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Co-Diagnostics (CODX) Competitors

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$5.63 -0.13 (-2.26%)
Closing price 04:00 PM Eastern
Extended Trading
$5.75 +0.12 (+2.13%)
As of 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

CODX vs. FONR, NYXH, VANI, IINN, and QTEX

Should you buy Co-Diagnostics stock or one of its competitors? MarketBeat compares Co-Diagnostics with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Co-Diagnostics include Fonar (FONR), Nyxoah (NYXH), Vivani Medical (VANI), Inspira Technologies OXY B.H.N. (IINN), and Inspira Technologies OXY B.H.N. (QTEX). These companies are all part of the "medical equipment" industry.

How does Co-Diagnostics compare to Fonar?

Fonar (NASDAQ:FONR) and Co-Diagnostics (NASDAQ:CODX) are both small-cap medical companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, risk, earnings, dividends, valuation, analyst recommendations, institutional ownership and media sentiment.

50.6% of Fonar shares are held by institutional investors. Comparatively, 15.0% of Co-Diagnostics shares are held by institutional investors. 7.9% of Fonar shares are held by company insiders. Comparatively, 5.4% of Co-Diagnostics shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Fonar has higher revenue and earnings than Co-Diagnostics. Co-Diagnostics is trading at a lower price-to-earnings ratio than Fonar, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fonar$104.35M1.13$8.33M$1.0019.09
Co-Diagnostics$620K33.51-$46.90M-$15.77N/A

Fonar has a beta of 0.95, meaning that its stock price is 5% less volatile than the broader market. Comparatively, Co-Diagnostics has a beta of 2.74, meaning that its stock price is 174% more volatile than the broader market.

Fonar has a net margin of 6.35% compared to Co-Diagnostics' net margin of -6,760.63%. Fonar's return on equity of 4.12% beat Co-Diagnostics' return on equity.

Company Net Margins Return on Equity Return on Assets
Fonar6.35% 4.12% 3.07%
Co-Diagnostics -6,760.63%-164.92%-141.15%

In the previous week, Fonar had 5 more articles in the media than Co-Diagnostics. MarketBeat recorded 7 mentions for Fonar and 2 mentions for Co-Diagnostics. Fonar's average media sentiment score of 1.18 beat Co-Diagnostics' score of 0.28 indicating that Fonar is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fonar
2 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Co-Diagnostics
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Co-Diagnostics has a consensus target price of $67.50, indicating a potential upside of 1,098.93%. Given Co-Diagnostics' higher possible upside, analysts clearly believe Co-Diagnostics is more favorable than Fonar.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fonar
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Co-Diagnostics
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Fonar beats Co-Diagnostics on 11 of the 15 factors compared between the two stocks.

How does Co-Diagnostics compare to Nyxoah?

Nyxoah (NASDAQ:NYXH) and Co-Diagnostics (NASDAQ:CODX) are both small-cap medical companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, media sentiment, institutional ownership, valuation, earnings, risk, profitability and dividends.

15.0% of Co-Diagnostics shares are owned by institutional investors. 17.1% of Nyxoah shares are owned by insiders. Comparatively, 5.4% of Co-Diagnostics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Nyxoah has a beta of 1.55, indicating that its share price is 55% more volatile than the broader market. Comparatively, Co-Diagnostics has a beta of 2.74, indicating that its share price is 174% more volatile than the broader market.

Nyxoah currently has a consensus price target of $7.67, indicating a potential upside of 428.74%. Co-Diagnostics has a consensus price target of $67.50, indicating a potential upside of 1,098.93%. Given Co-Diagnostics' higher probable upside, analysts plainly believe Co-Diagnostics is more favorable than Nyxoah.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nyxoah
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Co-Diagnostics
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Nyxoah had 4 more articles in the media than Co-Diagnostics. MarketBeat recorded 6 mentions for Nyxoah and 2 mentions for Co-Diagnostics. Co-Diagnostics' average media sentiment score of 0.28 beat Nyxoah's score of 0.00 indicating that Co-Diagnostics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nyxoah
0 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Co-Diagnostics
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Nyxoah has a net margin of -543.21% compared to Co-Diagnostics' net margin of -6,760.63%. Nyxoah's return on equity of -163.73% beat Co-Diagnostics' return on equity.

Company Net Margins Return on Equity Return on Assets
Nyxoah-543.21% -163.73% -80.24%
Co-Diagnostics -6,760.63%-164.92%-141.15%

Co-Diagnostics has lower revenue, but higher earnings than Nyxoah. Nyxoah is trading at a lower price-to-earnings ratio than Co-Diagnostics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nyxoah$11.33M4.96-$101.92M-$2.48N/A
Co-Diagnostics$620K33.51-$46.90M-$15.77N/A

Summary

Nyxoah beats Co-Diagnostics on 9 of the 16 factors compared between the two stocks.

