Ocean Power Technologies Inc (OPTT)

Official site

INDUSTRIALS • SPECIALTY INDUSTRIAL MACHINERY • AMEX

$0.68

+0.02 (+2.91%)

Market Cap: $5.92M

Last updated: Oct 16, 2026 at 1:55 PM ET

Earnings

Performance (10Y)

Beat Rate

20%(1/5)

Avg Surprise

-1315.71%

Upcoming Estimates

Period ending Oct 31, 2026

EPS Consensus$-0.90

Range$-0.90 - $-0.90

2 analysts

EPS RevisionsNo revisions (7d)No revisions (30d)

EPS Estimate DriftChange to current

90d ago$-0.900.0%

60d ago$-0.900.0%

30d ago$-0.900.0%

7d ago$-0.900.0%

Current$-0.90

Revenue Consensus

$3M

Range$3M - $3M

2 analysts

Period ending Jan 31, 2027

EPS Consensus$-0.90

Range$-0.90 - $-0.90

2 analysts

EPS RevisionsNo revisions (7d)No revisions (30d)

EPS Estimate DriftChange to current

90d ago$-0.900.0%

60d ago$-0.900.0%

30d ago$-0.900.0%

7d ago$-0.900.0%

Current$-0.90

Revenue Consensus

$4M

Range$3M - $4M

2 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Apr 30, 2027Apr 27EST	-	$-1.62	$-1.77 - $-1.47	-	-	2	-	-
Jan 31, 2027Jan 27EST	-	$-0.90	$-0.90 - $-0.90	-	-	2	No revisions (30d)	-
Oct 31, 2026Oct 26EST	-	$-0.90	$-0.90 - $-0.90	-	-	2	No revisions (30d)	-
Jul 31, 2026Jul 26 Reported Sep 14, 2026Reported Sep 14	$-1.88	$0.03	$0.03 - $0.03	-6366.67%	Miss	2	No revisions (30d)	-4302.8%
Apr 30, 2026Apr 26 Reported Jul 23, 2026Reported Jul 23	$-0.06	$-0.04	$-0.20 - $-0.03	-50.00%	Miss	2	0 1 30d	-50.0%
Jan 31, 2026Jan 26 Reported Mar 17, 2026Reported Mar 17	$-0.06	$-0.04	$-0.04 - $-0.04	-50.00%	Miss	1	No revisions (30d)	-31.9%
Oct 31, 2025Oct 25 Reported Dec 15, 2025Reported Dec 15	$-0.06	$-0.02	$-0.02 - $-0.02	-200.00%	Miss	1	No revisions (30d)	-66.2%
Jul 31, 2025Jul 25 Reported Sep 15, 2025Reported Sep 15	$-0.04	N/A	-	N/A	Beat	-	-	+21.4%
Apr 30, 2025Apr 25 Reported Jul 24, 2025Reported Jul 24	$-0.04	N/A	-	N/A	Beat	-	-	+64.4%
Jan 31, 2025Jan 25 Reported Mar 17, 2025Reported Mar 17	$-0.05	N/A	-	N/A	Beat	-	-	+58.9%
Oct 31, 2024Oct 24 Reported Dec 16, 2024Reported Dec 16	$-0.04	N/A	-	N/A	Beat	-	-	+70.6%
Jul 31, 2024Jul 24 Reported Sep 16, 2024Reported Sep 16	$-0.05	N/A	-	N/A	Beat	-	-	+54.7%
Apr 30, 2024Apr 24 Reported Jul 25, 2024Reported Jul 25	$-0.11	N/A	-	N/A	Beat	-	-	+33.9%
Jan 31, 2024Jan 24 Reported Mar 13, 2024Reported Mar 13	$-0.11	N/A	-	N/A	Beat	-	-	-1.7%
Oct 31, 2023Oct 23 Reported Dec 13, 2023Reported Dec 13	$-0.12	N/A	-	N/A	Beat	-	-	-36.3%
Jul 31, 2023Jul 23 Reported Sep 13, 2023Reported Sep 13	$-0.12	N/A	-	N/A	Beat	-	-	-19.9%
Apr 30, 2023Apr 23 Reported Jul 12, 2023Reported Jul 12	$-0.17	N/A	-	N/A	Beat	-	-	-88.9%
Jan 31, 2023Jan 23 Reported Mar 13, 2023Reported Mar 13	$-0.11	N/A	-	N/A	Beat	-	-	-8.8%
