Ocean Power Technologies, Inc. OPTT
At closeNov 4, 2026, 8:04 AM EST
Pre-market · Nov 4, 8:04 AM ET
- YTD
- +52.63%
- 1 year
- +6.49%
- Market cap
- 4.12M
- Revenue (ttm)
- 5.55M
- EPS (ttm)
- -7.58
- Shares out
- 146.04M
- Forward P/E
- -0.15
- YTD return
- +52.63%
- 1-year return
- +6.49%
- Volume
- 442.95K
- Avg volume
- 524.42K
- Open
- 0.414
- Previous close
- 0.408
- Day's range
- 0.4156 – 0.46
- 52-week range
- 0.37 – 21.60
- Beta
- 2.19
2Y +0.3079 (+205.27%)
Key statistics
- Enterprise value
- 30.61M
- PEG ratio
- 0.00
- Price / sales
- 8.78
- Price / book
- 1.06
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 2.30%
- Free cash flow
- -23.05M
- Total cash
- 3.18M
- Total debt
- 2.45M
- Return on equity
- -81.80%
- Short % of float
- 8.44%
- 50-day average
- 0.2272
- 200-day average
- 0.2233
Next earnings
Consensus EPS estimate 0.00.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Dec 16, 2024 | Oct 1, 2024 | 0.00 | -0.04 | — | — |
| Sep 16, 2024 | Jul 1, 2024 | 0.00 | -0.05 | — | — |
| Jul 25, 2024 | Apr 1, 2024 | 0.00 | -0.12 | — | — |
| Mar 13, 2024 | Jan 1, 2024 | 0.00 | -0.11 | — | — |
| Dec 13, 2023 | Oct 1, 2023 | 0.00 | -0.12 | — | — |
| Sep 13, 2023 | Jul 1, 2023 | 0.00 | -0.12 | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| May 9, 2013 | Ascendiant Capital | init | — | Strong Buy |
About Ocean Power Technologies, Inc.
Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company offers 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. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. Ocean Power Technologies, Inc. serves public and private entities, and agencies that require remote offshore power. The company offers was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Country
- United States
- Website
- oceanpowertechnologies.com
News
Ocean Power Technologies, Inc. (OPTT) Discusses New Leadership Team and Strategic Road Ahead Transcript 
Ocean Power Technologies to Participate in Rescheduled Water Tower Research Fireside Chat on November 2, 2026 
12 Industrials Stocks Moving In Thursday's Intraday Session 
Nasdaq Dips Over 400 Points; Alphabet Shares Tumble After Downbeat Q3 Results 
UPDATE: Ocean Power Technologies Files Prospectus Offering Of Up To 9,375,000 Shares And Warrants At $0.64/Unit 
Dow Surges Over 200 Points; Verizon Shares Fall Following Q3 Results 
Ocean Power Technologies Inks Letter Of Intent With Stratum Holdings For Proposed Partnership To Unveil Offshore Data Center Assets 
12 Industrials Stocks Moving In Monday's After-Market Session 
Ocean Power Technologies' PowerBuoy 2.0 Solar And Wind Mini To Participate In Upcoming U.S. Government Operational Exercise 
12 Industrials Stocks Moving In Thursday's After-Market Session
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BURDYNY MATTHEW | Officer | Conversion of Exercise of derivative security | Jan 21, 2024 | 56,426 |
| CRYAN TERENCE JAMES | Director | Purchase | Nov 12, 2024 | 358,658 |
| DIPIETRO JOSEPH | Officer | Conversion of Exercise of derivative security | Jan 21, 2024 | 8,691 |
| HEWLETT CLYDE W | Director | Stock Award(Grant) | Jan 21, 2024 | 181,871 |
| LORENZ ANDERSON NATALIE M | Director | Stock Award(Grant) | Jan 21, 2024 | 162,742 |
| POWERS ROBERT PATRICK | Chief Financial Officer | Conversion of Exercise of derivative security | Jan 21, 2024 | 77,606 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Group Inc | 3.45% | 1,759,715 | 587.74K | Sep 29, 2024 |
| Geode Capital Management, LLC | 1.47% | 748,573 | 250.02K | Sep 29, 2024 |
| Blackrock Inc. | 1.13% | 577,391 | 192.85K | Sep 29, 2024 |
| Sargent Investment Group, LLC | 0.39% | 200,000 | 66.80K | Sep 29, 2024 |
| State Street Corporation | 0.38% | 196,184 | 65.53K | Sep 29, 2024 |
| Xtx Topco Ltd | 0.29% | 149,409 | 49.90K | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1.96% | 1,001,472 | 334.49K | Sep 29, 2024 |
| Vanguard Extended Market Index Fund | 1.48% | 753,871 | 251.79K | Sep 29, 2024 |
| Fidelity Extended Market Index Fund | 1.01% | 515,928 | 172.32K | Oct 30, 2024 |
| Fidelity Series Total Market Index Fund | 0.24% | 122,193 | 40.81K | Oct 30, 2024 |
| Fidelity Total Market Index Fund | 0.23% | 116,322 | 38.85K | Oct 30, 2024 |