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Coda Octopus Group (CODA) Competitors

Coda Octopus Group logo
$7.58 -0.06 (-0.79%)
As of 03:34 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

CODA vs. CAN, SATL, NNDM, MVIS, VREX, LAES, VLN, AUDC, ALMU, and TBCH

Should you be buying Coda Octopus Group stock or one of its competitors? The main competitors of Coda Octopus Group include Canaan (CAN), Satellogic (SATL), Nano Dimension (NNDM), Microvision (MVIS), Varex Imaging (VREX), SEALSQ (LAES), Valens Semiconductor (VLN), AudioCodes (AUDC), Aeluma (ALMU), and Turtle Beach (TBCH). These companies are all part of the "electronic equipment" industry.

Coda Octopus Group vs. Its Competitors

Coda Octopus Group (NASDAQ:CODA) and Canaan (NASDAQ:CAN) are both small-cap electronic equipment companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, analyst recommendations, valuation, earnings, risk, institutional ownership, profitability and media sentiment.

20.1% of Coda Octopus Group shares are owned by institutional investors. Comparatively, 70.1% of Canaan shares are owned by institutional investors. 29.7% of Coda Octopus Group shares are owned by company insiders. Comparatively, 0.3% of Canaan shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Canaan had 4 more articles in the media than Coda Octopus Group. MarketBeat recorded 5 mentions for Canaan and 1 mentions for Coda Octopus Group. Coda Octopus Group's average media sentiment score of 1.89 beat Canaan's score of 0.60 indicating that Coda Octopus Group is being referred to more favorably in the media.

Company Overall Sentiment
Coda Octopus Group Very Positive
Canaan Positive

Coda Octopus Group has a beta of 0.69, suggesting that its stock price is 31% less volatile than the S&P 500. Comparatively, Canaan has a beta of 3.29, suggesting that its stock price is 229% more volatile than the S&P 500.

Coda Octopus Group has higher earnings, but lower revenue than Canaan. Canaan is trading at a lower price-to-earnings ratio than Coda Octopus Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Coda Octopus Group$22.76M3.74$3.65M$0.3025.27
Canaan$269.32M1.10-$249.75M-$1.02-0.78

Coda Octopus Group presently has a consensus price target of $11.00, indicating a potential upside of 45.12%. Canaan has a consensus price target of $2.67, indicating a potential upside of 236.28%. Given Canaan's higher possible upside, analysts plainly believe Canaan is more favorable than Coda Octopus Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Coda Octopus Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Canaan
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63

Coda Octopus Group has a net margin of 15.04% compared to Canaan's net margin of -93.62%. Coda Octopus Group's return on equity of 6.37% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Coda Octopus Group15.04% 6.37% 5.93%
Canaan -93.62%-98.53%-57.74%

Summary

Coda Octopus Group beats Canaan on 10 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CODA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CODA vs. The Competition

MetricCoda Octopus GroupELEC COMP IndustryComputer SectorNASDAQ Exchange
Market Cap$85.15M$39.75B$28.84B$9.52B
Dividend YieldN/A2.13%3.01%3.99%
P/E Ratio25.2747.3934.1920.02
Price / Sales3.74271.101,718.96104.32
Price / Cash20.1897.0538.6558.97
Price / Book1.605.287.795.90
Net Income$3.65M$528.96M$781.95M$258.50M
7 Day Performance-5.01%-1.48%0.94%2.12%
1 Month Performance-5.49%5.15%7.46%12.62%
1 Year Performance15.73%35.28%53,001.16%19.25%

Coda Octopus Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CODA
Coda Octopus Group
3.2799 of 5 stars
$7.58
-0.8%
$11.00
+45.1%
+12.7%$85.15M$22.76M25.2780Positive News
High Trading Volume
CAN
Canaan
3.0032 of 5 stars
$0.97
+34.7%
$2.67
+174.8%
-17.0%$361.90M$269.32M-0.95350Gap Down
High Trading Volume
SATL
Satellogic
N/A$3.36
+2.4%
N/A+218.9%$349.81M$12.93M0.00330
NNDM
Nano Dimension
0.5495 of 5 stars
$1.59
+0.6%
N/A-34.2%$345.48M$57.78M-3.97340
MVIS
Microvision
1.317 of 5 stars
$1.35
+16.4%
$2.50
+85.2%
+40.2%$336.50M$4.33M-3.07350News Coverage
Positive News
High Trading Volume
VREX
Varex Imaging
4.1128 of 5 stars
$7.93
-2.9%
$22.50
+183.7%
-47.4%$326.72M$811M-7.702,300
LAES
SEALSQ
0.4193 of 5 stars
$3.38
-6.9%
$1.75
-48.2%
+384.2%$318.35M$10.98M0.0061
VLN
Valens Semiconductor
2.5181 of 5 stars
$2.73
-1.3%
$4.00
+46.8%
+32.3%$289.78M$63.13M-8.26310Gap Up
AUDC
AudioCodes
3.3446 of 5 stars
$9.13
-1.7%
$11.25
+23.2%
-5.1%$270.98M$242.47M16.30880Upcoming Earnings
ALMU
Aeluma
N/A$16.97
+8.6%
$26.00
+53.2%
N/A$268.13M$1.61M-62.8511Analyst Forecast
High Trading Volume
TBCH
Turtle Beach
2.0217 of 5 stars
$13.22
-4.3%
$12.50
-5.4%
N/A$266.38M$372.77M18.11300News Coverage
Positive News

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This page (NASDAQ:CODA) was last updated on 7/25/2025 by MarketBeat.com Staff
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