Coda Octopus Group Inc Stock (CODA) Forecast
The Coda Octopus Group Inc (CODA) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $8.15, representing a -9.39% decrease from the current price of $8.99. The highest analyst price target is $8.62, and the lowest is $7.67.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month CODA Price Target
Average 6.93 (-22.95% Downside)
Is Coda Octopus Group Inc (CODA) A Buy Now?
Oscillators
Buy: 0 · Sell: 2 · Neutral: 5Summary: Neutral
Moving Averages
Buy: 0 · Sell: 10 · Neutral: 0Summary: Sell
According to our latest analysis, CODA could be considered a Strong Sell, with 17 technical analysis indicators signaling 0 Buy signals, 12 signaling Sell signals and 5 Neutral signals. This might not be a good time to consider opening new positions on CODA, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 35.08 indicates that CODA is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 30.38 indicates that CODA is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 57.43 indicates that CODA is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- ADX (Average Directional Index): The ADX value of 29.02 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
- CCI (Commodity Channel Index): A CCI(14) value of -53.65 indicates that CODA is still oversold but not to an extreme extent.
Long-term CODA price forecast for 2026, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Coda Octopus Group Inc financial reports and earnings history, Coda Octopus Group Inc (CODA) stock could reach $10.33 by 2030, $10.64 by 2040 and $10.40 by 2050. See the projected annual prices until 2050 of the Coda Octopus Group Inc stock below:
- Coda Octopus Group Inc (CODA) is expected to reach an average price of $9.87 in 2035, with a high prediction of $10.78 and a low estimate of $6.09. This indicates an +9.75% change from the last recorded price of $8.99.
- Coda Octopus Group Inc (CODA) stock is projected to chart a bullish course in 2040, with an average price target of $8.02, representing an -10.76% change from its current level. The forecast ranges from a conservative $6.53 to a sky-high $10.64.
- Our analysts predict Coda Octopus Group Inc (CODA) to change -13.76% by 2045, soaring from $7.45 to an average price of $7.75, potentially reaching $12.84. While $7.45 is the low estimate, the potential upside is significant.
- Coda Octopus Group Inc (CODA) stock is expected to climb by 2050, reaching an average of $9.22, a +2.55% change from its current level. However, a wide range of estimates exists, with high and low targets of $10.40 and $6.91, respectively, highlighting the market's uncertainty.
Coda Octopus Group Inc Stock (CODA) Year by Year Forecast
Coda Octopus Group Inc Stock (CODA) Price Forecast for 2026
The predicted value for Coda Octopus Group Inc (CODA) in 2026 is set at an average of $10.47. Estimates vary from a peak of $17.28 to a trough of $7.67, indicating an +16.42% surge from the present price of $8.99.
Coda Octopus Group Inc Stock (CODA) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Coda Octopus Group Inc (CODA) is $6.13, with a high forecast of $8.67 and a low forecast of $5.18. This indicates an -31.79% decrease from the last price of $8.99.
Coda Octopus Group Inc Stock (CODA) Price Forecast for 2028
In 2028, Coda Octopus Group Inc (CODA) is projected to reach an average price of $8.22, with a high projection of $11.53 and a low estimate of $6.14. This indicates an -8.59% fall from the last price of $8.99.
Coda Octopus Group Inc Stock (CODA) Price Forecast for 2029
The 2029 price forecast for Coda Octopus Group Inc Stock (CODA) is $6.76 on average, with a high prediction of $8.00 and a low estimate of $5.65. This represents an -24.78% decrease from the previous price of $8.99.
Coda Octopus Group Inc Stock (CODA) Price Forecast for 2030
Coda Octopus Group Inc Stock (CODA) is expected to reach an average price of $8.04 in 2030, with a high forecast of $10.33 and a low forecast of $6.20. This signifies an -10.56% decrease from the last price of $8.99.