How does Co-Diagnostics compare to Vivani Medical?

Co-Diagnostics (NASDAQ:CODX) and Vivani Medical (NASDAQ:VANI) are both small-cap medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, media sentiment, dividends, valuation, profitability, institutional ownership, earnings and analyst recommendations.

Vivani Medical has a net margin of 0.00% compared to Co-Diagnostics' net margin of -6,760.63%. Co-Diagnostics' return on equity of -164.92% beat Vivani Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Co-Diagnostics-6,760.63% -164.92% -141.15%
Vivani Medical N/A -264.04%-79.85%

15.0% of Co-Diagnostics shares are owned by institutional investors. Comparatively, 6.8% of Vivani Medical shares are owned by institutional investors. 5.4% of Co-Diagnostics shares are owned by insiders. Comparatively, 53.3% of Vivani Medical shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Vivani Medical has lower revenue, but higher earnings than Co-Diagnostics. Vivani Medical is trading at a lower price-to-earnings ratio than Co-Diagnostics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Co-Diagnostics$620K33.51-$46.90M-$15.77N/A
Vivani MedicalN/AN/A-$26.61M-$0.40N/A

Co-Diagnostics has a beta of 2.74, meaning that its share price is 174% more volatile than the broader market. Comparatively, Vivani Medical has a beta of 2.31, meaning that its share price is 131% more volatile than the broader market.

Co-Diagnostics currently has a consensus target price of $67.50, indicating a potential upside of 1,098.93%. Vivani Medical has a consensus target price of $3.50, indicating a potential upside of 196.61%. Given Co-Diagnostics' higher possible upside, equities analysts clearly believe Co-Diagnostics is more favorable than Vivani Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Co-Diagnostics
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Vivani Medical
1 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Co-Diagnostics had 2 more articles in the media than Vivani Medical. MarketBeat recorded 2 mentions for Co-Diagnostics and 0 mentions for Vivani Medical. Co-Diagnostics' average media sentiment score of 0.28 beat Vivani Medical's score of 0.00 indicating that Co-Diagnostics is being referred to more favorably in the media.

Company Overall Sentiment
Co-Diagnostics Neutral
Vivani Medical Neutral

Summary

Co-Diagnostics beats Vivani Medical on 8 of the 13 factors compared between the two stocks.

How does Co-Diagnostics compare to Inspira Technologies OXY B.H.N.?

Co-Diagnostics (NASDAQ:CODX) and Inspira Technologies OXY B.H.N. (NASDAQ:IINN) are both small-cap medical companies, but which is the better business? We will contrast the two companies based on the strength of their media sentiment, dividends, analyst recommendations, earnings, institutional ownership, profitability, valuation and risk.

15.0% of Co-Diagnostics shares are held by institutional investors. Comparatively, 12.7% of Inspira Technologies OXY B.H.N. shares are held by institutional investors. 5.4% of Co-Diagnostics shares are held by insiders. Comparatively, 29.4% of Inspira Technologies OXY B.H.N. shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Co-Diagnostics and Co-Diagnostics both had 2 articles in the media. Co-Diagnostics' average media sentiment score of 0.28 beat Inspira Technologies OXY B.H.N.'s score of 0.00 indicating that Co-Diagnostics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Co-Diagnostics
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Inspira Technologies OXY B.H.N.
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Inspira Technologies OXY B.H.N. has a net margin of 0.00% compared to Co-Diagnostics' net margin of -6,760.63%. Inspira Technologies OXY B.H.N.'s return on equity of 0.00% beat Co-Diagnostics' return on equity.

Company Net Margins Return on Equity Return on Assets
Co-Diagnostics-6,760.63% -164.92% -141.15%
Inspira Technologies OXY B.H.N. N/A N/A N/A

Inspira Technologies OXY B.H.N. has lower revenue, but higher earnings than Co-Diagnostics.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Co-Diagnostics$620K33.51-$46.90M-$15.77N/A
Inspira Technologies OXY B.H.N.$289K232.61-$13.22MN/AN/A

Co-Diagnostics has a beta of 2.74, indicating that its stock price is 174% more volatile than the broader market. Comparatively, Inspira Technologies OXY B.H.N. has a beta of 2.16, indicating that its stock price is 116% more volatile than the broader market.

