NASDAQ:OPTT Ocean Power Technologies - OPTT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ocean Power Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $0.52 0.00 (-0.69%) (As of 03/28/2023 11:41 AM ET) Add Compare Share Share Today's Range$0.51▼$0.5250-Day Range$0.50▼$0.7652-Week Range$0.44▼$1.55Volume18,272 shsAverage Volume197,189 shsMarket Capitalization$29.02 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Ocean Power Technologies (NASDAQ:OPTT) StockOcean Power Technologies, Inc. engages in commercializing proprietary systems that generate electricity predominantly by harnessing the renewable energy of ocean waves. It offers PB3 PowerBuoy, which generates electricity by harnessing the renewable energy of ocean waves. It operates through the following geographical segments: North and South America, Europe, and Asia and Australia. The company was founded by George W. Taylor on April 19, 1984 and is headquartered in Monroe Township, NJ.Read More Receive OPTT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ocean Power Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address OPTT Stock News HeadlinesMarch 13, 2023 | proactiveinvestors.comOcean Power Technologies sees 3Q revenue climb 52% on autonomous vehicles sales, increase in consulting servicesMarch 13, 2023 | finance.yahoo.comOcean Power Technologies, Inc. Announces Third Quarter Fiscal 2023 ResultsMarch 28, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsFebruary 25, 2023 | proactiveinvestors.comOPT to present at World Ocean Summit & ExpoFebruary 13, 2023 | finance.yahoo.comOcean Power Technologies to Report 2023 Third Quarter Results on March 13, 2023January 29, 2023 | thestreet.comWhy Ocean Power Technologies (OPTT) Stock Is Sinking TodayJanuary 20, 2023 | finance.yahoo.comOPT to Participate in Third Installment of Fireside Chat Series with Water Tower Research on January 26, 2023January 14, 2023 | thestreet.comOcean Power Technologies (OPTT) Stock Up in After-Hours Trading on DoE FundingMarch 28, 2023 | Press Research (Ad)Lithium Could Be 2023's Next Big SurpriseLithium is the hottest commodity for our green futureDecember 22, 2022 | thestreet.comLockheed Martin (LMT) Jumps on Ocean Power (OPTT) DealDecember 22, 2022 | finance.yahoo.comOcean Power Technologies, Inc. (AMEX:OPTT) Q2 2023 Earnings Call TranscriptDecember 19, 2022 | proactiveinvestors.comOcean Power Technologies Q2 results showed its consulting business driving top-line growth, notes analystDecember 19, 2022 | proactiveinvestors.comOcean Power Technologies Q2 results showed its consulting business driving top-line growth, notes Water Tower Research analystDecember 17, 2022 | thestreet.comOcean Power Technologies (OPTT) Is Today's Perilous Reversal StockDecember 17, 2022 | thestreet.comWhy Ocean Power Technologies (OPTT) Stock Is Higher In After-Hours TradingDecember 17, 2022 | thestreet.comWhy Ocean Power Technologies (OPTT) Is Spiking TodayDecember 15, 2022 | finance.yahoo.comOcean Power Technologies to Participate in a Fireside Chat with Water Tower Research on Friday, December 16December 14, 2022 | proactiveinvestors.comOcean Power Technologies cuts losses as orders and revenues growDecember 14, 2022 | finance.yahoo.comOcean Power Technologies, Inc. Announces Second Quarter Fiscal 2023 ResultsDecember 14, 2022 | finance.yahoo.comOcean Power Technologies Announces Adjournment of Annual Meeting of StockholdersNovember 28, 2022 | proactiveinvestors.comOcean Power Technologies is uniquely positioned to leverage megatrends in the offshore power industry, says Water Tower ResearchNovember 10, 2022 | finance.yahoo.comOcean Power Technologies to Report 2023 Second Quarter Results on December 14, 2022October 11, 2022 | finance.yahoo.comOcean Power Technologies to Participate in the LD Micro Main Event XV ConferenceOctober 5, 2022 | proactiveinvestors.comOcean Power Technologies wins maritime surveillance sub-contract for Department of Homeland Security’s Science and Technology DirectorateOctober 5, 2022 | proactiveinvestors.comOcean Power Technologies says maritime surveillance deal is a natural progression for the companyOctober 5, 2022 | finance.yahoo.comOcean