Ocean Power Technologies Inc (OPTT)

Currency in USD
0.3392
-0.0208(-5.78%)
Closed·
0.3668+0.0276(+8.14%)
·
Unusual Post-Market activity
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Fair Value
Day's Range
0.33920.3800
52 wk Range
0.29000.9000
Key Statistics
Prev. Close
0.36
Open
0.379
Day's Range
0.3392-0.38
52 wk Range
0.29-0.9
Volume
3.81M
Average Volume (3m)
14.32M
1-Year Change
-36.0483%
Book Value / Share
0.1
Fair Value
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Fair Value Upside
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OPTT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
1.5000
Upside
+342.22%
Members' Sentiments
Bearish
Bullish
ProTips
Quickly burning through cash
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

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 for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Sector
Energy
Employees
53

Ocean Power Technologies Inc Earnings Call Summary for Q3/2026

  • OPT posted Q3 FY2026 EPS of -$0.06 vs. -$0.05 forecast; revenue of $513K missed $1.7M estimate by 69.82%, down 37.5% year-over-year.
  • Net loss widened to $11.4M from $6.7M year-ago; operating expenses surged 37.7% to $8.4M amid continued profitability challenges.
  • Management blamed U.S. government shutdown for revenue timing delays; backlog grew 165%, signaling strong future demand potential.
  • Stock declined 2.85% post-earnings with 9.55% weekly drop; cash position at $7.2M, up $0.3M since fiscal year start.
  • Company expects 37% revenue growth in FY2026 driven by PowerBuoy integration with Anduril and autonomous docking solutions development.
Last Updated: 2026-03-18, 09:44 a/m
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Compare OPTT to Peers and Sector

Metrics to compare
OPTT
Peers
Sector
Relationship
P/E Ratio
−2.1x−5.7x12.3x
PEG Ratio
−0.24−0.010.03
Price/Book
3.9x2.4x1.4x
Price / LTM Sales
22.5x19.6x1.2x
Upside (Analyst Target)
342.2%85.8%26.4%
Fair Value Upside
Unlock16.9%8.2%Unlock

Analyst Ratings

2 Buy
0 Hold
0 Sell
Ratings:
2 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 1.5000
(+342.22% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Ladenburg Thalmann
Buy1.50+342.22%-New CoverageFeb 02, 2026
H.C. Wainwright
Buy1.50+342.22%-New CoverageDec 18, 2025
Ladenburg Thalmann
Buy1.50+342.22%-New CoverageSep 24, 2025

Earnings

Latest Release
Mar 17, 2026
EPS / Forecast
-0.06 / -0.05
Revenue / Forecast
513K / 1.7M
EPS Revisions
Last 90 days

OPTT Income Statement

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FAQ

What Is the Ocean Power (OPTT) Stock Price Today?

The Ocean Power stock price today is 0.3392 USD.

What Stock Exchange Does Ocean Power Trade On?

Ocean Power is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Ocean Power?

The stock symbol for Ocean Power is "OPTT."

What Is the Ocean Power Market Cap?

As of today, Ocean Power market cap is 77.3500M USD.

What Is Ocean Power's Earnings Per Share (TTM)?

The Ocean Power EPS (TTM) is -0.2000.

When Is the Next Ocean Power Earnings Date?

Ocean Power will release its next earnings report on Jul 15, 2026.

From a Technical Analysis Perspective, Is OPTT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Ocean Power Stock Split?

Ocean Power has split 3 times.

How Many Employees Does Ocean Power Have?

Ocean Power has 53 employees.

What is the current trading status of Ocean Power (OPTT)?

As of Mar 22, 2026, Ocean Power (OPTT) is trading at a price of 0.3392 USD, with a previous close of 0.3600 USD. The stock has fluctuated within a day range of 0.3392 USD to 0.3800 USD, while its 52-week range spans from 0.2900 USD to 0.9000 USD.

What Is Ocean Power (OPTT) Price Target According to Analysts?

The average 12-month price target for Ocean Power is 1.5000 USD, with a high estimate of 1.5 USD and a low estimate of 1.5 USD. 2 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +342.22% Upside potential.

What Is the OPTT Premarket Price?

OPTT's last pre-market stock price is 0.3680 USD. The pre-market share volume is 88,110.0000, and the stock has decreased by 0.0080, or 2.2200%.

What Is the OPTT After Hours Price?

OPTT's last after hours stock price is 0.3668 USD, the stock has decreased by 0.0276, or 8.1400%.
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