(CODA) Coda Octopus - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US19188U2069

CODA: Underwater, Imaging, Mapping, Navigation, Sonar, Defense, Survey

Coda Octopus Group Inc. (NASDAQ:CODA) is a global provider of advanced underwater technologies and equipment, serving diverse markets including oil and gas, defense, marine survey, and offshore energy. Headquartered in Orlando, Florida, the company operates through two primary segments: Marine Engineering Business and Marine Technology Business. Its product portfolio includes real-time 3D imaging sonars, geophysical systems, GNSS-aided navigation systems, and diver-augmented vision display systems. The company also offers specialized software tools such as GeoSurvey for sidescan sonar and sub-bottom profiler data acquisition, and Survey Engine for post-processing solutions. Additionally, Coda Octopus provides 3D/4D/5D/6D imaging sonar technology under the Echoscope and Echoscope PIPE brands, as well as diving technologies under the CodaOctopus DAVD brand. The company serves clients across the United States, Europe, Australia, Asia, the Middle East, and Africa.

Founded in 1994, Coda Octopus Group Inc. is listed on the NASDAQ under the ticker symbol CODA. The company operates in the Electronic Equipment & Instruments industry and has a market capitalization of approximately $85.94 million. Its stock has shown moderate trading volumes, with an average 20-day volume of 23,000 shares. The stock is currently trading at $6.81, with key technical indicators such as the 20-day SMA at $7.70, 50-day SMA at $7.99, and 200-day SMA at $7.59. The Average True Range (ATR) is 0.35, indicating moderate volatility. Fundamental metrics include a P/E ratio of 23.94, forward P/E of 20.16, P/B ratio of 1.62, and P/S ratio of 4.23, with a return on equity (RoE) of 6.86%.

Over the next three months, CODA is expected to experience a period of consolidation. Based on the current technical setup, the stock may face resistance at the 50-day SMA level of $7.99 and support near the 200-day SMA at $7.59. The ATR of 0.35 suggests that price fluctuations are likely to remain moderate. On the fundamental side, the companys forward P/E of 20.16 indicates that the market expects continued revenue growth, particularly in the subsea and underwater technology sectors. However, the current P/S ratio of 4.23 reflects a premium valuation, which may present a headwind if growth expectations are not met. Overall, CODA is likely to trade within a narrow range, with potential for a breakout above $8.00 if earnings or revenue guidance exceeds expectations.

Additional Sources for CODA Stock

CODA Stock Overview

Market Cap in USD 70m
Sector Industrials
Industry Aerospace & Defense
GiC Sub-Industry Electronic Equipment & Instruments
IPO / Inception 2008-10-22

CODA Stock Ratings

Growth 5y 19.3%
Fundamental 29.1%
Dividend 0.0%
Rel. Strength 5.12
Analysts 5/5
Fair Price Momentum 5.43 USD
Fair Price DCF 5.83 USD

CODA Dividends

No Dividends Paid

CODA Growth Ratios

Growth Correlation 3m -96.8%
Growth Correlation 12m 48.4%
Growth Correlation 5y 19.1%
CAGR 5y 2.29%
CAGR/Max DD 5y 0.04
Sharpe Ratio 12m -1.97
Alpha -6.58
Beta 0.601
Volatility 43.58%
Current Volume 11.3k
Average Volume 20d 13.7k
What is the price of CODA stocks?
As of April 09, 2025, the stock is trading at USD 5.98 with a total of 11,302 shares traded.
Over the past week, the price has changed by -4.17%, over one month by -12.70%, over three months by -29.23% and over the past year by -5.83%.
Is Coda Octopus a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Coda Octopus is currently (April 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 29.13 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CODA as of April 2025 is 5.43. This means that CODA is currently overvalued and has a potential downside of -9.2%.
Is CODA a buy, sell or hold?
Coda Octopus has received a consensus analysts rating of 5.00. Therefor, it is recommend to buy CODA.
  • Strong Buy: 1
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0
What are the forecast for CODA stock price target?
According to ValueRays Forecast Model, CODA Coda Octopus will be worth about 6 in April 2026. The stock is currently trading at 5.98. This means that the stock has a potential downside of -0.33%.
Issuer Forecast Upside
Wallstreet Target Price 8 33.8%
Analysts Target Price 11 83.9%
ValueRay Target Price 6 -0.3%