Valneva SE logo

Valneva SE

VALN

NASDAQHealthcareBiotechnology

Previous close

$6.96

+$0.14 · +2.05%

Aug 21, 4:00 PM ET

Pre-market

$6.6309

−$0.3291 · -4.73%

Aug 24, 4:47 AM ET

VALN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

49

Fair Value

Momentum

21

Weakening

Sentiment

53

Mixed

Risk resilience

36

High Risk

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Company profile

Company website

Valneva SE operates as a specialized biopharmaceutical company, concentrating its efforts on developing and bringing to market preventative vaccines for infectious diseases where current medical options are insufficient. Its portfolio of commercial travel vaccines includes IXIARO, an inactivated vaccine derived from Vero cell culture, which provides active immunity against Japanese encephalitis. Another offering is DUKORAL, an oral vaccine designed to guard against diarrhea induced by Vibrio cholerae or enterotoxigenic Escherichia coli (ETEC) bacteria. The company's development pipeline features VLA2001, a candidate vaccine targeting SARS-CoV-2. Additionally, Valneva is progressing with VLA15, a Lyme disease vaccine candidate that has successfully concluded Phase II clinical trials and is being co-developed and commercialized with Pfizer, Inc. They are also advancing VLA1553, a chikungunya virus vaccine candidate currently undergoing Phase III clinical evaluation, in partnership with Instituto Butantan for its development, production, and marketing as a single-shot vaccine. Valneva's products are sold across a wide geographical area, including the United States, Canada, Germany, Austria, the Nordic countries, the United Kingdom, various other European nations, and internationally. Founded in 1998, the company maintains its headquarters in Saint-Herblain, France.

Industry
Biotechnology
Sector
Healthcare
Headquarters
FR
CEO
Thomas Lingelbach
Listed since
May 5, 2021
Employees
674

Market position

Day range

Current $6.96

52-week range

Current $6.96

Open
$6.77
Previous close
$6.82
Volume
21.59K
0.28× average
Average volume
77.74K
Average daily volume
Market cap
659.97M USD
Beta
1.35
Market reference 1
50-day average
$5.4035
+28.80% above average
200-day average
$7.4964
-7.16% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
728.83M EUR
P/E (TTM)
-3.15×
P/B (TTM)
6.63×
P/S (TTM)
3.76×
EV / EBITDA
-14.44×
Earnings yield
-18.25%
Free cash flow yield
-9.09%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
16.40%
Operating margin
-86.68%
Net margin
-110.29%
Return on equity
-108.50%
Return on assets
-28.88%
Return on invested capital
-25.03%

Financial health

Debt / equity
2.59×
Current ratio
2.38×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends57%12%-32%-77%Gross margin, FY2021: 46.01%Gross margin, FY2022: 10.20%Gross margin, FY2023: 34.37%Gross margin, FY2024: 41.89%Gross margin, FY2025: 38.66%Operating margin, FY2021: -17.64%Operating margin, FY2022: -31.40%Operating margin, FY2023: -53.40%Operating margin, FY2024: 7.86%Operating margin, FY2025: -46.74%Net margin, FY2021: -21.09%Net margin, FY2022: -39.66%Net margin, FY2023: -65.99%Net margin, FY2024: -7.22%Net margin, FY2025: -65.95%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 46.01%. Gross margin FY2022 10.20%. Gross margin FY2023 34.37%. Gross margin FY2024 41.89%. Gross margin FY2025 38.66%. Operating margin FY2021 -17.64%. Operating margin FY2022 -31.40%. Operating margin FY2023 -53.40%. Operating margin FY2024 7.86%. Operating margin FY2025 -46.74%. Net margin FY2021 -21.09%. Net margin FY2022 -39.66%. Net margin FY2023 -65.99%. Net margin FY2024 -7.22%. Net margin FY2025 -65.95%.

