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Ocean Power Technologies (OPTT) Competitors

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$0.28 0.00 (-0.77%)
As of 03:43 PM Eastern
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OPTT vs. PCYO, RGCO, MNTK, GWRS, and NFE

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 Pure Cycle (PCYO), RGC Resources (RGCO), Montauk Renewables (MNTK), Global Water Resources (GWRS), and New Fortress Energy (NFE). These companies are all part of the "utilities" industry.

How does Ocean Power Technologies compare to Pure Cycle?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ocean Power Technologies$3.44M19.10-$27.48M-$0.20N/A
Pure Cycle$26.09M10.11$13.11M$0.5818.87

11.9% of Ocean Power Technologies shares are owned by institutional investors. Comparatively, 51.4% of Pure Cycle shares are owned by institutional investors. 3.9% of Ocean Power Technologies shares are owned by company insiders. Comparatively, 6.1% of Pure Cycle shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Pure Cycle has a net margin of 45.80% compared to Ocean Power Technologies' net margin of -304.91%. Pure Cycle's return on equity of 9.75% 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%
Pure Cycle 45.80%9.75%8.65%

In the previous week, Pure Cycle's average media sentiment score of 1.87 beat Ocean Power Technologies' score of 0.50 indicating that Pure Cycle is being referred to more favorably in the news media.

Company Overall Sentiment
Ocean Power Technologies Positive
Pure Cycle Very Positive

Ocean Power Technologies presently has a consensus target price of $1.50, suggesting a potential upside of 426.32%. Given Ocean Power Technologies' stronger consensus rating and higher possible upside, equities analysts plainly believe Ocean Power Technologies is more favorable than Pure Cycle.

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
Pure Cycle
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Ocean Power Technologies has a beta of 2.52, indicating that its share price is 152% more volatile than the broader market. Comparatively, Pure Cycle has a beta of 1.24, indicating that its share price is 24% more volatile than the broader market.

Summary

Pure Cycle beats Ocean Power Technologies on 10 of the 16 factors compared between the two stocks.

How does Ocean Power Technologies compare to RGC Resources?

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

Ocean Power Technologies currently has a consensus target price of $1.50, suggesting a potential upside of 426.32%. Given Ocean Power Technologies' higher possible upside, equities research analysts plainly believe Ocean Power Technologies is more favorable than RGC Resources.

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
RGC Resources
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

11.9% of Ocean Power Technologies shares are held by institutional investors. Comparatively, 35.8% of RGC Resources shares are held by institutional investors. 3.9% of Ocean Power Technologies shares are held by company insiders. Comparatively, 7.2% of RGC Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, RGC Resources had 1 more articles in the media than Ocean Power Technologies. MarketBeat recorded 1 mentions for RGC Resources and 0 mentions for Ocean Power Technologies. RGC Resources' average media sentiment score of 0.63 beat Ocean Power Technologies' score of 0.50 indicating that RGC Resources is being referred to more favorably in the news media.

Company Overall Sentiment
Ocean Power Technologies Positive
RGC Resources Positive

RGC Resources has a net margin of 13.01% compared to Ocean Power Technologies' net margin of -304.91%. RGC Resources' return on equity of 11.87% 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%
RGC Resources 13.01%11.87%4.19%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ocean Power Technologies$3.44M19.10-$27.48M-$0.20N/A
RGC Resources$95.33M2.64$13.28M$1.3418.04

Ocean Power Technologies has a beta of 2.52, suggesting that its share price is 152% more volatile than the broader market. Comparatively, RGC Resources has a beta of 0.52, suggesting that its share price is 48% less volatile than the broader market.

Summary

RGC Resources beats Ocean Power Technologies on 11 of the 15 factors compared between the two stocks.

How does Ocean Power Technologies compare to Montauk Renewables?

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

Montauk Renewables currently has a consensus target price of $1.80, suggesting a potential upside of 10.77%. Ocean Power Technologies has a consensus target price of $1.50, suggesting a potential upside of 426.32%. Given Ocean Power Technologies' stronger consensus rating and higher probable upside, analysts clearly believe Ocean Power Technologies is more favorable than Montauk Renewables.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Montauk Renewables
1 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.80
Ocean Power Technologies
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00

16.4% of Montauk Renewables shares are owned by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are owned by institutional investors. 54.3% of Montauk Renewables shares are owned by company insiders. Comparatively, 3.9% of Ocean Power Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

In the previous week, Montauk Renewables had 2 more articles in the media than Ocean Power Technologies. MarketBeat recorded 2 mentions for Montauk Renewables and 0 mentions for Ocean Power Technologies. Montauk Renewables' average media sentiment score of 1.00 beat Ocean Power Technologies' score of 0.50 indicating that Montauk Renewables is being referred to more favorably in the media.

Company Overall Sentiment
Montauk Renewables Positive
Ocean Power Technologies Positive

Montauk Renewables has a net margin of 0.40% compared to Ocean Power Technologies' net margin of -304.91%. Montauk Renewables' return on equity of 0.28% beat Ocean Power Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Montauk Renewables0.40% 0.28% 0.17%
Ocean Power Technologies -304.91%-97.03%-72.36%

Montauk Renewables has a beta of 0.53, suggesting that its stock price is 47% less volatile than the broader market. Comparatively, Ocean Power Technologies has a beta of 2.52, suggesting that its stock price is 152% more volatile than the broader market.

