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Codexis Inc has a consensus price target of $12.67 based on the ratings of 8 analysts. The high is $23 issued by Piper Sandler on January 19, 2023. The low is $5 issued by Stifel on August 14, 2023. The 3 most-recent analyst ratings were released by Cantor Fitzgerald on September 20, 2024, August 29, 2024, and August 9, 2024, respectively. With an average price target of $11 between Cantor Fitzgerald, there's an implied 171.60% upside for Codexis Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Codexis (NASDAQ:CDXS) was reported by Benchmark on November 4, 2024. The analyst firm set a price target for $0.00 expecting CDXS to fall to within 12 months (a possible -100.00% downside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Codexis (NASDAQ:CDXS) was provided by Benchmark, and Codexis reiterated their hold rating.
The last upgrade for Codexis Inc happened on February 29, 2024 when Benchmark raised their price target to $9. Benchmark previously had a hold for Codexis Inc.
The last downgrade for Codexis Inc happened on August 19, 2024 when Benchmark changed their price target from N/A to N/A for Codexis Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Codexis, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Codexis was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest Codexis (CDXS) rating was a reiterated with a price target of $0.00 to $0.00. The current price Codexis (CDXS) is trading at is $4.05, which is out of the analyst’s predicted range.
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