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StockVS

NYSE American · Specialty Industrial Machinery · USD

Ocean Power Technologies, Inc. (OPTT) Stock Analysis

Ocean Power Technologies, Inc. (OPTT) is a Specialty Industrial Machinery stock listed on NYSE American and quoted in US Dollar.

Last Updated: October 21, 2026

OPTT

$0.61

+$0.06 (+10.45%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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OPTT Key Statistics

As of Oct 21, 2026
Trading
Open
$0.57
Previous Close
$0.55
Day's Range
0.55–0.61
52-Week Range
0.54–21.60
Volume
277.98K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.78
Valuation
Market Cap
$5.47M
P/E Ratio
unprofitable
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.28
EPS (ttm)Profit attributable to each share over the last twelve months.
−7.58
Financials (FY)
Revenue (FY)
$5.86M+6.08%
Net Income (FY)
−$21.51M
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
9.00M
1-Year Return
+16.83%
Dividend and dates
Earnings Date
December 14, 2026estimated
Avg Volume
443.98K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, OPTT closed at $0.61, +16.83% over 1 year.

Ocean Power Technologies, Inc. (OPTT) has a market capitalization of $5.47M.

In fiscal 2024, OPTT reported revenue of $5.86M.

OPTT Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+102.50%
2025−70.59%
2024+218.75%
2023−28.89%
2022−69.59%
2021−44.98%
2020+209.20%
2019−87.21%
2018−69.09%
2017−62.71%
2016 (partial year)−66.63%

As of October 21, 2026.

OPTT Revenue and Earnings by Fiscal Year

FY ends April
Fiscal yearRevenueNet incomeNet margin
2024$5.86M−$21.51M−367.0%
2023$5.53M−$27.48M−497.4%
2022$2.73M−$26.33M−963.6%
2021$1.76M−$18.87M−1,073.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2024$5.86M$1.66M−$21.69M−$21.51M−367.0%
2023$5.53M$2.83M−$29.40M−$27.48M−497.4%
2022$2.73M$236.00K−$28.10M−$26.33M−963.6%
2021$1.76M−$101.00K−$21.61M−$18.87M−1,073.0%

Annual figures as reported, in the company's reporting currency. As of April 30, 2025.

OPTT Valuation vs Specialty Industrial Machinery Median

Median of 84 stocks
MetricOPTTSpecialty Industrial Machinery medianvs median
P/S ratio1.282.7553% below

Medians across 84 Specialty Industrial Machinery stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Ocean Power Technologies, Inc. (OPTT) carries a market capitalisation of $5.47M. It is classified in the Specialty Industrial Machinery industry, within the Industrials sector. Headcount on file is 65.

Over the past 52 weeks the price has ranged from $0.54 to $21.60. OPTT last closed at $0.61 on October 21, 2026. That is +$0.06 (+10.45%) against the previous close. The latest close sits 12.5% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2024, shows revenue of $5.86M. That is +6.08% against the prior fiscal year, when revenue was $5.53M. The same year closed with a net loss of $21.51M. Earnings per share on a trailing basis come to −7.58.

Across the 4 fiscal years on file, revenue moves from $1.76M in 2021 to $5.86M in 2024. Of those 4 years, 0 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. Measured against sales, the shares trade at 1.28 times revenue. On price-to-sales that is 53.29% below the Specialty Industrial Machinery median of 2.75. 84 Specialty Industrial Machinery companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 2.78. Annualized volatility over the trailing 10 years is 2,012.72%. Over the trailing twelve months the total return is +16.83%. Across 10 years the annualized return works out at −37.27%.

Growth & Income

No dividend is on file for OPTT.

2026 is still running; the total return is +102.50% year to date. The strongest complete calendar year on file is 2024 at +218.75%; the weakest is 2019 at −87.21%. Of the 9 complete calendar years on file, 2 finished higher.

Peer Comparison

Ocean Power Technologies, Inc. (OPTT) operates in the Specialty Industrial Machinery industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Ocean Power Technologies, Inc. OPTT $5.47M —
GE Vernova Inc. GEV $246.60B 26.6
Eaton Corporation plc ETN $153.01B 40.1
Parker-Hannifin Corporation PH $120.84B 33.7

The Specialty Industrial Machinery industry average P/E ratio is 30.3x. Ocean Power Technologies, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Ocean Power Technologies, Inc.

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. The company offers maritime solutions, including Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). It 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.

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