What if you invested $1,000 in Moderna in 2018? (Inflation-Adjusted)
MRNA · Healthcare · Adjusted to 2026 dollars using BLS CPI-U data
View nominal (non-adjusted) versionModerna turned $1,000 into $3,317 between 2018 and today. Impressive on paper, but inflation over that span came to 30% (BLS CPI-U). Adjusted for that erosion in purchasing power, your real gain in constant 2018 dollars is $2,552, which works out to a +12.1% annualized real growth rate over 8 years.
Nominal final value
$3,317
+231.7% total return
Real value (2018 dollars)
$2,552
+155.2% real total return
Real annualized return
+12.1%
vs. +15.6% nominal annualized
Year-by-Year (Inflation-Adjusted)
$1,000 in Moderna since 2018, values in constant 2018 dollars
| Year | Nominal Value | Real Value (2018 $) |
|---|---|---|
| 2018 | $1,000 | $1,000 |
| 2019 | $1,087 | $1,062 |
| 2020 | $1,343 | $1,292 |
| 2021 | $11,340 | $10,380 |
| 2022 | $11,089 | $9,298 |
| 2023 | $11,530 | $9,313 |
| 2024 | $6,618 | $5,192 |
| 2025 | $2,582 | $1,986 |
| 2026 | $2,886 | $2,220 |
Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2018 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.