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Although this slump was obviously disappointing, the clinical-stage biopharmaceutical company has seen 1 positive revision and its current year loss consensus has narrowed down over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for NVAX. So make sure to keep an eye on this stock going forward to see if yesterday's price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
NVAX currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Biomed industry include Gilead Sciences Inc. GILD, ANI Pharmaceuticals, Inc. ANIP and Illumina Inc. ILMN. All these stocks carry a Zacks Rank #1 (Strong Buy).
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Click to get this free reportNOVAVAX INC NVAX: Free Stock Analysis Report
GILEAD SCIENCES GILD: Free Stock Analysis Report
ANI PHARMACEUT ANIP: Free Stock Analysis Report
ILLUMINA INC ILMN: Free Stock Analysis Report
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