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

197 Followers

CODA Stock Chart & Stats

$13.27
-$0.05(-0.59%)
At close: 4:00 PM EST
$13.27
-$0.05(-0.59%)

Bulls Say, Bears Say

Bulls Say
High Profitability & MarginsSustained high gross and operating margins reflect rich product mix (specialized sonar hardware, software and services) and disciplined cost control. These margins support durable profitability, allowing reinvestment in R&D, higher cash conversion and resilience across project cycles.
Strong Cash Generation And FCFConsistent operating cash flow well above net income and meaningful free cash flow provide lasting financial flexibility. This cash conversion funds R&D, field support and M&A without relying on debt, improving ability to execute multi-year programs and weather timing swings.
Defense Product Approvals & OEM TractionFormal Navy approval and initial OEM integrations are structural milestones: approval enables fleet procurement and fielding, while NanoGen integrations create OEM routes into program platforms. Both support transition to multi-year, program-based recurring revenue if evaluations scale.
Bears Say
Revenue Volatility And DeclinesLarge swings in top-line driven by project and procurement timing, and heavy hardware sale variability, reduce predictability for revenue and investment planning. This structural volatility complicates scaling fixed costs and undermines multi-quarter revenue visibility for program growth.
Procurement & Contract Timing RiskDependence on defense procurement timetables and absent contract vehicles creates persistent timing risk. Delayed awards and lack of IDIQ/BPA for some products make revenue lumpy, weaken multi-year backlog visibility and can defer expected program-based recurring revenue.
Geopolitical And Regional Demand ConcentrationConcentration in regions affected by geopolitical instability creates structural demand risk for commercial offshore projects. Project postponements in key markets reduce hardware deployments and revenue opportunities until regional activity recovers or the company diversifies end-market exposure.

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 $108.30M.
      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 80 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
                    ▲(5.50% Upside)
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                    Ownership Overview

                    28.09%4.97%7.71%55.97%
                    28.09% Insiders
                    7.71% Other Institutional Investors
                    55.97% Public Companies and
                    Individual Investors

                    Options Prices

                    Currently, No data available
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