Ocean Power Technologies, Inc. (OPTT)
| Market Cap | 91.63M |
| Revenue (ttm) | 6.12M |
| Net Income (ttm) | -21.81M |
| Shares Out | 171.26M |
| EPS (ttm) | -0.22 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,685,488 |
| Open | 0.5900 |
| Previous Close | 0.5765 |
| Day's Range | 0.5350 - 0.5900 |
| 52-Week Range | 0.1399 - 1.7500 |
| Beta | 2.62 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jul 24, 2025 |
About OPTT
Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company offers Wave Adaptive Modular... [Read more]
Financial Performance
In 2024, Ocean Power Technologies's revenue was $5.53 million, an increase of 102.23% compared to the previous year's $2.73 million. Losses were -$27.48 million, 4.39% more than in 2023.
Financial StatementsNews
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...
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.
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...
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...
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
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...
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...
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...
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
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...
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
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
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
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...
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...
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%
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...
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...
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...
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...
Ocean Power Technologies Secures $2 Million in Purchase Orders for PowerBuoys® in Latin America
Ocean Power Technologies secures $2M in Latin American orders for PowerBuoys®, expanding its global presence and advancing marine intelligence solutions.
Ocean Power Technologies Demonstrates Multi-Day Advanced Remote Survey Capabilities
Completion of Exercises in California Illustrates Cost Efficient Autonomous Ocean Intelligence at Scale Completion of Exercises in California Illustrates Cost Efficient Autonomous Ocean Intelligence a...
Glancy Prongay & Murray LLP Announces Investigation of Ocean Power Technologies, Inc. (OPTT)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Ocean Power Technologies, Inc. (NYSE: OPTT) concerning the Company and its directors' and officers' possib...
Ocean Power Technologies Announces Appointment of Advisory Board Members to Support the Board of Directors
The Appointment of a MIT Board of Trustees Member with Deep Cybersecurity and Government Contracting Experience and Two Highly Decorated Naval Veterans as Advisory Board Members Underscores the Compan...
Ocean Power Technologies to Speak at The Microcap Conference 2025
MONROE TOWNSHIP, NJ / ACCESSWIRE / January 9, 2025 / Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American:OPTT), is pleased to announce its participation in The Microcap Conference 2...