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Vaxart Secures Funding for COVID-19 Trial

Story Highlights
  • Vaxart received a stop work order for its project agreement with ATI on August 5, 2025.
  • Despite the order, Vaxart can continue its Phase 2b study and will receive funding for evaluating trial participants.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vaxart Secures Funding for COVID-19 Trial

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Vaxart ( (VXRT) ) just unveiled an announcement.

On August 5, 2025, Vaxart received a stop work order for its Project Agreement under the Consortium Base Agreement with ATI, funded by BARDA. Despite this, the company can continue follow-up efforts for a Phase 2b study involving its oral COVID-19 vaccine candidate. On October 8, 2025, a follow-up notice clarified that BARDA intends to exclude the paused work from the Project Agreement, but Vaxart will still receive funding for evaluating the trial’s 5,000 participants. The company believes the trial data will provide valuable insights and support for advancing its COVID program.

The most recent analyst rating on (VXRT) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Vaxart stock, see the VXRT Stock Forecast page.

Spark’s Take on VXRT Stock

According to Spark, TipRanks’ AI Analyst, VXRT is a Neutral.

Vaxart’s overall score is primarily driven by its strong revenue growth but is significantly hampered by profitability issues and negative valuation metrics. Technical indicators suggest a bearish trend, and while the earnings call provided some positive developments, operational challenges and compliance issues weigh heavily on the stock’s outlook.

To see Spark’s full report on VXRT stock, click here.

More about Vaxart

Vaxart, Inc. operates in the biotechnology industry, focusing on developing oral vaccines, including a COVID-19 vaccine candidate. The company aims to innovate in the vaccine market with its oral pill format, which could offer an alternative to traditional injection-based vaccines.

Average Trading Volume: 735,908

Technical Sentiment Signal: Sell

Current Market Cap: $78.58M

See more insights into VXRT stock on TipRanks’ Stock Analysis page.

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