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Ocean Power Technologies (OPTT) Competitors

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$0.15 0.00 (0.00%)
As of 11:19 AM Eastern
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OPTT vs. NFE, SLNG, WAVE, VVPR, and SPRU

Should you buy Ocean Power Technologies stock or one of its competitors? MarketBeat compares Ocean Power Technologies with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Ocean Power Technologies include New Fortress Energy (NFE), Stabilis Solutions (SLNG), Eco Wave Power Global AB (publ) (WAVE), Vivopower International (VVPR), and Spruce Power (SPRU). These companies are all part of the "utilities" industry.

How does Ocean Power Technologies compare to New Fortress Energy?

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

New Fortress Energy currently has a consensus price target of $4.00, indicating a potential upside of 1,097.60%. Ocean Power Technologies has a consensus price target of $1.50, indicating a potential upside of 900.00%. Given New Fortress Energy's higher probable upside, analysts plainly 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
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Ocean Power Technologies
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00

In the previous week, Ocean Power Technologies had 8 more articles in the media than New Fortress Energy. MarketBeat recorded 9 mentions for Ocean Power Technologies and 1 mentions for New Fortress Energy. New Fortress Energy's average media sentiment score of 1.90 beat Ocean Power Technologies' score of 0.33 indicating that New Fortress Energy is being referred to more favorably in the media.

Company Overall Sentiment
New Fortress Energy Very Positive
Ocean Power Technologies Neutral

New Fortress Energy has a net margin of -164.16% compared to Ocean Power Technologies' net margin of -304.91%. Ocean Power Technologies' return on equity of -97.03% beat New Fortress Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
New Fortress Energy-164.16% -253.73% -15.46%
Ocean Power Technologies -304.91%-97.03%-72.36%

58.6% of New Fortress Energy shares are held by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are held by institutional investors. 29.4% of New Fortress Energy shares are held by insiders. Comparatively, 3.9% of Ocean Power Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

New Fortress Energy has a beta of 1.33, suggesting that its share price is 33% more volatile than the broader market. Comparatively, Ocean Power Technologies has a beta of 2.57, suggesting that its share price is 157% more volatile than the broader market.

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$1.50B0.06-$1.84B-$2.24N/A
Ocean Power Technologies$4.08M8.47-$27.48M-$0.22N/A

Summary

Ocean Power Technologies beats New Fortress Energy on 9 of the 17 factors compared between the two stocks.

How does Ocean Power Technologies compare to Stabilis Solutions?

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

Stabilis Solutions has a beta of -0.32, meaning that its stock price is 132% less volatile than the broader market. Comparatively, Ocean Power Technologies has a beta of 2.57, meaning that its stock price is 157% more volatile than the broader market.

3.8% of Stabilis Solutions shares are owned by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are owned by institutional investors. 72.2% of Stabilis Solutions shares are owned by insiders. Comparatively, 3.9% of Ocean Power Technologies shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Stabilis Solutions has a net margin of -6.25% compared to Ocean Power Technologies' net margin of -304.91%. Stabilis Solutions' return on equity of -5.85% beat Ocean Power Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Stabilis Solutions-6.25% -5.85% -4.16%
Ocean Power Technologies -304.91%-97.03%-72.36%

Stabilis Solutions presently has a consensus target price of $10.00, indicating a potential upside of 108.12%. Ocean Power Technologies has a consensus target price of $1.50, indicating a potential upside of 900.00%. Given Ocean Power Technologies' stronger consensus rating and higher possible upside, analysts plainly believe Ocean Power Technologies is more favorable than Stabilis Solutions.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Stabilis Solutions
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Ocean Power Technologies
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Stabilis Solutions$68.25M1.31-$1.35M-$0.20N/A
Ocean Power Technologies$4.08M8.47-$27.48M-$0.22N/A

In the previous week, Ocean Power Technologies had 8 more articles in the media than Stabilis Solutions. MarketBeat recorded 9 mentions for Ocean Power Technologies and 1 mentions for Stabilis Solutions. Stabilis Solutions' average media sentiment score of 1.90 beat Ocean Power Technologies' score of 0.33 indicating that Stabilis Solutions is being referred to more favorably in the media.

Company Overall Sentiment
Stabilis Solutions Very Positive
Ocean Power Technologies Neutral

Summary

Ocean Power Technologies beats Stabilis Solutions on 9 of the 17 factors compared between the two stocks.

How does Ocean Power Technologies compare to Eco Wave Power Global AB (publ)?

Ocean Power Technologies (NASDAQ:OPTT) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both small-cap energy companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, media sentiment, analyst recommendations, earnings, risk, valuation, profitability and institutional ownership.

Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Ocean Power Technologies' net margin of -304.91%. Eco Wave Power Global AB (publ)'s return on equity of -66.77% 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%
Eco Wave Power Global AB (publ) N/A -66.77%-46.75%

Ocean Power Technologies has a beta of 2.57, indicating that its share price is 157% more volatile than the broader market. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.38, indicating that its share price is 138% less volatile than the broader market.

Ocean Power Technologies currently has a consensus target price of $1.50, indicating a potential upside of 900.00%. Given Ocean Power Technologies' stronger consensus rating and higher possible upside, research analysts plainly believe Ocean Power Technologies is more favorable than Eco Wave Power Global AB (publ).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ocean Power Technologies
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00
Eco Wave Power Global AB (publ)
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

In the previous week, Ocean Power Technologies had 3 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 9 mentions for Ocean Power Technologies and 6 mentions for Eco Wave Power Global AB (publ). Eco Wave Power Global AB (publ)'s average media sentiment score of 0.82 beat Ocean Power Technologies' score of 0.33 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ocean Power Technologies
2 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Eco Wave Power Global AB (publ)
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

11.9% of Ocean Power Technologies shares are owned by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. 3.9% of Ocean Power Technologies shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Eco Wave Power Global AB (publ) has lower revenue, but higher earnings than Ocean Power Technologies. Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Ocean Power Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ocean Power Technologies$4.08M8.47-$27.48M-$0.22N/A
Eco Wave Power Global AB (publ)$40K1,056.03-$3.70M-$0.68N/A

Summary

Ocean Power Technologies beats Eco Wave Power Global AB (publ) on 11 of the 17 factors compared between the two stocks.

