Coda Octopus Group (CODA) Stock Price, News & Analysis

Company Overview

Coda Octopus Group, trading on NASDAQ under the symbol CODA, specializes in the design, development and delivery of advanced sonar and subsea real‐time 3D imaging systems. The company’s core products include multibeam and multibeam‐based sonar systems, such as the Echoscope® series, which generate high‐resolution, live 3D images of underwater environments. Alongside its flagship sonar technologies, Coda Octopus offers a suite of subsea data acquisition and processing software designed to support hydrographic survey, underwater inspection, and offshore construction applications.

Founded in the early 1980s and headquartered in Houston, Texas, Coda Octopus has a long track record of innovation in underwater acoustic technology. The company pioneered real‐time digital signal processing for sonar applications and continues to invest in R&D to expand the capabilities of unmanned underwater vehicles (UUVs), remotely operated vehicles (ROVs), and autonomous survey platforms. Its solutions enable clients in the offshore oil and gas, defense, marine research, and civil engineering sectors to conduct precise seabed mapping, structural inspection, and environmental monitoring.

Through a global network of offices and authorized service centers, Coda Octopus serves customers across North America, Europe, Asia-Pacific, and the Middle East. The company provides a full range of technical support services, including system integration, training, calibration, and maintenance, ensuring optimal performance and reliability in challenging subsea environments. Strategic partnerships with vessel operators, marine survey contractors, and government agencies further extend its market reach and application diversity.

Leadership at Coda Octopus is headed by President and CEO Brendan O’Sullivan, supported by a management team with deep expertise in marine technology and international business development. Under their guidance, the company continues to explore new market opportunities, enhance its product portfolio, and strengthen its position as a trusted provider of cutting‐edge underwater survey and inspection solutions.

Key Stats

• Today's Range: $7.74 to $8.16
• 50-Day Range: $6.24 to $8.52
• 52-Week Range: $5.76 to $9.89
• Volume: 99,651 shs
• Average Volume: 36,497 shs
• Market Capitalization: $87.59 million
• P/E Ratio: 26.00
• Dividend Yield: N/A
• Price Target: $11.00
• Consensus Rating: Buy

Coda Octopus Group Stock Analysis - MarketRank™

Coda Octopus Group scored higher than 48% of companies evaluated by MarketBeat, and ranked 450th out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Coda Octopus Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Coda Octopus Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Coda Octopus Group is 26.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Coda Octopus Group is 26.00, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 33.79.

Price to Book Value per Share Ratio

Coda Octopus Group has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.57% of the float of Coda Octopus Group has been sold short.

Short Interest Ratio / Days to Cover

Coda Octopus Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Coda Octopus Group has recently increased by 11.20%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Coda Octopus Group does not currently pay a dividend.

Dividend Growth

Coda Octopus Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.57% of the float of Coda Octopus Group has been sold short.

Short Interest Ratio / Days to Cover

Coda Octopus Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Coda Octopus Group has recently increased by 11.20%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 2 people have searched for CODA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Coda Octopus Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Coda Octopus Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

29.70% of the stock of Coda Octopus Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 20.12% of the stock of Coda Octopus Group is held by institutions.

CODA Stock Analysis - Frequently Asked Questions

How have CODA shares performed this year?

Coda Octopus Group's stock was trading at $7.83 on January 1st, 2025. Since then, CODA shares have decreased by 0.4% and is now trading at $7.80.

How were Coda Octopus Group's earnings last quarter?

Coda Octopus Group Inc. (NASDAQ:CODA) issued its earnings results on Monday, June, 16th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.05. The business earned $7.02 million during the quarter, compared to the consensus estimate of $6.16 million. Coda Octopus Group had a net margin of 15.04% and a trailing twelve-month return on equity of 6.37%.
Read the conference call transcript.

How do I buy shares of Coda Octopus Group?

Shares of CODA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Coda Octopus Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Coda Octopus Group investors own include NVIDIA (NVDA), Meta Platforms (META), Bristol Myers Squibb (BMY), Twilio (TWLO), Adobe (ADBE), Advanced Micro Devices (AMD) and Carnival (CCL).

Company Calendar

• Last Earnings: 6/16/2025
• Today: 7/21/2025
• Next Earnings (Estimated): 9/15/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC COMP - SEMIC
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:CODA
• Previous Symbol: OTCMKTS:CDOC
• CIK: 1334325
• Web: www.codaoctopusgroup.com
• Phone: (407) 735-2406
• Fax: 801-973-9285
• Employees: 80
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Coda Octopus Group: $11.00
• High Price Target: $11.00
• Low Price Target: $11.00
• Potential Upside/Downside: +40.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.30
• Trailing P/E Ratio: 26.12
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $3.65 million
• Net Margins: 15.04%
• Pretax Margin: 19.28%
• Return on Equity: 6.37%
• Return on Assets: 5.93%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 10.91
• Quick Ratio: 7.72

Sales & Book Value

• Annual Sales: $20.32 million
• Price / Sales: 4.31
• Cash Flow: $0.39 per share
• Price / Cash Flow: 20.23
• Book Value: $4.75 per share
• Price / Book: 1.64

Miscellaneous

• Outstanding Shares: 11,230,000
• Free Float: 7,897,000
• Market Cap: $87.65 million
• Optionable: Not Optionable
• Beta: 0.69