ocean power technologies inc - OPTT

OPTT

Close Chg Chg %
0.34 0.01 2.10%

Closed Market

0.34

+0.01 (2.10%)

Volume: 2.59M

Last Updated:

Dec 26, 2025, 3:59 PM EDT

Company Overview: ocean power technologies inc - OPTT

OPTT Key Data

Open

$0.34

Day Range

0.33 - 0.35

52 Week Range

0.30 - 1.75

Market Cap

$66.29M

Shares Outstanding

194.96M

Public Float

176.62M

Beta

2.33

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.18

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

3.69M

 

OPTT Performance

1 Week
 
-2.41%
 
1 Month
 
-19.52%
 
3 Months
 
-33.73%
 
1 Year
 
-27.73%
 
5 Years
 
-88.92%
 

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. It 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 5.86M
Industry Electrical Products Net Income -21,511,000.00
Sector Producer Manufacturing 2025 Sales Growth 6.081%
Fiscal Year-end 04 / 2026 Employees 53
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 8.826
Price to Book Ratio 2.619
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -2.349
Enterprise Value to Sales 7.987
Total Debt to Enterprise Value 0.038

OPTT Efficiency

Revenue/Employee 110,584.906
Income Per Employee -405,867.925
Receivables Turnover 2.572
Total Asset Turnover 0.197

OPTT Liquidity

Current Ratio 4.14
Quick Ratio 2.856
Cash Ratio 2.042

OPTT Profitability

Gross Margin 28.323
Operating Margin -370.005
Pretax Margin -384.661
Net Margin -367.019
Return on Assets -72.31
Return on Equity -93.534
Return on Total Capital -75.607
Return on Invested Capital -88.81

OPTT Capital Structure

Total Debt to Total Equity 6.75
Total Debt to Total Capital 6.323
Total Debt to Total Assets 5.842
Long-Term Debt to Equity 2.435
Long-Term Debt to Total Capital 2.281
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ocean Power Technologies Inc - OPTT

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
1.76M 2.73M 5.53M 5.86M
Sales Growth
+45.85% +55.32% +102.23% +6.08%
Cost of Goods Sold (COGS) incl D&A
1.86M 2.50M 2.70M 4.20M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
515.00K 637.00K 1.16M 1.76M
Depreciation
429.00K 479.00K 1.01M 1.62M
Amortization of Intangibles
86.00K 158.00K 148.00K 132.00K
COGS Growth
-18.39% +34.19% +8.13% +55.65%
Gross Income
(101.00K) 236.00K 2.83M 1.66M
Gross Income Growth
+90.59% +333.66% +1,097.46% -41.26%
Gross Profit Margin
-5.74% +8.64% +51.15% +28.32%
2022 2023 2024 2025 5-year trend
SG&A Expense
21.21M 28.34M 32.23M 23.35M
Research & Development
- - - -
-
Other SG&A
21.21M 28.34M 32.23M 23.35M
SGA Growth
+69.44% +33.60% +13.72% -27.56%
Other Operating Expense
- - - -
-
Unusual Expense
(590.00K) 1.11M (72.00K) 838.00K
EBIT after Unusual Expense
(20.72M) (29.22M) (29.33M) (22.52M)
Non Operating Income/Expense
26.00K 2.61M 594.00K (21.00K)
Non-Operating Interest Income
124.00K 902.00K 800.00K 47.00K
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - - -
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - -
-
Interest Capitalized
- - - -
-
Pretax Income
(20.70M) (26.60M) (28.74M) (22.55M)
Pretax Income Growth
-40.22% -28.54% -8.02% +21.55%
Pretax Margin
-1,176.63% -973.79% -520.13% -384.66%
Income Tax
(1.82M) (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
(18.87M) (26.33M) (27.48M) (21.51M)
Minority Interest Expense
- - - -
-
Net Income
(18.87M) (26.33M) (27.48M) (21.51M)
Net Income Growth
-27.87% -39.48% -4.39% +21.73%
Net Margin Growth
-1,073.00% -963.62% -497.43% -367.02%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(18.87M) (26.33M) (27.48M) (21.51M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(18.87M) (26.33M) (27.48M) (21.51M)
EPS (Basic)
-0.3494 -0.4701 -0.4656 -0.1695
EPS (Basic) Growth
+28.94% -34.54% +0.96% +63.60%
Basic Shares Outstanding
54.01M 56.00M 59.03M 126.91M
EPS (Diluted)
-0.3494 -0.4701 -0.4656 -0.1695
EPS (Diluted) Growth
+28.94% -34.54% +0.96% +63.60%
Diluted Shares Outstanding
54.01M 56.00M 59.03M 126.91M
EBITDA
(20.80M) (27.47M) (28.24M) (19.93M)
EBITDA Growth
-57.32% -32.07% -2.82% +29.43%
EBITDA Margin
-1,182.38% -1,005.38% -511.17% -340.04%

Snapshot

Average Recommendation BUY Average Target Price 1.50
Number of Ratings 2 Current Quarters Estimate -0.035
FY Report Date 01 / 2026 Current Year's Estimate -0.145
Last Quarter’s Earnings -0.06 Median PE on CY Estimate N/A
Year Ago Earnings -0.17 Next Fiscal Year Estimate -0.10
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 -0.04 -0.03 -0.15 -0.10
High Estimates -0.02 -0.02 -0.11 -0.07
Low Estimate -0.05 -0.03 -0.18 -0.13
Coefficient of Variance -60.61 -28.28 -34.14 -42.43

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 1 1
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
Dec 16, 2025 J. Philipp Stratmann President and CEO; Director 510,690 Open market or private purchase of non-derivative security Non-derivative transaction at $0.34 per share 173,634.60
Mar 17, 2025 Robert P. Powers Senior VP and CFO 427,862 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 17, 2025 Matthew Burdyny Chief Commercial Officer 173,126 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $0.93 per share 161,007.18

Ocean Power Technologies Inc in the News