Vaxcyte (PCVX) stock price is $66.23, up 4.00% on the day, as of Oct 20, 2026. It has a market cap of $9.60Bn, and is classified in the Biotechnology industry (Healthcare sector).
Enterprise Value
Margins
P/FCF
Key Stats
Market Cap9.60 Bn
P/E-9.02
Div. Yield0.00
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About
Vaxcyte, Inc. is a clinical stage vaccine innovation company engineering high fidelity vaccines to protect humankind from bacterial diseases. The company uses its XpressCF cell free protein synthesis platform to design and produce complex antigens that are difficult to make with traditional cell based methods. Its technology enables site specific conjugation of polysaccharides to protein carriers which reduces carrier suppression and enhances immune response. Vaxcyte’s…
Vaxcyte, Inc. is a clinical stage vaccine innovation company engineering high fidelity vaccines to protect humankind from bacterial diseases. The company uses its XpressCF cell free protein synthesis platform to design and produce complex antigens that are difficult to make with traditional cell based methods. Its technology enables site specific conjugation of polysaccharides to protein carriers which reduces carrier suppression and enhances immune response. Vaxcyte’s pipeline includes multiple pneumococcal vaccine candidates such as VAX-31 VAX-24 and VAX-XL aimed at preventing invasive pneumococcal disease and pneumonia in adults and children. The company is also developing a Group A Streptococcus vaccine candidate VAX-A1 and a Shigella vaccine candidate VAX-GI to address infections with no approved vaccines. Headquarters are located in San Carlos California and the company employs a team of scientists and clinicians focused on vaccine research and development.
Vaxcyte does not yet generate revenue from product sales as its vaccine candidates remain in clinical or preclinical stages. The company receives financial support from research grants awarded by organizations such as CARB-X and the National Institutes of Health. It also enters into collaboration agreements with academic institutions and contract manufacturing organizations that include funding for research development and manufacturing activities. Additionally Vaxcyte may earn milestone payments and royalties from partners upon achievement of predefined development or commercial goals. These sources constitute the company’s current revenue streams while it advances its pipeline toward potential approval and launch.
Vaxcyte operates in a highly competitive vaccine market dominated by large pharmaceutical companies such as Pfizer Merck GSK and Sanofi. In the pneumococcal vaccine segment its candidates VAX-31 VAX-24 and VAX-XL aim to offer broader serotype coverage than existing products like PCV20 PCV21 PCV15 and Synflorix. The company’s cell free platform provides a technical advantage by enabling precise antigen attachment and reducing the amount of protein carrier needed per dose which helps mitigate carrier suppression. This approach may allow Vaxcyte to produce vaccines with improved immunogenicity and durability compared to conventional alternatives. Beyond pneumococcal disease Vaxcyte’s work on Group A Streptococcus and Shigella addresses areas of unmet need where few competitors have advanced candidates beyond early research. The combination of a differentiated technology platform and a focused pipeline positions Vaxcyte to compete effectively despite its smaller size relative to industry leaders.
The company’s future customers will include healthcare providers such as hospitals clinics and pharmacies that administer vaccines to patients. Public health agencies at the national state and local levels are also expected to be purchasers of its vaccines for inclusion in immunization programs. Patients themselves benefit from the vaccines which are designed to prevent serious bacterial infections across pediatric and adult populations. While Vaxcyte has not yet disclosed specific customer names its target market consists of entities involved in disease prevention and treatment worldwide. The company anticipates demand from both developed and emerging economies as global awareness of vaccine preventable diseases grows.
Sector:HealthcareSector rationaleVaxcyte is a clinical-stage vaccine company developing pharmaceutical products such as VAX-31 and VAX-A1 to treat bacterial diseases. Its business model is centered on the discovery, development, and future sale of vaccines to healthcare providers and public health agencies, which falls squarely within the Pharmaceuticals and Biotechnology industries of the Healthcare sector.Industry:BiotechnologyBiotechnologyPrimaryVaxcyte is a clinical-stage biotechnology company developing vaccines using its XpressCF cell-free protein synthesis platform to produce complex antigens. Its revenue model currently consists of research grants, collaboration funding, and potential milestone payments and royalties, which is characteristic of H-02.Classified using BQ-MICSCIK: 0001649094
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How Vaxcyte ranks
Ranked against the 673 companies in Pharmaceuticals and Biotechnology·58 metrics · as of Oct 16, 2026
Valuation
12 metrics · Lower multiples rank higher; a negative multiple ranks last