Codexis (CDXS) logo

Codexis (CDXS) stock

Enzymes for medicines , market cap $134M

$1.05
-11.76%

As of 3:39 PM ET, delayed 15+ min · Live for Pro members

Why is CDXS down?

Down 11.8% today, more than its organic chemicals peers' 2.6%; no story names it yet.

Lags the market

Down 97% over five years while the S&P 500 rose 76%.

  • Since its Nov 2021 high, sales fell from $104.8M to $77.7M, and its loss grew from $21.3M to $30.7M.

Sources: Price history, Oct 30, 2026; Its high and its filings, Oct 30, 2026; Annual reports, Dec 31, 2025

Tell me next time CDXS moves

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1 more reason, free with an account →3 more reasons why CDXS lags the market, from its filings, with the timeline, for Pro members.
Quality Score
-4
Poor
In its industry
#11of 15

CDXS's Quality Score fell 1 point on Mon, Nov 2, to -4.

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Key facts on CDXS

Key facts on CDXS
Latest filing10-Q, Aug 11 Filed its quarterly report (10-Q) for the quarter to Jun 30, 2026
1 more reason behind CDXS's -4, free with an account →4 more reasons behind CDXS's -4, for Pro members.

CDXS in the news

TodayNo story names it yet.

What's next

Tue Nov 3: TIDES Europe 2026Industry event · date confirmed.

CDXS catalysts

Coming up

After its last 4 reports it closed +9.1% on average, higher 3 of 4 times.

10 past catalysts since 2021, with sizes and sources, for Pro members.Get in free →

Why CDXS scores -4

Poorfor quality, not price, 1 of 14 chart checks firingWhat the Quality Score means

Well below its recent run. CDXS scores -4 today, against a median of 0 over its last 20 recorded sessions.

  • −3Long-term trend below a falling 200-⁠day average, down over one year, down over two years
  • +3Growth sales up 36% on the year, gross margin up 9.4 pointsSales and margins against a year earlier: up to +3 for fast growth and widening margins, down to -2 when both shrink.
  • Chart checks adds
  • Size subtracts
  • Volatility subtractsA daily range of 5% or more with nothing behind it (no profit or cash flow, sales shrinking, or 10% more shares outstanding with no free cash flow): -1, or -2 from 8%.
  • Cash flow subtracts-1 when free cash flow over the last four quarters is negative.
  • Insider trades subtracts

No effect today: Run-up, Profit, Dilution, Persistence, and News.

What every line is worth, and the reason behind it, on CDXS and every other stock.Get in free →

Price, score, chart checks, and the industry rank are from a snapshot taken at 3:39 PM ET, at least 15 minutes behind. How we rank stocks.

Tested. Our top-⁠scored stocks returned 2.2x the average stock over the next month. How we tested it

Here is what Pro members see.

  • The same page for Pro members, on AMD

    Its Quality Score and rank, the line that drives it, and the live price.

  • The full chart

    A year of candles to start, out to the whole history, with insider trades marked and the Quality Score under the price.

  • Every line of the score

    Price action, the company, and signals, each with its points, on CDXS and every other stock.

  • CEOs buying their own stock

    Every CEO buy, biggest names first. Sort, filter, save the list, and set optional alerts.

  • Congress trades

    A member's trades, newest first, each with its amount. Sort and filter the whole list.

  • 14 chart checks, read for you

    The ones firing on the stock, each in plain words, its rule a tap away.

  • Earnings, week by week

    Who reports each day, and how each stock took its last four reports.

  • FDA dates, counted down

    Each date in the company's words, its cash against the date, and an optional alert before it.

  • The market map

    Every stock a box, colored by its Quality Score.

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    Each theme's stocks ranked by Quality Score, live. Here, AI chips.

  • The top 10, every day

    The ten highest Quality Scores at each close, kept day by day, week by week.

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CDXS has 1 of 14 chart checks firing

Volume1 of 3 shown
Tight range1 of 3 shown
Buying1 of 3 shown
The other 10 checks on CDXS, and all 14 on every stock.Get in free →

CDXS RSI today: 29.9, below its 50-day and 200-day averages

Not scored

Not in the Quality Score: over 20 years of tests, 2006 to 2026, they added no edge.

The deep dive on CDXS

  • What it does and how it makes money6 findingsResearch and Development Revenue sales rose 97% in fiscal 2025, to $44.4M from $22.6M.SEC filing · Mar 11, 2026"In these collaborations … licensing fees and/or royalties as the customer’s product commercializes." (10-K for fiscal 2025)SEC filing · Mar 11, 2026"Our United States ('U.S.') patents and pending patent applications directed to the CodeEvolver technology platform developed internally by us have terms that expire between 2029 and approximately 2034." (10-K for fiscal 2025)SEC filing · Mar 11, 2026
  • Where it stands4 findingsFor Pro members4 findings on where CDXS stands: its cash, debt, and share count, for Pro members
  • What changed in its filings2 findingsA new heading in its "Risk Factors" this year: "International trade policies, including tariffs, sanctions and trade barriers, may adversely affect our business." (10-K for fiscal 2025; not in fiscal 2024's)SEC filing · Mar 11, 2026, against the one of Feb 27, 2025One customer made up 51% of its revenue in fiscal 2025, up from 13% in fiscal 2024.SEC filing · Mar 11, 2026
  • Who holds and trades it2 findingsFor Pro members2 findings on who holds and trades CDXS, for Pro members
9 more findings on CDXS, each with its source, for Pro membersGet in free →

How CDXS ranks in Organic Chemicals

CDXS is #11 of 15 by Quality Score among Industrial Organic Chemicals.

