Ocean Power Technologies, Inc. (OPTT)

NYSEAMERICAN: OPTT · Real-Time Price · USD
0.5224
-0.0126 (-2.36%)
Aug 1, 2025, 4:00 PM - Market closed
-2.36%
Market Cap92.75M
Revenue (ttm)5.86M
Net Income (ttm)-21.51M
Shares Out 177.54M
EPS (ttm)-0.17
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume3,875,774
Open0.5110
Previous Close0.5350
Day's Range0.5010 - 0.5300
52-Week Range0.1399 - 1.7500
Beta2.62
Analystsn/a
Price Targetn/a
Earnings DateJul 24, 2025

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]

IPO Date Apr 25, 2007
Employees 43
Stock Exchange NYSEAMERICAN
Ticker Symbol OPTT
Full Company Profile

Financial Performance

In 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 Statements

News

Ocean Power Technologies, Inc. (OPTT) Q4 2025 Earnings Conference Call Transcript

Ocean Power Technologies, Inc. (NYSE:OPTT) Q2 2025 Earnings Call July 25, 2025 9:00 AM ET Company Participants Robert Powers - Senior VP, CFO & Principal Accounting Officer Philipp Stratmann - CEO, P...

7 days ago - Seeking Alpha

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 ...

8 days ago - GlobeNewsWire

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...

8 days ago - GlobeNewsWire

Ocean Power Technologies to Announce Fiscal 2025 Fourth Quarter and Full-Year Results on July 24, 2025

MONROE TOWNSHIP, N.J., July 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine powe...

17 days ago - GlobeNewsWire

Ocean Power Technologies Achieves ISO 9001 Certification

MONROE TOWNSHIP, N.J., July 14, 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...

18 days ago - GlobeNewsWire

Ocean Power Technologies Installs AI Capable Merrows™ PowerBuoy® for Naval Postgraduate School

MONROE TOWNSHIP, N.J., July 09, 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...

23 days ago - GlobeNewsWire

Ocean Power Technologies Awarded Patent for System and Method for Vehicle Charging

Ocean Power Technologies secures patent for offshore electric charging, enabling WAM-V®s to recharge at sea and support persistent autonomous operations.

5 weeks ago - GlobeNewsWire

Ocean Power Technologies Announces Hiring of Jason Weed as Senior Vice President – Commercial Sales

MONROE TOWNSHIP, N.J., June 04, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative, cost-effective, low-carbon and artificia...

2 months ago - GlobeNewsWire

Ocean Power Technologies Earns “Trusted Operator” Status in New AUVSI Maritime Certification Program

Certification Underscores OPT's Commitment to Operational Excellence and Real-World Autonomous Maritime Solutions Certification Underscores OPT's Commitment to Operational Excellence and Real-World Au...

2 months ago - GlobeNewsWire

Ocean Power Technologies Completes First Sea Trial for WAM-V®s at US Coast Guard Approved Test Site in New Jersey

Completion of Sea Trial confirms ability to test 24/7/365 on East and West Coast Completion of Sea Trial confirms ability to test 24/7/365 on East and West Coast

2 months ago - GlobeNewsWire

Ocean Power Technologies to Participate in a Fireside Chat on Tuesday, May 6, 2025

MONROE TOWNSHIP, N.J., May 05, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power...

3 months ago - GlobeNewsWire

Ocean Power Technologies Awarded Contract to Provide Multiple Unmanned Surface Vehicles for International Defense Customer

MONROE TOWNSHIP, N.J., May 05, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power...

3 months ago - GlobeNewsWire

Ocean Power Technologies Ships AI-Capable Merrows™ PowerBuoy®

MONROE TOWNSHIP, N.J., May 01, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power...

3 months ago - GlobeNewsWire

Ocean Power Technologies Ships Multi-Day Capable WAM-V® for Indo-Pacific Operations

Successfully demonstrates three days of continuous survey operations Successfully demonstrates three days of continuous survey operations

3 months ago - GlobeNewsWire

Ocean Power Technologies Secures Order for Fully Integrated WAM-V for an International Government Customer

MONROE TOWNSHIP, N.J., April 14, 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...

3 months ago - GlobeNewsWire

Ocean Power Technologies Signs Strategic Reseller Agreement with Elektron SAS

Expands Commercial Reach of Intelligent Maritime Solutions Across Latin America Expands Commercial Reach of Intelligent Maritime Solutions Across Latin America

4 months ago - GlobeNewsWire

Ocean Power Technologies Signs U.S. Reseller Agreement with Grava Hydrographic Solutions LLC

Expands Access to OPT's WAM-V® Unmanned Surface Vehicle Technology Across the United States Expands Access to OPT's WAM-V® Unmanned Surface Vehicle Technology Across the United States

4 months ago - GlobeNewsWire

Ocean Power Technologies Highlights Supply Chain Resilience Amid Global Uncertainty

Majority Domestic Supply Chain Enables Operational Continuity and Competitive Advantage Majority Domestic Supply Chain Enables Operational Continuity and Competitive Advantage

4 months ago - GlobeNewsWire

Ocean Power Technologies Enters New Market with WAM-V® Sale for a Mining Deployment in Latin America

MONROE TOWNSHIP, N.J., March 25, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or “Company”) (NYSE American: OPTT), a leader in innovative maritime solutions, today announced the sale...

4 months ago - GlobeNewsWire

Ocean Power Technologies Awarded Contract for Delivery of AI Capable Buoy in the USA

MONROE TOWNSHIP, N.J., March 24, 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...

4 months ago - GlobeNewsWire

Ocean Power Technologies Announces Financial Results for Third Quarter Fiscal 2025

Reports Record Backlog and Reduces Cash Used in Operating Activities by 59% Reports Record Backlog and Reduces Cash Used in Operating Activities by 59%

4 months ago - GlobeNewsWire

Ocean Power Technologies Secures Order for Fully Integrated WAM-V from a Major European Offshore Services Provider

MONROE TOWNSHIP, N.J., March 13, 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...

5 months ago - GlobeNewsWire

Ocean Power Technologies Announces Binding Letter of Intent to Deploy AI-Capable PowerBuoy for a Major International Defense Contractor

MONROE TOWNSHIP, N.J., March 12, 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...

5 months ago - GlobeNewsWire

Ocean Power Technologies Announces Successful Defense and Security Demonstrations in UAE

MONROE TOWNSHIP, N.J., Feb. 24, 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...

5 months ago - GlobeNewsWire

Ocean Power Technologies Announces Demonstration of WAM-V at NAVDEX

MONROE TOWNSHIP, N.J., Feb. 10, 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...

6 months ago - GlobeNewsWire