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NVAX Stock Eyes Breakout Week: Novavax Claims Patients Were ‘Twice As Likely’ To Pick Its COVID Shot Over Moderna Again
Novavax (NVAX) shares are experiencing a breakout week after the company reported strong Q1 results, surpassing analyst estimates with revenue of $139.5 million. The positive performance was further bolstered by new data indicating that Novavax’s Nuvaxovid COVID vaccine produced “statistically fewer side effects” than Moderna’s mNEXSPIKE, leading patients to be “twice as likely” to choose it again. Novavax also reaffirmed its 2026 adjusted revenue outlook and highlighted licensing agreements with Pfizer and Sanofi, which are expected to generate significant milestone and royalty revenues as the company shifts its focus from direct vaccine sales.