Added to YB: 2026-06-18
Pitch date: 2026-06-16
CODA [bullish]
Coda Octopus Group, Inc.
Author Info
No bio for this author
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
$123.1M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.16
P/E
24.90
EV/Sales
3.32
Sector
Electronic Equipment, Instruments and Components
Category
growth
Coda Octopus (CODA): The Perception Layer for Underwater Autonomy
CODA (added to position): Underwater autonomy perception-sensor play. Q2'26 dropped ~15% to ~$9 on $400K rev miss & 26.8% Marine Tech decline from Iran conflict (temporary). Market ignoring 2 catalysts: DAVD Navy approval (14K diver TAM, ~$50K/unit, orders Q3) & first NANO vehicle integration win w/ 3-4 more in pipeline. UUV mkt $4.8B→$11.1B by 2030. $30.6M cash, no debt, profitable, 2 M&A targets.
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