Novavax, Inc. (NVAX)
NASDAQ: NVAX · IEX Real-Time Price · USD
15.50
+0.35 (2.31%)
At close: May 24, 2024, 4:00 PM
15.57
+0.07 (0.45%)
After-hours: May 24, 2024, 7:59 PM EDT

Novavax Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Novavax stock have an average target of 17.5, with a low estimate of 10 and a high estimate of 29. The average target predicts an increase of 12.90% from the current stock price of 15.50.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $17.5 $19 $29
Change -35.48% +12.90% +22.58% +87.10%

Analyst Ratings

The average analyst rating for Novavax stock from 4 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 Dec '23Jan '24Feb '24Mar '24Apr '24May '24
Strong Buy 222222
Buy 000000
Hold 000002
Sell 111000
Strong Sell 000000
Total 333224

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$11$29
Strong Buy Maintains $11$29 +87.10% May 23, 2024
TD Cowen
TD Cowen
Hold
Maintains
$5$10
Hold Maintains $5$10 -35.48% May 13, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$19
Strong Buy Reiterates $19 +22.58% May 13, 2024
B of A Securities
B of A Securities
Hold
Upgrades
$4$12
Hold Upgrades $4$12 -22.58% May 10, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$35$19
Strong Buy Maintains $35$19 +22.58% Mar 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
980.64M
from 983.71M
Decreased by -0.31%
Revenue Next Year
385.52M
from 980.64M
Decreased by -60.69%
EPS This Year
0.14
from -5.41
EPS Next Year
-1.01
from 0.14
Year 2019202020212022202320242025202620272028
Revenue
18.66M475.60M1.15B1.98B983.71M980.64M385.52M319.29M1.06B1.12B
Revenue Growth
-45.57%2,448.48%141.02%72.89%-50.36%-0.31%-60.69%-17.18%230.73%6.16%
EPS
-5.51-7.27-23.44-8.42-5.410.14-1.01-0.220.090.21
EPS Growth
---------141.18%
No. Analysts -----88644
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.1B 561.3M 604.4M 1.2B 1.2B
Avg 980.6M 385.5M 319.3M 1.1B 1.1B
Low 793.8M 49.0M 27.4M 912.1M 1.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
9.9%
-42.8%
56.8%
274.6%
13.8%
Avg
-0.3%
-60.7%
-17.2%
230.7%
6.2%
Low
-19.3%
-95.0%
-92.9%
185.7%
-2.2%

EPS Forecast

EPS 20242025202620272028
High 1.27 -0.12 2.16 0.39 0.23
Avg 0.14 -1.01 -0.22 0.09 0.21
Low -1.19 -2.14 -1.45 -0.20 0.19

EPS Growth

EPS Growth 20242025202620272028
High - - - -
166.4%
Avg - - - -
141.2%
Low - - - -
114.8%
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.