Novavax, Inc. (NVAX)
NASDAQ: NVAX · Real-Time Price · USD
12.15
+0.11 (0.87%)
At close: Sep 26, 2024, 4:00 PM
12.06
-0.08 (-0.70%)
After-hours: Sep 26, 2024, 6:32 PM EDT

Novavax Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Novavax stock have an average target of 15.8, with a low estimate of 9.00 and a high estimate of 23. The average target predicts an increase of 30.09% from the current stock price of 12.15.

Analyst Consensus: Buy
Target Low Average Median High
Price $9.00 $15.8 $18 $23
Change -25.90% +30.09% +48.21% +89.38%
* Price targets were last updated on Aug 12, 2024.

Analyst Ratings

The average analyst rating for Novavax stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 222222
Buy 000000
Hold 022222
Sell 000111
Strong Sell 000000
Total 244555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Reiterates
$25$23
Strong Buy Reiterates $25$23 +89.38% Aug 12, 2024
JP Morgan
JP Morgan
Sell
Maintains
$8$9
Sell Maintains $8$9 -25.90% Aug 12, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$29$25
Strong Buy Maintains $29$25 +105.85% Aug 2, 2024
JP Morgan
JP Morgan
Sell
Downgrades
$8
Sell Downgrades $8 -34.13% Jul 30, 2024
B of A Securities
B of A Securities
Hold
Maintains
$12$18
Hold Maintains $12$18 +48.21% Jun 14, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
754.43M
from 983.71M
Decreased by -23.31%
Revenue Next Year
500.08M
from 754.43M
Decreased by -33.71%
EPS This Year
-1.01
from -5.41
EPS Next Year
-0.28
from -1.01
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
18.66M475.60M1.15B1.98B983.71M754.43M500.08M434.67M
Revenue Growth
-45.57%2,448.48%141.02%72.89%-50.36%-23.31%-33.71%-13.08%
EPS
-5.51-7.27-23.44-8.42-5.41-1.01-0.280.08
EPS Growth
--------
Forward PE
-------153.64
No. Analysts -----886
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 803.3M 795.9M 599.6M
Avg 754.4M 500.1M 434.7M
Low 701.1M 226.4M 277.5M

Revenue Growth

Revenue Growth 20242025202620272028
High
-18.3%
5.5%
19.9%
Avg
-23.3%
-33.7%
-13.1%
Low
-28.7%
-70.0%
-44.5%

EPS Forecast

EPS 20242025202620272028
High -0.56 1.76 1.07
Avg -1.01 -0.28 0.08
Low -1.26 -1.63 -0.61

EPS Growth

EPS Growth 20242025202620272028
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.