Coda Octopus Group, Inc.

NasdaqCM:CODA Stock Report

Market Cap: US$106.0m

Coda Octopus Group Management

Management criteria checks 4/4

Coda Octopus Group's CEO is Annmarie Gayle, appointed in Sep 2011, has a tenure of 14.75 years. total yearly compensation is $405.00K, comprised of 75.3% salary and 24.7% bonuses, including company stock and options. directly owns 1.12% of the company’s shares, worth $1.20M. The average tenure of the management team and the board of directors is 14.8 years and 3 years respectively.

Key information

Annmarie Gayle

Chief executive officer

US$405.0k

Total compensation

CEO salary percentage75.31%
CEO tenure14.8yrs
CEO ownership1.1%
Management average tenure14.8yrs
Board average tenure3yrs

Recent management updates

Analysis Article Aug 28

We Discuss Why Coda Octopus Group, Inc.'s (NASDAQ:CODA) CEO Compensation May Be Closely Reviewed

Key Insights Coda Octopus Group's Annual General Meeting to take place on 4th of September Salary of US$305.0k is part...

Recent updates

Analysis Article Jun 19

Results: Coda Octopus Group, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

There's been a notable change in appetite for Coda Octopus Group, Inc. ( NASDAQ:CODA ) shares in the week since its...
Seeking Alpha Jun 15

Coda Octopus Q2: Fantastic Performance Overshadowed By Uncertainty

Summary Coda Octopus Group, Inc. delivered improved operational performance and profitability, despite headline revenue softness driven by Marine Tech Business weakness. CODA's segment mix shifted toward high-margin services, with defense engineering up 38% y/y and precision acoustics up 17.5%, offsetting MTB’s 26.8% decline. The balance sheet remains robust with $30.6m in cash, no long-term debt, and continued positive operating cash flow, supporting future growth. I maintain a Buy rating on CODA stock, citing operational discipline, DAVD’s U.S. Navy approval as a growth catalyst, and potential MTB recovery if geopolitical uncertainty resolves. Read the full article on Seeking Alpha
Narrative Update Jun 04

CODA: Stable Assumptions And Refined Future P/E Will Support Upside Potential

Analysts now place their fair value estimate for Coda Octopus Group at $14.00. The modest adjustments to discount rate, revenue growth, profit margin and future P/E assumptions reflect fine tuning of their valuation framework rather than a major shift in outlook.
Narrative Update May 19

CODA: Stable Assumptions And Higher Future P/E Will Support Upside Potential

Analysts have maintained their $14.00 price target for Coda Octopus Group, citing steady assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E in their updated models. Valuation Changes Fair Value: Model fair value remains steady at $14.00 per share, with no change from the prior estimate.
Narrative Update Apr 26

CODA: Refreshed Margin And P/E Assumptions Will Support Future Upside Potential

Analysts have lifted their price target on Coda Octopus Group by $3, with the update grounded in refreshed assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as reflecting updated fair value assumptions that better align the share price with their current expectations for the business.
Narrative Update Apr 09

CODA: Higher Margin And P/E Assumptions Will Support Future Upside Potential

Analysts have raised their price target on Coda Octopus Group by $3, citing refreshed assumptions around fair value, discount rate, revenue growth, profit margin and future P/E that support a higher long term valuation framework. Analyst Commentary Bullish Takeaways Bullish analysts view the refreshed fair value work as supportive of a higher long term valuation framework, with updated assumptions around discount rate, revenue growth and profit margins feeding into the new target.
Narrative Update Mar 26

CODA: Higher Margin Assumptions Will Likely Unlock Upside Potential

Analysts have raised their price target on Coda Octopus Group by $3, citing updated assumptions on revenue growth, profit margins, and future P/E that they view as better aligned with the company's current positioning. Analyst Commentary Analysts updating their models after the latest price target change are refining how they think about Coda Octopus Group's growth prospects, execution risks, and appropriate valuation multiples.
Narrative Update Mar 11

CODA: Higher Price Assumptions Will Likely Expose Overvaluation Risk

Analysts have raised their price target on Coda Octopus Group by $3, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E as the key factors supporting the change. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as better aligned with their updated fair value work, which reflects revised assumptions on revenue and profitability over their forecast period.
Narrative Update Feb 24

