CODA Stock Summary and Trading Ideas (Coda Octopus Group | NASDAQ:CODA)

Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. The company operates in three distinct business segments: the Marine Technology business, Acoustic Sensors and Material Business and the Defense Engineering Services Business. Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Products segment.

Coda Octopus Group trades on the NASDAQ stock market under the symbol CODA.

As of June 12, 2026, CODA stock price declined to $10.92 with 261,107 million shares trading.

CODA has a beta of 1.40, meaning it tends to be more sensitive to market movements. CODA has a correlation of 0.13 to the broad based SPY ETF.

CODA has a market cap of $123.07 million. This is considered a Micro Cap stock.

Last quarter Coda Octopus Group reported $7 million in Revenue and $.08 earnings per share. This beat revenue expectation by $485,000 and exceeded earnings estimates by $.02.

In the last 3 years, CODA traded as high as $17.28 and as low as $5.21.

The top ETF exchange traded funds that CODA belongs to (by Net Assets): VTI, VXF, DFAS, IWC, SQLV.

CODA has outperformed the market in the last year with a return of +53.6%, while the SPY ETF gained +24.1%. However, in the most recent history, CODA shares have underperformed the stock market with its stock returning -24.7% in the last 3 month period and -12.9% for the last 2 week period, while SPY has returned +11.6% and -1.9%, respectively.

CODA support price is $11.46 and resistance is $12.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CODA shares will trade within this expected range on the day.