Coda Octopus Group, Inc. (CODA)
NASDAQ: CODA · IEX Real-Time Price · USD
6.75
-0.17 (-2.39%)
Apr 26, 2024, 3:59 PM EDT - Market closed

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 48.15% from the current stock price of 6.75.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10 $10 $10 $10
Change +48.15% +48.15% +48.15% +48.15%
* 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 Mar '24Apr '24
Strong Buy 11
Buy 00
Hold 00
Sell 00
Strong Sell 00
Total 11

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 +48.15% Sep 13, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
20.44M
from 19.35M
Increased by 5.63%
Revenue Next Year
26.32M
from 20.44M
Increased by 28.77%
EPS This Year
0.28
from 0.28
Decreased by -1.64%
EPS Next Year
0.45
from 0.28
Increased by 62.96%
Year 2019202020212022202320242025
Revenue
25.06M20.04M21.33M22.23M19.35M20.44M26.32M
Revenue Growth
39.06%-20.01%6.42%4.19%-12.93%5.63%28.77%
EPS
0.490.310.460.400.280.280.45
EPS Growth
--36.73%48.39%-13.04%-30.00%-1.64%62.96%
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 21.0M 27.1M
Avg 20.4M 26.3M
Low 19.6M 25.3M

Revenue Growth

Revenue Growth 20242025
High
8.7%
32.6%
Avg
5.6%
28.8%
Low
1.5%
23.7%

EPS Forecast

EPS 20242025
High 0.28 0.46
Avg 0.28 0.45
Low 0.26 0.43

EPS Growth

EPS Growth 20242025
High
1.3%
67.8%
Avg
-1.6%
63.0%
Low
-5.5%
56.6%
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.