Oct 31, 2022Oct 22 Reported Dec 14, 2022Reported Dec 14	$-0.09	N/A	-	N/A	Beat	-	-	+35.7%
Jul 31, 2022Jul 22 Reported Sep 12, 2022Reported Sep 12	$-0.10	N/A	-	N/A	Beat	-	-	+28.6%
Apr 30, 2022Apr 22 Reported Jul 13, 2022Reported Jul 13	$-0.09	N/A	-	N/A	Beat	-	-	+35.7%
Jan 31, 2022Jan 22 Reported Mar 14, 2022Reported Mar 14	$-0.10	N/A	-	N/A	Beat	-	-	-11.1%
Oct 31, 2021Oct 21 Reported Dec 14, 2021Reported Dec 14	$-0.14	N/A	-	N/A	Beat	-	-	+0.0%
Jul 31, 2021Jul 21 Reported Sep 13, 2021Reported Sep 13	$-0.14	N/A	-	N/A	Beat	-	-	+0.0%
Apr 30, 2021Apr 21 Reported Jul 19, 2021Reported Jul 19	$-0.14	N/A	-	N/A	Beat	-	-	+0.0%
Jan 31, 2021Jan 21 Reported Mar 5, 2021Reported Mar 5	$-0.09	N/A	-	N/A	Beat	-	-	+35.7%
Oct 31, 2020Oct 20 Reported Dec 7, 2020Reported Dec 7	$-0.14	N/A	-	N/A	Beat	-	-	+0.0%
Jul 31, 2020Jul 20 Reported Sep 14, 2020Reported Sep 14	$-0.14	N/A	-	N/A	Beat	-	-	+0.0%
Apr 30, 2020Apr 20 Reported Jun 29, 2020Reported Jun 29	$-0.14	N/A	-	N/A	Beat	0	No revisions (30d)	+86.7%
Jan 31, 2020Jan 20 Reported Mar 9, 2020Reported Mar 9	$-0.14	N/A	-	N/A	Beat	-	-	+0.0%
Oct 31, 2019Oct 19 Reported Dec 9, 2019Reported Dec 9	$-0.14	$0.00	$0.00 - $0.00	N/A	Beat	0	No revisions (30d)	+33.3%
Jul 31, 2019Jul 19 Reported Sep 16, 2019Reported Sep 16	$-0.14	$0.00	$0.00 - $0.00	N/A	Beat	0	No revisions (30d)	+96.1%
Apr 30, 2019Apr 19 Reported Jul 22, 2019Reported Jul 22	$-1.05	$0.00	$0.00 - $0.00	N/A	Beat	0	No revisions (30d)	-483.3%
Jan 31, 2019Jan 19 Reported Mar 11, 2019Reported Mar 11	$-0.14	N/A	-	N/A	Beat	-	-	-55.6%
Oct 31, 2018Oct 18 Reported Dec 10, 2018Reported Dec 10	$-0.21	N/A	-	N/A	Beat	-	-	-5.0%
Jul 31, 2018Jul 18 Reported Sep 12, 2018Reported Sep 12	$-3.60	N/A	-	N/A	Beat	-	-	-1536.4%
Apr 30, 2018Apr 18 Reported Jul 17, 2018Reported Jul 17	$-0.18	N/A	-	N/A	Beat	-	-	-20.0%
Jan 31, 2018Jan 18 Reported Mar 6, 2018Reported Mar 6	$-0.09	N/A	-	N/A	Beat	-	-	+75.7%
Oct 31, 2017Oct 17 Reported Dec 12, 2017Reported Dec 12	$-0.20	N/A	-	N/A	Beat	-	-	+96.0%
Jul 31, 2017Jul 17 Reported Sep 7, 2017Reported Sep 7	$-0.22	N/A	-	+88.11%	Beat	-	-	-
Apr 30, 2017Apr 17 Reported Jul 14, 2017Reported Jul 14	$-0.15	N/A	-	N/A	Beat	0	No revisions (30d)	-
Jan 31, 2017Jan 17 Reported Mar 7, 2017Reported Mar 7	$-0.37	N/A	-	N/A	Beat	-	-	-
Oct 31, 2016Oct 16 Reported Dec 9, 2016Reported Dec 9	$-5.00	N/A	-	N/A	Beat	-	-	-

Key Metrics

Valuation
P/E Ratio	-0.33	EV/EBITDA	N/A
Price/FCF	N/A	FCF Yield	N/A
Profitability
Profit Margin	0.00%	Operating Margin	-840.00%
ROE	-319.00%	ROIC	-229.67%
Financial Health
Debt/Equity	0.95x	Interest Coverage	-11.91x
Current Ratio	0.52x	Quick Ratio	0.37x
Trading Statistics
Beta	2.78	Avg Volume	776.24K
52-Week High	$21.60	52-Week Low	$0.62

