XASE • Industrials

TOP Ships Inc. (TOPS)

Deep Sea Foreign Transportation of Freight · 1, VASSILISSIS SOFIAS STR. & MEG., ALEXANDROU STR., MAROUSSI, 151 24

XASEstockActive listing
0.42
-0.03 (-7.42%)
Quote updated 10/19/2026, 4:00:00 AM
Previous close0.45
Open0.46
Day range0.41 – 0.46
52-week range0.41 – 7.40
Volume251,251
Market cap2.3M
PRICE HISTORY

Stock price history and performance

Daily closing prices from the stored market history.

250 sessions
$7$5$3$2$-0Oct 21Apr 21Oct 19
STOCK RESEARCH · EDITORIAL ANALYSIS

TOP Ships Inc. (TOPS): Investment Research & Business Outlook

A research-led explanation of the company, its financial evidence, valuation context and risks—not just a list of market numbers.

Research note

What the available evidence tells us

The latest stored quote for TOP Ships Inc. (TOPS) is 0.42, timestamped 10/19/2026, 4:00:00 AM. A quote is a point-in-time observation; it does not, by itself, explain why the price moved or establish whether the shares are attractive.

Business and financial quality

TOP Ships Inc owns tanker vessels throughout the world. The Company is an international owner and operator of modern, fuel-efficient eco-tanker vessels, focusing on the transportation of crude oil, petroleum products (both clean and dirty), and bulk liquid chemicals. It generates revenue from the Time Charter agreements. The company operates in two reportable segments: (i) the tanker segment and (ii) the megayacht segment. Stored fundamentals include 19 usable headline metrics. These should be read across several reporting periods and compared with peers before drawing a conclusion about business quality.

Valuation: context matters

A usable trailing P/E value is not currently stored. Without a verified valuation metric and a relevant comparison set, this page does not label the shares cheap or expensive.

Price trend and quantitative outlook

The chart is based on 250 stored daily price observations. Historical performance describes what happened over that period; it is not a guarantee of future returns. The current stored quantitative model signal is “bearish”. Treat model outputs as scenarios with uncertainty, not as certain targets or personalized advice.

Key risks and what to watch next

Risk records exist for this company; review the risk and performance section below for the available volatility, drawdown and risk-adjusted measures. The next useful evidence to review is the company’s next reported financial results, changes in forward estimates, and primary-source disclosures.

Editorial integrity: this summary uses fields available in the current database. Missing evidence is called out rather than filled with invented facts.

What the numbers mean for investors

Business quality

A reliable revenue-growth reading is not available or is not positive in the latest stored snapshot. Review multiple reporting periods before judging the growth trajectory.

Profitability

Margin data is incomplete. Revenue alone cannot show whether the company converts sales into sustainable profit.

Valuation

A usable P/E value is not stored. Avoid calling the shares cheap or expensive until earnings and valuation data can be verified.

Price trend

The latest quote can be compared with the 20-, 50- and 200-day moving averages (0.56, 0.69, and 2.20). Moving averages describe trend, not intrinsic value, and can lag sudden market changes.

Bull case, bear case and evidence to watch

Bull case

The bullish case needs confirmation from reported revenue growth, cash generation, and future company disclosures; the current snapshot does not establish those conditions together.

Bear case

Potential downside still includes weaker demand, margin compression, competition, execution issues, or a broad market sell-off. Company-specific evidence is needed to quantify these risks.

What to watch next

Track the next earnings release, changes in revenue and margin trends, cash flow, management guidance, analyst estimate revisions, and primary-source filings. Update the thesis when new evidence arrives rather than relying on one ratio or forecast.

These interpretations are rule-based explanations of the stored fields, not independently verified company-specific forecasts. Missing data is not treated as zero; all investment cases remain conditional on new evidence.

US Market AI Research Desk · Data/research timestamp: Oct 19, 2026 · Methodology & disclaimer
QUANTITATIVE RESEARCH

Stock forecast and analysis: price outlook

Forecasts are model outputs, not promises or personalized investment advice.

bearish
HorizonModel targetExpected changeSignalConfidence score
24H0.41-1.75%bearish79
7D0.39-6.55%bearish79
30D0.35-16.00%bearish79
90D0.31-25.00%bearish79

Long-term model scenarios

Latest stored scenario per future target year. Bear, base and bull prices are model scenarios, not guaranteed targets. The relative model score is not a calibrated probability; uncertainty rises materially for distant years.

