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How to Buy Novavax Stock

Novavax Inc

Novavax, Inc. , a biotechnology company, focuses on the discovery, development, and commercialization of vaccines to prevent serious infectious diseases and address health needs.

Novavax stock last closed at $14.02, up 0.14% from the previous day, and has increased 110.19% in one year. It has overperformed other stocks in the Biotechnology industry by 1.27 percentage points. Novavax stock is currently +296.94% from its 52-week low of $3.53, and -41.24% from its 52-week high of $23.86.

At the moment, there are 140.4M shares of NVAX outstanding. The market capitalization of NVAX is $1.97B. In the past 24 hours, 8.51M NVAX shares were traded.

How to Buy Novavax Stock

Not sure how to invest in Novavax stock? Here's how.
  1. Choose where to buy Novavax stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Novavax stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Choose your payment method and add your information.
  4. Analyze Novavax stock: The Novavax ticker symbol is NVAX. Is Novavax stock a good investment? Should you buy shares of NVAX? How do NVAX's underlying business fundamentals look? Do top analysts think Novavax is a good buy? Why has NVAX's stock price moved recently? (Hint: Our stock analysis website can help you decide if NVAX is a good stock to buy).
  5. Execute your NVAX buy order: Decide if you will purchase NVAX shares at the current market price or use a limit order to purchase NVAX stock at a particular price.
  6. Get key alerts regarding your investment in NVAX: Create a watchlist to watch your position in Novavax shares.

Step 1: Choose where to buy Novavax stock

You need a brokerage account to access the NASDAQ market and buy NVAX stock.

A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the best brokerage, you'll need to fill out some personal info so you are able to buy NVAX today.

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  1. Submit your details by clicking the "Create Account" button.
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Step 3: Fund your investment account

Now that you've filled out your info on mobile trading apps, you can securely and quickly fund your account:

Watch this video walkthrough to see the process of depositing funds into your brokerage account.

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Step 4: Analyze Novavax stock

After you have decided on the best place to buy Novavax stock, it's absolutely critical to analyze their stock prior to buying, so you truly comprehend the risk as well as the opportunity.

Novavax stock data

NVAX Price
$14.02
1w %
-0.21%
1y %
110.19%
5y %
159.15%
P/E
-4.48x
P/B
-2.27x
P/S
1.97x
PEG
N/A
Revenue
$996.61M
Earnings
-$398.71M
Fore. Rev. Growth
-26.7%
Fore. Earn. Growth
N/A
Market Cap
$1.97B
Next Earnings
Aug 6, 2024
Next Dividend
N/A

NVAX Due Diligence Checks

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on NVAX's stock page.

Is NVAX stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NVAX's fair value.

You can access additional valuation research on NVAX's stock here.

NVAX Financial Overview

Pros:

  • NVAX has $491.04M in cash and short term investments. This is enough to cover its annual cash burn of $514.43M.

Cons:

  • There are more long-term liabilities than short-term assets on the NVAX balance sheet.
  • NVAX debt to equity ratio of -2.56 is negative.
  • NVAX profit margin has gone up by 0.45 percentage points in the past year, but the company is still unprofitable.
  • There are more short-term liabilities than short-term assets on the NVAX balance sheet.
  • NVAX has cash burn of 514427000. It does not have enough cash and short-term investments to cover this.
  • Total NVAX debt is still negative.

Is Novavax stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 4 sell side analysts who research NVAX, the consensus analyst rating on Novavax is a Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Novavax stock forecast page.

NVAX Momentum

SMA10
14.8
SMA20
15.95
SMA50
10.82
SMA100
7.74
SMA200
6.89
MACD
0.64
MACD Signal
1.39
MACD Histogram
-0.74
RSI
49.37
Stochastic %K
8.95
Stochastic %D
8.09
StochRSI %K
2.95
StochRSI %D
2.02

NVAX Earnings

Last year, NVAX revenue was $996.61M. During the last five year, NVAX's revenue has grown by 103.41% per year. This was faster than the Biotechnology industry average of 31.8%.

You can analyze NVAX's earnings and revenue performance here.

Are NVAX insiders buying or selling the stock?

Over the last year, insiders at NVAX have sold more shares than they have bought.

James F. Young, Director of NVAX, was the latest NVAX insider to sell. They sold $15,807.96 worth of NVAX shares on Jun 18, 2024.

Learn more about who owns NVAX shares here.

Does NVAX stock generate passive income?

No, Novavax doesn't provide an income stream by paying out dividends.

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Step 5: Execute your NVAX buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.

Hit the Open Trade button and eToro will execute the order.

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Step 6: Get key alerts regarding your investment in NVAX

Now that you own some NVAX shares, you'll want to stay up-to-date on your company.

Make a watchlist to track the latest developments regarding your NVAX stock.

NVAX Feed

How to Buy Stock in Novavax

To summarize, here are the 6 steps for buying Novavax stock:

  1. Choose where to buy Novavax stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Analyze Novavax stock
  5. Execute your NVAX buy order
  6. Get key alerts regarding your investment in NVAX

If you need a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your investment in Novavax, create a watchlist on WallStreetZen today.

NASDAQ: NVAX
$14.02+0.02 (+0.14%)
Updated Jun 24, 2024
Open eToro Account
NASDAQ: NVAX
$14.02+0.02 (+0.14%)
Updated Jun 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Novavax share?

As of Jun 24, 2024, it costs $14.02 to buy one share of Novavax stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.499 shares of NVAX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Novavax stock?

According to 4 Wall Street analysts who monitor Novavax, their consensus recommendation is to buy Novavax stock.

What is the best way to buy Novavax stock?

One way to place an order for Novavax stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.