How CDXS ranks in Organic Chemicals
11Codexis (CDXS) logoCDXSCodexis-4

More in Organic Chemicals

When does CDXS report earnings, and what happens after?

Reports Thu Nov 12, after the close (in 10 days). Confirmed.

What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.

What CDXS reported on Aug 11, 2026

The quarter

The figures are not read from the release yet.

“The decrease was primarily due to lower employee-related costs, reduced spending on outside services and lower lab supplies, partially offset by higher allocable costs.”

The filing on EDGAR

Where the sales came from

CDXS's results filing gives no sales by line in a table we read.

The outlook

The outlook the company gave, by period
MeasureFigure
Full year 2026
Total revenues$72M to $76Mkept

Figures as filed (SEC filing, Aug 11)

In the company's words

  • “Gross margin for the year 2026 is expected to be in the high 60% range.”

From its results filing (SEC filing · Aug 11)

1 more sentence, for Pro members.

The numbers

Market value
$134M
today
Sales
$77.7M
up 35.9% on the year
Free cash flow
-$12.2M
last 12 months

Sales grew 0.4% a year over 5 years, fiscal 2020 to 2025.

Its share count grew 8% a year over 5 years.

4 more figures, for Pro members.

No analyst estimates on Breakaway: every figure here is filed.

The whole report on CDXS: every line of its sales, every outlook beside the one it replaced, and the company's words, for Pro members.Get in free →
ReportedGapReaction5
sessions
Aug 11, 2026After close+0.7%+8.1%+1.4%
May 7, 2026After close+0.8%+10.5%-0.4%
Mar 11, 2026After close+52.0%+34.6%+15.8%

CDXS closed higher after 3 of its last 4 reports.

All 4 reports, and CDXS's Quality Score going into each

Everyone reporting earnings next week

CDXS sales and profit by year

Sales and profit by year

Sales grew in five of the last seven years, to $70.4M in 2025. It lost money in each of the eight years.

CDXS share count over time

Shares: 6.6% more than a year ago (to Jun 30).

Shares of CDXS outstanding, as filed
Shares
outstanding
As
of
109.5MAug 6, 2026
90.9MMay 1, 2026
90.9MMar 5, 2026
90.3MNov 3, 2025
Offerings, shelves, and splits of CDXS, from its filings
From its
filings
Filed
Raised $25M in a sale of shares, about 19% of its market valueJul 24, 2026

Insiders trading CDXS

CDXS insider trades

3 insiders sold $23K across 3 filings in the last 6 months. No open-⁠market buys on record. The newest:

SellGeorgia Erbez$9KInsiderat $1.36 on Oct 12, filed Oct 14
All 3 insider filings on CDXS from the last six months, for Pro members.Get in free →

All CDXS insider trades

CDXS's officers and directors

Officers and directors with a Form 4 in the last 12 months.

See insider trades by person

Which ETFs hold CDXS?

In ETFs: CDXS is under 0.1% of VTI, the most of the 24 funds Breakaway covers, by their holdings as filed for Jun 30, 2026.

About Codexis

Codexis Inc is a biotechnology company engaged in providing enzyme-based technology solutions to improve pharmaceutical manufacturing processes. The company operates through two key business areas: the ECO Synthesis manufacturing platform and small molecule pharma biocatalysis. The ECO Synthesis platform focuses on developing enzymatic processes for the large-scale manufacture of RNA interference therapeutics, while the biocatalysis business utilizes engineered enzymes to enhance efficiency, yield, and sustainability in small molecule drug manufacturing. Geographically, it derives maximum revenue from the Americas.

146 employeesRedwood City, CAcodexis.com

CDXS's score card

Codexis (CDXS): Quality Score -4, Poor, #11 of 15 in Organic Chemicals, with its price, on Breakaway
The picture a link to this page shows when it is shared.

Pro members see every line of every stock's score.

  • What would turn CDXS's score around: 7 things
  • 2 more filings explained, a plain line each
  • Real-⁠time prices, no delay
BreakawayOct 14Georgia Erbez sold CDXS$9K at $1.36, filed Oct 14

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See CDXS's 14 chart checks

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Straight Answers

As of Nov 2, 2026: CDXS's Quality Score is -4 (Poor), #11 of 15 in Industrial Organic Chemicals. Insiders sold $23K in the last 6 months (Form 4).

Is CDXS a good stock to buy? What its Quality Score says

CDXS scores -4 today, which Breakaway calls Poor. It is #11 of 15 in Industrial Organic Chemicals by Quality Score, with 1 of 14 chart checks firing. Down 97% over five years while the S&P 500 rose 76%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.

What is CDXS's Quality Score?

CDXS scores -4 today, which Breakaway calls Poor (below zero). That is #11 of 15 in Industrial Organic Chemicals by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind CDXS's -4.

Are insiders buying CDXS?

3 insiders sold $23K across 3 filings in the last 6 months. No open-⁠market buys on record. The newest is Georgia Erbez, Insider, who sold $9K on Oct 12. Every filing, with the scored weight, for Pro members.

Are the prices delayed?

Only on the public pages, which run at least 15 minutes behind. Pro members, and anyone on a guest pass, see real-time prices: the scanner refreshes every 15 seconds, and your watchlist every few seconds, pre-market and after hours included.

The moves after past earnings reports are past behavior, not a forecast.

The price, the score, the chart checks and readings, and the industry rank on this page are delayed at least 15 minutes.

Our top-scored stocks' record: Oct 2021 to Sep 2026, before costs. Recorded live since Sep 9 2026.

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