Go Pro

Coda Octopus Group (CODA) Competitors

Coda Octopus Group logo
$10.84 +0.06 (+0.56%)
Closing price 09/18/2026 04:00 PM Eastern
Extended Trading
$11.05 +0.21 (+1.93%)
As of 09/18/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

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

Should you buy Coda Octopus Group stock or one of its competitors? Coda Octopus Group's main competitors and comparable companies include EHang (EH), Merlin, Inc. Common Stock (MRLN), Innovative Solutions and Support (ISSC), Palladyne AI (PDYN), and AerSale (ASLE). 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?

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

In the previous week, Coda Octopus Group had 1 more articles in the media than EHang. MarketBeat recorded 7 mentions for Coda Octopus Group and 6 mentions for EHang. Coda Octopus Group's average media sentiment score of 0.57 beat EHang's score of 0.32 indicating that Coda Octopus Group is being referred to more favorably in the news media.

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

EHang has a beta of 1.17, suggesting that its share price is 17% more volatile than the broader market. Comparatively, Coda Octopus Group has a beta of 0.6, suggesting that its share price is 40% less volatile than the broader market.

EHang currently has a consensus target price of $6.70, suggesting a potential upside of 46.77%. Coda Octopus Group has a consensus target price of $14.00, suggesting a potential upside of 29.15%. Given EHang's higher probable upside, equities analysts plainly believe EHang is more favorable than Coda Octopus Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EHang
3 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.63
Coda Octopus Group
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Coda Octopus Group has lower revenue, but higher earnings 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
EHang$72.86M4.71-$39.47M-$0.62N/A
Coda Octopus Group$26.56M4.60$4.13M$0.4424.64

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

Coda Octopus Group has a net margin of 17.64% compared to EHang's net margin of -74.74%. Coda Octopus Group's return on equity of 8.32% beat EHang's return on equity.

Company Net Margins Return on Equity Return on Assets
EHang-74.74% -32.73% -17.02%
Coda Octopus Group 17.64%8.32%7.58%

Summary

Coda Octopus Group beats EHang on 10 of the 16 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 business? We will contrast the two businesses based on the strength of their valuation, risk, earnings, dividends, analyst recommendations, institutional ownership, profitability and media sentiment.

Coda Octopus Group has a net margin of 17.64% compared to Merlin, Inc. Common Stock's net margin of 0.00%. Coda Octopus Group's return on equity of 8.32% beat Merlin, Inc. Common Stock's return on equity.

Company Net Margins Return on Equity Return on Assets
Coda Octopus Group17.64% 8.32% 7.58%
Merlin, Inc. Common Stock N/A N/A N/A

In the previous week, Coda Octopus Group had 4 more articles in the media than Merlin, Inc. Common Stock. MarketBeat recorded 7 mentions for Coda Octopus Group and 3 mentions for Merlin, Inc. Common Stock. Coda Octopus Group's average media sentiment score of 0.57 beat Merlin, Inc. Common Stock's score of 0.33 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
1 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Merlin, Inc. Common Stock
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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$26.56M4.60$4.13M$0.4424.64
Merlin, Inc. Common StockN/AN/A$6.01M-$1.48N/A

Coda Octopus Group currently has a consensus target price of $14.00, suggesting a potential upside of 29.15%. Merlin, Inc. Common Stock has a consensus target price of $9.80, suggesting a potential upside of 402.56%. Given Merlin, Inc. Common Stock's higher probable upside, analysts clearly 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)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57

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 1.78, indicating that its share price is 78% more volatile than the broader market.

20.1% of Coda Octopus Group shares are held by institutional investors. 19.5% of Coda Octopus Group shares are held by insiders. Comparatively, 8.4% of Merlin, Inc. Common Stock shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Coda Octopus Group beats Merlin, Inc. Common Stock on 11 of the 15 factors compared between the two stocks.

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

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

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
Innovative Solutions and Support$93.15M3.53$15.63M$1.0517.50
Coda Octopus Group$26.56M4.60$4.13M$0.4424.64

Innovative Solutions and Support presently has a consensus target price of $16.25, indicating a potential downside of 11.59%. Coda Octopus Group has a consensus target price of $14.00, indicating a potential upside of 29.15%. Given Coda Octopus Group's higher possible upside, analysts clearly believe Coda Octopus Group is more favorable than Innovative Solutions and Support.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Innovative Solutions and Support
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
2 Strong Buy rating(s)
3.00
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 has a net margin of 20.50% compared to Coda Octopus Group's net margin of 17.64%. 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
Innovative Solutions and Support20.50% 30.53% 17.28%
Coda Octopus Group 17.64%8.32%7.58%

In the previous week, Coda Octopus Group had 6 more articles in the media than Innovative Solutions and Support. MarketBeat recorded 7 mentions for Coda Octopus Group and 1 mentions for Innovative Solutions and Support. Coda Octopus Group's average media sentiment score of 0.57 beat Innovative Solutions and Support's score of 0.00 indicating that Coda Octopus Group is being referred to more favorably in the news media.

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

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

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

Summary

Innovative Solutions and Support beats Coda Octopus Group on 9 of the 17 factors compared between the two stocks.

How does Coda Octopus Group compare to Palladyne AI?