Target yearBase caseBear caseBull caseExpected CAGRRelative model scoreSignal
20270.530.530.54-1.3%62long-term-neutral
20300.550.530.590.36%61long-term-neutral
20350.650.590.752.05%60long-term-positive
20400.810.681.002.96%58long-term-positive
20501.290.921.833.7%52long-term-positive
COMPANY FUNDAMENTALS

Financial performance and company fundamentals

Reported fields from the current fundamentals snapshot.

Operating income26.28MInterpret alongside the company’s history, sector peers, reporting period and data source.
EBIT26.28MInterpret alongside the company’s history, sector peers, reporting period and data source.
Cash & equivalents20.37MInterpret alongside the company’s history, sector peers, reporting period and data source.
Total assets333.61MInterpret alongside the company’s history, sector peers, reporting period and data source.
Total liabilities244.42MInterpret alongside the company’s history, sector peers, reporting period and data source.
Total debt11.82MInterpret alongside the company’s history, sector peers, reporting period and data source.
Shareholders equity89.19MInterpret alongside the company’s history, sector peers, reporting period and data source.
Current assets24.05MInterpret alongside the company’s history, sector peers, reporting period and data source.
Current liabilities39.55MInterpret alongside the company’s history, sector peers, reporting period and data source.
Operating cash flow26.43MInterpret alongside the company’s history, sector peers, reporting period and data source.
Free cash flow26.43MCash remaining after operating needs and capital expenditure; can support investment or shareholder returns.
Return on invested capital+32.59%How effectively the business earns returns on capital used in operations.
Return on capital employed+8.94%Interpret alongside the company’s history, sector peers, reporting period and data source.
Debt / equity0.13Debt relative to shareholder equity; definitions may vary by data provider.
Price / book0.03Interpret alongside the company’s history, sector peers, reporting period and data source.
Price / FCF0.09Interpret alongside the company’s history, sector peers, reporting period and data source.
Shares outstanding4,626,197Interpret alongside the company’s history, sector peers, reporting period and data source.
Book value / share19.28Interpret alongside the company’s history, sector peers, reporting period and data source.
FCF / share5.71Interpret alongside the company’s history, sector peers, reporting period and data source.
Market cap2.3MMarket value of outstanding shares, not the same as enterprise value.
52-week high7.40Highest stored price over the rolling year; not a fair-value estimate.
52-week low0.41Lowest stored price over the rolling year; not a support guarantee.
Average volume251,251Typical shares traded; helps assess liquidity but can change around events.
TECHNICALS

Technical indicators

Latest stored daily indicator snapshot; unavailable indicators are omitted.

Oct 20, 2026
RSI (14)23.28Momentum oscillator from 0–100; extreme readings are context, not automatic buy/sell signals.
SMA 200.56Average closing price over about 20 trading sessions; a short-term trend reference.
SMA 500.69Average closing price over about 50 sessions; often used to assess medium-term direction.
SMA 1000.76Interpret alongside the company’s history, sector peers, reporting period and data source.
SMA 2002.20Average closing price over about 200 sessions; a longer-term trend reference.
EMA 200.54Interpret alongside the company’s history, sector peers, reporting period and data source.
EMA 500.67Interpret alongside the company’s history, sector peers, reporting period and data source.
EMA 2002.22Interpret alongside the company’s history, sector peers, reporting period and data source.
MACD-0.08Interpret alongside the company’s history, sector peers, reporting period and data source.
MACD signal-0.07Interpret alongside the company’s history, sector peers, reporting period and data source.
MACD histogram-0.01Difference between MACD and its signal line; sign and changes indicate momentum shifts.
Bollinger upper0.78Interpret alongside the company’s history, sector peers, reporting period and data source.
Bollinger middle0.56Interpret alongside the company’s history, sector peers, reporting period and data source.
Bollinger lower0.34Interpret alongside the company’s history, sector peers, reporting period and data source.
Stochastic1.55Interpret alongside the company’s history, sector peers, reporting period and data source.
Stochastic signal9.149932345640366Interpret alongside the company’s history, sector peers, reporting period and data source.
Williams %R-98.45Interpret alongside the company’s history, sector peers, reporting period and data source.
CCI-94.15Interpret alongside the company’s history, sector peers, reporting period and data source.
MFI3.95Interpret alongside the company’s history, sector peers, reporting period and data source.
ROC-24.77%Interpret alongside the company’s history, sector peers, reporting period and data source.
OBV147.14MInterpret alongside the company’s history, sector peers, reporting period and data source.
Momentum-22.44Interpret alongside the company’s history, sector peers, reporting period and data source.
Volatility+108.07%Interpret alongside the company’s history, sector peers, reporting period and data source.
ATR0.04Average true range estimates recent price movement size, not direction.
ADX50.04Measures trend strength, not whether the trend is bullish or bearish.
Support level0.41Interpret alongside the company’s history, sector peers, reporting period and data source.
Resistance level1.29Interpret alongside the company’s history, sector peers, reporting period and data source.
TrendbearishInterpret alongside the company’s history, sector peers, reporting period and data source.
REPORTED RESULTS

