Codexis, Inc.

Codexis, Inc.

Codexis, Inc. (CDXS) is a protein engineering company that designs and commercialises engineered enzymes for pharmaceutical development, biocatalysis and industrial applications. Investors should know Codexis operates a platform-led model: its proprietary CodeEvolver® technology seeks to speed enzyme discovery and optimisation, which the company monetises via collaborations, licensing and product sales. Revenue drivers include partnerships with large drugmakers, royalties from licensed programmes and productised enzyme offerings. As a small-cap biotech (market cap ~ $249M) the stock can be sensitive to partnership updates, development milestones and quarterly results. Strengths include strong scientific IP and established commercial deals, but risks include dependence on a limited number of partners, competitive enzyme technologies, and the general volatility of the biotech sector. This summary is educational and not personal advice; potential investors should assess suitability, consider diversification, and be aware that past performance is not a reliable guide to future returns.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Codexis stock, believing it could rise significantly in value.

Above Average

Financial Health

Codexis is performing well with strong revenue and cash flow, showing good profit potential.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring CDXS

Synthetic-Bio Foundries

Synthetic-Bio Foundries

Discover companies that are programming living cells to create the materials of tomorrow. These carefully selected stocks represent pioneers in replacing petrochemical processes with cleaner, more efficient biological alternatives - essentially turning microbes into tiny manufacturing plants.

Published: June 17, 2025

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Why You’ll Want to Watch This Stock

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Platform-driven Growth

CodeEvolver® aims to accelerate enzyme discovery, supporting collaborations and licences that can drive revenue — though commercial uptake can take time.

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Partner-led Commercial Model

Codexis often monetises through partnerships and royalties with large pharma and industrial customers, which can provide scalable opportunities but also concentration risk.

Small-cap Volatility Risk

Market moves can be pronounced for small biotechnology firms; investors should consider suitability and diversification before taking a position.

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6% Interest on Cash

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