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Atlas Holdings Completes Acquisition of ODP Corporation

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Atlas Holdings Completes Acquisition of ODP Corporation

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An update from ODP ( (ODP) ) is now available.

On December 10, 2025, Atlas Holdings completed the acquisition of The ODP Corporation in an all-cash transaction valued at approximately $1 billion. Following the merger, ODP’s common stock was delisted from NASDAQ, and the company became a private entity. Craig Gunckel was appointed as the new CEO, succeeding Gerry P. Smith, and will lead ODP’s retail and B2B distribution network in North America. The acquisition marks a new chapter for ODP, with a focus on its core businesses and a strategy aimed at sustainable, profitable growth under Atlas Holdings’ ownership.

The most recent analyst rating on (ODP) stock is a Hold with a $29.00 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 reflects a challenging financial environment with declining revenues and profitability issues. The technical analysis shows positive momentum, but valuation concerns due to a high P/E ratio and legal uncertainties surrounding the merger weigh heavily on the score.

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

More about ODP

The ODP Corporation is a leading provider of products, services, and technology solutions through an integrated business-to-business (B2B) distribution platform and omnichannel presence, which includes supply chain and distribution operations, sales professionals, online presence, and a network of Office Depot and OfficeMax retail stores.

Average Trading Volume: 1,151,289

Technical Sentiment Signal: Hold

Current Market Cap: $843M

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

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