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Novavax, Inc. (NVAX)

Healthcare | Biotechnology | Gaithersburg, United States | NasdaqGS
9.26 USD +0.21 (2.320%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 9.27 +0.01 (0.108%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:57 a.m. EDT

Novavax presents a stark dichotomy between a fundamentally broken business and a speculative vehicle for a potential miracle. The long-term outlook is severely compromised; the company is hemorrhaging cash with negative operating margins, shrinking revenues, and a balance sheet that has been decimated by years of decline. The stock has lost nearly 95% of its value over the last decade, and despite a recent uptick, the fundamentals remain dire with no visible path to profitability. However, the short-term picture is driven entirely by options flow, where traders are buying deep out-of-the-money calls like lottery tickets, betting on a sudden regulatory or scientific turnaround. This creates a volatile environment where the stock could gap up on news, but the underlying business quality does not support a sustained investment thesis. For now, this is a high-risk speculation on a binary event, not a value investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.176167
AutoETS0.176503
MSTL0.176637
AutoTheta0.246198

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 36%
H-stat 5.22
Ljung-Box p 0.000
Jarque-Bera p 0.208
Excess Kurtosis -1.19
Attribute Value
Sector Healthcare
Revenue per Share 2.536
Market Cap 1,527,397,504
Forward P/E -15.08
Beta 2.42
Profit Margins -59.87%
Website https://www.novavax.com

As of Aug. 22, 2026, 4:57 a.m. EDT: Speculators are positioning for significant volatility rather than a clear directional move. Call volume is heavily skewed toward out-of-the-money strikes (especially the $30 strike for Jan 2027), indicating a speculative bet on a massive recovery or biotech event, while put volume remains concentrated near the money ($7-$9 range) acting as a hedge against continued weakness. The heavy open interest in deep OTM calls suggests a 'lottery ticket' mentality among retail traders hoping for a vaccine breakthrough or FDA approval catalyst, whereas institutional hedging appears limited.


Info Dump

Attribute Value
52 Week Change 0.22649002
Address1 21 Firstfield Road
All Time High 331.68
All Time Low 3.53
Ask 11.0
Ask Size 2
Audit Risk 6
Average Daily Volume10 Day 5,563,980
Average Daily Volume3 Month 4,097,595
Average Volume 4,097,595
Average Volume10Days 5,563,980
Beta 2.416
Bid 6.59
Bid Size 2
Board Risk 5
Book Value -1.157
City Gaithersburg
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 9.26
Current Ratio 2.333
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 9.34
Day Low 8.89
Display Name Novavax
Dividend Date 1,557,446,400
Earnings Call Timestamp End 1,786,019,400
Earnings Call Timestamp Start 1,786,019,400
Earnings Timestamp 1,786,019,400
Earnings Timestamp End 1,793,881,800
Earnings Timestamp Start 1,793,881,800
Ebitda -101,552,000
Ebitda Margins -0.24542
Enterprise To Ebitda -10.885
Enterprise To Revenue 2.671
Enterprise Value 1,105,376,384
Eps Current Year -0.86
Eps Forward -0.61391
Eps Trailing Twelve Months -1.57
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.4618
Fifty Day Average Change 0.7982006
Fifty Day Average Change Percent 0.094329886
Fifty Two Week Change Percent 22.649002
Fifty Two Week High 11.97
Fifty Two Week High Change -2.71
Fifty Two Week High Change Percent -0.22639933
Fifty Two Week Low 6.2
Fifty Two Week Low Change 3.0600004
Fifty Two Week Low Change Percent 0.49354848
Fifty Two Week Range 6.2 - 11.97
Financial Currency USD
First Trade Date Milliseconds 818,173,800,000
Float Shares 142,524,653
Forward Eps -0.61391
Forward P E -15.083644
Free Cashflow 153,394,432
Full Exchange Name NasdaqGS
Full Time Employees 749
Fullday Change 0.21
Fullday Change Percent 2.32044
Fullday Price 9.27
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins -0.02558
Gross Profits -10,583,000
Has Pre Post Market Data 1
Held Percent Insiders 0.050619997
Held Percent Institutions 0.69009
Implied Shares Outstanding 164,945,726
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ir Website http://www.novavax.com/go.cfm?do=Stock.GetQuote
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,557,446,400
Last Split Factor 1:20
Long Business Summary 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.
Long Name Novavax, Inc.
Market us_market
Market Cap 1,527,397,504
Market State CLOSED
Max Age 86,400
Message Board Id finmb_350381
Most Recent Quarter 1,782,777,600
Net Income To Common -247,730,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,492,758,820
Number Of Analyst Opinions 9
Open 9.18
Operating Cashflow -36,901,000
Operating Margins -0.89608
Overall Risk 7
Payout Ratio 0.0
Peg Ratio 1.32
Phone 240 268 2000
Post Market Change 0.010000229
Post Market Change Percent 0.107993826
Post Market Price 9.27
Post Market Time 1,787,961,572
Previous Close 9.05
Price Eps Current Year -10.767442
Price Hint 2
Price To Book -8.003458
Price To Sales Trailing12 Months 3.6911848
Profit Margins -0.59868
Quick Ratio 2.233
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.21
Regular Market Change Percent 2.32044
Regular Market Day High 9.34
Regular Market Day Low 8.89
Regular Market Day Range 8.89 - 9.34
Regular Market Open 9.18
Regular Market Previous Close 9.05
Regular Market Price 9.26
Regular Market Time 1,787,947,200
Regular Market Volume 4,196,996
Return On Assets -0.0651
Revenue Growth -0.763
Revenue Per Share 2.536
Sand P52 Week Change 0.20204377
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 5
Shares Outstanding 164,945,726
Shares Percent Shares Out 0.2879
Shares Short 47,494,355
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 43,821,227
Short Name Novavax, Inc.
Short Percent Of Float 0.2898
Short Ratio 15.44
Source Interval 15
State MD
Symbol NVAX
Target High Price 25.0
Target Low Price 7.0
Target Mean Price 14.00222
Target Median Price 16.02
Total Cash 719,340,032
Total Cash Per Share 4.361
Total Debt 297,319,008
Total Revenue 413,796,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.57
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.47905
Two Hundred Day Average Change 0.78095055
Two Hundred Day Average Change Percent 0.09210355
Type Disp Equity
Volume 4,196,996
Website https://www.novavax.com
Zip 20,878