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Coda Octopus Group (CODA) Competitors

Coda Octopus Group logo
$10.00 -0.43 (-4.12%)
As of 08/28/2026 04:00 PM Eastern

CODA vs. EH, ISSC, MRLN, SPCE, and PDYN

Should you buy Coda Octopus Group stock or one of its competitors? Coda Octopus Group's main competitors and comparable companies include EHang (EH), Innovative Solutions and Support (ISSC), Merlin, Inc. Common Stock (MRLN), Virgin Galactic (SPCE), and Palladyne AI (PDYN). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "aerospace & defense" industry.

How does Coda Octopus Group compare to EHang?

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

Coda Octopus Group has a net margin of 17.66% compared to EHang's net margin of -74.74%. Coda Octopus Group's return on equity of 8.33% beat EHang's return on equity.

Company Net Margins Return on Equity Return on Assets
Coda Octopus Group17.66% 8.33% 7.61%
EHang -74.74%-32.73%-17.02%

20.1% of Coda Octopus Group shares are owned by institutional investors. Comparatively, 94.0% of EHang shares are owned by institutional investors. 19.5% of Coda Octopus Group shares are owned by insiders. Comparatively, 39.6% of EHang shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Coda Octopus Group has a beta of 0.6, indicating that its stock price is 40% less volatile than the broader market. Comparatively, EHang has a beta of 1.19, indicating that its stock price is 19% more volatile than the broader market.

Coda Octopus Group presently has a consensus price target of $14.00, suggesting a potential upside of 40.00%. EHang has a consensus price target of $7.18, suggesting a potential upside of 59.20%. Given EHang's higher probable upside, analysts clearly believe EHang 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)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
EHang
4 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.63

Coda Octopus Group has higher earnings, but lower revenue than EHang. EHang 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$27.95M4.04$4.13M$0.4323.26
EHang$382.12M0.89-$39.47M-$0.62N/A

In the previous week, EHang had 12 more articles in the media than Coda Octopus Group. MarketBeat recorded 14 mentions for EHang and 2 mentions for Coda Octopus Group. Coda Octopus Group's average media sentiment score of 0.94 beat EHang's score of 0.23 indicating that Coda Octopus Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Coda Octopus Group
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
EHang
1 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

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

How does Coda Octopus Group compare to Innovative Solutions and Support?

Coda Octopus Group (NASDAQ:CODA) and Innovative Solutions and Support (NASDAQ:ISSC) are both small-cap industrials companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, earnings, dividends, institutional ownership, profitability, analyst recommendations, risk and media sentiment.

Coda Octopus Group has a beta of 0.6, indicating that its stock price is 40% less volatile than the broader market. Comparatively, Innovative Solutions and Support has a beta of 0.59, indicating that its stock price is 41% less volatile than the broader market.

Coda Octopus Group currently has a consensus price target of $14.00, indicating a potential upside of 40.00%. Innovative Solutions and Support has a consensus price target of $16.25, indicating a potential downside of 21.31%. Given Coda Octopus Group's higher probable upside, research analysts plainly believe Coda Octopus Group is more favorable than Innovative Solutions and Support.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Coda Octopus Group
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Innovative Solutions and Support
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
2 Strong Buy rating(s)
3.00

In the previous week, Innovative Solutions and Support had 4 more articles in the media than Coda Octopus Group. MarketBeat recorded 6 mentions for Innovative Solutions and Support and 2 mentions for Coda Octopus Group. Innovative Solutions and Support's average media sentiment score of 1.78 beat Coda Octopus Group's score of 0.94 indicating that Innovative Solutions and Support is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Coda Octopus Group
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Innovative Solutions and Support
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Innovative Solutions and Support has higher revenue and earnings than Coda Octopus Group. Innovative Solutions and Support 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$27.95M4.04$4.13M$0.4323.26
Innovative Solutions and Support$93.15M3.97$15.63M$1.0519.67

20.1% of Coda Octopus Group shares are owned by institutional investors. Comparatively, 28.5% of Innovative Solutions and Support shares are owned by institutional investors. 19.5% of Coda Octopus Group shares are owned by insiders. Comparatively, 5.9% of Innovative Solutions and Support shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Innovative Solutions and Support has a net margin of 20.50% compared to Coda Octopus Group's net margin of 17.66%. Innovative Solutions and Support's return on equity of 30.53% beat Coda Octopus Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Coda Octopus Group17.66% 8.33% 7.61%
Innovative Solutions and Support 20.50%30.53%17.28%

Summary

Innovative Solutions and Support beats Coda Octopus Group on 11 of the 17 factors compared between the two stocks.

