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CODX Stock Forecast: Co-Diagnostics Inc. Price Predictions for 2026

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$2.36

-3.62 (-60.54%)

CODX Stock Forecast 2026-2027

$2.36
Current Price
$5.10M
Market Cap
2 Ratings
Buy 1
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to CODX Price Targets

+1,806.8%
To High Target of $45.00
+1,806.8%
To Median Target of $45.00
+1,806.8%
To Low Target of $45.00

CODX Price Momentum

-61.4%
1 Week Change
-70.9%
1 Month Change
-89.4%
1 Year Change
-53.5%
Year-to-Date Change
-94.9%
From 52W High of $46.50
0.0%
From 52W Low of $2.36
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Latest CODX Stock Price Targets & Analyst Predictions

Based on our analysis of 5 Wall Street analysts, CODX has a neutral consensus with a median price target of $45.00 (ranging from $45.00 to $45.00). The overall analyst rating is N/A (N/A/10). Currently trading at $2.36, the median forecast implies a 1,806.8% upside. This outlook is supported by 1 Buy, 1 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CODX Analyst Ratings

1
Buy
1
Hold
0
Sell

CODX Price Target Range

Low
$45.00
Average
$45.00
High
$45.00
Current: $2.36

Latest CODX Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CODX.

Date Firm Analyst Rating Change Price Target
Nov 26, 2025 Maxim Group Jason McCarthy Buy Initiates $1.50
Nov 24, 2025 HC Wainwright & Co. Yi Chen Neutral Reiterates $N/A
Oct 28, 2025 D. Boral Capital Jason Kolbert Buy Maintains $3.00
Oct 16, 2025 D. Boral Capital Jason Kolbert Buy Maintains $3.00
Sep 19, 2025 D. Boral Capital Jason Kolbert Buy Maintains $3.00
Sep 17, 2025 D. Boral Capital Jason Kolbert Buy Maintains $10.00
Aug 15, 2025 D. Boral Capital Jason Kolbert Buy Maintains $10.00
Apr 28, 2025 D. Boral Capital Jason Kolbert Buy Initiates $10.00
Mar 28, 2025 HC Wainwright & Co. Yi Chen Neutral Maintains $1.00
Nov 11, 2024 HC Wainwright & Co. Yi Chen Neutral Reiterates $1.50
Aug 12, 2024 HC Wainwright & Co. Yi Chen Neutral Maintains $1.50
Jun 17, 2024 HC Wainwright & Co. Yi Chen Neutral Reiterates $2.00
May 13, 2024 HC Wainwright & Co. Yi Chen Neutral Maintains $2.00
Mar 15, 2024 HC Wainwright & Co. Yi Chen Neutral Maintains $2.50
Dec 29, 2023 HC Wainwright & Co. Yi Chen Neutral Reiterates $3.00
Nov 13, 2023 HC Wainwright & Co. Yi Chen Neutral Maintains $3.00
Aug 14, 2023 HC Wainwright & Co. Yi Chen Neutral Maintains $2.00
May 15, 2023 HC Wainwright & Co. Yi Chen Neutral Reiterates $3.00
Mar 20, 2023 HC Wainwright & Co. Yi Chen Neutral Downgrade $3.00
Feb 23, 2023 HC Wainwright & Co. Yi Chen Buy Reiterates $6.00

Co-Diagnostics Inc. (CODX) Competitors

The following stocks are similar to Co-Diagnostics based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Co-Diagnostics Inc. (CODX) Financial Data

Co-Diagnostics Inc. has a market capitalization of $5.10M with a P/E ratio of -0.1x. The company generates $507,892 in trailing twelve-month revenue with a 74.5% profit margin.

Revenue growth is -77.3% quarter-over-quarter, while maintaining an operating margin of -4,824.5% and return on equity of -62.1%.

Valuation Metrics

Market Cap $5.10M
Enterprise Value $2.17M
P/E Ratio -0.1x
PEG Ratio 0.0x
Price/Sales 10.4x

Growth & Margins

Revenue Growth (YoY) -77.3%
Gross Margin +81.9%
Operating Margin -4,824.5%
Net Margin +74.5%
EPS Growth -77.3%

Financial Health

Cash/Price Ratio +238.9%
Current Ratio 3.8x
Debt/Equity 3.7x
ROE -62.1%
ROA -37.9%
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Co-Diagnostics Inc. logo

Co-Diagnostics Inc. (CODX) Business Model

About Co-Diagnostics Inc.

What They Do

Develops innovative diagnostic technology for infectious diseases.

Business Model

Co-Diagnostics generates revenue by developing, manufacturing, and marketing diagnostic tests, particularly for infectious diseases like COVID-19 and Zika. Their proprietary CoPrimerโ„ข technology enhances PCR test accuracy, allowing them to offer cost-effective and high-quality solutions.

