Freedom Broker Rates Coda Octopus (CODA) buy, $14 Price Target
Freedom Broker raises CODA to a buy rating, aiming for a $14 target, a 51.52% upside from the current price.
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Freedom Broker rated Coda Octopus Group, Inc. ($CODA) "buy" with a $14 price target on June 18, 2026.
Since the rating, $CODA is down 5.7% after 1 week, up 0.0% after 1 month and down 0.7% to date (from the $10 close on Jun 18, 2026).
Key Points
- Freedom Broker upgraded CODA to a buy rating with a new price target of $14 on June 18, 2026.
- Freedom Broker's $14 price target implies 51.52% upside from Coda Octopus Group, Inc.'s ($CODA) current $9.24 share price.
- CODA shares are currently trading at $9.24, with recent insider selling activities by Emerson John Steven and others.
- Institutional investors like Marshall Wace and Essex Investment Management have adjusted their positions in CODA.
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Freedom Broker has upgraded CODA to a buy rating, setting a new price target of $14. This change, announced on June 18, 2026, comes as CODA shares are trading around $9.24.
Other Institutional Activity in CODA
Vanguard Capital Management LLC initiated a new position in CODA with 263,739 shares valued at about $2.98 million. Marshall Wace, LLP increased its holdings by 95,957 shares, ending with 254,189 shares worth approximately $2.87 million. Essex Investment Management Co LLC also boosted its stake significantly, adding 166,341 shares to hold a total of 189,640 shares valued at $2.14 million. SEI Investments Co raised its position by 102,592 shares, bringing its total to 147,486 shares valued at $1.67 million, while Archon Capital Management LLC trimmed its holdings by 10,000 shares, settling at 140,000 shares worth about $1.58 million.
Insider Buying and Selling at Coda Octopus Group, Inc.
On March 11, 2026, Emerson John Steven sold 86,254 shares at an average price of $14.95, and an additional 100,000 shares with the price unspecified. Interim CFO Gayle Michelle Jardine sold 2,256 shares on March 19, 2026, at an average price of $12.59. Earlier, on October 2, 2025, Niels Sondergaard sold 150,000 shares at $8.15 per share.
Analysts Set New Price Targets
On June 18, 2026, Freedom Broker upgraded CODA to a buy rating with a price target of $14. Previously, Alliance Global Partners maintained their buy ratings with various targets, including $9.00 on June 12, 2024, and $12.00 on June 14, 2023.
About CODA
CODA operates in the technology sector, focusing on providing innovative solutions in its field. The company is known for its commitment to advancing technology and improving customer experiences. It continues to expand its market presence and develop new products to meet the evolving needs of its clients.
Bottom Line
Freedom Broker's upgrade of CODA to a buy rating with a $14 target reflects growing confidence in the company's potential. Investors often track such changes to gauge market sentiment and potential stock performance. As always, it's important to remember that these ratings are based on past performance and projections, and not necessarily indicative of future results.
$CODA price target
Coda Octopus Group, Inc. daily closes and this analyst's $14 target. Not advice.
Source: Freedom Broker's rating change on $CODA (Jun 18, 2026). Written by software, not financial advice. How we make alerts
