The nvax stock price forecast incorporates technical chart formations such as ascending triangles developing on hourly timeframes. A confirmed breakout above $5 could push momentum-driven buying. Have a read of the narrative in full and understand what's behind the forecasts. Novavax, Inc. (NYSE:NVAX) has recently entered into a strategic partnership with Sanofi, a global leader in vaccine development and commercialization. This partnership, which includes a license and collaboration agreement, is a cornerstone of the company’s growth strategy. Sanofi will take the lead in co-commercializing Novavax, Inc.’s (NYSE:NVAX) COVID-19 vaccine starting in 2025, allowing the company to monetize its existing vaccine program through royalties and potential milestone payments. The nvax stock price forecast points to possible range-bound action as risk appetite remains muted. NVAX’s beta above 1.5 makes it sensitive to broader market swings, and moving averages at $4.80 are being watched by traders for breakout confirmation.
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