MRVI Stock - Maravai LifeSciences Holdings, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $259.19M | $288.94M | $883.00M | $799.24M | $284.10M |
| Gross Profit | $108.31M | $140.20M | $714.04M | $658.68M | $204.45M |
| Gross Margin | 41.8% | 48.5% | 80.9% | 82.4% | 72.0% |
| Operating Income | $-235,617,000 | $-31,648,000 | $574.22M | $554.64M | $119.90M |
| Net Income | $-144,846,000 | $-119,029,000 | $220.21M | $182.04M | $76.89M |
| Net Margin | -55.9% | -41.2% | 24.9% | 22.8% | 27.1% |
| EPS | $-1.05 | $-0.90 | $1.67 | $1.59 | $7.43 |
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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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| February 26th 2025 | Robert W. Baird | Downgrade | Neutral | $3← $9 |
| December 19th 2024 | Guggenheim | Initiation | Neutral | - |
| December 5th 2024 | Goldman | Downgrade | Sell | $4.25 |
| November 14th 2024 | Wolfe Research | Initiation | Peer Perform | - |
| November 8th 2024 | William Blair | Downgrade | Market Perform | - |
| August 28th 2024 | Wells Fargo | Initiation | Overweight | $10 |
| August 13th 2024 | Morgan Stanley | Downgrade | Equal Weight | $10← $11 |
| April 10th 2024 | Craig Hallum | Initiation | Buy | $15 |
| December 12th 2023 | BofA Securities | Upgrade | Buy | $8← $10 |
| August 8th 2023 | KeyBanc Capital Markets | Downgrade | Sector Weight | - |
| May 23rd 2023 | Credit Suisse | Downgrade | Neutral | $14← $18 |
| May 9th 2023 | Goldman | Downgrade | Neutral | - |
| January 5th 2023 | UBS | Downgrade | Neutral | $16← $20 |
| December 14th 2022 | Deutsche Bank | Initiation | Buy | $25 |
| December 7th 2022 | RBC Capital Mkts | Initiation | Outperform | $22 |
Earnings History & Surprises
MRVIEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 11, 2026 | — | — | — | — |
Q1 2026 | Mar 17, 2026 | $-0.07 | — | — | — |
Q4 2025 | Nov 6, 2025 | $-0.06 | $-0.08 | -33.3% | ✗ MISS |
Q3 2025 | Aug 11, 2025 | $-0.06 | $-0.08 | -33.3% | ✗ MISS |
Q2 2025 | May 12, 2025 | $-0.07 | $-0.08 | -14.3% | ✗ MISS |
Q1 2025 | Mar 18, 2025 | $-0.03 | $-0.06 | -100.0% | ✗ MISS |
Q4 2024 | Nov 7, 2024 | $-0.01 | $-0.02 | -150.0% | ✗ MISS |
Q3 2024 | Aug 7, 2024 | $-0.04 | $-0.08 | -100.0% | ✗ MISS |
Q2 2024 | May 8, 2024 | $-0.02 | $-0.02 | -21.4% | ✗ MISS |
Q1 2024 | Feb 22, 2024 | $0.00 | $0.01 | +184.9% | ✓ BEAT |
Q4 2023 | Nov 7, 2023 | $-0.00 | $-0.01 | -257.1% | ✗ MISS |
Q3 2023 | Aug 7, 2023 | $-0.03 | $-0.06 | -100.0% | ✗ MISS |
Q2 2023 | May 8, 2023 | $0.04 | $0.03 | -17.2% | ✗ MISS |
Q1 2023 | Feb 22, 2023 | $0.34 | $0.35 | +2.9% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $0.32 | $0.37 | +15.6% | ✓ BEAT |
Q3 2022 | Aug 4, 2022 | $0.45 | $0.54 | +20.0% | ✓ BEAT |
Q2 2022 | May 5, 2022 | $0.44 | $0.54 | +22.7% | ✓ BEAT |
Q1 2022 | Feb 23, 2022 | $0.38 | $0.45 | +18.4% | ✓ BEAT |
Q4 2021 | Nov 10, 2021 | $0.35 | $0.44 | +25.7% | ✓ BEAT |
Q3 2021 | Aug 10, 2021 | $0.32 | $0.44 | +37.5% | ✓ BEAT |
Latest News
Wells Fargo Maintains Overweight on Maravai LifeSciences, Raises Price Target to $4.5
📈 PositiveMaravai LifeSciences Holdings shares are trading lower after the company reported worse-than-expected Q3 sales results.
📉 NegativeMaravai LifeSciences Q3 Adj. EPS $(0.08), Inline, Sales $41.630M Miss $49.003M Estimate
📉 NegativeFrequently Asked Questions about MRVI
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