OPTT Company Profile and Key Details
AMEX : OPTT
Ocean Power Technologies
$0.32
-0.02-5.97%
At Close 4:00 PM$0.33
+0.0131+4.16%
After-Market 08:30 PM66.44
BESG ScoreESG Rating
Price Chart
Stock Price Today
Ocean Power Technologies, Inc. (OPTT) stock declined over -5.97%, trading at $0.32 on AMEX, down from the previous close of $0.34. The stock opened at $0.34, fluctuating between $0.31 and $0.34 in the recent session.
Stock Snapshot
0.335
Prev. Close
56.95M
Market Cap
0.3134
Day Low
-1.57
P/E Ratio
-0.2
EPS (TTM)
-0.55
Cash Flow per Share
0.34
Open
180.79M
Number of Shares
0.3414
Day High
97.53%
Free Float in %
0.43
Book Value
3.52M
Volume
Relevant Articles
SEC Fillings
Current Report (8-k)
| Filing Date | Accepted Date | |
|---|---|---|
Annual Report (10-k)
| Filing Date | Accepted Date | |
|---|---|---|
Stock Price History Chart
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| May 18, 2026 | 0.34 | 0.34 | 0.31 | 0.32 | 3.57M |
| May 15, 2026 | 0.34 | 0.34 | 0.34 | 0.34 | 2.85M |
| May 14, 2026 | 0.34 | 0.34 | 0.33 | 0.34 | 2.98M |
| May 13, 2026 | 0.35 | 0.35 | 0.34 | 0.34 | 2.32M |
| May 12, 2026 | 0.35 | 0.35 | 0.34 | 0.35 | 2.83M |
| May 11, 2026 | 0.35 | 0.36 | 0.35 | 0.36 | 2.82M |
| May 08, 2026 | 0.35 | 0.35 | 0.35 | 0.35 | 2.37M |
| May 07, 2026 | 0.36 | 0.37 | 0.35 | 0.35 | 2.83M |
| May 06, 2026 | 0.35 | 0.36 | 0.35 | 0.36 | 2.01M |
| May 05, 2026 | 0.36 | 0.36 | 0.35 | 0.35 | 2.12M |
| May 04, 2026 | 0.36 | 0.37 | 0.36 | 0.36 | 2.82M |
| Apr 30, 2026 | 0.35 | 0.37 | 0.35 | 0.36 | 1.81M |
| Apr 29, 2026 | 0.35 | 0.35 | 0.34 | 0.35 | 2.28M |
| Apr 28, 2026 | 0.37 | 0.37 | 0.35 | 0.35 | 2.87M |
| Apr 27, 2026 | 0.37 | 0.37 | 0.36 | 0.37 | 2.44M |
| Apr 23, 2026 | 0.38 | 0.38 | 0.35 | 0.36 | 4.32M |
| Apr 22, 2026 | 0.37 | 0.38 | 0.37 | 0.38 | 3.65M |
| Apr 21, 2026 | 0.38 | 0.39 | 0.36 | 0.37 | 4.12M |
| Apr 20, 2026 | 0.38 | 0.38 | 0.37 | 0.38 | 2.33M |
| Apr 17, 2026 | 0.40 | 0.41 | 0.38 | 0.38 | 4.2M |
Contact Details
About Company
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, it offers distributed offshore power and communications for remote surface and subsea applications in markets, such as defense and security, offshore oil and gas, science and research, and offshore wind. Further, the company provides Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Additionally, it offers offshore data collection, integration, analytics, and real time communication for various applications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.
Company Information
| Employees | 43 |
| Beta | 2.6 |
| Sales or Revenue | $5.86M |
| 5Y Sales Change% | -0.802% |
| Fiscal Year Ends | April |
| Sector | Industrials |
| Industry | Electrical Equipment & Parts |
Stock Peers
Company Overview
Ocean Power Technologies, Inc. (AMEX:OPTT) closed at $0.32 USD, losing -$0.02 (-5.97%) from the previous close of $0.34. The stock is currently mid-range between its 52-week high and low $0.29 and $0.90. With a market capitalization of about $56.95 million, Ocean Power Technologies, Inc. is classified as a micro-cap and shows higher-than-market volatility (beta ~2.55). Key stats such as the average daily volume over the past year has been around 4.95 million shares, in line with its 52-week average. Headquartered in Monroe Township, NJ, Ocean Power Technologies, Inc. operates in the Industrials sector and the Electrical Equipment & Parts industry. Led by CEO Philipp Stratmann, the company employs approximately 43 people and listed since April 25, 2007. Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia.
Technical Performance
Short-term trend indicators are mixed aligned (SMA20 -10.39%, SMA50 -5.94%, SMA200 -19.1%). The stock’s 14-day RSI is 42.48 (neutral), while the ATR of 0.04 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -55.56% below its high and over 37.93% above its low. Average 10-day trading volume of 2.90 million shares is below the 3-month average of 4.86 million, indicating normal recent market interest.
