Ocean Power Technologies Inc (OPTT)

Currency in USD
0.2596
-0.0004(-0.15%)
Real-time Data·
Trading near 52-week Low
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Fair Value
Day's Range
0.25860.2680
52 wk Range
0.25860.9000
Key Statistics
Prev. Close
0.26
Open
0.265
Day's Range
0.2586-0.268
52 wk Range
0.2586-0.9
Volume
1.51M
Average Volume (3m)
4.14M
1-Year Change
-47.1629%
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
+477.81%
Members' Sentiments
Bearish
Bullish
ProTips
Stock has taken a big hit over the last week
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Technical Analysis

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

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 1.5000
(+477.81% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Ladenburg Thalmann
Buy1.50+476.92%-New Coverage02-02-2026
H.C. Wainwright
Buy1.50+476.92%-New Coverage18-12-2025
Ladenburg Thalmann
Buy1.50+476.92%-New Coverage24-09-2025

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: 18-03-2026, 07:14 pm
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Earnings

Latest Release
17-03-2026
EPS / Forecast
-0.06 / -0.05
Revenue / Forecast
513K / 1.7M
EPS Revisions
Last 90 days

OPTT Income Statement

Compare OPTT to Peers and Sector

Metrics to compare
OPTT
Peers
Sector
Relationship
P/E Ratio
−1.7x−2.4x12.1x
PEG Ratio
−0.18−0.090.03
Price/Book
3.0x3.0x1.4x
Price / LTM Sales
17.5x9.2x1.2x
Upside (Analyst Target)
-99.8%24.4%
Fair Value Upside
Unlock6.1%8.0%Unlock

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

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
11.45M5.02%2.98M
Other Institutional Investors
13.97M6.13%3.63M
Public Companies & Retail Investors
202.60M88.85%52.68M
Total
228.02M100.00%59.29M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Vanguard Capital Management, LLC3.76%85,78,5222,230
Vanguard Index Funds - Vanguard Total Stock Market ETF2.69%61,32,2081,594

FAQ

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

The Ocean Power share price today is 0.2596.

What is the current Ocean Power (OPTT) share price and day range?

As of 25-06-2026, the Ocean Power share price is 0.2596, with a previous close of 0.2600. The share price has ranged from 0.2586 to 0.2680 today, while the 52-week range spans from 0.2586 to 0.9000.

What Is the Ocean Power Market Cap?

As of today, Ocean Power market cap is 59.9000M.

What Is the Ocean Power (OPTT) Share Price Target?

The average 12-month share price target for Ocean Power is 1.5000, with a high estimate of 1.5 and a low estimate of 1.5. 2 analysts recommend buying, while 0 suggest selling, with an overall rating of Strong Buy and +477.81% Upside potential.

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

The Ocean Power EPS (TTM) is -0.1995.

When Is the Next Ocean Power Earnings Date?

Ocean Power will release its next earnings report on 15-07-2026.

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.

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."

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 OPTT Premarket Price?

OPTT's last pre-market stock price is 0.2682. The pre-market share volume is 2,98,410.0000, and the stock has changed by 0.0082, or 3.1500%.
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