Codexis, Inc. (CDXS)
NASDAQ: CDXS · Real-Time Price · USD
4.400
+0.070 (1.62%)
Nov 21, 2024, 1:09 PM EST - Market open
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 an increase of 150.00% from the current stock price of 4.40.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Codexis stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $11 | Buy | Reiterates | $11 | +150.00% | Nov 15, 2024 |
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 4, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $11 | Buy | Reiterates | $11 | +150.00% | Sep 20, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $11 | Buy | Reiterates | $11 | +150.00% | Aug 29, 2024 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 19, 2024 |
Financial Forecast
Revenue This Year
66.60M
from 70.14M
Decreased by -5.06%
Revenue Next Year
67.94M
from 66.60M
Increased by 2.02%
EPS This Year
-0.81
from -1.12
EPS Next Year
-0.70
from -0.81
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 74.9M | 80.4M | 102.2M | ||
| Avg | 66.6M | 67.9M | 82.8M | ||
| Low | 57.2M | 61.7M | 60.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.7% | 20.8% | 50.4% | ||
| Avg | -5.1% | 2.0% | 21.9% | ||
| Low | -18.4% | -7.3% | -10.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.74 | -0.54 | -0.29 | ||
| Avg | -0.81 | -0.70 | -0.49 | ||
| Low | -0.87 | -0.82 | -0.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.