OPTT Stock - Ocean Power Technologies, Inc.
Unlock GoAI Insights for OPTT
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $5.86M | $5.53M | $2.73M | $1.76M | $1.21M |
| Gross Profit | $1.66M | $2.83M | $236,000 | $-101,000 | $-1,073,000 |
| Gross Margin | 28.3% | 51.1% | 8.6% | -5.7% | -89.0% |
| Operating Income | $-21,686,000 | $-29,331,000 | $-29,216,000 | $-21,613,000 | $-13,592,000 |
| Net Income | $-21,511,000 | $-27,483,000 | $-26,326,000 | $-18,874,000 | $-15,845,000 |
| Net Margin | -367.0% | -497.4% | -963.6% | -1073.0% | -1313.8% |
| EPS | $-0.17 | $-0.47 | $-0.47 | $-0.35 | $-0.53 |
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.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 18th 2025 | H.C. Wainwright | Initiation | Buy | $1.5 |
| September 24th 2025 | Ladenburg Thalmann | Initiation | Buy | $1.5 |
Earnings History & Surprises
OPTTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Mar 16, 2026 | $-0.05 | — | — | — |
Q4 2025 | Dec 15, 2025 | $-0.02 | $-0.06 | -200.0% | ✗ MISS |
Q3 2025 | Sep 15, 2025 | — | $-0.04 | — | — |
Q3 2025 | Jul 24, 2025 | — | $-0.04 | — | — |
Q1 2025 | Mar 17, 2025 | — | $-0.03 | — | — |
Q4 2024 | Dec 16, 2024 | — | $-0.04 | — | — |
Q3 2024 | Sep 16, 2024 | — | $-0.05 | — | — |
Q3 2024 | Jul 25, 2024 | — | $-0.12 | — | — |
Q1 2024 | Mar 13, 2024 | — | $-0.11 | — | — |
Q4 2023 | Dec 13, 2023 | — | $-0.12 | — | — |
Q3 2023 | Sep 13, 2023 | — | $-0.12 | — | — |
Q3 2023 | Jul 12, 2023 | — | $-0.17 | — | — |
Q1 2023 | Mar 13, 2023 | — | $-0.11 | — | — |
Q4 2022 | Dec 14, 2022 | — | $-0.09 | — | — |
Q3 2022 | Sep 12, 2022 | — | $-0.10 | — | — |
Q3 2022 | Jul 13, 2022 | — | $-0.09 | — | — |
Q1 2022 | Mar 14, 2022 | — | $-0.10 | — | — |
Q4 2021 | Dec 14, 2021 | — | $-0.10 | — | — |
Q3 2021 | Sep 13, 2021 | — | $-0.06 | — | — |
Q3 2021 | Jul 19, 2021 | — | $-0.10 | — | — |
Latest News
HC Wainwright & Co. Initiates Coverage On Ocean Power Techs with Buy Rating, Announces Price Target of $1.5
📈 PositiveOcean Power Techs shares are trading lower after the company reported worse-than-expected Q2 financial results.
📉 NegativeOcean Power Techs Q2 EPS $(0.06) Misses $(0.02) Estimate, Sales $424.000K Miss $2.507M Estimate
📉 NegativeOPTT stock has given up its prior gain. Ocean Power Technologies shares were trading higher after the company announced a partnership with Mythos AI to integrate AI-driven autonomy software across its WAM-V and PowerBuoy platforms.
➖ NeutralOcean Power Technologies shares are trading higher after the company announced a partnership with Mythos AI to integrate AI-driven autonomy software across its WAM-V and PowerBuoy platforms.
📈 PositiveOcean Power Technologies Announces Partnership With Mythos AI To Integrate AI-Driven Autonomy Software Across Its WAM-V Autonomous Surface Vehicles And PowerBuoy Platforms
📈 PositiveLadenburg Thalmann Initiates Coverage On Ocean Power Techs with Buy Rating, Announces Price Target of $1.5
📈 PositiveOcean Power Techs Q1 EPS $(0.04) Up From $(0.05) YoY, Sales $1.182M Down From $1.301M YoY
➖ NeutralOcean Power Partners With Gradient Marine To Integrate GM's Virtual Maritime Picture Software To Develop And Deploy Digital Twins For OPT's Flagship Platforms
📈 PositiveOcean Power Technologies Ships Two WAM-V Unmanned Surface Vehicles To Remah International Group
📈 PositiveOcean Power Technologies Expands UAE Presence With Unique Group Deal To Accelerate WAM-V USV Deployments
📈 PositiveOcean Power Technologies signs reseller agreement in Latin America
📈 PositiveOcean Power wins unmanned surface vehicle contract for international defense firm
📈 PositiveFrequently Asked Questions about OPTT
What is OPTT's current stock price?
What is the analyst price target for OPTT?
What sector is Ocean Power Technologies, Inc. in?
What is OPTT's market cap?
Does OPTT pay dividends?
Similar Stocks
Industrials SectorExplore stocks similar to OPTT for comparison