NASDAQ:CDXSCodexis Stock Price, Forecast & News

Codexis' stock was trading at $10.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CDXS stock has increased by 19.3% and is now trading at $12.07. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Codexis in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Codexis.

Codexis is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Codexis.

Codexis, Inc. (NASDAQ:CDXS) posted its earnings results on Thursday, May, 7th. The biotechnology company reported ($0.13) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.15) by $0.02. The biotechnology company had revenue of $14.67 million for the quarter, compared to the consensus estimate of $12.53 million. Codexis had a negative net margin of 21.40% and a negative return on equity of 14.24%. View Codexis' earnings history.

2 brokers have issued 12 month price objectives for Codexis' stock. Their forecasts range from $21.00 to $21.00. On average, they expect Codexis' share price to reach $21.00 in the next year. This suggests a possible upside of 74.0% from the stock's current price. View analysts' price targets for Codexis.

News headlines about CDXS stock have been trending negative on Saturday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Codexis earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave press coverage about the biotechnology company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the company's share price in the near term. View the latest news about Codexis.

Some companies that are related to Codexis include Amgen (AMGN), Gilead Sciences (GILD), Celgene (CELG), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Biogen (BIIB), Seattle Genetics (SGEN), Alexion Pharmaceuticals (ALXN), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Alnylam Pharmaceuticals (ALNY), EXACT Sciences (EXAS), Neurocrine Biosciences (NBIX), Immunomedics (IMMU) and Ionis Pharmaceuticals (IONS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Codexis investors own include Advanced Micro Devices (AMD), Canopy Growth (CGC), AbbVie (ABBV), Corbus Pharmaceuticals (CRBP), Antares Pharma (ATRS), Crispr Therapeutics (CRSP), Micron Technology (MU), Alibaba Group (BABA), Catalyst Pharmaceuticals (CPRX) and Enphase Energy (ENPH).

Codexis trades on the NASDAQ under the ticker symbol "CDXS."

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

One share of CDXS stock can currently be purchased for approximately $12.07.

Codexis has a market capitalization of $712.37 million and generates $68.46 million in revenue each year. The biotechnology company earns $-11,940,000.00 in net income (profit) each year or ($0.21) on an earnings per share basis. Codexis employs 132 workers across the globe.

The official website for Codexis is www.codexis.com.

Codexis' mailing address is 200 PENOBSCOT DRIVE, REDWOOD CITY CA, 94063. The biotechnology company can be reached via phone at 650-421-8100 or via email at [email protected]