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OPTT Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
0.519
Open
0.401
VWAP
0.47
Vol
44.46M
Mkt Cap
95.53M
Low
0.401
Amount
20.91M
EV/EBITDA(TTM)
--
Total Shares
194.96M
EV
77.20M
EV/OCF(TTM)
--
P/S(TTM)
18.12
Ocean Power Technologies, Inc. provides ocean data collection and reporting, marine power, offshore communications and domain awareness services products, and integrated solutions. The Company focuses on three major service areas: Data as a Service (DaaS), which includes data collected by its Wave Adaptive Modular Vessel (WAM-V) autonomous vehicles or its PowerBuoy product lines; Robotics as a Service (RaaS), which provides a lower cost subscription model for its customers to access use of its WAM-Vs, and Power as a Service (PaaS), which includes its PowerBuoy and subsea battery products. The Company's solutions are primarily suited to ocean and other offshore environments, and support generation of actionable intelligence on a standalone basis. The Company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, science and research, wind power, and other industries.
Show More

Events Timeline

(ET)
2026-02-24
08:30:00
Ocean Power Technologies Secures Approximately $1.5 Million Purchase Order from Coast Guard
select
2026-02-23 (ET)
2026-02-23
08:30:00
Ocean Power Technologies Updates on Global Deployments
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2026-01-06 (ET)
2026-01-06
07:10:00
Ocean Power Technologies Awarded Over $5 Million Contract for PowerBuoy Systems
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2025-12-15 (ET)
2025-12-15
16:21:00
Major Averages Decline as Markets Enter Final Week of 2025
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2025-12-15
12:00:00
Major Averages Lower as Investors Focus on Economic Indicators
select
2025-12-15
09:00:00
Goldman Sachs Upgrades Las Vegas Sands Price Target to $80
select
2025-12-15
07:20:00
OPT Reports Q2 Revenue of $0.4M, Down from $2.4M Last Year
select

News

seekingalpha
7.5
02-24seekingalpha
Ocean Power Technologies Secures $1.5M USCG Order for Buoy Systems
  • Order Value: Ocean Power Technologies (OPTT) has secured a ~$1.5 million purchase order from the United States Coast Guard (USCG) for the installation and deployment of previously ordered buoy systems, marking the completion of the acquisition cycle and potentially leading to short-term revenue growth for the company.
  • Support for Security Missions: This order will support the Department of Homeland Security (DHS) maritime security missions, indicating an increased involvement of the company in national security initiatives and enhancing its competitiveness in the government contracting market.
  • Deployment Plan: Under the scope of work, OPT will be responsible for the deployment, commissioning, and operational activation of the buoy systems to ensure full integration and mission readiness, which will improve operational efficiency and customer satisfaction.
  • Market Reaction: Following the announcement, OPTT's stock price fell 0.73% in pre-market trading to $0.4348, reflecting market concerns over the company's financial performance, particularly as its recent earnings report showed a loss per share and revenue that missed expectations.
moomoo
3.5
02-23moomoo
OCEAN POWER TECHNOLOGIES SHARES UPDATE ON GLOBAL DEPLOYMENTS AND INFRASTRUCTURE PROGRESS
  • Global Deployments: Ocean Power Technologies provides an operational update on its global deployments, highlighting ongoing projects and initiatives.

  • Infrastructure Development: The company discusses advancements in infrastructure development related to its ocean power technologies, emphasizing their impact on renewable energy solutions.