CODA: Updated Fair Value And P/E Assumptions Will Shape Future Upside Potential

Analysts have raised their price target on Coda Octopus Group by $3, reflecting updated views on fair value while largely maintaining prior assumptions regarding growth, margins, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target as better alignment with their fair value models rather than a shift in growth or margin expectations, which they indicate remain broadly consistent.
Narrative Update Feb 09

CODA: Higher Margin Assumptions Will Support Stronger Future Earnings Power

Narrative Update The analyst price target for Coda Octopus Group has increased from US$8.34 to US$14.00. Analysts attribute this change to updated assumptions for the discount rate, revenue growth, profit margin and future P/E.
Analysis Article Jan 14

Coda Octopus Group, Inc.'s (NASDAQ:CODA) 32% Jump Shows Its Popularity With Investors

Coda Octopus Group, Inc. ( NASDAQ:CODA ) shareholders would be excited to see that the share price has had a great...
Analysis Article Oct 17

Coda Octopus Group, Inc.'s (NASDAQ:CODA) 28% Jump Shows Its Popularity With Investors

The Coda Octopus Group, Inc. ( NASDAQ:CODA ) share price has done very well over the last month, posting an excellent...
Analysis Article Aug 27

There Are Reasons To Feel Uneasy About Coda Octopus Group's (NASDAQ:CODA) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article Jul 04

Coda Octopus Group, Inc.'s (NASDAQ:CODA) P/E Is Still On The Mark Following 26% Share Price Bounce

Coda Octopus Group, Inc. ( NASDAQ:CODA ) shares have continued their recent momentum with a 26% gain in the last month...
Analysis Article Mar 23

Need To Know: This Analyst Just Made A Substantial Cut To Their Coda Octopus Group, Inc. (NASDAQ:CODA) Estimates

Today is shaping up negative for Coda Octopus Group, Inc. ( NASDAQ:CODA ) shareholders, with the covering analyst...
Analysis Article Mar 05

Coda Octopus Group (NASDAQ:CODA) Will Be Hoping To Turn Its Returns On Capital Around

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article Dec 20

Coda Octopus Group, Inc.'s (NASDAQ:CODA) Popularity With Investors Is Clear

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...
User avatar
New Narrative Sep 28

Decisive Expansions And Smart Acquisitions Set To Bolster Future Growth

Anticipated increase in U.S. Defense orders expected to boost future revenue growth, alongside a strategic move towards a recurring revenue model.
Analysis Article Aug 28

We Discuss Why Coda Octopus Group, Inc.'s (NASDAQ:CODA) CEO Compensation May Be Closely Reviewed

Key Insights Coda Octopus Group's Annual General Meeting to take place on 4th of September Salary of US$305.0k is part...
Analysis Article Apr 25

Capital Allocation Trends At Coda Octopus Group (NASDAQ:CODA) Aren't Ideal

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Feb 01

Earnings Miss: Coda Octopus Group, Inc. Missed EPS By 28% And Analysts Are Revising Their Forecasts

As you might know, Coda Octopus Group, Inc. ( NASDAQ:CODA ) last week released its latest annual, and things did not...
Analysis Article Jan 13

Is There Now An Opportunity In Coda Octopus Group, Inc. (NASDAQ:CODA)?

Coda Octopus Group, Inc. ( NASDAQ:CODA ), is not the largest company out there, but it saw a double-digit share price...
Analysis Article Sep 18

Bearish: This Analyst Is Revising Their Coda Octopus Group, Inc. (NASDAQ:CODA) Revenue and EPS Prognostications

Today is shaping up negative for Coda Octopus Group, Inc. ( NASDAQ:CODA ) shareholders, with the covering analyst...
Analysis Article Sep 06

Here's Why We Think Coda Octopus Group, Inc.'s (NASDAQ:CODA) CEO Compensation Looks Fair for the time being

Key Insights Coda Octopus Group to hold its Annual General Meeting on 12th of September Salary of US$305.0k is part of...
Analysis Article Aug 08

What Does Coda Octopus Group, Inc.'s (NASDAQ:CODA) Share Price Indicate?

