12 Oversold Growth Stocks to Buy According to Analysts

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2. Vaxcyte, Inc. (NASDAQ:PCVX)

Year-to-Date Performance: -61.42%

Number of Hedge Fund Holders: 44

Analyst Upside Potential: 260.92%

Vaxcyte, Inc. (NASDAQ:PCVX) is one of the Oversold Growth Stocks to Buy According to Analysts. On September 3, Vaxcyte, Inc. (NASDAQ:PCVX) announced progress in its VAX-31 infant vaccine study for Phase 2. The drug has moved to the third and final dose-finding study after protocol changes that added a new optimized dose arm and removed the low-dose arm, with about 900 infants to be enrolled.

It compares VAX-31 to the current standard vaccine, Prevnar 20, and the company expects key safety, tolerability, and immune response data by mid-2027. CEO of Vaxcyte, Inc. (NASDAQ:PCVX), Grant Pickering, emphasized that the Optimized Dose could prompt stronger immune responses. VAX-31 aims to cover about 92% of invasive pneumococcal disease and 93% of acute otitis media cases in US children under five.

Vaxcyte, Inc. (NASDAQ:PCVX) is a clinical-stage vaccine company focused on developing innovative conjugate and protein vaccines to prevent or treat bacterial infectious diseases.

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