Codexis (CDXS) Stock Price

Codexis Price

NASDAQ·CLOSED
2.13USD-0.26 (-11.71 %)
Market closed

Over the last 19 years Codexis grew revenue by 8.9% annually, reaching 59.35 M USD. For Codexis, the net margin of -110.0% is down versus -34.7% a few years ago. The consensus 12-month price target for Codexis is 7.14 USD, about 235.2% above where the stock trades today. Of 13 analysts, 10 rate the stock a buy — an overall Buy consensus. Codexis's share price has lost 24.2% over the last twelve months. The stock trades about 117% above its 52-week low.

Codexis stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Codexis over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Codexis stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Codexis's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Codexis Stock Price History
DateCodexis Price
7/14/20262.13 USD
7/13/20262.39 USD
7/10/20262.43 USD
7/9/20262.56 USD
7/8/20262.59 USD
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7/6/20262.47 USD
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6/30/20262.26 USD
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5/22/20262.49 USD
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5/1/20262.67 USD
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4/7/20261.98 USD
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3/31/20261.63 USD
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3/3/20260.98 USD
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2/26/20261.07 USD
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2/2/20261.44 USD
1/30/20261.24 USD
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1/28/20261.29 USD
1/27/20261.43 USD
1/26/20261.55 USD
1/23/20261.68 USD
1/22/20261.83 USD
1/21/20261.71 USD
1/20/20261.61 USD
1/16/20261.67 USD
1/15/20261.78 USD
1/14/20261.78 USD
1/13/20261.71 USD
1/12/20261.68 USD
1/9/20261.64 USD
1/8/20261.68 USD
1/7/20261.70 USD
1/6/20261.72 USD
1/5/20261.63 USD
1/2/20261.61 USD
12/31/20251.63 USD
12/30/20251.60 USD
12/29/20251.64 USD
12/26/20251.63 USD
12/24/20251.68 USD
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12/22/20251.70 USD
12/19/20251.66 USD
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12/12/20251.67 USD
12/11/20251.71 USD
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12/4/20251.77 USD
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11/28/20251.73 USD
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11/24/20251.59 USD
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11/20/20251.57 USD
11/19/20251.62 USD
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11/14/20251.65 USD
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11/12/20251.93 USD
11/11/20251.80 USD
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11/7/20251.69 USD
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11/4/20252.17 USD
11/3/20252.26 USD
10/31/20252.37 USD
10/30/20252.36 USD
10/29/20252.42 USD
10/28/20252.59 USD
10/27/20252.60 USD
10/24/20252.70 USD
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10/22/20252.56 USD
10/21/20252.76 USD
10/20/20252.74 USD
10/17/20252.65 USD
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10/15/20252.74 USD
10/14/20252.52 USD
10/13/20252.50 USD
10/10/20252.59 USD
10/9/20252.68 USD
10/8/20252.65 USD
10/7/20252.56 USD
10/6/20252.69 USD
10/3/20252.54 USD
10/2/20252.52 USD
10/1/20252.50 USD
9/30/20252.44 USD
9/29/20252.47 USD
9/26/20252.46 USD
9/25/20252.40 USD
9/24/20252.48 USD
9/23/20252.46 USD
9/22/20252.52 USD
9/19/20252.45 USD
9/18/20252.49 USD
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9/16/20252.49 USD
9/15/20252.44 USD
9/12/20252.43 USD
9/11/20252.44 USD
9/10/20252.43 USD
9/9/20252.45 USD
9/8/20252.45 USD
9/5/20252.42 USD
9/4/20252.42 USD
9/3/20252.41 USD
9/2/20252.51 USD
8/29/20252.73 USD
8/28/20252.72 USD
8/27/20252.67 USD
8/26/20252.63 USD
8/25/20252.68 USD
8/22/20252.89 USD
8/21/20252.82 USD
8/20/20252.82 USD
8/19/20252.87 USD
8/18/20253.00 USD
8/15/20253.01 USD
8/14/20253.10 USD
8/13/20253.05 USD
8/12/20252.86 USD
8/11/20252.80 USD
8/8/20252.77 USD
8/7/20252.78 USD
8/6/20252.86 USD
8/5/20252.93 USD
8/4/20252.84 USD
8/1/20252.69 USD
7/31/20252.68 USD
7/30/20252.79 USD
7/29/20252.82 USD
7/28/20253.04 USD
7/25/20253.11 USD
7/24/20253.24 USD
7/23/20253.33 USD
7/22/20253.05 USD
7/21/20252.84 USD
7/18/20252.82 USD
7/17/20252.88 USD
7/16/20252.86 USD
7/15/20252.81 USD
Access this data via the Eulerpool API

