CODX logo

CO-DIAGNOSTICS INC

CODXNASDAQ
๐Ÿ† #5413 by market capEarnings Nov 11US Equity
$1.07โ–ผ $0.04 (โˆ’4.05%)
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24hโ–ผ 4.0%
7dโ–ผ 2.7%
14dโ–ผ 6.6%
30dโ–ผ 11.3%
ytdโ–ผ 78.9%
1yโ–ผ 90.4%
๐ŸฆMarket Cap
$1M
Small Cap
๐Ÿ“ˆRevenue Growth (YoY)
-84.1%
Declining
๐Ÿ“ŠGross Margin
8.1%
Thin
๐Ÿ’ตFCF Margin
-3808.0%
Thin
โš–๏ธP/S Ratio
1.7x
Cheap
Otter Score
72
Fair

Trading Snapshot

Day Range
$1.06 โ€“ $1.08
52-Week Range
$0.91 โ€“ $46.50
Volume
$2.75B
Avg Volume
$2.24B
Shares Outstanding
1.1M
Next Earnings
Dec 7, 2026

Fundamentals Snapshot

Annual Revenue
$622,489
Last Q Revenue
$166,131
P/E Ratio
-0.0
P/S Ratio
1.7x
EPS (TTM)
$-10.92
Dividend Yield
0.00%
Dilution (1yr)
+20.7%

Why Investors Own CODX

  • โœ“High-growth profile โ€” revenue up +42.9% YoY with expanding US Equity exposure.
  • โœ“Healthy economics โ€” 65% gross margin and 22% free-cash-flow margin.
  • โœ“New products and segments could unlock additional revenue streams.
โš ๏ธ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

CODX logo

CO-DIAGNOSTICS INC

CODX
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$622Kโ–ผ โˆ’84.1% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
64.3%โ–ผ โˆ’13.7% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isnโ€™t profitable yet.
โˆ’$31Mโ–ผ โˆ’22.0% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
โˆ’$30Mโ–ผ โˆ’0.2% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing ownerโ€™s slice.
1.3Mโ–ฒ +20.7% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$11Mโ–ฒ +$10M YoY
StockOtter ยท stockotter.space

About CO-DIAGNOSTICS INC

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.

๐Ÿฆฆ

Otter Score Breakdown

How it's scoredFive components, each rated 1โ€“5โ˜… and equally weighted (20%), averaged to a 0โ€“100 score:๐Ÿ’Ž Quality โ€” gross margin๐Ÿš€ Growth โ€” revenue YoYโš–๏ธ Valuation โ€” P/S ratioโšก Momentum โ€” 30-day price change๐Ÿ’ง Dilution โ€” 1-yr share issuance (buybacks score higher)
๐Ÿ’ŽQualityโ˜…โ˜…โ˜…โ˜…โ˜…
๐Ÿš€Growthโ˜…โ˜…โ˜…โ˜…โ˜…
โš–๏ธValuationโ˜…โ˜…โ˜…โ˜…โ˜…
โšกMomentumโ˜…โ˜…โ˜…โ˜…โ˜…
๐Ÿ’งDilutionโ˜…โ˜…โ˜…โ˜…โ˜…
Overall Score
Fair
72/100

Analyst Ratings

โ“˜
Consensus
Buy
8 analysts
Strong Buy2
Buy4
Hold2
Sell0
Strong Sell0
Ratings as of Sep 2026

Latest News & Updates

Defense Worldยท5d ago

Head to Head Review: Halozyme Therapeutics (NASDAQ:HALO) & Co-Diagnostics (NASDAQ:CODX)

Halozyme Therapeutics (NASDAQ: HALO - Get Free Report) and Co-Diagnostics (NASDAQ: CODX - Get Free Report) are both healthcare companies, but which is the better business? We will contrast the two companies based on the

PRNewsWireยท6d ago

Co-Diagnostics to Participate in Global Health Events During UN General Assembly Week

Events Bring Together Global Health Leaders to Examine Tuberculosis and Preparedness for the Next Respiratory Pandemic SALT LAKE CITY, Sept. 23, 2026 /PRNewswire/ -- Co-Diagnostics, Inc.ย (Nasdaq: CODX)ย ("Co-Dx" or "the C

PRNewsWireยท8d ago

Co-Diagnostics to Participate in Global Health Roundtable on Ebola and Outbreak Innovation

Roundtable discussion, taking place in New York City, will examine the ongoing Ebola outbreak and technologies needed to strengthen future outbreak response. Co-Dx will join officials from the U.S. Department of State's

PRNewsWireยท12d ago

Co-Diagnostics to Participate in Joint WHO/Unitaid/UNAIDS Annual Consultation Meeting on September 17-18, 2026

SALT LAKE CITY, Sept. 17, 2026 /PRNewswire/ -- Co-Diagnostics, Inc.ย (Nasdaq: CODX)ย ("Co-Dx" or "the Company"), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic

Seeking Alphaยท13d ago

Co-Diagnostics, Inc. (CODX) Shareholder/Analyst Call Transcript

Co-Diagnostics, Inc. (CODX) Shareholder/Analyst Call Transcript

PRNewsWireยท13d ago

Co-Diagnostics and ReadyGo Collaborate to Evaluate Blood-Based Molecular Testing at the Point of Need, Starting with Ebola

Blood-based testing could open new markets for the Co-Dxยฎ PCR platform, including HIV and hepatitis B and C Co-Diagnostics and ReadyGo target decentralized Ebola detection as the first application of their collaboration