Investing.com - Financial Markets Worldwide

Ocean Power Technologies Inc (OPTT)

NYSE
Currency in USD
0.6465
-0.1081(-14.33%)
Closed·
After Hours
0.6497+0.0070(+1.09%)
·
OPTT Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Unusual trading volume
Fair Value
Unlock Value
Day's Range
0.62840.7076
52 wk Range
0.13991.7500
Key Statistics
Edit
Prev. Close
0.7546
Open
0.66
Day's Range
0.6284-0.7076
52 wk Range
0.1399-1.75
Volume
12.14M
Average Volume (3m)
5.19M
1-Year Change
116.16%
Book Value / Share
0.2
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
OPTT Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Technical Analysis
Buy
Analysts Sentiment
Currently not supported.
Members' Sentiments
Bearish
Bullish
ProTips
Unlock All 14
Quickly burning through cash
Unlock InvestingPro

Ocean Power Technologies Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Ocean Power Technologies Inc Company Profile

Ocean Power Technologies, Inc. delivers unmanned systems that enable operations across oceans, lakes, and inland waterways in North America, South America, Europe, 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; WAM-V (wave adaptive modular vessel), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Industry
Renewable Energy
Sector
Energy
Employees
43
Market
United States

Ocean Power Technologies Inc Earnings Call Summary for Q2/2025

  • Record Q4 2024 revenue of $2.4M, up 170% YoY; EPS at -$0.04; stock drops 8.16%
  • Operating expenses cut 41% to $4.7M; net loss down 46% to $3.9M; cash at $2.3M
  • Targets positive cash flow by end of 2025, profitability in Q4 2025; expands in Middle East
  • Shifts focus to recurring revenue streams; aims to grow autonomous maritime solutions
  • Faces challenges: negative EPS, limited cash, market volatility, and intense competition
Last Updated: 17/12/2024, 15:40
Read Full Transcript

Compare OPTT to Peers and Sector

Metrics to compare
OPTT
Peers
Sector
Relationship
P/E Ratio
−5.3x−1.0x12.5x
PEG Ratio
−0.090.030.03
Price/Book
4.0x1.8x1.4x
Price / LTM Sales
18.8x4.8x1.2x
Upside (Analyst Target)
-−15.3%14.0%
Fair Value Upside
Unlock11.2%5.5%Unlock

Earnings

Latest Release
Mar 17, 2025
EPS / Forecast
-0.05 / --
Revenue / Forecast
825.00K / --
EPS Revisions
a
a
Unlock
Last 90 days

OPTT Income Statement

People Also Watch

Ondas
2.125
ONDS
-0.70%
Eos Energy Enterprises
6.3800
EOSE
+0.31%
Nuscale Power
51.670
SMR
+1.25%
Redwire
16.070
RDW
+0.31%
Oscar Health
14.45
OSCR
+1.73%

FAQ

What Stock Exchange Does Ocean Power Trade On?

Ocean Power is listed and trades on the New York Stock Exchange stock exchange.

What Is the Stock Symbol for Ocean Power?

The stock symbol for Ocean Power is "OPTT."

What Is the Ocean Power Market Cap?

As of today, Ocean Power market cap is 114.18M.

What Is Ocean Power's Earnings Per Share (TTM)?

The Ocean Power EPS (TTM) is -0.22.

From a Technical Analysis Perspective, Is OPTT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.

How Many Times Has Ocean Power Stock Split?

Ocean Power has split 3 times.

How Many Employees Does Ocean Power Have?

Ocean Power has 43 employees.

What is the current trading status of Ocean Power (OPTT)?

As of 25 Jul 2025, Ocean Power (OPTT) is trading at a price of 0.65, with a previous close of 0.75. The stock has fluctuated within a day range of 0.63 to 0.71, while its 52-week range spans from 0.14 to 1.75.
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.