Omnitek Engineering Corp (OMTK) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · OTC
Omnitek Engineering Corp (OMTK) stock forecast summary
Our AI ranks Omnitek Engineering Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Omnitek Engineering Corp is a small-cap company with a market capitalization of $590K. It ranks number 35 by market capitalization among the 35 Motor Vehicle Parts & Accessories issuers in our coverage with a current forecast. Its Gross Margin of 56.9% is the highest of the 34 peers that report one.
For OMTK, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -21.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 10.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How OMTK ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Omnitek Engineering Corp (OMTK) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Motor Vehicle Parts & Accessories peers listed below that report each metric.
Valuation & Market
| Metric | OMTK | Rank |
|---|---|---|
| Market Cap | $590K | 35/35 |
Profitability & Margins
| Metric | OMTK | Rank |
|---|---|---|
| ROA | 17.4% | 2/29 |
| ROIC | 1.8% | 18/27 |
| Gross Margin | 56.9% | 1/34 |
| Operating Margin | -1.7% | 22/31 |
| Net Margin | 13.5% | 3/30 |
| EBT Margin | 12.1% | 4/35 |
| Tax Rate | 1.2% | – |
Financial Health
| Metric | OMTK | Rank |
|---|---|---|
| Current Ratio | 0.43x | 32/34 |
| Quick Ratio | 0.17x | 32/33 |
| Interest Coverage | -8.7x | 22/27 |
| Working Capital | -$1M | 31/34 |
Cash Flow
| Metric | OMTK | Rank |
|---|---|---|
| Operating Cash Flow | -$120K | 26/34 |
Operational Efficiency
| Metric | OMTK | Rank |
|---|---|---|
| Inventory Turnover | 1.6x | 27/31 |
| Days Inventory | 231 days | 5/32 |
Income Statement
| Metric | OMTK | Rank |
|---|---|---|
| Operating Income | -$20K | 23/31 |
| Net Income | $140K | 18/30 |
| R&D Expense | $70K | 18/19 |
| Cost of Goods Sold | $760K | 32/34 |
Dividend & Shareholder Information
| Metric | OMTK | Rank |
|---|---|---|
| Shares Outstanding | 22M | – |
| Net Income Growth | 324.4% | 1/18 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $790K | |
| Cash & Short-term Investments | $50K | |
| Accounts Receivable | $20K | |
| Inventory | $480K | |
| Total Liabilities | $2M |
OMTK quarterly financials and insider trading
Omnitek Engineering Corp (OMTK) industry peers
Companies classified under the same SEC industry code as Omnitek Engineering Corp (Motor Vehicle Parts & Accessories): 36 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| OMTK Omnitek Engineering Corp | ▼ | $590K |
| MGA Magna International Inc | ▼ | $18.49B |
| BWA Borgwarner Inc | ▶ | $11.84B |
| APTV Aptiv Plc | ▼ | $9.31B |
| ALSN Allison Transmission Holdings Inc | ▶ | $9.23B |
| ALV Autoliv Inc | ▶ | $8.49B |
| MOD Modine Manufacturing Co | ▶ | $7.91B |
| LEA Lear Corp | ▶ | $5.92B |
| GTX Garrett Motion Inc. | ▶ | $4.75B |
| GNTX Gentex Corp | ▶ | $4.43B |
| DORM Dorman Products, Inc. | ▶ | $3.68B |
| VGNT Versigent Plc | ▶ | $3.13B |
| DAN Dana Inc | ▼ | $3.12B |
| VC Visteon Corp | ▼ | $2.33B |
| PATK Patrick Industries Inc | ▼ | $2.19B |
| PHIN Phinia Inc. | ▶ | $2.12B |
| LCII Lci Industries | ▼ | $2.04B |
| THRM Gentherm Inc | ▶ | $1.58B |
| ADNT Adient Plc | ▶ | $1.40B |
| DCH Dauch Corp | ▲ | $1.15B |
| SMP Standard Motor Products, Inc. | ▶ | $825M |
| AEVA Aeva Technologies, Inc. | ▲ | $699M |
| CPS Cooper-Standard Holdings Inc. | ▲ | $370M |
| SCTH Securetech Innovations, Inc. | ▶ | $325M |
| HLLY Holley Inc. | ▲ | $316M |
| STRT Strattec Security Corp | ▶ | $241M |
| MPAA Motorcar Parts Of America Inc | ▶ | $195M |
| SRI Stoneridge Inc | ▶ | $173M |
| ECXJ Cxj Group Co., Ltd | ▶ | $132M |
| CVGI Commercial Vehicle Group, Inc. | ▼ | $117M |
| INVZ Innoviz Technologies Ltd. | ▲ | $81M |
| XOS Xos, Inc. | ▶ | $43M |
| LIDR Aeye, Inc. | ▼ | $41M |
| AZIO Azio Ai Holdings, Inc. | ▼ | $17M |
| WKSP Worksport Ltd | ▶ | $6M |
| ATVK Globaltek Ventures, Inc. | ▼ | N/A |
Where OMTK sits on the market map
Omnitek Engineering Corp (OMTK) stock news
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Omnitek Engineering Corp (OMTK) stock forecast FAQ
What is the Omnitek Engineering Corp (OMTK) stock forecast?
Our AI ranks Omnitek Engineering Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Omnitek Engineering Corp stock predictions?
For OMTK, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -21.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 10.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Omnitek Engineering Corp forecasts updated?
Omnitek Engineering Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Omnitek Engineering Corp's industry peers?
36 issuers in our coverage, OMTK included, share the SEC industry code Motor Vehicle Parts & Accessories. The largest are: Magna International Inc (MGA), Borgwarner Inc (BWA), Aptiv Plc (APTV), Allison Transmission Holdings Inc (ALSN), Autoliv Inc (ALV), Modine Manufacturing Co (MOD).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.