Codexis, Inc. (CDXS)
NASDAQ: CDXS · Real-Time Price · USD
1.320
-0.050 (-3.65%)
At close: Sep 25, 2026, 4:00 PM EDT
1.340
+0.020 (1.52%)
After-hours: Sep 25, 2026, 7:30 PM EDT

Codexis Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Codexis stock has a consensus rating of "Buy" and an average price target of $6.14. The average 1-year stock price forecast is 365.15% higher than the current stock price, while the lowest is $2.00 (+51.52%) and the highest is $11 (+733.33%).

Price Target: $6.14 (+365.15%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$2.00$6.14$5.00$11
Change+51.52%+365.15%+278.79%+733.33%

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

Chart
RatingJan '26Mar '26Apr '26May '26Jun '26Aug '26
Strong Buy444444
Buy111111
Hold222222
Sell000000
Strong Sell000000
Total777777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Craig-Hallum
Craig-Hallum
Buy
Maintains
n/a
BuyMaintainsn/an/aSep 23, 2026
Unknown Analyst
Stephens
No rating
Stephens
Buy
Initiates
$5
BuyInitiates$5+278.79%Sep 22, 2026
Piper Sandler
Piper Sandler
Buy
Maintains
$9 → $8
BuyMaintains$9 → $8+506.06%Aug 17, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Maintains
$11
BuyMaintains$11+733.33%Aug 12, 2026
TD Cowen
TD Cowen
Hold
Maintains
$2
HoldMaintains$2+51.52%Aug 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
73.88M
from 70.39M
Increased by 4.97%
Revenue Next Year
87.69M
from 73.88M
Increased by 18.69%
EPS This Year
-0.43
from -0.47
EPS Next Year
-0.32
from -0.43
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
104.75M138.59M70.14M59.35M70.39M73.88M
Revenue Growth
51.69%32.30%-49.39%-15.39%18.61%4.97%
Operating Income
-22.70M-31.71M-54.80M-58.35M-38.33M-35.47M
Net Income
-21.28M-33.59M-76.24M-65.28M-43.97M-37.19M
EPS
-----0.47-0.43
Free Cash Flow
-----23.85M-34.42M
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High75.8M
Avg73.9M
Low72.5M

Revenue Growth

Revenue Growth202620272028
High
7.7%
Avg
5.0%
Low
2.9%

EPS Forecast

EPS202620272028
High-0.42
Avg-0.43
Low-0.43

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-