How does Coda Octopus Group compare to Merlin, Inc. Common Stock?

Coda Octopus Group (NASDAQ:CODA) and Merlin, Inc. Common Stock (NASDAQ:MRLN) are both small-cap industrials companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, media sentiment, valuation, institutional ownership, risk, profitability, analyst recommendations and dividends.

In the previous week, Merlin, Inc. Common Stock had 2 more articles in the media than Coda Octopus Group. MarketBeat recorded 4 mentions for Merlin, Inc. Common Stock and 2 mentions for Coda Octopus Group. Merlin, Inc. Common Stock's average media sentiment score of 1.15 beat Coda Octopus Group's score of 0.94 indicating that Merlin, Inc. Common Stock is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Coda Octopus Group
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Merlin, Inc. Common Stock
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Coda Octopus Group has a net margin of 17.66% compared to Merlin, Inc. Common Stock's net margin of 0.00%. Coda Octopus Group's return on equity of 8.33% beat Merlin, Inc. Common Stock's return on equity.

Company Net Margins Return on Equity Return on Assets
Coda Octopus Group17.66% 8.33% 7.61%
Merlin, Inc. Common Stock N/A N/A N/A

Coda Octopus Group presently has a consensus target price of $14.00, indicating a potential upside of 40.00%. Merlin, Inc. Common Stock has a consensus target price of $10.50, indicating a potential upside of 220.12%. Given Merlin, Inc. Common Stock's higher possible upside, analysts plainly believe Merlin, Inc. Common Stock 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)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Merlin, Inc. Common Stock
1 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.50

Merlin, Inc. Common Stock has lower revenue, but higher earnings than Coda Octopus Group. Merlin, Inc. Common Stock 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$27.95M4.04$4.13M$0.4323.26
Merlin, Inc. Common Stock$6.76M49.03$6.01M-$1.48N/A

Coda Octopus Group has a beta of 0.6, indicating that its share price is 40% less volatile than the broader market. Comparatively, Merlin, Inc. Common Stock has a beta of 1.87, indicating that its share price is 87% more volatile than the broader market.

20.1% of Coda Octopus Group shares are owned by institutional investors. 19.5% of Coda Octopus Group shares are owned by company insiders. Comparatively, 8.4% of Merlin, Inc. Common Stock shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Coda Octopus Group beats Merlin, Inc. Common Stock on 9 of the 16 factors compared between the two stocks.

How does Coda Octopus Group compare to Virgin Galactic?

Coda Octopus Group (NASDAQ:CODA) and Virgin Galactic (NYSE:SPCE) are both small-cap industrials companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk.

Coda Octopus Group has higher revenue and earnings than Virgin Galactic. Virgin Galactic 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$27.95M4.04$4.13M$0.4323.26
Virgin Galactic$1.04M429.38-$278.91M-$3.38N/A

In the previous week, Coda Octopus Group and Coda Octopus Group both had 2 articles in the media. Coda Octopus Group's average media sentiment score of 0.94 beat Virgin Galactic's score of -0.40 indicating that Coda Octopus Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Coda Octopus Group
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Virgin Galactic
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Coda Octopus Group has a beta of 0.6, meaning that its share price is 40% less volatile than the broader market. Comparatively, Virgin Galactic has a beta of 2.77, meaning that its share price is 177% more volatile than the broader market.

Coda Octopus Group presently has a consensus target price of $14.00, indicating a potential upside of 40.00%. Virgin Galactic has a consensus target price of $3.33, indicating a potential upside of 13.38%. Given Coda Octopus Group's stronger consensus rating and higher probable upside, research analysts clearly believe Coda Octopus Group is more favorable than Virgin Galactic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Coda Octopus Group
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Virgin Galactic
2 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.29

20.1% of Coda Octopus Group shares are held by institutional investors. Comparatively, 46.6% of Virgin Galactic shares are held by institutional investors. 19.5% of Coda Octopus Group shares are held by insiders. Comparatively, 0.9% of Virgin Galactic shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Coda Octopus Group has a net margin of 17.66% compared to Virgin Galactic's net margin of -23,867.44%. Coda Octopus Group's return on equity of 8.33% beat Virgin Galactic's return on equity.

