Market News

BioNTech’s Q4 Earnings Impress Investors

Shares of BioNTech (BNTX) rose 5.6% at the time of writing after the company reported upbeat fourth-quarter results.

Based in Germany, BioNTech develops and manufactures next-generation therapies for cancer, allergies, and autoimmune disorders. Its portfolio of oncology product candidates includes individualized and off-the-shelf mRNA-based therapies.

Q4 Results

Revenues during the quarter stood at €5.53 billion, compared to €345.4 million in the same quarter last year. The increase was witnessed on the back of strong sales of its COVID-19 vaccine worldwide.

In addition, BioNTech delivered a net profit of €3.17 billion, up from €366.9 million reported in the year-ago quarter.

During the quarter, the company incurred research and development (R&D) expenses of €271.5 million, up 5.6% year-over-year. Also, general and administrative expenses (SG&A) increased 264.6% to €130.9 million.


For the full year 2022, BioNTech expects COVID-19 vaccine revenue in the range of €13 billion and €17 billion.

Also, it expects to spend €1.4 billion to €1.5 billion on R&D during the year, up 50% compared to 2021. SG&A expenses and capital expenditures are each projected to be between €450 million and €550 million.

Capital Deployment Plans

BioNTech seeks to initiate a share repurchase program of up to $1.5 billion for a period of two years. Further, it plans to announce a special cash dividend of €2 per share for approval at its upcoming 2022 Annual General Meeting.

Stock rating

Consensus among analysts is a Hold based on two Buys and six Holds. BioNTech’s average price target of $276.86 implies 60.6% upside potential to current levels. Shares have gained 65.1% over the past year.

Blogger Opinion

TipRanks data shows that financial blogger opinions are 90% Bullish on BNTX, compared to the sector average of 71%.

Download the TipRanks mobile app now 

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. 

Read full Disclaimer & Disclosure

Related News:
Uber and bp Team Up, Will They Deliver?
Mighty Micron Manages Quarterly Earnings Mastery
Why Did Nielsen Holdings Rise Over 20%?

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More