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How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
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How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
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Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Biden To Unleash "Choke Point" Operation On America? (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Biden To Unleash "Choke Point" Operation On America? (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Biden To Unleash "Choke Point" Operation On America? (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
NASDAQ:MRVI

Maravai LifeSciences (MRVI) Stock Forecast, Price & News

$13.33
+0.16 (+1.21%)
(As of 06/2/2023 ET)
Compare
Today's Range
$13.14
$13.57
50-Day Range
$12.09
$15.00
52-Week Range
$11.59
$33.81
Volume
1.57 million shs
Average Volume
4.78 million shs
Market Capitalization
$3.35 billion
P/E Ratio
11.59
Dividend Yield
N/A
Price Target
$19.80

Maravai LifeSciences MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
48.5% Upside
$19.80 Price Target
Short Interest
Bearish
6.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.23
Upright™ Environmental Score
News Sentiment
0.72mentions of Maravai LifeSciences in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
33.33%
From $0.30 to $0.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.71 out of 5 stars

Medical Sector

68th out of 983 stocks

Pharmaceutical Preparations Industry

26th out of 486 stocks


MRVI stock logo

About Maravai LifeSciences (NASDAQ:MRVI) Stock

Maravai LifeSciences Holdings, Inc., a life sciences company, provides products to enable the development of drug therapies, diagnostics, novel vaccines, and support research on human diseases in the United States and internationally. The company's products address the key phases of biopharmaceutical development and include nucleic acids for diagnostic and therapeutic applications, antibody-based products to detect impurities during the production of biopharmaceutical products, and products to detect the expression of proteins in tissues of various species. It operates in two segments, Nucleic Acid Production and Biologics Safety Testing. The Nucleic Acid Production segment manufactures and sells products for use in the fields of gene therapy, nucleoside chemistry, oligonucleotide therapy, and molecular diagnostics, including reagents used in the chemical synthesis, modification, labelling, and purification of deoxyribonucleic acid (DNA) and ribonucleic acid (RNA). This segment also offers messenger RNA, oligonucleotides, and oligonucleotide building blocks, as well as plasmid DNA and CleanCap capping technology. The Biologics Safety Testing segment sells analytical products for use in biologic manufacturing process development, including custom product-specific development antibody and assay development services. This segment also provides HCP ELISA kits, other bioprocess impurity and contaminant ELISA kits, ancillary reagents, and custom services. The company serves biopharmaceutical companies, and other biopharmaceutical and life sciences research companies; and academic research institutions and in vitro diagnostics companies. Maravai LifeSciences Holdings, Inc. was incorporated in 2020 and is headquartered in San Diego, California.

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MRVI Stock News Headlines

Maravai LifeSciences (NASDAQ:MRVI) Shares Down 6%
How A.I. Could Make Most 21st Century Diseases EXTINCT
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
How A.I. Could Make Most 21st Century Diseases EXTINCT
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
Maravai LifeSciences (NASDAQ:MRVI) Trading Down 2.7%
RBC Capital Remains a Buy on Maravai Lifesciences Holdings (MRVI)
Maravai LifeSciences (NASDAQ:MRVI) PT Lowered to $23.00
See More Headlines

MRVI Price History

MRVI Company Calendar

Last Earnings
5/08/2023
Today
6/03/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:MRVI
Fax
N/A
Employees
470
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.80
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+48.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$220.21 million
Pretax Margin
52.96%

Debt

Sales & Book Value

Annual Sales
$883 million
Cash Flow
$1.98 per share
Book Value
$3.59 per share

Miscellaneous

Free Float
250,707,000
Market Cap
$3.35 billion
Optionable
Not Optionable
Beta
-0.23

Key Executives

  • Mr. Carl W. Hull (Age 64)
    Co-Founder and Exec. Chairman & Interim CEO
    Comp: $1.78M
  • Mr. Kevin M. Herde (Age 51)
    Exec. VP & CFO
    Comp: $841.6k
  • Mr. Kurt Oreshack (Age 42)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $701.4k
  • Ms. Christine Dolan (Age 55)
    Chief Operating Officer of Biologics Safety Testing
    Comp: $844.67k
  • Mr. Brian Neel (Age 47)
    Chief Operating Officer of Nucleic Acid Production
    Comp: $797.38k
  • Dr. Peter Michael Leddy Ph.D. (Age 60)
    Exec. VP & Chief Admin. Officer
  • Ms. Debra Hart
    Sr. Director of Investor Relations
  • Ms. Doreen Pippen
    VP of Marketing
  • Mr. William Martin III
    Pres of Biologics Safety Testing













MRVI Stock - Frequently Asked Questions

Should I buy or sell Maravai LifeSciences stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maravai LifeSciences in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MRVI shares.
View MRVI analyst ratings
or view top-rated stocks.

