OPTT icon

Ocean Power Technologies

0.5135 USD
+0.0034
0.67%
Updated Aug 26, 1:39 PM EDT
1 day
0.67%
5 days
4.80%
1 month
-10.99%
3 months
-4.04%
6 months
-20.07%
Year to date
-49.16%
1 year
156.11%
5 years
-57.21%
10 years
-99.44%
 

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: 53

0
Funds holding %
of 7,431 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

433% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 3

150% more call options, than puts

Call options by funds: $330K | Put options by funds: $132K

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

14% more capital invested

Capital invested by funds: $6.46M [Q1] → $7.37M (+$912K) [Q2]

0.8% more ownership

Funds ownership: 8.24% [Q1] → 9.04% (+0.8%) [Q2]

0% more funds holding

Funds holding: 45 [Q1] → 45 (+0) [Q2]

Research analyst outlook

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

Financial journalist opinion

Based on 9 articles about OPTT published over the past 30 days

Positive
Proactive Investors
4 hours ago
Ocean Power Technologies expands UAE partnership with Unique Group through new services agreement
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has signed a Master Services Agreement (MSA) with Unique Group, expanding its existing partnership in the United Arab Emirates (UAE).  The agreement formalizes the companies' collaboration first announced in July 2024, and designates Unique Group as OPT's execution partner for all non-defense WAM-V unmanned surface vehicle (USV) projects in the UAE.
Ocean Power Technologies expands UAE partnership with Unique Group through new services agreement
Neutral
GlobeNewsWire
5 hours ago
Ocean Power Technologies Accelerates UAE Growth Strategy Through Expanded Partnership with Unique Group
MONROE TOWNSHIP, N.J., Aug. 26, 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 uncrewed surface vehicle (USV) solutions, today announced that it has entered into a Master Services Agreement (“MSA”) with its established partner, Unique Group, a UAE-headquartered global leader in subsea technologies and offshore engineering.
Ocean Power Technologies Accelerates UAE Growth Strategy Through Expanded Partnership with Unique Group
Positive
Proactive Investors
1 week ago
Ocean Power Technologies upgrades Merrows Maritime Domain Awareness Solution
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has introduced an upgraded version of its Merrows Maritime Domain Awareness Solution (MDAS), enhancing the system's role as an intelligence, surveillance, and reconnaissance (ISR) node. The company said the update improves the system's performance, stability, and security, while enabling autonomous collaboration across surface, subsurface, and aerial platforms.
Ocean Power Technologies upgrades Merrows Maritime Domain Awareness Solution
Neutral
GlobeNewsWire
1 week ago
Ocean Power Technologies Unveils Enhanced Merrows™ Maritime Domain Awareness Solution
MONROE TOWNSHIP, N.J., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in intelligent maritime solutions, today announced a major upgrade to its AI-capable Merrows™ Maritime Domain Awareness Solution (MDAS). The updated system expands its role as an ISR node—enabling enhanced maritime domain awareness and autonomous collaboration across surface, subsurface, and aerial platforms.
Ocean Power Technologies Unveils Enhanced Merrows™ Maritime Domain Awareness Solution
Positive
Proactive Investors
1 week ago
Ocean Power Technologies opens office at AUVSI headquarters in Washington, DC
Ocean Power Technologies Inc (NYSE-A:OPTT) announced it has opened a new office at the Association for Uncrewed Vehicle Systems International (AUVSI) headquarters in Washington, DC, expanding its US presence and strengthening ties with the uncrewed systems industry. The company said the office underscores its commitment to advancing uncrewed systems operations and national policy engagement.
Ocean Power Technologies opens office at AUVSI headquarters in Washington, DC
Neutral
GlobeNewsWire
1 week ago
Ocean Power Technologies Expands U.S. Presence with New Washington, D.C. Office at AUVSI Headquarters
Move Strengthens Strategic Ties with the Association for Uncrewed Vehicle Systems International and Advances Trusted Operator Initiatives Move Strengthens Strategic Ties with the Association for Uncrewed Vehicle Systems International and Advances Trusted Operator Initiatives
Ocean Power Technologies Expands U.S. Presence with New Washington, D.C. Office at AUVSI Headquarters
Positive
Proactive Investors
1 week ago
Ocean Power Technologies CEO urges New Jersey to back marine energy sector
Ocean Power Technologies Inc (NYSE-A:OPTT) has called on New Jersey lawmakers to strengthen support for the state's emerging marine energy industry, citing its potential to create jobs, bolster climate resilience and enhance national security. Speaking at a joint hearing of the New Jersey Assembly Environment, Natural Resources, and Solid Waste Committee and the Senate Environment and Energy Committee, OPT CEO Philipp Stratmann said the state's coastline, workforce and industrial base position it to lead the US in tidal and wave energy.
Ocean Power Technologies CEO urges New Jersey to back marine energy sector
Neutral
GlobeNewsWire
1 week ago
Ocean Power Technologies Highlights Marine Energy Leadership in Testimony Before New Jersey Legislature
From Innovation to Policy: OPT Leverages Proven Marine Energy Track Record to Help Shape the Future From Innovation to Policy: OPT Leverages Proven Marine Energy Track Record to Help Shape the Future
Ocean Power Technologies Highlights Marine Energy Leadership in Testimony Before New Jersey Legislature
Positive
Zacks Investment Research
4 weeks ago
Ocean Power FY25 Loss Narrows Y/Y, Backlog Hits Record High
OPTT posts record backlog and trims losses in fiscal 2025, signaling momentum despite revenue shortfall and macroeconomic headwinds.
Ocean Power FY25 Loss Narrows Y/Y, Backlog Hits Record High
Neutral
The Motley Fool
1 month ago
Ocean Power Q4 Revenue Up 6 Percent
Ocean Power Technologies (OPTT -14.83%), a provider of renewable energy and autonomous maritime systems, reported earnings for fiscal 2025 on July 24, 2025. The company delivered GAAP revenue of $5.9 million, an increase of 6% over the prior year.
Ocean Power Q4 Revenue Up 6 Percent
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