Co-Diagnostics Stock Forecast

CODX's stock price has decreased by -78.75% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

According to 2 professional analysts, the 12-month price target for Co-Diagnostics stock ranges from a low of $1.00 to a high of $10. The average analyst price target of $5.50 forecasts a 2,274.78% increase in the stock price over the next year.

Price Target: $5.50 (+2,274.78%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$1.00	$5.50	$10	$10
Change	+331.78%	+2274.8%	+4217.8%	+4217.8%

Analyst Ratings

The average analyst rating for Co-Diagnostics 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	1	1
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	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jason Kolbert D. Boral Capital	D. Boral Capital	Strong Buy Initiates $10	Strong Buy	Initiates	$10	+4,217.79%	Apr 28, 2025
Yi Chen HC Wainwright & Co.	HC Wainwright & Co.	Hold Maintains $1.5 → $1	Hold	Maintains	$1.5 → $1	+331.78%	Mar 28, 2025
Yi Chen HC Wainwright & Co.	HC Wainwright & Co.	Hold Reiterates $1.5	Hold	Reiterates	$1.5	+547.67%	Nov 11, 2024
Yi Chen HC Wainwright & Co.	HC Wainwright & Co.	Hold Maintains $2 → $1.5	Hold	Maintains	$2 → $1.5	+547.67%	Aug 12, 2024
Yi Chen HC Wainwright & Co.	HC Wainwright & Co.	Hold Reiterates $2	Hold	Reiterates	$2	+763.56%	Jun 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

969.00K

from 3.92M

-75.25%

from 3.92M

Revenue Next Year

1.38M

from 969.00K

42.11%

from 969.00K

EPS This Year

-0.93

from -1.24

EPS Next Year

-0.35

from -0.93

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	74.55M	97.89M	34.22M	6.81M	3.92M	969.00K	1.38M
Revenue Growth	34,579.90%	31.30%	-65.04%	-80.09%	-42.53%	-75.25%	42.11%
EPS	1.52	1.23	-0.45	-1.20	-1.24	-0.93	-0.35
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	2025	2026
High	997,500	1.4M
Avg	969,000	1.4M
Low	931,000	1.3M

Revenue Growth

Revenue Growth	2025	2026
High	-74.5%	46.3%
Avg	-75.3%	42.1%
Low	-76.2%	36.5%

EPS Forecast

EPS	2025	2026
High	-0.96	-0.36
Avg	-0.93	-0.35
Low	-0.89	-0.33

EPS Growth

EPS Growth	2025	2026
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.