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Ocean Power Technologies (OPTT)
:OPTT
Earnings Data
Report Date
Mar 16, 2026TBA (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.05Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
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.Company Guidance
Increased Backlog and Pipeline
Backlog increased to approximately $15 million, up $11.2 million from the same period last year. The pipeline expanded to $137.5 million, a $53.2 million increase year over year.
International Expansion
Conducted successful demonstrations in Latin America and the UAE, enhancing international presence and opening avenues for follow-on work.
Government Engagement and Initiatives
Resumed discussions with multiple US agencies, aligning with initiatives such as the US Coast Guard's Raptor effort, indicating a strong government intent to deploy scalable systems.
Substantial Cash Position
Combined cash, cash equivalents, and short-term investments were $11.7 million as of October 31, compared to $6.7 million at the beginning of the fiscal year.
OPTT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OPTT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Dec 15, 2025 | $0.42 | $0.30 | -28.57% |
Sep 15, 2025 | $0.55 | $0.49 | -10.91% |
Jul 24, 2025 | $0.75 | $0.64 | -14.67% |
Mar 18, 2025 | $0.61 | $0.50 | -18.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ocean Power Technologies (OPTT) report earnings?
Ocean Power Technologies (OPTT) is schdueled to report earning on Mar 16, 2026, TBA (Confirmed).
What is Ocean Power Technologies (OPTT) earnings time?
Ocean Power Technologies (OPTT) earnings time is at Mar 16, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OPTT EPS forecast?
OPTT EPS forecast for the fiscal quarter 2026 (Q3) is -0.04.