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$176.38M1.31$1.75M$0.0281.25
Ocean Power Technologies$3.44M19.10-$27.48M-$0.20N/A

Summary

Montauk Renewables beats Ocean Power Technologies on 11 of the 17 factors compared between the two stocks.

How does Ocean Power Technologies compare to Global Water Resources?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ocean Power Technologies$3.44M19.10-$27.48M-$0.20N/A
Global Water Resources$55.76M3.55$2.96M$0.0798.36

Ocean Power Technologies currently has a consensus price target of $1.50, suggesting a potential upside of 426.32%. Global Water Resources has a consensus price target of $15.00, suggesting a potential upside of 117.86%. Given Ocean Power Technologies' stronger consensus rating and higher possible upside, equities analysts plainly believe Ocean Power Technologies is more favorable than Global Water Resources.

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
Global Water Resources
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

In the previous week, Global Water Resources had 1 more articles in the media than Ocean Power Technologies. MarketBeat recorded 1 mentions for Global Water Resources and 0 mentions for Ocean Power Technologies. Global Water Resources' average media sentiment score of 0.94 beat Ocean Power Technologies' score of 0.50 indicating that Global Water Resources is being referred to more favorably in the news media.

Company Overall Sentiment
Ocean Power Technologies Positive
Global Water Resources Positive

Ocean Power Technologies has a beta of 2.52, suggesting that its stock price is 152% more volatile than the broader market. Comparatively, Global Water Resources has a beta of 0.92, suggesting that its stock price is 8% less volatile than the broader market.

11.9% of Ocean Power Technologies shares are held by institutional investors. Comparatively, 27.9% of Global Water Resources shares are held by institutional investors. 3.9% of Ocean Power Technologies shares are held by company insiders. Comparatively, 53.7% of Global Water Resources shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Global Water Resources has a net margin of 3.53% compared to Ocean Power Technologies' net margin of -304.91%. Global Water Resources' return on equity of 3.53% 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%
Global Water Resources 3.53%3.53%0.63%

Summary

Global Water Resources beats Ocean Power Technologies on 11 of the 17 factors compared between the two stocks.

How does Ocean Power Technologies compare to New Fortress Energy?

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

Ocean Power Technologies has a beta of 2.52, suggesting that its share price is 152% more volatile than the broader market. Comparatively, New Fortress Energy has a beta of 1.28, suggesting that its share price is 28% more volatile than the broader market.

Ocean Power Technologies has higher earnings, but lower revenue 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
Ocean Power Technologies$3.44M19.10-$27.48M-$0.20N/A
New Fortress Energy$1.50B0.10-$1.84B-$2.24N/A

In the previous week, New Fortress Energy's average media sentiment score of 1.02 beat Ocean Power Technologies' score of 0.50 indicating that New Fortress Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Ocean Power Technologies Positive
New Fortress Energy Positive

Ocean Power Technologies presently has a consensus price target of $1.50, suggesting a potential upside of 426.32%. New Fortress Energy has a consensus price target of $7.00, suggesting a potential upside of 1,246.15%. Given New Fortress Energy's higher possible 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
Ocean Power Technologies
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00
New Fortress Energy
2 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.83

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

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
Ocean Power Technologies-304.91% -97.03% -72.36%
New Fortress Energy -164.16%-253.73%-15.46%

Summary

New Fortress Energy beats Ocean Power Technologies on 8 of the 15 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$65.60M$3.61B$9.83B$12.25B
Dividend YieldN/A5.39%10.42%5.66%
P/E Ratio-0.8952.3419.5124.45
Price / Sales19.10204.25750.74138.35
Price / CashN/A12.8737.2637.92
Price / Book0.890.804.156.77
Net Income-$27.48M$231.89M$4.24B$337.21M
7 Day Performance0.04%-1.49%-1.88%2.12%
1 Month Performance-14.93%-5.89%-5.53%3.99%
1 Year Performance-48.68%165.00%33.01%28.92%

Ocean Power Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OPTT
Ocean Power Technologies
2.1907 of 5 stars
$0.29
-0.8%
$1.50
+426.3%
-44.7%$65.60M$3.44MN/A50
PCYO
Pure Cycle
1.1659 of 5 stars
$10.57
-1.5%
N/A+4.2%$258.64M$26.09M18.2240
RGCO
RGC Resources
2.7195 of 5 stars
$24.20
+1.1%
N/A+19.4%$249.15M$95.33M18.06100
MNTK
Montauk Renewables
2.8754 of 5 stars
$1.70
+2.4%
$1.80
+5.9%
-23.8%$236.29M$176.38M85.04130
GWRS
Global Water Resources
4.8224 of 5 stars
$6.72
-4.4%
$15.00
+123.2%
-35.2%$202.21M$55.76M96.0090

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This page (NASDAQ:OPTT) was last updated on 6/16/2026 by MarketBeat.com Staff.
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