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

In the previous week, Coda Octopus Group had 3 more articles in the media than Palladyne AI. MarketBeat recorded 7 mentions for Coda Octopus Group and 4 mentions for Palladyne AI. Palladyne AI's average media sentiment score of 0.71 beat Coda Octopus Group's score of 0.57 indicating that Palladyne AI is being referred to more favorably in the media.

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

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

Coda Octopus Group has a net margin of 17.64% compared to Palladyne AI's net margin of -254.75%. Coda Octopus Group's return on equity of 8.32% beat Palladyne AI's return on equity.

Company Net Margins Return on Equity Return on Assets
Palladyne AI-254.75% -53.29% -40.05%
Coda Octopus Group 17.64%8.32%7.58%

Palladyne AI has higher earnings, but lower revenue 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
Palladyne AI$5.25M53.38$10.04M-$0.68N/A
Coda Octopus Group$26.56M4.60$4.13M$0.4424.64

Palladyne AI presently has a consensus price target of $11.00, suggesting a potential upside of 93.66%. Coda Octopus Group has a consensus price target of $14.00, suggesting a potential upside of 29.15%. Given Palladyne AI's higher possible upside, research analysts clearly believe Palladyne AI is more favorable than Coda Octopus Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Palladyne AI
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33
Coda Octopus Group
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Palladyne AI has a beta of 3.67, suggesting that its stock price is 267% more volatile than the broader market. Comparatively, Coda Octopus Group has a beta of 0.6, suggesting that its stock price is 40% less volatile than the broader market.

Summary

Coda Octopus Group beats Palladyne AI on 9 of the 16 factors compared between the two stocks.

How does Coda Octopus Group compare to AerSale?

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

69.5% of AerSale shares are owned by institutional investors. Comparatively, 20.1% of Coda Octopus Group shares are owned by institutional investors. 20.1% of AerSale shares are owned by insiders. Comparatively, 19.5% of Coda Octopus Group shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

AerSale has a beta of 0.23, meaning that its share price is 77% less volatile than the broader market. Comparatively, Coda Octopus Group has a beta of 0.6, meaning that its share price is 40% less volatile than the broader market.

AerSale has higher revenue and earnings than Coda Octopus Group. AerSale 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
AerSale$335.29M0.78$8.57M-$0.08N/A
Coda Octopus Group$26.56M4.60$4.13M$0.4424.64

In the previous week, Coda Octopus Group had 4 more articles in the media than AerSale. MarketBeat recorded 7 mentions for Coda Octopus Group and 3 mentions for AerSale. Coda Octopus Group's average media sentiment score of 0.57 beat AerSale's score of 0.26 indicating that Coda Octopus Group is being referred to more favorably in the news media.

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

Coda Octopus Group has a net margin of 17.64% compared to AerSale's net margin of -1.23%. Coda Octopus Group's return on equity of 8.32% beat AerSale's return on equity.

Company Net Margins Return on Equity Return on Assets
AerSale-1.23% -0.27% -0.17%
Coda Octopus Group 17.64%8.32%7.58%

AerSale currently has a consensus target price of $6.83, indicating a potential upside of 24.81%. Coda Octopus Group has a consensus target price of $14.00, indicating a potential upside of 29.15%. Given Coda Octopus Group's stronger consensus rating and higher probable upside, analysts clearly believe Coda Octopus Group is more favorable than AerSale.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AerSale
2 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.60
Coda Octopus Group
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Summary

Coda Octopus Group beats AerSale on 12 of the 16 factors compared between the two stocks.

Get Coda Octopus Group News Delivered to You Automatically

Sign up to receive the latest news and ratings for CODA and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

CODA vs. The Competition

MetricCoda Octopus GroupAerospace & Defense IndustryIndustrials SectorNASDAQ Exchange
Market Cap$122.31M$20.55B$10.21B$13.19B
Dividend YieldN/A1.68%97.05%12.81%
P/E Ratio24.6437.4025.5225.40
Price / Sales4.60137.16281.5589.45
Price / Cash22.0826.1523.8151.42
Price / Book1.957.414.806.33
Net Income$4.13M$567.30M$614.67M$358.33M
7 Day Performance8.18%-1.36%1.21%1.12%
1 Month Performance7.11%-8.50%-2.57%-2.39%
1 Year Performance30.76%1.71%4.34%5.35%

Coda Octopus Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CODA
Coda Octopus Group
3.5221 of 5 stars
$10.84
+0.6%
$14.00
+29.2%
+30.8%$122.31M$26.56M24.64100
EH
EHang
2.2366 of 5 stars
$4.80
+2.3%
$7.18
+49.6%
-74.6%$352.32M$382.12MN/A330
MRLN
Merlin, Inc. Common Stock
2.6357 of 5 stars
$3.39
+1.2%
$10.50
+209.7%
N/A$338.58M$6.76MN/AN/A
ISSC
Innovative Solutions and Support
1.3449 of 5 stars
$18.52
+0.9%
$16.25
-12.3%
+61.2%$331.38M$93.15M17.6480
PDYN
Palladyne AI
2.6857 of 5 stars
$5.78
+1.2%
$11.00
+90.3%
-28.1%$281.72M$5.25MN/A70

Related Companies and Tools


This page (NASDAQ:CODA) was last updated on 9/20/2026 by MarketBeat.com Staff.
From Our Partners