CODA (Coda Octopus Group) Shares Outstanding (EOP): 11.28 Mil (As of Apr. 2026)


CODA Coda Octopus Group Inc CODA
89 GF Score
Price $9.78
GF Value $10.12
Valuation Fairly Valued
! 1 Warning Sign
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What is Coda Octopus Group Shares Outstanding (EOP)?

Coda Octopus Group CODA +2.30% 89 Shares Outstanding (EOP) is 11.28 Mil as of Apr. 2026. GuruFocus rates CODA with a GF Score™ of 89/100 and a GF Value™ of $10.12 (Fairly Valued). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Coda Octopus Group's shares outstanding for the quarter that ended in Apr. 2026 was 11.28 Mil.

Coda Octopus Group's quarterly shares outstanding increased from Jan. 2026 (11.27 Mil) to Apr. 2026 (11.28 Mil). It means Coda Octopus Group issued new shares from Jan. 2026 to Apr. 2026 .

Coda Octopus Group's annual shares outstanding increased from Oct. 2024 (11.20 Mil) to Oct. 2025 (11.27 Mil). It means Coda Octopus Group issued new shares from Oct. 2024 to Oct. 2025 .


Coda Octopus Group  (NAS:CODA) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Coda Octopus Group Shares Outstanding (EOP) Related Terms


Coda Octopus Group Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Coda Octopus Group's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Coda Octopus Group Shares Outstanding (EOP) Chart

Coda Octopus Group Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.86 10.92 11.12 11.20 11.27

Coda Octopus Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.23 11.25 11.27 11.27 11.28

CODA vs VWAV, HOVR, OPXS: Shares Outstanding (EOP) Comparison

For the Aerospace & Defense subindustry, Coda Octopus Group's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coda Octopus Group Shares Outstanding (EOP) vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Coda Octopus Group's Shares Outstanding (EOP) falls into.


CODA
89GF Score
Coda Octopus Group Inc CODA
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Coda Octopus Group Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 11.28 Mil mean?
Coda Octopus Group (CODA) has a Shares Outstanding (EOP) of 11.28 Mil as of Apr. 2026. The total shares a company has outstanding, at period-end. View historical data on Coda Octopus Group and its competitors.
Is Coda Octopus Group's Shares Outstanding (EOP) too high?
Coda Octopus Group's current Shares Outstanding (EOP) is 11.28 Mil. Overall, Coda Octopus Group has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coda Octopus Group's Shares Outstanding (EOP) compare to VWAV and HOVR?
Coda Octopus Group's Shares Outstanding (EOP) of 11.28 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Aerospace & Defense company?
A good Shares Outstanding (EOP) depends on the Aerospace & Defense industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Coda Octopus Group and its competitors. Coda Octopus Group's current Shares Outstanding (EOP) is 11.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coda Octopus Group stock overvalued right now?
Based on GuruFocus' analysis, Coda Octopus Group (CODA) is currently considered Fairly Valued. The stock's GF Value™ is $10.12, compared to a current price of $9.78 — trading 3.4% below its estimated fair value. The current Shares Outstanding (EOP) is 11.28 Mil. Coda Octopus Group's overall GF Score™ is 89/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Coda Octopus Group (CODA), the current Shares Outstanding (EOP) is 11.28 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Coda Octopus Group (CODA) Overvalued in 2026?

Based on GuruFocus' analysis, Coda Octopus Group stock appears to be undervalued. The current stock price of $9.78 is trading 3.4% below its estimated GF Value™ of $10.12. GuruFocus considers Coda Octopus Group to be Fairly Valued.

Key valuation signals for CODA:

  • Shares Outstanding (EOP): 11.28 Mil
  • GF Value™: $10.12 vs. price of $9.78 (3.4% below fair value)
  • GF Score™: 89/100 with 1 warning sign

No single metric tells the full story. See the CODA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coda Octopus Group Business Description

Address 3300 S Hiawassee Road, Suite 104-105, Orlando, FL, USA, 32835
Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. The company operates in three distinct business segments: the Marine Technology business, Acoustic Sensors and Material Business and the Defense Engineering Services Business. Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Products segment.
89GF Score

Get the complete analysis for CODA

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.78
Price
$10.12
GF Value