CDXS
Codexis Inc
NASDAQ: CDXS · HEALTHCARE · BIOTECHNOLOGY
$2.54
-8.57% today
Updated 2026-06-05
Market cap
$254.51M
P/E ratio
—
P/S ratio
3.26x
EPS (TTM)
$-0.35
Dividend yield
—
52W range
$1 – $4
Volume
1.2M
WallStSmart proprietary scores
34
out of 100
Grade: F
Strong Sell
Investment rating
5.3
Growth
C+5.5
Quality
C+2.0
Profitability
F5.7
Valuation
C+4/9
Piotroski F-Score
Moderate
-5.3
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →202 stocks currently score above 75
Price targets
Analyst target
$6.58
+159.06%
12-Month target
—
—
Intrinsic (DCF)
$7.19
Margin of safety
+83.45%
1 Strong Buy4 Buy2 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Revenue growth 102.10% QoQ
+ 83.45% below intrinsic value
Risks
- Altman Z -5.25 — distress zone
- Thin margins at -41.00%
- Negative free cash flow $-13.33M
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $138.59M | $70.14M | $59.34M | $70.39M | $78.09M |
| Net income | $-33.59M | $-76.24M | $-65.28M | $-43.97M | $-8.70M |
| EPS | — | — | — | — | $-0.35 |
| Free cash flow | $2.98M | $-57.06M | $-53.72M | $-23.85M | $-13.33M |
| Profit margin | -24.24% | -108.69% | -109.99% | -62.47% | -41.00% |
Peer comparison
Smart narrative
Codexis Inc trades at $2.54. Our Smart Value Score of 34/100 indicates the stock is weak. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of -5.25, it sits in the distress. TTM revenue stands at $78.09M. with profit margins at -41.00%. Our DCF model estimates intrinsic value at $7.19.
Frequently asked questions
What is Codexis Inc's stock price?
Codexis Inc (CDXS) trades at $2.54, on a P/S of 3.3x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Codexis Inc overvalued?
Codexis Inc carries a Smart Value Score of 34/100 (Grade F), which we rate Strong Sell. That score blends growth, quality, and valuation into one read. Our DCF puts intrinsic value at $7.19 versus the $2.54 price, a 83.5% margin of safety on a cash flow basis.
What is the price target of Codexis Inc (CDXS)?
The 12-month analyst consensus target is $6.58, about 159.1% above the current $2.54. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the intrinsic value of Codexis Inc (CDXS)?
Our DCF model estimates intrinsic value at $7.19, a +83.5% margin of safety versus today's $2.54. Intrinsic value is what the projected cash flows are worth today. A positive reading means the price sits below that estimate, leaving a cushion if growth holds.
What is Codexis Inc's revenue?
Codexis Inc's trailing twelve-month revenue is $78.09M. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Codexis Inc's Altman Z-Score is -5.25, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorHEALTHCARE
IndustryBIOTECHNOLOGY
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio3.26x
ROE-68.90%
Beta2.48
50D MA$2.41
200D MA$2.04
Shares out0.09B
Float0.07B
Short ratio—
Avg volume1.2M
Performance
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YTD—
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