CDXS — Stock Film
STOCK FILMSCENE 1/11CDXS · $1.47
Stock Expert AI presents
CDXS
Codexis, Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Codexis, Inc. What it actually does.

Discovers and develops enzymes and other proteins. Offers biocatalyst products and services for various applications. Now — the numbers.

on the stock market since 2010
146 employees
$157.6M market value
WHERE DOES THE MONEY COME FROM?
63%Research and Development Revenue
Research and Development RevenueProducts 37%
63% of all revenue comes from a single line: Research and Development Revenue.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$70.4M
The loss that same year:
$44M
For every $1 it earns, the company spends $1.6.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

In the vault right now:
$78.2M
DEBT: $73.2M
At this pace, that money lasts about 1.8 years.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
2.2×

This company is not turning a profit, so the market is pricing its sales instead: 2.2× for every dollar of annual revenue.

Against companies in its own sector, it looks cheaper than 51% of them.

Analysts' average target sits 241% above today's price.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
52
average

Profit indicators sit around the sector average.

FINANCIAL STRENGTH
5
very weak

Clearly below the class average.

VALUATION
51
average

The price isn’t cheap next to earnings — that’s why this grade sits in the middle.

GROWTH
42
weak

Clearly below the class average.

PRICE MOMENTUM
28
very weak

Clearly below the class average.

WORTH WATCHING

Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.

Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 96% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/1
Sales are holding up

The company sells $70.4M a year; the problem isn’t sales — it’s costs running above that number.

1
THE RISKS · 1/3
Small sales, big loss

A loss of $44.0M against $70.4M in annual sales.

2
THE RISKS · 2/3
A wildly swinging price

This stock swings about 2.5 times as much as the market average. Big rallies — and big drops — can both happen fast.

3
THE RISKS · 3/3
The cash has a countdown

At the current pace of spending, the cash lasts about 1.8 years. After that, the company needs to find new money.

FINALE · THE GRADE
F
19 / 100 · MoonshotScore

On our five-subject report card, CDXS sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: CDXS’s sales are going backwards, and it closed last year at a loss. The road back runs through both.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

Analysts’ average target sits above today’s price, yet the valuation grade (51/100) says the stock isn’t cheap.

What would you like to do next?
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This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film