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CODX Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
1.917
Open
1.720
VWAP
1.83
Vol
244.56K
Mkt Cap
3.56M
Low
1.720
Amount
448.17K
EV/EBITDA(TTM)
--
Total Shares
2.10M
EV
-7.99M
EV/OCF(TTM)
--
P/S(TTM)
3.74
Co-Diagnostics, Inc. is a molecular diagnostics company, which develops, manufactures and markets diagnostics technologies. The Company’s technologies are utilized for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). The Company also uses its proprietary technology to design specific tests for its Co-Dx PCR platform and to locate genetic markers for use in applications other than infectious disease. Its diagnostics systems enable dependable, low-cost, molecular testing for organisms and genetic diseases by automating or simplifying historically complex procedures in both the development and administration of tests. It is developing a portable diagnostic device and test system designed for point-of-care and at-home use. The system consists of its PCR instrument that it refers to as the Co-Dx PCR Pro instrument, its proprietary diagnostic test cup system and a mobile application to be installed on the user’s mobile device.
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Events Timeline

(ET)
2026-03-20
08:10:00
Co-Diagnostics Expands CoSara's South Asia Market to $13 Billion
select
2026-01-13 (ET)
2026-01-13
12:30:00
Co-Diagnostics Trading Halted Due to Volatility
select
2025-12-31 (ET)
2025-12-31
20:00:00
Co-Diagnostics Trading Halted, News Pending
select
2025-12-30 (ET)
2025-12-30
09:10:00
Co-Diagnostics Announces 1-for-30 Reverse Stock Split Plan
select
2025-12-29 (ET)
2025-12-29
09:10:00
Co-Diagnostics Secures Australian Patent No. AU2022270084A1
select
2025-12-17 (ET)
2025-12-17
09:10:00
Co-Diagnostics Completes Influenza and COVID-19 Detection Analysis
select

News

seekingalpha
9.5
20:11 PMseekingalpha
PinnedCo-Diagnostics Reports Disappointing Earnings Results
  • Earnings Loss: Co-Diagnostics reported a fiscal year GAAP EPS of -$35.25, missing expectations by $14.25, indicating significant challenges in profitability that could undermine investor confidence.
  • Revenue Decline: The company reported revenue of $0.6M, down 84.7% year-over-year, although it beat expectations by $0.12M; this drastic revenue drop reflects weak market demand, potentially leading to tight future cash flows.
  • Market Reaction: Given the severe earnings loss and revenue decline, the market is adopting a cautious stance towards Co-Diagnostics' outlook, which may pressure the stock price and affect the company's financing capabilities.
  • Uncertain Future Outlook: In the current economic environment, Co-Diagnostics must implement effective strategies to restore revenue growth and profitability to rebuild investor trust and ensure sustainable development.
seekingalpha
9.5
03-30seekingalpha
Co-Diagnostics Set to Announce Q4 Earnings
  • Earnings Announcement: Co-Diagnostics is set to release its Q4 earnings on March 31 after market close, with a consensus EPS estimate of -$3.60, indicating ongoing challenges in profitability that could impact investor confidence.
  • Revenue Expectations: Analysts project revenue of $0.13 million for the quarter, reflecting the company's struggles in a competitive market; a revenue miss could lead to further declines in stock price.
  • Historical Financial Performance: Historical earnings data shows that Co-Diagnostics has faced poor performance in recent quarters, with continued losses raising concerns about the company's future growth potential and market valuation.
  • Market Reaction Anticipation: As the earnings report approaches, market attention on Co-Diagnostics increases, and if the results fall short of expectations, significant stock price volatility may occur, prompting investors to proceed with caution.
stocktwits
8.5
03-20stocktwits
Co-Diagnostics Expands into South Asia Market
  • Market Expansion: Co-Diagnostics Inc. announced its entry into Bangladesh, Pakistan, Nepal, and Sri Lanka, raising its total addressable market to approximately $13 billion, indicating a strategic move into the rapidly growing South Asian molecular diagnostics sector.
  • Partnership Strategy: The expansion will be executed through its Indian joint venture, CoSara Diagnostics, leveraging existing resources and market knowledge to accelerate product penetration and customer acquisition.
  • Product Rollout: CoSara will introduce the PCR Pro point-of-care platform and SARAGENE test products pending regulatory approvals, aiming to meet the urgent demand for quick, non-invasive testing solutions in South Asia, thereby enhancing the company's competitive edge.
  • Market Potential: CoSara's CEO Mohal Sarabhai highlighted the significant and rapidly growing demand for molecular diagnostics in South Asia, suggesting that the company's investment in the region will provide robust support for future revenue growth.
PRnewswire
8.5
03-20PRnewswire
Co-Diagnostics Expands into South Asia Market
  • Market Opportunity Expansion: Co-Diagnostics has signed an agreement with CoSara Diagnostics to expand into Bangladesh, Pakistan, Nepal, and Sri Lanka, increasing the total addressable market in South Asia to $13 billion, significantly enhancing the company's commercialization potential in the region.
  • Product Promotion Plans: This expansion will support CoSara's commercialization of the CoSara PCR Pro® and SARAGENE® product lines across South Asia, expected to provide fast and reliable molecular testing solutions to meet the growing market demand.
  • Distribution Channel Development: CoSara is establishing distribution channels in the newly added markets, evaluating regulatory pathways and identifying priority customer segments, aiming to enhance market penetration and customer relationships through partnerships with regional distributors.
  • Strategic Infrastructure Investment: The CEO of Co-Diagnostics stated that this expansion reflects a broader strategy for global deployment of the PCR platform, aiming to drive long-term growth by building local manufacturing and distribution capabilities in key regions.
Newsfilter
8.5
03-20Newsfilter
Co-Diagnostics Expands into South Asia Market
  • Market Opportunity Expansion: Co-Diagnostics has signed an agreement with CoSara Diagnostics to expand into Bangladesh, Pakistan, Nepal, and Sri Lanka, increasing the total addressable market in South Asia to $13 billion, significantly enhancing the company's commercial potential in the region.
  • Product Commercialization Strategy: This expansion supports CoSara's plans to promote the CoSara PCR Pro® and SARAGENE® product lines in new markets, expected to meet the demand for rapid, non-invasive testing solutions, thereby driving growth in the molecular diagnostics sector.
  • Distribution Channel Development: CoSara is establishing distribution channels in the new markets, evaluating regulatory pathways and identifying priority customer segments, which will lay the groundwork for future product launches and enhance the company's market penetration in South Asia.
  • Regional Infrastructure Investment: Co-Diagnostics' CEO stated that this expansion is part of a broader strategy to build regional infrastructure to support product commercialization, aiming to drive global deployment of the PCR platform through local manufacturing and distribution capabilities, ensuring long-term growth.
Newsfilter
9.5
03-17Newsfilter
Co-Diagnostics to Release Q4 and Full Year 2025 Financial Results
  • Earnings Release Schedule: Co-Diagnostics will announce its Q4 and full year 2025 financial results on March 31, 2026, after market close, reflecting the company's commitment to transparency and investor communication.
  • Conference Call Details: On the same day at 4:30 PM ET, the company will host a conference call and webcast featuring management including CEO Dwight Egan, aimed at providing in-depth discussions of financial results to bolster investor confidence.
  • Technological Background: Co-Diagnostics is a molecular diagnostics company with a patented platform for developing diagnostic tests that detect DNA or RNA, showcasing its innovative capabilities in the healthcare technology sector.
  • Future Outlook: The company is also developing specific tests for its Co-Dx PCR at-home and point-of-care platform, which, although not yet for sale, indicates significant market potential and growth opportunities ahead.
Wall Street analysts forecast CODX stock price to rise
2 Analyst Rating
Wall Street analysts forecast CODX stock price to rise
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
1.50
Averages
1.50
High
1.50
Current: 0.000
sliders
Low
1.50
Averages
1.50
High
1.50
Maxim
Buy
to
Hold
downgrade
AI Analysis
2026-01-23
Reason
Maxim
Price Target
AI Analysis
2026-01-23
downgrade
Buy
to
Hold
Reason
Maxim downgraded Co-Diagnostics to Hold from Buy.
Maxim
Jason McCarthy
Buy
to
Hold
downgrade
2026-01-23
Reason
Maxim
Jason McCarthy
Price Target
2026-01-23
downgrade
Buy
to
Hold
Reason
As previously reported, Maxim analyst Jason McCarthy downgraded Co-Diagnostics to Hold from Buy. The company received written notice from NASDAQ that it had decided to delist the company's stock due to non-compliance with the minimum bid price requirement, the analyst tells investors in a research note. Delisting does not change the firm's fundamentally positive view regarding the company's prospects, Co-Primer technology, and the commercial potential of the PCR Pro, but to unlock value, Co-Dx will likely need to access capital markets and raise additional capital, which is made considerably more difficult without a major exchange listing, the firm added.
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Valuation Metrics

