Insights into Dynavax Technologies's Upcoming Earnings

Dynavax Technologies (NASDAQ:DVAX) will release its quarterly earnings report on Thursday, 2024-11-07. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Dynavax Technologies to report an earnings per share (EPS) of $0.11.

The announcement from Dynavax Technologies is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.02, leading to a 6.97% increase in the share price the following trading session.

Here's a look at Dynavax Technologies's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.06

-0.02

-0.01

-0.01

EPS Actual

0.08

-0.07

0

0.10

Price Change %

7.000000000000001%

-5.0%

2.0%

1.0%

Performance of Dynavax Technologies Shares

Shares of Dynavax Technologies were trading at $12.01 as of November 05. Over the last 52-week period, shares are down 6.38%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Analyst Insights on Dynavax Technologies

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Dynavax Technologies.

The consensus rating for Dynavax Technologies is Buy, based on 2 analyst ratings. With an average one-year price target of $22.0, there's ...