Evaxion Biotech AS (EVAX)

Evaxion Biotech AS is listed on NASDAQ through an ADR, a depositary receipt representing the company’s common stock. The underlying issuer is a clinical-stage biotechnology company focused on AI-powered immunology vaccines. Its pipeline includes EVX-01, a phase 2 candidate being studied globally for advanced melanoma; EVX-03, a DNA-based cancer vaccine for solid tumors; and EVX-04, a therapeutic cancer vaccine in phase 1 development for acute myeloid leukemia. The company also has several pre-clinical vaccine programs, including candidates targeting Staphylococcus aureus skin and soft tissue infections, gonorrhea, a bacterial pathogen linked to recurrent infections, and cytomegalovirus. Founded in 2008 and based in Hørsholm, Denmark, the company was previously known as Evaxion Biotech A/S and adopted the name Evaxion A/S in May 2025.


Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-EVAX
$3.85
28.2% Upside
Undervalued
$11.25
275.0% Upside
Bargain
Good
0.0%
August 20, 2026
-2.6x
1.9x
3.3x
24.52 M
6.497 M
0.0%
68.1%
-11.4
68.0%
Valuation • Fair Value

Evaxion Biotech AS (NASDAQ-EVAX) Fair Value by Valuation Model

Compare the primary fair value estimate for Evaxion Biotech AS (NASDAQ-EVAX) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$3.85

Estimated upside of 28.2% versus the current market price.

Fair Value Confidence

Low

Confidence level for the primary fair value estimate.

DCF Fair Value

$2.72

Discounted cash flow valuation reference.

Ben Graham Formula Value

$0

Classic Ben Graham valuation formula reference.

DDM Fair Value

NM

Dividend discount model valuation reference.

EPV Fair Value

NM

Earnings power value estimate.

Comps Fair Value

$4.30

Comparable-company valuation reference.

Analyst Price Target

$11.25

Analysts imply upside of 275.0%.

How to read these valuation models

Use this section to compare the primary fair value estimate for Evaxion Biotech AS (NASDAQ-EVAX) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for Evaxion Biotech AS (NASDAQ-EVAX)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

7.528 M

Current operating scale indicator.

Revenue Forecast

13.174 M

Forward revenue estimate.

EBITDA

-8.825 M

Current operating profitability reference.

EBITDA Forecast

-15 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Evaxion Biotech AS (NASDAQ-EVAX) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Evaxion Biotech AS (NASDAQ-EVAX)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Good

Positive financial-health read.

Piotroski Score

4

Mid-range quality score.

Beneish M-Score

NM

Forensic accounting screen.

Altman Z-Score

-11.4

Lower score that deserves closer risk review.

FCF / Net Income

68.0%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Evaxion Biotech AS (NASDAQ-EVAX). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Evaxion Biotech AS (NASDAQ-EVAX)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

August 20, 2026

Days to Earnings

30

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

0.0%

Income yield reference.

Upcoming Dividend

Not available

Data is currently unavailable.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

Not available

Data is currently unavailable.

Payout Ratio

Not available

Data is currently unavailable.

How to read events and dividends

This section helps investors track time-sensitive items for Evaxion Biotech AS (NASDAQ-EVAX), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Evaxion Biotech AS (NASDAQ-EVAX) Stock Forecast & Technical Outlook

Review Evaxion Biotech AS (NASDAQ-EVAX) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for Evaxion Biotech AS (NASDAQ-EVAX) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for Evaxion Biotech AS (NASDAQ-EVAX) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Evaxion Biotech AS (NASDAQ-EVAX) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for Evaxion Biotech AS (NASDAQ-EVAX) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Sell

The monthly technical read for Evaxion Biotech AS (NASDAQ-EVAX) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Evaxion Biotech AS (NASDAQ-EVAX)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, Evaxion Biotech AS (NASDAQ-EVAX) has a Strong Buy consensus, with 3 buy, 0 hold and 0 sell recommendations in the current data set.

Buy 3
Hold 0
Sell 0
FAQ Fast Investor Answers

Evaxion Biotech AS (NASDAQ-EVAX) Stock FAQ

Quick answers about Evaxion Biotech AS (NASDAQ-EVAX) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$3.85
Estimated upside 28.2%
Valuation Rating
Undervalued
Estimated upside of 28.2%
Analyst Target
$11.25
Implied upside 275.0%
Financial Health
Good
Current financial-health read

The current fair value estimate for Evaxion Biotech AS (NASDAQ-EVAX) is $3.85. This implies an estimated upside of 28.2% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 28.2% versus the current market price.

The available analyst price target for Evaxion Biotech AS (NASDAQ-EVAX) is $11.25. The analyst target implies estimated upside of 275.0%.

The current financial health read for Evaxion Biotech AS (NASDAQ-EVAX) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Evaxion Biotech AS (NASDAQ-EVAX) is August 20, 2026.

Based on the current data, dividend yield is 0.0%.

The current P/E ratio listed for Evaxion Biotech AS (NASDAQ-EVAX) is -2.6x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Evaxion Biotech AS is 24.52 M.

The current enterprise value listed for Evaxion Biotech AS is 6.497 M. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Evaxion Biotech AS is NASDAQ-EVAX, and the stock is listed on NASDAQ.

Evaxion Biotech AS (NASDAQ-EVAX) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Evaxion Biotech AS is 0.0%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Evaxion Biotech AS is 68.1%. Free float helps investors understand how much of the share base is available for public trading.