Co-Diagnostics, Inc. CODX
- Market cap
- $8.3M
- P/E
- 0.0×
Follow CODX
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | 70.50 | 33.30 | 20.82 | 26.40 | 210.30 | 67.80 | 29.25 | 20.10 | 4.98 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| — | 205.50 | 199.80 | 113.10 | 929.70 | 620.55 | 303.30 | 99.90 | 66.90 | 46.50 |
High Price
|
|||
| — | 15 | 20 | 23 | 37 | 101 | 145 | 155 | 132 | 115 |
Employees
|
|||
| — | 0 | 0 | 0 | 2 | 1 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| — | 0 | 0 | 0 | 75 | 98 | 34 | 7 | 4 | 1 |
Revenue
|
|||
| 0.00% | 96.10% | 76.44% | 47.67% | 77.75% | 88.18% | 83.98% | 38.57% | 74.48% | 64.27% |
Gross Margin
|
|||
| (2) | (7) | (6) | (6) | 43 | 46 | (19) | (38) | (38) | (49) |
EBT
|
|||
| 0.00% | (90,379.22%) | (15,718.55%) | (2,881.67%) | 57.10% | 46.62% | (55.08%) | (559.46%) | (959.89%) | (7,793.08%) |
EBT Margin
|
|||
| (2) | (7) | (6) | (6) | 42 | 37 | (14) | (35) | (38) | (47) |
Net Income
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 17 | 1 | 1 | 1 |
Depreciation
|
|||
| 0.00 | 0.02 | 0.10 | 0.39 | 83.79 | 101.81 | 32.64 | 6.97 | 3.87 | 0.47 |
Revenue/Sh
|
|||
| (5.86) | (19.07) | (14.57) | (10.81) | 47.75 | 38.14 | (13.51) | (36.04) | (37.24) | (35.25) |
Earnings/Sh
|
|||
| (3.99) | (8.80) | (9.81) | (9.90) | 31.65 | 42.73 | 6.27 | (22.60) | (28.83) | (21.90) |
Cash Flow/Sh
|
|||
| (0.04) | (0.35) | (0.10) | (0.20) | (0.87) | (0.70) | (1.36) | (1.40) | (0.74) | (0.53) |
Capex/Sh
|
|||
| (4.02) | (9.15) | (9.91) | (10.10) | 30.78 | 42.03 | 4.90 | (23.99) | (29.57) | (22.43) |
Free CF/Sh
|
|||
| (9.10) | 10.55 | (2.55) | 3.11 | 74.96 | 139.86 | 109.24 | 88.02 | 53.28 | 15.51 |
Book Value/Sh
|
|||
| 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Shares
|
|||
| — | 0.00 | 0.00 | 0.00 | 6.50 | 6.97 | 0.00 | 0.00 | 0.00 | 0.00 |
PE Ratio
|
|||
| — | 0.00 | 465.82 | 69.69 | 3.33 | 2.63 | 2.33 | 6.11 | 5.81 | 10.83 |
PS Ratio
|
|||
| — | 7.85 | 0.00 | 8.62 | 3.72 | 1.92 | 0.69 | 0.48 | 0.42 | 0.33 |
PB Ratio
|
|||
| — | 0.00 | 442.01 | 65.53 | 2.70 | 1.71 | (0.05) | (2.48) | (1.79) | (8.26) |
EV/Sales
|
|||
| — | (7.99) | (4.28) | (2.48) | 7.34 | 4.15 | (0.33) | 0.72 | 0.23 | 0.17 |
EV/FCF
|
|||
| (1) | (3) | (4) | (6) | 28 | 41 | 7 | (22) | (29) | (29) |
Op' Cash Flow
|
|||
| 0 | 0 | 0 | 0 | (1) | (1) | (1) | (1) | (1) | (1) |
Capex
|
|||
| (1) | (3) | (4) | (6) | 27 | 40 | 5 | (23) | (30) | (30) |
FCF
|
|||
| (3) | 4 | (1) | 1 | 64 | 103 | 89 | 56 | 25 | 10 |
Working Cap'
|
|||
| 0 | — | 2 | — | — | — | 0 | — | — | — |
Total Debt
|
|||
| (1) | (4) | (1) | (1) | (47) | (90) | (81) | (59) | (30) | (12) |
Net Debt
|
|||
| (3) | 4 | (1) | 2 | 67 | 134 | 115 | 86 | 54 | 21 |
Sh' Equity
|
|||
| (64.74%) | (233.60%) | (201.81%) | (328.81%) | 115.66% | 31.70% | (10.06%) | (32.36%) | (47.38%) | (106.21%) |
ROA
|
|||
| 0.00% | (902.71%) | 0.00% | (436.34%) | 134.43% | 64.53% | (50.63%) | (97.18%) | (103.83%) | (358.57%) |
ROIC
|
|||
| (450.68%) | (1,626.17%) | (449.31%) | (1,826.53%) | 124.14% | 36.45% | (11.44%) | (35.24%) | (53.81%) | (125.89%) |
ROE
|
|||
Co-Diagnostics, Inc. peers in Medical Devices
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| AMIX Autonomix Medical, Inc. | $7.9M | 0.0× | Compare |
| WOK WORK Medical Technology Group LTD | $8.9M | — | Compare |
| VNRX VolitionRX Limited | $6.9M | 0.0× | Compare |
| AEMD Aethlon Medical, Inc. | $10.4M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| ICCM IceCure Medical Ltd. | $6.5M | 0.0× | Compare |
| NVNO enVVeno Medical Corporation | $6.3M | 0.0× | Compare |
| BTCY Biotricity Inc. | $10.9M | 0.0× | Compare |
| PMI Flag Ship Acquisition Corp | $11.1M | 0.2× | Compare |
Co-Diagnostics, Inc. (CODX) key facts
- Co-Diagnostics, Inc. (CODX) is a Medical Devices company in the Healthcare sector, listed on Nasdaq.