Codexis Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
138.60 M USD
-31.70 M USD
-33.60 M USD
Jan 1, 2023
70.14 M USD
-54.80 M USD
-76.24 M USD
Jan 1, 2024
59.35 M USD
-58.35 M USD
-65.28 M USD
Jan 1, 2025 (e)
68.63 M USD
-56.62 M USD
-60.43 M USD
Jan 1, 2026 (e)
72.22 M USD
-38.89 M USD
-36.85 M USD
Jan 1, 2027 (e)
96.95 M USD
-6.54 M USD
-17.50 M USD
Jan 1, 2028 (e)
129.55 M USD
14.67 M USD
-5.53 M USD
Jan 1, 2029 (e)
160.04 M USD
27.61 M USD
-14.74 M USD

Codexis Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 15, 2026, 7:25 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2016201720182019202020212022202320242025e2026e2027e2028e2029e2030e2031e
48.0050.0060.0068.0069.00104.00138.0070.0059.0068.0072.0096.00129.00160.00213.00291.00
17.074.1720.0013.331.4750.7232.69-49.28-15.7115.255.8833.3334.3824.0333.1336.62
81.2570.0080.0076.4779.7178.8572.4681.4372.8872.8872.8872.8872.8872.8872.8872.88
39.0035.0048.0052.0055.0082.00100.0057.0043.0049.5652.4769.9794.02116.61155.24212.08
-8.00-23.00-10.00-11.00-24.00-21.00-33.00-76.00-65.00-60.00-36.00-17.00-5.00-14.00-8.0020.00
14.29187.50-56.5210.00118.18-12.5057.14130.30-14.47-7.69-40.00-52.78-70.59180.00-42.86-350.00
40.6046.2052.2056.5059.4064.6065.3068.1373.4173.4173.4173.4173.4173.4173.4173.41
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Codexis generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Codexis retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Codexis's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Codexis has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Codexis's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Codexis stock margins

The Codexis margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Codexis. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Codexis.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
80.03 %
-34.59 %
-34.73 %
Jan 1, 2021
78.72 %
-21.66 %
-20.32 %
Jan 1, 2022
72.58 %
-22.87 %
-24.24 %
Jan 1, 2023
81.74 %
-78.13 %
-108.69 %
Jan 1, 2024
72.55 %
-98.33 %
-109.99 %
Jan 1, 2025 (e)
72.55 %
-82.50 %
-88.07 %
Jan 1, 2026 (e)
72.55 %
-53.85 %
-51.03 %
Jan 1, 2027 (e)
72.55 %
-6.75 %
-18.05 %

Codexis Stock Revenue, EBIT, Earnings per Share

The Codexis earnings per share therefore indicates how much revenue Codexis has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
1.16 USD
-0.40 USD
-0.40 USD
Jan 1, 2021
1.62 USD
-0.35 USD
-0.33 USD
Jan 1, 2022
2.12 USD
-0.49 USD
-0.51 USD
Jan 1, 2023
1.03 USD
-0.80 USD
-1.12 USD
Jan 1, 2024
0.81 USD
-0.79 USD
-0.89 USD
Jan 1, 2025 (e)
0.76 USD
-0.77 USD
-0.67 USD
Jan 1, 2026 (e)
0.80 USD
-0.53 USD
-0.41 USD
Jan 1, 2027 (e)
1.07 USD
-0.09 USD
-0.19 USD

Codexis business model & stock analysis

Codexis Inc. is an American biotechnology company that specializes in developing innovative biological solutions for a variety of industries. The company was founded in 2002 and is headquartered in Redwood City, California. Business Model: Codexis is service-oriented and provides customized enzyme solutions for companies looking to improve their products through sustainable processes. The company has developed a unique platform called Rational Protein Engineering, which allows for the development of specific enzymes for various industries. Customers benefit from enzyme optimization expertise and know-how. Divisions: Codexis operates in the fields of life sciences, materials science, agrochemicals, and biofuels. 1. Life Sciences: Codexis specializes in the production of enzymes and biocatalysts for the pharmaceutical industry in the life sciences division. The goal is to provide a faster and more efficient manufacturing process for pharmaceutical active ingredients. The company has successfully developed active ingredients for antibodies, lipids, uric acid, and antivirals. 2. Materials Science: In the materials science division, Codexis specializes in the production of enzymes for materials such as dyes, polymers, and cosmetic products. Codexis ensures that these products are efficiently manufactured without the use of environmentally harmful chemicals. 3. Agrochemicals: Codexis offers customized enzyme solutions to agrochemical manufacturers that reduce the use of chemicals and benefit the environment. These enzymes help in the production of pesticides and other agrochemicals. 4. Biofuels: In the biofuels division, Codexis specializes in the production of enzymes for processing corn, harvested plants, or waste products. These enzymes help enable cost-effective biofuel production. Products: Codexis has developed a wide range of products tailored to the needs of various industries. Some of the products recently introduced to the market by Codexis include: 1. CodeEvolver: CodeEvolver is a platform that allows biotechnology companies to quickly create customized enzyme solutions for their specific needs. The process is fully automated and results in a significant reduction in development time and costs. 2. Codex® screening panels: Codexis offers various screening panels that allow customers to quickly and efficiently select the enzymes best suited for their purposes. The panels are suitable for industries including pharmaceuticals, chemicals, and plant protection. 3. Codex® enzymes: Codexis offers a wide range of enzymes specifically designed for different industry needs. This includes enzymes for the production of biofuels, pesticides, cosmetic products, and pharmaceuticals. Overall, Codexis Inc. has demonstrated its ability to deepen the understanding of biocatalysts and introduce innovative biological processes in a variety of industries through its unique Rational Protein Engineering platform.

