ocean power technologies inc - OPTT

OPTT

Close Chg Chg %
0.18 -0.02 -12.23%

Closed Market

0.16

-0.02 (12.23%)

Volume: 12.79M

Last Updated:

Sep 8, 2026, 3:59 PM EDT

Company Overview: ocean power technologies inc - OPTT

OPTT Key Data

Open

$0.16

Day Range

0.15 - 0.17

52 Week Range

0.13 - 0.72

Market Cap

$51.33M

Shares Outstanding

270.14M

Public Float

261.26M

Beta

2.60

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.24

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

4.56M

 

OPTT Performance

1 Week
 
-13.77%
 
1 Month
 
-12.51%
 
3 Months
 
-41.06%
 
1 Year
 
-71.85%
 
5 Years
 
-91.63%
 

OPTT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 2
Full Ratings ➔

About ocean power technologies inc - OPTT

Ocean Power Technologies, Inc. engages in commercializing proprietary systems that generate electricity predominantly by harnessing the renewable energy of ocean waves. The firm offers PB3 PowerBuoy, which generates electricity by harnessing the renewable energy of ocean waves. It operates through the following geographical segments: North and South America, Europe, and Asia and Australia. The company was founded by George W. Taylor on April 19, 1984 and is headquartered in Monroe Township, NJ.

OPTT At a Glance

Ocean Power Technologies, Inc.
28 Engelhard Drive
Monroe Township, New Jersey 08831
Phone 1-609-730-0400 Revenue 3.74M
Industry Electrical Products Net Income -48,915,000.00
Sector Producer Manufacturing Employees 65
Fiscal Year-end 04 / 2027
View SEC Filings

OPTT Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 18.79
Price to Book Ratio 6.616
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -2.028
Enterprise Value to Sales 19.752
Total Debt to Enterprise Value 0.169

OPTT Efficiency

Revenue/Employee 57,492.308
Income Per Employee -752,538.462
Receivables Turnover 3.175
Total Asset Turnover 0.106

OPTT Liquidity

Current Ratio 0.602
Quick Ratio 0.481
Cash Ratio 0.336

OPTT Profitability

Gross Margin -158.443
Operating Margin -1,026.572
Pretax Margin -1,308.938
Net Margin -1,308.938
Return on Assets -138.342
Return on Equity -250.026
Return on Total Capital -196.107
Return on Invested Capital -240.878

OPTT Capital Structure

Total Debt to Total Equity 99.928
Total Debt to Total Capital 49.982
Total Debt to Total Assets 31.228
Long-Term Debt to Equity 6.709
Long-Term Debt to Total Capital 3.356
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ocean Power Technologies Inc - OPTT

Collapse All in section
All values USD millions. 2023 2024 2025 2026 5-year trend
Sales/Revenue
2.73M 5.53M 5.86M 3.74M
Sales Growth
+55.32% +102.23% +6.08% -36.24%
Cost of Goods Sold (COGS) incl D&A
2.50M 2.70M 4.20M 9.66M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
637.00K 1.16M 1.76M 1.97M
Depreciation
479.00K 1.01M 1.62M 1.84M
Amortization of Intangibles
158.00K 148.00K 132.00K 133.00K
COGS Growth
+34.19% +8.13% +55.65% +129.90%
Gross Income
236.00K 2.83M 1.66M (5.92M)
Gross Income Growth
+333.66% +1,097.46% -41.26% -456.69%
Gross Profit Margin
+8.64% +51.15% +28.32% -158.44%
2023 2024 2025 2026 5-year trend
SG&A Expense
28.34M 32.23M 23.35M 32.44M
Research & Development
- - - -
-
Other SG&A
28.34M 32.23M 23.35M 32.44M
SGA Growth
+33.60% +13.72% -27.56% +38.96%
Other Operating Expense
- - - -
-
Unusual Expense
1.11M (72.00K) 838.00K 6.88M
EBIT after Unusual Expense
(29.22M) (29.33M) (22.52M) (45.24M)
Non Operating Income/Expense
2.61M 594.00K (21.00K) (891.00K)
Non-Operating Interest Income
- 902.00K 800.00K 47.00K
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - - 2.79M
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - 2.79M
-
Interest Capitalized
- - - -
-
Pretax Income
(26.60M) (28.74M) (22.55M) (48.91M)
Pretax Income Growth
-28.54% -8.02% +21.55% -116.97%
Pretax Margin
-973.79% -520.13% -384.66% -1,308.94%
Income Tax
- (278.00K) (1.25M) (1.03M)
Income Tax - Current - Domestic
- - - -
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(26.33M) (27.48M) (21.51M) (48.91M)
Minority Interest Expense
- - - -
-
Net Income
(26.33M) (27.48M) (21.51M) (48.91M)
Net Income Growth
-39.48% -4.39% +21.73% -127.40%
Net Margin Growth
-963.62% -497.43% -367.02% -1,308.94%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(26.33M) (27.48M) (21.51M) (48.91M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(26.33M) (27.48M) (21.51M) (48.91M)
EPS (Basic)
-0.4701 -0.4656 -0.1695 -0.2517
EPS (Basic) Growth
-34.54% +0.96% +63.60% -48.50%
Basic Shares Outstanding
56.00M 59.03M 126.91M 194.35M
EPS (Diluted)
-0.4701 -0.4656 -0.1695 -0.2517
EPS (Diluted) Growth
-34.54% +0.96% +63.60% -48.50%
Diluted Shares Outstanding
56.00M 59.03M 126.91M 194.35M
EBITDA
(27.47M) (28.24M) (19.93M) (36.39M)
EBITDA Growth
-32.07% -2.82% +29.43% -82.60%
EBITDA Margin
-1,005.38% -511.17% -340.04% -973.86%

Snapshot

Average Recommendation BUY Average Target Price 1.50
Number of Ratings 2 Current Quarters Estimate -0.03
FY Report Date 10 / 2026 Current Year's Estimate -0.115
Last Quarter’s Earnings -0.03 Median PE on CY Estimate N/A
Year Ago Earnings -0.22 Next Fiscal Year Estimate -0.07
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 2 2
Mean Estimate -0.03 -0.03 -0.12 -0.07
High Estimates -0.03 -0.03 -0.11 -0.06
Low Estimate -0.03 -0.03 -0.12 -0.08
Coefficient of Variance 0.00 0.00 -6.15 -20.20

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 2
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Ocean Power Technologies Inc - OPTT

Date Name Shares Transaction Value
Jan 29, 2026 Terence James Cryan Director 2,333,368 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 29, 2026 Clyde Winston Hewlett Director 1,133,075 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 29, 2026 Tracy D. Pagliara Senior VP and General Counsel 979,808 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 29, 2026 Corliss J. Montesi Director 151,189 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 29, 2026 J. Philipp Stratmann President and CEO; Director 2,240,539 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 29, 2026 Robert P. Powers CFO 1,192,714 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 22, 2026 Tracy D. Pagliara Senior VP and General Counsel 565,230 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 22, 2026 Tracy D. Pagliara Senior VP and General Counsel 273,256 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 22, 2026 Diana Garvis Purcel Director 1,327,554 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Ocean Power Technologies Inc in the News