Odyssey Marine Exploration, Inc. (OMEX)

OMEX Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for OMEX stock has a target of 7.50, which predicts an increase of 105.48% from the current stock price of 3.65.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.50	$7.50	$7.50	$7.50
Change	+105.48%	+105.48%	+105.48%	+105.48%

* Price targets were last updated on Aug 16, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for OMEX is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	1	1	1	1	1
Buy	0	0	0	0	0
Hold	0	0	0	0	0
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Albanese EF Hutton	EF Hutton	Strong Buy Reiterates $7.5	Strong Buy	Reiterates	$7.5	+105.48%	Aug 16, 2023
Michael Albanese EF Hutton	EF Hutton	Strong Buy Reiterates $7.5	Strong Buy	Reiterates	$7.5	+105.48%	Apr 5, 2023
Michael Albanese EF Hutton	EF Hutton	Strong Buy Reiterates $7.5	Strong Buy	Reiterates	$7.5	+105.48%	Mar 14, 2023
Michael Albanese EF Hutton	EF Hutton	Strong Buy Initiates $7.5	Strong Buy	Initiates	$7.5	+105.48%	Jun 16, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

1.02M

Decreased by -23.58%

from 1.33M

Revenue Next Year

n/a

from 1.02M

EPS This Year

-0.95

from -1.34

EPS Next Year

n/a

from -0.95

Year	2018	2019	2020	2021	2022	2023
Revenue	3.28M	3.07M	2.04M	921.24K	1.33M	1.02M
Revenue Growth	162.38%	-6.19%	-33.67%	-54.80%	44.88%	-23.58%
EPS	-0.60	-1.12	-1.41	-0.75	-1.34	-0.95
EPS Growth	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2023
High	1.1M
Avg	1.0M
Low	980,000

Revenue Growth

Revenue Growth	2023
High	-21.3%
Avg	-23.6%
Low	-26.6%

EPS Forecast

EPS	2023
High	-0.98
Avg	-0.95
Low	-0.91

EPS Growth

EPS Growth	2023
High	-
Avg	-
Low	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.