BioNTech (NASDAQ:BNTX) Sees Large Volume Increase - Here's Why

Market Beat
2025.06.03 16:54
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BioNTech (NASDAQ:BNTX) experienced a significant increase in trading volume, with approximately 1.33 million shares traded, a 43% rise from the previous session. The stock price rose to $116.20 from $113.10. Analysts have mixed ratings, with one sell, four holds, and thirteen buy ratings. The consensus target price is $139.14. BioNTech reported a quarterly EPS of $1.08, exceeding estimates, but revenue fell 19.5% year-over-year. Institutional investors have increased their stakes in the company, which focuses on developing immunotherapies for cancer and infectious diseases.