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ODP Awaits Stockholder Approval for Atlas Merger

Story Highlights
  • The ODP Corporation entered a merger agreement on September 22, 2025.
  • The merger awaits stockholder approval and other conditions after the antitrust waiting period expired.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ODP Awaits Stockholder Approval for Atlas Merger

Meet Your ETF AI Analyst

ODP ( (ODP) ) has issued an update.

On September 22, 2025, The ODP Corporation, a Delaware corporation, entered into a merger agreement with ACR Ocean Resources LLC and Vail Holdings 1, Inc., both affiliated with Atlas Holdings LLC. The merger’s completion is contingent upon several conditions, including the expiration of the Hart-Scott-Rodino Antitrust Improvements Act waiting period, which concluded on November 6, 2025. The merger’s closing is still subject to approval by the majority of the company’s stockholders and other customary conditions.

The most recent analyst rating on (ODP) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on ODP stock, see the ODP Stock Forecast page.

Spark’s Take on ODP Stock

According to Spark, TipRanks’ AI Analyst, ODP is a Neutral.

ODP’s overall stock score is primarily influenced by its challenging financial performance, with declining revenues and profitability pressures. Despite strong technical indicators suggesting bullish momentum, the high P/E ratio and lack of dividend yield raise valuation concerns. The earnings call provided some positive insights into strategic execution and cash flow improvements, but these were overshadowed by revenue declines and retail segment challenges.

To see Spark’s full report on ODP stock, click here.

More about ODP

Average Trading Volume: 898,788

Technical Sentiment Signal: Hold

Current Market Cap: $839M

For an in-depth examination of ODP stock, go to TipRanks’ Overview page.

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