Odyssey Marine Exploration, Inc. (OMEX) AI Stock Analysis

Headquartered in Tampa, Florida, Odyssey Marine Exploration, Inc., along with its subsidiaries, specializes in the exploration, validation, and development of seafloor resources on a global scale. Established in 1986, the company offers marine services and mineral exploration solutions, including resource assessment, project planning, detailed research, and project management. Odyssey Marine Exploration works across international waters to discover and validate mineral resources beneath the ocean floor. The company collaborates with clients to tailor solutions for specific mineral exploration projects and marine resource management initiatives.

Odyssey Marine Exploration saw revenue move from $921,238 in FY2021 to $1.3M in FY2022, before dropping to $803,799 in FY2023, $768,677 in FY2024, and $353,719 in FY2025, yielding a 5-year revenue CAGR of -29.6%. Operating margin worsened from -1622.9% in FY2021 to -3797.1% in FY2025. While net income was positive at $5.3M in FY2023 and $15.7M in FY2024, net loss reached -$43.1M in FY2025 with a net margin of -12180.6%. For the trailing twelve months ended June 30, 2026, revenue stood at $184,074 with an operating margin of -9875.3% and EPS of -$0.81, as quarterly revenue fell 42.3% year-over-year.

As of June 30, 2026, Odyssey Marine Exploration held $2.3M in cash and short-term investments against total debt of $9.8M, resulting in net debt of $7.4M. Total assets were $13.2M, while shareholders' equity was -$41.7M and the current ratio stood at 0.12. Operating cash flow in FY2025 was -$8.8M and free cash flow was -$8.9M, with capital expenditures of $16,098. Over 5 years, the company's share count increased 309.4%.

At a closing price of $0.64 on October 16, 2026, Odyssey Marine Exploration held a market cap of $37.6M and an enterprise value of $51.6M. The stock trades at a price-to-sales ratio of 204.1x and an EV to revenue multiple of 272.3x, compared to the median of its US-listed Basic Materials peers of 1.8x price-to-sales. Its forward P/E is 21.6x versus 13.4x for the peer median. Over the trailing 1-year period, OMEX returned -80.3% compared to a 16.8% return for the S&P 500 (SPY), and returned -89.7% over 5 years against 83.0% for SPY.

Wall Street analysts have set a mean price target of $7.50 for Odyssey Marine Exploration, representing a target versus last close of 1071.9% relative to its $0.64 price. The company registered 0 EPS beats over the last 4 quarters. Odyssey Marine Exploration's next earnings date is scheduled for November 11, 2026.

This page is an AI-written research summary of Odyssey Marine Exploration, Inc. (OMEX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: OMEX income statement, OMEX balance sheet, OMEX key metrics, OMEX chart. See the OMEX stock overview for the latest quote and news.