Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Coda Octopus Group Inc Market Cap
The Coda Octopus Group Inc (CODA) share price is expected to increase by 22.49% over the next year. This is based on calculating the average 12-month share price estimate provided by 1 stock analysts who have covered CODA. Price targets range from $11 at the low end to $11 at the high end. The current analyst consensus for CODA is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Coda Octopus Group Inc has a total of 1 Wall St Analyst ratings. There are 1 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Coda Octopus Group Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CODA.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Brian Kinstlinger Alliance Global Partners | Buy | $11 | Maintains | Nov 11, 2024 |
| Brian Kinstlinger Alliance Global Partners | Buy | $10 | Maintains | Sep 13, 2023 |
When did it IPO
1994
Staff Count
83
Country
United States
Sector/Industry
Industrials/Aerospace & Defense
CEO
Ms. Annmarie Gayle LL.B, LLM
Market Cap
$100.5M
In 2023, CODA generated $19.4M in revenue, which was a decrease of -12.93% from the previous year. This can be seen as a signal that CODA's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 02 Dec 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Coda Octopus targets defense markets with new products, recovering rental business, and expects revenue growth from post-election defense budget increases. Innovative technologies offer significant opportunities.
Why It Matters - Coda Octopus's growth prospects in defense markets, recovery of high-margin rentals, and innovative technologies position it well for revenue gains amid improving budgets and overcoming headwinds.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Coda Octopus Group received a $576,000 order for 15 F280® GNSS Aided INS systems for a foreign Navy Program, enhancing its position in subsea imaging technology.
Why It Matters - Coda Octopus's new order for $576,000 in advanced technology signals strong demand and potential growth, enhancing revenue prospects and investor confidence in the company's future performance.
Mon, 16 Sep 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Coda Octopus Group, Inc. (NASDAQ: CODA) will hold its Q3 2024 earnings conference call on September 16, 2024, at 10:00 AM ET, featuring key company executives and analysts.
Why It Matters - Coda Octopus Group's Q3 earnings call provides insights into financial performance and strategic direction, crucial for assessing investment potential and market confidence.
Tue, 09 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Coda Octopus Group's subsidiary, Coda Octopus Colmek, secured a $906k order related to a long-standing program, marking a positive development after delays in fiscal 2024.
Why It Matters - Coda Octopus's receipt of a $906k contract enhances revenue visibility and confirms demand for its long-standing services, positively impacting investor confidence and stock performance.
Wed, 12 Jun 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Coda Octopus Group, Inc. (NASDAQ: CODA) will host its Q2 2024 Earnings Conference Call on June 12, 2024, at 10:00 AM ET, featuring key company executives and analysts.
Why It Matters - Coda Octopus' Q2 2024 earnings call could reveal financial performance and strategic insights, influencing stock valuation and investor sentiment.
Wed, 29 May 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Coda Octopus Group, Inc. (Nasdaq: CODA) announced the election of Dr. Angus McFadzean to its Board, effective July 1, 2024, following a decision to expand the Board's size.
Why It Matters - The election of Dr. Angus McFadzean to Coda Octopus's Board may signal strategic growth and innovation, potentially impacting the company's direction and investor confidence.
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