OPTT icon

Ocean Power Technologies

0.4317 USD
+0.0051
1.20%
At close Apr 25, 4:00 PM EDT
After hours
0.4286
-0.0031
0.72%
1 day
1.20%
5 days
10.55%
1 month
-20.32%
3 months
-46.05%
6 months
187.80%
Year to date
-57.26%
1 year
129.02%
5 years
9.99%
10 years
-99.63%
 

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

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

1,236% more capital invested

Capital invested by funds: $671K [Q3] → $8.97M (+$8.29M) [Q4]

350% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 4

251% more call options, than puts

Call options by funds: $2.61M | Put options by funds: $744K

83% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 6

39% more funds holding

Funds holding: 36 [Q3] → 50 (+14) [Q4]

1.78% more ownership

Funds ownership: 4.34% [Q3] → 6.12% (+1.78%) [Q4]

Research analyst outlook

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

Financial journalist opinion

Based on 10 articles about OPTT published over the past 30 days

Positive
Proactive Investors
1 week ago
Ocean Power Technologies expands global reseller network - ICYMI
Ocean Power Technologies Inc (NYSE-A:OPTT) earlier this week discussed its recent global expansion strategy and operational resilience in an interview with Proactive. The company said it continues to pursue “responsible geographic expansions,” focusing on establishing partnerships with regional resellers and service providers.
Ocean Power Technologies expands global reseller network - ICYMI
Positive
Proactive Investors
1 week ago
Ocean Power Technologies wins new international government order for WAM-V system
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has secured a new contract with an international government client for the near-term delivery of a fully integrated Wave Adaptive Modular Vessel (WAM-V). The agreement marks another milestone in OPT's regional expansion strategy and highlights growing demand for its low-carbon marine power, data, and service solutions, the company said.
Ocean Power Technologies wins new international government order for WAM-V system
Neutral
GlobeNewsWire
1 week ago
Ocean Power Technologies Secures Order for Fully Integrated WAM-V for an International Government Customer
MONROE TOWNSHIP, N.J., April 14, 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 secured a contract from a new international government customer for a fully integrated WAM-V for near term delivery.
Ocean Power Technologies Secures Order for Fully Integrated WAM-V for an International Government Customer
Positive
Proactive Investors
2 weeks ago
Ocean Power Technologies partners with Elektron SAS to expand reach in Latin America
Ocean Power Technologies Inc (NYSE-A:OPTT) announced the signing of a strategic reseller agreement with Elektron SAS, a Colombia-based company specializing in hydrographic and oceanographic instrumentation. As part of the agreement, Elektron has committed to $4 million in purchases of OPT's intelligent maritime solutions, including its WAM-V USVs, PowerBuoy, and AI-driven Merrows platform.
Ocean Power Technologies partners with Elektron SAS to expand reach in Latin America
Neutral
GlobeNewsWire
2 weeks ago
Ocean Power Technologies Signs Strategic Reseller Agreement with Elektron SAS
Expands Commercial Reach of Intelligent Maritime Solutions Across Latin America Expands Commercial Reach of Intelligent Maritime Solutions Across Latin America
Ocean Power Technologies Signs Strategic Reseller Agreement with Elektron SAS
Positive
Proactive Investors
2 weeks ago
Ocean Power Technologies expands US reach through reseller deal with Grava Hydro
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has signed a reseller agreement with Grava Hydrographic Solutions, strengthening its US distribution network for its Wave Adaptive Modular Vessels (WAM-V) unmanned surface vehicles. Grava Hydro, a US-based expert in hydrographic and oceanographic equipment integration, will now support the availability, sales, and servicing of OPT's WAM-V platforms across the country.
Ocean Power Technologies expands US reach through reseller deal with Grava Hydro
Neutral
GlobeNewsWire
2 weeks ago
Ocean Power Technologies Signs U.S. Reseller Agreement with Grava Hydrographic Solutions LLC
Expands Access to OPT's WAM-V® Unmanned Surface Vehicle Technology Across the United States Expands Access to OPT's WAM-V® Unmanned Surface Vehicle Technology Across the United States
Ocean Power Technologies Signs U.S. Reseller Agreement with Grava Hydrographic Solutions LLC
Positive
Proactive Investors
2 weeks ago
Ocean Power Technologies says US-based supply chain shields it from global disruptions
Ocean Power Technologies Inc (NYSE-A:OPTT) said on Monday it remains fully operational and does not expect any material impact from global supply chain disruptions, citing its majority domestic supply chain and US-based workforce. The New Jersey-based company, which develops ocean energy solutions for commercial and defense sectors, said its inventory levels and procurement processes remain stable despite international logistics constraints and raw material availability issues.
Ocean Power Technologies says US-based supply chain shields it from global disruptions
Neutral
GlobeNewsWire
2 weeks ago
Ocean Power Technologies Highlights Supply Chain Resilience Amid Global Uncertainty
Majority Domestic Supply Chain Enables Operational Continuity and Competitive Advantage Majority Domestic Supply Chain Enables Operational Continuity and Competitive Advantage
Ocean Power Technologies Highlights Supply Chain Resilience Amid Global Uncertainty
Positive
Proactive Investors
3 weeks ago
Ocean Power Technologies secures new contract wins in US, Latin America - ICYMI
Ocean Power Technologies Inc (NYSE-A:OPTT) CEO Philipp Stratmann talked with Proactive about recent strategic developments for the maritime technology company, including new contract wins in the United States and Latin America. Proactive: Alright, welcome back inside our Proactive newsroom.
Ocean Power Technologies secures new contract wins in US, Latin America - ICYMI
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