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ODP Stockholders Approve Merger with ACR Ocean Resources

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ODP Stockholders Approve Merger with ACR Ocean Resources

TipRanks Cyber Monday Sale

ODP ( (ODP) ) has issued an update.

On December 5, 2025, ODP Corporation held a special meeting where stockholders approved the merger agreement with ACR Ocean Resources LLC and Vail Holdings 1, Inc. The merger will result in ODP becoming a wholly owned subsidiary of ACR Ocean Resources. The merger is expected to close on December 10, 2025, leading to the delisting of ODP’s common stock from the Nasdaq Global Select Market.

The most recent analyst rating on (ODP) stock is a Hold with a $28.00 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 is primarily influenced by its challenging financial performance, with declining revenues and profitability pressures. Despite strong technical indicators suggesting bullish momentum, the high P/E ratio and lack of dividend yield raise valuation concerns. The earnings call provided some positive insights into strategic execution and cash flow improvements, but these were overshadowed by revenue declines and retail segment challenges.

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

More about ODP

ODP Corporation operates in the office supplies industry, providing a range of products and services primarily focused on office solutions and business services.

Average Trading Volume: 1,090,880

Technical Sentiment Signal: Hold

Current Market Cap: $842.4M

For a thorough assessment of ODP stock, go to TipRanks’ Stock Analysis page.

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