Novavax, Inc. (NVAX)

NASDAQ: NVAX · Real-Time Price · USD
7.26
-0.13 (-1.76%)
At close: Mar 27, 2025, 4:00 PM
7.27
+0.01 (0.14%)
After-hours: Mar 27, 2025, 5:54 PM EST
-1.76%
Market Cap 1.17B
Revenue (ttm) 682.16M
Net Income (ttm) -187.50M
Shares Out 160.84M
EPS (ttm) -1.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,386,880
Open 7.36
Previous Close 7.39
Day's Range 7.24 - 7.42
52-Week Range 3.81 - 23.86
Beta 2.91
Analysts Buy
Price Target 17.83 (+145.59%)
Earnings Date May 9, 2025

About NVAX

Novavax, Inc., a biotechnology company, engages in the discovering, developing, and commercializing vaccines to protect against serious infectious diseases in the United States, Europe, and internationally. The company offers vaccine platform that combines a recombinant protein approach, nanoparticle technology, and its patented Matrix-M adjuvant to enhance the immune response. The company is commercializing a COVID-19 vaccine, NVX-CoV2373 under the brand names of Nuvaxovid, Covovax, and Novavax COVID-19 Vaccine, adjuvanted for adult and adoles... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Dec 5, 1995
Employees 952
Stock Exchange NASDAQ
Ticker Symbol NVAX
Full Company Profile

Financial Performance

In 2024, Novavax's revenue was $682.16 million, a decrease of -30.65% compared to the previous year's $983.71 million. Losses were -$187.50 million, -65.60% less than in 2023.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for NVAX stock is "Buy." The 12-month stock price forecast is $17.83, which is an increase of 145.59% from the latest price.

Price Target
$17.83
(145.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Novavax, Inc. (NVAX) Leerink Partners 2025 Global Healthcare Conference (Transcript)

Novavax, Inc. (NASDAQ:NVAX) Leerink Partners 2025 Global Healthcare Conference March 11, 2025 12:00 AM ET Company Participants John Jacobs - CEO Ruxandra Draghia - Head of R&D Jim Kelly - CFO Confere...

15 days ago - Seeking Alpha

Novavax Announces Changes to Board of Directors

James Young, PhD retires as Chair of the Board, Margaret McGlynn, RPh, appointed John Shiver, PhD appointed to board of directors GAITHERSBURG, Md. , March 11, 2025 /PRNewswire/ -- Novavax, Inc. (Nasd...

16 days ago - PRNewsWire

Novavax, Inc. (NVAX) TD Cowen 45th Annual Health Care Conference (Transcript)

Novavax, Inc. (NASDAQ:NVAX) TD Cowen 45th Annual Health Care Conference March 4, 2025 9:10 AM ET Company Participants John Jacobs - President and Chief Executive Officer Ruxandra Draghia - Executive ...

23 days ago - Seeking Alpha

Novavax Q4 Earnings Review: Long-Term Downsizing Plan Suggests Sell Rating

Novavax, Inc.'s Q4 2024 earnings — released yesterday — show a significant revenue decline and continued losses, despite cost-cutting measures and the deal with Sanofi, worth up to $1.2bn. The company...

27 days ago - Seeking Alpha

Novavax to Participate in Upcoming March Investor Conferences

GAITHERSBURG, Md. , Feb. 27, 2025 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX), today announced that the management team will participate in the following upcoming investor conferences: TD Cowen 45 th...

4 weeks ago - PRNewsWire

Novavax, Inc. (NVAX) Q4 2024 Earnings Call Transcript

Novavax, Inc. (NASDAQ:NVAX) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Luis Sanay - Vice President, Investor Relations John Jacobs - President and Chief Execut...

4 weeks ago - Seeking Alpha

Novavax Reports Smaller Q4 Loss, Shifts Focus From Commercializing COVID-19 Vaccine To Maximize Value

On Thursday, Novavax Inc NVAX reported fourth-quarter 2024 sales of $88.31 million, compared to $291 million a year, beating the consensus of $84.35 million. The decrease was due to lower product sale...

4 weeks ago - Benzinga

Novavax's quarterly loss shrinks as it ramps down spending on COVID vaccines

Novavax's fourth-quarter loss narrowed on Thursday, helped by reduced selling and administrative expenses of COVID-19 vaccines, its only product on the market.

4 weeks ago - Reuters

Novavax Stock Is Rising. Revenue Beat Estimates.

Fourth-quarter revenue came in at $88 million, above expectations of 84 million, while Novavax continues to shift away from Covid-19 vaccines.

4 weeks ago - Barrons

Novavax Reports Fourth Quarter and Full Year 2024 Financial Results and Operational Highlights

Transitioned lead commercial responsibility of Nuvaxovid™ COVID-19 vaccine to Sanofi beginning with the 2025-2026 season Achieved total revenue of $88 million in the fourth quarter of 2024 and $682 mi...

