Ocean Power Technologies, Inc. (OPTT)
| Market Cap | 80.47M |
| Revenue (ttm) | 3.44M |
| Net Income (ttm) | -36.00M |
| Shares Out | 228.02M |
| EPS (ttm) | -0.20 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,915,176 |
| Open | 0.367 |
| Previous Close | 0.369 |
| Day's Range | 0.350 - 0.367 |
| 52-Week Range | 0.290 - 0.900 |
| Beta | 2.60 |
| Analysts | Strong Buy |
| Price Target | 1.50 (+325.05%) |
| Earnings Date | Mar 17, 2026 |
About OPTT
Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. Its maritime solutions include Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). The company also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system fo... [Read more]
Financial Performance
In fiscal year 2025, Ocean Power Technologies's revenue was $5.86 million, an increase of 6.08% compared to the previous year's $5.53 million. Losses were -$21.51 million, -21.73% less than in 2024.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for OPTT stock is "Strong Buy." The 12-month stock price target is $1.5, which is an increase of 325.05% from the latest price.
News
Ocean Power Technologies Transcript: Water Tower Research Insights Conference
Integrated autonomous ocean systems are driving strong demand across defense and commercial markets, with rapid backlog and pipeline growth fueled by key contracts and international expansion. Recurring revenue models and a skilled leadership team position the company for continued momentum.
Ocean Power Technologies Deploys Autonomous PowerBuoy Supporting Persistent Maritime Domain Awareness for U.S. Homeland Security Operations
MONROE TOWNSHIP, N.J., April 13, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine pow...
Ocean Power Technologies Secures Order for Fully Integrated WAM-V for an Underwater Research Customer in the Nordics
MONROE TOWNSHIP, N.J., March 27, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine pow...
Ocean Power Technologies Advances U.S. Homeland Security Contract with Shipment of First PowerBuoy®
MONROE TOWNSHIP, N.J., March 24, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine pow...
Ocean Power Technologies Earnings Call Transcript: Q3 2026
Ocean Power Technologies, Inc. Pre Releases Third Quarter Fiscal 2026 Results
Record Backlog and Strategic DHS Win Accelerate Maritime Defense Platform Strategy Record Backlog and Strategic DHS Win Accelerate Maritime Defense Platform Strategy
Ocean Power Technologies to Announce Fiscal 2026 Third Quarter Results on March 17, 2026
MONROE TOWNSHIP, N.J., March 05, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine pow...
Ocean Power Technologies Highlights Strategic Relevance of Autonomous Maritime Systems Amid Heightened Regional Tensions
MONROE TOWNSHIP, N.J., March 02, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT), a provider of autonomous maritime systems and offshore power solutions, today underscore...
Ocean Power Technologies Receives Approximately $1.5 Million U.S. Coast Guard Order for Installation and Deployment of Operational Buoy Systems
MONROE TOWNSHIP, N.J., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), today announced it has received an approximate $1.5 million Purc...
Ocean Power Technologies Provides Operational Update on Global Deployments and Infrastructure Development
MONROE TOWNSHIP, N.J., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT) today provided an operational update highlighting continued globa...
Ocean Power Technologies Earnings Call Transcript: Q2 2026
Backlog and pipeline reached record levels, driven by strong demand in defense, government, and international markets. Revenue declined due to shutdown-related delays, but operational reorganization and expanded headcount position the company for growth as government and commercial activity accelerates.
Ocean Power Technologies, Inc. Announces Second Quarter Fiscal 2026 Results
Year Over Year Backlog increases to $15.0 Million as Commercial Momentum Accelerates Year Over Year Backlog increases to $15.0 Million as Commercial Momentum Accelerates
Ocean Power Technologies Attending the 3rd Annual DealFlow Discovery Conference
MONROE TOWNSHIP, N.J / ACCESS Newswire / December 5, 2025 / Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American:OPTT) today announced that it will participate in the DealFlow Discov...
Ocean Power Technologies Transcript: MicroCap Rodeo Fall Conference
The business has transformed into a provider of autonomous ocean intelligence platforms, serving defense, energy, and security sectors. With a growing $15M backlog and $130M pipeline, it leverages advanced buoys and USVs for persistent monitoring, offering strong ROI and recurring revenue.
Ocean Power Technologies, Inc. First Quarter Fiscal 2026 Results
Ocean Power Technologies Backlog Surges 184% Drives Accelerating Growth Outlook MONROE TOWNSHIP, N.J., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE ...
Ocean Power Technologies Announces Strategic Partnership with Gradient Marine to Enhance Digital Twin and Simulation Capabilities
MONROE TOWNSHIP, N.J., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine pow...
Ocean Power Technologies to Release Fiscal 2026 First Quarter Earnings on September 15, 2025
MONROE TOWNSHIP, N.J., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine pow...
Ocean Power Technologies Announces Shipment of WAM-Vs to the UAE
MONROE TOWNSHIP, N.J., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine pow...
Ocean Power Technologies Accelerates UAE Growth Strategy Through Expanded Partnership with Unique Group
MONROE TOWNSHIP, N.J., Aug. 26, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine powe...
Ocean Power Technologies Unveils Enhanced Merrows™ Maritime Domain Awareness Solution
MONROE TOWNSHIP, N.J., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in intelligent maritime solutions, today announced a ma...
Ocean Power Technologies Expands U.S. Presence with New Washington, D.C. Office at AUVSI Headquarters
Move Strengthens Strategic Ties with the Association for Uncrewed Vehicle Systems International and Advances Trusted Operator Initiatives Move Strengthens Strategic Ties with the Association for Uncre...
Ocean Power Technologies Highlights Marine Energy Leadership in Testimony Before New Jersey Legislature
From Innovation to Policy: OPT Leverages Proven Marine Energy Track Record to Help Shape the Future From Innovation to Policy: OPT Leverages Proven Marine Energy Track Record to Help Shape the Future
Ocean Power Technologies Earnings Call Transcript: Q4 2025
Record $12.5M backlog and 7% revenue growth highlight strong demand and operational execution, despite defense sector headwinds and macroeconomic volatility. Cost discipline improved margins, and new financing bolstered liquidity, positioning for growth in FY 2026.
Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 Results
MONROE TOWNSHIP, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal fourth quarter ...
Ocean Power Technologies Signs Strategic Reseller Agreement in Latin America
Agreement Includes a $3 Million Purchase Commitment for OPT Products and Expands Commercial Reach of Intelligent Maritime Solutions in the Mexican Market Agreement Includes a $3 Million Purchase Commi...