S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
Mark Zuckerberg Says This CEO Is the 'Taylor Swift of Tech'
NASDAQ:CDXS

Codexis (CDXS) Stock Price, News & Analysis

$3.49
-0.02 (-0.57%)
(As of 03/28/2024 ET)
Today's Range
$3.45
$3.72
50-Day Range
$2.59
$4.65
52-Week Range
$1.45
$4.91
Volume
447,898 shs
Average Volume
725,764 shs
Market Capitalization
$245.35 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
94.8% Upside
$6.80 Price Target
Short Interest
Healthy
3.26% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-3.67
Upright™ Environmental Score
News Sentiment
0.97mentions 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.

4.14 out of 5 stars

Medical Sector

178th out of 939 stocks

Industrial Organic Chemicals Industry

3rd out of 19 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

Bombshell 2024 election documentary
2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.
AQST,CDXS and STI are among after hour movers
Benchmark Upgrades Codexis (CDXS)
Stifel Nicolaus Keeps Their Buy Rating on Codexis (CDXS)
Bombshell 2024 election documentary
2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.
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
Codexis Inc.
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
3/29/2024
Next Earnings (Estimated)
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
+94.8%
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
$245.35 million
Optionable
Optionable
Beta
2.04
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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 brokers have issued twelve-month price objectives for Codexis' stock. Their CDXS share price targets range from $4.00 to $10.00. On average, they predict the company's stock price to reach $6.80 in the next year. This suggests a possible upside of 94.8% 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 on January 1st, 2024. Since then, CDXS stock has increased by 14.4% and is now trading at $3.49.
View the best growth stocks for 2024 here
.

Are investors shorting Codexis?

Codexis saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 2,290,000 shares, a drop of 9.8% from the February 29th total of 2,540,000 shares. Based on an average daily trading volume, of 631,800 shares, the days-to-cover ratio is presently 3.6 days.
View Codexis' Short Interest
.

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 were Codexis' earnings last quarter?

Codexis, Inc. (NASDAQ:CDXS) issued its earnings results on Wednesday, February, 28th. The biotechnology company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.18. The biotechnology company had revenue of $26.56 million for the quarter, compared to analyst estimates 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 ETFs hold Codexis' stock?

ETFs with the largest weight of Codexis (NASDAQ:CDXS) stock in their portfolio include Jacob Forward ETF (JFWD), Invesco Nasdaq Future Gen 200 ETF (QQQS) and ARK Genomic Revolution ETF (ARKG).Inspire Small/Mid Cap ETF (ISMD).

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).

Who are Codexis' major shareholders?

Codexis' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Nantahala Capital Management LLC (6.58%), Vanguard Group Inc. (5.91%), Vanguard Group Inc. (5.87%), Baillie Gifford & Co. (4.90%), Opaleye Management Inc. (4.36%) and Nuveen Asset Management LLC (2.93%). Insiders that own company stock include Bernard J Kelley, Byron L Dorgan, Dennis P Wolf, John J Nicols, Kevin Norrett, Margaret Nell Fitzgerald, Patrick Y Yang, Sriram Ryali and Stephen George Dilly.
View institutional ownership trends
.

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 3/29/2024 by MarketBeat.com Staff

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