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Ocean Power Technologies (OPTT) Competitors

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$0.54 -0.02 (-2.74%)
As of 03:41 PM Eastern
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OPTT vs. NFE, OPAL, MNTK, GWRS, PCYO, RGCO, SUUN, SLNG, WAVE, and VVPR

Should you be buying Ocean Power Technologies stock or one of its competitors? The main competitors of Ocean Power Technologies include New Fortress Energy (NFE), OPAL Fuels (OPAL), Montauk Renewables (MNTK), Global Water Resources (GWRS), Pure Cycle (PCYO), RGC Resources (RGCO), PowerBank (SUUN), Stabilis Solutions (SLNG), Eco Wave Power Global AB (publ) (WAVE), and Vivopower International (VVPR). These companies are all part of the "utilities" industry.

Ocean Power Technologies vs. Its Competitors

New Fortress Energy (NASDAQ:NFE) and Ocean Power Technologies (NASDAQ:OPTT) are both small-cap energy companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, valuation, media sentiment, analyst recommendations, profitability, institutional ownership and risk.

58.6% of New Fortress Energy shares are owned by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are owned by institutional investors. 29.4% of New Fortress Energy shares are owned by insiders. Comparatively, 1.7% of Ocean Power Technologies shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, New Fortress Energy had 3 more articles in the media than Ocean Power Technologies. MarketBeat recorded 8 mentions for New Fortress Energy and 5 mentions for Ocean Power Technologies. New Fortress Energy's average media sentiment score of 1.40 beat Ocean Power Technologies' score of 0.87 indicating that New Fortress Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
New Fortress Energy
7 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ocean Power Technologies
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

New Fortress Energy has a net margin of -48.94% compared to Ocean Power Technologies' net margin of -304.91%. New Fortress Energy's return on equity of -22.72% beat Ocean Power Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
New Fortress Energy-48.94% -22.72% -3.15%
Ocean Power Technologies -304.91%-97.03%-72.36%

Ocean Power Technologies has lower revenue, but higher earnings than New Fortress Energy. Ocean Power Technologies is trading at a lower price-to-earnings ratio than New Fortress Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
New Fortress Energy$2.02B0.32-$249.04M-$3.83-0.59
Ocean Power Technologies$5.74M17.05-$27.48M-$0.16-3.34

New Fortress Energy has a beta of 0.99, suggesting that its stock price is 1% less volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.49, suggesting that its stock price is 149% more volatile than the S&P 500.

New Fortress Energy presently has a consensus price target of $7.88, suggesting a potential upside of 250.78%. Ocean Power Technologies has a consensus price target of $1.50, suggesting a potential upside of 180.37%. Given New Fortress Energy's higher possible upside, research analysts clearly believe New Fortress Energy is more favorable than Ocean Power Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New Fortress Energy
1 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.22
Ocean Power Technologies
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

New Fortress Energy beats Ocean Power Technologies on 11 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding OPTT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OPTT vs. The Competition

MetricOcean Power TechnologiesElectric services IndustryEnergy SectorNASDAQ Exchange
Market Cap$97.36M$1.57B$8.10B$10.30B
Dividend YieldN/A7.57%10.74%4.61%
P/E Ratio-1.6614.4839.8926.09
Price / Sales17.05103.721,291.78169.46
Price / CashN/A13.8736.5461.52
Price / Book1.678.064.176.30
Net Income-$27.48M$127.60M$4.27B$271.03M
7 Day Performance5.05%4.83%2.16%-0.14%
1 Month Performance4.88%110.11%5.30%6.44%
1 Year Performance232.30%189.35%17.24%28.85%

Ocean Power Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OPTT
Ocean Power Technologies
2.5102 of 5 stars
$0.54
-2.7%
$1.50
+180.4%
+209.7%$97.36M$5.74M-1.6650Analyst Forecast
NFE
New Fortress Energy
3.0039 of 5 stars
$1.38
+5.3%
$7.88
+470.7%
-74.3%$372.76M$2.36B0.00670Positive News
Gap Down
OPAL
OPAL Fuels
2.4271 of 5 stars
$2.07
-2.4%
$2.81
+35.9%
-28.9%$367.60M$299.97M35.33270Positive News
MNTK
Montauk Renewables
2.0187 of 5 stars
$1.98
-2.0%
$3.33
+68.4%
-57.9%$287.36M$175.74M101.00130
GWRS
Global Water Resources
2.5575 of 5 stars
$9.95
+0.9%
N/A-22.2%$270.89M$52.69M41.0890
PCYO
Pure Cycle
1.388 of 5 stars
$11.12
+0.9%
N/A+2.9%$265.30M$28.75M20.0440News Coverage
Positive News
RGCO
RGC Resources
3.7458 of 5 stars
$21.90
+0.5%
N/A+4.3%$224.99M$84.64M16.72100Positive News
SUUN
PowerBank
2.9902 of 5 stars
$1.77
-4.3%
$5.00
+182.5%
-62.6%$66.06M$43.08M0.0015Upcoming Earnings
SLNG
Stabilis Solutions
2.5492 of 5 stars
$3.95
+13.5%
$10.00
+153.2%
-12.4%$64.71M$73.29M87.00250Positive News
WAVE
Eco Wave Power Global AB (publ)
2.3842 of 5 stars
$9.51
-2.0%
$14.50
+52.5%
+132.4%$53.83M$170K0.0010
VVPR
Vivopower International
N/A$4.96
-2.9%
N/A+265.9%$51.67M$20K0.00240

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This page (NASDAQ:OPTT) was last updated on 9/25/2025 by MarketBeat.com Staff
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