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Coda Octopus (NASDAQ: CODA) Price Target Raised Amidst Revenue Shifts and Strong Financials
Financial Modeling Prep· 2026-06-18 12:05
Analyst from UBS sets a new price target of $14.00 for Coda Octopus (NASDAQ: CODA), implying a 51.52% upside from its $9.24 trading price. Despite a 26.8% decline in its Marine Tech Business revenue, Coda Octopus improved operational performance, with its defense engineering segment growing by 38% and precision acoustics by 17.5%. The company maintains a strong financial position with $30.6 million in cash, no long-term debt, and positive operating cash flow.On June 17, 2026, an analyst from UBS set a new ...