Vir Biotechnology, Inc. (VIR) AI Stock Analysis

NASDAQ: VIRAI research summary: business, growth, valuation, analysts, bull and bear case.

VIR AI stock analysis summary

AI Research

Vir Biotechnology, Inc. is a commercial-stage immunology company developing therapies for serious infectious diseases. The company generated $303.2M in trailing twelve-month revenue, with a net cash position of $435.3M as of June 30, 2026. While its stock gained 71.7% over the past year, annual net income was -$438.0M in FY2025.

Market cap
$1.69B
Revenue (TTM)
$303.2M
P/E
—
fwd 4.3x
1Y return
71.7%
S&P 500 16.8%
Avg. target
$21.00
110.8% vs last close

Bull case

  • Vir Biotechnology maintains a strong liquidity cushion with $528.6M in cash and short-term investments and net cash of $435.3M as of June 30, 2026.
  • The stock trades at an EV-to-EBITDA multiple of 0.9x and a forward P/E of 4.3x, well below the median of its US-listed Healthcare peers at 12.0x and 17.3x, respectively.
  • All 9 analyst recommendations are positive, with 6 Strong Buy ratings and a mean price target of $21.00 reflecting 110.8% upside over the last close.

Bear case

  • The company reported negative free cash flow of -$396.6M and an operating loss margin of -682.7% for FY2025.
  • Consensus estimates from 7 analysts project revenue to decline 69.0% to $76.1M in the next fiscal year.
  • Vir Biotechnology has beaten EPS estimates in only 1 of the last 4 quarters, with trailing twelve-month EPS at -$1.76.

What Vir Biotechnology does

Vir Biotechnology, Inc. is a commercial-stage immunology company focused on developing and delivering therapies for the treatment and prevention of serious infectious diseases. Its pipeline includes Sotrovimab (VIR-7832), an antibody marketed under the Xevudy brand for treating and preventing COVID-19. The company is also advancing VIR-2218 and VIR-3434 to treat hepatitis B virus, VIR-2482 for influenza A virus prevention, and VIR-1111 for human immunodeficiency virus prevention. Founded in 2016 and headquartered in San Francisco, California, Vir collaborates with organizations including the Bill & Melinda Gates Foundation, the National Institutes of Health, and biopharmaceutical leaders.

Growth and profitability

Vir Biotechnology's annual revenue declined from $1.62B in FY2022 to $86.2M in FY2023, $74.2M in FY2024, and $68.6M in FY2025, yielding a 5-year revenue CAGR of -2.1%. Net income shifted from $515.8M in FY2022 to -$615.1M in FY2023, -$522.0M in FY2024, and -$438.0M in FY2025, while gross margin in FY2025 stood at 82.9% and operating margin was -682.7%. For the trailing twelve months ending June 30, 2026, revenue totaled $303.2M with an operating margin of 30.8% and EPS of -$1.76. In the latest quarter ending June 30, 2026, quarterly revenue growth was 19582.5% year-over-year, and quarterly earnings grew 58.5%.

VIR income statement →

Balance sheet and cash flow

As of June 30, 2026, Vir Biotechnology held $528.6M in cash and short-term investments against $93.3M in total debt, resulting in net cash of $435.3M. The company maintains solid liquidity with a current ratio of 6.04 and a debt-to-equity ratio of 0.09 across $982.5M in shareholders' equity. In FY2025, operating cash flow was -$391.8M and free cash flow was -$396.6M, alongside capital expenditures of $4.8M. Over the trailing five years, the company's share count increased 26.1%.

VIR balance sheet →

Valuation and performance

At a last close of $9.96 on October 16, 2026, Vir Biotechnology trades at a market cap of $1.69B and an enterprise value of $1.44B. The stock trades at a forward P/E of 4.3x, below the median of its US-listed Healthcare peers of 17.3x, and an EV-to-EBITDA multiple of 0.9x versus the peer median of 12.0x. Its price-to-sales multiple is 5.6x, compared to the peer median of 4.1x. Over the past year, Vir gained 71.7%, outperforming the S&P 500 ETF (SPY) return of 16.8%, though its 5-year return of -74.5% trails the SPY return of 83.0%.

VIR key metrics →

What analysts expect

Wall Street coverage consists of 6 Strong Buy and 3 Buy ratings, with no Hold, Sell, or Strong Sell ratings. The mean price target is $21.00, representing 110.8% upside compared to the last close of $9.96. For the fiscal year ending December 31, 2026, analysts estimate revenue of $245.2M and EPS of -$1.76. For the next fiscal year, 7 analysts project revenue to fall 69.0% to $76.1M, with EPS estimated at -$2.49. The company beat EPS estimates in 1 of the last 4 quarters and is scheduled to report earnings next on November 4, 2026.

VIR forecast and price target →

Key risks and what to watch

  • Ongoing cash burn is significant, evidenced by operating cash flow of -$391.8M in FY2025.
  • Next fiscal year revenue is expected to drop 69.0% to $76.1M, which could pressure future operations.
  • Share dilution has been persistent, with share count expanding 26.1% over a 5-year period.
  • The stock carries elevated market volatility, reflected in a beta of 1.59.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this VIR AI stock analysis

This page is an AI-written research summary of Vir Biotechnology, Inc. (VIR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: VIR income statement, VIR balance sheet, VIR key metrics, VIR analyst forecast, VIR chart. See the VIR stock overview for the latest quote and news.

VIR AI stock analysis FAQ

What does Vir Biotechnology do?

Vir Biotechnology is a commercial-stage immunology company focused on treating and preventing serious infectious diseases. Its pipeline includes Sotrovimab for COVID-19, VIR-2218 and VIR-3434 for hepatitis B, VIR-2482 for influenza A, and VIR-1111 for HIV.

Does Vir Biotechnology pay a dividend?

No, Vir Biotechnology does not currently pay a dividend.

What is Vir Biotechnology's net cash position?

As of June 30, 2026, Vir Biotechnology held $528.6M in cash and short-term investments and $93.3M in total debt, giving it a net cash position of $435.3M.

What are analysts' price targets for VIR stock?

The mean price target from analysts is $21.00, which represents 110.8% upside from its last close of $9.96 on October 16, 2026.

When does Vir Biotechnology report earnings next?

Vir Biotechnology is scheduled to report earnings next on November 4, 2026.

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