Co-Diagnostics stock analysis
Co-Diagnostics (0A50) Share Price & Analysis
0A50 Stock Chart & Stats
- Day’s Range
- $0.24 - $0.27
- 52-Week Range
- $0.24 - $13.55
- Previous Close
- $0.27
- Volume
- N/A
- Average Volume (3M)
- 111.74K
- Market Cap
- $2.92M
- Enterprise Value
- $7.56M
- Total Cash (Recent Filing)
- $714.80K
- Total Debt (Recent Filing)
- $1.56M
- Price to Earnings (P/E)
- ―
- Beta
- 1.21
- Next Earnings
- Mar 25, 2027 (Est.)
- EPS Estimate
- -0.27
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Regulatory And Clinical Progress
The completed analytical and clinical work, together with the dual FDA submission, advances Co-Diagnostics toward potential commercialization of its multiplex respiratory assay. Regulatory progress can reduce development uncertainty and create a foundation for broader adoption if authorization and market execution follow.
Operating Expense Discipline
Lower operating expenses and a narrower adjusted EBITDA loss show that management has begun aligning spending with the company’s current scale. Continued cost discipline could extend the usefulness of available resources and improve operating leverage if regulatory milestones convert into revenue.
Low Balance-sheet Leverage
Modest debt relative to equity limits the burden of scheduled interest and principal obligations compared with more highly leveraged biotechnology companies. This provides some financial flexibility for commercialization and development, although the benefit is tempered by the company’s shrinking capital base.
Bears Say
Minimal Revenue And Severe Losses
The collapse in revenue leaves the business far below the scale needed to support its diagnostic development infrastructure. Negative gross profit and exceptionally deep net losses indicate that current sales do not cover direct costs or operating expenses, making successful commercialization or major cost reduction essential.
Persistent Cash Burn And Limited Liquidity
Sustained operating cash consumption, combined with the sharp decline in cash, materially reduces the company’s runway while it continues funding regulatory, clinical, and platform initiatives. Without improved cash generation or additional funding, liquidity pressure could constrain execution over the coming quarters.
Financing And Dilution Risk
The structured financing provides near-term liquidity but creates substantial obligations through weekly repayments and security over company assets. Convertible features, commitment shares, and ATM repayment priorities can increase dilution and limit financial flexibility while revenue remains too small to fund operations.
Co-Diagnostics News
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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.
- Sector
- General
- Industry
- Biotechnology
- CEO
- Dwight Egan
- Employees
- 115
- Website
- co-dx.com
- Address
- 2401 S. Foothill Dr., Salt Lake City, UT, 84109, US
Co-Diagnostics (0A50) Earnings & Revenues
0A50 Earnings Call
Earnings Call SentimentNeutral
The call conveyed meaningful operational and regulatory progress — including a dual FDA submission for an upper respiratory multiplex assay, >1,400-patient clinical enrollment, >10,000 analytical PCR runs, TB program advancement toward ERPD, a blood-based Ebola proof-of-concept, strengthened international manufacturing partnerships, and reduced operating expenses that improved net loss and adjusted EBITDA. However, these positives are counterbalanced by a very low revenue base ($166K), a steep decline in cash to $3.6M (≈70% drop), continued operating losses, and materially reduced total assets. While execution milestones materially de-risk the technology and regulatory path, the company faces near-term liquidity and commercialization scaling risks.
View all GB:0A50 earnings summaries0A50 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 4 | 2 | 16 |
| Technical Analysis | 4 | 2 | 4 |
| Moving Averages | 0 | 0 | 12 |











