Icosavax, Inc.

NasdaqGS:ICVX Stock Report

Market Cap: US$777.8m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Icosavax Past Earnings Performance

Past criteria checks 0/6

Icosavax's earnings have been declining at an average annual rate of -46.5%, while the Biotechs industry saw earnings growing at 16.4% annually. Revenues have been declining at an average rate of 58.9% per year.

Key information

-46.46%

Earnings growth rate

37.46%

EPS growth rate

Biotechs Industry Growth17.04%
Revenue growth rate-58.88%
Return on equity-41.62%
Net Marginn/a
Last Earnings Update30 Sep 2023

Recent past performance updates

Recent updates

Analysis Article Jul 04

We Think Icosavax (NASDAQ:ICVX) Can Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article Mar 10

Will Icosavax (NASDAQ:ICVX) Spend Its Cash Wisely?

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Oct 18

Is Icosavax (NASDAQ:ICVX) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Seeking Alpha Aug 15

Icosavax GAAP EPS of -$0.57

Icosavax press release (NASDAQ:ICVX): Q2 GAAP EPS of -$0.57. Cash and cash equivalents, restricted cash, and short-term investments of $243.9M at end 2Q 2022.
Seeking Alpha Jul 28

Icosavax to pursue COVID bivalent vaccine in 2023 as biotech highlights near-term milestones

Icosavax (NASDAQ:ICVX) will select a bivalent COVID-19 vaccine to move forward with in 2023 following an investigation into its monovalent COVID vaccine IVX-411. Phase 1/2b topline data for IVX-411 showed an immunologic response that was inconsistent with expectations. A company investigation found that the reduced efficacy was antigen-specific, adding that there are no indications there are issues with the company's virus-like particles technology or other vaccines. In the near-term, by the end of 2022, Icosavax (ICVX) expect to begin a Phase 1 trial IVX-A12, a respiratory syncytial virus (RSV) and human metapneumovirus (hMPV) bivalent vaccine. Also, 6-month immunogenicity data from a phase 1b extension study for monovalent RSV vaccine IVX-121 is expected by early 2023. In late June, Icosavax shares fell after releasing top-line phase 1 data on IVX-121.
Analysis Article Jun 22

Here's Why We're Not Too Worried About Icosavax's (NASDAQ:ICVX) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Mar 24

Here's Why We're Not Too Worried About Icosavax's (NASDAQ:ICVX) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Oct 29

We're Hopeful That Icosavax (NASDAQ:ICVX) Will Use Its Cash Wisely

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Revenue & Expenses Breakdown

How Icosavax makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:ICVX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 230-97360
30 Jun 230-97350
31 Mar 230-93330
31 Dec 221-92300
30 Sep 223-8670
30 Jun 224-99240
31 Mar 226-85190
31 Dec 218-67140
30 Sep 217-53290
30 Jun 216-2550
31 Mar 214-2130
31 Dec 202-1930

Quality Earnings: ICVX is currently unprofitable.

Growing Profit Margin: ICVX is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ICVX is unprofitable, and losses have increased over the past 5 years at a rate of 46.5% per year.

Accelerating Growth: Unable to compare ICVX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ICVX is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-8.1%).


Return on Equity

High ROE: ICVX has a negative Return on Equity (-41.62%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/02/19 20:04
End of Day Share Price 2024/02/16 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Icosavax, Inc. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joshua SchimmerEvercore ISI
Seamus FernandezGuggenheim Securities, LLC
Roger SongJefferies LLC