Coda Octopus price target lowered to $10 from $11 at Alliance Global Partners
Price Target Adjustment: Alliance Global Partners has reduced Coda Octopus's price target from $11 to $10 due to disappointing Q4 results and anticipated weaker demand in early 2025 caused by U.S. budget challenges.
Earnings Estimates Impact: The new earnings estimates for Coda Octopus reflect the impact of the Precision Acoustics acquisition, which is expected to be partially offset by lower forecasted organic growth.
Trade with 70% Backtested Accuracy
Analyst Views on CODA
About CODA
About the author
WISeKey Appoints New CFO to Drive Satellite Business Growth
- Executive Appointment: WISeKey appointed Gwenael Rouy-Poirier as CFO of its satellite subsidiary WISeSat effective February 2, 2026, aiming to enhance financial governance and capital market activities to support the company's growth strategy in satellite communications.
- Listing Plans: WISeSat signed a Business Combination Agreement with Columbus Acquisition Corp in November 2025, planning to list on Nasdaq, which will provide broader capital access and drive business expansion in IoT and defense sectors.
- Extensive Experience: Rouy-Poirier brings over 25 years of international finance and operational leadership experience, having held senior finance roles at global industrial leaders like GKN Aerospace, Honeywell, and Danaher, providing the necessary rigor and credibility for WISeSat in complex, technology-driven industries.
- Market Outlook: As demand for high-performance satellite connectivity accelerates, Rouy-Poirier's addition will support WISeSat's engagement in capital markets, ensuring the company meets U.S. public market investors' expectations while creating long-term value for stakeholders.
Coda Octopus Reports FY 2023 Earnings
- Earnings Highlights: Coda Octopus reported a GAAP EPS of $0.37 for FY 2023, indicating a significant improvement in profitability that enhances its competitive position in the market.
- Revenue Growth: The company achieved revenues of $26.6 million, reflecting a 31% year-over-year increase, which signals a rapidly rising market demand for Coda Octopus's emerging sonar technology.
- Technological Outlook: Coda Octopus's strategic focus on underwater augmented reality and sonar technology suggests that the company is poised to capture a larger market share in these high-growth sectors, further driving revenue growth.
- Investor Confidence: Seeking Alpha's Quant Rating on Coda Octopus indicates a positive market outlook for its future performance, potentially attracting more investor interest and enhancing stock price performance.
Coda Octopus to Announce FY Earnings on January 29
- Earnings Announcement: Coda Octopus is set to release its FY earnings on January 29 before market open, with expectations that its performance will positively impact stock prices.
- Earnings Expectations: The consensus EPS estimate stands at $0.34, reflecting a 6.3% year-over-year increase, indicating a steady improvement in the company's profitability that may attract more investor interest.
- Revenue Projections: Revenue is estimated at $25.82 million, representing a 27.1% year-over-year growth, showcasing Coda Octopus's strong growth potential in underwater AR and sonar technology, further solidifying its market position.
- Historical Performance: Over the past year, Coda Octopus has beaten EPS estimates 100% of the time and revenue estimates 50% of the time, demonstrating its consistent performance stability and market confidence.
Coda Octopus Reports Modest Increase in Q3 Net Income
Quarterly Financial Performance: Coda Octopus reported a net income of $1.28 million for Q3, a slight increase from $1.27 million a year ago, with earnings per share remaining flat at $0.11.
Revenue Growth: The company experienced a 29% increase in total revenue, reaching approximately $7.1 million, with core business revenues rising by 30.7% to $4.0 million compared to the previous year.
Pre-Tax Income Decline: Pre-tax income decreased by 5.4% to about $1.5 million, down from $1.6 million in the same period last year.
Market Reaction: Shares of Coda Octopus rose by 5% in pre-market trading following the earnings report.
Coda Octopus (CODA) Q2 2025 Earnings Transcript
Author's Perspective: The views expressed in the article are solely those of the author and do not represent Nasdaq, Inc.
Data Limitation: The information is based on data available up to October 2023.
Coda Octopus Group Reports Fiscal Second Quarter 2025 Financial Results
Financial Performance: Coda Octopus Group reported a 31.8% increase in revenue for the fiscal second quarter of 2025, totaling approximately $7 million, despite challenges in the global policy environment and a decrease in rental revenue due to changes in U.S. energy policy.
