Coda Octopus Group (NASDAQ:CODA) Releases Earnings Results, Beats Estimates By $0.03 EPS

Posted by Geri Gentry on Jun 15th, 2026

Coda Octopus Group (NASDAQ:CODA – Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03, FiscalAI reports. Coda Octopus Group had a return on equity of 7.17% and a net margin of 14.78%.The company had revenue of $6.90 million for the quarter, compared to analysts’ expectations of $7.41 million.

Coda Octopus Group Price Performance

NASDAQ CODA opened at $10.92 on Monday. The business’s fifty day moving average is $12.03 and its 200 day moving average is $11.53. Coda Octopus Group has a twelve month low of $7.01 and a twelve month high of $17.28. The company has a market cap of $123.18 million, a price-to-earnings ratio of 30.33 and a beta of 0.57.

Insider Buying and Selling at Coda Octopus Group

In other news, CFO Gayle Michelle Jardine sold 2,256 shares of the business’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $12.59, for a total transaction of $28,403.04. Following the sale, the chief financial officer directly owned 2,500 shares in the company, valued at approximately $31,475. The trade was a 47.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 21.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CODA. Marshall Wace LLP bought a new position in Coda Octopus Group during the 2nd quarter worth $104,000. Jane Street Group LLC bought a new position in Coda Octopus Group during the 2nd quarter worth $207,000. Osaic Holdings Inc. raised its position in Coda Octopus Group by 18.6% during the 2nd quarter. Osaic Holdings Inc. now owns 79,434 shares of the company’s stock worth $650,000 after purchasing an additional 12,433 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Coda Octopus Group by 2.1% in the third quarter. Vanguard Group Inc. now owns 304,058 shares of the company’s stock worth $2,440,000 after acquiring an additional 6,231 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Coda Octopus Group by 2.6% in the third quarter. Dimensional Fund Advisors LP now owns 61,561 shares of the company’s stock worth $494,000 after acquiring an additional 1,562 shares during the period. 20.12% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CODA. Weiss Ratings restated a “hold (c)” rating on shares of Coda Octopus Group in a research note on Thursday, June 4th. Wall Street Zen cut Coda Octopus Group from a “buy” rating to a “hold” rating in a research report on Saturday. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

View Our Latest Stock Analysis on CODA

Coda Octopus Group Company Profile

(Get Free Report)

Coda Octopus Group, Inc is a technology company that develops and sells real-time 3D sonar systems and related solutions for underwater applications. Its flagship Echoscope® real-time 3D sonar system enables clients to visualize subsea structures and seabed conditions in unprecedented detail. The company’s product portfolio also includes BathyCORR® geophysical survey processing software, a range of ROV and USV inspection tools, and advanced subsea positioning and motion reference units. These technologies support tasks such as inspection, maintenance, salvage, survey, and security in challenging marine environments.

The company serves a broad set of industries, including offshore oil and gas, marine mining, defense, civil engineering, telecommunications, and scientific research.