CODX Forecast


Bullish Case: Co-Diagnostics' recent regulatory approval in India for influenza testing can boost market presence. Incoming regulatory clarity from the FDA on LDTs may further stabilize operational frameworks, enhancing investor confidence and market opportunities.


Bearish Case: High volatility and a downward trend in price over recent years signal ongoing investor concerns. Regulatory hurdles and lingering impacts from the SEC fine could continue to pressure the company's financial health and market trust.


Potential Outcomes:

1. Successful expansion in international markets post India approval (40%).

2. Regulatory challenges hindering growth (30%).

3. Unexpectedly high demand for influenza tests boosting quarterly revenue (30%).


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April 25, 2024


Co-Diagnostics Forecast

CODX        Co-Diagnostics
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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