $-2.61-125.5%MissForm 20-F - FY 2020
Period End: Dec 31, 2020|Filed: Apr 27, 2021|Revenue: $55.77M+180.8%|EPS: $-1.12-84.9%Meet