ChromaDex Corp

ChromaDex Corp Stock Forecast & Price Prediction

Live ChromaDex Corp Stock (CDXC) Price
$6.72

5

Ratings

  • Buy 5
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$6.72

P/E Ratio

336.00

Volume Traded Today

$631,900

Dividend

Dividends not available for CDXC

52 Week High/low

7.97/1.32

ChromaDex Corp Market Cap

$513.3M

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CDXC Summary

The ChromaDex Corp (CDXC) share price is expected to increase by 18.45% over the next year. This is based on calculating the average 12-month share price estimate provided by 5 stock analysts who have covered CDXC. Price targets range from $5 at the low end to $12 at the high end. The current analyst consensus for CDXC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CDXC Analyst Ratings

ChromaDex Corp has a total of 5 Wall St Analyst ratings. There are 5 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that ChromaDex Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

CDXC stock forecast by analyst

These are the latest 20 analyst ratings of CDXC.

Analyst/Firm

Rating

Price Target

Change

Date

Sean McGowan
Roth MKM

Buy

$8

Maintains

Nov 6, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$8

Maintains

Nov 4, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$6

Reiterates

Aug 9, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$6

Reiterates

Jul 15, 2024
Sean McGowan
Roth MKM

Buy

$6

Maintains

Jun 12, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$6

Reiterates

May 9, 2024
Sean McGowan
Roth MKM

Buy

$6

Maintains

Apr 9, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$6

Maintains

Mar 11, 2024
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5

Reiterates

Aug 10, 2023
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5

Reiterates

Jun 5, 2023
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5

Maintains

Mar 13, 2023
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5.5

Reiterates

Feb 1, 2023
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$5.5

Maintains

Aug 29, 2022
Brian Nagel
Oppenheimer

Perform


Downgrade

Aug 16, 2022
Jeff Van Sinderen
B. Riley Securities

Neutral

$2.4

Downgrade

Aug 11, 2022
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$7

Maintains

Jun 7, 2022
Jeff Van Sinderen
B. Riley Securities

Buy

$6

Maintains

May 13, 2022
Raghuram Selvaraju
HC Wainwright & Co.

Buy

$8

Maintains

Apr 18, 2022
Jeff Van Sinderen
B. Riley Securities

Buy

$8

Maintains

Mar 10, 2022

Roth Capital

Buy


Initiates

Mar 8, 2022

CDXC Company Information

What They Do: Develops products for healthy aging.

Business Model: ChromaDex operates a multi-segment business model that includes consumer products, ingredient supply, and analytical reference standards. The company generates revenue by selling proprietary dietary supplements containing NAD+ precursors and other innovative ingredients directly to consumers and through distributors, as well as providing ingredient technologies to manufacturers of consumer products.

Other Information: ChromaDex's flagship product, NIAGEN, is a NAD+ precursor that supports healthy aging, and its TRU NIAGEN line is marketed directly to consumers via its e-commerce platform and other online marketplaces. Founded in 1999 and based in Los Angeles, the company also offers research and development services, emphasizing its commitment to scientific advancement in the field of healthy aging.
CDXC
ChromaDex Corp (CDXC)

When did it IPO

2008

Staff Count

106

Country

United States

Sector/Industry

Consumer Defensive/Packaged Foods

CEO

Mr. Robert N. Fried

Market Cap

$513.3M

ChromaDex Corp (CDXC) Financial Data

In 2023, CDXC generated $83.6M in revenue, which was a increase of 15.99% from the previous year. This can be seen as a signal that CDXC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$59.3M

Revenue From 2021

$67.4M

13.82 %
From Previous Year

Revenue From 2022

$72.1M

6.82 %
From Previous Year

Revenue From 2023

$83.6M

15.99 %
From Previous Year
  • Revenue TTM $91.7M
  • Operating Margin TTM 6.3%
  • Gross profit TTM $50.8M
  • Return on assets TTM 0.5%
  • Return on equity TTM 4.8%
  • Profit Margin 1.6%
  • Book Value Per Share 0.45%
  • Market capitalisation $513.3M
  • Revenue for 2021 $67.4M
  • Revenue for 2022 $72.1M
  • Revenue for 2023 $83.6M
  • EPS this year (TTM) $0.02

ChromaDex Corp (CDXC) Latest News

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - ChromaDex Corp. (NASDAQ:CDXC) has been named to Inc. 2024's Best in Business list in the Health Products category, highlighting its achievements in NAD+ research and healthy aging products.

Why It Matters - ChromaDex's inclusion on the Inc. 2024 Best in Business list highlights its industry leadership and credibility, potentially boosting investor confidence and interest in its growth prospects.

News Image

Fri, 22 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - ChromaDex (CDXC) is currently at a 52-week high. Investors are evaluating the company's fundamentals to assess potential future gains.

Why It Matters - ChromaDex reaching a 52-week high indicates strong market performance, but analyzing fundamentals will reveal if growth can continue, impacting future investment decisions.

News Image

Thu, 21 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - ChromaDex (CDXC) has passed the "Recent Price Strength" screening, indicating it may be a viable investment option for those seeking stocks with upward momentum.

Why It Matters - ChromaDex's recent price strength indicates momentum, suggesting potential for profit as it attracts investor interest and could outperform competitors.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - ChromaDex Corp. (NASDAQ: CDXC) announces its Niagenยฎ ingredient is featured in Longevity.Technology's new supplement, aimed at promoting healthy aging by enhancing NAD+ levels.

Why It Matters - ChromaDex's partnership with Longevity.Technology highlights the growing demand for health supplements, potentially boosting CDXC's market position and revenue from its flagship product, Niagen.

News Image

Fri, 08 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - ChromaDex (CDXC) is being evaluated for its potential as a top stock pick for momentum investors. Further analysis is needed to assess its suitability.

Why It Matters - ChromaDex's potential as a momentum stock could influence trading strategies and attract interest, impacting its share price and market perception.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - ChromaDex (NASDAQ: CDXC) has launched its Niagenยฎ IV product nationwide, now available at over 200 Restore Hyper Wellness locations, enhancing access to its NAD+ therapy.

Why It Matters - ChromaDex's nationwide rollout of Niagen IV expands its market reach and could drive revenue growth, enhancing investor confidence in future performance and stock value.

...

CDXC Frequently asked questions

The highest forecasted price for CDXC is $12 from Raghuram Selvaraju at HC Wainwright & Co..

The lowest forecasted price for CDXC is $5 from Raghuram Selvaraju from HC Wainwright & Co.

The CDXC analyst ratings consensus are 5 buy ratings, 0 hold ratings, and 0 sell ratings.