Coda Octopus Group, Inc. (CODA)
NASDAQ: CODA · IEX Real-Time Price · USD
6.76
+0.04 (0.60%)
At close: Jul 19, 2024, 4:30 PM
6.81
+0.05 (0.74%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

Coda Octopus Group Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Coda Octopus Group stock has a target of 10, which predicts an increase of 47.93% from the current stock price of 6.76.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10 $10 $10 $10
Change +47.93% +47.93% +47.93% +47.93%
* Price targets were last updated on Sep 13, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for CODA is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Sep '23
Strong Buy 1
Buy 0
Hold 0
Sell 0
Strong Sell 0
Total 1

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Alliance Global Partners
Alliance Global Partners
Strong Buy
Maintains
$12$10
Strong Buy Maintains $12$10 +47.93% Sep 13, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
21.24M
from 19.35M
Increased by 9.74%
Revenue Next Year
27.00M
from 21.24M
Increased by 27.15%
EPS This Year
0.39
from 0.28
Increased by 38.43%
EPS Next Year
0.48
from 0.39
Increased by 23.68%
Year 2019202020212022202320242025
Revenue
25.06M20.04M21.33M22.23M19.35M21.24M27.00M
Revenue Growth
39.06%-20.01%6.42%4.19%-12.93%9.74%27.15%
EPS
0.490.310.460.400.280.390.48
EPS Growth
--36.73%48.39%-13.04%-30.00%38.43%23.68%
Forward PE
-----17.4414.10
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 21.9M 27.8M
Avg 21.2M 27.0M
Low 20.4M 25.9M

Revenue Growth

Revenue Growth 20242025
High
13.0%
30.9%
Avg
9.7%
27.1%
Low
5.4%
22.2%

EPS Forecast

EPS 20242025
High 0.40 0.49
Avg 0.39 0.48
Low 0.37 0.46

EPS Growth

EPS Growth 20242025
High
42.5%
27.3%
Avg
38.4%
23.7%
Low
33.0%
18.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.