Power Technologies Awarded Contract with Department of Homeland Security Science and Technology Directorate on Maritime Domain Awareness – Sensors (MDA-S) InitiativeSeptember 28, 2022 | finance.yahoo.com11 Best Alternative Energy Stocks to Buy NowSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive OPTT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ocean Power Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address OPTT Company Calendar Last Earnings9/14/2020Today3/28/2023Fiscal Year End4/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:OPTT CUSIPN/A CIK1378140 Webwww.oceanpowertechnologies.com Phone(609) 730-0400Fax609-730-0404Employees46Year Founded1984Profitability EPS (Most Recent Fiscal Year)($0.39) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-18,870,000.00 Net Margins-875.11% Pretax Margin-917.39% Return on Equity-35.99% Return on Assets-33.11% Debt Debt-to-Equity RatioN/A Current Ratio9.53 Quick Ratio9.23 Sales & Book Value Annual Sales$2.51 million Price / Sales11.65 Cash FlowN/A Price / Cash FlowN/A Book Value$0.94 per share Price / Book0.55Miscellaneous Outstanding Shares56,214,000Free Float55,719,000Market Cap$29.22 million OptionableNot Optionable Beta1.92 Social Links Key ExecutivesJ. Philipp StratmannPresident, Chief Executive Officer & DirectorEthan ButlerVice President-Engineering & OperationsRobert P. PowersChief Financial Officer & Senior Vice PresidentJoseph DiPietroTreasurer, Chief Accounting Officer & ControllerMatthew BurdynyVice President-Global Sales & MarketingKey CompetitorsHeliogenNYSE:HLGNEco Wave Power Global AB (publ)NASDAQ:WAVEAzure Power GlobalNYSE:AZREAlpine Summit Energy PartnersNASDAQ:ALPSSuperior Drilling ProductsNYSE:SDPIView All CompetitorsInstitutional OwnershipMillennium Management LLCSold 130,527 shares on 2/15/2023Ownership: 0.110%Geode Capital Management LLCSold 33,006 shares on 2/13/2023Ownership: 0.855%Bailard Inc.Bought 163,754 shares on 2/2/2023Ownership: 0.293%View All Institutional Transactions OPTT Stock - Frequently Asked Questions How have OPTT shares performed in 2023? Ocean Power Technologies' stock was trading at $0.4501 on January 1st, 2023. Since then, OPTT stock has increased by 15.5% and is now trading at $0.5198. View the best growth stocks for 2023 here. How were Ocean Power Technologies' earnings last quarter? Ocean Power Technologies, Inc. (NASDAQ:OPTT) posted its earnings results on Monday, September, 14th. The energy company reported ($0.22) earnings per share (EPS) for the quarter. The energy company earned $0.17 million during the quarter. Ocean Power Technologies had a negative trailing twelve-month return on equity of 35.99% and a negative net margin of 875.11%. What is George Kirby's approval rating as Ocean Power Technologies' CEO? 3 employees have rated Ocean Power Technologies Chief Executive Officer George Kirby on Glassdoor.com. George Kirby has an approval rating of 72% among the company's 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), 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 shareholders include Geode Capital Management LLC (0.85%), Bailard Inc. (0.29%), Millennium Management LLC (0.11%), Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%). View institutional ownership trends. How do I buy shares of Ocean Power Technologies? Shares of OPTT stock 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 $0.52. How much money does Ocean Power Technologies make? Ocean Power Technologies (NASDAQ:OPTT) has a market capitalization of $29.22 million and generates $2.51 million in revenue each year. The energy company earns $-18,870,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis. How can I contact Ocean Power Technologies? Ocean Power Technologies' mailing address is 28 ENGELHARD DRIVE SUITE B, MONROE TOWNSHIP NJ, 08831. The official website for the company is www.oceanpowertechnologies.com. The energy company can be reached via phone at (609) 730-0400, via email at investorrelations@oceanpowertech.com, or via fax at 609-730-0404. This page (NASDAQ:OPTT) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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