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$8.42
+20.80% 1Y
Mkt Cap$1.38B
P/E-15.04
P/B-10.09
52W High$11.19
52W Low$6.22
Book Value$-0.88
EPS (TTM)$-0.56

Company Overview

Novavax, Inc., a biotechnology company, engages in the discovery, development, and commercialization of vaccines to prevent serious infectious diseases in the United States, Europe, and internationally. The company commercializes Nuvaxovid, a COVID-19 vaccine; and R21 Matrix-M adjuvant malaria vaccine. It has license and collaboration agreements with Sanofi, Pfizer Inc., Takeda Pharmaceutical Company Limited, and Serum Life Sciences Limited for the to develop, manufacture, and commercialize the COVID-19 vaccine. The company was incorporated in 1987 and is headquartered in Gaithersburg, Maryland.

Why Investors Should Care

Healthy Capital Returns

Return on capital employed stands at 64.9%.

Consistent Profit Growth

Net profit has compounded at 55.6% per year over the last five years.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $1.12B (+64.7% YoY); net profit $440.30M.
  • Trailing 12 Months Year-on-year growth — revenue -79.1%.
  • 5-Year Trend Long-term compounding — revenue CAGR -11.1%, profit CAGR 55.6%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-11.10%
1 Year:-79.10%

Compounded Profit Growth

5 Years:55.64%
1 Year:-

Stock Price Performance

1 Year:+20.80%
6 Months:+15.82%
3 Months:+3.82%
1 Month:-6.76%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 44% of range
$6.22 $11.19
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)38.23 · Neutral
Price Performance
1M-6.76%
3M+3.82%
6M+15.82%
1Y+20.80%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Healthy ROCE of 64.9%.
  • Profit CAGR of 55.6% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -11.1% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-15.04
Industry PE
25.41
Forward P/E
-15.52
PEG Ratio
1.32
Book Value
$-0.88
Price to Book
-10.09
P/S
2.45
EV/EBITDA
16.21
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-11.10%
Profit 5Y
55.64%
Revenue (YoY)
-79.10%
Earnings (YoY)
-

Profitability & Returns

ROCE
64.85%
ROE
-
ROA
1.99%
Profit Margin
-14.73%
Op Margin
-7.19%
Gross Margin
27.49%
EPS (Latest Qtr)
$-0.06
EPS (TTM)
$-0.56

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
2.38
Current Ratio
2.48
Debt
$295.06M
Total Assets
$1.04B
Current Assets
$978.28M
Working Capital
$518.33M

Ownership

Promoter Holding
5.08%
Chg in Prom Hold
0.07%
FII / Inst Holding
69.64%
Chg in FII Hold
0.07%

