CODA

Coda Octopus Group Inc

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Advanced Chart

7.540

-0.1(-1.309%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

7.830

Open

7.650

VWAP

7.61

Vol

153.92K

Mkt Cap

84.69M

Low

7.500

Amount

1.17M

EV/EBITDA(TTM)

13.69

Total Shares

11.18M

61.35M

EV/OCF(TTM)

10.56

P/S(TTM)

3.79

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q4

FY2026Q1

6.76M

+23.51%

7.07M

+39.76%

6.66M

+27.82%

Estimates Revision

The market is revising No Change the revenue expectations for Coda Octopus Group, Inc. (CODA) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 9.75%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+9.75%

In Past 3 Month

1 Analyst Rating

32.63% Upside

Wall Street analysts forecast CODA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CODA is 10.00 USD with a low forecast of 10.00 USD and a high forecast of 10.00 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.

1 Buy

0 Hold

0 Sell

Moderate Buy

32.63% Upside

Current: 7.540

Low

10.00

Averages

10.00

High

10.00

32.63% Upside

Current: 7.540

Low

10.00

Averages

10.00

High

10.00

Alliance Global Partners

Buy

maintain

$8 -> $10

2025-06-17

Reason

Alliance Global Partners

Price Target

$8 -> $10

2025-06-17

maintain

Buy

Reason

Alliance Global Partners raised the firm's price target on Coda Octopus to $10 from $8 and keeps a Buy rating on the shares. The firm notes the company reported Q2 revenue of $7.0M, which implies 32% year-over-year growth and was above its $4.5M estimate. Excluding the $1.3M contribution from Precision Acoustics, revenue would have been up 7% year-over-year. Alliance Global Partners also points out that Coda continues to make progress on DAVD development/adoption, its largest market opportunity.

Alliance Global Partners

Brian Kinstlinger

Strong Buy

Maintains

$9 → $11

2024-11-11

Reason

Alliance Global Partners

Brian Kinstlinger

Price Target

$9 → $11

2024-11-11

Maintains

Strong Buy

Reason

Alliance Global Partners analyst Brian Kinstlinger raised the firm's price target on Coda Octopus to $11 from $9 and keeps a Buy rating on the shares after the company last week announced it acquired Precision Acoustics, a provider of technology that tests to ensure products are not damaged and mainly services the medical industry, for $5.2M upfront and possibly another $1.3M in earn out payments. Although the firm awaits further discussion on the next conference call before adjusting its model, it believes Precision could add $4M-$7M in incremental revenue and 4c-7c of EPS, annually.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Coda Octopus Group Inc (CODA.O) is 18.09, compared to its 5-year average forward P/E of 16.66. 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.

Fair

5Y Average PE

16.66

Current PE

18.09

Overvalued PE

20.73

Undervalued PE

12.58

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.

N/A

5Y Average EV/EBITDA

7.69

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

10.90

Undervalued EV/EBITDA

4.48

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.

Fair

5Y Average PS

3.24

Current PS

2.87

Overvalued PS

3.86

Undervalued PS

2.62