$0.27+0.01 (+4.33%)
Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia.
Ocean Power Technologies, Inc. in the Industrials sector is trading at $0.27 with a market capitalization of $68M. Wall Street consensus targets $1.50 (2 analysts), implying a +466.0% move over the next 12 months. The stock is currently near its 52-week low of $0.24, remaining 36.9% below its 200-day moving average. On fundamentals, Piotroski 4/9 shows mixed financial quality, Altman Z in the distress zone. Risk note: MACD remains below its signal line. The Whystock Score of 70/100 reflects bullish alignment across trend, valuation and analyst targets.
| Metric (USD) | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|
| Total Revenue | $513,000↑ | $424,000↓ | $1.18M↓ | $1.32M↑ | $825,000 |
| Gross Profit | -$755,000↑ | -$1.38M↓ | -$23,000↓ | $221,000↑ | $197,000 |
| Operating Income | -$9.12M↑ | -$10.12M↓ | -$7.08M↑ | -$7.42M↓ | -$5.88M |
| Net Income | -$11.37M↓ | -$10.82M↓ | -$7.39M↓ | -$6.43M↑ | -$6.72M |
Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. Its maritime solutions include Data as a Service (DaaS), Robotics ...
Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Philipp Stratmann talked with Proactive about the company's latest deployment with Rutgers University and how its buoy technology is helping modernize ocean sensing infrastructure while creating new opportunities across research, security and...
Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to discuss two new milestones that expand the company’s presence in the academic and marine research markets: the successful deployment of a PowerBuoy® system for Rutgers University and a new WAM-V® unmanned surface vehicle order from Stevens Institute of Technology. Stratmann said the Rutgers project, supported by the New Jersey Economic Development Authority, is now fully installed and operational off the coast of New Jersey. The deployed PowerBuoy replaces a legacy ocean monitoring system that depended on fixed seabed cables, providing continuous offshore power and communications without the need for permanent underwater infrastructure. The system is expected to support a range of research applications, including ocean monitoring, environmental data collection, and integration of both surface and subsea sensors. Management believes the flexible design of the PowerBuoy allows it to be deployed more quickly than traditional subsea cable systems while also enabling relocation, upgrades, and long-term expansion as research needs evolve. In a second development, Ocean Power Technologies received a purchase order from Stevens Institute of Technology for one of its WAM-V autonomous maritime drones. The vehicle will support advanced marine research and development initiatives and is currently in production. Stratmann noted that academic research customers represent an attractive market segment because they often involve multi-phase programs, recurring grant funding, and follow-on deployment opportunities. The latest Stevens order reflects growing demand for the company’s autonomous maritime systems and expands its footprint in university-led marine innovation programs. Management believes these two developments reinforce Ocean Power Technologies’ strategy of positioning its PowerBuoy and WAM-V platforms as flexible, scalable solutions for offshore research, environmental monitoring, and autonomous maritime operations. #proactiveinvestors #oceanpowertechnologiesinc #nyseamerican #optt #PhillipStratmann #PowerBuoy #WAMV #MaritimeTech #OceanResearch #AutonomousSystems #MarineTechnology #EnvironmentalMonitoring #Rutgers #StevensInstitute
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has deployed and commissioned a PowerBuoy system for Rutgers University off the coast of New Jersey and received an order for a WAM-V unmanned surface vehicle from Stevens Institute of Technology. The Rutgers project, supported by...
Ocean Power Technologies Inc (NYSE-A:OPTT) has reported successful power generation from its MERROWS-equipped PowerBuoy system deployed off the coast of San Diego in support of US Coast Guard maritime domain awareness operations. The system has generated close to 0.5MWh of energy to date and...
Ocean Power Technologies Inc (NYSE-A:OPTT) has entered into securities purchase agreements with institutional investors for a registered direct offering of 25 million shares of common stock at $0.40 per share, the marine energy company said on Friday. The offering, priced at a premium to the...