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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
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Intellectia

Loading chart...

High
1.760
Open
1.580
VWAP
1.66
Vol
254.13K
Mkt Cap
6.02M
Low
1.540
Amount
421.01K
EV/EBITDA(TTM)
--
Total Shares
3.60M
EV
-6.26M
EV/OCF(TTM)
--
P/S(TTM)
3.33
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

Newsfilter
1.0
04-14Newsfilter
Co-Diagnostics to Showcase Innovations at ESCMID 2026 in Munich
  • International Conference Participation: Co-Diagnostics will participate in the ESCMID Global 2026 from April 17-21 in Munich, Germany, which is expected to attract over 16,000 registrants, enhancing the company's influence in the global infectious disease sector.
  • Customer Relationship Expansion: Company representatives will establish and strengthen relationships with new and existing customers and distributors worldwide, showcasing their CE-IVD testing solutions and the upcoming Co-Dx PCR platform, aiming to enhance market penetration and customer trust.
  • Technology Showcase Opportunity: The conference will provide Co-Diagnostics with an opportunity to showcase its cutting-edge molecular diagnostic technologies, particularly the Co-Dx PCR platform, which is currently under review by the FDA and other regulatory bodies, highlighting its potential market prospects.
  • Industry Leaders Gathering: ESCMID Global 2026 will bring together leaders in clinical microbiology and infectious diseases, facilitating advancements in science, education, and research, providing Co-Diagnostics with a valuable opportunity to engage with industry experts and further promote market recognition of its technologies.
Newsfilter
7.5
04-09Newsfilter
Co-Diagnostics Joins Trade Mission to Switzerland and Germany
  • International Trade Mission: Co-Diagnostics will participate in a trade mission organized by the Utah Governor's Office from April 13-22, visiting Switzerland and Germany to strengthen ties with leading global technology and diagnostics sectors.
  • Key Visit Itinerary: The mission includes site visits to industry leaders such as Roche Diagnostics and UBS, which is expected to enhance commercial and diplomatic relationships with two of Europe's major economies.
  • Strategic Partnership Opportunities: Company executives will primarily engage in the Switzerland portion of the mission before meeting potential customers and distributors in Munich, further expanding their international market presence.
  • Product Development Progress: Co-Diagnostics is preparing a 510(k) submission for its real-time PCR diagnostic platform, aiming to leverage this trade mission to reinforce global partnerships and expedite the product launch process.
PRnewswire
8.5
04-02PRnewswire
CoMira Establishes Molecular Diagnostics Facility in Saudi Arabia
  • Strategic Milestone: Co-Diagnostics' joint venture CoMira with Arabian Eagle Manufacturing has secured industrial land in Sudair Industrial City, Riyadh, marking a significant step towards localizing molecular diagnostic technologies in Saudi Arabia, which is expected to enhance the country's healthcare technology landscape.
  • Facility Development Plans: The facility will focus on the production of molecular diagnostic instruments and assays, designed to meet CoMira's specific production and regulatory requirements, which is anticipated to bolster Saudi Arabia's manufacturing capabilities in the molecular diagnostics sector and support national healthcare resilience.
  • Support for Economic Diversification: This project aligns with Saudi Arabia's Vision 2030, emphasizing local content and domestic production, particularly in government procurement programs, which is expected to become a key competitive advantage in achieving the country's economic diversification goals.
  • International Expansion Potential: Once operational, CoMira is expected to position itself among the early domestic manufacturers of molecular diagnostic testing solutions, accelerating the localization of innovative diagnostic technologies and enhancing market competitiveness across the Middle East and North Africa.
seekingalpha
9.5
04-01seekingalpha
Co-Diagnostics Q4 2025 Earnings Call Insights
  • Financial Overview: Total revenue for 2025 was $0.6 million, a significant drop from $3.9 million in 2024, primarily driven by reduced grant revenue, indicating challenges in revenue diversification for the company.
  • Strategic Development Focus: The company is actively advancing its four growth pillars, including the CoSara project in India, with an expected TB test commercialization timeline set for Q3 2026, highlighting the potential for expansion in emerging markets.
  • Clinical Strategy Adjustment: Due to a scarcity of COVID samples, the company plans to shift its initial regulatory submission focus to flu A, flu B, and RSV, aiming to accelerate timelines while maintaining flexibility to reintegrate COVID if conditions change.
  • Financing and Liquidity Management: As of year-end 2025, the company reported $11.9 million in cash and cash equivalents, with expectations of continued operating losses as it advances regulatory and clinical milestones, emphasizing the ongoing evaluation of financing options.
Yahoo Finance
9.5
04-01Yahoo Finance
Co-Diagnostics Successfully Relists on NASDAQ Amid Strategic Expansions
  • Successful NASDAQ Relisting: Co-Diagnostics Inc (NASDAQ:CODX) has successfully completed its appeal to relist on NASDAQ, indicating a resolution to previous listing challenges and boosting market confidence.
  • International Expansion Strategy: Through the COMIRA joint venture with Arabian Eagle, Co-Diagnostics is expanding its footprint in Saudi Arabia and the broader MENA region, which is expected to significantly enhance its commercial impact in these markets.
  • Financial Challenges: Total revenue for 2025 plummeted to $0.6 million from $3.9 million in 2024, primarily due to decreased grant revenue, resulting in a net loss of $46.9 million, highlighting the financial pressures the company is facing.
  • Technological Innovation and IP: The company has strengthened its intellectual property portfolio with international patents, including recent grants in Australia and Japan, supporting its long-term strategy to build a differentiated diagnostics platform to compete effectively in the market.
seekingalpha
9.5
03-31seekingalpha
Co-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.
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 15.36, compared to its 5-year average forward P/E of 6.32. 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
6.32
Current PE
15.36
Overvalued PE
24.75
Undervalued PE
-12.10

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
5.20
Current EV/EBITDA
0.01
Overvalued EV/EBITDA
23.65
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
13.44
Current PS
0.31
Overvalued PS
25.98
Undervalued PS
0.91

Financials

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Frequently Asked Questions

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

The current price of CODX is 1.67 USD — it has increased 7.05

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 263.92K USD, increased 76.74

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 -13.67 USD, increased 27.52

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

Co-Diagnostics Inc (CODX) has 115 emplpoyees as of April 21 2026.

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

Today CODX has the market capitalization of 6.02M USD.