Compare Stocks

2 / 10
Try these comparisons:

Stock Comparison

INO vs DVAX

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
INO
Inovio Pharmaceuticals, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$642M
5Y Perf.-99.2%
DVAX
Dynavax Technologies Corporation

Drug Manufacturers - Specialty & Generic

HealthcareNASDAQ • US
Market Cap$1.82B
5Y Perf.+153.1%

INO vs DVAX — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
INO logoINO
DVAX logoDVAX
IndustryBiotechnologyDrug Manufacturers - Specialty & Generic
Market Cap$642M$1.82B
Revenue (TTM)$0.00$331M
Net Income (TTM)$-84.95B$-43M
Gross Margin83.2%
Operating Margin3.2%
Forward P/E31.6x
Total Debt$9.37B$254M
Cash & Equiv.$44.27B$96M

INO vs DVAXLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

INO
DVAX
StockMay 20May 26Return
Inovio Pharmaceutic… (INO)1000.8-99.2%
Dynavax Technologie… (DVAX)100253.1+153.1%

Price return only. Dividends and distributions are not included.

Quick Verdict: INO vs DVAX

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: DVAX leads in 4 of 5 categories, making it the strongest pick for growth and revenue expansion and capital preservation and lower volatility. As sector peers, any of these can serve as alternatives in the same allocation.
INO
Inovio Pharmaceuticals, Inc.
The Specific-Use Pick

In this particular matchup, INO is outpaced on most metrics by others in the set.

Best for: healthcare exposure
DVAX
Dynavax Technologies Corporation
The Income Pick

DVAX carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • beta 0.75
  • Rev growth 19.4%, EPS growth 5.0%, 3Y rev CAGR -14.2%
  • 2.9% 10Y total return vs INO's -98.6%
Best for: income & stability and growth exposure
See the full category breakdown
CategoryWinnerWhy
GrowthDVAX logoDVAX19.4% revenue growth vs INO's -100.0%
Stability / SafetyDVAX logoDVAXBeta 0.75 vs INO's 1.31
DividendsTieNeither stock pays a meaningful dividend
Momentum (1Y)DVAX logoDVAX+59.5% vs INO's -22.2%
Efficiency (ROA)DVAX logoDVAX-4.6% ROA vs INO's -455.9%

INO vs DVAX — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

INOInovio Pharmaceuticals, Inc.
FY 2025
Reportable Segments
100.0%$65,343
DVAXDynavax Technologies Corporation
FY 2024
H E P L I S A V B
96.8%$268M
Other Revenue
3.2%$9M

INO vs DVAX — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLDVAXLAGGINGINO

Income & Cash Flow (Last 12 Months)

Evenly matched — INO and DVAX each lead in 1 of 2 comparable metrics.

DVAX and INO operate at a comparable scale, with $331M and $0 in trailing revenue. On growth, DVAX holds the edge at +17.7% YoY revenue growth, suggesting stronger near-term business momentum.

MetricINO logoINOInovio Pharmaceut…DVAX logoDVAXDynavax Technolog…
RevenueTrailing 12 months$0$331M
EBITDAEarnings before interest/tax-$86.8B$19M
Net IncomeAfter-tax profit-$84.9B-$43M
Free Cash FlowCash after capex-$19.4B$81M
Gross MarginGross profit ÷ Revenue+83.2%
Operating MarginEBIT ÷ Revenue+3.2%
Net MarginNet income ÷ Revenue-13.1%
FCF MarginFCF ÷ Revenue+24.4%
Rev. Growth (YoY)Latest quarter vs prior year-155.9%+17.7%
EPS Growth (YoY)Latest quarter vs prior year+1036.4%+90.9%
Evenly matched — INO and DVAX each lead in 1 of 2 comparable metrics.

Valuation Metrics

INO leads this category, winning 2 of 2 comparable metrics.
MetricINO logoINOInovio Pharmaceut…DVAX logoDVAXDynavax Technolog…
Market CapShares × price$642M$1.8B
Enterprise ValueMkt cap + debt − cash-$34.3B$2.0B
Trailing P/EPrice ÷ TTM EPS-0.76x77.50x
Forward P/EPrice ÷ next-FY EPS est.31.59x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple503.23x
Price / SalesMarket cap ÷ Revenue6.56x
Price / BookPrice ÷ Book value/share0.03x3.46x
Price / FCFMarket cap ÷ FCF30.24x
INO leads this category, winning 2 of 2 comparable metrics.

Profitability & Efficiency

DVAX leads this category, winning 5 of 7 comparable metrics.

DVAX delivers a -8.1% return on equity — every $100 of shareholder capital generates $-8 in annual profit, vs $-14 for INO. INO carries lower financial leverage with a 0.39x debt-to-equity ratio, signaling a more conservative balance sheet compared to DVAX's 0.43x. On the Piotroski fundamental quality scale (0–9), DVAX scores 6/9 vs INO's 0/9, reflecting solid financial health.

MetricINO logoINOInovio Pharmaceut…DVAX logoDVAXDynavax Technolog…
ROE (TTM)Return on equity-14.1%-8.1%
ROA (TTM)Return on assets-4.6%-4.6%
ROICReturn on invested capital-0.4%
ROCEReturn on capital employed-5.7%-0.4%
Piotroski ScoreFundamental quality 0–906
Debt / EquityFinancial leverage0.39x0.43x
Net DebtTotal debt minus cash-$34.9B$159M
Cash & Equiv.Liquid assets$44.3B$96M
Total DebtShort + long-term debt$9.4B$254M
Interest CoverageEBIT ÷ Interest expense-5.28x
DVAX leads this category, winning 5 of 7 comparable metrics.

