OCEAN POWER TECHNOLOGIES INC (OPTT) Stock Price, Forecast & Analysis
NYSEARCA:OPTT • US6748705067
OPTT Key Statistics, Chart & Performance
The current stock price of OPTT is 0.4258 USD. In the past month the price increased by 1.57%. In the past year, price decreased by -33.92%.
OPTT Technical Analysis
ChartMill assigns a technical rating of 2 / 10 to OPTT. When comparing the yearly performance of all stocks, OPTT is a bad performer in the overall market: 81.53% of all stocks are doing better.
OPTT Fundamental Analysis
ChartMill assigns a fundamental rating of 2 / 10 to OPTT. Both the profitability and financial health of OPTT have multiple concerns.
OPTT Financial Highlights
Over the last trailing twelve months OPTT reported a non-GAAP Earnings per Share(EPS) of -0.19. The EPS increased by 40.93% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -79.76% | ||
| ROE | -140.63% | ||
| Debt/Equity | 0.46 |
OPTT Forecast & Estimates
8 analysts have analysed OPTT and the average price target is 1.53 USD. This implies a price increase of 259.32% is expected in the next year compared to the current price of 0.4258.
For the next year, analysts expect an EPS growth of 12.74% and a revenue growth 70.98% for OPTT
OPTT Ownership
OPTT Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| GEV | GE VERNOVA INC | 58.7 | 216.198B | ||
| BE | BLOOM ENERGY CORP- A | 131.91 | 39.134B | ||
| SMR | NUSCALE POWER CORP | N/A | 4.332B | ||
| BWNB | BABCOCK & WILCOX ENTERPR - BW 6 1/2 12/31/26 | 2,056.6 | 2.755B | ||
| PSIX | POWER SOLUTIONS INTERNATIONA | 15.91 | 2.276B | ||
| NNE | NANO NUCLEAR ENERGY INC | N/A | 1.251B | ||
| BW | BABCOCK & WILCOX ENTERPR | 786.61 | 1.083B | ||
| NRGV | ENERGY VAULT HOLDINGS INC | N/A | 535.25M | ||
| NPWR | NET POWER INC | N/A | 473.158M |
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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 does OCEAN POWER TECHNOLOGIES INC do?
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.
What is the stock price of OCEAN POWER TECHNOLOGIES INC today?
The current stock price of OPTT is 0.4258 USD. The price decreased by -2.14% in the last trading session.
What is the dividend status of OCEAN POWER TECHNOLOGIES INC?
OPTT does not pay a dividend.
How is the ChartMill rating for OCEAN POWER TECHNOLOGIES INC?
OPTT has a ChartMill Technical rating of 2 out of 10 and a ChartMill Fundamental rating of 2 out of 10.
What is the GICS sector and industry of OPTT stock?
OCEAN POWER TECHNOLOGIES INC (OPTT) operates in the Industrials sector and the Electrical Equipment industry.
Would investing in OCEAN POWER TECHNOLOGIES INC be a good decision?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on OPTT.
What is the next earnings date for OPTT stock?
OCEAN POWER TECHNOLOGIES INC (OPTT) will report earnings on 2026-03-16.