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OPTT:NYSEAMERICAN
Ocean Power Technologies Inc
$0.29
-24.92%
(-0.097) 1D
$0.31
+6.01% (+0.018)
After hours
Closed: Jun 5, 4:00:00 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for OPTT...
Open
$0.32
High
$0.32
Low
$0.29
Mkt. cap
62.63M
Avg. vol.
3.25M
Volume
31.61M
52-wk high
$0.90
52-wk low
$0.29
EPS
-$0.20
Beta
2.52
Shares outstanding
228.02M
No. of employees
53
Open
$0.32
High
$0.32
Low
$0.29
Mkt. cap
62.63M
Avg. vol.
3.25M
Volume
31.61M
52-wk high
$0.90
52-wk low
$0.29
EPS
-$0.20
Beta
2.52
Shares outstanding
228.02M
No. of employees
53
Analyst outlook
Analyst Ratings
Based on 1 analyst giving stock ratings to OPTT in the past 3 months
Buy
Buy
1
Hold
0
Sell
0
12 month forecast
Based on 1 Wall Street analyst offering 12 month price targets for OPTT in the last 3 months.
Highest
Current $0.29
$1.50 (+414.93%)
Average
$1.50 (+414.93%)
Lowest
$1.50 (+414.93%)
News stories
From sources across the web
Profile
Ocean Power Technologies is a U.S. publicly owned renewable energy company, providing electric power and communications solutions, services and related for remote offshore applications. The company's PowerBuoy wave energy conversion technology is theoretically scalable to hundreds of megawatts and the generated energy from wave power can be supplied to the grid via submarine cables. Several projects were undertaken around the world, but the economic viability of the theoretical concept has been problematic. Ocean Power was involved in several large PowerBuoy projects, including a very large Australian project with Lockheed Martin from 2012–2014, when they determined that "the project wasn’t 'commercially viable,' and [the company] changed its strategy. It has since commercialized the technology by providing power and communications to remote sites such as offshore oil fields." Ocean Power Technologies Australasia Pty Ltd, OPTA is an Australian-owned subsidiary of Ocean Power Technologies Inc, previously engaged in wave power projects in Australia. Ocean Power Technologies Limited is the UK-based wholly owned subsidiary. Wikipedia
About Ocean Power Technologies Inc
CEOPhilipp Stratmann
Employees53
Founded1984
HeadquartersMonroe Township, New Jersey, United States
Sectorcapital good
Websiteoceanpowertechnologies.com
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Apr 2025
Jul 2025
Oct 2025
Jan 2026
Revenue
1.32M
1.18M
424.00K
513.00K
Cost of goods sold
1.10M
1.20M
1.80M
1.27M
Cost of revenue
1.10M
1.20M
1.80M
1.27M
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
7.64M
7.06M
8.74M
8.36M
Operating expense
7.64M
7.06M
8.74M
8.36M
Total operating expenses
8.74M
8.26M
10.55M
9.63M
Operating income
-7.42M
-7.08M
-10.12M
-9.12M
Other non operating income
-27.00K
-
-
-1.52M
EBT including unusual items
-7.46M
-7.39M
-10.82M
-11.37M
EBT excluding unusual items
-7.46M
-7.39M
-10.70M
-11.37M
Income tax expense
-1.03M
-
-
-
Effective tax rate
13.86%
-
-
-
Other operating expenses
-
-
-
-
Net income
-6.43M
-7.39M
-10.82M
-11.37M
Net profit margin
-488.30%
-625.04%
-2,553.07%
-2,215.59%
Earnings per share
-
-
-
-
Interest and investment income
34.00K
-
-
-
Interest expense
-
-310.00K
-564.00K
-726.00K
Net interest expenses
34.00K
-310.00K
-564.00K
-726.00K
Depreciation and amortization charges
-
-
-
-
EBITDA
-7.23M
-6.85M
-9.89M
-8.85M
Gain or loss from assets sale
-
-
-
-
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