Financial statements, earnings history and estimate revisions

Recent normalized financial statement records.

Showing up to 60 recent statement records. Reported periods and statement types are preserved; blank values are not estimated. Contradictory zero sentinels are withheld instead of presented as verified facts.

PeriodStatementFiscal periodBasisRevenueCost of revenueGross profitOperating incomeNet incomeBasic EPSDiluted EPSCashTotal assetsTotal liabilitiesDebtEquityOperating cash flowCapexFree cash flowSource
Dec 31, 2025balance sheetFY-2025annual———————20.37M333.61M244.42M11.82M89.19M———3spread
Dec 31, 2025cash flowFY-2025annual————————————26.43M——3spread
Dec 31, 2025income statementFY-2025annual———26.28M———————————3spread

Financial metric history

PeriodRevenue growthGross marginOperating marginNet marginROEROIC
Dec 31, 2025—————+32.59%

Earnings history

These are SEC-reported financial facts grouped by fiscal period. The displayed date is the SEC filing/observation date, not a verified earnings announcement or release date. Use the company’s investor-relations calendar for confirmed earnings-release timing.

SEC filing / observation dateFiscal periodEPS reportedEPS estimateRevenue reportedRevenue estimate
Apr 1, 2026FY0.67———
Apr 14, 2025FY1.09———
Mar 29, 2024FY-12.44———
Apr 3, 2023FY-3.03———
Apr 15, 2022FY——56.37M—
Apr 23, 2021FY——60.22M—
VALUATION

Stock valuation: P/E, forward P/E and multiples

Multiples shown only when the database has a usable value.

Price / book0.03
Enterprise value-6.25M

Peer comparisons are withheld until a comparable industry group and a reliable peer set are verified.

LATEST DEVELOPMENTS

News and company updates

Stories linked to this stock in the current database.

SHAREHOLDER RETURNS

Dividend data and payment history

Source-specific dividend records, with unavailable event dates left blank.

These are SEC-reported dividends-per-share facts. The stored date is the SEC filing/observation date, not a confirmed declaration or ex-dividend date. These records do not establish record dates or payment dates and must not be treated as a dividend payment calendar.

SEC filing / observation dateReported dividend per shareCurrencySource
Apr 26, 20160.0000USDSEC_XBRL_BULK
Apr 29, 20150.0000USDSEC_XBRL_BULK
RISK CONTEXT

Risk and performance profile

Computed risk/performance records; not a recommendation. Mathematically uninterpretable or extreme ratios are withheld rather than displayed as reliable facts.

Volatility+120.23%
Beta0.87
ATR0.1
Maximum drawdown-91.94%
Sharpe ratio-2.34
Sortino ratio-2.14
Debt / equity0.13
Current ratio0.61
1-day return-1.41%
5-day return-2.71%
1-month return-26.22%
3-month return-30.59%
6-month return-83.17%
YTD return-88.06%
1-year return-90.62%
All-time return-90.23%
RESEARCH EVIDENCE

Source data and research records

Expandable evidence tables keep the main page focused while preserving detailed data.

Institutional holders and ownership

Showing up to 50 recent holder records. Values failing a basic implied-price check are withheld, not silently corrected.

