0I0X Stock Chart & Stats
$1.62
-$0.05(-3.16%)
At close: 4:00 PM EDT
$1.62
-$0.05(-3.16%)
Day’s Range― - ―
52-Week Range$0.96 - $3.00
Previous CloseN/A
Volume121.00
Average Volume (3M)9.00K
Market Cap
$154.40M
Enterprise Value$223.03M
Total Cash (Recent Filing)$54.92M
Total Debt (Recent Filing)$72.59M
Price to Earnings (P/E)―
Beta0.70
Next Earnings
Oct 29, 2026EPS Estimate
-0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.34
Shares Outstanding109,505,770
10 Day Avg. Volume9,825
30 Day Avg. Volume8,996
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)2.81
Price to Sales (P/S)2.02
P/FCF Ratio-5.96
Enterprise Value/Market Cap1.44
Enterprise Value/Revenue2.87
Enterprise Value/Gross Profit3.43
Enterprise Value/Ebitda-10.79
Forecast
1Y Price Target
$6.50Price Target Upside301.23% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)-0.37
Revenue Forecast (FY)$74.09M
Bulls Say, Bears Say
Bulls Say
Improving Product MarginsProduct gross margin reached 73% in Q2 and management expects high-60s margins for 2026. This supports attractive unit economics, while the improving trend and expense discipline could help narrow losses as commercial volume develops over the next several quarters.
Commercial PipelineThe installed base of commercial products and sizable late-stage pipeline provide multiple avenues for recurring enzyme demand and partner activity. Approvals, label expansion, and upcoming readouts could broaden adoption and support longer-term growth beyond individual customer orders.
Strengthened LiquidityThe financing materially extends Codexis's stated operating runway and supports planned capital spending, including the GMP facility. Greater liquidity reduces near-term funding pressure and gives management time to advance commercialization, scale-up, and customer programs.
Bears Say
Revenue Contraction And LumpinessUneven customer manufacturing schedules make revenue timing difficult to predict and can obscure underlying demand trends. Continued lumpiness may create volatile quarterly results, complicate resource planning, and delay the consistent scale needed to convert strong margins into durable operating leverage.
Negative Cash GenerationPersistent operating and free-cash-flow deficits show that Codexis is not yet self-funding its activities. Even with improved burn, continued investment in facilities and development requires stronger operating performance or additional financing, limiting financial flexibility if commercialization takes longer.
ECOsynthesis Scale-Up RiskThe platform's commercial opportunity depends on moving from promising demonstrations to reliable kilogram-scale output. Remaining challenges in process configuration, flow rates, temperature control, and sequence robustness could delay GMP readiness, customer adoption, and revenue conversion.
Codexis News
0I0X FAQ
What was Codexis’s price range in the past 12 months?
Codexis lowest share price was $0.96 and its highest was $3.00 in the past 12 months.
What is Codexis’s market cap?
Codexis’s market cap is $154.40M.
When is Codexis’s upcoming earnings report date?
Codexis’s upcoming earnings report date is Oct 29, 2026 which is in 17 days.
How were Codexis’s earnings last quarter?
Codexis released its earnings results on Aug 11, 2026. The company reported -$0.13 earnings per share for the quarter, beating the consensus estimate of -$0.142 by $0.012.
Is Codexis overvalued?
According to Wall Street analysts Codexis’s price is currently Undervalued.
Does Codexis pay dividends?
Codexis does not currently pay dividends.
What is Codexis’s EPS estimate?
Codexis’s EPS estimate is -0.1.
How many shares outstanding does Codexis have?
Codexis has 109,505,770 shares outstanding.
What happened to Codexis’s price movement after its last earnings report?
Codexis reported an EPS of -$0.13 in its last earnings report, beating expectations of -$0.142. Following the earnings report the stock price went up 7.333%.
Which hedge fund is a major shareholder of Codexis?
Currently, no hedge funds are holding shares in GB:0I0X
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
Codexis Stock Smart Score
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
$6.50 (301.23% Upside)
$6.50 (301.23% Upside)
Blogger Sentiment
Bearish
GB:0I0X Sentiment 100%
Sector Average 67%
Sector Average 67%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-47.38%
12-Months-Change
Fundamentals
Return on Equity
-74.36%
Trailing 12-Months
Asset Growth
-13.16%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Codexis
Codexis, Inc. is a biotechnology firm dedicated to the discovery, development, and commercialization of enzymes and other protein-based solutions. Its diverse portfolio encompasses advanced biocatalyst products and related services, specialized chemical intermediates vital for subsequent processing steps, and proprietary biocatalyst panels and kits that empower clients to conduct effective chemistry screening. The company also extends its expertise through biocatalyst screening and sophisticated protein engineering services. Central to its operations is the proprietary CodeEvolver protein engineering technology platform. This innovative platform is instrumental in crafting and delivering high-performance biocatalysts capable of driving chemical transformations, thereby significantly enhancing the efficiency and productivity of manufacturing processes. Beyond industrial applications, the CodeEvolver platform is also leveraged for identifying novel biotherapeutic drug candidates for targeted human diseases, as well as for developing enzymes essential for molecular biology research and in vitro diagnostic applications. Primarily serving pharmaceutical manufacturers, Codexis distributes its products through its dedicated direct sales and business development teams across the United States and Europe. Established in 2002, the company maintains its headquarters in Redwood City, California.
0I0X Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a predominantly positive strategic and technical narrative: clear technology milestones (stereochemistry control, Starterless initiation), progressing scale demonstrations (hundreds of grams toward kilogram scale), active CDMO and biopharma engagements, improving product gross margin (73%) and disciplined expense reductions. Financially, the company showed a modest year-over-year revenue decline in the quarter, a pre-financing drop in cash balance, and an ongoing net loss. These negatives are mitigated by a successful $25M financing that restores pro forma cash to ~$79.8M and management's stated cash runway through 2028, plus reiterated 2026 revenue guidance ($70M–$76M). The primary remaining risks are revenue lumpiness, the need to convert pilot/tech-transfer activity into firm commercial contracts, and successfully industrializing ECOsynthesis at commercial scale. On balance, highlights (technical differentiation, commercial engagement, margin improvement, financing and runway) outweigh the lowlights (quarterly revenue decline, cash drawdown prior to financing, execution risk), supporting a constructive view of progress and prospects.View all GB:0I0X earnings summaries0I0X Stock 12 Month Forecast
Average Price Target
$6.50
▲(301.23% Upside)