
OCEAN POWER TECHNOLOGIES INC
OPTTNYSE AMERICANTrading Snapshot
- Day Range
- $0.20 β $0.21
- 52-Week Range
- $0.13 β $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
- βHigh-growth profile β revenue up -8.4% YoY with expanding US Equity exposure.
- βHealthy economics β 40% gross margin and 15% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
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.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
OCEAN POWER TECHNOLOGIES INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift OPTT price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
OCEAN POWER TECHNOLOGIES INC announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.