PeriodFiledHolderCIKSharesValueOwnershipShares changeChange %Source
Jun 30, 2026Aug 14, 2026Federation des caisses Desjardins du Quebec202229743———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026OSAIC HOLDINGS, INC.167704443———SEC_13F_DATASET
Jun 30, 2026Jul 15, 2026HIGHLINE WEALTH PARTNERS LLC20426542,0001.54K———SEC_13F_DATASET
Jun 30, 2026Aug 11, 2026Tower Research Capital LLC (TRC)15334211,7321.33K———SEC_13F_DATASET
Jun 30, 2026Aug 5, 2026Caitong International Asset Management Co., Ltd196335511———SEC_13F_DATASET
Jun 30, 2026Aug 13, 2026UBS Group AG161052053,70841.36K———SEC_13F_DATASET
Jun 30, 2026Jul 17, 2026Farther Finance Advisors, LLC199282522———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026JANE STREET GROUP, LLC159588810,9648.44K———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026SUSQUEHANNA INTERNATIONAL GROUP, LLP144619416,69512.86K———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026TWO SIGMA SECURITIES, LLC145014412,0239.26K———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026ROYAL BANK OF CANADA10002754————SEC_13F_DATASET
Jun 30, 2026Aug 13, 2026Virtu Financial LLC153396434,780Withheld: value fails validation———SEC_13F_DATASET
Jun 30, 2026Aug 14, 2026HRT FINANCIAL LP1475597111,596Withheld: value fails validation———SEC_13F_DATASET
Jun 30, 2026Aug 12, 2026JPMORGAN CHASE & CO1961722———SEC_13F_DATASET
Jun 30, 2026Aug 12, 2026Cetera Investment Advisers166674112,8999.93K———SEC_13F_DATASET
Dec 31, 2025Feb 13, 2026Citigroup Inc.8310011Withheld: value fails validation———SEC_13F_HR
Sep 30, 2025Nov 10, 2025Citigroup Inc.83100110Withheld: value fails validation———SEC_13F_HR
PeriodShares outstandingInstitutional ownershipInsider ownership
Jun 30, 20264,626,197+5.54%—
SEC filings

Showing up to 30 latest filings. Open the original SEC document when a URL is available.

FiledAcceptedFormDescriptionReporting periodAccessionSEC document
Oct 15, 2026—6-KFORM 6-KOct 15, 20260001171843-26-006668View filing
Oct 7, 2026—6-KFORM 6-KOct 7, 20260001171843-26-006500View filing
Oct 1, 2026—6-KFORM 6-KOct 1, 20260001171843-26-006336View filing
Sep 22, 2026—6-KFORM 6-KSep 22, 20260001171843-26-006173View filing
Sep 17, 2026—6-KFORM 6-KSep 17, 20260001171843-26-006081View filing
Sep 15, 2026—6-K6-KJun 30, 20260001140361-26-036663View filing
Aug 17, 2026—6-KFORM 6-KJul 29, 20260001171843-26-005592View filing
Jul 28, 2026—6-KFORM 6-KJul 28, 20260001171843-26-004920View filing
Jul 27, 2026—6-KFORM 6-KJul 27, 20260001171843-26-004884View filing
Jul 22, 2026—6-KFORM 6-KJul 22, 20260001171843-26-004816View filing
Jul 16, 2026—6-KFORM 6-KJul 16, 20260001171843-26-004712View filing
Jul 15, 2026—6-KFORM 6-KJul 15, 20260001171843-26-004667View filing
Jun 26, 2026—6-K6-KJun 26, 20260001140361-26-026572View filing
May 29, 2026—6-KFORM 6-KMay 29, 20260001171843-26-003792View filing
May 15, 2026—6-KFORM 6-KMay 15, 20260001171843-26-003482View filing
Apr 24, 2026—6-KFORM 6-KApr 24, 20260001171843-26-002708View filing
Apr 2, 2026—6-KFORM 6-KApr 2, 20260001171843-26-002188View filing
Apr 1, 2026—3FORM 3Mar 18, 20260001140361-26-012764View filing
Apr 1, 2026—3FORM 3Mar 18, 20260001140361-26-012732View filing
Apr 1, 2026—3FORM 3Apr 1, 20260001140361-26-012460View filing
Apr 1, 2026—3FORM 3Mar 18, 20260001140361-26-012721View filing
Apr 1, 2026—20-F20-FDec 31, 20250001140361-26-012456View filing
Apr 1, 2026—3FORM 3Mar 18, 20260001140361-26-012741View filing
Mar 10, 2026—6-KFORM 6-KMar 10, 20260001171843-26-001454View filing
Feb 23, 2026—6-KFORM 6-KFeb 23, 20260001171843-26-001000View filing
Jan 6, 2026—6-KFORM 6-KJan 6, 20260001171843-26-000088View filing
Dec 31, 2025—6-KFORM 6-KDec 31, 20250001171843-25-008139View filing
Dec 12, 2025—6-K6-KDec 12, 20250001140361-25-045383View filing
Nov 28, 2025—6-KFORM 6-KNov 28, 20250001171843-25-007655View filing
Nov 20, 2025—6-KFORM 6-KNov 20, 20250001171843-25-007483View filing
Quarterly and monthly research
PeriodResearch summary
Dec 31, 2025Latest reported fundamentals for fiscal period FY-2025. Free cash flow: $26431000.
MonthResearch summary
Oct 1, 2026Derived monthly snapshot; AI narrative pending
Data quality and provenance

