Ocean Power Technologies, Inc. (OPTT)
| Market Cap | 66.01M -28.2% |
| Revenue (ttm) | 3.44M -43.8% |
| Net Income | -36.00M |
| EPS | -0.20 |
| Shares Out | 228.02M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,053,737 |
| Open | 0.2835 |
| Previous Close | 0.2820 |
| Day's Range | 0.2825 - 0.2900 |
| 52-Week Range | 0.2705 - 0.9000 |
| Beta | 2.53 |
| Analysts | Strong Buy |
| Price Target | 1.50 (+418.14%) |
| Earnings Date | Jul 23, 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]
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 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 418.14% from the latest price.
News
Ocean Power Technologies Transcript: WTR Insights Conference: Powered by The Small Cap Showcase
Autonomous ocean monitoring solutions are gaining traction with government and commercial clients, driven by cost advantages and integrated technology. Recent contracts, a $10M equity raise, and a $160M pipeline position the company for growth, though scaling depends on further capital and contract wins.
Ocean Power reports strong performance from Coast Guard deployment
Ocean Power (OPTT) announced successful field performance and power generation from its recently deployed MERROWS-equipped PowerBuoy system supporting maritime domain awareness operations for the U.S....
Ocean Power Technologies Demonstrates Strong Field Performance from DHS Deployment and Advances Operational Scalability
MONROE TOWNSHIP, N.J., June 08, 2026 (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 announces pricing of $10M registered direct offering
Ocean Power (OPTT) Technologies announced that it has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 25M shares of the company’s common s...
Ocean Power Technologies Announces Pricing of $10,000,000 Registered Direct Offering Priced At A Premium to Market
MONROE TOWNSHIP, N.J., June 05, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), today announced that it has entered into securities purchase agr...
Ocean Power Technologies Expands International Defense Engagements Across Europe
MONROE TOWNSHIP, N.J., June 01, 2026 (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 Expands U.S. and International Deployment Footprint
MONROE TOWNSHIP, N.J., May 18, 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...
Ocean Power Technologies Deploys Three PowerBuoy® Systems Streaming Simultaneous Offshore Data for DHS Operations
Deployment includes deep-water operations (>1,000m) and integration with Anduril's Lattice platform Deployment includes deep-water operations (>1,000m) and integration with Anduril's Lattice platform
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...
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.
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...
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…
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...
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...
Ocean Power Technologies Earnings Call Transcript: Q3 2026
Ocean Power Technologies Earnings release: Q3 2026
Ocean Power Technologies released its Q3 2026 earnings on March 18, 2026, summarizing the period's financial results.
Ocean Power Technologies Quarterly report: Q3 2026
Ocean Power Technologies has published its Q3 2026 quarterly earnings report on March 18, 2026.
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
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...
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...
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...
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...
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...
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, ...
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...