S&P 500   3,923.68
DOW   31,490.07
QQQ   291.14
S&P 500   3,923.68
DOW   31,490.07
QQQ   291.14
S&P 500   3,923.68
DOW   31,490.07
QQQ   291.14
S&P 500   3,923.68
DOW   31,490.07
QQQ   291.14

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

-0.05 (-4.85%)
(As of 05/18/2022 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
178,464 shs
Average Volume
208,771 shs
Market Capitalization
$54.77 million
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
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Ocean Power Technologies logo

About Ocean Power Technologies

Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in America, Europe, and Australia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in remote offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and payloads, integration services, and marine installation services. In addition, it offers electric power and real-time data communications for remote offshore and subsea applications in markets, such as offshore oil and gas, defense and security, science and research, and communications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.


See More Headlines

Industry, Sector and Symbol

Electric services
Current Symbol
Year Founded

Sales & Book Value

Annual Sales
$1.21 million
Book Value
$1.58 per share


Net Income
$-14.76 million
Net Margins
Pretax Margin




Free Float
Market Cap
$54.77 million
Not Optionable

Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Social Links


Overall MarketRank

1.11 out of 5 stars

Oils/Energy Sector

331st out of 386 stocks

Electric Services Industry

50th out of 58 stocks

Analyst Opinion: 0.0Community Rank: 4.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Ocean Power Technologies (NASDAQ:OPTT) Frequently Asked Questions

When is Ocean Power Technologies' next earnings date?

Ocean Power Technologies is scheduled to release its next quarterly earnings announcement on Monday, July 18th 2022.
View our earnings forecast for Ocean Power Technologies

How were Ocean Power Technologies' earnings last quarter?

Ocean Power Technologies, Inc. (NASDAQ:OPTT) posted its quarterly earnings results on Monday, March, 14th. The energy company reported ($0.10) earnings per share for the quarter. The energy company had revenue of $0.48 million for the quarter. Ocean Power Technologies had a negative trailing twelve-month return on equity of 24.85% and a negative net margin of 1,179.61%.
View Ocean Power Technologies' earnings history

Who are Ocean Power Technologies' key executives?
Ocean Power Technologies' management team includes the following people:
  • Mr. Philipp Stratmann, CEO, Pres & Director (Age 43)
  • Mr. Robert P. Powers, Sr. VP & CFO
  • Mr. Joseph DiPietro, Controller, Treasurer & Principal Accounting Officer (Age 56)
  • John W. Lawrence, Gen. Counsel & Sec.
  • Mr. Jeff Wiener, VP of Global Sales
What is George Kirby's approval rating as Ocean Power Technologies' CEO?

3 employees have rated Ocean Power Technologies CEO George Kirby on Glassdoor.com. George Kirby has an approval rating of 72% among Ocean Power Technologies' employees.

What other stocks do shareholders of Ocean Power Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ocean Power Technologies investors own include Advanced Micro Devices (AMD), Plug Power (PLUG), FuelCell Energy (FCEL), iBio (IBIO), Inovio Pharmaceuticals (INO), MicroVision (MVIS), OPKO Health (OPK), (SCON), Atossa Therapeutics (ATOS) and Gevo (GEVO).

What is Ocean Power Technologies' stock symbol?

Ocean Power Technologies trades on the NASDAQ under the ticker symbol "OPTT."

Who are Ocean Power Technologies' major shareholders?

Ocean Power Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include State Street Corp (4.89%), Vanguard Group Inc. (3.34%), Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (1.12%), UBS Group AG (0.12%), Jane Street Group LLC (0.07%) and Group One Trading L.P. (0.00%).
View institutional ownership trends for Ocean Power Technologies

Which institutional investors are selling Ocean Power Technologies stock?

OPTT stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., UBS Group AG, and Simplex Trading LLC.
View insider buying and selling activity for Ocean Power Technologies
or view top insider-selling stocks.

Which institutional investors are buying Ocean Power Technologies stock?

OPTT stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Mitsubishi UFJ Kokusai Asset Management Co. Ltd., Jane Street Group LLC, and Group One Trading L.P..
View insider buying and selling activity for Ocean Power Technologies
or or view top insider-buying stocks.

How do I buy shares of Ocean Power Technologies?

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

What is Ocean Power Technologies' stock price today?

One share of OPTT stock can currently be purchased for approximately $0.98.

How much money does Ocean Power Technologies make?

Ocean Power Technologies has a market capitalization of $54.77 million and generates $1.21 million in revenue each year. The energy company earns $-14.76 million in net income (profit) each year or ($0.36) on an earnings per share basis.

How many employees does Ocean Power Technologies have?

Ocean Power Technologies employs 46 workers across the globe.

When was Ocean Power Technologies founded?

Ocean Power Technologies was founded in 1984.

What is Ocean Power Technologies' official website?

The official website for Ocean Power Technologies is www.oceanpowertechnologies.com.

How can I contact Ocean Power Technologies?

Ocean Power Technologies' mailing address is 28 ENGELHARD DRIVE SUITE B, MONROE TOWNSHIP NJ, 08831. The energy company can be reached via phone at (609) 730-0400, via email at [email protected], or via fax at 609-730-0404.

This page was last updated on 5/19/2022 by MarketBeat.com Staff


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