Coda Octopus Group (CODA) Expected to Announce Quarterly Earnings on Monday

Coda Octopus Group (NASDAQ:CODA) is expected to announce its Q3 2026 results before the market opens on Monday, September 14th. Analysts expect the company to announce earnings of $0.1150 per share and revenue of $7.26 million for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Monday, September 14, 2026 at 10:00 AM ET.

Coda Octopus Group (NASDAQ:CODA) last issued its earnings results on Monday, June 15th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. Coda Octopus Group had a return on equity of 8.33% and a net margin of 17.66%.The firm had revenue of $6.90 million for the quarter, compared to analyst estimates of $7.52 million.

Coda Octopus Group Trading Up 2.0%

Shares of NASDAQ:CODA opened at $10.02 on Friday. The company’s 50 day moving average is $10.09 and its 200 day moving average is $11.35. The company has a market cap of $113.03 million, a PE ratio of 23.30 and a beta of 0.60. Coda Octopus Group has a twelve month low of $7.80 and a twelve month high of $17.28.

Hedge Funds Weigh In On Coda Octopus Group

Hedge funds have recently added to or reduced their stakes in the stock. Archon Capital Management LLC purchased a new stake in Coda Octopus Group in the fourth quarter valued at $1,395,000. Informed Momentum Co LLC purchased a new position in shares of Coda Octopus Group during the fourth quarter worth about $686,000. Marshall Wace LLP grew its holdings in shares of Coda Octopus Group by 79.6% during the fourth quarter. Marshall Wace LLP now owns 158,232 shares of the company’s stock worth $1,472,000 after purchasing an additional 70,146 shares during the last quarter. Rothschild Wealth LLC purchased a new position in shares of Coda Octopus Group during the fourth quarter worth about $625,000. Finally, Jane Street Group LLC acquired a new stake in shares of Coda Octopus Group during the second quarter worth about $207,000. 20.12% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on CODA. Weiss Ratings reiterated a “hold (c)” rating on shares of Coda Octopus Group in a report on Tuesday, September 1st. Wall Street Zen lowered shares of Coda Octopus Group from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Finally, UBS Group raised shares of Coda Octopus Group to a “buy” rating in a research report on Thursday, June 18th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $14.00.

Coda Octopus Group Company Profile

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.