Alert: Negative Investment/Fundamental Signals (8/5/24)-Dynavax Technologies Corp (NASDAQ: DVAX)

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Recent extremely important negative changes in fundamentals have impacted Dynavax Technologies Corp (NASDAQ: DVAX): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

Dynavax Technologies Corp (NASDAQ: DVAX) suffers from notable negative changes in investment behavior: its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

DVAX is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Dynavax Technologies has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Dynavax Technologies has a neutral Appreciation Score of 50 and a slightly negative Power Rating of 33, triggering the Negative Value Trend Rating.

Recent Price Action

Dynavax Technologies Corp (NASDAQ: DVAX) stock closed at $10.07 on 8/5/24 after a decline of -4.4%. Moreover, trading volume in this decline was above average at 147% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -13.3% during the last week.

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