Codexis SWOT Analysis

Strengths

Codexis Inc has a strong and experienced management team, enabling effective decision-making and business strategy implementation. The company possesses cutting-edge biotechnology expertise, allowing it to develop innovative and high-quality products. Codexis also has a strong intellectual property portfolio, which provides a competitive advantage in the industry.

Weaknesses

One of the weaknesses of Codexis Inc is its high dependence on a limited number of key customers. This reliance creates vulnerability in case of any disruptions or changes in customers' preferences. The company also faces challenges in effectively managing its research and development costs, as developing new products requires substantial investments.

Opportunities

Codexis Inc has significant opportunities for growth in the expanding biotechnology and pharmaceutical markets. The increasing demand for sustainable and environmentally friendly solutions presents a favorable market for Codexis' biocatalysis technology. The company can also explore strategic partnerships and collaborations to expand its market reach and access new customers.

Threats

One of the potential threats for Codexis Inc is intense competition in the biotechnology industry. Rival companies with similar technologies and product offerings may limit the market share of Codexis. The company also faces regulatory risks, as changes in government regulations and policies related to biotechnology can impact its operations. Additionally, macroeconomic factors such as economic downturns can affect customer spending and demand for Codexis' products.

Codexis Segments

Codexis Revenue by Segment (1/5)

  • 3 Years

  • 5 Years

  • Max

Research and Development Revenues
Research and development revenue
Product Sales
Research and development revenue ($1,245, $1,955 and $900 from a related party)
Product revenue ($514, $0 and $0 from a related party)
Details
Date
Research and Development Revenues
Research and development revenue
Product revenue ($0, $0 and $514 from a related party)
Product Sales
Research and development revenue ($1,245, $1,955 and $900 from a related party)
Product revenue ($0, $514 and $0 from a related party)
Research and development revenue ($0, $1,245 and $1,955 from a related party)
Research and development revenue ($0, $0 and $1,245 from a related party)
Product revenue ($514, $0 and $0 from a related party)
Jan 1, 2018
35.00 M USD
0.00 USD
0.00 USD
22.17 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
38.99 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
20.95 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
11.98 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Codexis Revenue by Segment (2/5)

  • 3 Years

  • 5 Years

  • Max

Product revenue
Research and Development Revenues
Research and development revenue
Research and development revenue ($1,955, $900 and $0 from a related party)
Product Sales
Details
Date
Product revenue
Research and Development Revenues
Research and development revenue
Research and development revenue ($1,955, $900 and $0 from a related party)
Product Sales
Jan 1, 2018
0.00 USD
33.40 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
38.99 M USD
0.00 USD
0.00 USD
29.47 M USD
Jan 1, 2020
0.00 USD
0.00 USD
38.84 M USD
0.00 USD
0.00 USD
Jan 1, 2021
70.66 M USD
0.00 USD
0.00 USD
34.10 M USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Codexis Revenue by Segment (3/5)

  • 3 Years

  • 5 Years

  • Max

Research and development revenue
Revenue sharing arrangement
Details
Date
Research and development revenue
Revenue sharing arrangement
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2021
34.10 M USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD

Codexis Revenue by Segment (4/5)

  • 3 Years

  • 5 Years

  • Max

Performance Enzymes
Novel Biotherapeutics
Details
Date
Performance Enzymes
Novel Biotherapeutics
Jan 1, 2018
47.07 M USD
13.52 M USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
48.11 M USD
20.95 M USD
Jan 1, 2021
90.52 M USD
14.24 M USD
Jan 1, 2022
126.61 M USD
11.98 M USD

Codexis Revenue by Segment (5/5)

  • 3 Years

  • 5 Years

  • Max

Performance Enzymes
Novel Biotherapeutics
Details
Date
Performance Enzymes
Novel Biotherapeutics
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2019
58.16 M USD
10.30 M USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD

