Ocean Power Technologies, Inc. (OPTT)
| Market Cap | 5.44M -94.9% |
| Revenue (ttm) | 4.26M -25.8% |
| Net Income | -52.06M |
| EPS | -7.34 |
| Shares Out | 8.92M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 461,009 |
| Open | 0.6800 |
| Previous Close | 0.6878 |
| Day's Range | 0.5901 - 0.6800 |
| 52-Week Range | 0.5955 - 21.6000 |
| Beta | 2.78 |
| Analysts | Strong Buy |
| Price Target | 45.00 (+7,271.01%) |
| Earnings Date | Sep 14, 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 $45.0, which is an increase of 7,271.01% from the latest price.
News
Naval Postgraduate School Orders WAM-V 8 for Littoral Sensing and Autonomous Systems Research
Award expands an established OPT relationship from persistent ocean sensing to mobile maritime research Award expands an established OPT relationship from persistent ocean sensing to mobile maritime r...
Ocean Power Technologies Demonstrates Offshore Deployment of Greensea IQ Bayonet 150 from Modified WAM-V 16
Proof of concept transported and remotely released a 300-pound amphibious vehicle that subsequently transited from offshore to the beach Proof of concept transported and remotely released a 300-pound ...
Ocean Power Technologies Proxy statement: Proxy filing
Ocean Power Technologies filed a proxy statement on October 2, 2026, providing details for shareholder voting and corporate governance matters.
Ocean Power Technologies Registration statement: Registration filing
Ocean Power Technologies filed a registration statement on September 25, 2026, providing details about a securities offering with the SEC.
Ocean Power operates three WAM-V classes across five mission sets at REPMUS ’26
Ocean Power (OPTT) Technologies announced that three classes of its WAM-V unmanned surface vessels operated across multiple mission sets at REPMUS 2026, the multinational robotic experimentation exerc...
Ocean Power Technologies Operates Three WAM-V Classes Across Five Mission Sets at REPMUS 2026
WAM-V unmanned surface vessels integrated with U.S. command and control and supported training for the U.S. Navy and Marine Corps personnel in autonomous operations during the multinational exercise i...
Ocean Power Technologies Advances WAM-V® Development Through U.S. Army Surf-Zone Testing
Evaluation of WAM-V® 8 provides data and operational insights to inform larger platform development and sensor integration for demanding nearshore operations Evaluation of WAM-V® 8 provides data and o...
Ocean Power Technologies Announces First Quarter Fiscal 2027 Results
Quarter highlighted by operational execution, expanding defense-market access and continued development of persistent autonomous maritime infrastructure Quarter highlighted by operational execution, e...
Ocean Power CEO Philipp Stratmann to step down
Ocean Power (OPTT) announced that Philipp Stratmann will step down from his roles as president and CEO and a member of the board of directors, by mutual agreement, and will…
Ocean Power Technologies Aligns Leadership Team to Accelerate Commercial Execution and Backlog Conversion
MONROE TOWNSHIP, N.J., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure and autonomous ...
Ocean Power Technologies Quarterly report: Q1 2027
Ocean Power Technologies has published its Q1 2027 quarterly earnings report on September 14, 2026.
Ocean Power Technologies Earnings release: Q1 2027
Ocean Power Technologies released its Q1 2027 earnings on September 14, 2026, summarizing the period's financial results.
Ocean Power announces 1-for-30 reverse stock split
Ocean Power (OPTT) announced a 1-for-30 reverse stock split of the company’s common stock. The common Ssock will begin trading on a split-adjusted basis on the NYSE American commencing at…
Ocean Power Technologies Announces Reverse Stock Split
Shares Expected to Begin Trading on a Split-Adjusted Basis on September 14, 2026 Shares Expected to Begin Trading on a Split-Adjusted Basis on September 14, 2026
Ocean Power Technologies Begins U.S. Army Corps of Engineers Surf-Zone Demonstration
Maritime drones to demonstrate nearshore mapping and transit capabilities in breaking waves and coastal conditions Maritime drones to demonstrate nearshore mapping and transit capabilities in breaking...
Ocean Power Technologies Registration statement: Registration filing
Ocean Power Technologies filed a registration statement on September 8, 2026, providing details about a securities offering with the SEC.
Ocean Power Technologies Slides: Investor presentation
Ocean Power Technologies has posted slides in relation to its latest quarterly earnings report, which was published on September 8, 2026.
Ocean Power files to sell common stock, warrants, no amount given
06:12 EDT Ocean Power (OPTT) files to sell common stock, warrants, no amount given
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...