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NASDAQ:OPTT

Ocean Power Technologies (OPTT) Stock Price, News & Analysis

Ocean Power Technologies logo
$0.43 +0.01 (+1.71%)
Closing price 05/2/2025 04:00 PM Eastern
Extended Trading
$0.43 0.00 (-0.55%)
As of 05/2/2025 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.

About Ocean Power Technologies Stock (NASDAQ:OPTT)

Key Stats

Today's Range
$0.42
$0.45
50-Day Range
$0.33
$0.64
52-Week Range
$0.12
$1.75
Volume
2.21 million shs
Average Volume
20.54 million shs
Market Capitalization
$74.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Australia, and Asia. It offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. The company also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. It serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

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OPTT Stock News Headlines

Virtually Limitless Energy?
A radical energy breakthrough could change everything. Scientists at MIT and a stealth startup may have discovered a new form of power—what some are calling “Helios” technology. It’s not solar, wind, or even nuclear fission. In fact, it could yield more energy than oil, gas, and coal combined—without harmful byproducts. This obscure company could be at the center of the next trillion-dollar energy revolution.
Ocean Power secures order for fully integrated WAM-V
See More Headlines

OPTT Stock Analysis - Frequently Asked Questions

Ocean Power Technologies' stock was trading at $1.02 on January 1st, 2025. Since then, OPTT stock has decreased by 57.5% and is now trading at $0.4334.
View the best growth stocks for 2025 here
.

Ocean Power Technologies, Inc. (NASDAQ:OPTT) announced its earnings results on Monday, September, 14th. The energy company reported ($0.22) earnings per share (EPS) for the quarter. The energy company had revenue of $0.17 million for the quarter. Ocean Power Technologies had a negative trailing twelve-month return on equity of 97.03% and a negative net margin of 304.91%.

Shares of OPTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ocean Power Technologies investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), NIO (NIO), Virgin Galactic (SPCE), Plug Power (PLUG) and AST SpaceMobile (ASTS).

Company Calendar

Last Earnings
9/14/2020
Today
5/02/2025
Fiscal Year End
4/30/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Energy
Industry
Electric services
Sub-Industry
Utilities
Current Symbol
NASDAQ:OPTT
Employees
50
Year Founded
1984

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-27,480,000.00
Net Margins
-304.91%
Pretax Margin
-322.62%

Debt

Sales & Book Value

Annual Sales
$6.12 million
Price / Cash Flow
N/A
Book Value
$0.32 per share
Price / Book
1.35

Miscellaneous

Free Float
144,579,000
Market Cap
$74.57 million
Optionable
Optionable
Beta
2.51

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This page (NASDAQ:OPTT) was last updated on 5/3/2025 by MarketBeat.com Staff
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