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Ocean Power Technologies

OPTT · NYSE American

$0.5465−$0.0295 (−5.12%)TodayMarket closed ·
Prev close $0.576

About OPTT

Ocean Power Technologies, Inc. engages in commercializing proprietary systems that generate electricity predominantly by harnessing the renewable energy of ocean waves. 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.

Employees
53
Headquarters
Monroe Township, New Jersey
Listed
Oct 31, 2003
Sector
Industrials
Industry
Electrical Equipment
Website
oceanpowertechnologies.com

OPTT key statistics

Market cap
4.97M
Price-earnings ratio
0.00
Dividend yield
—
Average volume
779.03K
Volume
286.21K
Open price
$0.5669
High today
$0.60
Low today
$0.535
52 Week high
$21.60
52 Week low
$0.555

Ocean Power Technologies (OPTT) at a glance

Ocean Power Technologies (OPTT) last traded at $0.5465, with a market cap of 4.97M and a price-to-earnings ratio of 0.00.

Today the stock has traded between $0.535 and $0.60. The current price is 2.1% above the day's low and 8.9% below its high.

Volume so far is 286.21K shares, below the average of 779.03K shares a day.

Over the past year Ocean Power Technologies has ranged from $0.555 to $21.60, and now sits 0% of the way up that range.

Ocean Power Technologies met or beat analyst EPS estimates in 1 of the last 8 quarters. In Q1 FY27 it reported -$1.87 per share against an estimate of -$0.918.

The average analyst price target is $45.90, 8298.9% above the current price, from 1 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

100%of 1 analyst rating say Buy
  • Buy100.0%
  • Hold0.0%
  • Sell0.0%
Price target · 3 analystsAvg $45.90
Low
$45.45
Now
$0.5465
High
$47.25

OPTT earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 1 of the last 8 quarters, by 21.6% on average.

  1. Q4 FY24: reported -$0.12 per share against an estimate of $0.00
  2. Q1 FY25: reported -$0.05 per share against an estimate of $0.00
  3. Q2 FY25: reported -$0.04 per share against an estimate of $0.00
  4. Q1 FY26: reported -$0.04 per share against an estimate of -$0.051
  5. Q2 FY26: reported -$0.06 per share against an estimate of -$0.0204
  6. Q3 FY26: reported -$0.06 per share against an estimate of -$0.0459
  7. Q4 FY26: reported -$2.10 per share against an estimate of -$1.07
  8. Q1 FY27: reported -$1.87 per share against an estimate of -$0.918

OPTT news

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.