- Co-Diagnostics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $622,500.00, down 84.1% from fiscal 2024.
- As of September 25, 2026, CODX traded at $1.09, a market capitalization of $8.3 million.
- Return on equity was −125.9% and debt-to-equity 0.00.
Co-Diagnostics, Inc. (CODX) Latest News
23 Sep
Co-Diagnostics, Inc. announced that Chief Commercialization Officer Seth Egan will attend two UN General Assembly–week events in New York: an UNOPS Partnerships Reception and a side event at the UN High-Level Meeting on Pandemic Prevention, Preparedness and Response. The discussions will focus on TB response and preparedness for future respiratory pandemics. The company notes ongoing clinical performance studies of its Co-Dx PCR MTB test through its India JV CoSara Diagnostics and a US FDA submission (510(k) with CLIA Waiver by Application) for its Co-Dx PCR Flu A/B & RSV multiplex test on the Co-Dx PCR Pro instrument. WHO recommendations on near-point-of-care TB testing and tongue-swab sampling are cited as aligning with Co-Dx’s decentralized testing model. The Co-Dx PCR platform is not FDA-cleared or approved and not yet for sale. The release includes standard forward-looking statements and risk factors. Increased visibility and regulatory progress could influence partnerships and perception, but near-term financial impact remains uncertain.
21 Sep
Co-Diagnostics, Inc. announced that Chief Commercialization Officer Seth Egan will participate in a Global Health Technologies Coalition/Adjuvant Capital roundtable on September 22, 2026, in New York, to discuss Ebola outbreak response and needed technologies. The event will bring together U.S. State Department officials and leaders from the global health R&D community. The roundtable follows Co-Dx’s ongoing work on Ebola diagnostics, including the Bundibugyo virus and pan-Ebola tests via its joint venture CoSara Diagnostics Pvt. Ltd., and third-party evaluation requests from India’s Centre for Cellular and Molecular Platforms. The company also said it is collaborating with ReadyGo Diagnostics to evaluate integrating ReadyGo’s GoCollect sample-preparation technology with the Co-Dx PCR platform for blood-based molecular testing at the point of need, initially for decentralized Ebola detection and outbreak response. Moderate progress and visibility through partnerships and testing activities, but no guarantee of regulatory clearance or commercialization.
16 Sep
Co-Diagnostics partners with ReadyGo to evaluate blood-based molecular testing at point of need, starting with Ebola. Early-stage collaboration on point-of-need Ebola testing may moderately expand market applications without guaranteed near-term revenue shifts.
3 Sep
Co-Diagnostics launches integrated cloud and mobile infrastructure in India. India market entry with cloud and mobile infrastructure represents major strategic expansion that can significantly boost Co-Diagnostics trajectory and investor sentiment.
1 Sep
Co-Diagnostics completes first international installation of Vector Smart® at a USAF base, extending customer reach beyond domestic markets. First international Vector Smart installation at USAF base signals potential military market expansion for Co-Diagnostics.
20 Aug
Co-Dx (CODX) held Q2 2026 earnings call covering financial results, operations and outlook. Earnings call provides financial results and guidance that typically move stock price and investor outlook.
14 Aug
Co-Diagnostics, Inc. (CODX) issued its Q2 2026 earnings call summary covering financial results and outlook. Earnings call details directly shape investor views and near-term stock movement for CODX.
Co-Diagnostics Inc highlighted FDA submission milestone during Q2 2026 earnings call. FDA submission milestone marks major regulatory progress with potential to shift company trajectory and investor sentiment.
