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

199 Followers

CODA Stock Chart & Stats

$10.04
$0.07(0.70%)
At close: 4:00 PM EDT
$10.04
$0.07(0.70%)

Bulls Say, Bears Say

Bulls Say
High Margins And ProfitabilitySustained high gross (~66% TTM) and operating (~21% TTM) margins indicate durable unit economics and strong pricing or technological differentiation. These margins support reinvestment, R&D, and buffer cyclical revenue swings, underpinning long-term cash generation and profitability resilience.
Strong Cash Generation And No DebtA debt-free balance sheet with >$30M cash and TTM operating cash flow ~1.7x net income (strong free cash flow conversion) provides durable financial flexibility. This supports organic investment, absorbs revenue timing volatility, and funds targeted M&A without levering the company.
Product Approvals And Growing Defense PipelineFormal Navy approval is a structural commercial inflection: it unlocks fleet procurement channels and potential repeat orders, validates technology for defense customers, and combined with NanoGen OEM integration progress, strengthens durable addressable market and multi-year program opportunities.
Bears Say
Revenue Volatility And Marine Tech DeclineMaterial declines in Marine Technology and hardware sales show the business is exposed to project timing and commercial offshore cyclicality. This revenue concentration and timing sensitivity can persist across quarters, reducing predictability of cash flows and complicating capacity and investment planning.
Procurement Timing And Contract Structure RiskApproval without an IDIQ/BPA leaves defense orders ad-hoc and timing uncertain. Reliance on direct procurements limits predictable multi-year program revenue, slowing transition to recurring-contract models and increasing sensitivity to budget cycles and government award timing.
Balance Sheet Reporting InconsistencyInconsistent recent balance sheet figures reduce confidence in leverage and liquidity assessment. Even if annual figures look conservative, reporting anomalies hinder reliable stress testing and investor visibility, raising execution risk for financing or M&A decisions over the medium term.

Coda Octopus Group News

CODA FAQ

What was Coda Octopus Group’s price range in the past 12 months?
Coda Octopus Group lowest stock price was $7.01 and its highest was $17.28 in the past 12 months.
    What is Coda Octopus Group’s market cap?
    Coda Octopus Group’s market cap is $115.18M.
      When is Coda Octopus Group’s upcoming earnings report date?
      Coda Octopus Group’s upcoming earnings report date is Sep 16, 2026 which is in 32 days.
        How were Coda Octopus Group’s earnings last quarter?
        Coda Octopus Group 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 overvalued?
          According to Wall Street analysts Coda Octopus Group’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Coda Octopus Group pay dividends?
            Coda Octopus Group does not currently pay dividends.
            What is Coda Octopus Group’s EPS estimate?
            Coda Octopus Group’s EPS estimate is 0.12.
              How many shares outstanding does Coda Octopus Group have?
              Coda Octopus Group has 11,280,754 shares outstanding.
                What happened to Coda Octopus Group’s price movement after its last earnings report?
                Coda Octopus Group 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?
                  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

                    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
                    ▲(39.44% Upside)
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                    Ownership Overview

                    28.09%4.97%6.49%57.50%
                    28.09% Insiders
                    6.49% Other Institutional Investors
                    57.50% Public Companies and
                    Individual Investors
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