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Codexis (CDXS) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CDXS Stock Forecast

Codexis (CDXS) stock forecast, based on 3 Wall Street analysts, predicts a 12-month average price target of $11.00, with a high of $11.00 and a low of $11.00. This represents a 146.09% increase from the last price of $4.47.

$2 $3 $4 $5 $6 $7 $8 $9 $10 $11 High: $11 Avg: $11 Low: $11 Last Closed Price: $4.47

CDXS Stock Rating

Codexis stock's rating consensus is Buy, based on 3 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (66.67%), 1 Hold (33.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 3 1 2 0 Strong Sell Sell Hold Buy Strong Buy

CDXS Forecast vs Benchmarks

TypeNameUpside
StockCodexis146.09%
SectorHealthcare Stocks 25.20%
IndustryBiotech Stocks 63.35%

Price Target Trends

1M3M12M
# Anlaysts--1
Avg Price Target--$11.00
Last Closing Price$4.47$4.47$4.47
Upside/Downside--146.09%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25142--7
Dec, 24152--8
Nov, 24152--8
Oct, 24352--10
Sep, 24352--10
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 30, 2024Kristen KluskaCantor Fitzgerald$11.00$3.19244.83%146.09%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Aug 19, 2024BenchmarkPositiveHolddowngrade
Aug 15, 2024Piper SandlerOverweightOverweighthold
May 30, 2024Cantor FitzgeraldOverweightinitialise
Feb 29, 2024BenchmarkPositiveupgrade
Jul 14, 2022Piper SandlerOverweightOverweighthold
Mar 31, 2022Piper SandlerOverweightinitialise

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.40$-0.33$-0.51$-1.12-----
Avg Forecast$-0.35$-0.38$-0.55$-1.15$-0.79$-0.69$-0.43$-0.05$0.22
High Forecast$-0.39$-0.43$-0.61$-1.28$-0.92$-0.79$-0.69$-0.14$0.21
Low Forecast$-0.31$-0.34$-0.51$-1.01$-0.72$-0.53$-0.28$0.05$0.25
Surprise %14.29%-13.16%-7.27%-2.61%-----

Revenue Forecast

$50M $80M $110M $140M $170M $200M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$69.06M$104.75M$138.59M$70.14M-----
Avg Forecast$68.90M$103.44M$137.14M$63.47M$65.29M$66.60M$85.76M$130.19M$159.13M
High Forecast$63.34M$95.09M$128.95M$62.71M$59.33M$65.32M$85.64M$125.38M$153.26M
Low Forecast$75.30M$113.05M$149.42M$64.23M$69.36M$68.27M$85.87M$141.67M$173.17M
Surprise %0.23%1.27%1.06%10.51%-----

Net Income Forecast

$-100M $-70M $-40M $-10M $20M $50M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-24.01M$-21.28M$-33.59M$-76.24M-----
Avg Forecast$-28.73M$-26.14M$-25.46M$-76.24M$-62.09M$-53.16M$-36.28M$-3.50M$14.99M
High Forecast$-34.47M$-33.25M$-32.94M$-98.41M$-62.51M$-53.91M$-47.01M$-9.54M$14.27M
Low Forecast$-22.98M$-19.03M$-17.98M$-54.07M$-49.16M$-36.18M$-19.08M$3.41M$16.71M
Surprise %-16.42%-18.60%31.94%------

CDXS Forecast FAQ

Is Codexis stock a buy?

Codexis stock has a consensus rating of Buy, based on 3 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Codexis is a favorable investment for most analysts.

What is Codexis's price target?

Codexis's price target, set by 3 Wall Street analysts, averages $11 over the next 12 months. The price target range spans from $11 at the low end to $11 at the high end, suggesting a potential 146.09% change from the previous close price of $4.47.

How does Codexis stock forecast compare to the average forecast of its sector, industry, and investment themes?

Codexis stock forecast shows a 146.09% upside, outperforming the average forecast for the healthcare stocks sector (25.20%) and outperforming the biotech stocks industry (63.35%).

What is the breakdown of analyst ratings for Codexis over the past three months?

  • January 2025: 14.29% Strong Buy, 57.14% Buy, 28.57% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 12.50% Strong Buy, 62.50% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 12.50% Strong Buy, 62.50% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.

What is Codexis’s EPS forecast?

Codexis's average annual EPS forecast for its fiscal year ending in December is -0.79 for 2024, a -29.46% decrease from the reported $-1.12 in 2023. The prediction for 2025 is $-0.69, $-0.43 for 2026, $-0.05 for 2027, and $0.22 for 2028.

What is Codexis’s revenue forecast?

Codexis's average annual revenue forecast for its fiscal year ending in December is $65.29M for 2024, a -6.91% decrease from the reported $70.14M in 2023. The forecast for 2025 is $66.6M, $85.76M for 2026, $130.19M for 2027, and $159.13M for 2028.

What is Codexis’s net income forecast?

For its fiscal year ending in December, Codexis's average annual net income forecast is $-62.092M for 2024, reflecting a -18.56% decrease from the reported $-76.24M in 2023. The projection for 2025 is $-53.163M, $-36.278M for 2026, $-3.496M for 2027, and $14.99M for 2028.