Codexis Inc (CDXS) stock price forecast predicts $11 value

Codexis Inc [CDXS] stock is trading at $2.93, up 3.17%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CDXS shares have gain 3.90% over the last week, with a monthly amount glided 13.57%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Codexis Inc [NASDAQ: CDXS] stock has seen the most recent analyst activity on August 19, 2024, when The Benchmark Company downgraded its rating to a Hold. On May 30, 2024, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $11 on the stock. The Benchmark Company upgraded its rating to a Buy. The Benchmark Company downgraded its rating to a Hold. TD Cowen downgraded its rating to Market Perform for this stock on August 07, 2023, and downed its price target to $4. In a note dated May 09, 2023, H.C. Wainwright downgraded an Neutral rating on this stock.

Codexis Inc [CDXS] stock has fluctuated between $1.90 and $6.08 over the past year. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Codexis Inc [NASDAQ: CDXS] shares were valued at $2.93 at the most recent close of the market. An investor can expect a potential return of 275.43% based on the average CDXS price forecast.

Analyzing the CDXS fundamentals

Codexis Inc [NASDAQ:CDXS] reported sales of 49.81M for the trailing twelve months, which represents a drop of -55.82%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -1.34%, Pretax Profit Margin comes in at -1.49%, and Net Profit Margin reading is -1.49%. To continue investigating profitability, this company’s Return on Assets is posted at -6.4, Equity is -1.18 and Total Capital is 7.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.2.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

For context, Codexis Inc’s Current Ratio is 3.72. Further, the Quick Ratio stands at 3.64, while the Cash Ratio is 0.88. Considering the valuation of this stock, the price to sales ratio is 4.87, the price to book ratio is 4.89.

Transactions by insiders

Recent insider trading involved Opaleye Management Inc., 10% Owner, that happened on Jul 31 ’25 when 84220.0 shares were purchased. 10% Owner, Opaleye Management Inc. completed a deal on Aug 04 ’25 to buy 780.0 shares. Meanwhile, 10% Owner Opaleye Management Inc. bought 8422.0 shares on Jul 29 ’25.

Related Posts

MZP News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.