Coda Octopus Group, Inc. (CODA)
NASDAQ: CODA · Real-Time Price · USD
9.73
+0.71 (7.87%)
Nov 20, 2024, 4:00 PM EST - Market open
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 11, which predicts an increase of 13.05% from the current stock price of 9.73.
Analyst Consensus: Strong Buy
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 '24 | Oct '24 | Nov '24 |
|---|---|---|---|
| Strong Buy | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $9 → $11 | Strong Buy | Maintains | $9 → $11 | +13.05% | Nov 11, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $12 → $10 | Strong Buy | Maintains | $12 → $10 | +2.77% | Sep 13, 2023 |
Financial Forecast
Revenue This Year
20.94M
from 19.35M
Increased by 8.20%
Revenue Next Year
24.85M
from 20.94M
Increased by 18.67%
EPS This Year
0.38
from 0.28
Increased by 34.06%
EPS Next Year
0.44
from 0.38
Increased by 16.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.6M | 25.6M | 28.7M |
| Avg | 20.9M | 24.8M | 27.8M |
| Low | 20.1M | 23.9M | 26.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.4% | 22.2% | 15.3% |
| Avg | 8.2% | 18.7% | 12.0% |
| Low | 4.0% | 14.0% | 7.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.39 | 0.45 | 0.54 |
| Avg | 0.38 | 0.44 | 0.53 |
| Low | 0.36 | 0.42 | 0.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 38.0% | 20.3% | 23.5% |
| Avg | 34.1% | 16.8% | 20.0% |
| Low | 28.8% | 12.3% | 15.3% |
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.