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CODA Overview

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$
0.000
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0.000(0.000%)Aft-market
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0.000
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0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
9.790
Open
9.460
VWAP
9.46
Vol
132.08K
Mkt Cap
106.04M
Low
9.190
Amount
1.25M
EV/EBITDA(TTM)
10.87
Total Shares
11.28M
EV
76.09M
EV/OCF(TTM)
10.64
P/S(TTM)
3.82
Coda Octopus Group, Inc. is a supplier to the underwater/subsea market. It operates through two businesses: Marine technology business and Marine engineering business. Its marine technology business provides technology solutions for the subsea and underwater market. Its marine engineering business supplies embedded solutions and sub-assemblies which it designs and manufactures and sells as an integrated defense system. It supplies a range of hardware and software solutions to this market which includes key proprietary real time 4D/5D/6D imaging sonars, marketed under the name Echoscope and Echoscope PIPE, addressing the underwater imaging sensor market, along with Diver Augmented Vision Display (DAVD) system technology. The Company’s Echoscope PIPE sonar generates real-time 3D/4D/5D images of moving objects underwater including in zero visibility water conditions. Its Echoscope technology is used in both the commercial offshore market and the defense underwater market applications.
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Events Timeline

(ET)
2026-06-15
16:30:00
Major U.S. Indices Surge on U.S.-Iran Peace Agreement
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2026-06-15
13:00:00
Major Averages Surge on U.S.-Iran Peace Agreement
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2026-06-15
09:00:00
U.S. Stock Futures Surge as Investors Eye U.S.-Iran Peace Agreement
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2026-06-15
07:30:00
Coda Reports Q2 Revenue of $6.9M, Down Year-over-Year
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2026-03-19 (ET)
2026-03-19
16:20:00
Coda Octopus Files $100M Mixed Securities Shelf
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2026-03-17 (ET)
2026-03-17
07:10:00
Company Q1 Revenue Increases 28.8% to $6.7M
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2026-01-29 (ET)
2026-01-29
07:20:00
CODA Reports Q Revenue Growth to $7.27M
select

News

Yahoo Finance
9.5
06-15Yahoo Finance
CODA Reports Slight Revenue Decline Amid Geopolitical Challenges
  • Revenue Performance: CODA reported total revenue of $6.9 million, a slight decline of 1.6% year-over-year, primarily impacted by geopolitical instability in the Middle East and Asia, which weakened customer demand and affected overall performance.
  • Business Growth: The Defense Engineering Services segment generated $2.5 million in revenue, marking a 37.9% increase, driven by long-standing relationships with prime defense contractors, indicating strong demand and market potential in this sector.
  • Gross Margin Improvement: The company's gross margin increased from 64.1% to 66.3%, reflecting improved rental revenue and reduced commission costs, thereby enhancing profitability and competitive positioning in the market.
  • Financial Stability: CODA maintains a robust balance sheet with $30.6 million in cash and no debt, providing financial flexibility and stability for future growth initiatives, which is crucial in navigating current market challenges.
NASDAQ.COM
2.0
06-15NASDAQ.COM
Coda Octopus (CODA) Q2 2026 Earnings Transcript
NASDAQ.COM
9.5
06-15NASDAQ.COM
Coda Octopus Reports Increased Q2 Earnings Despite Revenue Decline
  • Earnings Growth: Coda Octopus reported a net income of $1.69 million for Q2, translating to an EPS of $0.15, which marks a significant increase from last year's $0.90 million and $0.08 per share, indicating improvements in cost control and operational efficiency.
  • Slight Revenue Decline: Despite the increase in earnings, Coda's revenue fell by 1.6% year-over-year, from $7.01 million to $6.90 million, suggesting potential challenges in market demand that may require a reevaluation of future sales strategies.
  • Financial Performance Comparison: The company's EPS increased by 87.5% compared to last year, reflecting an enhancement in profitability, even as overall revenue declined, indicating effective profit management amidst revenue challenges.
  • Market Outlook: Coda Octopus must demonstrate how it plans to address the revenue decline in upcoming reports to maintain investor confidence and drive stock price growth, particularly in a highly competitive market environment.
Newsfilter
9.5
06-15Newsfilter
Coda Octopus Reports Q2 Earnings with Net Income Growth
  • Financial Performance Boost: Coda Octopus reported a net income of $1.7 million for Q2 2026, an impressive 86.8% increase from $0.9 million in Q2 2025, demonstrating significant profitability improvement amid challenging conditions.
  • Core Business Challenges: While revenue from the Marine Technology Business fell by 26.8% to $2.8 million due to geopolitical tensions in the Middle East, other units like Defense Engineering Services saw a 37.9% revenue increase to $2.5 million, highlighting the company's successful diversification strategy.
  • R&D and Operational Efficiency: R&D expenditures decreased by 6% to $0.6 million, and selling, general, and administrative expenses dropped by 21.4% to $2.1 million, reflecting effective cost control and operational efficiency measures by CODA.
  • Optimistic Market Outlook: With the DAVD system receiving formal approval from the U.S. Navy, CODA anticipates accelerated procurement activities in the second half of fiscal 2026, further expanding its market presence, particularly in the European naval sector.
seekingalpha
9.5
06-15seekingalpha
Coda Octopus Q2 Earnings Beat Expectations Despite Revenue Decline
  • Earnings Beat: Coda Octopus reported a Q2 GAAP EPS of $0.15, exceeding expectations by $0.02, indicating stable profitability despite overall revenue decline.
  • Core Business Revenue Decline: Revenue from the Marine Technology Business fell to $2.8 million, a 26.8% year-over-year decrease, reflecting weak market demand that could impact future business growth and investor confidence.
  • Defense Engineering Growth: The Defense Engineering Services Business generated $2.5 million in revenue, a 37.9% increase, suggesting strong demand in this sector that may provide new growth momentum for the company.
  • Acoustic Sensors Growth: Revenue from the Acoustics Sensors and Material Business rose to $1.5 million, a 17.5% increase, demonstrating positive progress in technological innovation and market expansion efforts.
seekingalpha
9.5
06-12seekingalpha
Coda Octopus Set to Announce Q2 Earnings on June 15
  • Earnings Announcement Date: Coda Octopus is set to release its Q2 earnings on June 15 before market open, with a consensus EPS estimate of $0.13, reflecting a significant year-over-year increase of 62.5%, indicating strong profitability potential.
  • Revenue Growth Expectations: The anticipated revenue for Q2 is $7.52 million, representing a 7.1% year-over-year growth, which highlights the company's stable growth trajectory in the market, although the growth rate appears to be slowing.
  • Historical Performance: Over the past year, Coda Octopus has beaten EPS estimates 100% of the time and revenue estimates 75% of the time, showcasing the company's consistency and reliability in financial performance.
  • Market Focus: Despite facing risks, the market remains optimistic about the company's future growth potential in military applications, and investors should closely monitor the upcoming earnings report and its potential impact on stock prices.

