OPTT Overview

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.

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.

Ocean Power Technologies Inc revenue for the last quarter amounts to 513.00K USD, decreased -37.82

Ocean Power Technologies Inc. EPS for the last quarter amounts to -0.06 USD, increased 20.00

Ocean Power Technologies Inc (OPTT) has 53 emplpoyees as of March 31 2026.

Today OPTT has the market capitalization of 74.95M USD.