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What is Wall Street's Target Price for Novavax Inc (NVAX) Stock Friday?

Friday, January 27, 2023 11:35 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Novavax Inc (NVAX) Stock Friday?

InvestorsObserver is giving Novavax Inc (NVAX) an Analyst Rating Rank of 19, meaning NVAX is ranked higher by analysts than 19% of stocks. The average price target for NVAX is $55.333 and analyst’s rate the stock as a Buy.

Overall Score - 3.4
Wall Street analysts are rating NVAX a Buy today. Find out what this means to you and get the rest of the rankings on NVAX!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Novavax Inc Stock Today?

Novavax Inc (NVAX) stock has fallen -0.82% while the S&P 500 has gained 0.22% as of 11:22 AM on Friday, Jan 27. NVAX is down -$0.09 from the previous closing price of $10.98 on volume of 1,872,803 shares. Over the past year the S&P 500 is down -5.94% while NVAX is down -85.07%. NVAX lost -$17.25 per share the over the last 12 months. Click Here to get the full Stock Report for Novavax Inc stock.

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