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Ocean Power Technologies, Inc. (OPTT)

Industrials | Specialty Industrial Machinery | Monroe Township, United States | NYSE American
0.38 USD +0.00 (1.222%) ⇧ (April 17, 2026, 3:42 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 11, 2026, 3:15 p.m. EDT

OPTT is a highly volatile stock with a low current price and negative fundamentals, indicating a lack of profitability and weak financial health. While recent news highlights potential growth opportunities and contracts, the stock's price has been in a downtrend, and there's no dividend history. Short-term traders might consider buying calls if there is a positive catalyst, but the overall risk seems high. Long-term investors should be cautious due to the lack of fundamentals and consistent performance.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.099315
AutoARIMA0.107521
AutoETS0.107692
MSTL0.111322

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 54%
H-stat 0.07
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 3.13
Attribute Value
Sector Industrials
Debt to Equity Ratio 42.588
Revenue per Share 0.019
Market Cap 86,899,736
Forward P/E -0.17
Beta 2.60
Website https://www.oceanpowertechnologies.com

As of April 11, 2026, 3:15 p.m. EDT: Options speculators are showing mixed signals. Calls are predominantly positioned at the out-of-the-money (OTM) with high open interest (OI) and implied volatility (IV) for strikes like 0.5 and 1.0, suggesting potential for upward movement. However, puts also show significant OI and IV, especially for the 0.5 strike, indicating some bearish sentiment. The overall options activity suggests a cautious outlook with both bullish and bearish positions, but the lack of significant momentum in price history and the high volatility might make it challenging for short-term traders.


Info Dump

Attribute Value
52 Week Change 0.02702701
Address1 28 Engelhard Drive
Address2 Suite B
All Time High 4,000.0
All Time Low 0.12
Ask 0.3791
Ask Size 100
Average Daily Volume10 Day 2,748,170
Average Daily Volume3 Month 11,294,590
Average Volume 11,294,590
Average Volume10Days 2,748,170
Beta 2.599
Bid 0.379
Bid Size 1,400
Book Value 0.093
City Monroe Township
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.3811
Current Ratio 1.072
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 0.4051
Day Low 0.3781
Debt To Equity 42.588
Display Name Ocean Power
Dividend Date 1,552,348,800
Earnings Call Timestamp End 1,773,838,800
Earnings Call Timestamp Start 1,773,838,800
Earnings Timestamp 1,773,777,600
Earnings Timestamp End 1,773,777,600
Earnings Timestamp Start 1,773,777,600
Ebitda -32,816,000
Ebitda Margins 0.0
Enterprise To Ebitda -2.662
Enterprise To Revenue 25.429
Enterprise Value 87,349,824
Eps Forward -2.23
Eps Trailing Twelve Months -0.2
Esg Populated 0
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.3984
Fifty Day Average Change -0.01730001
Fifty Day Average Change Percent -0.04342372
Fifty Two Week Change Percent 2.702701
Fifty Two Week High 0.9
Fifty Two Week High Change -0.5189
Fifty Two Week High Change Percent -0.57655555
Fifty Two Week Low 0.29
Fifty Two Week Low Change 0.09110001
Fifty Two Week Low Change Percent 0.31413797
Fifty Two Week Range 0.29 - 0.9
Financial Currency USD
First Trade Date Milliseconds 1,177,507,800,000
Float Shares 218,726,923
Forward Eps -2.23
Forward P E -0.17089686
Free Cashflow -15,795,125
Full Exchange Name NYSE American
Full Time Employees 53
Gmt Off Set Milliseconds -14,400,000
Gross Margins -0.5639
Gross Profits -1,937,000
Has Pre Post Market Data 1
Held Percent Insiders 0.04691
Held Percent Institutions 0.089449994
Implied Shares Outstanding 228,023,439
Industry Specialty Industrial Machinery
Industry Disp Specialty Industrial Machinery
Industry Key specialty-industrial-machinery
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,745,971,200
Last Split Date 1,552,348,800
Last Split Factor 1:20
Long Business Summary 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 as a Service (RaaS), and Power as a Service (PaaS). The company also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.
Long Name Ocean Power Technologies, Inc.
Market us_market
Market Cap 86,899,736
Market State REGULAR
Max Age 86,400
Message Board Id finmb_912997
Most Recent Quarter 1,769,817,600
Net Income To Common -36,004,000
Next Fiscal Year End 1,777,507,200
Non Diluted Market Cap 85,850,824
Number Of Analyst Opinions 2
Open 0.4
Operating Cashflow -23,930,000
Operating Margins -17.77388
Payout Ratio 0.0
Phone 609 730 0400
Previous Close 0.3765
Price Hint 4
Price To Book 4.0978494
Price To Sales Trailing12 Months 25.298323
Profit Margins 0.0
Quick Ratio 0.706
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0045999885
Regular Market Change Percent 1.2217765
Regular Market Day High 0.4051
Regular Market Day Low 0.3781
Regular Market Day Range 0.3781 - 0.4051
Regular Market Open 0.4
Regular Market Previous Close 0.3765
Regular Market Price 0.3811
Regular Market Time 1,776,454,952
Regular Market Volume 4,044,986
Return On Assets -0.5583
Return On Equity -1.4695799
Revenue Growth -0.378
Revenue Per Share 0.019
Sand P52 Week Change 0.36506534
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 228,023,439
Shares Percent Shares Out 0.0809
Shares Short 18,448,732
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 17,812,169
Short Name Ocean Power Technologies, Inc.
Short Percent Of Float 0.0836
Short Ratio 2.37
Source Interval 15
State NJ
Symbol OPTT
Target High Price 1.5
Target Low Price 1.5
Target Mean Price 1.5
Target Median Price 1.5
Total Cash 7,056,000
Total Cash Per Share 0.031
Total Debt 8,555,000
Total Revenue 3,435,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.2
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.47035
Two Hundred Day Average Change -0.08925
Two Hundred Day Average Change Percent -0.18975231
Type Disp Equity
Volume 4,044,986
Website https://www.oceanpowertechnologies.com
Zip 8,831