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NASDAQ:OPTT

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

Ocean Power Technologies logo
$1.02 0.00 (0.00%)
Closing price 10/2/2026 04:00 PM Eastern
Extended Trading
$1.04 +0.02 (+2.16%)
As of 10/2/2026 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Ocean Power Technologies Stock (NASDAQ:OPTT)

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Key Stats

Today's Range
$1.00
▼
$1.11
50-Day Range
$1.02
▼
$6.21
52-Week Range
$1.00
▼
$21.60
Volume
638,225 shs
Average Volume
296,652 shs
Market Capitalization
$9.19 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$45.00
Consensus Rating
Strong Buy

Company Overview

Ocean Power Technologies, Inc. develops and delivers marine power, data, and autonomous systems for use in offshore environments. The company’s solutions are designed to support applications where conventional power sources and communications infrastructure can be difficult or costly to deploy, including maritime security, offshore energy, environmental monitoring, and ocean research.

Its product portfolio includes the PowerBuoy, a wave-powered platform intended to provide renewable energy and support communications, monitoring, and other payloads at sea. Ocean Power Technologies also offers WAM-V autonomous surface vehicles, which are designed for tasks such as data collection, surveillance, inspection, and hydrographic surveying. The company provides related engineering, integration, software, and support services for marine deployments.

Ocean Power Technologies is headquartered in Monroe Township, New Jersey, and serves government, defense, commercial, and scientific customers in the United States and international markets. The company has historically focused on developing ocean-based power systems and has expanded into autonomous maritime vehicles and ocean intelligence solutions. Its leadership has included Chief Executive Officer Philipp Stratmann.

AI Generated. May Contain Errors.

Ocean Power Technologies Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
39th Percentile Overall Score

OPTT MarketRank™: 

Ocean Power Technologies scored higher than 39% of companies evaluated by MarketBeat. 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 Strong Buy. The company's average rating score is 3.50, and is based on 1 strong buy rating, 1 buy rating, no hold ratings, and no sell ratings.

  • Upside Potential

    Ocean Power Technologies has a consensus price target of $45.00, representing about 4,311.8% upside from its current price of $1.02.

  • Amount of Analyst Coverage

    Ocean Power Technologies has only been the subject of 1 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 -3.19, 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 -3.19, 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 3.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for OPTT.
  • 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.

  • News Sentiment

    Ocean Power Technologies has a news sentiment score of 0.55. 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 news sentiment score is similar to the average news sentiment of Industrials 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

    Only 9 people have searched for OPTT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    12 people have added Ocean Power Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ocean Power Technologies insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    1.30% of the stock of Ocean Power Technologies is held by insiders.

  • Percentage Held by Institutions

    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

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Ocean Power Technologies (NASDAQ:OPTT) Shares Down 5.4% - Time to Sell?
See More Headlines

OPTT Stock Analysis - Frequently Asked Questions

Ocean Power Technologies' stock was trading at $9.00 at the start of the year. Since then, OPTT stock has decreased by 88.7% and is now trading at $1.02.

Ocean Power Technologies, Inc. (NASDAQ:OPTT) posted its quarterly earnings results on Monday, December, 15th. The energy company reported ($1.80) earnings per share for the quarter. Ocean Power Technologies had a negative net margin of 304.91% and a negative trailing twelve-month return on equity of 97.03%.

Ocean Power Technologies shares reverse split on Monday, September 14th 2026.A 1-30 reverse split was announced. The number of shares owned by shareholders was adjusted after the closing bell on Sunday, September 13th 2026. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

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
12/15/2025
Today
10/04/2026
Fiscal Year End
4/30/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Electrical Equipment
Sub-Industry
Heavy Electrical Equipment
Current Symbol
NASDAQ:OPTT
CIK
1378140
Employees
65
Year Founded
1984

Price Target and Rating

High Price Target
$45.00
Low Price Target
$45.00
Potential Upside/Downside
+4,311.8%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

EPS (Trailing Twelve Months)
($6.69)
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
$4.26 million
Price / Sales
2.16
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.32 per share
Price / Book
3.19

Miscellaneous

Outstanding Shares
9,005,000
Free Float
144,579,000
Market Cap
$9.19 million
Optionable
Optionable
Beta
2.60

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This page (NASDAQ:OPTT) was last updated on 10/4/2026 by MarketBeat.com Staff.
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