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NASDAQ:OPTT

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

Ocean Power Technologies logo
$2.16 +0.23 (+11.87%)
As of 03:54 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Ocean Power Technologies Stock (NASDAQ:OPTT)

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Key Stats

Today's Range
$1.92
$2.19
50-Day Range
$1.82
$6.63
52-Week Range
$1.75
$21.60
Volume
492,710 shs
Average Volume
286,560 shs
Market Capitalization
$583.23 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$45.00
Consensus Rating
Buy

Company Overview

Ocean Power Technologies, Inc. develops ocean-based renewable energy and autonomous maritime technology. The company’s systems are designed to provide persistent power and communications for offshore applications, including maritime security, ocean observation, defense, offshore energy and environmental monitoring.

Its primary product is the PB3 PowerBuoy, a wave-powered platform that generates electricity from ocean-wave motion and can support onboard sensors, communications equipment and other payloads. Ocean Power Technologies also offers autonomous surface vessels, including its WAM-V platform, which is designed for unmanned ocean data collection, surveillance, inspection and other maritime missions.

Ocean Power Technologies serves commercial, government and research customers in the United States and international markets. The company has developed its technology for use in remote offshore environments where conventional power sources can be costly or difficult to maintain.

AI Generated. May Contain Errors.

Ocean Power Technologies Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
35th Percentile Overall Score

OPTT MarketRank™: 

Ocean Power Technologies scored higher than 35% of companies evaluated by MarketBeat, and ranked 544th out of 662 stocks in the industrials 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 Buy. The company's average rating score is 3.00, and is based on 1 strong buy rating, 1 buy rating, 1 hold rating, and no sell ratings.

  • Upside Potential

    Ocean Power Technologies has a consensus price target of $45.00, representing about 2,068.7% upside from its current price of $2.08.

  • 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 -6.44, 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 -6.44, 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 6.48. 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 -0.18. 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 0.72 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for Ocean Power Technologies this week, compared to 3 articles on an average week.
  • Search Interest

    16 people have searched for OPTT on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.
  • MarketBeat Follows

    10 people have added Ocean Power Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 233% 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

Ocean Power Technologies demonstrates WAM-V 8 platform in surf-zone trial
$20,000 gold before year end?
President Trump reposted a warning from precious metals expert Jim Rickards, tying the November midterms and America's $40 trillion national debt to a potential surge in gold prices, with some forecasts pointing to $10,000 or even $20,000 gold. Dr. David Eifrig, a 40-year market veteran and former Goldman Sachs Vice President, says an unusual plan involving Trump and two other top officials could fuel the biggest gold bull run in decades. Eifrig has shared his top gold pick tied to this developing story.tc pixel
Ocean Power Technologies (NASDAQ:OPTT) Hits New 1-Year High - Should You Buy?
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OPTT Stock Analysis - Frequently Asked Questions

Ocean Power Technologies' stock was trading at $9.00 at the beginning of the year. Since then, OPTT shares have decreased by 76.9% and is now trading at $2.0750.

Ocean Power Technologies, Inc. (NASDAQ:OPTT) issued its earnings results on Monday, December, 15th. The energy company reported ($1.80) EPS 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%.

Ocean Power Technologies shares reverse split before market open on Monday, September 14th 2026.A 1-30 reverse split was announced. The number of shares owned by shareholders was adjusted after the market closes 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
9/18/2026
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
+2,002.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.22)
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
$3.74 million
Price / Sales
154.70
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.32 per share
Price / Book
6.69

Miscellaneous

Outstanding Shares
270,139,000
Free Float
144,579,000
Market Cap
$578.10 million
Optionable
Optionable
Beta
2.60

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This page (NASDAQ:OPTT) was last updated on 9/18/2026 by MarketBeat.com Staff.
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