Codexis, Inc. (CDXS)

Codexis Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Codexis stock has a target of 11, which predicts a 345.34% increase from the current stock price of 2.47.

Price Target: $11.00 (+345.34%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$11	$11	$11	$11
Change	+345.34%	+345.34%	+345.34%	+345.34%

* Price targets were last updated on Nov 22, 2024.

Analyst Ratings

The average analyst rating for Codexis stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kristen Kluska Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $11	Buy	Reiterates	$11	+345.34%	Nov 22, 2024
Kristen Kluska Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $11	Buy	Reiterates	$11	+345.34%	Nov 15, 2024
Robert Wasserman Benchmark	Benchmark	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Nov 4, 2024
Kristen Kluska Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $11	Buy	Reiterates	$11	+345.34%	Sep 20, 2024
Kristen Kluska Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $11	Buy	Reiterates	$11	+345.34%	Aug 29, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

66.98M

Increased by 12.87%

from 59.35M

Revenue Next Year

81.61M

Increased by 21.84%

from 66.98M

EPS This Year

-0.73

from -0.89

EPS Next Year

-0.53

from -0.73

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	69.06M	104.75M	138.59M	70.14M	59.35M	66.98M	81.61M	112.93M
Revenue Growth	0.87%	51.69%	32.30%	-49.39%	-15.39%	12.87%	21.84%	38.38%
EPS	-0.40	-0.33	-0.51	-1.12	-0.89	-0.73	-0.53	-0.29
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	9	7	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	71.1M	98.6M	144.6M
Avg	67.0M	81.6M	112.9M
Low	62.7M	70.6M	84.7M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	19.8%	47.3%	77.2%
Avg	12.9%	21.8%	38.4%
Low	5.7%	5.4%	3.8%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	-0.63	-0.35	-
Avg	-0.73	-0.53	-0.29
Low	-0.89	-0.61	-0.54

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.