Ocean Power Technologies (OPTT) Competitors

Ocean Power Technologies logo
$0.74 -0.05 (-6.54%)
Closing price 02/14/2025 04:00 PM Eastern
Extended Trading
$0.73 -0.01 (-1.75%)
As of 02/14/2025 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

OPTT vs. NOVA, PCYO, GWRS, RGCO, SUUN, SLNG, SPRU, WAVE, CETY, and CGBS

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

Ocean Power Technologies vs.

Ocean Power Technologies (NASDAQ:OPTT) and Sunnova Energy International (NYSE:NOVA) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, earnings, community ranking, media sentiment, institutional ownership, profitability and dividends.

Ocean Power Technologies has a beta of 2.58, indicating that its share price is 158% more volatile than the S&P 500. Comparatively, Sunnova Energy International has a beta of 2.28, indicating that its share price is 128% more volatile than the S&P 500.

Ocean Power Technologies received 95 more outperform votes than Sunnova Energy International when rated by MarketBeat users. Likewise, 73.85% of users gave Ocean Power Technologies an outperform vote while only 55.34% of users gave Sunnova Energy International an outperform vote.

CompanyUnderperformOutperform
Ocean Power TechnologiesOutperform Votes
209
73.85%
Underperform Votes
74
26.15%
Sunnova Energy InternationalOutperform Votes
114
55.34%
Underperform Votes
92
44.66%

11.9% of Ocean Power Technologies shares are owned by institutional investors. 1.0% of Ocean Power Technologies shares are owned by insiders. Comparatively, 4.5% of Sunnova Energy International shares are owned by 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.

Sunnova Energy International has a net margin of -51.02% compared to Ocean Power Technologies' net margin of -304.91%. Sunnova Energy International's return on equity of -11.15% 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%
Sunnova Energy International -51.02%-11.15%-2.06%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ocean Power Technologies$7.08M15.32-$27.48M-$0.32-2.32
Sunnova Energy International$720.65M0.33-$417.96M-$3.35-0.57

Sunnova Energy International has a consensus target price of $9.03, indicating a potential upside of 374.15%. Given Sunnova Energy International's stronger consensus rating and higher possible upside, analysts clearly believe Sunnova Energy International 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)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Sunnova Energy International
1 Sell rating(s)
13 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Sunnova Energy International had 3 more articles in the media than Ocean Power Technologies. MarketBeat recorded 5 mentions for Sunnova Energy International and 2 mentions for Ocean Power Technologies. Sunnova Energy International's average media sentiment score of 0.68 beat Ocean Power Technologies' score of 0.54 indicating that Sunnova Energy International is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ocean Power Technologies
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Sunnova Energy International
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Sunnova Energy International beats Ocean Power Technologies on 11 of the 18 factors compared between the two stocks.

Get Ocean Power Technologies News Delivered to You Automatically

Sign up to receive the latest news and ratings for OPTT and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

OPTT vs. The Competition

MetricOcean Power TechnologiesElectric services IndustryEnergy SectorNASDAQ Exchange
Market Cap$108.51M$13.96B$9.08B$9.22B
Dividend YieldN/A4.89%11.71%4.00%
P/E Ratio-2.3215.9811.7919.45
Price / Sales15.328,926.32286.8977.34
Price / CashN/A10.2511.9138.90
Price / Book2.322.794.165.05
Net Income-$27.48M$658.53M$901.73M$222.81M
7 Day Performance-6.55%0.65%0.00%1.29%
1 Month Performance-18.97%3.91%-2.86%1.52%
1 Year Performance112.71%38.29%406.22%16.53%

Ocean Power Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OPTT
Ocean Power Technologies
N/A$0.74
-6.5%
N/A+112.7%$108.51M$7.08M-2.3250
NOVA
Sunnova Energy International
4.4879 of 5 stars
$2.31
+3.0%
$9.03
+291.5%
-83.1%$288.26M$720.65M-0.692,047
PCYO
Pure Cycle
2.1617 of 5 stars
$11.67
+0.3%
N/A+21.3%$281.05M$29.11M21.2240
GWRS
Global Water Resources
2.3434 of 5 stars
$11.35
+0.2%
N/A-9.9%$274.99M$53.03M42.0590
RGCO
RGC Resources
4.2025 of 5 stars
$21.30
+1.4%
N/A+7.0%$218.54M$84.64M18.36100Earnings Report
Gap Up
SUUN
SolarBank
1.0137 of 5 stars
$5.69
+23.2%
$6.00
+5.4%
N/A$177.52M$43.08M-33.5915Earnings Report
Upcoming Earnings
Short Interest ↑
Gap Up
High Trading Volume
SLNG
Stabilis Solutions
3.2778 of 5 stars
$7.28
+15.7%
$12.00
+64.9%
+73.7%$135.17M$73.11M34.64250Short Interest ↓
High Trading Volume
SPRU
Spruce Power
0.3068 of 5 stars
$2.59
+2.0%
N/A-34.2%$48.08M$79.86M-0.51180
WAVE
Eco Wave Power Global AB (publ)
2.9057 of 5 stars
$8.59
-1.9%
$14.00
+63.1%
+526.9%$47.65M$310,000.00-19.9710
CETY
Clean Energy Technologies
N/A$0.50
+0.0%
N/A-34.9%$22.49M$15.11M-3.1310
CGBS
Crown LNG
N/A$0.32
+2.2%
N/AN/A$22.01MN/A-0.375Gap Up

Related Companies and Tools


This page (NASDAQ:OPTT) was last updated on 2/18/2025 by MarketBeat.com Staff
From Our Partners