Growth Strategy and Product Development: The company is focused on expanding its Diver Augmented Vision Display (DAVD) technology and has received significant orders, indicating a growing user base within the Navy, while also integrating new sensors to enhance their product offerings in the defense and commercial diving markets.
WISeKey Appoints New CFO to Drive Satellite Business Growth
- Executive Appointment: WISeKey appointed Gwenael Rouy-Poirier as CFO of its satellite subsidiary WISeSat effective February 2, 2026, aiming to enhance financial governance and capital market activities to support the company's growth strategy in satellite communications.
- Listing Plans: WISeSat signed a Business Combination Agreement with Columbus Acquisition Corp in November 2025, planning to list on Nasdaq, which will provide broader capital access and drive business expansion in IoT and defense sectors.
- Extensive Experience: Rouy-Poirier brings over 25 years of international finance and operational leadership experience, having held senior finance roles at global industrial leaders like GKN Aerospace, Honeywell, and Danaher, providing the necessary rigor and credibility for WISeSat in complex, technology-driven industries.
- Market Outlook: As demand for high-performance satellite connectivity accelerates, Rouy-Poirier's addition will support WISeSat's engagement in capital markets, ensuring the company meets U.S. public market investors' expectations while creating long-term value for stakeholders.
Coda Octopus Reports FY 2023 Earnings
- Earnings Highlights: Coda Octopus reported a GAAP EPS of $0.37 for FY 2023, indicating a significant improvement in profitability that enhances its competitive position in the market.
- Revenue Growth: The company achieved revenues of $26.6 million, reflecting a 31% year-over-year increase, which signals a rapidly rising market demand for Coda Octopus's emerging sonar technology.
- Technological Outlook: Coda Octopus's strategic focus on underwater augmented reality and sonar technology suggests that the company is poised to capture a larger market share in these high-growth sectors, further driving revenue growth.
- Investor Confidence: Seeking Alpha's Quant Rating on Coda Octopus indicates a positive market outlook for its future performance, potentially attracting more investor interest and enhancing stock price performance.
Coda Octopus to Announce FY Earnings on January 29
- Earnings Announcement: Coda Octopus is set to release its FY earnings on January 29 before market open, with expectations that its performance will positively impact stock prices.
- Earnings Expectations: The consensus EPS estimate stands at $0.34, reflecting a 6.3% year-over-year increase, indicating a steady improvement in the company's profitability that may attract more investor interest.
- Revenue Projections: Revenue is estimated at $25.82 million, representing a 27.1% year-over-year growth, showcasing Coda Octopus's strong growth potential in underwater AR and sonar technology, further solidifying its market position.
- Historical Performance: Over the past year, Coda Octopus has beaten EPS estimates 100% of the time and revenue estimates 50% of the time, demonstrating its consistent performance stability and market confidence.
Coda Octopus Reports Modest Increase in Q3 Net Income
Quarterly Financial Performance: Coda Octopus reported a net income of $1.28 million for Q3, a slight increase from $1.27 million a year ago, with earnings per share remaining flat at $0.11.
Revenue Growth: The company experienced a 29% increase in total revenue, reaching approximately $7.1 million, with core business revenues rising by 30.7% to $4.0 million compared to the previous year.
Pre-Tax Income Decline: Pre-tax income decreased by 5.4% to about $1.5 million, down from $1.6 million in the same period last year.
Market Reaction: Shares of Coda Octopus rose by 5% in pre-market trading following the earnings report.
Coda Octopus (CODA) Q2 2025 Earnings Transcript
Author's Perspective: The views expressed in the article are solely those of the author and do not represent Nasdaq, Inc.
Data Limitation: The information is based on data available up to October 2023.
Coda Octopus Group Reports Fiscal Second Quarter 2025 Financial Results
Financial Performance: Coda Octopus Group reported a 31.8% increase in revenue for the fiscal second quarter of 2025, totaling approximately $7 million, despite challenges in the global policy environment and a decrease in rental revenue due to changes in U.S. energy policy.
Growth Strategy and Product Development: The company is focused on expanding its Diver Augmented Vision Display (DAVD) technology and has received significant orders, indicating a growing user base within the Navy, while also integrating new sensors to enhance their product offerings in the defense and commercial diving markets.