Additional Information

Founded in 2013 and headquartered in Salt Lake City, Utah, the company plays a vital role in public health by improving access to essential diagnostic tools globally, particularly in resource-limited regions.

Company Information

Sector

Healthcare

Industry

Medical Devices

Employees

132

CEO

Mr. Dwight H. Egan

Country

United States

IPO Year

2017

Website

co-dx.com

Co-Diagnostics Inc. (CODX) Latest News & Analysis

Latest News

CODX stock latest news image
Quick Summary

Co-Diagnostics, Inc. (Nasdaq: CODX) announced that its Indian joint venture, CoSara Diagnostics, is enhancing its distributor network in India after attending two regional conferences.

Why It Matters

Strengthening its distributor base in India enhances Co-Diagnostics' market presence and potential revenue growth, signaling positive prospects for investors in the company's future performance.

Source: PRNewsWire
Market Sentiment: Neutral
CODX stock latest news image
Quick Summary

Co-Diagnostics, Inc. has received its first patent for its Co-Dx PCR platform from the Australian Patent Office, enhancing its intellectual property portfolio.

Why It Matters

The patent enhances Co-Diagnostics' competitive edge, potentially boosting market position and attracting investment, as it indicates innovation and exclusivity in molecular diagnostics.

Source: PRNewsWire
Market Sentiment: Neutral
CODX stock latest news image
Quick Summary

Co-Diagnostics, Inc. has filed for a 1-for-30 reverse stock split, effective December 30, 2025. This will impact the company's common stock on the Nasdaq exchange.

Why It Matters

A 1-for-30 reverse stock split indicates Co-Diagnostics is attempting to boost its share price, which may affect liquidity and investor perception of the company's stability and growth potential.

Source: PRNewsWire
Market Sentiment: Neutral
CODX stock latest news image
Quick Summary

CoDiagnostics has obtained its first patent for the Co-Dx PCR platform in Australia, enhancing its intellectual property protection while awaiting regulatory approval.

Why It Matters

Securing a patent enhances CoDiagnostics' competitive edge and potential market value, while regulatory clearance could lead to increased revenue from the Co-Dx PCR platform.

Source: Zacks Investment Research
Market Sentiment: Negative
CODX stock latest news image
Quick Summary

Co-Diagnostics, Inc. announced an in silico analysis confirming the effectiveness of its Co-Primersยฎ in the Logix Smartยฎ ABC test for detecting influenza A, B, and COVID-19.

Why It Matters

Co-Diagnostics' successful analysis of its primers enhances confidence in its testing accuracy for influenza and COVID-19, potentially boosting demand and stock performance.

Source: PRNewsWire
Market Sentiment: Neutral
CODX stock latest news image
Quick Summary

Co-Diagnostics, Inc. announced that its joint venture, CoSara Diagnostics Pvt. Ltd., will participate in a TB diagnostics workshop for South-East Asian countries.

Why It Matters

Co-Diagnostics' involvement in a TB diagnostics workshop signals growth potential and international collaboration, which may enhance revenue and market positioning, attracting investor interest.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About CODX Stock

What is Co-Diagnostics Inc.'s (CODX) stock forecast for 2026?

Based on our analysis of 5 Wall Street analysts, Co-Diagnostics Inc. (CODX) has a median price target of $45.00. The highest price target is $45.00 and the lowest is $45.00.

Is CODX stock a good investment in 2026?

According to current analyst ratings, CODX has 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $2.36. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for CODX stock?

Wall Street analysts predict CODX stock could reach $45.00 in the next 12 months. This represents a 1,806.8% increase from the current price of $2.36. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Co-Diagnostics Inc.'s business model?

Co-Diagnostics generates revenue by developing, manufacturing, and marketing diagnostic tests, particularly for infectious diseases like COVID-19 and Zika. Their proprietary CoPrimerโ„ข technology enhances PCR test accuracy, allowing them to offer cost-effective and high-quality solutions.

What is the highest forecasted price for CODX Co-Diagnostics Inc.?

The highest price target for CODX is $45.00 from at , which represents a 1,806.8% increase from the current price of $2.36.

What is the lowest forecasted price for CODX Co-Diagnostics Inc.?

The lowest price target for CODX is $45.00 from at , which represents a 1,806.8% increase from the current price of $2.36.

What is the overall CODX consensus from analysts for Co-Diagnostics Inc.?

The overall analyst consensus for CODX is neutral. Out of 5 Wall Street analysts, 1 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $45.00.

How accurate are CODX stock price projections?

Stock price projections, including those for Co-Diagnostics Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.

Last updated: January 14, 2026 3:24 AM UTC
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