Company Net Margins Return on Equity Return on Assets
Coda Octopus Group17.66% 8.33% 7.61%
Virgin Galactic -23,867.44%-90.59%-31.47%

Summary

Coda Octopus Group beats Virgin Galactic on 11 of the 15 factors compared between the two stocks.

How does Coda Octopus Group compare to Palladyne AI?

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

Coda Octopus Group has a beta of 0.6, meaning that its stock price is 40% less volatile than the broader market. Comparatively, Palladyne AI has a beta of 3.65, meaning that its stock price is 265% more volatile than the broader market.

20.1% of Coda Octopus Group shares are owned by institutional investors. Comparatively, 26.0% of Palladyne AI shares are owned by institutional investors. 19.5% of Coda Octopus Group shares are owned by insiders. Comparatively, 13.4% of Palladyne AI shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Coda Octopus Group has a net margin of 17.66% compared to Palladyne AI's net margin of -254.75%. Coda Octopus Group's return on equity of 8.33% beat Palladyne AI's return on equity.

Company Net Margins Return on Equity Return on Assets
Coda Octopus Group17.66% 8.33% 7.61%
Palladyne AI -254.75%-53.29%-40.05%

Palladyne AI has lower revenue, but higher earnings than Coda Octopus Group. Palladyne AI 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$27.95M4.04$4.13M$0.4323.26
Palladyne AI$5.25M54.13$10.04M-$0.68N/A

In the previous week, Palladyne AI had 4 more articles in the media than Coda Octopus Group. MarketBeat recorded 6 mentions for Palladyne AI and 2 mentions for Coda Octopus Group. Coda Octopus Group's average media sentiment score of 0.94 beat Palladyne AI's score of 0.66 indicating that Coda Octopus Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Coda Octopus Group
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Palladyne AI
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Coda Octopus Group currently has a consensus target price of $14.00, suggesting a potential upside of 40.00%. Palladyne AI has a consensus target price of $11.00, suggesting a potential upside of 90.97%. Given Palladyne AI's higher probable upside, analysts clearly believe Palladyne AI 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)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Palladyne AI
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

Summary

Coda Octopus Group beats Palladyne AI on 9 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 GroupAerospace & Defense IndustryIndustrials SectorNASDAQ Exchange
Market Cap$112.81M$22.01B$10.49B$12.90B
Dividend YieldN/A1.64%97.24%11.28%
P/E Ratio23.2639.9126.3725.45
Price / Sales4.0434.43471.9289.89
Price / Cash20.3728.2224.3853.00
Price / Book1.936.304.646.14
Net Income$4.13M$566.76M$611.08M$348.86M
7 Day Performance-0.99%-3.39%-0.86%-0.80%
1 Month Performance-1.86%2.33%1.92%4.13%
1 Year Performance23.46%11.93%10.97%15.17%

Coda Octopus Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CODA
Coda Octopus Group
3.6829 of 5 stars
$10.00
-4.1%
$14.00
+40.0%
+23.5%$112.81M$26.56M23.2680
EH
EHang
2.5331 of 5 stars
$5.67
-0.7%
$7.18
+26.6%
-71.5%$445.47M$72.86MN/A330
ISSC
Innovative Solutions and Support
1.9691 of 5 stars
$24.78
flat
$16.25
-34.4%
+59.5%$411.53M$84.30M23.6080
MRLN
Merlin, Inc. Common Stock
3.1308 of 5 stars
$3.31
-6.5%
$10.50
+217.2%
N/A$362.45MN/AN/AN/A
SPCE
Virgin Galactic
1.6254 of 5 stars
$3.19
+1.8%
$3.33
+4.7%
-5.6%$334.27M$1.54MN/A800

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This page (NASDAQ:CODA) was last updated on 8/30/2026 by MarketBeat.com Staff.
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