OPTT icon

Ocean Power Technologies

0.5496 USD
-0.0244
4.25%
At close Updated Sep 15, 4:00 PM EDT
Pre-market
After hours
0.5096
-0.0400
7.28%
1 day
-4.25%
5 days
11.05%
1 month
12.25%
3 months
-1.03%
6 months
-10.28%
Year to date
-45.58%
1 year
119.84%
5 years
-34.57%
10 years
-99.41%
 

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 7,463 funds
Analysts bullish %

Fund manager confidence

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

300% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 4

190% more call options, than puts

Call options by funds: $579K | Put options by funds: $200K

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

15% more capital invested

Capital invested by funds: $6.46M [Q1] → $7.43M (+$970K) [Q2]

2% more funds holding

Funds holding: 45 [Q1] → 46 (+1) [Q2]

0.87% more ownership

Funds ownership: 8.24% [Q1] → 9.11% (+0.87%) [Q2]

Financial journalist opinion

Based on 14 articles about OPTT published over the past 30 days

Positive
Proactive Investors
5 hours ago
Ocean Power Technologies highlights record backlog, pipeline growth in fiscal Q1
Ocean Power Technologies Inc (NYSE-A:OPTT) reported fiscal first quarter 2026 results on Monday, highlighting strong operational momentum, including a significant increase in backlog and business development progress. As of July 31, 2025, OPT's backlog stood at $15 million, up 184% from $5.3 million a year earlier.
Ocean Power Technologies highlights record backlog, pipeline growth in fiscal Q1
Neutral
GlobeNewsWire
6 hours ago
Ocean Power Technologies, Inc. First Quarter Fiscal 2026 Results
Ocean Power Technologies Backlog Surges 184% Drives Accelerating Growth Outlook MONROE TOWNSHIP, N.J., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal first quarter (“1Q26”) Highlights include: 1Q26 RESULTS Backlog at July 31, 2025 was $15.0 million, a 184% increase over the 1Q25.
Ocean Power Technologies, Inc. First Quarter Fiscal 2026 Results
Positive
Proactive Investors
13 hours ago
Ocean Power Technologies partners with Gradient Marine to boost digital twin and simulation capabilities
Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) announced that it has entered into a strategic partnership with Gradient Marine, a US-based provider of advanced digital modeling, simulation, and hardware-in-the-loop environments.  OPT said through this collaboration, the company will integrate Gradient Marine's Virtual Maritime Picture (VMP) software to develop and deploy digital twins for OPT's flagship platforms, including the PowerBuoy and WAM-V autonomous surface vehicles.
Ocean Power Technologies partners with Gradient Marine to boost digital twin and simulation capabilities
Neutral
GlobeNewsWire
14 hours ago
Ocean Power Technologies Announces Strategic Partnership with Gradient Marine to Enhance Digital Twin and Simulation Capabilities
MONROE TOWNSHIP, N.J., Sept. 15, 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 entered into a strategic partnership with Gradient Marine (“GM”), a U.S.-based provider of advanced digital modeling, simulation, and hardware-in-the-loop environments.
Ocean Power Technologies Announces Strategic Partnership with Gradient Marine to Enhance Digital Twin and Simulation Capabilities
Neutral
GlobeNewsWire
13 days ago
Ocean Power Technologies to Release Fiscal 2026 First Quarter Earnings on September 15, 2025
MONROE TOWNSHIP, N.J., Sept. 02, 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 it will release earnings for its fiscal 2026 first quarter for the period ended July 31, 2025 after the market closes on Monday September 15, 2025.
Ocean Power Technologies to Release Fiscal 2026 First Quarter Earnings on September 15, 2025
Positive
Proactive Investors
13 days ago
Ocean Power Technologies ships WAM-Vs to UAE, further expands fleet in region
Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) announced it is shipping two WAM-V Unmanned Surface Vehicles (USV) to Remah International Group, a privately held company headquartered in the United Arab Emirates (UAE) with a focus on military services.  OPT said it is planning to expand its presence in the region with the establishment of a sales and operations office and related strategic hires.
Ocean Power Technologies ships WAM-Vs to UAE, further expands fleet in region
Neutral
GlobeNewsWire
13 days ago
Ocean Power Technologies Announces Shipment of WAM-Vs to the UAE
MONROE TOWNSHIP, N.J., Sept. 02, 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 is shipping two WAM-V® Unmanned Surface Vehicles (“USV”) to Remah International Group (“RIG”), a privately held and UAE headquartered company with a focus on military services.
Ocean Power Technologies Announces Shipment of WAM-Vs to the UAE
Positive
Proactive Investors
16 days ago
Ocean Power Technologies grows Middle East footprint with Unique Group - ICYMI
Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Philipp Stratmann talked with Proactive about the company's decision to extend its agreement with the Unique Group in the United Arab Emirates, underlining strong growth in both the defense and commercial sectors across the region. Stratmann highlighted that demand for autonomous maritime systems, such as unmanned surface vehicles (USVs) and monitoring buoys, is continuing to rise, particularly in the Middle East.
Ocean Power Technologies grows Middle East footprint with Unique Group - ICYMI
Positive
Proactive Investors
20 days 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
20 days 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
Charts implemented using Lightweight Charts™