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Odyssey Marine Exploration
(NASDAQ:OMEX)
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Rating:44Neutral
Price Target:
$0.87
▼(-3.00% Downside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by very weak financial performance (shrinking TTM revenue, deep losses, negative equity, and severe TTM cash burn). Technicals show only a tentative near-term rebound versus a still-weak longer-term trend, while valuation is constrained by negative earnings and no dividend support. Corporate events add downside risk due to Nasdaq bid-price deficiency and potential dilution, partially offset by steps (reverse split) aimed at maintaining listing compliance.
Positive Factors
Specialized Seabed Mineral Focus
Its focus on seabed phosphate and related minerals, supported by marine surveying and resource evaluation, gives the company specialized exposure to an offshore resource niche. Value can scale if projects secure permits, partners and development funding.
Negative Factors
Declining Revenue and Deep Losses
Declining and volatile revenue, combined with deeply negative operating and net earnings, shows that the business has not established durable commercial scale. Continued losses could constrain project investment, weaken counterparties’ confidence and increase reliance on financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Specialized Seabed Mineral Focus
Its focus on seabed phosphate and related minerals, supported by marine surveying and resource evaluation, gives the company specialized exposure to an offshore resource niche. Value can scale if projects secure permits, partners and development funding.
Read all positive factors
Odyssey Marine Exploration (OMEX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$54.61M
Dividend YieldN/A
Average Volume (3M)3.40M
Price to Earnings (P/E)―
Beta (1Y)2.64
Revenue Growth-70.31%
EPS Growth-348.06%
CountryUS
Employees12
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)N/A
Shares Outstanding58,691,387
10 Day Avg. Volume6,278,687
30 Day Avg. Volume3,396,252
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-2.04
Price to Sales (P/S)217.52
P/FCF Ratio-8.68
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Odyssey Marine Exploration Business Overview & Revenue Model
Company Description
Odyssey Marine Exploration, Inc., together with its subsidiaries, discovers, validates, and develops seafloor mineral resources. The company explores for polymetallic nodules for battery metals, subsea phosphate deposits for fertilizers, and gold ...
How the Company Makes Money
Odyssey’s revenue model is based on monetizing ocean-related mineral and survey capabilities, primarily through (1) developing and holding interests in offshore mineral projects and (2) providing marine survey and related services when applicable....
Odyssey Marine Exploration Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
3
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Dec 2023 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 184.07K | 353.72K | 768.68K | 803.80K | 1.33M | 921.24K |
| Gross Profit | -2.07M | -2.53M | -2.34M | -3.49M | -8.43M | -8.63M |
| EBITDA | -37.20M | -43.46M | 12.97M | 1.58M | -27.27M | -5.14M |
| Net Income | -39.44M | -43.09M | 15.66M | 5.35M | -22.08M | -9.96M |
Balance Sheet | ||||||
| Total Assets | 13.24M | 15.84M | 18.49M | 22.75M | 13.87M | 8.91M |
| Cash, Cash Equivalents and Short-Term Investments | 2.35M | 3.52M | 4.79M | 4.02M | 1.44M | 2.27M |
| Total Debt | 9.78M | 5.00M | 22.94M | 23.45M | 22.71M | 42.36M |
| Total Liabilities | 93.16M | 91.38M | 97.58M | 108.66M | 102.55M | 71.40M |
| Stockholders Equity | -41.74M | -37.65M | -16.24M | -32.48M | -44.48M | -26.03M |
Cash Flow | ||||||
| Free Cash Flow | -4.68B | -8.87M | 557.99K | -11.52M | -11.69M | -5.44M |
| Operating Cash Flow | -4.68B | -8.85M | 642.34K | -10.17M | -10.21M | -5.43M |
| Investing Cash Flow | -173.61K | -173.61K | -84.35K | -1.03M | -2.48M | 322.99K |
| Financing Cash Flow | 4.92B | 7.75M | 212.03K | 13.78M | 11.86M | 1.21M |
Odyssey Marine Exploration Technical Analysis
Neutral
0.90
Price Trends
0.79
Positive
0.92
Negative
1.37
Negative
Market Momentum
0.04
Negative
57.71
Neutral
60.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OMEX, the sentiment is Neutral. The current price of 0.9 is above the 20-day moving average (MA) of 0.83, above the 50-day MA of 0.79, and below the 200-day MA of 1.37, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 57.71 is Neutral, neither overbought nor oversold. The STOCH value of 60.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for OMEX.
Odyssey Marine Exploration Risk Analysis
Odyssey Marine Exploration disclosed 38 risk factors in its most recent earnings report. Odyssey Marine Exploration reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Odyssey Marine Exploration Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $734.18M | 20.09 | 15.09% | 2.34% | 2.06% | 49.36% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | $439.14M | -17.08 | -2.81% | ― | 12.33% | -160.91% | |
53 Neutral | $346.39M | -28.58 | -7.82% | ― | 8.01% | 51.71% | |
44 Neutral | $54.61M | -1.06 | 100.12% | ― | -70.31% | -348.06% | |
41 Neutral | $19.82M | -0.16 | -333.08% | ― | -42.93% | -17.25% | |
41 Neutral | $20.03M | -8.26 | -10.56% | ― | 4.92% | -22.39% |
* Basic Materials Sector Average
OMEX
Odyssey Marine Exploration
0.90
-1.16
-56.17%
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4.49
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SST
System1
1.85
-5.56
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0.52
-1.24
-70.28%
Odyssey Marine Exploration Corporate Events
Business Operations and StrategyDelistings and Listing ChangesM&A TransactionsRegulatory Filings and ComplianceShareholder MeetingsStock Split
Odyssey Marine faces Nasdaq listing deficiency before merger
Negative
Jul 24, 2026
On July 21, 2026, Odyssey Marine Exploration, Inc. disclosed that it had received notice from Nasdaq that its shares had failed to meet the $1.00 minimum bid price requirement for 30 consecutive business days, triggering a 180-day window until Jan...
Business Operations and StrategyExecutive/Board ChangesShareholder MeetingsStock Split
Odyssey Marine Shareholders Approve Reverse Split, Governance Actions
Positive
Jun 3, 2026
On June 1, 2026, Odyssey Marine Exploration, Inc. held its Annual Meeting of Stockholders, at which shareholders elected five directors, including CEO Mark D. Gordon, to serve until the next annual meeting. Stockholders also gave advisory approval...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.