13 Aug
Co-Diagnostics reported its second quarter 2026 financial results. Quarterly earnings releases deliver performance metrics that move near-term sentiment without shifting long-term strategy.
6 Aug
Co-Diagnostics submitted an FDA 510(k) premarket notification for its upper respiratory point-of-care test. FDA submission advances new diagnostic test toward potential approval and commercial launch.
29 Jul
Co-Diagnostics announces successful proof of concept for extraction-free Ebola test. Proof of concept for new Ebola test may expand product pipeline and lift short-term market sentiment without immediate revenue effects.
28 Jul
Co-Diagnostics announces successful proof of concept for extraction-free Ebola test. Successful proof of concept for new Ebola test signals product innovation progress in infectious disease diagnostics with moderate future potential.
22 Jul
CoSara, Co-Diagnostics joint venture, starts clinical studies in India for tuberculosis test on PCR platform. Early-stage clinical studies by joint venture signal moderate product pipeline progress in India TB diagnostics without immediate revenue or approval impact.
Co-Diagnostics begins clinical studies for its TB test in India, marking a new milestone. India TB test study launch may expand market reach but remains early-stage with limited near-term financial effects.
1 Jul
Co-Diagnostics completed clinical and analytical studies for its Upper Respiratory Point-of-Care Test ahead of FDA 510(k) submission. Progress toward FDA clearance for a new test can substantially shift Co-Diagnostics revenue outlook and competitive standing.
Co-Diagnostics reaches regulatory milestone for PCR respiratory test platform. Regulatory milestone advances core diagnostic product toward commercialization and strengthens market position.
18 Jun
Co-Diagnostics hosts Kingdom of Saudi Arabia joint venture CoMira to unveil future automated manufacturing line. Joint venture unveiling signals potential manufacturing expansion that may affect operations without confirmed immediate scale or financial effects.
11 Jun
Co-Diagnostics signed a Mexico distributor agreement to advance commercialization of its Co-Dx PCR Pro in Latin America. Mexico distribution agreement enables regional product rollout with moderate potential to lift future sales.
2 Jun
Co-Diagnostics and CoSara advance Ebola PCR test development and Co-Dx PCR Point-of-Care platform capabilities. Advancement of Ebola PCR test and POC platform strengthens CODX infectious disease diagnostics pipeline.
28 May
Co-Diagnostics may be positioned as a key diagnostic provider for U.S. national security applications. Speculative national security angle could lift short-term sentiment without confirmed contracts or revenue impact.
27 May
Co-Diagnostics (CODX) Q4 2025 earnings transcript covers company financial results and executive discussion. Q4 earnings details and outlook can significantly shift CODX investor sentiment and stock trajectory.
26 May
CODX shares surge over 630% across six sessions with retail traders positioning for additional upside. Extreme short-term price surge lifts sentiment yet lacks evidence of fundamental operational change.
Co-Diagnostics advances Ebola PCR assay development strategy via joint venture CoSara. Joint venture advances Ebola assay development potentially strengthening product pipeline.
19 May
Co-Diagnostics develops Ebola assay strategy following WHO emergency alert to address outbreak detection needs. Ebola assay development opens new diagnostic revenue potential for Co-Diagnostics amid health alerts.
Co-Diagnostics develops Ebola assay strategy following recent global outbreak alert. Ebola assay strategy development may create new testing opportunities and moderately lift company visibility.
15 May
Co-Diagnostics (CODX) released its Q1 2026 earnings call transcript detailing financial results, operational updates, and forward-looking guidance. Q1 2026 earnings transcript discloses financial performance and strategic outlook directly impacting CODX investor sentiment and market trajectory.
Co-Diagnostics Inc. (CODX) Q1 2026 earnings call highlights strategic advances including new product developments and partnerships amid ongoing financial challenges and revenue fluctuations. Strategic advances and product pipeline progress in Q1 2026 earnings call signal major shifts in CODX's growth trajectory and investor outlook.
Co-Diagnostics, Inc. held its Q1 2026 earnings call covering quarterly financial results, operational updates, and forward-looking guidance for its molecular diagnostics business. Quarterly earnings calls deliver financial metrics and guidance that moderately shift near-term investor sentiment without guaranteeing structural change.
14 May
Co-Diagnostics, Inc. (CODX) reported first quarter 2026 financial results. Quarterly financial results reveal performance metrics that moderately influence investor sentiment and stock trajectory.
11 May
CoMira, affiliated with Co-Diagnostics (CODX), concludes lease agreement for a manufacturing plant in Sudair Industrial City, Saudi Arabia. Plant lease in Saudi Arabia enables manufacturing expansion and market entry into the Middle East.