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Co-Diagnostics (DE:C970)
NASDAQ:C970

Co-Diagnostics (C970) Price & Analysis

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C970 Stock Chart & Stats

€0.26
-€0.13(-13.68%)
At close: 4:00 PM EST
€0.26
-€0.13(-13.68%)

Bulls Say, Bears Say

Bulls Say
Regulatory Progress — Upper Respiratory StudyCompleting a >1,400 patient upper-respiratory study and targeting a 510(k) for Flu A/B/RSV creates a durable regulatory pathway to CLIA-waived point-of-care clearance. A successful 510(k) would materially expand addressable markets for instruments and recurring consumables, supporting multi-year commercial traction if execution holds.
India Manufacturing & Commercial Foothold (CoSara)A licensed local manufacturer and established distribution across India/South Asia provide durable market access and diversification outside the US. The CDSCO manufacturing clearance and existing customer base support faster commercialization and recurring reagent sales, lowering go-to-market friction and enabling scalable regional revenue growth.
Manufacturing Automation & Capacity ImprovementsAutomating consumables production with a ~4x efficiency target and existing output demonstrates scalable manufacturing capabilities. Durable reductions in per-unit labor and overhead can meaningfully improve gross margins as volumes rise, enhance supply reliability, and support faster fulfillment for clinical and commercial customers over multiple quarters.
Bears Say
Severe Revenue ContractionA structural collapse in revenue and persistent negative operating cash flow indicate the business is operating far below scale. Fixed costs and R&D commitments against a tiny revenue base undermine operating leverage and make sustainable margins and reinvestment difficult without durable commercial recovery or strategic change.
Liquidity Strain And Financing NeedMaterial cash burn with only single-digit millions on hand creates near-term execution risk: clinical filings, manufacturing scale-up and commercialization depend on new funding. The likely need for equity, debt, or partnerships increases dilution or covenant risk and could constrain strategic optionality in the next few quarters.
Negative Product Economics And Widening LossesA current negative gross margin on nascent sales shows product-level economics are not yet viable; combined with rising R&D and operating expenses, this widens structural operating losses. Without margin recovery through pricing, scale, or cost reductions, profitability remains distant even if regulatory milestones are met.

Co-Diagnostics News

C970 FAQ

What was Co-Diagnostics’s price range in the past 12 months?
Co-Diagnostics lowest stock price was €5.16 and its highest was €36.00 in the past 12 months.
    What is Co-Diagnostics’s market cap?
    Co-Diagnostics’s market cap is €16.41M.
      When is Co-Diagnostics’s upcoming earnings report date?
      Co-Diagnostics’s upcoming earnings report date is Aug 06, 2026 which is in 62 days.
        How were Co-Diagnostics’s earnings last quarter?
        Co-Diagnostics released its earnings results on May 14, 2026. The company reported -€3.496 earnings per share for the quarter, missing the consensus estimate of N/A by -€3.496.
          Is Co-Diagnostics overvalued?
          According to Wall Street analysts Co-Diagnostics’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Co-Diagnostics pay dividends?
            Co-Diagnostics does not currently pay dividends.
            What is Co-Diagnostics’s EPS estimate?
            Co-Diagnostics’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Co-Diagnostics have?
            Co-Diagnostics has 3,685,314 shares outstanding.
              What happened to Co-Diagnostics’s price movement after its last earnings report?
              Co-Diagnostics reported an EPS of -€3.496 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
                Which hedge fund is a major shareholder of Co-Diagnostics?
                Currently, no hedge funds are holding shares in DE:C970
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Co-Diagnostics

                  Co-Diagnostics, Inc. operates as a molecular diagnostics company that develops, manufactures, and sells reagents used for diagnostic tests that function through the detection and/or analysis of nucleic acid molecules in the United States and internationally. The company offers Co-Dx PCR platform, a polymerase chain reaction testing to patients in point-of-care and at-home setting. It also provides PCR diagnostic tests for COVID-19, influenza, tuberculosis, hepatitis B and C, human papillomavirus, malaria, chikungunya, dengue, and the zika virus. In addition, the company offers three multiplexed tests to test mosquitos for the identification of diseases carried by the mosquitos; molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications; tests that identify genetic traits in plant and animal genomes; and portable diagnostic device designed to bring PCR to patients in point-of-care and at-home settings. The company was incorporated in 2013 and is based in Salt Lake City, Utah.

                  Co-Diagnostics (C970) Earnings & Revenues

                  C970 Earnings Call

                  Q1 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Neutral
                  The call communicated meaningful operational and regulatory progress across multiple strategic fronts — completed upper respiratory enrollment (>1,400 patients), India manufacturing license and expanded TAM (~$13B), TB clinical start timing, land allocation in Saudi Arabia, and manufacturing automation plans (~4x efficiency). However, the company still reports very limited absolute revenue, a negative gross margin, widening net loss and adjusted EBITDA losses, and a substantial cash decline to $8.2M with an anticipated need for additional capital. Program-level uncertainties (COVID prevalence affecting submission scope), unfinished manufacturing rollouts and no assurance on strategic transactions temper the positive operational milestones. Overall, operational momentum is clear, but financial constraints and execution risks balance the outlook.View all DE:C970 earnings summaries
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