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

Company Overview

Coda Octopus Group, Inc. is a technology company that develops and sells real-time 3D sonar systems and related solutions for underwater applications. Its flagship Echoscope® real-time 3D sonar system enables clients to visualize subsea structures and seabed conditions in unprecedented detail. The company’s product portfolio also includes BathyCORR® geophysical survey processing software, a range of ROV and USV inspection tools, and advanced subsea positioning and motion reference units. These technologies support tasks such as inspection, maintenance, salvage, survey, and security in challenging marine environments.

The company serves a broad set of industries, including offshore oil and gas, marine mining, defense, civil engineering, telecommunications, and scientific research. Coda Octopus Group has established a global footprint with corporate headquarters in Houston, Texas, research and development facilities in the United Kingdom, and sales and support offices in key maritime regions. Its solutions are deployed across the Americas, Europe, Asia-Pacific, and the Middle East, addressing challenges from deepwater pipeline inspection to port security and archaeological surveying.

Coda Octopus Group traces its origins to 1980, when its initial UK-based subsidiary, Coda Octopus Products Limited, was founded to advance underwater acoustics and imaging. Over the decades, the company has introduced innovations such as ultra-high-frequency 3D sonar, Real-Time 4D visualization, and synthetic aperture sonar (SAS) technology. These developments have positioned Coda Octopus as a leader in subsea visualization and data processing, delivering turnkey systems and custom solutions to clients worldwide.

Led by CEO Brian Waldron, Coda Octopus Group continues to invest in research and development to broaden its offering of autonomous and remotely operated subsea systems. Ongoing projects focus on enhancing portability, resolution, and data interpretation, while exploring new applications in unmanned survey vessels and underwater robotics. By combining hardware innovation with software analytics, the company aims to meet the evolving needs of the global marine industry.

Key Stats

• Today's Range: $7.80 to $8.80
• 50-Day Range: $7.05 to $8.52
• 52-Week Range: $5.76 to $9.89
• Volume: 396,426 shs
• Average Volume: 40,656 shs
• Market Capitalization: $98.55 million
• P/E Ratio: 29.20
• Dividend Yield: N/A
• Price Target: $11.00
• Consensus Rating: Buy

Coda Octopus Group Stock Analysis - MarketRank™

Coda Octopus Group scored higher than 58% of companies evaluated by MarketBeat, and ranked 378th out of 669 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: 3.7 / 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.

Upside Potential

Coda Octopus Group has a consensus price target of $11.00, representing about 26.7% upside from its current price of $8.68.

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 28.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of Coda Octopus Group is 28.76, 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 437.69.

Price to Book Value per Share Ratio

Coda Octopus Group has a P/B Ratio of 1.83. 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

1.60% 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 1.7, 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 10.11%, 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

1.60% 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 1.7, 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 10.11%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.63

News Sentiment

Coda Octopus Group has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.89 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Coda Octopus Group this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for CODA on MarketBeat in the last 30 days. This is a decrease of -67% 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

21.80% 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 at the start of the year. Since then, CODA shares have increased by 10.9% and is now trading at $8.68.

How were Coda Octopus Group's earnings last quarter?

Coda Octopus Group Inc. (NASDAQ:CODA) released its earnings results on Monday, June, 16th. The company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.05. The firm had revenue of $7.02 million for the quarter, compared to analysts' expectations 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.

Who are Coda Octopus Group's major shareholders?

Coda Octopus Group's top institutional shareholders include Osaic Holdings Inc. (0.71%), Jane Street Group LLC (0.23%), Corsair Capital Management L.P. (0.14%) and Marshall Wace LLP (0.11%). Insiders that own company stock include G Tyler Runnels, John Steven Emerson, Annmarie Gayle, Niels Sondergaard and Blair Graeme Cunningham.
View institutional ownership trends.

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: 9/12/2025
• 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: +41.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.30
• Trailing P/E Ratio: 25.93
• 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: 20.00
• Book Value: $4.75 per share
• Price / Book: 1.64

Miscellaneous

• Outstanding Shares: 11,250,000
• Free Float: 8,797,000
• Market Cap: $87.53 million
• Optionable: Not Optionable
• Beta: 0.60