Dividend & Fair Value
Ocean Power Technologies, Inc. last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $3.80. This means the shares are trading below this model’s fair value.
Earnings & Analyst Outlook
Ocean Power Technologies, Inc. generated EPS of -$0.18 over the past year. Five-year average earnings growth is 34.77%. Wall Street analysts project EPS growth of 22.22% annually over the next five years. Analyst sentiment is bullish. Analyst rating data shows there are 0 Strong Buy ratings, 2 Buy ratings, 0 Hold ratings, 0 Sell rating and 0 Strong Sell ratings. Price targets range from $1.50 to $1.50. The high target offers 368.75% upside. The low target suggests 368.75% downside. The mean target is $1.50. This offers 368.75% upside. Ocean Power Technologies, Inc. earnings surprise history is a mixed track record. The quarter that ended March 17, 2026, missed forecasts by 0.0%. The prior quarter beat by -70.5%. Over the last six quarters, Apple has recorded several small beats. These include -70.5% in December 15, 2025.
Shareholding & Insider Activity
Ocean Power Technologies, Inc. has 180.65 million shares outstanding. The public float is 172.71 million shares, elevated short interest at 8.14% of float. This equals 14.23 million shares. The short ratio is 1.79 days. Institutional investors hold 8.96% of the float. Insiders own 3.13%. Stratmann Philipp holds 518.44 thousand shares, Taylor George W has 463.80 thousand shares and Cryan Terence James has 358.66 thousand shares. Over the past six months, insider transactions show net buying. They sold 0.00 shares across 0 transactions.
Financial & Profitability Overview
On valuation metrics, Ocean Power Technologies trades at a P/E of -17.32, P/S of 16.78 and P/B of 31.04. The current ratio is 1.07 and quick ratio is 0.81. Operationally, the company’s inventory turnover is 1.03 and cash conversion cycle is 979.35 days. Debt-to-equity is 0.43, supported by a cash flow-to-debt ratio of -2.80.
Quarterly Financial Highlights
The company ended the quarter with $6.72M in cash and short-term investments, a total debt of $1.80M, and net debt of - $4.92M. Total assets were $30.79M, with equity of $26.65M. Financials further reflected weakness, with operating cash flow of - $18.63M, free cash flow of - $19.14M, and capital expenditures of - $505.00K.
Frequently Asked Questions
What is the current Ocean Power Technologies, Inc. (OPTT) stock price?
Ocean Power Technologies, Inc. (AMEX: OPTT) stock price is $0.32 in the last trading session. During the trading session, OPTT stock reached the peak price of $0.34 while $0.31 was the lowest point it dropped to. The percentage change in OPTT stock occurred in the recent session was -5.97% while the dollar amount for the price change in OPTT stock was - $0.02.
OPTT's industry and sector of operation?
The AMEX listed OPTT is part of Electrical Equipment & Parts industry that operates in the broader Industrials sector. Ocean Power Technologies, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of OPTT?
Mr. Jeff Wiener
Vice President of Global Sales
Mr. Robert P. Powers
Senior Vice President & Chief Financial Officer
Mr. Joseph DiPietro
Controller, Treasurer & Principal Accounting Officer
Nicholas Day
Gen. Counsel & Sec.
Mr. Philipp Stratmann
Chief Executive Officer, Pres & Director
Mr. Robert Patrick Powers
Senior Vice President & Chief Financial Officer
Vice President of Global Sales
Mr. Robert P. Powers
Senior Vice President & Chief Financial Officer
Mr. Joseph DiPietro
Controller, Treasurer & Principal Accounting Officer
Nicholas Day
Gen. Counsel & Sec.
Mr. Philipp Stratmann
Chief Executive Officer, Pres & Director
Mr. Robert Patrick Powers
Senior Vice President & Chief Financial Officer
How OPTT did perform over past 52-week?
OPTT's closing price is 8.62% higher than its 52-week low of $0.29 where as its distance from 52-week high of $0.90 is -65%.
How many employees does OPTT have?
Number of OPTT employees currently stands at 43.
Link for OPTT official website?
Official Website of OPTT is: https://www.oceanpowertechnologies.com
How do I contact OPTT?
OPTT could be contacted at phone 609 730 0400 and can also be accessed through its website. OPTT operates from 28 Engelhard Drive, Monroe Township, NJ 08831, United States.
How many shares of OPTT are traded daily?
OPTT stock volume for the day was 3.52M shares. The average number of OPTT shares traded daily for last 3 months was 4.95M.
What is the market cap of OPTT currently?
The market value of OPTT currently stands at $56.95M with its latest stock price at $0.32 and 180.79M of its shares outstanding.
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