Total Returns (Dividends Reinvested)

DVAX leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in DVAX five years ago would be worth $15,800 today (with dividends reinvested), compared to $167 for INO. Over the past 12 months, DVAX leads with a +59.5% total return vs INO's -22.2%. The 3-year compound annual growth rate (CAGR) favors DVAX at 12.4% vs INO's -48.4% — a key indicator of consistent wealth creation.

MetricINO logoINOInovio Pharmaceut…DVAX logoDVAXDynavax Technolog…
YTD ReturnYear-to-date-18.9%+0.8%
1-Year ReturnPast 12 months-22.2%+59.5%
3-Year ReturnCumulative with dividends-86.2%+42.1%
5-Year ReturnCumulative with dividends-98.3%+58.0%
10-Year ReturnCumulative with dividends-98.6%+2.9%
CAGR (3Y)Annualised 3-year return-48.4%+12.4%
DVAX leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

DVAX leads this category, winning 2 of 2 comparable metrics.

DVAX is the less volatile stock with a 0.75 beta — it tends to amplify market swings less than INO's 1.31 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. DVAX currently trades 98.5% from its 52-week high vs INO's 46.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricINO logoINOInovio Pharmaceut…DVAX logoDVAXDynavax Technolog…
Beta (5Y)Sensitivity to S&P 5001.31x0.75x
52-Week HighHighest price in past year$2.98$15.73
52-Week LowLowest price in past year$1.03$9.20
% of 52W HighCurrent price vs 52-week peak+46.0%+98.5%
RSI (14)Momentum oscillator 0–10050.975.7
Avg Volume (50D)Average daily shares traded1.9M5.7M
DVAX leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Wall Street rates INO as "Buy" and DVAX as "Buy". Consensus price targets imply 338.0% upside for INO (target: $6) vs 74.2% for DVAX (target: $27).

MetricINO logoINOInovio Pharmaceut…DVAX logoDVAXDynavax Technolog…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$6.00$27.00
# AnalystsCovering analysts1711
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises0
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%+5.5%
Insufficient data to determine a leader in this category.
Key Takeaway

DVAX leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). INO leads in 1 (Valuation Metrics). 1 tied.

Best OverallDynavax Technologies Corpor… (DVAX)Leads 3 of 6 categories
Loading custom metrics...

INO vs DVAX: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is INO or DVAX a better buy right now?

For growth investors, Dynavax Technologies Corporation (DVAX) is the stronger pick with 19.

4% revenue growth year-over-year, versus -100. 0% for Inovio Pharmaceuticals, Inc. (INO). Dynavax Technologies Corporation (DVAX) offers the better valuation at 77. 5x trailing P/E (31. 6x forward), making it the more compelling value choice. Analysts rate Inovio Pharmaceuticals, Inc. (INO) a "Buy" — based on 17 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — INO or DVAX?

Over the past 5 years, Dynavax Technologies Corporation (DVAX) delivered a total return of +58.

0%, compared to -98. 3% for Inovio Pharmaceuticals, Inc. (INO). Over 10 years, the gap is even starker: DVAX returned +2. 9% versus INO's -98. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — INO or DVAX?

By beta (market sensitivity over 5 years), Dynavax Technologies Corporation (DVAX) is the lower-risk stock at 0.

75β versus Inovio Pharmaceuticals, Inc. 's 1. 31β — meaning INO is approximately 75% more volatile than DVAX relative to the S&P 500. On balance sheet safety, Inovio Pharmaceuticals, Inc. (INO) carries a lower debt/equity ratio of 39% versus 43% for Dynavax Technologies Corporation — giving it more financial flexibility in a downturn.

04

Which is growing faster — INO or DVAX?

By revenue growth (latest reported year), Dynavax Technologies Corporation (DVAX) is pulling ahead at 19.

4% versus -100. 0% for Inovio Pharmaceuticals, Inc. (INO). On earnings-per-share growth, the picture is similar: Dynavax Technologies Corporation grew EPS 503. 2% year-over-year, compared to 54. 2% for Inovio Pharmaceuticals, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

05

Which has better profit margins — INO or DVAX?

Dynavax Technologies Corporation (DVAX) is the more profitable company, earning 9.

9% net margin versus 0. 0% for Inovio Pharmaceuticals, Inc. — meaning it keeps 9. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: INO leads at 0. 0% versus -1. 5% for DVAX. At the gross margin level — before operating expenses — DVAX leads at 82. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Is INO or DVAX more undervalued right now?

Analyst consensus price targets imply the most upside for INO: 338.

0% to $6. 00.

07

Which pays a better dividend — INO or DVAX?

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

08

Is INO or DVAX better for a retirement portfolio?

For long-horizon retirement investors, Dynavax Technologies Corporation (DVAX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

75)). Both have compounded well over 10 years (DVAX: +2. 9%, INO: -98. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

09

What are the main differences between INO and DVAX?

Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: INO is a small-cap quality compounder stock; DVAX is a small-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.

Stocks Like

INO

Quality Business

  • Sector: Healthcare
  • Market Cap > $100B
Run This Screen
Stocks Like

DVAX

High-Growth Disruptor

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 8%
  • Gross Margin > 49%
Run This Screen
Custom Screen

Beat Both

Find stocks that outperform INO and DVAX on the metrics below

Revenue Growth>
%
(INO: -155.9% · DVAX: 17.7%)

You Might Also Compare

Based on how these companies actually compete and overlap — not just which sector they're filed under.