Should I Buy OPTT? OPTT 2026 Analysis

Should You Buy Ocean Power Technologies Inc (OPTT) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

0.560

1 Day change

-11.96%

52 Week Range

0.980

Analysis Updated At

2026/01/26

Ocean Power Technologies Inc (OPTT) is not a strong buy at this moment for a beginner investor with a long-term strategy. Despite a recent price surge, the company's financial performance is weak, and there are no significant positive catalysts or trading signals to justify immediate investment. Holding off for now is recommended.

Technical Analysis

The MACD is positive and expanding, indicating bullish momentum. RSI is neutral at 64.927, and moving averages are converging, suggesting indecision in the trend. Key resistance levels are at 0.523 and 0.564, while support levels are at 0.457 and 0.39. The stock has shown a recent price increase of 8.12% in the regular market and 5.08% post-market.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Options data shows a low put-call ratio for open interest, indicating bullish sentiment. However, the option volume put-call ratio of 0.73 suggests moderate put activity compared to calls. Implied volatility is high at 205.25%, reflecting significant uncertainty.

Technical Summary

Sell

Buy

Positive Catalysts

The MACD indicates bullish momentum, and the stock has shown a strong price increase recently. Options data suggests some bullish sentiment.

Neutral/Negative Catalysts

The company's financial performance is weak, with revenue dropping significantly (-82.46% YoY) and gross margin deteriorating drastically (-1089.87% YoY). No recent news or significant trading trends from hedge funds or insiders. No recent congress trading data or influential figure activity.

Financial Performance

In Q2 2026, revenue dropped by 82.46% YoY to $424,000. Net income improved but remains negative at -$10.83M. EPS increased to -0.06, up 50% YoY. Gross margin fell sharply to -325.47%, indicating severe operational inefficiencies.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No analyst ratings or price target changes are available for this stock.

1 Analyst Rating

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 is 1.5 USD with a low forecast of 1.5 USD and a high forecast of 1.5 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.

1 Buy

0 Hold

0 Sell

Moderate Buy

Current: 0.635

Low

1.5

Averages

1.5

High

1.5

Current: 0.635

Low

1.5

Averages

1.5

High

1.5

Ladenburg

NULL -> Buy

initiated

$1.50

AI Analysis

2025-09-24

Reason