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Coda Octopus Group Inc (CODA)
NASDAQ:CODA
US Market
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Coda Octopus Group (CODA) Price & Analysis

199 Followers

CODA Stock Chart & Stats

$10.21
$0.07(0.70%)
At close: 4:00 PM EDT
$10.21
$0.07(0.70%)

Bulls Say, Bears Say

Bulls Say
High Margins And Cash GenerationStrong gross and operating margins, together with operating cash flow exceeding net income and solid free cash flow, indicate good earnings quality and financial self-funding. This supports continued investment without relying heavily on external capital.
Debt-Free Balance SheetA substantial cash balance and absence of debt provide resilience through uneven procurement cycles and marine demand. The conservative capital structure preserves flexibility to fund product development, pursue acquisitions, and absorb temporary revenue volatility.
Defense Product Adoption MilestonesNavy approval for DAVID and initial NanoGen vehicle integration expand the company’s addressable defense programs. Successful fielding and evaluations could create repeat orders and support management’s longer-term shift toward program-based revenue.
Bears Say
Volatile Revenue And Marine Hardware DemandThe sharp TTM decline and steep fall in marine hardware sales show that revenue remains exposed to project timing, commercial offshore activity, and customer concentration. This volatility can make capacity planning and sustained growth difficult.
Defense Procurement Timing RiskReliance on government procurement creates a structural timing risk because funded programs may not convert into awards or revenue on schedule. The lack of a broader DAVID contracting vehicle further limits visibility into recurring orders.
Acoustics Margin Mix PressureGrowth in acoustics is currently accompanied by substantial margin dilution as sales shift toward acoustic test environment products. If this mix persists, higher revenue may translate into weaker segment profitability and lower consolidated margin quality.

Coda Octopus Group News

CODA FAQ

What was Coda Octopus Group Inc’s price range in the past 12 months?
Coda Octopus Group Inc lowest stock price was $7.61 and its highest was $17.28 in the past 12 months.
    What is Coda Octopus Group Inc’s market cap?
    Coda Octopus Group Inc’s market cap is $113.48M.
      When is Coda Octopus Group Inc’s upcoming earnings report date?
      Coda Octopus Group Inc’s upcoming earnings report date is Sep 14, 2026 which is in 10 days.
        How were Coda Octopus Group Inc’s earnings last quarter?
        Coda Octopus Group Inc released its earnings results on Jun 15, 2026. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02.
          Is Coda Octopus Group Inc overvalued?
          According to Wall Street analysts Coda Octopus Group Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Coda Octopus Group Inc pay dividends?
            Coda Octopus Group Inc does not currently pay dividends.
            What is Coda Octopus Group Inc’s EPS estimate?
            Coda Octopus Group Inc’s EPS estimate is 0.12.
              How many shares outstanding does Coda Octopus Group Inc have?
              Coda Octopus Group Inc has 11,280,754 shares outstanding.
                What happened to Coda Octopus Group Inc’s price movement after its last earnings report?
                Coda Octopus Group Inc reported an EPS of $0.15 in its last earnings report, beating expectations of $0.13. Following the earnings report the stock price went down -14.56%.
                  Which hedge fund is a major shareholder of Coda Octopus Group Inc?
                  Currently, no hedge funds are holding shares in CODA
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Coda Octopus Group Inc

                    Coda Octopus Group, Inc., alongside its subsidiary entities, specializes in the design and distribution of advanced underwater technologies and specialized equipment. These innovations serve critical applications such as 3D imaging, detailed mapping, defense operations, and comprehensive survey work, with a global presence spanning the Americas, Europe, Australia, Asia, the Middle East, and Africa. The company's operations are divided into two key divisions: the Marine Engineering Business and the Marine Technology Business. Their comprehensive suite of solutions addresses the unique demands of subsea and underwater environments. Key product offerings include sophisticated geophysical systems, encompassing software for data acquisition, processing, and analysis, primarily utilized by survey firms, offshore renewable energy developers, research institutions, and salvage companies. They also provide GNSS-aided navigation systems, as well as the Echoscope and Echoscope PIPE, specifically engineered for real-time monitoring of subsea cable installations for offshore wind projects. Furthermore, their portfolio features a diver augmented vision display system. Under the CodaOctopus GeoSurvey brand, the company delivers hardware and software for the in-field acquisition of data from sidescan sonar and sub-bottom profilers. Additionally, the CodaOctopus DA4G productivity suite offers software solutions that automate the analysis, annotation, and mosaicing of intricate datasets. Established in 1994, Coda Octopus Group, Inc. maintains its corporate headquarters in Orlando, Florida, and markets all its products under the distinguished CodaOctopus brand.

                    Coda Octopus Group (CODA) Earnings & Revenues

                    CODA Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    Overall the call presents a positive operational and financial picture: strong profit and margin expansion, improved cash position with no debt, meaningful product milestones (DAVID Approved for Navy Use) and initial NanoGen traction, and solid growth in the defense services and acoustics revenue. These positives are tempered by a pronounced decline in the Marine Technology revenue (notably hardware sales), geopolitical headwinds impacting Middle East/Asia demand, margin compression in the acoustics segment due to sales mix, and timing uncertainties around some defense procurements and product evaluations. On balance, the favorable profitability, cash strength and strategic technology milestones outweigh the near-term revenue and regional demand challenges.View all CODA earnings summaries

                    CODA Stock 12 Month Forecast

                    Average Price Target

                    $14.00
                    ▲(37.12% Upside)
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                    Ownership Overview

                    28.09%4.97%11.07%52.86%
                    28.09% Insiders
                    11.07% Other Institutional Investors
                    52.86% Public Companies and
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