O

    Ocean Power Technologies Inc (OPTT)

    Official site

    INDUSTRIALS • SPECIALTY INDUSTRIAL MACHINERY • AMEX

    $0.17
    +0.00 (+1.81%)

    Market Cap: $46.19M

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    25%(1/4)
    Avg Surprise
    -52.97%

    Upcoming Estimates

    Jul 31, 2026
    EPS Consensus$-0.03
    Range$-0.03 - $-0.03
    2 analysts
    EPS RevisionsNo revisions (7d)No revisions (30d)
    EPS Estimate Drift
    90d ago$-0.03+0.0%
    60d ago$-0.03+0.0%
    30d ago$-0.03+0.0%
    7d ago$-0.03+0.0%
    Current$-0.03
    Revenue Consensus
    $2M
    Range$1M - $2M
    2 analysts
    Oct 31, 2026
    EPS Consensus$-0.03
    Range$-0.03 - $-0.03
    2 analysts
    EPS RevisionsNo revisions (7d)No revisions (30d)
    EPS Estimate Drift
    90d ago$-0.03+0.0%
    60d ago$-0.03+0.0%
    30d ago$-0.03+0.0%
    7d ago$-0.03+0.0%
    Current$-0.03
    Revenue Consensus
    $3M
    Range$3M - $3M
    2 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Oct 26EST
    		-$-0.03---
    Jul 26EST
    		-$-0.03---
    Apr 26
    		$-0.06$-0.04-50.00%Miss-50.0%
    Jan 26
    		$-0.06$-0.04-50.00%Miss-31.9%
    Oct 25
    		$-0.06$-0.02-200.00%Miss-66.2%
    Jul 25
    		$-0.04N/AN/ABeat+21.4%
    Apr 25
    		$-0.04N/AN/ABeat+64.4%
    Jan 25
    		$-0.05N/AN/ABeat+58.9%
    Oct 24
    		$-0.04N/AN/ABeat+70.6%
    Jul 24
    		$-0.05N/AN/ABeat+54.7%
    Apr 24
    		$-0.11N/AN/ABeat+33.9%
    Jan 24
    		$-0.11N/AN/ABeat-1.7%
    Oct 23
    		$-0.12N/AN/ABeat-36.3%
    Jul 23
    		$-0.12N/AN/ABeat-19.9%
    Apr 23
    		$-0.17N/AN/ABeat-88.9%
    Jan 23
    		$-0.11N/AN/ABeat-8.8%
    Oct 22
    		$-0.09N/AN/ABeat+35.7%
    Jul 22
    		$-0.10N/AN/ABeat+28.6%
    Apr 22
    		$-0.09N/AN/ABeat+35.7%
    Jan 22
    		$-0.10N/AN/ABeat-11.1%
    Oct 21
    		$-0.14N/AN/ABeat+0.0%
    Jul 21
    		$-0.14N/AN/ABeat+0.0%
    Apr 21
    		$-0.14N/AN/ABeat+0.0%
    Jan 21
    		$-0.09N/AN/ABeat+35.7%
    Oct 20
    		$-0.14N/AN/ABeat+0.0%
    Jul 20
    		$-0.14N/AN/ABeat+0.0%
    Apr 20
    		$-0.14N/AN/ABeat+86.7%
    Jan 20
    		$-0.14N/AN/ABeat+0.0%
    Oct 19
    		$-0.14$0.00N/ABeat+33.3%
    Jul 19
    		$-0.14$0.00N/ABeat+96.1%
    Apr 19
    		$-1.05$0.00N/ABeat-483.3%
    Jan 19
    		$-0.14N/AN/ABeat-55.6%
    Oct 18
    		$-0.21N/AN/ABeat-5.0%
    Jul 18
    		$-3.60N/AN/ABeat-1536.4%
    Apr 18
    		$-0.18N/AN/ABeat-20.0%
    Jan 18
    		$-0.09N/AN/ABeat+75.7%
    Oct 17
    		$-0.20N/AN/ABeat+96.0%
    Jul 17
    		$-0.22N/A+88.11%Beat-
    Apr 17
    		$-0.15N/AN/ABeat-
    Jan 17
    		$-0.37N/AN/ABeat-
    Oct 16
    		$-5.00N/AN/ABeat-

    Key Metrics

    Valuation
    P/E Ratio-0.78EV/EBITDA-0.25x
    Price/FCF-1.37xFCF Yield-72.81%
    Profitability
    Profit Margin0.00%Operating Margin-744.00%
    ROE-250.00%ROIC-141.92%
    Financial Health
    Debt/Equity0.31xInterest Coverage-24.55x
    Current Ratio1.07xQuick Ratio0.81x
    Trading Statistics
    Beta2.61Avg Volume4.24M
    52-Week High$0.7252-Week Low$0.13

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$0.18
    SMA 20$0.19
    SMA 50$0.21
    SMA 200$0.34
    EMA 10$0.18
    EMA 20$0.19
    EMA 50$0.21
    EMA 200$0.33

    MACD

    Line: -0.01Signal: -0.01Hist: N/A

    ADX

    ADX: 23.3+DI: 13.4-DI: 26.9

    Aroon & PSAR

    Aroon Up60.0
    Aroon Down4.0
    PSAR$0.20

    Bollinger Bands

    Upper Band$0.21
    Lower Band$0.17
    %B Position2225%(Upper)
    Band Width0.18

