BNTX · NASDAQ · Biotechnology

BioNTech (ADR) (BNTX)

Develops oncology medicines while commercializing the Pfizer-partnered Comirnaty vaccine.

$98.12
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BioNTech SEBNTX
Health Care

Markets Pfizer-partnered Comirnaty, its only commercial medicine, while developing oncology candidates across immunomodulators, antibody-drug conjugates and mRNA cancer immunotherapies. Revenue remains tied to COVID-19 vaccine demand, and expansion beyond it depends on clinical results, regulatory approvals, collaborators and commercialization.

Markets Comirnaty, the Pfizer-partnered COVID-19 vaccine and its only approved commercial medicine, while developing cancer treatments across immunomodulators, antibody-drug conjugates and mRNA immunotherapies. Based in Mainz, the commercial business is anchored in a global collaboration, while oncology candidates remain investigational.

Capabilities span immunology, computational design and manufacturing, built from an oncology-focused research base and expanded through acquisitions. The same mRNA platform that supported Project Lightspeed now sits within a broader multi-platform development portfolio.

Revenue remains heavily dependent on declining COVID-19 vaccine demand. Expansion beyond that product depends on clinical outcomes, regulatory approvals, collaborator execution, manufacturing capacity and successful commercialization, while a founder-management transition and manufacturing consolidation are underway.

Company facts

CEOProf. Uğur Şahin, M.D.
ListedOct 10, 2019
ExchangeNASDAQ
HeadquartersMainz, Germany
CountryGermany
Employees7,807
CIK0001776985
ISINUS09075V1026

Market cap$24.62B
EPS (ttm)−$7.72
P/E (ttm)−12.70
ROE-9.1%
P/B1.21
P/S8.12
Dividend yieldDiv yield
Beta0.94vs XLV 0.98

Price target$127.00+29.6%Average of 24 analysts
ConsensusBuy20 of 24 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 16, 2026Berenberg BankTarget
Target: $155
Target: $140
Sep 8, 2026BMO CapitalDowngrade
Rating: OutperformTarget: $128
Rating: Market PerformTarget: $105
Aug 31, 2026Canaccord GenuityReiterate
Rating: Target: $142
Rating: BuyTarget: $136
Aug 5, 2026Canaccord GenuityTarget
Target: $158
Target: $142
Jul 8, 2026Morgan StanleyReiterate
Rating: Target: $126
Rating: OverweightTarget: $119

Next report
Nov 3, 26
in 42 days
EPS estimate
$0.85
Revenue estimate
$1.21B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$1.15−$1.82−$1.82−$0.14−$1.44−$2.43−$3.70Pending
Estimate$0.46−$2.48−$2.69−$1.12−$0.22−$2.54−$2.40$0.85
Surprise+148.7%+26.5%+32.3%+87.5%−556.7%+4.4%−54.3%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$1.23B$200.4M$307.1M$1.78B$1.07B$136.4M$120.6MPending
Estimate$1.18B$215.1M$177.8M$843.7M$902.3M$207.4M$180.2M$1.21B
Surprise+4.4%−6.8%+72.7%+110.9%+18.1%−34.2%−33.1%
Estimate$0.85
ReportedDue Nov 3, 2026
Estimate$1.21B
ReportedDue Nov 3, 2026
View details

Debt to equity1.80%
Current ratio784.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.43B$1.36B$209.4M$298.8M$1.74B$1.03B$137.5M$121.0M
Net income$226.9M$297.3M−$476.3M−$442.9M−$32.9M−$346.1M−$619.4M−$940.3M
Net margin15.9%21.8%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$12.0M$170.2M−$611.9M−$574.1M−$53.7M−$264.2M−$769.8M−$1.09B
YoY growth−85.6%−71.8%Loss widenedLoss narrowedTurned lossTurned lossLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $11.15B · Total debt $362.0M · Total assets $23.29B · Shareholders' equity $20.33B

Revenue
$121.0M
Operating income
−$1.09B
Net income
−$940.3M

Reported in EUR, converted at the latest exchange rate

View details

Dividend yield
Next ex-date
Annual dividend
Schedule

HistoryDividendAnnual yield

Jun '22
Dividend$2.111
Annual yield1.33%
Ex-dateJun 2
Payment dateJun 17
View details

Institutions≈ 18.60%46.73M ADS
318 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders56.90%142.95M ADS
8 holders · as of Sep 18, 2026
Other≈ 24.50%61.53M ADS
remainder

251.20M ADS as of Aug 25, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Mar 2025 annual report; nothing newer is on file here.

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Athos KgInsider
40.49%101.70Mfiled May 14, 2026
Ugur SahinInsider10 percent owner, officer: Chief Executive Officer
15.81%39.71M ordinaryfiled Sep 18, 2026
MIG Verwaltungs AGInstitution
5.40%13.56Mfiled Feb 14, 2020
FMR LLCInstitution
3.01%7.57M ADSas of Jun 30, 2026
Primecap Management Co/CA/Institution
1.50%3.77M ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 18, 2026Ugur Sahin10 percent owner, officer: Chief Executive Officer−30,000$96.22
Sep 17, 2026Ugur Sahin10 percent owner, officer: Chief Executive Officer−34,000$98.60
Sep 16, 2026Ugur Sahin10 percent owner, officer: Chief Executive Officer−15,000$96.09
Sep 15, 2026Ugur Sahin10 percent owner, officer: Chief Executive Officer−34,000$96.49
Sep 14, 2026Ugur Sahin10 percent owner, officer: Chief Executive Officer−41,000$99.45
View details

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Compare

CompanyPriceChange
BioNTech (ADR)$98.12+0.12%$24.62B8.1−60.7%
Moderna$171.67−0.74%$68.62B30.8+2.1%
Merck$148.13−0.92%$369.24B119.617.25.6+5.1%
AstraZeneca (ADR)$166.92−0.70%$260.70B25.215.74.2+6.4%
Summit Therapeutics$17.08+1.07%$13.48B
Novavax$10.29−1.19%$1.71B4.1−76.3%
Median72.416.44.9+3.6%