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Ocean Power Technologies

0.5350 USD
-0.0415
7.20%
At close Jul 11, 4:00 PM EDT
After hours
0.5400
+0.0050
0.93%
1 day
-7.20%
5 days
5.42%
1 month
-2.03%
3 months
29.23%
6 months
-29.76%
Year to date
-47.03%
1 year
40.75%
5 years
-22.46%
10 years
-99.55%
 

About: Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.

Employees: 43

0
Funds holding %
of 7,312 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

427% more call options, than puts

Call options by funds: $1.06M | Put options by funds: $201K

2.12% more ownership

Funds ownership: 6.12% [Q4 2024] → 8.24% (+2.12%) [Q1 2025]

11% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 9

12% less funds holding

Funds holding: 50 [Q4 2024] → 44 (-6) [Q1 2025]

28% less capital invested

Capital invested by funds: $8.97M [Q4 2024] → $6.46M (-$2.51M) [Q1 2025]

31% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 16

Research analyst outlook

We haven’t received any recent analyst ratings for OPTT.

Financial journalist opinion

Based on 5 articles about OPTT published over the past 30 days

Positive
Proactive Investors
2 days ago
Ocean Power Technologies installs PowerBuoy system for Naval Postgraduate School
Ocean Power Technologies Inc (NYSE-A:OPTT) has announced the successful installation of its contracted PowerBuoy system for the Naval Postgraduate School (NPS). The system is now deployed in Monterey Bay and features OPT's latest PowerBuoy technology integrated with its proprietary Merrows suite.
Ocean Power Technologies installs PowerBuoy system for Naval Postgraduate School
Neutral
GlobeNewsWire
2 days ago
Ocean Power Technologies Installs AI Capable Merrows™ PowerBuoy® for Naval Postgraduate School
MONROE TOWNSHIP, N.J., July 09, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced the successful installation of its previously contracted PowerBuoy® system for the Naval Postgraduate School (NPS).
Ocean Power Technologies Installs AI Capable Merrows™ PowerBuoy® for Naval Postgraduate School
Positive
Proactive Investors
1 week ago
Ocean Power Technologies secures new patent for offshore charging system - ICYMI
Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Philipp Stratmann talked with Proactive about the company's newly awarded patent for integrated offshore charging systems. Stratmann explained how the technology will allow autonomous surface and underwater vehicles to recharge and transfer data at sea, significantly improving mission endurance and operational flexibility.
Ocean Power Technologies secures new patent for offshore charging system - ICYMI
Positive
Proactive Investors
2 weeks ago
Ocean Power Technologies secures US patent allowance for floating marine charging system
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that the United States Patent and Trademark Office has issued a Notice of Allowance for the company's US patent application covering a system designed for autonomous, floating marine vehicle charging, titled “System and Method for Vehicle Charging.” The technology enables electric vessels, including uncrewed surface vehicles, to locate, dock with, and recharge from a floating platform while at sea.
Ocean Power Technologies secures US patent allowance for floating marine charging system
Neutral
GlobeNewsWire
2 weeks ago
Ocean Power Technologies Awarded Patent for System and Method for Vehicle Charging
Ocean Power Technologies secures patent for offshore electric charging, enabling WAM-V®s to recharge at sea and support persistent autonomous operations.
Ocean Power Technologies Awarded Patent for System and Method for Vehicle Charging
Positive
Proactive Investors
1 month ago
Ocean Power Technologies names retired Navy captain Jason Weed as senior VP of commercial sales
Ocean Power Technologies Inc (NYSE-A:OPTT) said on Wednesday it has appointed retired US Navy Captain Jason Weed as its new senior vice president of commercial sales. Weed, who brings over 15 years of executive-level experience in maritime and technology organizations, most recently served as a senior business developer at Leidos' Maritime Systems Division.
Ocean Power Technologies names retired Navy captain Jason Weed as senior VP of commercial sales
Neutral
GlobeNewsWire
1 month ago
Ocean Power Technologies Announces Hiring of Jason Weed as Senior Vice President – Commercial Sales
MONROE TOWNSHIP, N.J., June 04, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative, cost-effective, low-carbon and artificial intelligence maritime services that enable safer and more productive ocean operations and related power, data, and service solutions, today announced the hiring of Jason Weed as Senior Vice President – Commercial Sales.
Ocean Power Technologies Announces Hiring of Jason Weed as Senior Vice President – Commercial Sales
Neutral
Zacks Investment Research
1 month ago
Zacks Initiates Coverage of Ocean Power With Neutral Recommendation
Discover why Zacks, being the first on Wall Street to initiate the stock coverage, rates OPTT as "Neutral." Explore how its AI-driven maritime tech shows promise, but execution and financial risks linger.
Zacks Initiates Coverage of Ocean Power With Neutral Recommendation
Positive
Proactive Investors
1 month ago
Ocean Power Technologies recognized as AUVSI trusted operator
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has been named one of the initial certified operators under the Association for Uncrewed Vehicle Systems International (AUVSI) Trusted Uncrewed Maritime Systems (UMS) Operator Program. The certification program, developed by AUVSI in partnership with industry stakeholders, sets a standardized benchmark for training, proficiency, and safety in the operation of uncrewed maritime systems.
Ocean Power Technologies recognized as AUVSI trusted operator
Neutral
GlobeNewsWire
1 month ago
Ocean Power Technologies Earns “Trusted Operator” Status in New AUVSI Maritime Certification Program
Certification Underscores OPT's Commitment to Operational Excellence and Real-World Autonomous Maritime Solutions Certification Underscores OPT's Commitment to Operational Excellence and Real-World Autonomous Maritime Solutions
Ocean Power Technologies Earns “Trusted Operator” Status in New AUVSI Maritime Certification Program
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