Here is Why Geospace Technologies (GEOS) Skyrocketed This Week

The share price of Geospace Technologies Corporation (NASDAQ:GEOS) surged by 87.19% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Here is Why Geospace Technologies (GEOS) Skyrocketed This Week

Aerial view of an oil rig in the sea waters, reflecting the company’s involvement in the oil and gas markets.

Geospace Technologies Corporation (NASDAQ:GEOS) is a global technology and instrumentation manufacturer specializing in vibration sensing and highly ruggedized products which serve energy, industrial, government, and commercial customers worldwide.

Geospace Technologies Corporation (NASDAQ:GEOS) continues to skyrocket following reports that the company has been awarded a permanent reservoir monitoring contract from Petrobras for Mero Fields 3 and 4 offshore Brazil in the Santos Basin. The multi-year contract is for a high-value Permanent Reservoir Monitoring (PRM) system using Geospace’s proprietary OptoSeis® fiber optic technology.

The award provides Geospace Technologies Corporation (NASDAQ:GEOS) with a crucial, long-term revenue stream and eases investor concerns, especially after the company reported disappointing results for its Q2 2025 last month, with revenues and gross margins dropping to new multi-year lows.

Following the recent rally, the share price of Geospace Technologies Corporation (NASDAQ:GEOS) has surged by more than 58% since the beginning of 2025.

While we acknowledge the potential of GEOS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.