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Upturn AI Summary - About
Coda Octopus Group Inc(CODA)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CODA
10/23/2026: CODA (1-star) is a SELL. SELL for 5 days. Simulated Profits (-9.41%). Updated daily EoD!
Coda Octopus Group Inc is a specialized marine technology company known for its proprietary 3D/4D underwater sonar hardware and related software. The company is primarily a player in the defense, offshore energy, and marine survey sectors, benefiting from the unique capabilities of its Echoscope imaging technology. Its main growth story centers on increasing adoption of this technology in autonomous underwater vehicles and offshore renewable infrastructure. However, as a small-cap firm, it faces significant risks from market competition, project revenue volatility, and limited stock liquidity. It may suit investors looking for niche industrial exposure, though valuation and execution risks remain factors to monitor closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company serves niche markets with specialized technology but lacks the explosive growth profile of large-cap tech. |
| Momentum investor | Weak fit | Trading volume and price volatility are often too low for typical momentum strategies. |
| Value investor | Mixed fit | Valuation may appear attractive based on specific fundamentals, but the lack of liquidity can be a concern. |
| Dividend investor | Weak fit | The company does not pay a regular dividend. |
| Low-risk investor | Weak fit | Small-cap marine tech stocks inherently carry higher operational and market risks. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock's low liquidity can lead to significant price swings on relatively low trading volume. |
| Valuation risk | Medium | Valuation depends on future contract wins and technology adoption which can be difficult to forecast. |
| Competition risk | High | Larger competitors with massive R&D budgets can challenge the market share of niche sonar products. |
| Business quality | Medium | While technology is proprietary, the reliance on cyclical defense and offshore markets impacts long-term quality consistency. |
| Dividend income | Low / none | Investors should not expect income from this investment. |
| Execution risk | Medium | Successful conversion of R&D into long-term commercial contract wins is essential. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 1.92% | Avg. Invested days 31 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/23/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 103.35M USD | Price to earnings Ratio 20.36 | 1Y Target Price 14 |
Price to earnings Ratio 20.36 | 1Y Target Price 14 | ||
Volume (30-day avg) 106.5K shares | Beta 0.6 | 52 Weeks Range 7.80 - 17.28 | Updated Date 10/24/2026 |
52 Weeks Range 7.80 - 17.28 | Updated Date 10/24/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.45 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Sonar Hardware | Sale of proprietary Echoscope and other subsea imaging hardware. | The company sells specialized underwater sonar hardware used for mapping and construction. |
| Software & Services | Licensing of Dimension software and ongoing engineering support. | The company generates recurring and project-based revenue from software and technical support services. |
| Geographical Exposure | Sales across US, UK, and international markets. | The company operates globally, with significant revenue exposure to Western defense and offshore markets. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 20.36 | Forward PE 21.1 | Enterprise Value 94.59M | Price to Sales(TTM) 3.61 |
Enterprise Value 94.59M | Price to Sales(TTM) 3.61 | ||
Enterprise Value to Revenue 3.31 | Enterprise Value to EBITDA 12.41 | Shares Outstanding 11.28M | Shares Floating 6.23M |
Shares Outstanding 11.28M | Shares Floating 6.23M | ||
Percent Insiders 51.15 | Percent Institutions 27.32 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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