Valuation Metrics

The current forward P/E ratio for Coda Octopus Group Inc (CODA.O) is 19.01, compared to its 5-year average forward P/E of 18.16. For a more detailed relative valuation and DCF analysis to assess Coda Octopus Group Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
18.16
Current PE
19.01
Overvalued PE
22.22
Undervalued PE
14.10

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
8.37
Current EV/EBITDA
10.37
Overvalued EV/EBITDA
12.19
Undervalued EV/EBITDA
4.54

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.33
Current PS
3.17
Overvalued PS
3.95
Undervalued PS
2.70

Financials

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Frequently Asked Questions

What is Coda Octopus Group Inc (CODA) stock price today?

The current price of CODA is 9.4 USD — it has decreased -0.63

What is Coda Octopus Group Inc (CODA)'s business?

Coda Octopus Group, Inc. is a supplier to the underwater/subsea market. It operates through two businesses: Marine technology business and Marine engineering business. Its marine technology business provides technology solutions for the subsea and underwater market. Its marine engineering business supplies embedded solutions and sub-assemblies which it designs and manufactures and sells as an integrated defense system. It supplies a range of hardware and software solutions to this market which includes key proprietary real time 4D/5D/6D imaging sonars, marketed under the name Echoscope and Echoscope PIPE, addressing the underwater imaging sensor market, along with Diver Augmented Vision Display (DAVD) system technology. The Company’s Echoscope PIPE sonar generates real-time 3D/4D/5D images of moving objects underwater including in zero visibility water conditions. Its Echoscope technology is used in both the commercial offshore market and the defense underwater market applications.

What is the price predicton of CODA Stock?

Wall Street analysts forecast CODA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CODA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Coda Octopus Group Inc (CODA)'s revenue for the last quarter?

Coda Octopus Group Inc revenue for the last quarter amounts to 6.90M USD, decreased -1.62

What is Coda Octopus Group Inc (CODA)'s earnings per share (EPS) for the last quarter?

Coda Octopus Group Inc. EPS for the last quarter amounts to 0.15 USD, increased 87.50

How many employees does Coda Octopus Group Inc (CODA). have?

Coda Octopus Group Inc (CODA) has 100 emplpoyees as of June 25 2026.

What is Coda Octopus Group Inc (CODA) market cap?

Today CODA has the market capitalization of 106.04M USD.