While Coda Octopus Group, Inc. ( NASDAQ:CODA ) might not be the most widely known stock at the moment, it saw...
Analysis Article Jun 15

We Ran A Stock Scan For Earnings Growth And Coda Octopus Group (NASDAQ:CODA) Passed With Ease

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 04

Coda Octopus Group (NASDAQ:CODA) Is Looking To Continue Growing Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article Feb 25

What Is Coda Octopus Group, Inc.'s (NASDAQ:CODA) Share Price Doing?

Coda Octopus Group, Inc. ( NASDAQ:CODA ), is not the largest company out there, but it saw a decent share price growth...
Analysis Article Jan 31

Be Wary Of Coda Octopus Group (NASDAQ:CODA) And Its Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

CEO Compensation Analysis

How has Annmarie Gayle's remuneration changed compared to Coda Octopus Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 30 2026n/an/a

US$5m

Jan 31 2026n/an/a

US$4m

Oct 31 2025US$405kUS$305k

US$4m

Jul 31 2025n/an/a

US$3m

Apr 30 2025n/an/a

US$3m

Jan 31 2025n/an/a

US$4m

Oct 31 2024US$405kUS$305k

US$4m

Jul 31 2024n/an/a

US$3m

Apr 30 2024n/an/a

US$3m

Jan 31 2024n/an/a

US$2m

Oct 31 2023US$405kUS$305k

US$3m

Jul 31 2023n/an/a

US$4m

Apr 30 2023n/an/a

US$5m

Jan 31 2023n/an/a

US$4m

Oct 31 2022US$405kUS$305k

US$4m

Jul 31 2022n/an/a

US$4m

Apr 30 2022n/an/a

US$3m

Jan 31 2022n/an/a

US$5m

Oct 31 2021US$405kUS$305k

US$5m

Jul 31 2021n/an/a

US$6m

Apr 30 2021n/an/a

US$6m

Jan 31 2021n/an/a

US$3m

Oct 31 2020US$492kUS$271k

US$3m

Jul 31 2020n/an/a

US$2m

Apr 30 2020n/an/a

US$3m

Jan 31 2020n/an/a

US$5m

Oct 31 2019US$255kUS$255k

US$5m

Compensation vs Market: Annmarie's total compensation ($USD405.00K) is below average for companies of similar size in the US market ($USD647.77K).

Compensation vs Earnings: Annmarie's compensation has been consistent with company performance over the past year.


CEO

Annmarie Gayle (59 yo)

14.8yrs
Tenure
US$405,000
Compensation

Ms. Annmarie Gayle, LL B, LLM, has been the Chief Executive Officer of Coda Octopus Group, Inc. since September 2011 and as its Chairman of the Board since March 16, 2017. Ms. Gayle is also Chief Executive...


Leadership Team

NamePositionTenureCompensationOwnership
Annmarie Gayle
CEO & Chairman14.8yrsUS$405.00k1.12%
$ 1.2m
Gayle Jardine
Interim Chief Financial Officer2.3yrsUS$220.56k0.022%
$ 23.5k
Blair Cunningham
President of Technology & Director21.4yrsUS$303.83k0.34%
$ 359.2k
Dillon King
Digital Marketing & Investor Relations Executiveno datano datano data
14.8yrs
Average Tenure
57yo
Average Age

Experienced Management: CODA's management team is seasoned and experienced (14.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Annmarie Gayle
CEO & Chairman14.8yrsUS$405.00k1.12%
$ 1.2m
Blair Cunningham
President of Technology & Director1.4yrsUS$303.83k0.34%
$ 359.2k
Michael Hamilton
Independent Director16yrsUS$65.00k0.049%
$ 52.0k
Gwenael Rouy-Poirier
Independent Director2.2yrsUS$50.00k0.070%
$ 74.2k
Robert Harcourt
Independent Director3yrsUS$50.00k0.056%
$ 59.0k
3.0yrs
Average Tenure
59yo
Average Age

Experienced Board: CODA's board of directors are considered experienced (3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/25 21:35
End of Day Share Price 2026/06/25 00:00
Earnings2026/04/30
Annual Earnings2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Coda Octopus Group, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian KinstlingerAlliance Global Partners
Sergey GlinyanovFreedom Broker