Novavax, Inc. (NVAX)

Novavax Stock Forecast

Stock Price Forecast

The 9 analysts that cover Novavax stock have a consensus rating of "Hold" and an average price target of $10.78, which forecasts a -3.66% decrease in the stock price over the next year. The lowest target is $6.00 and the highest is $19.

Price Target: $10.78 (-3.66%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$6.00	$10.78	$7.00	$19
Change	-46.38%	-3.66%	-37.44%	+69.79%

* Price targets were last updated on Jan 20, 2026.

Analyst Ratings

The average analyst rating for Novavax stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	4	2	3	3	3	3
Buy	0	1	1	1	1	1
Hold	0	0	1	1	1	1
Sell	2	2	3	3	3	3
Strong Sell	1	1	1	1	1	1
Total	7	6	9	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Thomas Shrader BTIG	BTIG	Strong Buy Reiterates $19	Strong Buy	Reiterates	$19	+69.79%	Jan 20, 2026
Anupam Rama JP Morgan	JP Morgan	Sell Maintains $7 → $6	Sell	Maintains	$7 → $6	-46.38%	Nov 18, 2025
Mayank Mamtani B. Riley Securities	B. Riley Securities	Strong Buy Reiterates $18 → $16	Strong Buy	Reiterates	$18 → $16	+42.98%	Nov 10, 2025
Brendan Smith TD Cowen	TD Cowen	Hold Maintains $8 → $7	Hold	Maintains	$8 → $7	-37.44%	Nov 4, 2025
Pete Stavropoulos Cantor Fitzgerald	Cantor Fitzgerald	Buy Initiates $18	Buy	Initiates	$18	+60.86%	Oct 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.08B

Increased by 58.91%

from 682.16M

Revenue Next Year

388.85M

Decreased by -64.13%

from 1.08B

EPS This Year

2.22

from -1.23

EPS Next Year

-0.32

from 2.22

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	475.60M	1.15B	1.98B	983.71M	682.16M	1.08B	388.85M
Revenue Growth	2,448.48%	141.02%	72.89%	-50.37%	-30.65%	58.91%	-64.13%
EPS	-7.27	-23.44	-8.42	-5.41	-1.23	2.22	-0.32
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	5.05	-
No. Analysts	-	-	-	-	-	11	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	1.2B	592.5M
Avg	1.1B	388.9M
Low	1.0B	244.7M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	76.1%	-45.3%
Avg	58.9%	-64.1%
Low	50.4%	-77.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	3.06	0.41
Avg	2.22	-0.32
Low	1.77	-0.92

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	-	-81.5%
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.