Ocean Power Technologies, Inc. (OPTT)

NYSEAMERICAN: OPTT · Real-Time Price · USD
0.3495
-0.0023 (-0.65%)
At close: May 8, 2026, 4:00 PM EDT
0.3550
+0.0055 (1.57%)
After-hours: May 8, 2026, 8:00 PM EDT
Market Cap79.69M +9.1%
Revenue (ttm)3.44M -43.8%
Net Income-36.00M
EPS-0.20
Shares Out 228.02M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,522,955
Open0.3547
Previous Close0.3518
Day's Range0.3453 - 0.3547
52-Week Range0.2900 - 0.9000
Beta2.55
AnalystsStrong Buy
Price Target1.50 (+329.19%)
Earnings DateMar 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]

IPO Date Apr 25, 2007
Employees 53
Stock Exchange NYSEAMERICAN
Ticker Symbol OPTT
Full Company Profile

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 Statements

Analyst Summary

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 329.19% from the latest price.

Price Target
$1.5
(329.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ocean Power Technologies Advances Offshore Charging and Autonomous Operations for Maritime Drones

MONROE TOWNSHIP, N.J., May 07, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power...

1 day ago - GlobeNewsWire

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.

23 days ago - Transcripts

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...

25 days ago - GlobeNewsWire

Ocean Power secures contract from underwater research customer

Ocean Power (OPTT) announced it has secured a contract from a new Nordics based underwater research customer for a fully integrated WAM-V for immediate delivery. This contract expands the company’s

6 weeks ago - TheFly

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...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

Ocean Power options imply 19.0% move in share price post-earnings

Pre-earnings options volume in Ocean Power (OPTT) is 1.2x normal with calls leading puts 5:2. Implied volatility suggests the market is anticipating a move near 19.0%, or 8c, after results

7 weeks ago - TheFly

Options Volatility and Implied Earnings Moves Today, March 16, 2026

Today, several major companies are expected to report earnings: Agenus (AGEN), Assertio Therapeutics (ASRT), Dollar Tree (DLTR), Ocean Power Technologies (OPTT), Semtech (SMTC), CytomX Therapeutics (C...

7 weeks ago - TipRanks

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

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

Ocean Power highlights importance of autonomous maritime systems

Ocean Power (OPTT) Technologies underscored the growing strategic importance of persistent maritime domain awareness and offshore infrastructure protection as instability in the Middle East places key...

2 months ago - TheFly

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...

2 months ago - GlobeNewsWire

Ocean Power receives $1.5M U.S. Coast Guard order for buoy systems

Ocean Power (OPTT) Technologies announced it has received an approximate $1.5 million Purchase Order from the United States Coast Guard for the installation and deployment of buoy systems previously o...

2 months ago - TheFly

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...

2 months ago - GlobeNewsWire

Ocean Power provides update on offshore autonomy infrastructure roadmap

Ocean Power (OPTT) Technologies provided an operational update highlighting continued global deployments and progress on its offshore autonomy infrastructure roadmap. The Company has shipped a WAM-V, ...

2 months ago - TheFly

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...

2 months ago - GlobeNewsWire

Unusually active option classes on open January 26th

Unusual total active option classes on open include: Ocean Power (OPTT), EETH ETF (EETH), SkyWater Technology (SKYT), Gold Resource (GORO), – USA Rare Earth Inc (USAR), United States Copper Index

3 months ago - TheFly

Ocean Power awarded $5M contract to deploy, operate PowerBuoy systems

Ocean Power (OPTT) Technologies announced the award of a multi-buoy contract greater than $5 million to deploy and operate MERROWS-equipped PowerBuoy systems in support of a U.S. Coast Guard mission

4 months ago - TheFly

Ocean Power initiated with a Buy at H.C. Wainwright

H.C. Wainwright initiated coverage of Ocean Power (OPTT) with a Buy rating and $1.50 price target The firm says Ocean Power is a maritime domain awareness company providing autonomous offshore

5 months ago - TheFly

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.

5 months ago - Transcripts

Options Volatility and Implied Earnings Moves Today, December 15, 2025

Today, several major companies are expected to report earnings: Ocean Power Technologies (OPTT), Abivax SA Sponsored ADR (ABVX), Navan, Inc. Class A (NAVN). Ahead of earnings, TipRanks shows you the

Other symbols: ABVXNAVN
5 months ago - TipRanks

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

5 months ago - GlobeNewsWire

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...

5 months ago - Accesswire

Ocean Power announces partnership with Mythos AI

Ocean Power (OPTT) Technologies announced a partnership with Mythos AI to integrate advanced AI-driven autonomy software across OPT’s fleet of WAM-V Autonomous Surface Vehicles and PowerBuoy platforms...

6 months ago - TheFly