Income trends

Revenue

174.66M EUR+3.00%

Operating income

−81.63M EUR−94.96M EUR

Net income

−115.19M EUR-840.57%
Income trends across reported periods411.76M EUR209.93M EUR8.1M EUR−193.74M EURRevenue, FY2021: 348.09M EURRevenue, FY2022: 361.3M EURRevenue, FY2023: 153.71M EURRevenue, FY2024: 169.58M EURRevenue, FY2025: 174.66M EUROperating income, FY2021: −61.39M EUROperating income, FY2022: −113.44M EUROperating income, FY2023: −82.09M EUROperating income, FY2024: 13.33M EUROperating income, FY2025: −81.63M EURNet income, FY2021: −73.43M EURNet income, FY2022: −143.28M EURNet income, FY2023: −101.43M EURNet income, FY2024: −12.25M EURNet income, FY2025: −115.19M EURFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 348.09M EUR. Revenue FY2022 361.3M EUR. Revenue FY2023 153.71M EUR. Revenue FY2024 169.58M EUR. Revenue FY2025 174.66M EUR. Operating income FY2021 −61.39M EUR. Operating income FY2022 −113.44M EUR. Operating income FY2023 −82.09M EUR. Operating income FY2024 13.33M EUR. Operating income FY2025 −81.63M EUR. Net income FY2021 −73.43M EUR. Net income FY2022 −143.28M EUR. Net income FY2023 −101.43M EUR. Net income FY2024 −12.25M EUR. Net income FY2025 −115.19M EUR.
Metric (EUR)FY2025FY2024FY2023FY2022FY2021
Revenue174.66M EUR169.58M EUR153.71M EUR361.3M EUR348.09M EUR
Cost of goods sold107.14M EUR98.54M EUR100.88M EUR324.44M EUR187.92M EUR
Gross profit67.52M EUR71.04M EUR52.84M EUR36.86M EUR160.17M EUR
Research and development85.3M EUR74.14M EUR59.89M EUR104.92M EUR173.28M EUR
Selling, general, and administrative74.68M EUR95.11M EUR96.55M EUR57.58M EUR71.25M EUR
Operating expenses149.15M EUR57.71M EUR134.92M EUR150.31M EUR221.56M EUR
Interest income1.8M EUR2.36M EUR1.21M EUR260K EUR249K EUR
Interest expense41.9M EUR23.98M EUR23.33M EUR19.05M EUR16.96M EUR
Depreciation and amortization21.75M EUR19.59M EUR17.58M EUR21.04M EUR14.28M EUR
Operating income−81.63M EUR13.33M EUR−82.09M EUR−113.44M EUR−61.39M EUR
Net income−115.19M EUR−12.25M EUR−101.43M EUR−143.28M EUR−73.43M EUR

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-78.65%
11 comparable reports
Latest EPS result
-0.4
Estimate -0.28 · Miss by 42.86%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.11-0.32-0.52-0.72Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 20, 2025: actual -0.54, estimate -0.22, surprise -145.45%, Miss. Q2 2025, reported May 7, 2025: actual -0.13, estimate -0.31, surprise +58.06%, Beat. Q3 2025, reported Aug 12, 2025: actual -0.16, estimate -0.27, surprise +40.74%, Beat. Q4 2025, reported Nov 20, 2025: actual -0.61, estimate -0.3, surprise -103.33%, Miss. Q1 2026, reported Mar 16, 2026: actual -0.68, estimate -0.173, surprise -293.06%, Miss. Q2 2026, reported May 13, 2026: actual -0.42, estimate -0.21, surprise -100.00%, Miss. Q3 2026, reported Aug 13, 2026: actual -0.4, estimate -0.28, surprise -42.86%, Miss. Q4 2026, reported Nov 19, 2026: actual —, estimate -0.169, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates59.18M50.18M41.17M32.17MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 20, 2025: actual 54.82M USD, estimate 36.7M USD, surprise +49.38%, Beat. Q2 2025, reported May 7, 2025: actual 53.97M USD, estimate 44.49M USD, surprise +21.32%, Beat. Q3 2025, reported Aug 12, 2025: actual 56.91M USD, estimate 39.1M USD, surprise +45.54%, Beat. Q4 2025, reported Nov 20, 2025: actual 34.45M USD, estimate 48.85M USD, surprise -29.49%, Miss. Q1 2026, reported Mar 16, 2026: actual 55.88M USD, estimate 52.46M USD, surprise +6.52%, Beat. Q2 2026, reported May 13, 2026: actual 36.18M USD, estimate 54.69M USD, surprise -33.85%, Miss. Q3 2026, reported Aug 13, 2026: actual 40.29M USD, estimate 48.21M USD, surprise -16.42%, Miss. Q4 2026, reported Nov 19, 2026: actual —, estimate 43.79M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$11.00

58.05% upside
Past 12 months12-month forecastHigh $11.00Average $11.00Low $11.00

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