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CODX Overview

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0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
3.795
Open
3.615
VWAP
3.24
Vol
2.81M
Mkt Cap
39.72M
Low
2.800
Amount
9.11M
EV/EBITDA(TTM)
--
Total Shares
--
EV
-2.51M
EV/OCF(TTM)
--
P/S(TTM)
9.67
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)
2026-01-13
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
2025-11-05 (ET)
2025-11-05
09:04:49
Co-Diagnostics appoints Maxim Group as financial advisor for CoSara Diagnostics
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News

PRnewswire
7.5
01-12PRnewswire
Co-Diagnostics Strengthens Distributor Network in India with CoSara
  • Distributor Network Expansion: CoSara Diagnostics has strengthened its distributor base in India, exceeding 40 distributors, and enhanced market penetration through participation in regional conferences.
  • Product Promotion Opportunities: At two recent regional conferences, CoSara introduced its SARAGENE® diagnostic products and the upcoming Co-Dx™ PCR platform, attracting new customers and solidifying existing relationships.
  • Clinical Study Preparation: CoSara is preparing to assist in clinical performance studies for the Co-Dx PCR Mycobacterium Tuberculosis test, demonstrating its active involvement in public health initiatives.
  • Manufacturing Collaboration: CoSara will participate in the production of the PCR Pro™ instrument and MTB test cups, supporting the
Newsfilter
7.5
01-12Newsfilter
Co-Diagnostics Strengthens Distributor Network in India with CoSara, Expanding to Over 40 Distributors
  • Distributor Network Expansion: CoSara Diagnostics is strengthening its distribution network in India by participating in two regional conferences, successfully attracting new customers and expanding its base of over 40 distributors, indicating positive progress in market penetration.
  • Product Promotion Opportunities: At the conferences, CoSara introduced its SARAGENE® diagnostic products and the upcoming Co-Dx™ PCR platform, aiming to enhance brand visibility and lay the groundwork for future sales, further driving growth in the Indian market.
  • Clinical Study Preparation: CoSara is preparing for clinical performance studies for the Co-Dx PCR Mycobacterium Tuberculosis (MTB) test, which not only helps enhance product market recognition but also strengthens its influence in public health.
  • Manufacturing Collaboration: CoSara will participate in the manufacturing of the PCR Pro™ instrument and MTB test cups, supporting the
PRnewswire
9.0
2025-12-30PRnewswire
Co-Diagnostics Executes 1-for-30 Reverse Stock Split to Maintain Nasdaq Listing
  • Reverse Stock Split: Co-Diagnostics announced a 1-for-30 reverse stock split effective January 2, 2026, aimed at regaining compliance with Nasdaq's minimum bid price requirement of $1.00, thereby mitigating delisting risks.
  • Shareholder Approval: The reverse split was approved by shareholders at a special meeting on December 5, 2025, reflecting strong support for corporate governance and future growth, which enhances market confidence.
  • Stock Trading Adjustment: Following the reverse split, Co-Diagnostics' stock will continue trading on Nasdaq under the new CUSIP number 189763 204, ensuring a smooth transition for investors into the adjusted trading environment.
  • Equity Incentive Impact: The split will affect the number of stock options and warrants outstanding, with a corresponding increase in exercise prices, which is expected to enhance stock price stability and bolster investor confidence.
PRnewswire
3.5
2025-12-29PRnewswire
Co-Diagnostics Secures Australian Patent for PCR Testing Platform
  • Patent Protection Strengthened: Co-Diagnostics has been granted Australian Patent No. AU2022270084A1, marking the first patent for its novel Co-Dx PCR platform, which enhances the company's intellectual property in nucleic acid detection and analysis, thereby boosting its market competitiveness.
  • Market Potential Enhanced: The patent specifically covers the design and operation of the Co-Dx PCR Pro™ instrument and test cups, aimed at facilitating high-quality PCR testing outside traditional laboratory settings to meet the growing market demand.
  • Strategic Positioning: Following a record-breaking flu season in Australia, the patent grant provides strategic protection for Co-Dx's potential commercial partners to introduce or distribute the platform in the region, safeguarding its commercial potential.
  • Technological Innovation: The Co-Dx PCR platform leverages patented Co-Primers® technology to deliver rapid, sensitive, and specific molecular diagnostics, promoting widespread applications in infectious disease testing and further solidifying the company's leadership in the molecular diagnostics field.
Newsfilter
3.5
2025-12-29Newsfilter
Co-Diagnostics Secures Australian Patent for PCR Testing Platform
  • Patent Protection Strengthened: Co-Diagnostics has been granted Australian Patent No. AU2022270084A1, marking the first patent for its new Co-Dx PCR platform, which enhances the company's intellectual property protection in molecular diagnostics and establishes a legal foundation for future commercial partnerships.
  • Market Potential Enhanced: The patent covers the design and operation of the Co-Dx PCR Pro™ instrument and test cups, providing broad market protection, particularly in the context of Australia's record-breaking flu season, thereby safeguarding the commercial potential of the platform.
  • Technological Innovation Advancing: The Co-Dx PCR platform is designed to deliver gold-standard PCR accuracy suitable for decentralized testing environments, leveraging the company's patented Co-Primers® technology to enable rapid and sensitive molecular diagnostics, addressing the growing market demand.
  • Global Expansion Strategy: CEO Dwight Egan emphasized that the patent grant represents a significant milestone in securing global protection for the technology, supporting the company's mission to promote PCR testing worldwide, especially in light of the increasing demand for rapid testing post-pandemic.
PRnewswire
1.0
2025-12-18PRnewswire
Co-Diagnostics Joins Advanced TB Diagnostics Workshop in Southeast Asia
  • Collaborative Opportunity: Co-Diagnostics' joint venture, CoSara Diagnostics, has been invited to participate in the 2nd Advanced TB Diagnostics Course from December 15-19, 2025, in Chennai, India, aimed at enhancing tuberculosis detection capabilities in the Southeast Asian region, showcasing the company's influence in global health.
  • Industry Engagement: Hosted by ICMR-NIRT and the McGill International TB Centre, the workshop gathers experts from organizations like WHO and the Gates Foundation, highlighting Co-Diagnostics' strategic importance in advancing tuberculosis detection technology.
  • Technology Showcase: The event will feature technology pitches from industry innovators, presenting emerging diagnostic solutions, indicating Co-Diagnostics' leading position in tuberculosis detection and paving the way for future market opportunities.
  • Policy Development: The workshop will explore evidence-based policy development and cost-effectiveness modeling, emphasizing Co-Diagnostics' potential contributions to public health policy and technology application, further solidifying its leadership in the molecular diagnostics market.
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 5.84. 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
5.84
Current PE
-0.42
Overvalued PE
23.83
Undervalued PE
-12.15

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
5.37
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
23.86
Undervalued EV/EBITDA
-13.11

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
13.38
Current PS
17.97
Overvalued PS
25.94
Undervalued PS
0.82

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Frequently Asked Questions

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

The current price of CODX is 3.14 USD — it has increased 0

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 -0.16 USD, decreased -50.00

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

Co-Diagnostics Inc (CODX) has 132 emplpoyees as of March 11 2026.

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

Today CODX has the market capitalization of 39.72M USD.