Financial Snapshot

Enterprise Value
$1.38B
Total Revenue (TTM)
$596.34M
EBITDA
$59.53M
Free Cash Flow
$58.57M
Operating Cash Flow
$-91.56M
Shares Outstanding
164.44M
Gross Margin
27.49%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 NVAX Novavax, Inc. R2K 8.42 -15.04 $1.38B 0.00% 64.85% - -11.10% 55.64%
2 LLY Eli Lilly and Company SPX 1,152.54 41.02 $1.03T 0.61% - 107.46% 7.20% 11.41%
3 JNJ Johnson & Johnson SPX 253.85 29.45 $611.07B 2.23% 14.88% 26.42% 2.43% 4.76%
4 ABBV AbbVie Inc. SPX 244.78 119.40 $432.48B 3.04% 10.47% -129.24% 1.75% -29.06%
5 UNH UnitedHealth Group Incorporated SPX 425.19 32.02 $386.13B 2.27% 9.74% 12.18% 10.40% 5.43%
6 MRK Merck & Co., Inc. SPX 120.78 34.02 $298.31B 2.86% - 18.94% 5.64% 10.01%
7 AZN AstraZeneca PLC NDX 164.50 24.81 $255.12B 1.77% 15.97% 23.48% 9.82% 45.96%
8 TMO Thermo Fisher Scientific Inc. SPX 534.07 29.33 $198.47B 0.40% 8.14% 13.52% 8.81% 12.95%
9 AMGN Amgen Inc. NDXSPX 355.25 24.69 $191.73B 2.84% 18.02% 101.32% 11.77% 5.58%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --------------------------------93.86M415.48M84.51M666.65M239.24M70.44M147.14M139.51M
Cost of Revenue -----------------------------------14.12M15.32M21.50M22.10M30.70M
Gross Profit -----------------------------------652.54M223.91M48.95M125.03M108.82M
Operating Expenses -----------------------------------137.03M122.84M129.93M110.00M124.25M
Operating Income -24.31M-20.82M-33.20M--75.26M-76.50M-63.31M--40.83M-41.47M-41.63M--43.51M-41.99M-41.90M--40.22M-36.67M-14.99M--22.90M-17.03M-193.94M-208.63M-345.83M-307.14M209.29M-482.96M-127.19M-312.77M55.46M-125.63M-144.83M161.00M-134.02M515.51M101.07M-80.98M15.04M-15.43M
EBITDA -----------------------------------533.91M120.53M-190.97M28.85M-543.00K
Interest Expense -----------------------------------5.72M5.52M5.48M5.82M4.90M
Pretax Income -----------------------------------519.85M107.45M-203.04M17.90M-8.51M
Tax Provision -----------------------------------1.20M946.00K-657.00K376.00K985.00K
Net Income -24.37M-20.64M-33.12M-78.81M-77.25M-79.35M-66.25M-57.11M-43.85M-44.47M-44.61M-50.84M-46.35M-44.49M-44.57M-49.33M-43.22M-39.60M-18.04M-31.83M-25.86M-17.52M-197.31M-222.72M-352.32M-322.43M203.41M-510.49M-168.61M-293.90M58.01M-130.78M-147.55M162.38M-121.30M518.65M106.51M-202.38M17.53M-9.49M
Diluted EPS ----------------------0.30-3.21-3.05-4.75-4.312.56-6.53-2.15-3.410.58-1.26-1.050.99-0.762.930.62-1.250.11-0.06
R&D Expense 28.35M27.73M30.66M-68.95M64.90M52.98M-37.65M39.26M41.86M-44.51M44.54M41.33M-35.47M30.42M18.61M-16.89M34.85M294.09M592.67M570.68M408.19M383.48M289.65M304.30M247.10M219.47M106.23M92.68M106.95M87.16M88.94M79.23M98.27M-95.47M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -343.00K14.69M22.08M20.91M30.66M36.25M15.35M31.18M34.29M18.66M475.60M-1.60B556.38M682.16M1.12B
Cost of Revenue -------------902.64M343.77M202.74M73.04M
Gross Profit -------------696.31M212.61M479.42M1.05B
Operating Expenses -------------1.34B779.12M728.35M499.80M
Operating Income -37.38M-38.49M-21.58M-29.66M-52.43M-83.69M-157.24M-269.11M-171.71M-173.92M-120.58M-416.72M--644.74M-566.51M-248.93M550.64M
EBITDA --------------604.71M-487.39M-108.04M492.33M
Interest Expense -------------19.88M14.42M20.07M22.55M
Pretax Income --------------653.65M-543.03M-176.62M442.17M
Tax Provision -------------4.29M2.03M10.88M1.86M
Net Income -40.35M-35.71M-19.36M-28.51M-51.98M-82.95M-156.94M-279.97M-183.77M-184.75M-132.69M-418.26M--657.94M-545.06M-187.50M440.30M
Diluted EPS -----------5.51-7.27--8.42-5.41-1.232.58
R&D Expense 25.78M28.03M18.36M26.91M58.53M94.42M162.64M237.94M168.44M173.80M113.84M747.03M2.53B1.24B737.50M391.17M342.32M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --74.84M66.58M102.34M235.12M276.00M386.04M394.30M302.49M207.98M172.96M1.58B-2.26B1.80B1.56B1.18B
Current Assets --------------1.70B1.14B1.13B978.28M
Cash & Equivalents 26.94M38.76M8.06M14.10M17.40M119.47M32.34M93.11M144.35M106.31M70.15M78.82M553.40M-1.34B568.50M530.23M240.63M
Inventory --------------36.68M41.70M8.75M11.54M
Receivables --------------82.38M297.24M108.28M106.45M
Total Liabilities --15.79M12.73M22.11M31.89M46.38M93.37M399.85M404.23M375.91M358.97M955.27M-2.89B2.51B2.18B1.30B
Current Liabilities --10.27M7.58M11.68M18.12M34.12M76.49M66.41M73.67M45.54M25.80M579.67M-2.46B1.64B1.15B459.95M
Long Term Debt --------------166.47M168.02M169.68M244.21M
Total Debt --------------549.78M229.08M230.42M248.81M
Total Equity 42.95M69.95M59.05M53.85M80.24M203.23M229.62M292.67M-5.55M-101.73M-167.94M-186.02M627.21M--634.08M-716.93M-623.84M-127.75M
Shares Outstanding --------------86.81M140.51M161.94M164.97M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -32.83M-32.85M-23.63M-18.23M-126.09M-258.77M-144.48M-184.82M-136.62M-42.54M322.95M-415.94M-713.97M-87.26M-244.63M
Investing Cash Flow 2.35M-21.27M18.54M-32.26M-21.27M28.02M35.97M28.60M38.49M-377.78M100.15M-92.98M-58.81M-204.04M-78.27M
Financing Cash Flow 42.29M23.43M11.13M53.79M208.28M279.85M64.54M102.81M98.38M984.76M461.71M324.99M4.47M260.58M27.74M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------------43.5%38.2%70.3%93.5%
Operating Margin % --11,222.7%-146.9%-134.4%-250.7%-273.0%-433.8%-1,752.8%-550.8%-507.2%-646.1%-87.6%--40.3%-101.8%-36.5%49.0%
Net Margin % --10,410.5%-131.8%-129.1%-248.5%-270.5%-432.9%-1,823.5%-589.5%-538.8%-711.0%-87.9%--41.1%-98.0%-27.5%39.2%
ROE % -57.7%-60.5%-36.0%-35.5%-25.6%-36.1%-53.6%5,048.1%180.6%110.0%71.3%-66.7%-103.8%76.0%30.1%-344.7%
ROCE % --59.6%-36.6%-32.7%-24.2%-34.6%-50.8%-82.1%-75.0%-107.1%-81.9%-41.6%-320.3%-348.9%-61.3%76.8%