This page does not fill gaps with sample data. Values shown above come from the connected market-data and research tables.

No verified records available for this section yet.
RetrievedDatasetProviderStatus
Oct 8, 2026company_profileUS Market AI / SEC-mapped universeVerified
Identifiers and model evaluation
IdentifierValueSource
cik1296484stocks.cik
tickerTOPSstocks.symbol
No verified records available for this section yet.
QUICK ANSWERS

Frequently asked questions

What is TOPS stock's current price?

The latest stored quote for TOPS is 0.42. The quote timestamp is 10/19/2026, 4:00:00 AM. Prices can change during market hours.

What is the TOPS stock forecast and analysis?

The latest available quantitative model signal is “bearish”. Review the forecast horizons alongside the company's reported financials, valuation, technical indicators and risks below; model outputs are estimates, not guarantees or personalized investment advice.

What is the TOPS stock price target?

The forecast table shows stored quantitative model outputs for the available horizons. These are model targets, not necessarily Wall Street analyst consensus; a verified consensus target is not assumed unless explicitly stored.

What is the TOPS stock price prediction for 2030?

A stored long-term model scenario for 2030 is shown in the forecast table. Long-range scenarios are highly uncertain and should be reviewed alongside the model version and assumptions.

What are the bullish and bearish views on TOPS?

A sufficiently detailed analyst-opinion dataset is not currently stored for this stock. The bull and bear cases on this page are conditional evidence-based scenarios, not attributed analyst recommendations.

What is the TOPS stock price prediction for 2026?

A verified 2026 long-term model output is not currently stored for this stock. Check the forecast section for available horizons rather than relying on an unsupported target.

Is TOPS stock overvalued or undervalued?

The database does not currently contain a usable trailing P/E value. Without verified valuation inputs and a suitable comparison set, this page cannot responsibly label the shares overvalued or undervalued.

What is TOPS's P/E ratio?

A usable trailing P/E ratio is not currently available in the stored valuation data.

What is TOPS's 52-week high and low?

The stored 52-week range is 0.41 to 7.40. This describes the recent trading range, not a forecast or a guaranteed support/resistance level.

Does TOPS pay a dividend, and what is its dividend history?

The database contains 2 SEC-reported dividends-per-share fact record(s). These do not confirm an ex-dividend date, record date or payment date and are not a payment calendar.

When is TOPS's next earnings report?

The latest SEC filing/observation date in this database is Apr 1, 2026. This is not a verified earnings announcement date or a confirmed next-report date; check company investor relations for the official calendar.

How has TOPS stock performed recently?

The price chart uses 250 stored daily observations, and the market snapshot includes the latest available quote. Use the chart to inspect the period shown; past performance does not predict future returns.

Is TOPS stock in a bullish or bearish trend?

The stored technical snapshot classifies the trend as “bearish”. This rule-based label is based on available indicators and is not a standalone buy or sell signal.

What are the main risks of investing in TOPS?

Available risk metrics are shown in the risk and performance section. These metrics do not capture every business, competitive, regulatory or market risk; review company filings and disclosures as well.

Where can I find TOPS's financial statements and earnings history?

Use the Financial Statements section for stored statement records, financial metric history, earnings results and estimate revisions. Coverage depends on the data available for this company.

Does US Market AI provide a guaranteed TOPS price target?

No. Forecasts shown here are quantitative model outputs, not guarantees or personalized financial advice. Missing forecast values are left unavailable rather than filled with invented targets.

US MARKET AI · STOCK RESEARCH

Data availability varies by company and provider. Missing values are omitted rather than estimated. Forecasts are model outputs and should be independently evaluated.

Research updated Oct 19, 2026 · Research methodology · Disclaimer