Ocean Power Technologies
OPTT
Market cap $101M

0.5190 USD

-0.0220

4.07%

At close Jun 13, 4:00 PM EDT

After hours

0.5300

+0.0110

2.12%

1 day

-4.07%

5 days

-6.76%

1 month

-5.64%

3 months

3.82%

6 months

53.23%

Year to date

-48.61%

1 year

249.73%

5 years

-0.19%

10 years

-99.47%

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

Utilities Electric Utilities

0

Funds holding %

of 7,296 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

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Research analyst outlook

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

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Financial journalist opinion

Based on 7 articles about OPTT published over the past 30 days

Proactive Investors

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

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

Zacks Investment Research

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

Proactive Investors

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

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

Proactive Investors

Ocean Power Technologies expands year-round testing to both US coasts

Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has completed its first sea trials of its WAV-V 22 autonomous surface vehicle for a customer with significant operations in Sub-Saharan Africa. The trials were conducted at Ocean Power Technologies' newly permitted test site in Southern New Jersey, following site visits and operational reviews by the US Coast Guard.

Ocean Power Technologies expands year-round testing to both US coasts

Ocean Power Technologies Completes First Sea Trial for WAM-V®s at US Coast Guard Approved Test Site in New Jersey

Completion of Sea Trial confirms ability to test 24/7/365 on East and West Coast Completion of Sea Trial confirms ability to test 24/7/365 on East and West Coast

Ocean Power Technologies Completes First Sea Trial for WAM-V®s at US Coast Guard Approved Test Site in New Jersey

Ocean Power Technologies to Participate in a Fireside Chat on Tuesday, May 6, 2025

MONROE TOWNSHIP, N.J., May 05, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that as part of the Company's ongoing commitment to connecting with the investor community, it will participate in a fireside chat on Tuesday May 6, 2025, at 11 a.m. ET.

Ocean Power Technologies to Participate in a Fireside Chat on Tuesday, May 6, 2025

Proactive Investors

Ocean Power Technologies wins contract to deliver unmanned vehicles to Allied Forces

Ocean Power Technologies Inc (NYSE-A:OPTT) said on Monday it has been awarded a contract to supply multiple unmanned surface vehicles to Allied Forces. The agreement, which includes the delivery of WAM-V vehicles, integrated sensors, and operational services under a contractor-owned, contractor-operated model, is scheduled for fulfillment in late spring 2025.

Ocean Power Technologies wins contract to deliver unmanned vehicles to Allied Forces

Ocean Power Technologies Awarded Contract to Provide Multiple Unmanned Surface Vehicles for International Defense Customer

MONROE TOWNSHIP, N.J., May 05, 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 it has been awarded a contract for multiple WAM-V®s for delivery to certain Allied Forces.

Ocean Power Technologies Awarded Contract to Provide Multiple Unmanned Surface Vehicles for International Defense Customer

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