Co-Diagnostics currently has a consensus target price of $67.50, suggesting a potential upside of 1,098.93%. Given Co-Diagnostics' stronger consensus rating and higher probable upside, equities research analysts clearly believe Co-Diagnostics is more favorable than Inspira Technologies OXY B.H.N..

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Co-Diagnostics
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Inspira Technologies OXY B.H.N.
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Summary

Co-Diagnostics beats Inspira Technologies OXY B.H.N. on 7 of the 13 factors compared between the two stocks.

How does Co-Diagnostics compare to Inspira Technologies OXY B.H.N.?

Co-Diagnostics (NASDAQ:CODX) and Inspira Technologies OXY B.H.N. (NASDAQ:QTEX) are both small-cap medical equipment companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, media sentiment, risk, institutional ownership, profitability, valuation and earnings.

15.0% of Co-Diagnostics shares are owned by institutional investors. Comparatively, 12.7% of Inspira Technologies OXY B.H.N. shares are owned by institutional investors. 5.4% of Co-Diagnostics shares are owned by company insiders. Comparatively, 29.4% of Inspira Technologies OXY B.H.N. shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Co-Diagnostics currently has a consensus price target of $67.50, indicating a potential upside of 1,098.93%. Given Co-Diagnostics' stronger consensus rating and higher possible upside, equities research analysts clearly believe Co-Diagnostics is more favorable than Inspira Technologies OXY B.H.N..

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Co-Diagnostics
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Inspira Technologies OXY B.H.N.
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

In the previous week, Inspira Technologies OXY B.H.N. had 1 more articles in the media than Co-Diagnostics. MarketBeat recorded 3 mentions for Inspira Technologies OXY B.H.N. and 2 mentions for Co-Diagnostics. Co-Diagnostics' average media sentiment score of 0.28 beat Inspira Technologies OXY B.H.N.'s score of 0.00 indicating that Co-Diagnostics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Co-Diagnostics
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Inspira Technologies OXY B.H.N.
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Inspira Technologies OXY B.H.N. has a net margin of 0.00% compared to Co-Diagnostics' net margin of -6,760.63%. Inspira Technologies OXY B.H.N.'s return on equity of 0.00% beat Co-Diagnostics' return on equity.

Company Net Margins Return on Equity Return on Assets
Co-Diagnostics-6,760.63% -164.92% -141.15%
Inspira Technologies OXY B.H.N. N/A N/A N/A

Inspira Technologies OXY B.H.N. has lower revenue, but higher earnings than Co-Diagnostics.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Co-Diagnostics$620K33.51-$46.90M-$15.77N/A
Inspira Technologies OXY B.H.N.$290K176.03-$13.22MN/AN/A

Co-Diagnostics has a beta of 2.74, suggesting that its share price is 174% more volatile than the broader market. Comparatively, Inspira Technologies OXY B.H.N. has a beta of 4.11, suggesting that its share price is 311% more volatile than the broader market.

Summary

Inspira Technologies OXY B.H.N. beats Co-Diagnostics on 8 of the 14 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CODX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CODX vs. The Competition

MetricCo-DiagnosticsMedical Services IndustryMedical SectorNASDAQ Exchange
Market Cap$21.23M$8.71B$6.44B$11.97B
Dividend YieldN/A1.79%2.69%5.32%
P/E Ratio-0.3622.2923.7723.66
Price / Sales33.5121.75488.5086.29
Price / CashN/A88.3841.3955.53
Price / Book0.625.769.766.39
Net Income-$46.90M$175.77M$3.56B$337.36M
7 Day Performance-34.00%-2.19%-3.19%-3.07%
1 Month Performance254.09%7.78%-0.11%0.37%
1 Year Performance-38.31%5.10%25.29%27.87%

Co-Diagnostics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CODX
Co-Diagnostics
2.0102 of 5 stars
$5.63
-2.3%
$67.50
+1,098.9%
-33.5%$21.23M$620KN/A100
FONR
Fonar
3.0172 of 5 stars
$19.12
+0.0%
N/AN/A$117.90M$104.35M19.12480
NYXH
Nyxoah
1.8426 of 5 stars
$2.97
-1.8%
$7.67
+158.4%
-62.7%$115.51M$11.33MN/A110
VANI
Vivani Medical
2.267 of 5 stars
$1.30
+0.8%
$3.50
+169.2%
+14.3%$113.83MN/AN/A20
IINN
Inspira Technologies OXY B.H.N.
0.8765 of 5 stars
$3.08
+0.3%
N/A+252.3%$110.72M$289KN/A20

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This page (NASDAQ:CODX) was last updated on 6/5/2026 by MarketBeat.com Staff.
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