Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Off The Hook YS Inc. ( (OTH) ) just unveiled an announcement.
Off The Hook YS Inc. reported record first-quarter 2026 revenue of $29.8 million on May 14, 2026, a 9.6% increase year on year, driven by higher pre-owned boat sales and an expanded broker network. The company sold a first-quarter record 127 boats, lifted full-year 2026 revenue guidance to $165 million–$170 million, and noted that growth has continued into the second quarter despite a seasonally slow period.
Management highlighted a sharp 31.8% increase in pre-owned boat revenue and an 18.5% rise in gross profit to $3.2 million, even as new boat sales and finance income declined amid margin compression and weaker demand for new units. On May 13, 2026, Off The Hook completed its acquisition of South Florida–based Apex Marine, a move expected to strengthen its storage, service and resale infrastructure, reduce outsourced service costs, and support higher transaction volumes as it scales its national recreational marine platform.
The most recent analyst rating on (OTH) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Off The Hook YS Inc. stock, see the OTH Stock Forecast page.
Spark’s Take on OTH Stock
According to Spark, TipRanks’ AI Analyst, OTH is a Neutral.
The score is held down primarily by weak financial quality—high leverage, a very thin equity base, and persistently negative (and worsening) operating/free cash flow despite revenue growth. Technicals are neutral-to-mildly supportive, and corporate updates are positive (partnerships, financing expansion, buyback), but they do not offset the near-term balance-sheet and cash-flow risk.
To see Spark’s full report on OTH stock, click here.
More about Off The Hook YS Inc.
Off The Hook YS Inc., which trades as Off the Hook Yachts, operates a vertically integrated marine marketplace and is the largest buyer and seller of used boats in the United States. The Wilmington, N.C.–based company focuses on brokerage, wholesale inventory acquisition, financing through its Azure Funding arm, and a premier brokerage division targeting the recreational marine market.
The firm is building a national platform that combines technology-enabled boat transactions with physical infrastructure for storage, service and resale. Its strategy emphasizes expanding its broker network and facilities in key boating regions, with a particular emphasis on high-activity markets such as South Florida, to support higher transaction volumes and improved inventory turns.
Average Trading Volume: 70,092
Technical Sentiment Signal: Strong Sell
See more data about OTH stock on TipRanks’ Stock Analysis page.