What is Maravai LifeSciences' stock price forecast for 2023?

9 Wall Street analysts have issued 12 month target prices for Maravai LifeSciences' shares. Their MRVI share price forecasts range from $14.00 to $29.00. On average, they predict the company's share price to reach $19.80 in the next year. This suggests a possible upside of 48.5% from the stock's current price.
View analysts price targets for MRVI
or view top-rated stocks among Wall Street analysts.

How have MRVI shares performed in 2023?

Maravai LifeSciences' stock was trading at $14.31 on January 1st, 2023. Since then, MRVI shares have decreased by 6.8% and is now trading at $13.33.
View the best growth stocks for 2023 here
.

Are investors shorting Maravai LifeSciences?

Maravai LifeSciences saw a increase in short interest in May. As of May 15th, there was short interest totaling 7,270,000 shares, an increase of 21.2% from the April 30th total of 6,000,000 shares. Based on an average trading volume of 2,290,000 shares, the days-to-cover ratio is presently 3.2 days. Currently, 6.7% of the company's stock are short sold.
View Maravai LifeSciences' Short Interest
.

When is Maravai LifeSciences' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our MRVI earnings forecast
.

How were Maravai LifeSciences' earnings last quarter?

Maravai LifeSciences Holdings, Inc. (NASDAQ:MRVI) released its quarterly earnings results on Monday, May, 8th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.01. The business had revenue of $79.03 million for the quarter, compared to analyst estimates of $79.72 million. Maravai LifeSciences had a net margin of 21.36% and a trailing twelve-month return on equity of 38.41%. The business's quarterly revenue was down 67.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.54 earnings per share.

What guidance has Maravai LifeSciences issued on next quarter's earnings?

Maravai LifeSciences updated its FY 2023 earnings guidance on Monday, May, 8th. The company provided earnings per share guidance of $0.27-$0.33 for the period, compared to the consensus EPS estimate of $0.35. The company issued revenue guidance of $400.00 million-$440.00 million, compared to the consensus revenue estimate of $430.17 million.

When did Maravai LifeSciences IPO?

(MRVI) raised $1.3 billion in an initial public offering on Friday, November 20th 2020. The company issued 50,000,000 shares at $24.00-$27.00 per share. Morgan Stanley, Jefferies and Goldman Sachs acted as the underwriters for the IPO and BofA Securities, Credit Suisse, UBS Investment Bank, Baird, William Blair, Stifel, Keybanc Securities, Academy Securities, Loop Capital Markets, Penserra Securities and Tigress Financial Partners were co-managers.

What is Maravai LifeSciences' stock symbol?

Maravai LifeSciences trades on the NASDAQ under the ticker symbol "MRVI."

Who are Maravai LifeSciences' major shareholders?

Maravai LifeSciences' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Thrivent Financial for Lutherans (3.21%), BlackRock Inc. (2.31%), JPMorgan Chase & Co. (1.52%), Clearbridge Investments LLC (1.27%), Renaissance Technologies LLC (1.25%) and Mackenzie Financial Corp (0.99%).

How do I buy shares of Maravai LifeSciences?

Shares of MRVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Maravai LifeSciences' stock price today?

One share of MRVI stock can currently be purchased for approximately $13.33.

How much money does Maravai LifeSciences make?

Maravai LifeSciences (NASDAQ:MRVI) has a market capitalization of $3.35 billion and generates $883 million in revenue each year. The company earns $220.21 million in net income (profit) each year or $1.15 on an earnings per share basis.

How many employees does Maravai LifeSciences have?

The company employs 470 workers across the globe.

How can I contact Maravai LifeSciences?

Maravai LifeSciences' mailing address is 10770 WATERIDGE CIRCLE SUITE 200, SAN DIEGO CA, 92121. The official website for the company is www.maravai.com. The company can be reached via phone at 858-546-0004 or via email at ir@maravai.com.

This page (NASDAQ:MRVI) was last updated on 6/4/2023 by MarketBeat.com Staff

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