Benzinga
9.5
01-26Benzinga
Baker Hughes Q4 Earnings Exceed Expectations
  • Earnings Beat: Baker Hughes reported adjusted earnings of 78 cents per share for Q4, surpassing market expectations of 67 cents, indicating strong performance in the oil and gas sector, which is likely to boost investor confidence.
  • Sales Growth: The company's quarterly sales reached $7.386 billion, exceeding expectations of $7.068 billion, reflecting its competitive edge amid recovering market demand and potentially driving future business expansion.
  • Stock Price Surge: Baker Hughes shares rose 3.7% to $55.81 in pre-market trading, indicating a positive market reaction to its financial performance, which may attract more investor interest.
  • Industry Impact: This earnings improvement not only strengthens Baker Hughes' market position but could also positively influence the entire oil and gas industry, prompting other companies to increase investment and innovation efforts.
Benzinga
7.5
01-06Benzinga
Ocean Power Technologies Secures Over $5M Contract to Enhance Maritime Surveillance
  • Contract Award: Ocean Power Technologies has secured a multi-buoy contract exceeding $5 million with the U.S. Department of Homeland Security, aimed at enhancing maritime domain awareness off the coast of San Diego, thereby strengthening national security at sea.
  • Technology Integration: The contract will provide several Merrows-equipped PowerBuoy systems deployed alongside Anduril surveillance towers, forming an integrated sensing architecture that ensures data streams are fed into Anduril's Command-and-Control system, enhancing real-time decision support for mission operators.
  • Market Reaction: Following the contract announcement, Ocean Power's stock surged 17.4% to 39 cents, indicating strong market confidence in the company's growth potential and reflecting investor interest in renewable energy infrastructure.
  • Strategic Implications: CEO Philipp Stratmann emphasized that this collaboration not only supports national security but also promotes the use of renewable energy in critical waterways, highlighting the company's strategic positioning in the sustainable development sector.
Globenewswire
9.5
2025-12-15Globenewswire
Ocean Power Technologies Reports 300% Increase in Backlog to $15 Million in Q2 FY26
  • Backlog Surge: As of October 31, 2025, Ocean Power Technologies reported a backlog of $15 million, an increase of $11.2 million or nearly 300% year-over-year, indicating strong growth potential amid rising market demand.
  • Pipeline Expansion: The company's project pipeline reached $137.5 million as of October 31, 2025, reflecting a $53.1 million or 63% increase from $84.4 million in the same period last year, providing robust support for future revenue expectations.
  • Strategic Partnership: In November 2025, OPT signed a strategic partnership with Mythos AI to integrate advanced AI-driven autonomy into its WAM-V® platforms, enhancing its competitive positioning in defense and commercial markets.
  • Training Certification: OPT became certified by AUVSI as a Trusted Uncrewed Maritime Systems Operator Training Provider, expanding its revenue-generating training offerings and establishing industry standards in uncrewed maritime operations.
Newsfilter
9.5
2025-12-15Newsfilter
Ocean Power Technologies Reports $0.4M Revenue Decline in Q2, Backlog Grows to $15M
  • Significant Backlog Growth: As of October 31, 2025, OPT's backlog reached approximately $15 million, an increase of $11.2 million or nearly 300% year-over-year, indicating strong growth potential amid rising market demand.
  • Pipeline Expansion: The company's pipeline stood at $137.5 million as of October 31, 2025, reflecting a $53.1 million increase or 63% growth compared to the previous year, providing robust support for future revenue expectations.
  • Strategic Partnerships: In November 2025, OPT signed a strategic partnership with Mythos AI to integrate advanced AI-driven autonomy into its WAM-V® platforms, enhancing the company's competitive positioning in defense and commercial markets.
  • Financial Performance Challenges: Despite the growth in backlog and pipeline, OPT reported revenues of $0.4 million for Q2 FY26, an 83% decline year-over-year, primarily due to delivery delays caused by the U.S. federal government shutdown, resulting in a net loss of $10.8 million.
Wall Street analysts forecast OPTT stock price to rise
1 Analyst Rating
Wall Street analysts forecast OPTT stock price to rise
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
1.50
Averages
1.50
High
1.50
Current: 0.000
sliders
Low
1.50
Averages
1.50
High
1.50
Ladenburg
NULL -> Buy
initiated
$1.50
AI Analysis
2025-09-24
Reason
Ladenburg
Price Target
$1.50
AI Analysis
2025-09-24
initiated
NULL -> Buy
Reason
Ladenburg initiated coverage of Ocean Power with a Buy rating and $1.50 price target.

Valuation Metrics

The current forward P/E ratio for Ocean Power Technologies Inc (OPTT.A) is -2.43, compared to its 5-year average forward P/E of -0.08. For a more detailed relative valuation and DCF analysis to assess Ocean Power Technologies Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-0.08
Current PE
-2.43
Overvalued PE
0.42
Undervalued PE
-0.59

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-0.00
Current EV/EBITDA
-3.82
Overvalued EV/EBITDA
3.11
Undervalued EV/EBITDA
-3.12

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
0.76
Current PS
4.01
Overvalued PS
2.51
Undervalued PS
-1.00

Financials

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Frequently Asked Questions

What is Ocean Power Technologies Inc (OPTT) stock price today?

The current price of OPTT is 0.49 USD — it has increased 21.58

What is Ocean Power Technologies Inc (OPTT)'s business?

Ocean Power Technologies, Inc. provides ocean data collection and reporting, marine power, offshore communications and domain awareness services products, and integrated solutions. The Company focuses on three major service areas: Data as a Service (DaaS), which includes data collected by its Wave Adaptive Modular Vessel (WAM-V) autonomous vehicles or its PowerBuoy product lines; Robotics as a Service (RaaS), which provides a lower cost subscription model for its customers to access use of its WAM-Vs, and Power as a Service (PaaS), which includes its PowerBuoy and subsea battery products. The Company's solutions are primarily suited to ocean and other offshore environments, and support generation of actionable intelligence on a standalone basis. The Company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, science and research, wind power, and other industries.

What is the price predicton of OPTT Stock?

Wall Street analysts forecast OPTT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OPTT is1.50 USD with a low forecast of 1.50 USD and a high forecast of 1.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Ocean Power Technologies Inc (OPTT)'s revenue for the last quarter?

Ocean Power Technologies Inc revenue for the last quarter amounts to 424.00K USD, decreased -82.46

What is Ocean Power Technologies Inc (OPTT)'s earnings per share (EPS) for the last quarter?

Ocean Power Technologies Inc. EPS for the last quarter amounts to -0.06 USD, increased 50.00

How many employees does Ocean Power Technologies Inc (OPTT). have?

Ocean Power Technologies Inc (OPTT) has 53 emplpoyees as of March 11 2026.

What is Ocean Power Technologies Inc (OPTT) market cap?

Today OPTT has the market capitalization of 95.53M USD.