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Ocean Power Technologies, Inc. (OPTT)

0.1874 -0.0069 (-3.55%)
At close: September 4 at 4:00:00 PM EDT
0.1851 -0.0023 (-1.23%)
After hours: September 4 at 7:58:35 PM EDT
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What's happening with OPTT?

8m ago
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Ocean Power Technologies (OPTT) is making significant strides in its operational capabilities, including a partnership with Palantir to enhance data management for maritime systems. The company is also engaged in a strategic alternatives review to maximize shareholder value amidst a growing backlog of contracts.

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  • Previous Close 0.1943
  • Open 0.1880
  • Bid 0.1852 x 30000
  • Ask 0.1867 x 90000
  • Day's Range 0.1785 - 0.1880
  • 52 Week Range 0.1300 - 0.7200
  • Volume 3,379,046
  • Avg. Volume 4,828,282
  • Market Cap (intraday) 50.624M
  • Beta (5Y Monthly) 2.60
  • PE Ratio (TTM) --
  • EPS (TTM) -0.2500
  • Earnings Date Sep 14, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 1.50

Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. The company offers maritime solutions, including Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). It also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

www.oceanpowertechnologies.com

65

Full Time Employees

April 30

Fiscal Year Ends

Industrials

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

OPTT
37.53%
S&P 500 (^GSPC)
12.75%

1-Year Return

OPTT
63.25%
S&P 500 (^GSPC)
18.71%

3-Year Return

OPTT
58.36%
S&P 500 (^GSPC)
70.93%

5-Year Return

OPTT
90.99%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share (GAAP)

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 513k
Earnings -11.37M
Profit Margin -2,215.59%

Q1

FY26

Q2

FY26

Q3

FY26

-10M
-8M
-6M
-4M
-2M
0
-2500.0%
-2000.0%
-1500.0%
-1000.0%

Analyst Insights

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Analyst Price Targets

1.50
1.50 Average
0.1874 Current
1.50 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 12/18/2025
Analyst HC Wainwright & Co.
Rating Action Initiated
Rating Buy
Price Action Announces
Price Target 1.5

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    0.00%

  • Return on Assets (ttm)

    -67.81%

  • Return on Equity (ttm)

    -250.03%

  • Revenue (ttm)

    3.74M

  • Net Income Avi to Common (ttm)

    -48.91M

  • Diluted EPS (ttm)

    -0.2500

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    8.72M

  • Total Debt/Equity (mrq)

    99.93%

  • Levered Free Cash Flow (ttm)

    -5.3M

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