OceanPal Inc. (SVRN) AI Stock Analysis
SVRN AI stock analysis summary
AI ResearchSVRN, Inc. (formerly OceanPal Inc.) focuses on developing infrastructure for the agentic economy and managing a digital asset treasury anchored by NEAR. In FY2025, revenue declined 45.1% to $14.1M while net income dropped to -$65.2M. SVRN trades at an enterprise value of $30.4M and maintains cash and short-term investments of $33.2M.
- Market cap
- $65.7M
- Revenue (TTM)
- $13.4M
- P/E
- —
- 1Y return
- -9.2% S&P 500 16.8%
- Avg. target
- —
Bull case
- SVRN generated a year-to-date return of 62.3% and closed 152.6% above its 200-day average at $35.05.
- The balance sheet maintains $33.2M in cash and short-term investments alongside a liquid current ratio of 13.35.
- The stock trades at a price-to-book multiple of 0.4x relative to shareholders' equity of $156.6M.
Bear case
- Annual net losses deepened significantly to -$65.2M in FY2025 with an operating margin of -202.8%.
- Revenue fell 45.1% in FY2025 to $14.1M, followed by a 37.4% year-over-year decline in the latest quarter.
- The 5-year share count change reached 1327.4%, reflecting substantial historical equity dilution.
What OceanPal does
SVRN, Inc. engages in developing and driving adoption of the infrastructure behind the agentic economy. It helps individuals control their assets, their data, and the AI agents that act on their behalf. The company manages a digital asset treasury anchored by NEAR, driving commercial adoption of NEAR's products, and backing, building, and acquiring ventures that serve its mission. Formerly known as OceanPal Inc., the company changed its name to SVRN, Inc. in August 2026. Incorporated in 2021, SVRN is headquartered in Somerville, Massachusetts.
Growth and profitability
SVRN achieved a 5-year revenue CAGR of 8.4% from FY2020 to FY2025. After growing 35.6% to $25.7M in FY2024, revenue contracted 45.1% to $14.1M in FY2025. Annual profitability worsened over this period, with gross margin dropping from 9.0% in FY2024 to -9.9% in FY2025, operating margin falling from -70.2% to -202.8%, and net income decreasing from -$17.9M to -$65.2M. For the trailing twelve months ended December 31, 2025, revenue stood at $13.4M, with quarterly revenue growth falling 37.4% year-over-year. TTM operating margin was -286.9% and EPS was -$181.80.
Balance sheet and cash flow
As of December 31, 2025, SVRN held $33.2M in cash and short-term investments, supporting a current ratio of 13.35. Total assets were $165.5M against shareholders' equity of $156.6M. Operating cash flow was -$3.5M in FY2024, leading to free cash flow of -$22.4M after capital expenditures of $18.9M. In FY2024, dividends paid totaled $1.6M. Over the 5-year period, the share count change was 1327.4%.
Valuation and performance
SVRN carries a market cap of $65.7M and an enterprise value of $30.4M. Its price-to-sales multiple of 4.9x stands above the 3.2x median of its US-listed Financial Services peers, while its price-to-book ratio is 0.4x and EV-to-revenue is 2.1x. The stock closed at $35.05 on October 16, 2026, which is 152.6% above its 200-day average. Over the past year, SVRN fell 9.2%, trailing the S&P 500 return of 16.8%, although it generated a year-to-date return of 62.3%.
What analysts expect
SVRN currently has no published analyst coverage, including rating counts, consensus price targets, or formal earnings estimates. No historical earnings surprise track record or upcoming quarterly earnings announcement dates are provided for the company. Without analyst earnings projections or price targets relative to the last closing price of $35.05, retail investors must rely on published financial statements and regulatory filings to assess forward financial performance and strategic execution.
Key risks and what to watch
- Gross margin turned negative at -9.9% in FY2025, highlighting operational cost pressures relative to revenue.
- Free cash flow was -$22.4M in FY2024, indicating continued operating cash burn and capital commitments.
- Institutional ownership is limited at 2.8%, while short interest stands at 3.7% of float.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this SVRN AI stock analysis
This page is an AI-written research summary of OceanPal Inc. (SVRN). 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: SVRN income statement, SVRN balance sheet, SVRN key metrics, SVRN chart. See the SVRN stock overview for the latest quote and news.
SVRN AI stock analysis FAQ
What does SVRN do?
SVRN, Inc., formerly OceanPal Inc., builds infrastructure for the agentic economy, manages a digital asset treasury anchored by NEAR, and backs ventures that promote user control of data and AI agents.
Does SVRN pay a dividend?
SVRN paid $1.6M in dividends in FY2024, but there is no active dividend policy or yield reported as of October 16, 2026.
How much cash does SVRN hold?
As of December 31, 2025, SVRN held $33.2M in cash and short-term investments, with a current ratio of 13.35 and total shareholders' equity of $156.6M.
What was SVRN's revenue growth in FY2025?
SVRN generated $14.1M in revenue in FY2025, representing a 45.1% decline compared to $25.7M generated in FY2024.