Codexis Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

APAC
Asia Pacific
United States
Americas
Europe
EMEA
CHINA
International
India
SINGAPORE
SWITZERLAND
Others
IRELAND
Other Asian Countries
United Kingdom
Details
Date
APAC
Asia Pacific
United States
Americas
Europe
EMEA
CHINA
International
India
SINGAPORE
SWITZERLAND
Others
IRELAND
Other Asian Countries
United Kingdom
Jan 1, 2017
0.00 USD
0.00 USD
15.47 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
9.48 M USD
5.64 M USD
6.17 M USD
13.22 M USD
0.00 USD
0.00 USD
0.00 USD
51,000.00 USD
Jan 1, 2018
22.86 M USD
0.00 USD
0.00 USD
15.33 M USD
0.00 USD
8.88 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
18.29 M USD
0.00 USD
0.00 USD
13.04 M USD
0.00 USD
37.13 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
25.45 M USD
0.00 USD
0.00 USD
24.35 M USD
0.00 USD
19.26 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
61.09 M USD
0.00 USD
0.00 USD
23.48 M USD
0.00 USD
20.19 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
65.05 M USD
0.00 USD
0.00 USD
17.00 M USD
0.00 USD
56.54 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
33.50 M USD
0.00 USD
13.70 M USD
13.73 M USD
0.00 USD
22.91 M USD
20.30 M USD
0.00 USD
0.00 USD
0.00 USD
11.10 M USD
0.00 USD
500,000.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
27.71 M USD
21.30 M USD
21.28 M USD
0.00 USD
10.36 M USD
9.80 M USD
0.00 USD
7.30 M USD
6.20 M USD
3.40 M USD
0.00 USD
1.80 M USD
0.00 USD
0.00 USD

Codexis Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Codexis historical P/E ratio, EBIT multiple, and P/S ratio

Codexis annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Codexis shares outstanding

The number of shares of Codexis was 73.41 M in 2025. This indicates how many shares Codexis is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
59.40 M Stocks
Jan 1, 2021
64.60 M Stocks
Jan 1, 2022
65.30 M Stocks
Jan 1, 2023
68.13 M Stocks
Jan 1, 2024
73.41 M Stocks
Jan 1, 2025 (e)
73.41 M Stocks
Jan 1, 2026 (e)
73.41 M Stocks
Jan 1, 2027 (e)
73.41 M Stocks

Current Codexis forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy76.92 % (10)
Hold23.08 % (3)
Sell0.00 % (0)
12M Price Target
7.14
Last Price
2.13
Currency
USD
12M Return Potential
235.21 %
LTM Return
0 %

Codexis Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
7/30/2026-0.14USD14.64 MUSD2026 Q2
5/7/2026-0.15USD14.73 MUSD2026 Q1
4/30/2026-0.15USD14.73 MUSD2026 Q1
3/11/2026-0.04USD36.55 MUSD2025 Q4
2/26/2026-0.04USD36.55 MUSD2025 Q4
2/25/2026-0.04USD36.55 MUSD2025 Q4
8/13/2025-0.19USD14.39 MUSD2025 Q2
5/2/2024-0.19USD11.74 MUSD2024 Q1
2/21/2024-0.16USD17.33 MUSD2023 Q4
8/2/2023-0.29USD22.47 MUSD2023 Q2

EESG©

Eulerpool ESG Scorecard© for the Codexis stock

76/100
61
Environment
99
Social
68
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Codexis shareholder structure

% Name
13.96147%
Opaleye Management Inc.
Opaleye Management Inc.
7.97166%
Casdin Capital, LLC
Casdin Capital, LLC
6.48036%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.08106%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
4.81668%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
4.65118%
abrdn Inc.
abrdn Inc.
...

Codexis Executives and Management Board

SD

Dr. Stephen Dilly

(65)

Chairman of the Board, President, Chief Executive Officer · since 2020

Compensation3.47 M USD
KN

Mr. Kevin Norrett

(52)

Chief Operating Officer

Compensation1.52 M USD
AM

Dr. Alison Moore

(58)

Executive Vice President, Chief Technical Officer · since 2020

Compensation1.10 M USD
GE

Ms. Georgia Erbez

(58)

Chief Financial Officer

Compensation931,593.00 USD
DS

Mr. David Smith

(65)

Lead Independent Director

Compensation214,835.00 USD

Frequently asked questions about Codexis

The business model of Codexis Inc is focused on providing sustainable biocatalysis solutions to industries such as pharmaceuticals, food and beverage, and chemicals. Codexis employs proprietary protein engineering technology to create highly efficient biocatalysts that can replace traditional chemical processes, resulting in cost savings, increased product yields, and reduced environmental impact. By collaborating with its customers, Codexis develops customized enzymes and processes that address specific challenges and improve overall efficiency in various manufacturing processes. Codexis aims to offer value-added solutions to help its customers achieve their sustainability goals while maintaining profitability.

All fundamentals and in-depth analysis of Codexis

Our stock analysis for Codexis stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Codexis. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.