Coda Octopus Group (CODA) Projected to Post Quarterly Earnings on Monday

Coda Octopus Group (NASDAQ:CODA) is expected to be posting its Q2 2026 results before the market opens on Monday, June 15th. Analysts expect Coda Octopus Group to post earnings of $0.13 per share and revenue of $7.5170 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Monday, June 15, 2026 at 10:00 AM ET.

Coda Octopus Group (NASDAQ:CODA) last released its quarterly earnings results on Tuesday, March 17th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. Coda Octopus Group had a net margin of 14.78% and a return on equity of 7.17%. The business had revenue of $6.71 million during the quarter, compared to the consensus estimate of $6.23 million.

Coda Octopus Group Stock Performance

CODA stock opened at $11.80 on Monday. Coda Octopus Group has a twelve month low of $6.19 and a twelve month high of $17.28. The company has a market capitalization of $133.10 million, a P/E ratio of 32.78 and a beta of 0.57. The firm has a 50 day simple moving average of $12.03 and a 200-day simple moving average of $11.41.

Insider Buying and Selling

In related news, major shareholder John Steven Emerson sold 86,254 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $14.95, for a total transaction of $1,289,497.30. Following the transaction, the insider directly owned 5,286 shares in the company, valued at $79,025.70. This trade represents a 94.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Gayle Michelle Jardine sold 2,256 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $12.59, for a total value of $28,403.04. Following the transaction, the chief financial officer owned 2,500 shares in the company, valued at $31,475. This trade represents a 47.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 21.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Coda Octopus Group

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

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Alliance Global Partners reissued a “buy” rating on shares of Coda Octopus Group in a research report on Monday, February 9th. Wall Street Zen downgraded shares of Coda Octopus Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 7th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Coda Octopus Group has a consensus rating of “Moderate Buy”.

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.