Ocean Power Technologies, Inc. (OPTT)

NYSEAMERICAN: OPTT · Real-Time Price · USD
0.3709
+0.0109 (3.03%)
Mar 20, 2026, 12:22 PM EDT - Market open
Market Cap84.57M +4.7%
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
Volume1,309,616
Open0.3790
Previous Close0.3600
Day's Range0.3625 - 0.3800
52-Week Range0.2900 - 0.9000
Beta2.62
AnalystsStrong Buy
Price Target1.50 (+304.42%)
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 304.42% from the latest price.

Price Target
$1.5
(304.42% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ocean Power Technologies, Inc. (OPTT) Q3 2026 Earnings Call Transcript

Ocean Power Technologies, Inc. (OPTT) Q3 2026 Earnings Call Transcript

2 days ago - Seeking Alpha

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

9 days 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...

14 days ago - GlobeNewsWire

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...

18 days ago - GlobeNewsWire

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...

24 days ago - GlobeNewsWire

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...

25 days ago - GlobeNewsWire

Ocean Power Technologies, Inc. (OPTT) Q2 2026 Earnings Call Transcript

Ocean Power Technologies, Inc. (OPTT) Q2 2026 Earnings Call Transcript

3 months ago - Seeking Alpha

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

3 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...

3 months ago - Accesswire

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 ...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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

7 months ago - GlobeNewsWire

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...

8 months 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 months 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 months 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...

8 months 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...

8 months 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...

9 months 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.

9 months 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...

10 months ago - GlobeNewsWire