Novavax, Inc. (NVAX)
NASDAQ: NVAX · IEX Real-Time Price · USD
3.970
+0.080 (2.06%)
At close: Apr 19, 2024, 4:00 PM
3.980
+0.010 (0.25%)
After-hours: Apr 19, 2024, 7:59 PM EDT
Novavax Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Novavax stock have an average target of 17, with a low estimate of 15 and a high estimate of 19. The average target predicts an increase of 328.21% from the current stock price of 3.97.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 1, 2024.
Analyst Ratings
The average analyst rating for Novavax stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $35 → $19 | Strong Buy | Maintains | $35 → $19 | +378.59% | Mar 1, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $35 | Strong Buy | Reiterates | $35 | +781.61% | Aug 10, 2023 |
| B. Riley Securities | B. Riley Securities | Hold → Strong Buy Upgrades $15 | Hold → Strong Buy | Upgrades | $15 | +277.83% | Aug 9, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $110 → $35 | Strong Buy | Reiterates | $110 → $35 | +781.61% | May 10, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $29 → $10 | Strong Buy → Hold | Downgrades | $29 → $10 | +151.89% | Mar 1, 2023 |
Financial Forecast
Revenue This Year
866.65M
from 983.71M
Decreased by -11.90%
Revenue Next Year
947.80M
from 866.65M
Increased by 9.36%
EPS This Year
-0.81
from -5.41
EPS Next Year
0.13
from -0.81
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 988.9M | 1.3B | 1.4B | 1.6B | 1.7B |
| Avg | 866.7M | 947.8M | 948.2M | 1.3B | 1.4B |
| Low | 784.0M | 622.3M | 399.8M | 1.1B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.5% | 53.0% | 51.5% | 63.8% | 29.3% |
| Avg | -11.9% | 9.4% | 0.0% | 37.0% | 6.5% |
| Low | -20.3% | -28.2% | -57.8% | 17.7% | -13.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.14 | 2.86 | 3.14 | 0.50 | 0.40 |
| Avg | -0.81 | 0.13 | 0.85 | -0.13 | 0.14 |
| Low | -1.62 | -1.21 | -0.33 | -0.72 | -0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 2,395.7% | -40.9% | - |
| Avg | - | - | 578.4% | - | - |
| 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.