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Craig-Hallum bullish on Dyadic International, initiates with a Buy

As previously reportedly. Craig-Hallum analyst Matthew Hewitt initiated coverage of Dyadic International (DYAI) with a Buy rating and $5 price target The firm likes the overlap of the multiple near-term catalysts from the commercialization of their portfolio. Moreover, Craig-Hallum sees the possibility of substantial gains from partners advancing Dyadic’s proprietary platforms through their clinical research. With shares currently trading at a multiple of 2.7-times EV to FY26 sales, a discount to peers, the firm thinks the current valuation offers an attractive entry point for investors.

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