The current forward P/E ratio for Co-Diagnostics Inc (CODX.O) is -0.42, compared to its 5-year average forward P/E of 5.77. For a more detailed relative valuation and DCF analysis to assess Co-Diagnostics Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
5.77
Current PE
-0.42
Overvalued PE
23.86
Undervalued PE
-12.31

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
5.34
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
23.93
Undervalued EV/EBITDA
-13.25

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
13.50
Current PS
17.97
Overvalued PS
26.09
Undervalued PS
0.90

Financials

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Frequently Asked Questions

What is Co-Diagnostics Inc (CODX) stock price today?

The current price of CODX is 1.86 USD — it has increased 9.41

What is Co-Diagnostics Inc (CODX)'s business?

Co-Diagnostics, Inc. is a molecular diagnostics company, which develops, manufactures and markets diagnostics technologies. The Company’s technologies are utilized for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). The Company also uses its proprietary technology to design specific tests for its Co-Dx PCR platform and to locate genetic markers for use in applications other than infectious disease. Its diagnostics systems enable dependable, low-cost, molecular testing for organisms and genetic diseases by automating or simplifying historically complex procedures in both the development and administration of tests. It is developing a portable diagnostic device and test system designed for point-of-care and at-home use. The system consists of its PCR instrument that it refers to as the Co-Dx PCR Pro instrument, its proprietary diagnostic test cup system and a mobile application to be installed on the user’s mobile device.

What is the price predicton of CODX Stock?

Wall Street analysts forecast CODX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CODX is1.50 USD with a low forecast of 1.50 USD and a high forecast of 1.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Co-Diagnostics Inc (CODX)'s revenue for the last quarter?

Co-Diagnostics Inc revenue for the last quarter amounts to 145.38K USD, decreased -77.32

What is Co-Diagnostics Inc (CODX)'s earnings per share (EPS) for the last quarter?

Co-Diagnostics Inc. EPS for the last quarter amounts to -4.66 USD, decreased -51.15

How many employees does Co-Diagnostics Inc (CODX). have?

Co-Diagnostics Inc (CODX) has 132 emplpoyees as of March 31 2026.

What is Co-Diagnostics Inc (CODX) market cap?

Today CODX has the market capitalization of 3.56M USD.