Technical Indicators Dashboard

Moving Averages

SMA 10$0.85

SMA 20$1.34

SMA 50$3.52

SMA 200$8.81

EMA 10$0.92

EMA 20$1.47

EMA 50$3.09

EMA 200$7.68

MACD

Line: -0.81Signal: -0.89Hist: 0.08

ADX

ADX: 20.4+DI: 5.7-DI: 6.5

Aroon & PSAR

Aroon Up8.0

Aroon Down4.0

PSAR$2.38

Bollinger Bands

Upper Band$2.52

Lower Band$0.15

%B Position17783%(Upper)

Band Width0.22

RSI (14-Day)

Oversold

20.3

Momentum Oscillators

Stoch %K4.1

Stoch %D4.1

Williams %R-95.9

ROC (10d)-33.7%

Momentum-0.34

CCI (20d)-90.3

MFI (14d)27.9

Volatility Measures

ATR (14d)$1.06(157.0%)

StdDev (20d)0.59

Hist Vol153.4%(High)

Volume Flow

VWAP$0.66

OBV152.7M

AD Line1509.4B

CMF (20d)-0.421

Volume Metrics

Avg Vol (20d)796.3K

Vol Ratio0.4x(Low)

VWMA (20d)$1.13

Pivot Points

R3$0.76

R2$0.73

R1$0.70

Pivot Point$0.67

S1$0.63

S2$0.61

S3$0.57

Advanced Oscillators

TSI-57.85

Ultimate Osc30.8

KST-723.83

Financial Data

Quarter	Jul 2026	Apr 2026	Jan 2026	Oct 2025	Jul 2025	Apr 2025	Jan 2025	Oct 2024	Jul 2024	Apr 2024	Jan 2024	Oct 2023
Total Revenue	$1.70M	$1.62M	$513,000	$424,000	$1.18M	$1.32M	$825,000	$2.42M	$1.30M	$1.57M	$1.79M	$889,000
Cost of Revenue	$4.53M	$5.38M	$1.27M	$1.80M	$1.21M	$1.10M	$628,000	$1.62M	$854,000	$710,000	$979,000	$401,000
Gross Profit	$-2,831,000	$-3,763,000	$-755,000	$-1,380,000	$-23,000	$221,000	$197,000	$795,000	$447,000	$862,000	$813,000	$488,000

Operating Expenses	$12.25M	$8.28M	$8.36M	$8.74M	$7.05M	$7.64M	$6.07M	$4.71M	$4.92M	$7.84M	$8.52M	$7.97M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Operating Income	$-15,077,000	$-12,044,000	$-9,118,000	$-10,123,000	$-7,078,000	$-7,423,000	$-5,875,000	$-3,915,000	$-4,473,000	$-6,764,000	$-7,705,000	$-7,484,000

Interest Income	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Interest Expense	$373,000	$2.37M	$726,000	$564,000	$310,000	$-35,000	$832,000	$-3,000	$-3,000	$-40,000	$-151,000	$-270,000
Income Before Tax	$-10,537,000	$-19,336,000	$-11,366,000	$-10,825,000	$-7,388,000	$-7,459,000	$-6,720,000	$-3,913,000	$-4,453,000	$-6,722,000	$-7,763,000	$-7,213,000
Income Tax Expense	$0	$0	$0	$0	$0	$-1,034,000	$0	$0	$0	$0	$-1,254,000	$0

Net Income	$-10,537,000	$-19,336,000	$-11,366,000	$-10,825,000	$-7,388,000	$-6,425,000	$-6,720,000	$-3,913,000	$-4,453,000	$-6,722,000	$-6,509,000	$-7,213,000

EBITDA	$-9,572,000	$-15,806,000	$-10,112,000	$-9,842,000	$-6,619,000	$-10,035,000	$-5,486,000	$-3,420,000	$-4,012,000	$-5,804,000	$-7,832,000	$-7,582,000
EBIT	$-10,164,000	$-16,965,000	$-10,640,000	$-10,261,000	$-7,078,000	$-10,449,000	$-5,888,000	$-3,916,000	$-4,456,000	$-6,552,000	$-7,914,000	$-7,483,000

* Some calculated fields are derived from available data when not provided by source

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Government Contracts

Gov Obligations (TTM)

$149816

Gov Obligations / Revenue

N/A

Obligations YoY

N/A

Active Awards

New Awards (TTM)

Avg Remaining Term

1.0 mo

Top agency: Department of Defense at 100.0% of trailing twelve month obligations across 1 agencies

Recent Awards

Award ID	Agency	Obligated	Start	End	Description
N0024425PS135	Department of DefenseDepartment of the Navy	$149816	Sep 4, 2025	Sep 3, 2026	LEASE OF COMMERCIAL SERVICE CONTRACT FOR LEASING A CURRENT OPT NEXT GEN POWER BUOY THAT WAS MODIFIED TO INCLUDE 5G AND STARLINK ALONG NPS REQUIRES AN UPGRADE TO THE SENSORS ON THIS BUOY OWNED BY OPT. 12-MONTHS PERIOD OF PERFORMANCE

Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

News

Form 424B5 Ocean Power Technologies Inc For: 14 October By Investing.com

This article from Investing.com reports on the filing of Form 424B5 by Ocean Power Technologies Inc for October 14. The piece briefly mentions the company and its stock symbol (OPTT)...

