NASDAQ:CDXS

Codexis (CDXS) Stock Price, News & Analysis

$2.94
+0.08 (+2.80%)
(As of 02:50 PM ET)
Today's Range
$2.88
$3.03
50-Day Range
$2.69
$4.65
52-Week Range
$1.45
$4.91
Volume
115,795 shs
Average Volume
561,509 shs
Market Capitalization
$206.68 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.80

Codexis MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
131.3% Upside
$6.80 Price Target
Short Interest
Bearish
3.39% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-3.67
Upright™ Environmental Score
News Sentiment
0.48mentions of Codexis in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.60) to ($0.63) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.06 out of 5 stars

Medical Sector

359th out of 910 stocks

Industrial Organic Chemicals Industry

9th out of 18 stocks

CDXS stock logo

About Codexis Stock (NASDAQ:CDXS)

Codexis, Inc. discovers, develops, and sells enzymes and other proteins. The company operates through two segments, Performance Enzymes and Novel Biotherapeutics. It offers biocatalyst products and services. The company also provides biocatalyst screening and protein engineering services. In addition, it offers CodeEvolver, a technology platform, which helps in developing and delivering biocatalysts that perform chemical transformations and enhance the efficiency and productivity of manufacturing processes. The company's platform is also used for molecular biology and in vitro diagnostic enzymes. It has a collaboration agreement with Nestlé Health Science to develop CDX-7108 for the treatment of exocrine pancreatic insufficiency. The company sells its products to pharmaceutical manufacturers through its direct sales and business development force in the United States and Europe. The company was incorporated in 2002 and is headquartered in Redwood City, California.

CDXS Stock Price History

CDXS Stock News Headlines

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AQST,CDXS and STI are among after hour movers
Benchmark Upgrades Codexis (CDXS)
Stifel Nicolaus Keeps Their Buy Rating on Codexis (CDXS)
Q4 2023 Codexis Inc Earnings Call
Recap: Codexis Q4 Earnings
Biotech Rallied Strongly On Exclusive Licensing Agreement
Codexis Shares Up 31% on Roche Licensing Agreement
Codexis Q4 2023 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Industrial organic chemicals
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:CDXS
CUSIP
19200510
Employees
174
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.80
High Stock Price Target
$10.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+132.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-76,240,000.00
Net Margins
-108.69%
Pretax Margin
-108.59%

Debt

Sales & Book Value

Annual Sales
$70.14 million
Book Value
$1.24 per share

Miscellaneous

Free Float
65,875,000
Market Cap
$205.98 million
Optionable
Optionable
Beta
2.01
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Key Executives

  • Dr. Stephen George Dilly MBBS (Age 64)
    Ph.D., President, CEO & Director
    Comp: $753.61k
  • Mr. Kevin Norrett M.B.A. (Age 51)
    M.S., Chief Operating Officer
    Comp: $507.28k
  • Ms. Margaret Fitzgerald J.D. (Age 53)
    Chief Legal and Compliance Officer, General Counsel & Secretary
    Comp: $300.03k
  • Mr. Sriram Ryali M.B.A. (Age 42)
    Chief Financial Officer
  • Carrie McKim
    Director of Investor Relations
  • Ms. Karen Frechou-Armijo
    Senior VP & Head of Human Resources
  • Dr. Stefan Lutz Ph.D.
    Senior Vice President of Research
  • Mr. Robert Sato M.B.A.
    Ph.D., Senior Vice President of Pharmaceutical Development, Quality & Regulatory

CDXS Stock Analysis - Frequently Asked Questions

Should I buy or sell Codexis stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Codexis in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CDXS shares.
View CDXS analyst ratings
or view top-rated stocks.

What is Codexis' stock price target for 2024?

6 equities research analysts have issued twelve-month price objectives for Codexis' shares. Their CDXS share price targets range from $4.00 to $10.00. On average, they expect the company's share price to reach $6.80 in the next twelve months. This suggests a possible upside of 131.3% from the stock's current price.
View analysts price targets for CDXS
or view top-rated stocks among Wall Street analysts.

How have CDXS shares performed in 2024?

Codexis' stock was trading at $3.05 at the beginning of the year. Since then, CDXS shares have decreased by 3.6% and is now trading at $2.94.
View the best growth stocks for 2024 here
.

When is Codexis' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CDXS earnings forecast
.

How can I listen to Codexis' earnings call?

Codexis will be holding an earnings conference call on Thursday, May 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13726635".

How were Codexis' earnings last quarter?

Codexis, Inc. (NASDAQ:CDXS) announced its earnings results on Wednesday, February, 28th. The biotechnology company reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.16) by $0.18. The biotechnology company earned $26.56 million during the quarter, compared to the consensus estimate of $24.73 million. Codexis had a negative trailing twelve-month return on equity of 47.58% and a negative net margin of 108.69%.

What ETF holds Codexis' stock?

Jacob Forward ETF holds 11,844 shares of CDXS stock, representing 1.17% of its portfolio.

What guidance has Codexis issued on next quarter's earnings?

Codexis issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $56.0 million-$64.0 million, compared to the consensus revenue estimate of $58.9 million.

What is John J. Nicols' approval rating as Codexis' CEO?

25 employees have rated Codexis Chief Executive Officer John J. Nicols on Glassdoor.com. John J. Nicols has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Codexis own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Codexis investors own include Advanced Micro Devices (AMD), Sorrento Therapeutics (SRNE), AbbVie (ABBV), Micron Technology (MU), Enphase Energy (ENPH), Intellia Therapeutics (NTLA), NVIDIA (NVDA), OPKO Health (OPK) and Antares Pharma (ATRS).

How do I buy shares of Codexis?

Shares of CDXS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CDXS) was last updated on 4/23/2024 by MarketBeat.com Staff

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