Stock events for Coda Octopus Group, Inc. (CODA)
Over the past six months, Coda Octopus Group's stock has experienced notable movements. In January 2026, the stock price saw a significant jump of 32%, contributing to a 41% increase over the last year, with an advance in Q4 2025 income. In October 2025, the acquisition of Precision Acoustics Limited (PAL) contributed to revenue diversification. In September 2025, revenue jumped 29% year-over-year, with hardware sales surging, but rental activity was weak. Short interest in Coda Octopus Group recently increased by 65.50%, which could indicate decreasing investor sentiment. Over the last 12 months, the stock's price has increased by 32.30%, with a year-to-date return of 14.52%.
Demand Seasonality affecting Coda Octopus Group, Inc.’s stock price
Demand for Coda Octopus Group's products and services can be influenced by external factors, such as changes in US policy on funding for offshore renewables, which resulted in many projects being shelved and lower rental units. The company is strategically focusing on increasing defense adoption of its key technologies to mitigate reliance on cyclical commercial and rental markets.
Overview of Coda Octopus Group, Inc.’s business
Coda Octopus Group, Inc. (CODA) specializes in underwater technologies and equipment for 3D imaging, mapping, defense, and survey applications, operating in the Electronic Technology sector, specifically Aerospace & Defense, and associated with the Computer and Technology sector. The company's operations are divided into the Products Segment (Marine Technology Business and Acoustic Sensors and Materials Business, or PAL) and the Services Segment (Marine Engineering Business). Major products include Echoscope® Real-Time 3D Sonar Systems, Diver Augmented Vision Display (DAVD) System, Geophysical Systems, GNSS-Aided Navigation Systems, ROV and USV Inspection Tools, Advanced Subsea Positioning and Motion Reference Units, Acoustic Sensors and Materials, Digital Audio Communication Systems, and Defense Engineering Services.
CODA’s Geographic footprint
Coda Octopus Group, Inc. has a global presence with its corporate headquarters in Orlando, Florida, and possibly Houston, Texas. It has research and development facilities in the United Kingdom, and sales and support offices in key maritime regions. Its solutions are deployed and sold across the Americas (United States), Europe (UK, Denmark), Australia/Asia, and the Middle East/Africa.
CODA Corporate Image Assessment
Coda Octopus Group prides itself on being a global leader and specialist in underwater technologies, holding significant patents for its real-time 3D sonar technology. The company has built a reputation for delivering quality solutions and providing exceptional round-the-clock customer support, with products certified to ISO 9001:2015 quality standards. The recent increase in short interest by 65.50% could be interpreted as a decrease in investor sentiment.
Ownership
Coda Octopus Group, Inc. has 60 institutional owners and shareholders holding a total of 1,703,831 shares, including Vanguard Group Inc and Rice Hall James & Associates, Llc. Jason Lee Reid is the largest individual shareholder, owning 20.76 million shares, representing 184.19% of the company. Annmarie Gayle, the CEO, directly owns 1.12% of the company's shares.
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$13.85