Co-Diagnostics Logo
US1897631057
A2DU6V
CODX

Co-Diagnostics

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Forecast

The analysts' average price target is €163.29 (+67,937.50%). The median is €163.29 (+67,937.50%).

Buy
  2
Hold
  3
Sell
  0

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  • Co-Diagnostics reduces loss in Q2 2026, revenue remains very low at $166,000

    Co-Diagnostics reported a net loss of $1.46 per share in Q2 2026, beating analysts' estimate of -$3.00. Revenue was only $166,000, while operating expenses were cut by 23.2% and cash fell to $3.6 million, raising financing needs. Management reports progress on FDA submissions for influenza A/B and RSV, plans regulatory filings for tuberculosis, and expects to continue incurring operating losses in the near term. » More on de.investing.com


  • Co-Diagnostics plans technology transfer and production expansion with Saudi partner

    Co-Diagnostics hosted a delegation from joint-venture partner CoMira Diagnostics, which inspected automated production equipment and the future production line for PCR test kits in Utah. A technology transfer is planned so that CoMira can bring the molecular diagnostic platform and production capacity to Saudi Arabia and 18 other countries in the Middle East and North Africa. The partnership aims to scale local test production and also includes AI- and cloud-based monitoring features; the products are still under review by the FDA and other regulators. The company also reports significant financial strain: revenue fell 79% over the past twelve months to USD 720,000, market capitalization is USD 12.2 million, and while cash exceeds debt, cash burn is high. » More on de.investing.com


  • Co-Diagnostics secures exclusive distribution of the Co‑Dx PCR platform in Mexico

    Co‑Diagnostics has signed a five‑year exclusive distribution agreement for the Co‑Dx PCR point‑of‑care platform in Mexico with its existing partner; the platform (including PCR Pro/Home and the app) is still under regulatory review. The partner has generated over USD 18 million in revenue since 2020 with Logix Smart tests and supported the market launch during the COVID‑19 pandemic. Financials: last‑12‑month revenue of USD 0.72 million with a market capitalization of USD 17.85 million; the stock fell 53% over six months but showed a recovery in the past month. Co‑Diagnostics has expanded product applications beyond COVID‑19 to tuberculosis, HPV, Mpox, H5N1 and an Ebola project. » More on de.investing.com


  • Plans for Ebola test push Co-Diagnostics shares up 40%

    Co-Diagnostics announced it will develop a PCR assay for the Bundibugyo virus (BDBV) together with its Indian joint venture CoSara Diagnostics, after which the stock rose by around 40%. The goal is a configuration for both BDBV-specific and pan‑Ebola tests and to evaluate point-of-care and decentralized workflows. CoSara is intended to provide regional manufacturing capacity for rapid deployment in certain markets, subject to regulatory approvals. The Co-Dx PCR platform is still under review by the FDA and other authorities and is not commercially available. » More on de.investing.com


  • Co-Diagnostics signs lease for production facility in Saudi Arabia

    Joint venture CoMira Diagnostics has signed a lease for a roughly 14,400-square-foot production facility in Sudair Industrial City that, pending regulatory approvals, is intended to support manufacturing of the Co-Dx PCR platform and related products. The turnkey facility is expected to enable a faster transition to operational readiness and be part of a localization and expansion strategy for Saudi Arabia and the broader Middle East/North Africa region. Financials show significant headwinds: market capitalization about $6.95 million, revenue down 84% to $0.62 million over the last twelve months, but a gross margin of 64% and a current ratio of 3.87; analysts do not expect profitability this year. The stock has been highly volatile recently, rising 25% last week but remaining substantially down year to date. » More on de.investing.com

Financials

In the last quarter, Co-Diagnostics had revenue of €249.74K and net profit of -€5.57M
(EUR) September 2026
YoY
Revenue 249.74K 101.60%
Gross profit -18.07K 117.80%
Net profit -5.57M 10.99%
EBITDA -5.37M 7.12%

Fundamentals

Metric Value
Market capitalization
€1.88M
Number of shares
7.45M
52-week high/low
€12.28 - €0.22
Dividends No
Beta
3.20
P/E ratio
-0.01
PEG ratio
0.00
P/B ratio
0.18
P/S ratio
2.41

Company profile

Co-Diagnostics, Inc., a molecular diagnostics company, 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. It offers polymerase chain reaction (PCR) diagnostic tests for COVID-19, tuberculosis, hepatitis B and C, human papilloma virus, malaria, chikungunya, dengue, and the zika virus; three multiplexed tests to test mosquitos for the identification of diseases carried by the mosquitos; and molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications. The company also provides tests that identify genetic traits in plant and animal genomes; and portable PCR device designed to bring PCR to patients in point-of-care and at-home settings. In addition, it intends to sell diagnostic equipment from other manufacturers as self-contained lab systems. The company was incorporated in 2013 and is headquartered in Salt Lake City, Utah.

Name
Co-Diagnostics
CEO
Dwight Egan
Headquarters Salt Lake City, ut
USA
Website
Sector
Consumer Discretionary
Industry
Household Durables
IPO
07/12/2017
Employees 115

Ticker symbols

Exchange Symbol
NASDAQ
CODX
Frankfurt
C97.F
DĂĽsseldorf
C97.DU
Hamburg
C97.HM
London
0A50.L
MĂĽnchen
C97.MU
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