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

Company Overview

Coda Octopus Group, Inc. (NASDAQ: CODA) develops and supplies marine technology and engineering solutions for underwater operations. Its business serves defense and security organizations, offshore energy companies, subsea construction contractors, marine surveyors and other customers that require real-time underwater data and positioning capabilities.

The company’s products include the Echoscope family of real-time three-dimensional sonar systems, which are designed to provide high-resolution imaging and visualization of underwater environments. Coda Octopus also offers motion measurement and subsea survey technologies, including systems used for underwater positioning, navigation, inspection, mapping and construction support.

Founded in 1994, Coda Octopus serves customers internationally through its marine technology and engineering operations. Its solutions are used in applications such as harbor and infrastructure inspection, unexploded ordnance detection, offshore development, search and recovery, and defense-related underwater surveillance.

Key Stats

• Today's Range: $9.34 to $9.79
• 50-Day Range: $9.12 to $11.17
• 52-Week Range: $7.80 to $17.28
• Volume: 147,636 shs
• Average Volume: 168,412 shs
• Market Capitalization: $106.85 million
• P/E Ratio: 21.52
• Dividend Yield: N/A
• Price Target: $14.00
• Consensus Rating: Moderate Buy

Coda Octopus Group Stock Analysis - MarketRank™

Coda Octopus Group scored higher than 63% of companies evaluated by MarketBeat, and ranked 388th out of 658 stocks in the industrials 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: Moderate Buy

Consensus Rating

Coda Octopus Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no strong buy ratings, 2 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Coda Octopus Group has a consensus price target of $14.00, representing about 46.7% upside from its current price of $9.55.

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 21.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.05.

Price to Earnings Ratio vs. Sector

The P/E ratio of Coda Octopus Group is 21.73, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 33.99.

Price to Book Value per Share Ratio

Coda Octopus Group has a P/B Ratio of 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.22% 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 2.96, 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 decreased by 10.26%, indicating that investor sentiment is improving 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.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Coda Octopus Group this week, compared to 2 articles on an average week.

Search Interest

9 people have searched for CODA on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.9 / 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

19.50% 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

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

Company Calendar

• Last Earnings: 9/14/2026
• Today: 10/27/2026
• Fiscal Year End: 10/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Aerospace & Defense
• Sub-Industry: Aerospace & Defense
• Current Symbol: NASDAQ:CODA
• Previous Symbol: OTCMKTS:CDOC
• CIK: 1334325
• Web: www.codaoctopusgroup.com
• Phone: (801) 973-9136
• Fax: 801-973-9285
• Employees: 100
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Coda Octopus Group: $14.00
• High Price Target: $14.00
• Low Price Target: $14.00
• Potential Upside/Downside: +47.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.44
• Trailing P/E Ratio: 21.52
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $4.13 million
• Net Margins: 17.64%
• Pretax Margin: 24.05%
• Return on Equity: 8.32%
• Return on Assets: 7.58%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 10.06
• Quick Ratio: 7.58

Sales & Book Value

• Annual Sales: $28.60 million
• Price / Sales: 3.74
• Cash Flow: $0.51 per share
• Price / Cash Flow: 18.66
• Book Value: $5.17 per share
• Price / Book: 1.83

Miscellaneous

• Outstanding Shares: 11,283,000
• Free Float: 9,083,000
• Market Cap: $106.85 million
• Optionable: Not Optionable
• Beta: 0.60