How does Ocean Power Technologies compare to Vivopower International?

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

Vivopower International has higher earnings, but lower revenue than Ocean Power Technologies.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Vivopower International$61K876.89-$12.79MN/AN/A
Ocean Power Technologies$4.08M8.47-$27.48M-$0.22N/A

In the previous week, Ocean Power Technologies had 9 more articles in the media than Vivopower International. MarketBeat recorded 9 mentions for Ocean Power Technologies and 0 mentions for Vivopower International. Ocean Power Technologies' average media sentiment score of 0.33 beat Vivopower International's score of 0.00 indicating that Ocean Power Technologies is being referred to more favorably in the news media.

Company Overall Sentiment
Vivopower International Neutral
Ocean Power Technologies Neutral

15.8% of Vivopower International shares are held by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are held by institutional investors. 9.1% of Vivopower International shares are held by insiders. Comparatively, 3.9% of Ocean Power Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Vivopower International has a beta of -1.65, indicating that its share price is 265% less volatile than the broader market. Comparatively, Ocean Power Technologies has a beta of 2.57, indicating that its share price is 157% more volatile than the broader market.

Ocean Power Technologies has a consensus target price of $1.50, suggesting a potential upside of 900.00%. Given Ocean Power Technologies' stronger consensus rating and higher probable upside, analysts clearly believe Ocean Power Technologies is more favorable than Vivopower International.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vivopower International
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Ocean Power Technologies
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00

Vivopower International has a net margin of 0.00% compared to Ocean Power Technologies' net margin of -304.91%. Vivopower International's return on equity of 0.00% beat Ocean Power Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Vivopower InternationalN/A N/A N/A
Ocean Power Technologies -304.91%-97.03%-72.36%

Summary

Ocean Power Technologies beats Vivopower International on 8 of the 15 factors compared between the two stocks.

How does Ocean Power Technologies compare to Spruce Power?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ocean Power Technologies$4.08M8.47-$27.48M-$0.22N/A
Spruce Power$111.81M0.34-$26.03M-$0.76N/A

Spruce Power has a net margin of -12.22% compared to Ocean Power Technologies' net margin of -304.91%. Spruce Power's return on equity of -10.95% 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%
Spruce Power -12.22%-10.95%-1.60%

Ocean Power Technologies has a beta of 2.57, suggesting that its share price is 157% more volatile than the broader market. Comparatively, Spruce Power has a beta of 1.16, suggesting that its share price is 16% more volatile than the broader market.

In the previous week, Ocean Power Technologies had 9 more articles in the media than Spruce Power. MarketBeat recorded 9 mentions for Ocean Power Technologies and 0 mentions for Spruce Power. Ocean Power Technologies' average media sentiment score of 0.33 beat Spruce Power's score of 0.00 indicating that Ocean Power Technologies is being referred to more favorably in the media.

Company Overall Sentiment
Ocean Power Technologies Neutral
Spruce Power Neutral

Ocean Power Technologies presently has a consensus target price of $1.50, suggesting a potential upside of 900.00%. Given Ocean Power Technologies' stronger consensus rating and higher possible upside, equities analysts plainly believe Ocean Power Technologies is more favorable than Spruce Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ocean Power Technologies
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00
Spruce Power
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

11.9% of Ocean Power Technologies shares are owned by institutional investors. Comparatively, 20.8% of Spruce Power shares are owned by institutional investors. 3.9% of Ocean Power Technologies shares are owned by insiders. Comparatively, 11.2% of Spruce Power shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Ocean Power Technologies beats Spruce Power on 10 of the 17 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

Export
MetricOcean Power TechnologiesElectric services IndustryEnergy SectorNASDAQ Exchange
Market Cap$34.53M$3.49B$10.17B$12.16B
Dividend YieldN/A5.22%11.41%9.80%
P/E Ratio-0.4747.4519.4523.69
Price / Sales8.47165.18379.2890.47
Price / CashN/A13.2236.6146.67
Price / Book0.470.764.116.17
Net Income-$27.48M$231.89M$4.25B$331.36M
7 Day Performance-21.67%-3.23%0.61%0.81%
1 Month Performance-40.94%-5.47%2.25%-1.68%
1 Year Performance-76.66%120.50%27.90%13.95%

Ocean Power Technologies Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OPTT
Ocean Power Technologies
2.2688 of 5 stars		$0.15
flat		$1.50
+900.0%		-76.7%$34.53M$4.08MN/A50
NFE
New Fortress Energy
2.6829 of 5 stars		$0.33
-7.5%		$4.00
+1,111.8%		-90.7%$101.89M$1.50BN/A670
SLNG
Stabilis Solutions
3.1683 of 5 stars		$3.89
+2.6%		$10.00
+157.1%		-2.5%$70.48M$68.25MN/A250
WAVE
Eco Wave Power Global AB (publ)
0.7391 of 5 stars		$8.65
-0.7%		N/A-14.5%$48.33M$40KN/A10
VVPR
Vivopower International
N/A$3.85
-1.5%		N/A-12.5%$48.23M$61KN/A240

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This page (NASDAQ:OPTT) was last updated on 7/27/2026 by MarketBeat.com Staff.
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