4 weeks ago - PRNewsWire

Novavax to Host Conference Call to Discuss Fourth Quarter and Full Year 2024 Financial Results and Operational Highlights on February 27, 2025

GAITHERSBURG, Md. , Feb. 20, 2025 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX), a global company advancing protein-based vaccines with its Matrix-M™ adjuvant, today announced it will report its fourth...

5 weeks ago - PRNewsWire

Vaccine, packaged food stocks fall as Kennedy moves closer to health secretary job

Shares of vaccine makers and packaged food companies fell on Tuesday after President Donald Trump's pick for U.S. health secretary, Robert F. Kennedy Jr., moved closer to the job after a favorable vot...

7 weeks ago - Reuters

Vaccine stocks fall as Senate panel advances RFK Jr.'s nomination for HHS secretary

Shares of vaccine companies fell after a Senate panel voted to advance Robert F. Kennedy Jr.'s nomination to lead the Department of Health and Human Services to the full chamber.

Other symbols: BNTXMRNAPFEGSK
7 weeks ago - CNBC

Novavax Advances Corporate Growth Strategy Through Sanofi Partnership, Including Achievement of First $50 Million Milestone

Novavax continues to progress Sanofi agreement by achieving first milestone, with additional milestones and ongoing tiered royalties to come, solidifying a strong model for future partnerships Novavax...

3 months ago - PRNewsWire

Novavax Initiates Phase 3 Trial for COVID-19-Influenza Combination and Stand-Alone Influenza

Company continuing to work with the U.S. FDA on potential for accelerated approval pathway Novavax intends to partner on both candidates to advance to filing and commercialization GAITHERSBURG, Md. , ...

3 months ago - PRNewsWire

Novavax to sell Czech manufacturing unit to Novo Nordisk for $200 mln

COVID-19 vaccine maker Novavax said on Wednesday it will sell its manufacturing facility in Czech Republic to Wegovy-maker Novo Nordisk for $200 million and use the proceeds for its vaccine pipeline.

Other symbols: NVO
4 months ago - Reuters

Novavax Announces Sale of Czech Republic Manufacturing Site to Novo Nordisk for $200 Million

Agreement provides significant, non-dilutive capital to Novavax, further enabling the Company to advance its corporate growth strategy of driving value from its pipeline assets and proven technology p...

4 months ago - PRNewsWire

Novavax, Inc. (NVAX) Jefferies London Healthcare Conference (Transcript)

Novavax, Inc. (NASDAQ:NVAX) Jefferies London Healthcare Results Conference November 20, 2024 6:00 AM ET Company Participants Jim Kelly - Executive Vice President, Chief Financial Officer and Treasure...

4 months ago - Seeking Alpha

Moderna, Lily, Novavax, and Pfizer stocks fall after Trump nominates RFK Jr. as health secretary

Shares in some of America's largest drug manufacturers tumbled yesterday after President-elect Donald Trump announced Robert F. Kennedy Jr. as his pick for secretary of the Department of Health and Hu...

Other symbols: MRNAPFELLY
4 months ago - Fast Company

Vaccine Maker Stocks Slump After RFK Jr. Nominated as HHS Head

In the 2024 presidential election's latest impact on the stock markets, shares of several vaccine makers were down Friday morning following the nomination of Robert F. Kennedy Jr. to head the Departme...

Other symbols: AZNBNTXLLYMRNANVOPFE
4 months ago - Investopedia

Vaccine maker stocks fall after conspiracy theory-spreading RFK Jr. tapped to lead health department

Shares of COVID vaccine manufacturers Moderna and Pfizer fell early Friday morning, down 4% and 4.3% respectively.

Other symbols: MRNAPFE
4 months ago - New York Post

Novavax Announces Grant of Inducement Awards Pursuant to Nasdaq Listing Rule 5635(c)(4)

GAITHERSBURG, Md. , Nov. 15, 2024 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX), a global company advancing protein-based vaccines with its novel Matrix-M™ adjuvant, today announced that the Company gr...

4 months ago - PRNewsWire

Moderna And Other Vaccine Maker Stocks Tumble After Trump Taps RFK Jr. As HHS Head

Stocks linked to vaccine developers such as Moderna, Pfizer and Novavax tanked in the leadup to market close Thursday, tumbling after reports surfaced that President-elect Donald Trump would select va...

Other symbols: MRNAPFE
4 months ago - Forbes

Vaccine maker stocks fall on reports Trump plans to tap RFK Jr. to lead HHS

Shares of vaccine makers fell on reports that President-elect Donald Trump is expected to nominate Robert F. Kennedy Jr., a prominent vaccine skeptic, to lead the Department of Health and Human Servic...

Other symbols: MRNAPFEBNTXGSK
4 months ago - CNBC

Novavax to Participate in Jefferies London Healthcare Conference

GAITHERSBURG, Md. , Nov. 13, 2024 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX), a global company advancing protein-based vaccines with its Matrix-M™ adjuvant, today announced that it will participate ...

4 months ago - PRNewsWire