Ocean Power Technologies, Inc. (OPTT)
| Market Cap | 50.12M -45.6% |
| Revenue (ttm) | 3.74M -36.2% |
| Net Income | -48.92M |
| EPS | -0.25 |
| Shares Out | 267.45M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,424,420 |
| Open | 0.1880 |
| Previous Close | 0.1943 |
| Day's Range | 0.1780 - 0.1880 |
| 52-Week Range | 0.1307 - 0.7200 |
| Beta | 2.60 |
| Analysts | Strong Buy |
| Price Target | 1.50 (+700.43%) |
| Earnings Date | Sep 11, 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. The company offers maritime solutions, including Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). It 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) ... [Read more]
Financial Performance
In fiscal year 2026, Ocean Power Technologies's revenue was $3.74 million, a decrease of -36.24% compared to the previous year's $5.86 million. Losses were -$48.92 million, 99.9% more than in 2025.
Financial StatementsAnalyst 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 700.43% from the latest price.
News
Ocean Power Technologies Selects Palantir Foundry to Accelerate Growth in Autonomous Maritime Operations
MONROE TOWNSHIP, N.J., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in intelligent maritime solutions and services, today ...
Ocean Power Technologies Transcript: Fireside chat
The discussion highlighted strong operational progress, record backlog growth, and expanding government and international engagements. Strategic investments in fleet, technology, and compliance position the company for scalable growth, with key milestones in multi-system orders and operational demonstrations ahead.
Ocean Power Technologies Registration statement: Registration filing
Ocean Power Technologies filed a registration statement on August 25, 2026, providing details about a securities offering with the SEC.
Ocean Power Technologies, Inc. to Participate in Water Tower Research Fireside Chat on Tuesday, August 25, 2026
MONROE TOWNSHIP, N.J., Aug. 24, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solu...
Ocean Power says Form 10-K contains going concern qualification
Ocean Power (OPTT) Technologies announced that its Financial Statements included in its Annual Report on Form 10-K for the year ended April 30, 2026, contained an audit report from its…
Ocean Power Technologies, Inc. Provides Required Disclosure
MONROE TOWNSHIP, N.J., Aug. 21, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure and autonomous o...
Ocean Power Technologies, Inc. Receives Notice from NYSE American Regarding Late Filing of Annual Report on Form 10-K
MONROE TOWNSHIP, N.J., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure and autonomous o...
Ocean Power Technologies Provides Update to Previously Announced Preliminary Fiscal 2026 Financial Results
MONROE TOWNSHIP, N.J., Aug. 19, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE American: OPTT), a leader in maritime operational infrastructure, autonomous ocea...
Ocean Power initiates review of strategic alternatives
Ocean Power (OPTT) announced that that its board of directors has initiated a review of strategic alternatives. The company has retained Bowen, an investment banking advisory firm, as its financial…
Ocean Power Technologies Initiates Review of Strategic Alternatives
MONROE TOWNSHIP, N.J., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure and autonomous o...
Ocean Power Technologies Proxy statement: Proxy filing
Ocean Power Technologies filed a proxy statement on August 17, 2026, providing details for shareholder voting and corporate governance matters.
Ocean Power Technologies Selected for Participation in $40 Million U.S. Navy Project for Autonomous Ocean Mapping
MONROE TOWNSHIP, N.J., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure and autonomous o...
Ocean Power Technologies Proxy statement: Proxy filing
Ocean Power Technologies filed a proxy statement on August 3, 2026, providing details for shareholder voting and corporate governance matters.
Ocean Power Technologies Announces Delivery of WAM-V® Maritime Drone to Stevens Institute of Technology
MONROE TOWNSHIP, N.J., July 30, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon maritime in...
Ocean Power achieves CMMC Level 2 defense certification
Ocean Power (OPTT) Technologies announced that it has achieved Cybersecurity Maturity Model Certification, or CMMC, Level 2 compliance, further strengthening the company’s readiness to support the U.S...
Ocean Power Technologies Strengthens Defense Contracting Readiness with CMMC Level 2 Compliance
Achievement Enhances Company's Ability to Support U.S. Defense Programs Requiring Protection of Controlled Unclassified Information Achievement Enhances Company's Ability to Support U.S. Defense Progr...
Ocean Power Technologies Earnings Call Transcript: Q4 2026
Fiscal 2026 saw record backlog growth, strategic investments, and expanded recurring revenue contracts, despite a wider net loss and lower revenue due to deployment timing. The company is focused on executing its robust pipeline, expanding internationally, and advancing integrated maritime solutions.
Ocean Power Technologies Earnings release: Q4 2026
Ocean Power Technologies released its Q4 2026 earnings on July 24, 2026, summarizing the period's financial results.
Ocean Power Technologies Annual report: Q4 2026
Ocean Power Technologies has published its Q4 2026 annual report on July 24, 2026.
Ocean Power acquires subsea developmental technology assets from Columbia Power
Ocean Power (OPTT) announced the acquisition of strategic subsea developmental technology assets from Columbia Power Technologies. The transaction has been structured as an asset acquisition, securing...
Ocean Power Technologies Acquires Strategic Subsea Technology to Expand Operational Infrastructure Supporting Maritime Dominance
Transaction Extends Company's Operational Infrastructure Offering to the Subsea Market Transaction Extends Company's Operational Infrastructure Offering to the Subsea Market
Ocean Power Technologies Announces Fourth Quarter and Full Year Fiscal 2026 Results
Fiscal 2026 Marks Company's Transformation into an Operational Defense Technology Provider Through Historic Coast Guard Deployment, Record Backlog and Global Defense Expansion
Ocean Power Technologies to Announce Fourth Quarter and Fiscal Results on July 23, 2026
MONROE TOWNSHIP, N.J., July 23, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine powe...
Ocean Power Technologies Proxy statement: Proxy filing
Ocean Power Technologies filed a proxy statement on July 23, 2026, providing details for shareholder voting and corporate governance matters.
Ocean Power Technologies Selected by U.S. Government for Further Assessment of its Maritime Drones
MONROE TOWNSHIP, N.J., July 17, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) today announced that it has received notification from the U.S. Government that its mariti...