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Ocean Power Technologies (OPTT) Competitors

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$0.64 -0.11 (-14.83%)
Closing price 04:00 PM Eastern
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$0.64 +0.00 (+0.20%)
As of 07:59 PM Eastern
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OPTT vs. SMC, OPAL, MNTK, GWRS, PCYO, RGCO, SLNG, VVPR, SUUN, and WAVE

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

Ocean Power Technologies vs. Its Competitors

Ocean Power Technologies (NASDAQ:OPTT) and Summit Midstream Partners (NYSE:SMC) are both small-cap energy companies, but which is the better stock? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, profitability, media sentiment, institutional ownership and earnings.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ocean Power Technologies$6.12M18.08-$27.48M-$0.25-2.57
Summit Midstream Partners$443.45M1.07-$113.18M-$13.09-1.94

Summit Midstream Partners has a net margin of -26.34% compared to Ocean Power Technologies' net margin of -304.91%. Summit Midstream Partners' return on equity of -1.51% beat Ocean Power Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Ocean Power Technologies-304.91% -97.03% -72.36%
Summit Midstream Partners -26.34%-1.51%-0.51%

Ocean Power Technologies has a beta of 2.62, meaning that its share price is 162% more volatile than the S&P 500. Comparatively, Summit Midstream Partners has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500.

11.9% of Ocean Power Technologies shares are held by institutional investors. Comparatively, 43.0% of Summit Midstream Partners shares are held by institutional investors. 1.0% of Ocean Power Technologies shares are held by insiders. Comparatively, 37.8% of Summit Midstream Partners shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Ocean Power Technologies had 7 more articles in the media than Summit Midstream Partners. MarketBeat recorded 8 mentions for Ocean Power Technologies and 1 mentions for Summit Midstream Partners. Summit Midstream Partners' average media sentiment score of 0.55 beat Ocean Power Technologies' score of 0.00 indicating that Summit Midstream Partners is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ocean Power Technologies
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Summit Midstream Partners
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Summit Midstream Partners beats Ocean Power Technologies on 8 of the 13 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$110.58M$1.25B$7.81B$9.51B
Dividend YieldN/A7.51%10.93%4.01%
P/E Ratio-2.0141.1766.8920.05
Price / Sales18.0888.7939,888.9999.42
Price / CashN/A13.8736.3458.56
Price / Book2.011.424.005.87
Net Income-$27.48M$101.88M$4.26B$258.55M
7 Day Performance-10.74%3.04%1.33%2.23%
1 Month Performance30.71%7.82%4.09%12.76%
1 Year Performance51.05%92.76%14.12%19.36%

Ocean Power Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OPTT
Ocean Power Technologies
0.061 of 5 stars
$0.64
-14.8%
N/A+116.3%$110.58M$6.12M-2.0150News Coverage
Options Volume
Gap Down
SMC
Summit Midstream Partners
N/A$25.57
-2.3%
N/AN/A$476.88M$429.62M-1.95244
OPAL
OPAL Fuels
1.5111 of 5 stars
$2.54
+0.8%
$3.00
+18.1%
-35.8%$440.36M$299.97M127.00270News Coverage
Analyst Downgrade
MNTK
Montauk Renewables
2.0223 of 5 stars
$2.22
+0.9%
$3.33
+50.2%
-57.2%$316.20M$175.74M44.41130News Coverage
GWRS
Global Water Resources
1.7993 of 5 stars
$10.11
-0.3%
N/A-21.1%$277.52M$52.69M43.9690
PCYO
Pure Cycle
0.8189 of 5 stars
$9.88
-0.9%
N/A-7.6%$237.81M$28.75M17.9640
RGCO
RGC Resources
3.4006 of 5 stars
$20.63
+0.6%
N/A-4.7%$212.74M$91.31M16.12100
SLNG
Stabilis Solutions
3.1909 of 5 stars
$5.09
-2.9%
$12.00
+135.8%
+20.2%$94.67M$73.29M72.72250Positive News
VVPR
Vivopower International
N/A$6.44
-6.3%
N/A+137.9%$65.11M$20K0.00240Gap Down
SUUN
SolarBank
2.561 of 5 stars
$1.42
+0.7%
$5.00
+252.1%
-73.9%$50.65M$43.08M-3.1615High Trading Volume
WAVE
Eco Wave Power Global AB (publ)
2.1663 of 5 stars
$8.72
+23.0%
$14.50
+66.3%
+262.7%$48.40M$170K-22.3610Gap Up

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This page (NASDAQ:OPTT) was last updated on 7/25/2025 by MarketBeat.com Staff
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