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Healthcare - Biotechnology - NASDAQ - US
$ 2.37
-3 %
$ 196 M
Market Cap
-2.31
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one CDXS stock under the worst case scenario is HIDDEN Compared to the current market price of 2.37 USD, Codexis, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one CDXS stock under the base case scenario is HIDDEN Compared to the current market price of 2.37 USD, Codexis, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one CDXS stock under the best case scenario is HIDDEN Compared to the current market price of 2.37 USD, Codexis, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CDXS

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$6.0$6.0$5.5$5.5$5.0$5.0$4.5$4.5$4.0$4.0$3.5$3.5$3.0$3.0$2.5$2.5$2.0$2.0$1.5$1.515 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
59.3 M REVENUE
-15.39%
-58.5 M OPERATING INCOME
14.03%
-65.3 M NET INCOME
14.38%
-49.4 M OPERATING CASH FLOW
6.13%
-57 M INVESTING CASH FLOW
-1072.91%
60.5 M FINANCING CASH FLOW
641.06%
7.54 M REVENUE
-64.85%
-20.5 M OPERATING INCOME
-179.06%
-20.7 M NET INCOME
-99.38%
-13.8 M OPERATING CASH FLOW
16.21%
11.8 M INVESTING CASH FLOW
511.07%
1.08 M FINANCING CASH FLOW
-4.15%
Balance Sheet Codexis, Inc.
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Current Assets 98.8 M
Cash & Short-Term Investments 73.5 M
Receivables 18.9 M
Other Current Assets 6.43 M
Non-Current Assets 50.2 M
Long-Term Investments 2.8 M
PP&E 42.9 M
Other Non-Current Assets 4.54 M
49.30 %12.67 %4.32 %28.79 %3.05 %Total Assets$149.0m
Current Liabilities 23.6 M
Accounts Payable 2.84 M
Short-Term Debt 5.65 M
Other Current Liabilities 15.2 M
Non-Current Liabilities 58.4 M
Long-Term Debt 57.1 M
Other Non-Current Liabilities 1.37 M
3.46 %6.89 %18.46 %69.52 %Total Liabilities$82.1m
EFFICIENCY
Earnings Waterfall Codexis, Inc.
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Revenue 59.3 M
Cost Of Revenue 16.3 M
Gross Profit 43.1 M
Operating Expenses 102 M
Operating Income -58.5 M
Other Expenses 6.76 M
Net Income -65.3 M
60m60m40m40m20m20m00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)59m(16m)43m(102m)(59m)(7m)(65m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
72.55% GROSS MARGIN
72.55%
-98.61% OPERATING MARGIN
-98.61%
-109.99% NET MARGIN
-109.99%
-97.53% ROE
-97.53%
-43.81% ROA
-43.81%
-44.69% ROIC
-44.69%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Codexis, Inc.
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10m10m00(10m)(10m)(20m)(20m)(30m)(30m)(40m)(40m)(50m)(50m)(60m)(60m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -65.3 M
Depreciation & Amortization 4.95 M
Capital Expenditures -4.3 M
Stock-Based Compensation 13.1 M
Change in Working Capital -12 M
Others -486 K
Free Cash Flow -53.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Codexis, Inc.
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CDXS has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 14
6. Ownership
Insider Ownership Codexis, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
6.65 M USD 1
0-3 MONTHS
1.92 M USD 1
3-6 MONTHS
3.82 M USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Codexis' Landmark Presentations at TIDES USA Highlight Reproducibility and Process Simplification of the ECO Synthesis Platform for Manufacturing siRNA Presentations by leading siRNA CDMOs, Bachem, Nitto Avecia, and ST Pharm, highlight performance and transferability of Codexis double-stranded RNA ligases globenewswire.com - 3 weeks ago
Codexis to Participate in Jefferies Global Healthcare Conference REDWOOD CITY, Calif., May 21, 2025 (GLOBE NEWSWIRE) -- Codexis, Inc. (NASDAQ: CDXS), a leading provider of enzymatic solutions for efficient and scalable therapeutics manufacturing, today announced the Company will attend the Jefferies Global Healthcare Conference, being held June 3-5, 2025, in New York, New York. globenewswire.com - 3 weeks ago
Codexis, Inc. (CDXS) Q1 2025 Earnings Call Transcript Codexis, Inc. (NASDAQ:CDXS ) Q1 2025 Earnings Conference Call May 14, 2025 4:30 PM ET Company Participants Carrie McKim - Director of Investor Relations Stephen Dilly - President and Chief Executive Officer Georgia Erbez - Chief Financial Officer Stefan Lutz - Senior Vice President of Research Conference Call Participants Kristen Kluska - Cantor Fitzgerald Tycho Peterson - Jefferies Allison Bratzel - Piper Sandler Dan Arias - Stifel Matthew Hewitt - Craig-Hallum Brendan Smith - TD Cowen Operator Greetings and welcome to the Codexis First Quarter 2025 Earnings Conference Call and webcast. At this time, all participants are in a listen-only mode. seekingalpha.com - 1 month ago
Codexis (CDXS) Reports Q1 Loss, Misses Revenue Estimates Codexis (CDXS) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.16 per share a year ago. zacks.com - 1 month ago
Codexis Reports First Quarter 2025 Financial Results Secured first revenue-generating contract for ECO Synthesis™ manufacturing services Company reiterates full-year financial guidance Six presentations to feature the ECO Synthesis platform at upcoming TIDES USA annual meeting, including three from leading CDMO collaborators REDWOOD CITY, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Codexis, Inc. (NASDAQ: CDXS), a leading provider of enzymatic solutions for efficient and scalable therapeutics manufacturing, today announced financial results for the first quarter ended March 31, 2025, and provided a business update. globenewswire.com - 1 month ago
Codexis Announces Six Presentations Featuring the ECO Synthesis Platform at TIDES USA Annual Meeting Codexis to showcase data that demonstrate the scalability and reproducibility of its enzymatic siRNA manufacturing processes globenewswire.com - 1 month ago
Codexis to Report First Quarter 2025 Financial Results on May 14 REDWOOD CITY, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- Codexis, Inc. (NASDAQ: CDXS), a leading provider of enzymatic solutions for efficient and scalable therapeutics manufacturing, today announced that it will report its financial results for the first quarter of 2025 on Wednesday, May 14, 2025, following the close of market. Codexis management will host a conference call and webcast at 4:30 pm Eastern Time to discuss the Company's financial results and provide a business update. globenewswire.com - 1 month ago
Codexis (CDXS) Expected to Beat Earnings Estimates: Should You Buy? Codexis (CDXS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
Codexis Announces Byron Dorgan to Retire from Board of Directors REDWOOD CITY, Calif., April 09, 2025 (GLOBE NEWSWIRE) -- Codexis, Inc. (NASDAQ: CDXS), a leading provider of enzymatic solutions for efficient and scalable therapeutics manufacturing, today announced that Byron Dorgan will retire from the Company's Board of Directors when his current term ends at the 2025 Annual Meeting of Stockholders. Mr. Dorgan joined the Board in 2011, served as Chairman from 2021 through 2024, and currently serves as the Chair of the Nominating and Corporate Governance Committee. He will remain a consultant to Codexis for one year following his departure from the Board. globenewswire.com - 2 months ago
Codexis Announces New Employment Inducement Grants REDWOOD CITY, Calif., March 07, 2025 (GLOBE NEWSWIRE) -- Codexis, Inc. (NASDAQ: CDXS), a leading provider of enzymatic solutions for efficient and scalable therapeutics manufacturing, today announced the approval of equity grants to two new employees as approved by the Compensation Committee of Codexis' Board of Directors. The newly hired employees received equity awards consisting of an aggregate of (i) options to purchase 10,000 shares of Codexis common stock and (ii) 5,000 restricted stock units (RSUs) as inducement awards under the Company's 2024 Inducement Plan. globenewswire.com - 3 months ago
Codexis, Inc. (CDXS) Q4 2024 Earnings Call Transcript Codexis, Inc. (NASDAQ:CDXS ) Q4 2024 Earnings Conference Call February 27, 2025 4:30 PM ET Company Participants Carrie McKim - Director of Investor Relations Stephen Dilly - President and Chief Executive Officer Kevin Norrett - Chief Operating Officer Georgia Erbez - Chief Financial Officer Conference Call Participants Richard Miller - Cantor Fitzgerald, L.P. Matthew Stanton - Jefferies Group LLC Allison Bratzel - Piper Sandler Companies Dan Arias - Stifel Financial Corp. Jacob Johnson - Stephens Inc. Matthew Hewitt - Craig-Hallum Capital Group LLC Brendan Smith - TD Cowen Operator Welcome to the Codexis Fourth Quarter and Full Year 2024 Earnings Conference Call. seekingalpha.com - 3 months ago
Codexis (CDXS) Reports Q4 Loss, Misses Revenue Estimates Codexis (CDXS) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.02 per share a year ago. zacks.com - 3 months ago
8. Profile Summary

