OPTT logo

OCEAN POWER TECHNOLOGIES INC

OPTTNYSE AMERICAN
πŸ† #3596 by market capEarnings Sep 21US Equity
$0.20β–² $0.02 (+9.20%)
πŸŒ™ After hours$0.21β–² 2.65%Regular close Β· extended-hours price shown
1hβ€”
24hβ–² 9.2%
7dβ–² 12.1%
14dβ–² 32.9%
30dβ–Ό 6.3%
1yβ–Ό 60.5%
🏦Market Cap
$53M
Small Cap
πŸ“ˆRevenue Growth (YoY)
-30.4%
Declining
πŸ“ŠGross Margin
-199.6%
Thin
πŸ’΅FCF Margin
β€”
βš–οΈP/S Ratio
12.3x
Elevated
Otter Score
44
Weak

Trading Snapshot

Day Range
$0.20 – $0.21
52-Week Range
$0.13 – $0.72
Volume
$4.04B
Avg Volume
$3.76B
Shares Outstanding
259.1M
Next Earnings
Sep 9, 2026

Fundamentals Snapshot

Annual Revenue
$4M
Last Q Revenue
$2M
P/E Ratio
β€”
P/S Ratio
12.3x
EPS (TTM)
$-0.23
Dividend Yield
β€”

Why Investors Own OPTT

  • βœ“High-growth profile β€” revenue up -8.4% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 40% gross margin and 15% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$4Mβ–Ό βˆ’8.0% YoY
Gross Margin (TTM)
39.9%β–² +1.0% YoY
Operating Income (TTM)
$904,872β–Ό βˆ’8.0% YoY
Free Cash Flow (TTM)
$627,704β–Ό βˆ’8.0% YoY

About OCEAN POWER TECHNOLOGIES INC

Ocean Power Technologies, Inc. (OPTT) is a company dedicated to creating and deploying exclusive technologies that convert the sustainable power of ocean waves into electricity. The firm operates globally, with a presence in North America, South America, Europe, and Asia. A primary offering is their PB3 PowerBuoy system, engineered to provide autonomous power generation for remote offshore locations, independent of traditional electrical grids. Beyond this, OPTT's product line includes hybrid PowerBuoy solutions and subsea battery systems. They also furnish essential supporting services such as software development, control systems, sensor integration, and expert marine installation. The company extends its capabilities to deliver distributed offshore power and critical communication infrastructure for diverse remote surface and subsea applications. These solutions cater to key sectors including defense and security, the offshore oil and gas industry, scientific research, and offshore wind energy. Furthermore, OPTT offers its Wave Adaptive Modular Vessel (WAM-V) technology, which significantly enhances the mobility and operational range of uncrewed maritime systems. This includes leasing WAM-V robotics and providing access to associated information. Their expertise also covers maritime domain awareness solutions and strategic consulting. Finally, the company provides a comprehensive suite of offshore data services, encompassing collection, integration, analysis, and real-time communication for various purposes. OPTT primarily serves a diverse client base of both governmental agencies and private organizations that require dependable power solutions in distant marine environments. Established in 1984, Ocean Power Technologies, Inc. is headquartered in Monroe Township, New Jersey.

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Otter Score Breakdown

β“˜
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
Overall Score
Weak
44/100

Analyst Price Target

β“˜
Average Target
$0.21
β–² +3.8% Upside
High Target$0.25
Low Target$0.20
Based on 11 analysts

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