{
  "symbol": "NVAX",
  "company": "Novavax, Inc.",
  "generated_at": "2026-06-24T07:36:50.947Z",
  "event_count": 1,
  "events": [
    {
      "type": "scout_dossier",
      "ts": "2026-06-23T12:40:18.217Z",
      "summary": "Novavax has completed its strategic pivot from direct COVID-19 vaccine sales to a licensing/adjuvent model following the Sanofi (Europe handoff) and Pfizer ($30M upfront + up to $500M milestones for Matrix-M in two disease fields) deals. Q1 2026 results beat on partnership-driven revenue ($139.5M), but the company remains unprofitable with deeply negative forward P/E. The stock is 24.8% off its recent peak near $11.19 (Feb 26, 2026) and has drifted below its 50-DMA into consolidation. All insider Form 4s reviewed are RSU vesting events — no open-market purchases by executives. The Aug 5 earnings represents the next key catalyst. Options flow shows heavy OI concentration in OTM $12 calls (283 contracts), suggesting bull-side speculative positioning, but IV data is unreliable (null bid/ask across most strikes).",
      "verdict": "no_anomaly",
      "confidence": 4,
      "tool_calls": 28,
      "walltime_min": 21,
      "debug_path": "dossiers/2026-06-23-NVAX.scout.debug.json"
    }
  ],
  "lessons": [],
  "chart_signal": {
    "ticker": "NVAX",
    "call": "HOLD",
    "confidence": 2,
    "score": 1,
    "factors": {
      "above_200dma": "+2",
      "below_50dma": "-1",
      "momentum_strong_up": "+2 (38.4%)",
      "rsi_neutral": "0 (46.4)",
      "recent_macd_bearish_cross": "-2 (11d ago)",
      "from_high": "0 (-19.6%)"
    },
    "summary": "HOLD (score +1) · 12-1 mom 38.4% · RSI 46.4 · above_200_only · -19.6% from high",
    "last_close": 9,
    "one_month_ago_close": 8.98,
    "twelve_month_ago_close": 6.49,
    "twelve_one_momentum_pct": 38.37,
    "rsi_14": 46.4,
    "ma_stack": "above_200_only",
    "from_period_high_pct": -19.57,
    "period_high": 11.19,
    "price_targets": {
      "bear": 7,
      "fair": 10.73,
      "bull": 25,
      "bear_return_pct": -22.2,
      "fair_return_pct": 19.2,
      "bull_return_pct": 177.8,
      "method": "street_targets ⨯ chart_floors",
      "street": {
        "target_low": 7,
        "target_mean": 14.11333,
        "target_high": 25,
        "analyst_count": 9
      }
    },
    "generated_at": "2026-06-24T07:36:50.943Z"
  }
}