Why Coda Octopus Group, Inc.’s (CODA) Stock Is Down 5.71%

By Cynthia McLaughlin
May 08, 2026
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Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Coda Octopus Group, Inc. before investing.

In this article, we go over a few key elements for understanding Coda Octopus Group, Inc.’s stock price such as:

  • Coda Octopus Group, Inc.’s current stock price and volume
  • Why Coda Octopus Group, Inc.’s stock price changed recently
  • Upgrades and downgrades for CODA from analysts
  • CODA’s stock price momentum as measured by its relative strength

About Coda Octopus Group, Inc. (CODA)

Before we jump into Coda Octopus Group, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

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. It operates through three segments: Marine Technology Business, Acoustic Sensors and Materials Business, and Defense Engineering Services Business. The Marine Technology Business offers geophysical range of products, such as GeoSurvey, a software and hardware package for acquisition and processing of sidescan sonar and sub-bottom profiler data in oil and gas companies; DA4G, a geophysical hardware; and Survey Engine, a software product that provides post-processing solutions for sidescan sonar and sub-bottom profiler data; inertial positioning and attitude measurement systems; and real-time volumetric imaging sonar systems under the Echoscope, Echoscope PIPE, and Echoscope PIPE NANO Gen Series brands, as well as the Diver Augmented Vision Display (DAVD) system, digital audio communication systems, GNSS-aided inertial navigation systems, and geophysical hardware and software solutions. These products are used in underwater construction, offshore renewables, oil and gas, complex mapping, salvage operations, defense, robotics, autonomous underwater vehicles, marine sciences, and port security. The Acoustic Sensors and Materials Business provides acoustic sensors, hydrophones, innovative acoustic materials, and calibration services, such as the medical, subsea, defense, and research sectors, with a focus on medical imaging and non-destructive testing. The Defense Engineering Services Business designs, manufactures, and supplies embedded solutions and sub-assemblies for integration into mission-critical defense systems, supporting programs such as Raytheon’s Close-In Weapon Support and Northrop Grumman’s Mine Hunting System. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.

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Coda Octopus Group, Inc.’s Stock Price as of Market Close

As of May 08, 2026, 10:29 AM, CST, Coda Octopus Group, Inc.’s stock price was $12.060.

Coda Octopus Group, Inc. is up 1.34% from its previous closing price of $11.900.

During the last market session, Coda Octopus Group, Inc.’s stock traded between $11.955 and $12.190. Currently, there are approximately 11.27 million shares outstanding for Coda Octopus Group, Inc..

Coda Octopus Group, Inc.’s price-earnings (P/E) ratio is currently at 32.2, which is low compared to the Electronic Equipment, Instruments & Components industry median of 32.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Coda Octopus Group, Inc. Stock Price History

Coda Octopus Group, Inc.’s (CODA) price is currently up 6.63% so far this month.

During the month of May, Coda Octopus Group, Inc.’s stock price has reached a high of $12.190 and a low of $11.310.

Over the last year, Coda Octopus Group, Inc. has hit prices as high as $17.280 and as low as $5.980. Year to date, Coda Octopus Group, Inc.’s stock is up 29.68%.

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What Caused Coda Octopus Group, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 07, 2026, there were analysts who downgraded Coda Octopus Group, Inc.’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Coda Octopus Group, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Coda Octopus Group, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Coda Octopus Group, Inc.’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Coda Octopus Group, Inc. (CODA) by visiting AAII Stock Evaluator.

Relative Price Strength of Coda Octopus Group, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 07, 2026, Coda Octopus Group, Inc. has a weighted four-quarter relative price strength of 6.61%, which translates to a Momentum Score of 75 and is considered to be Strong.

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Coda Octopus Group, Inc. Stock Price: Bottom Line

As of May 8, 2026, Coda Octopus Group, Inc.’s stock price is $12.060, which is up 1.34% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Coda Octopus Group, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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