NASDAQ$PCVX
Vaxcyte Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported financial results for the second quarter ended June 30, 2021 and provided a business update.
Vaxcyte reported a net loss of $23.7 million for the second quarter of 2021, with cash, cash equivalents, and investments totaling $341.0 million. The company is advancing its VAX-24 program and received additional funding from CARB-X to advance VAX-A1.
- Advanced VAX-24 IND-Enabling Activities, completing manufacturing and testing of 24 GMP conjugated DS.
- Received an additional $3.2 million award from CARB-X to advance development of VAX-A1.
- Published new research supporting the power of Vaxcyte’s Technology Platform.
- Strengthened Advisory Board with Appointment of Dr. Emmanuel Walter from Duke University School of Medicine.
Headline financials
Revenue & EPS history
Vaxcyte · Revenue · Quarterly
$0
Forward guidance
Vaxcyte anticipates several key milestones including submitting an IND application for VAX-24 between January and June 2022 and initiating IND-enabling studies for VAX-A1 in the second half of 2021.
Tailwinds
- VAX-24: Expects to submit an IND application to the FDA between January and June 2022.
- VAX-24: Anticipates announcing topline data between late 2022 and early 2023 from the ensuing Phase 1/2 clinical proof-of-concept study in adults aged 50 and older.
- VAX-A1: Plans to initiate IND-enabling studies in the second half of 2021.
- VAX-PG: Expects to nominate a final vaccine candidate in the first half of 2022.
Headwinds
- Extended timelines required to access certain critical components due to the COVID-19 pandemic.
- Availability of research support to complete preclinical proof-of-concept studies may impact timelines.
- Potential delays or inability to obtain and maintain required regulatory approvals for its vaccine candidates.
- Risks and uncertainties inherent with preclinical and clinical development processes.
- Sufficiency of cash and other funding to support Vaxcyte’s development programs and other operating expenses.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.6%
Avg return
Earnings day
+0.8%
Avg return
5 days after
-0.2%
Avg return
30 days after
50%
11 / 22 earnings
Positive
+23.8%
Q2 2020
Best reaction
-21.5%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +2.7% | +1.0% | -13.3% | |
| Q3 2025 | -2.5% | +3.8% | +12.4% | |
| Q2 2025 | -9.1% | -9.1% | +0.1% | |
| Q1 2025 | +8.3% | +3.6% | +27.6% | |
| Q4 2024 | -0.9% | -9.1% | -12.5% | |
| Q3 2024 | -2.3% | +0.2% | -15.4% | |
| Q1 2024 | -2.9% | -2.7% | +5.1% | |
| Q4 2023 | -4.9% | -9.2% | -13.5% | |
| Q3 2023 | -1.0% | -5.1% | +10.8% | |
| Q2 2023 | -2.5% | -2.0% | +3.4% | |
| Q1 2023 | +3.7% | -3.7% | -0.3% | |
| Q4 2022 | -1.8% | +2.0% | -11.6% | |
| Q3 2022 | +4.2% | +3.3% | +0.6% | |
| Q2 2022 | +0.4% | +1.7% | +6.1% | |
| Q1 2022 | -11.4% | -3.0% | -14.8% | |
| Q4 2021 | +5.5% | +1.5% | +6.5% | |
| Q3 2021 | +3.4% | +4.7% | -12.7% | |
| Q2 2021 | +5.1% | +3.6% | +3.1% | |
| Q1 2021 | +13.5% | +17.0% | +40.5% | |
| Q4 2020 | -21.5% | -11.9% | -17.3% | |
| Q3 2020 | +3.9% | -0.2% | -15.3% | |
| Q2 2020 | +23.8% | +31.0% | +5.5% | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro