Business StrategyAnalyst reiterates a Buy rating on Novavax, Inc. due to a major business model change underway, focusing primarily on R&D with potential value-creating partnerships.
Market PerformanceStrong early launch trends indicate that the lower end of the U.S. commercial sales guide is attainable, with revised estimates exceeding consensus expectations.
Product DevelopmentThe initiation of Phase III CIC and flu trial is seen as a key catalyst, with quick enrollment that could yield registration-enabling data by mid-2025.