Investing.com Canada•Oct 14, 2026 3:36 AM ET10/14/26•Neutral

Form S-1/A Ocean Power Technologies Inc For: 25 September

This article announces the filing of Form S-1/A by Ocean Power Technologies Inc. on September 25. The brief piece indicates this as a significant corporate filing...

Investing.com Canada•Sep 26, 2026 11:52 AM ET9/26/26•Neutral

Form 8K Ocean Power Technologies Inc For: 25 September

This article announces that Ocean Power Technologies Inc. filed a Form 8K for September 25. The brief piece primarily serves as a news alert...

Investing.com India•Sep 25, 2026 10:50 PM ET9/25/26•Neutral

A $12 price to convert notes is gone at Ocean Power Technologies (OPTT). Its warrants changed too.

Ocean Power Technologies (OPTT) has significantly lowered the conversion price of its Series C-1 Convertible Notes to $2.45 from $12.00, exchanging them for new Series D Convertible Notes...

Stock Titan•Sep 25, 2026 4:50 PM ET9/25/26•Somewhat-Bullish

Ocean Power Technologies Begins U.S. Army Corps of Engineers Surf-Zone Demonstration

Ocean Power Technologies (OPT) is participating in a week-long demonstration hosted by the U.S. Army Corps of Engineers to evaluate uncrewed surface vehicle operations in challenging surf-zone conditions. OPT will...

www.marketscreener.com•Sep 9, 2026 7:53 AM ET9/9/26•Bullish

OPTT Valuation and Fair Value

P/E: -0.3x
PEG: 0.0x

See GNG's fair value

OPTT Profitability: Margins, ROIC and FCF

Gross margin: -205.0%
Operating margin: -840.0%
Net margin: 0.0%
ROIC: -229.7%
ROE: -319.0%
FCF margin: -659.7%

OPTT Competitors

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CCSC Technology International Holdings Limited Ordinary Shares	CCTG
ESS Tech Inc	GWH
DevvStream Corp. Common Stock	DEVS

Sector: Industrials

OPTT Bull Case vs Bear Case

Bull case

OPTT grew quarterly revenue 44.1% year over year.

Bear case

OPTT beat EPS estimates in 12.5% of its last 8 reported quarters.

OPTT Earnings: Beat Rate and Next Report

Beat rate: 1 of 8 quarters (12.5%)
Average surprise: -1315.7%
EPS estimate (fiscal period ending Oct 31, 2026): $-0.90
Estimate revisions (30 days, fiscal period ending Oct 31, 2026): 0 up, 0 down

Frequently Asked Questions About OPTT

Does OPTT pay dividends?

Ocean Power Technologies Inc (OPTT) does not currently pay a regular dividend.

What is OPTT's market cap?

Ocean Power Technologies Inc (OPTT) has a market capitalization of $5.92M with a current stock price of $0.68.

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Earnings

Performance (10Y)

Upcoming Estimates

Key Metrics

Technical Indicators Dashboard

Moving Averages

MACD

ADX

Aroon & PSAR

Bollinger Bands

RSI (14-Day)

Momentum Oscillators

Volatility Measures

Volume Flow

Volume Metrics

Pivot Points

Advanced Oscillators

Financial Data

Related GNG Research

Government Contracts

Recent Awards

News

Form 424B5 Ocean Power Technologies Inc For: 14 October By Investing.com

Form S-1/A Ocean Power Technologies Inc For: 25 September

Form 8K Ocean Power Technologies Inc For: 25 September

A $12 price to convert notes is gone at Ocean Power Technologies (OPTT). Its warrants changed too.

Ocean Power Technologies Begins U.S. Army Corps of Engineers Surf-Zone Demonstration

OPTT Valuation and Fair Value

OPTT Profitability: Margins, ROIC and FCF

OPTT Competitors

OPTT Bull Case vs Bear Case

Bull case

Bear case

OPTT Earnings: Beat Rate and Next Report

Frequently Asked Questions About OPTT

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