Where Will Novavax Be in 3 Years?
A lot can happen in just a few years, and (NASDAQ: NVAX) is the proof of that. Three years ago, the company was rushing toward the coronavirus vaccine finish line -- and the shares were soaring. Today, though, the situation is much different. Novavax brought its vaccine to market, but its late arrival meant it lost out on the biggest revenue opportunity.
Since then, the shares have plummeted, and the biotech has been drastically cutting costs and manufacturing infrastructure to keep its business going.
But the story doesn't end here. In fact, three more years could push Novavax into yet another standout chapter. That's when the company aims to launch a potentially game-changing product, a combined coronavirus/flu vaccine. Where will Novavax be in three years? Let's find out.
Source Fool.com
Novavax Inc. Stock
Currently there is a rather positive sentiment for Novavax Inc. with 8 Buy predictions and 3 Sell predictions.
As a result the target price of 11 € shows a very positive potential of 57.14% compared to the current price of 7.0 € for Novavax Inc..