Shareholding Pattern

Insiders
5.08%
Institutions
69.64%
Public Float
73.37%

Top Institutional Holders

#Holder% HeldSharesValue
1 Shah Capital Management 9.03% 14.85M $141.18M
2 Blackrock Inc. 7.81% 12.84M $122.15M
3 State Street Corporation 5.46% 8.97M $85.31M
4 Shaw D.E. & Co., Inc. 4.69% 7.71M $73.32M
5 Vanguard Portfolio Management LLC 4.35% 7.15M $68.01M
6 Vanguard Capital Management LLC 4.34% 7.13M $67.81M
7 Sanofi 4.18% 6.88M $65.43M
8 Bank of America Corporation 4.04% 6.64M $63.12M
9 UBS Group AG 2.72% 4.48M $42.58M
10 Geode Capital Management, LLC 2.37% 3.90M $37.07M

Analyst View

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Latest News

Recent headlines for NVAX

Google News ue, 14 Jul 2026

Novavax (NVAX) Stock Sinks As Market Gains: Here's Why - Yahoo! Finance Canada

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Google News Sat, 11 Jul 2026

NVAX Stock Rises Overnight Ahead Of Q4 Print With Pfizer Tailwinds — Analyst Warns Of 20% Crash - Stocktwits

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Google News Sun, 12 Jul 2026

(NVAX) Price Dynamics and Execution-Aware Positioning - Stock Traders Daily

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Google News Fri, 08 May 2026

Why Novavax (NVAX) Stock Is Trading Up Today - StockStory

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Novavax (NVAX) Dropped From Major Russell Growth Indices And Why It Matters - Yahoo Finance

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Google News Sun, 12 Jul 2026

Novavax Stock Hits Over 1-Year High: Is Sanofi’s Flu-COVID Shot The Post-Pandemic Growth Driver? - Stocktwits

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NVAX — Frequently Asked Questions

What is the current share price of Novavax, Inc. (NVAX)?

As of 2026-07-14 21:23 PDT, Novavax, Inc. (NVAX) trades at $8.42 on NasdaqGS. Its 52-week range is $6.22 to $11.19.

What is the market capitalisation of NVAX?

Novavax, Inc. (NVAX) has a market capitalisation of $1.38B on NasdaqGS.

What is the P/E ratio of NVAX?

NVAX trades at a trailing price-to-earnings (P/E) ratio of -15.04. The industry average P/E is 25.41. Its price-to-book (P/B) ratio is -10.09.

Is NVAX a good stock to buy?

This page provides a data-driven analysis of Novavax, Inc. (NVAX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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