Added to YB: 2025-08-20
Pitch date: 2025-08-18
CODA [bullish]
Coda Octopus Group, Inc.
+21.2%
current return
Author Info
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Company Info
Coda Octopus Group, Inc., together with its subsidiaries, sells and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the United States, Europe, Australia, Asia, the Middle East, and Africa.
Market Cap
$87.0M
Pitch Price
$7.50
Price Target
40.00 (+340%)
Dividend
N/A
EV/EBITDA
13.83
P/E
25.76
EV/Sales
2.76
Sector
Electronic Equipment, Instruments and Components
Category
growth
Coda Octopus - $CODA
CODA: Market leader in real-time underwater 3D sonar at 17x TEV/FCF with $37M cash (44% of mkt cap). Upside from naval defense spending, new DAVD product (goggles for divers in zero visibility), UUV market growth ($4.8B→$11.1B by 2030), and M&A potential. 30% insider ownership provides alignment. Risks: bad M&A, budget delays, competition.
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