Codexis, Inc. CDXS

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 196 M
Dividend Yield 0.00%
Description Codexis, Inc. discovers, develops, and sells enzymes and other proteins. It offers biocatalyst products and services; intermediate chemicals products that are used for further chemical processing; and Codex biocatalyst panels and kits that enable customers to perform chemistry screening. The company also provides biocatalyst screening and protein engineering services. In addition, it offers CodeEvolver protein engineering technology platform, which helps in developing and delivering biocatalysts that perform chemical transformations and enhance the efficiency and productivity of manufacturing processes. The company's platform is also used to discover novel biotherapeutic drug candidates for targeted human diseases, as well as for molecular biology and in vitro diagnostic enzymes. It sells its products to pharmaceutical manufacturers through its direct sales and business development force in the United States and Europe. The company was incorporated in 2002 and is headquartered in Redwood City, California.
Contact 200 Penobscot Drive, Redwood City, CA, 94063 https://www.codexis.com
IPO Date April 22, 2010
Employees 188
Officers Ms. Karen Frechou-Armijo Senior Vice President & Head of Human Resources Mr. John Schiffhauer Senior Vice President of Intellectual Property Ms. Georgia L. Erbez Chief Financial Officer Dr. Stefan Lutz Ph.D. Senior Vice President of Research Dr. Stephen George Dilly MBBS, Ph.D. President, Chief Executive Officer & Chairman Mr. Kevin Norrett M.B.A., M.S. Chief Operating Officer Dr. Alison Moore Ph.D. Chief Technology Officer & Executive Vice President Ms. Carrie McKim Director of Investor Relations