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NASDAQ: CODX
Co Diagnostics Inc Stock Forecast, Predictions & Price Target

Analyst price target for CODX

Based on 1 analyst offering 12 month price targets for Co Diagnostics Inc.
Min Forecast
$3.00+175.23%
Avg Forecast
$3.00+175.23%
Max Forecast
$3.00+175.23%

Should I buy or sell CODX stock?

Based on 1 analyst offering ratings for Co Diagnostics Inc.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CODX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
HC Wainwright & Co.
Bottom 14%
14
HoldReiterates$3.00+175.23%2023-05-15

1 of 1

Forecast return on equity

Is CODX forecast to generate an efficient return?
Company
7.39%
Industry
-121.66%
Market
-10.28%
CODX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CODX forecast to generate an efficient return on assets?
Company
6.98%
Industry
9.45%
CODX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CODX vs Diagnostic & Research Stocks

TickerPricePrice TargetUp/downsideConsensus
CODX$1.09$3.00+175.23%Hold
TRIB$0.90N/AN/A
AKU$0.40N/AN/A
BWAY$1.74$6.67+283.16%Buy
PMD$4.80N/AN/A

Co Diagnostics Stock Forecast FAQ

Is Co Diagnostics Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: CODX) stock is to Hold CODX stock.

Out of 1 analyst, 0 (0%) are recommending CODX as a Strong Buy, 0 (0%) are recommending CODX as a Buy, 1 (100%) are recommending CODX as a Hold, 0 (0%) are recommending CODX as a Sell, and 0 (0%) are recommending CODX as a Strong Sell.

If you're new to stock investing, here's how to buy Co Diagnostics stock.

What is CODX's forecast return on equity (ROE) for 2023-2023?

(NASDAQ: CODX) forecast ROE is 7.39%, which is considered weak.

What is CODX's Price Target?

According to 1 Wall Street analyst that have issued a 1 year CODX price target, the average CODX price target is $3.00, with the highest CODX stock price forecast at $3.00 and the lowest CODX stock price forecast at $3.00.

The Wall Street analyst predicted that Co Diagnostics's share price could reach $3.00 by May 15, 2024. The average Co Diagnostics stock price prediction forecasts a potential upside of 175.23% from the current CODX share price of $1.09.

What is CODX's forecast return on assets (ROA) for 2023-2023?

(NASDAQ: CODX) forecast ROA is 6.98%, which is lower than the forecast US Diagnostics & Research industry average of 9.45%.
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