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Ocean Power Technologies (OPTT) Competitors

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$0.50 -0.03 (-5.62%)
Closing price 04:00 PM Eastern
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$0.50 0.00 (-0.24%)
As of 08:00 PM Eastern
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OPTT vs. MNTK, GWRS, PCYO, RGCO, SLNG, SUUN, SPRU, WAVE, CGBS, and NOVA

Should you be buying Ocean Power Technologies stock or one of its competitors? The main competitors of Ocean Power Technologies include Montauk Renewables (MNTK), Global Water Resources (GWRS), Pure Cycle (PCYO), RGC Resources (RGCO), Stabilis Solutions (SLNG), SolarBank (SUUN), Spruce Power (SPRU), Eco Wave Power Global AB (publ) (WAVE), Crown LNG (CGBS), and Sunnova Energy International (NOVA). These companies are all part of the "utilities" industry.

Ocean Power Technologies vs.

Montauk Renewables (NASDAQ:MNTK) and Ocean Power Technologies (NASDAQ:OPTT) are both small-cap energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, dividends, community ranking, earnings, risk and media sentiment.

Montauk Renewables has a net margin of 11.80% compared to Ocean Power Technologies' net margin of -304.91%. Montauk Renewables' return on equity of 8.88% beat Ocean Power Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Montauk Renewables11.80% 8.88% 6.38%
Ocean Power Technologies -304.91%-97.03%-72.36%

Montauk Renewables currently has a consensus target price of $3.33, suggesting a potential upside of 74.98%. Given Montauk Renewables' stronger consensus rating and higher probable upside, analysts clearly believe Montauk Renewables is more favorable than Ocean Power Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Montauk Renewables
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Ocean Power Technologies
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Montauk Renewables has a beta of 0.04, suggesting that its stock price is 96% less volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.64, suggesting that its stock price is 164% more volatile than the S&P 500.

In the previous week, Montauk Renewables and Montauk Renewables both had 1 articles in the media. Montauk Renewables' average media sentiment score of 0.78 beat Ocean Power Technologies' score of 0.25 indicating that Montauk Renewables is being referred to more favorably in the media.

Company Overall Sentiment
Montauk Renewables Positive
Ocean Power Technologies Neutral

16.4% of Montauk Renewables shares are owned by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are owned by institutional investors. 54.7% of Montauk Renewables shares are owned by insiders. Comparatively, 1.0% of Ocean Power Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Ocean Power Technologies received 196 more outperform votes than Montauk Renewables when rated by MarketBeat users. Likewise, 73.59% of users gave Ocean Power Technologies an outperform vote while only 31.71% of users gave Montauk Renewables an outperform vote.

CompanyUnderperformOutperform
Montauk RenewablesOutperform Votes
13
31.71%
Underperform Votes
28
68.29%
Ocean Power TechnologiesOutperform Votes
209
73.59%
Underperform Votes
75
26.41%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Montauk Renewables$179.55M1.51$14.95M$0.0538.10
Ocean Power Technologies$6.12M13.89-$27.48M-$0.25-1.98

Summary

Montauk Renewables beats Ocean Power Technologies on 12 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 {thisCompany.Symbol} 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$85.17M$14.86B$7.30B$8.40B
Dividend YieldN/A5.02%10.95%4.11%
P/E Ratio-1.5519.8254.4019.74
Price / Sales13.8916.1023,766.76117.36
Price / CashN/A10.0735.5034.62
Price / Book1.542.373.534.51
Net Income-$27.48M$690.28M$4.30B$248.18M
7 Day Performance-13.70%0.90%-1.19%1.07%
1 Month Performance32.09%13.62%7.84%14.96%
1 Year Performance167.17%39.88%175.32%6.70%

Ocean Power Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OPTT
Ocean Power Technologies
N/A$0.50
-5.6%
N/A+179.2%$86.06M$6.12M-1.5650News Coverage
MNTK
Montauk Renewables
2.2886 of 5 stars
$2.09
+0.5%
$3.33
+59.5%
-58.1%$297.69M$179.55M13.06130Positive News
Analyst Revision
Gap Down
GWRS
Global Water Resources
2.8489 of 5 stars
$10.48
+0.6%
N/A-19.8%$287.69M$52.69M38.8190Earnings Report
PCYO
Pure Cycle
0.5886 of 5 stars
$10.95
+0.9%
N/A+17.6%$263.63M$29.91M19.9140
RGCO
RGC Resources
3.0727 of 5 stars
$21.88
+1.2%
N/A+3.3%$225.63M$91.31M18.70100Analyst Upgrade
SLNG
Stabilis Solutions
2.678 of 5 stars
$5.57
+2.6%
$12.00
+115.4%
+38.0%$103.58M$70.86M26.53250Gap Up
SUUN
SolarBank
2.9085 of 5 stars
$1.82
-0.5%
$6.00
+229.7%
-72.5%$58.85M$52.15M-8.2715Earnings Report
Analyst Revision
SPRU
Spruce Power
0.2196 of 5 stars
$1.97
-7.9%
N/A-45.6%$35.61M$82.11M-0.39180Earnings Report
Buyback Announcement
Gap Down
WAVE
Eco Wave Power Global AB (publ)
2.759 of 5 stars
$6.13
-5.4%
$14.50
+136.5%
+89.8%$34.02M$168,000.00-14.2610
CGBS
Crown LNG
N/A$0.07
+6.1%
N/AN/A$33.95MN/A-0.085High Trading Volume
NOVA
Sunnova Energy International
3.8577 of 5 stars
$0.21
-2.5%
$4.36
+1,964.0%
-95.1%$26.53M$839.92M-0.061,170Gap Down

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This page (NASDAQ:OPTT) was last updated on 5/21/2025 by MarketBeat.com Staff
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