Co-Diagnostics Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Co-Diagnostics stock has a target of 1.50, which predicts an increase of 27.12% from the current stock price of 1.18.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$1.50	$1.50	$1.50	$1.50
Change	+27.12%	+27.12%	+27.12%	+27.12%

* Price targets were last updated on Aug 12, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Co-Diagnostics is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Yi Chen HC Wainwright & Co.	HC Wainwright & Co.	Hold Maintains $2 → $1.5	Hold	Maintains	$2 → $1.5	+27.12%	Aug 12, 2024
Yi Chen HC Wainwright & Co.	HC Wainwright & Co.	Hold Reiterates $2	Hold	Reiterates	$2	+69.49%	Jun 17, 2024
Yi Chen HC Wainwright & Co.	HC Wainwright & Co.	Hold Maintains $2.5 → $2	Hold	Maintains	$2.5 → $2	+69.49%	May 13, 2024
Yi Chen HC Wainwright & Co.	HC Wainwright & Co.	Hold Maintains $3 → $2.5	Hold	Maintains	$3 → $2.5	+111.86%	Mar 15, 2024
Yi Chen HC Wainwright & Co.	HC Wainwright & Co.	Hold Reiterates $3	Hold	Reiterates	$3	+154.24%	Dec 29, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

3.95M

from 6.81M

-41.97%

from 6.81M

Revenue Next Year

1.53M

from 3.95M

-61.30%

from 3.95M

EPS This Year

-1.25

from -1.20

EPS Next Year

-1.15

from -1.25

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	214.97K	74.55M	97.89M	34.22M	6.81M	3.95M	1.53M
Revenue Growth	438.63%	34,579.90%	31.30%	-65.04%	-80.09%	-41.97%	-61.30%
EPS	-0.37	1.52	1.23	-0.45	-1.20	-1.25	-1.15
EPS Growth	-	-	-19.08%	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3

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

Revenue Forecast

Revenue	2024	2025
High	4.1M	1.6M
Avg	4.0M	1.5M
Low	3.8M	1.5M

Revenue Growth

Revenue Growth	2024	2025
High	-40.3%	-60.2%
Avg	-42.0%	-61.3%
Low	-44.2%	-62.8%

EPS Forecast

EPS	2024	2025
High	-1.29	-1.19
Avg	-1.25	-1.15
Low	-1.21	-1.11

EPS Growth

EPS Growth	2024	2025
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.