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NASDAQ:OPTT

Ocean Power Technologies (OPTT) Stock Price, News & Analysis

Ocean Power Technologies logo
$0.52 +0.00 (+0.67%)
As of 02:42 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Ocean Power Technologies Stock (NASDAQ:OPTT)

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Key Stats

Today's Range
$0.51
$0.53
50-Day Range
$0.48
$0.67
52-Week Range
$0.14
$1.75
Volume
3.70 million shs
Average Volume
7.81 million shs
Market Capitalization
$95.90 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.50
Consensus Rating
Moderate Buy

Company Overview

Ocean Power Technologies Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
40th Percentile Overall Score

OPTT MarketRank™: 

Ocean Power Technologies scored higher than 40% of companies evaluated by MarketBeat, and ranked 198th out of 270 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ocean Power Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Upside Potential

    Ocean Power Technologies has a consensus price target of $1.50, representing about 187.9% upside from its current price of $0.52.

  • Amount of Analyst Coverage

    Ocean Power Technologies has only been the subject of 2 research reports in the past 90 days.

  • Read more about Ocean Power Technologies' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ocean Power Technologies is -1.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ocean Power Technologies is -1.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Ocean Power Technologies has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    9.21% of the outstanding shares of Ocean Power Technologies have been sold short.
  • Short Interest Ratio / Days to Cover

    Ocean Power Technologies has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ocean Power Technologies has recently increased by 35.97%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Ocean Power Technologies does not currently pay a dividend.

  • Dividend Growth

    Ocean Power Technologies does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    9.21% of the outstanding shares of Ocean Power Technologies have been sold short.
  • Short Interest Ratio / Days to Cover

    Ocean Power Technologies has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ocean Power Technologies has recently increased by 35.97%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Ocean Power Technologies has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Ocean Power Technologies this week, compared to 3 articles on an average week.
  • Search Interest

    27 people have searched for OPTT on MarketBeat in the last 30 days. This is an increase of 238% compared to the previous 30 days.
  • MarketBeat Follows

    17 people have added Ocean Power Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 325% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ocean Power Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,955.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 1.65% of the stock of Ocean Power Technologies is held by insiders.

  • Percentage Held by Institutions

    Only 11.93% of the stock of Ocean Power Technologies is held by institutions.

  • Read more about Ocean Power Technologies' insider trading history.
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OPTT Stock News Headlines

Nvidia CEO Makes First Ever Tesla Announcement
While headlines focus on Tesla’s car sales, tech analyst Jeff Brown says the real story is Tesla’s role in a $25 trillion AI revolution — one that Nvidia’s CEO himself has called a “multi-trillion-dollar future industry” — and he’s uncovered a little-known stock 168 times smaller than Nvidia that could be positioned to ride this breakthrough.tc pixel
See More Headlines

OPTT Stock Analysis - Frequently Asked Questions

Ocean Power Technologies' stock was trading at $1.02 on January 1st, 2025. Since then, OPTT shares have decreased by 48.9% and is now trading at $0.5210.

Ocean Power Technologies, Inc. (NASDAQ:OPTT) released its earnings results on Monday, September, 15th. The energy company reported ($0.04) earnings per share for the quarter. Ocean Power Technologies had a negative trailing twelve-month return on equity of 97.03% and a negative net margin of 304.91%.

Shares of OPTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ocean Power Technologies investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), NIO (NIO), Virgin Galactic (SPCE), Plug Power (PLUG) and AST SpaceMobile (ASTS).

Company Calendar

Last Earnings
9/15/2025
Today
10/17/2025
Fiscal Year End
4/30/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Energy
Industry
Electric services
Sub-Industry
Utilities
Current Symbol
NASDAQ:OPTT
CIK
1378140
Employees
50
Year Founded
1984

Price Target and Rating

High Price Target
$1.50
Low Price Target
$1.50
Potential Upside/Downside
+188.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.16)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$27.48 million
Net Margins
-304.91%
Pretax Margin
-322.62%
Return on Equity
-97.03%
Return on Assets
-72.36%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
2.79
Quick Ratio
1.37

Sales & Book Value

Annual Sales
$5.74 million
Price / Sales
16.59
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.32 per share
Price / Book
1.63

Miscellaneous

Outstanding Shares
183,014,000
Free Float
144,579,000
Market Cap
$95.26 million
Optionable
Optionable
Beta
2.44

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This page (NASDAQ:OPTT) was last updated on 10/17/2025 by MarketBeat.com Staff
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