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The latest announcement is out from Ocean Power Technologies ( (OPTT) ).
On September 2, 2025, Ocean Power Technologies announced the shipment of two WAM-V® Unmanned Surface Vehicles to the UAE-based Remah International Group, which focuses on military services. This move is part of OPT’s strategy to expand its presence in the Middle East, with plans to establish a sales and operations office and make strategic hires in the region. The shipment is expected to enhance OPT’s market positioning by showcasing their expeditionary capabilities and autonomous ocean operations, potentially accelerating demand and strengthening partnerships in the region.
The most recent analyst rating on (OPTT) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Ocean Power Technologies stock, see the OPTT Stock Forecast page.
Spark’s Take on OPTT Stock
According to Spark, TipRanks’ AI Analyst, OPTT is a Neutral.
Ocean Power Technologies faces significant financial challenges with poor profitability and cash flow metrics, which heavily impact its overall score. However, technical indicators suggest some potential for short-term improvement, and recent corporate events provide a positive outlook for future operational and financial stability.
To see Spark’s full report on OPTT stock, click here.
More about Ocean Power Technologies
Ocean Power Technologies, Inc. is a leader in providing innovative and cost-effective low-carbon marine power, data, and service solutions. The company offers intelligent maritime solutions and services for various markets, including defense and security, oil and gas, science and research, and offshore wind. Their products include the Merrows™ system for seamless integration of Maritime Domain Awareness Systems, PowerBuoy® platforms for clean electric power and data communications, and WAM-V® autonomous surface vessels.
Average Trading Volume: 5,357,286
Technical Sentiment Signal: Buy
Current Market Cap: $93.76M
See more data about OPTT stock on TipRanks’ Stock Analysis page.