    RSI (14-Day)

    Neutral
    40.2

    Momentum Oscillators

    Stoch %K19.6
    Stoch %D22.9
    Williams %R-77.9
    ROC (10d)-10.0%
    Momentum-0.02
    CCI (20d)-140.3
    MFI (14d)36.6

    Volatility Measures

    ATR (14d)$0.02(9.1%)
    StdDev (20d)0.01
    Hist Vol58.5%(High)

    Volume Flow

    VWAP$0.17
    OBV209.7M
    AD Line-426.6M
    CMF (20d)0.008

    Volume Metrics

    Avg Vol (20d)4.2M
    Vol Ratio0.6x
    VWMA (20d)$0.19

    Pivot Points

    R3$0.19
    R2$0.19
    R1$0.18
    Pivot Point$0.17
    S1$0.16
    S2$0.16
    S3$0.15

    Advanced Oscillators

    TSI-14.35
    Ultimate Osc52.7
    KST-34.44

    Financial Data

    QuarterJan 2026Oct 2025Jul 2025Apr 2025Jan 2025Oct 2024Jul 2024Apr 2024Jan 2024Oct 2023Jul 2023Apr 2023
    Total Revenue$513,000$424,000$1.18M$1.32M$825,000$2.42M$1.30M$1.57M$1.79M$889,000$1.27M$981,000
    Cost of Revenue$1.27M$1.80M$1.21M$1.10M$628,000$1.62M$854,000$710,000$979,000$401,000$609,000$1.11M
    Gross Profit$-755,000$-1,380,000$-23,000$221,000$197,000$795,000$447,000$862,000$813,000$488,000$663,000$-133,000
    Operating Expenses$8.36M$8.74M$7.05M$7.64M$6.07M$4.71M$4.92M$7.84M$8.52M$7.97M$8.04M$9.75M
    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$0
    Operating Income$-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$-7,484,000$-7,378,000$-9,886,000
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$726,000$564,000$310,000$-35,000$832,000$-3,000$-3,000$-40,000$-151,000$-270,000$-339,000$-298,000
    Income Before Tax$-11,366,000$-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$-7,039,000$-9,540,000
    Income Tax Expense$0$0$0$-1,034,000$0$0$0$0$-1,254,000$0$0$0
    Net Income$-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$-7,213,000$-7,039,000$-9,540,000
    EBITDA$-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$-7,582,000$-7,238,000$-9,755,000
    EBIT$-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$-7,483,000$-7,378,000$-9,886,000
    * 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
    1
    New Awards (TTM)
    1
    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 IDAgencyObligatedStart
    N0024425PS135Department of DefenseDepartment of the Navy$149816Sep 4, 2025

    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

    Ocean Power Technologies, Inc. Receives Notice from NYSE American Regarding Late Filing of Annual Report on Form 10-K

    Ocean Power Technologies, Inc. (OPT) announced it received a notice from NYSE American for non-compliance due to the late filing of its Annual Report on Form 10-K for the year ended April 30, 2026. The company cured the delinquency by filing the Form 10-K on August 19, 2026, well within the initial six-month cure period set by the NYSE American. This action brought OPT back into compliance with the Exchange's listing standards.

    Yahoo Finance•8/20/26•
    Somewhat-Bullish

    Ocean Power (NYSE: OPTT) files late 10-K, sidesteps potential NYSE delisting

    Ocean Power Technologies (OPTT) received a non-compliance notice from NYSE American on August 14, 2026, for failing to file its annual Form 10-K by the August 13, 2026 deadline. The company subsequently filed the Form 10-K on August 19, 2026, curing the delinquency and regaining compliance with NYSE listing standards. This action prevents a potential delisting process and removes the late filer indicator from its stock.

    Stock Titan•8/20/26•
    Somewhat-Bullish

    Ocean Power Technologies Disclosed Failure to Satisfy a Continued Listing Rule or Standard

    Ocean Power Technologies (OPTT) received a notice from NYSE Regulation on August 14, 2026, for failing to timely file its Form 10-K by the August 13, 2026 deadline. The company subsequently filed the Form 10-K on August 19, 2026, resolving the deficiency and curing the listing issue before the February 13, 2027 deadline. This action removed the late filer indicator and brought them back into compliance with NYSE American Section 1007.

    TradingView•8/20/26•
    Neutral

    Ocean Power Technologies (NYSE American: OPTT) director lists 87,209 common shares

    Ocean Power Technologies director Joseph A. DiGuardo has filed an initial Form 3, disclosing direct ownership of 87,209 common shares as of July 21, 2026. This filing serves as an initial statement of beneficial ownership, with no reported purchase or sale transactions, providing transparency into his equity position as an insider. The document details his direct holdings and clarifies that he is not classified as a 10% owner.

    Stock Titan•8/5/26•
    Neutral

    Ocean Power Technologies (OPTT) seeks 15-day extension for 2026 Form 10-K

    Ocean Power Technologies, Inc. (OPTT) has filed an NT 10-K notification, indicating it will delay the submission of its Annual Report on Form 10-K for the period ending April 30, 2026. The company requires an additional 15 days to finalize financial statement preparation and auditing, citing unreasonable effort or expense to meet the original deadline. OPTT expects to file within the permitted extension period but acknowledges risks associated with the timing and completion.

    Stock Titan•7/29/26•
    Bearish

    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 $46.19M with a current stock price of $0.17.

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