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Ocean Power Technologies (OPTT)
:OPTT
OPTT Stock Chart & Stats
$0.41
-$0.25(-17.73%)
At close: 4:00 PM EST
$0.41
-$0.25(-17.73%)
Day’s Range― - ―
52-Week Range$0.29 - $0.90
Previous CloseN/A
Volume21.30M
Average Volume (3M)7.51M
Market Cap
$79.50M
Enterprise Value$83.66M
Total Cash (Recent Filing)$11.66M
Total Debt (Recent Filing)$12.85M
Price to Earnings (P/E)―
Beta2.92
Next Earnings
Mar 16, 2026EPS Estimate
-0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding194,959,930
10 Day Avg. Volume10,365,964
30 Day Avg. Volume7,507,691
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)1.94
Price to Sales (P/S)8.83
P/FCF Ratio-2.70
Enterprise Value/Market Cap1.05
Enterprise Value/Revenue22.32
Enterprise Value/Gross Profit-84.93
Enterprise Value/Ebitda-2.74
Forecast
1Y Price Target
$1.50Price Target Upside265.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.18
Revenue Forecast (FY)$8.45M
Bulls Say, Bears Say
Bulls Say
Backlog And Pipeline GrowthA $15M backlog and $137.5M pipeline materially improve visibility into future revenue and indicate strong demand across defense, government and commercial segments. This depth can enable multi-quarter conversion, support scaling of deployments, and reduce near-term revenue volatility if execution holds.
Validated Government ContractsWinning DHS/Coast Guard multi-buoy contracts provides program-level validation, preferred‑customer status, and integration into federal C5I systems. Such contracts can create recurring service/operational revenues and make OPT a vetted supplier for follow-on government programs, strengthening long-term market access.
Product & Infrastructure ProgressTransitioning docking/charging and WAM-V deployments from prototype to operational builds shows product maturation and system integration capability. That progress supports persistent autonomous operations, lowers unit operating costs over time, and increases potential for recurring installation, maintenance, and software revenue streams.
Bears Say
Sharp Revenue DeclineSteep year-over-year revenue drops signal execution and timing risks converting backlog into recognized sales. Persistent top-line weakness impedes operating leverage, makes scaling commercial operations harder, and increases reliance on milestone-timed government convertibility rather than predictable recurring revenue.
Negative Gross Profit & Rising LossesNegative gross profit combined with sharply higher operating expenses and widening net losses indicate structural margin and cost control challenges. Continued negative unit economics and elevated SG&A/engineering spend increase capital burn and raise the probability of further dilution before sustainable profitability is achieved.
Weak Returns & Cash-Flow ProfileDeeply negative ROE and persistent negative operating cash flow show poor returns on capital and ongoing cash burn despite moderate leverage. This constrains financial flexibility, increases reliance on external capital for scaling, and elevates execution risk during multi-quarter program deployments.
Ocean Power Technologies News
OPTT FAQ
What was Ocean Power Technologies’s price range in the past 12 months?
Ocean Power Technologies lowest stock price was $0.29 and its highest was $0.90 in the past 12 months.
What is Ocean Power Technologies’s market cap?
Ocean Power Technologies’s market cap is $79.50M.
When is Ocean Power Technologies’s upcoming earnings report date?
Ocean Power Technologies’s upcoming earnings report date is Mar 16, 2026 which is in 11 days.
How were Ocean Power Technologies’s earnings last quarter?
Ocean Power Technologies released its earnings results on Dec 15, 2025. The company reported -$0.06 earnings per share for the quarter, missing the consensus estimate of -$0.02 by -$0.04.
Is Ocean Power Technologies overvalued?
According to Wall Street analysts Ocean Power Technologies’s price is currently Undervalued.
Does Ocean Power Technologies pay dividends?
Ocean Power Technologies does not currently pay dividends.
What is Ocean Power Technologies’s EPS estimate?
Ocean Power Technologies’s EPS estimate is -0.05.
How many shares outstanding does Ocean Power Technologies have?
Ocean Power Technologies has 194,959,930 shares outstanding.
What happened to Ocean Power Technologies’s price movement after its last earnings report?
Ocean Power Technologies reported an EPS of -$0.06 in its last earnings report, missing expectations of -$0.02. Following the earnings report the stock price went down -28.91%.
Which hedge fund is a major shareholder of Ocean Power Technologies?
Currently, no hedge funds are holding shares in OPTT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Ocean Power Technologies Stock Smart Score
Underperform
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$1.50 (265.85% Upside)
$1.50 (265.85% Upside)
Insider Transactions
Bought Shares
Worth $9.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Negative
20 days / 200 days
Momentum
243.12%
12-Months-Change
Fundamentals
Return on Equity
-141.20%
Trailing 12-Months
Asset Growth
25.49%
Trailing 12-Months
Company Description
Ocean Power Technologies
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers distributed offshore power and communications for remote surface and subsea applications in markets, such as defense and security, offshore oil and gas, science and research, and offshore wind. Further, the company provides 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. Additionally, it offers offshore data collection, integration, analytics, and real time communication for various applications. The company 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.
OPTT Earnings Call
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment. While the company has shown strong growth in backlog and pipeline, as well as international expansion and government engagement, it has faced significant financial challenges with declining revenue, gross profit losses, and increased operating expenses leading to higher net losses.View all OPTT earnings summariesOPTT Stock 12 Month Forecast
Average Price Target
$1.50
▲(265.85% Upside)
Technical Analysis
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Ownership Overview
5.97% Insiders
3.82% Mutual Funds
0.28% Other Institutional Investors
87.03% Public Companies and Individual Investors