OCEAN POWER TECHNOLOGIES INC (OPTT) Stock Overview
USA - NYSEARCA:OPTT - US6748705067 - Common Stock
OPTT Key Statistics, Chart & Performance
The current stock price of OPTT is 0.552 USD. In the past month the price increased by 18.45%. In the past year, price increased by 264.65%.
OPTT Latest News, Press Relases and Analysis
OPTT Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| GEV | GE VERNOVA INC | 157.86 | 171.46B | ||
| BE | BLOOM ENERGY CORP- A | 218.16 | 28.08B | ||
| SMR | NUSCALE POWER CORP | N/A | 14.76B | ||
| BWSN | BABCOCK & WILCOX ENTERPR - BW 8 1/8 02/28/26 | N/A | 2.51B | ||
| BWNB | BABCOCK & WILCOX ENTERPR - BW 6 1/2 12/31/26 | N/A | 2.41B | ||
| NNE | NANO NUCLEAR ENERGY INC | N/A | 2.23B | ||
| PSIX | POWER SOLUTIONS INTERNATIONA | 19.56 | 2.18B | ||
| NPWR | NET POWER INC | 1.78 | 1.08B | ||
| NRGV | ENERGY VAULT HOLDINGS INC | N/A | 675.77M | ||
| BW | BABCOCK & WILCOX ENTERPR | N/A | 381.65M | ||
| BWEN | BROADWIND INC | N/A | 54.84M | ||
| PPSI | PIONEER POWER SOLUTIONS INC | 1.59 | 53.06M |
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About OPTT
Company Profile
Ocean Power Technologies, Inc. engages in commercializing proprietary systems that generate electricity predominantly by harnessing the renewable energy of ocean waves. The company is headquartered in Monroe Township, New Jersey and currently employs 53 full-time employees. The company went IPO on 2003-10-31. The firm focuses on three major service areas: Data as a Service (DaaS), which includes data collected by its Wave Adaptive Modular Vessel (WAM-V) autonomous vehicles or its PowerBuoy product lines; Robotics as a Service (RaaS), which provides a lower cost subscription model for its customers to access use of its WAM-Vs, and Power as a Service (PaaS), which includes its PowerBuoy and subsea battery products. The firm's solutions are primarily suited to ocean and other offshore environments, and support generation of actionable intelligence on a standalone basis. The firm offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, science and research, wind power, and other industries.
Company Info
OCEAN POWER TECHNOLOGIES INC
28 Engelhard Drive, Suite B
Monroe Township NEW JERSEY 08831 US
CEO: Philipp Stratmann
Employees: 53
Phone: 16097300400
OCEAN POWER TECHNOLOGIES INC / OPTT FAQ
What is the stock price of OCEAN POWER TECHNOLOGIES INC today?
The current stock price of OPTT is 0.552 USD. The price decreased by -5.62% in the last trading session.
What is the ticker symbol for OCEAN POWER TECHNOLOGIES INC stock?
The exchange symbol of OCEAN POWER TECHNOLOGIES INC is OPTT and it is listed on the NYSE Arca exchange.
On which exchange is OPTT stock listed?
OPTT stock is listed on the NYSE Arca exchange.
What is the price forecast or stock price prediction for OCEAN POWER TECHNOLOGIES INC stock?
7 analysts have analysed OPTT and the average price target is 1.53 USD. This implies a price increase of 177.17% is expected in the next year compared to the current price of 0.552. Check the OCEAN POWER TECHNOLOGIES INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.
What is OCEAN POWER TECHNOLOGIES INC worth?
OCEAN POWER TECHNOLOGIES INC (OPTT) has a market capitalization of 101.02M USD. This makes OPTT a Micro Cap stock.
How many employees does OCEAN POWER TECHNOLOGIES INC have?
OCEAN POWER TECHNOLOGIES INC (OPTT) currently has 53 employees.
What are the support and resistance levels for OCEAN POWER TECHNOLOGIES INC (OPTT) stock?
OCEAN POWER TECHNOLOGIES INC (OPTT) has a support level at 0.52 and a resistance level at 0.64. Check the full technical report for a detailed analysis of OPTT support and resistance levels.
Is OCEAN POWER TECHNOLOGIES INC (OPTT) expected to grow?
The Revenue of OCEAN POWER TECHNOLOGIES INC (OPTT) is expected to grow by 194798% in the next year. Check the estimates tab for more information on the OPTT EPS, Sales, EBIT and EBITDA future analyst estimates.
Should I buy OCEAN POWER TECHNOLOGIES INC (OPTT) stock?
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
- The Technical Analysis (TA) tab contains a technical analysis of OPTT, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of OPTT, evaluating the profitability, health, valuation and growth aspects
- OCEAN POWER TECHNOLOGIES INC (OPTT) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- OCEAN POWER TECHNOLOGIES INC (OPTT) Sales and EPS estimates to see what analysts future expectations are.
- OCEAN POWER TECHNOLOGIES INC (OPTT) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- OCEAN POWER TECHNOLOGIES INC (OPTT) Insider and Institutional Ownership to learn about the owners and their transactions.
- OCEAN POWER TECHNOLOGIES INC (OPTT) Stock Chart to make your own analysis
- OCEAN POWER TECHNOLOGIES INC (OPTT) Latest news and press-releases to stay up to date.
Does OCEAN POWER TECHNOLOGIES INC (OPTT) stock pay dividends?
OPTT does not pay a dividend.
When does OCEAN POWER TECHNOLOGIES INC (OPTT) report earnings?
OCEAN POWER TECHNOLOGIES INC (OPTT) will report earnings on 2025-12-01.
What is the Price/Earnings (PE) ratio of OCEAN POWER TECHNOLOGIES INC (OPTT)?
OCEAN POWER TECHNOLOGIES INC (OPTT) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.16).
What is the Short Interest ratio of OCEAN POWER TECHNOLOGIES INC (OPTT) stock?
The outstanding short interest for OCEAN POWER TECHNOLOGIES INC (OPTT) is 7.08% of its float. Check the ownership tab for more information on the OPTT short interest.
OPTT Technical Analysis
ChartMill assigns a technical rating of 7 / 10 to OPTT. When comparing the yearly performance of all stocks, OPTT is one of the better performing stocks in the market, outperforming 97.02% of all stocks.
OPTT Fundamental Analysis
ChartMill assigns a fundamental rating of 2 / 10 to OPTT. OPTT may be in some trouble as it scores bad on both profitability and health.
OPTT Financial Highlights
Over the last trailing twelve months OPTT reported a non-GAAP Earnings per Share(EPS) of -0.16. The EPS increased by 59.44% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -66.76% | ||
| ROE | -101.06% | ||
| Debt/Equity | 0.29 |
OPTT Forecast & Estimates
7 analysts have analysed OPTT and the average price target is 1.53 USD. This implies a price increase of 177.17% is expected in the next year compared to the current price of 0.552.