OPTT icon

Ocean Power Technologies

0.6444 USD
-0.0389
5.69%
At close Feb 21, 4:00 PM EST
After hours
0.6400
-0.0044
0.68%
1 day
-5.69%
5 days
-18.61%
1 month
-29.63%
3 months
318.44%
6 months
232.16%
Year to date
-36.20%
1 year
128.03%
5 years
-9.24%
10 years
-99.36%
 

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 7,139 funds
Analysts bullish %

Fund manager confidence

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

1,236% more capital invested

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

325% more first-time investments, than exits

New positions opened: 17 | 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

36% more funds holding

Funds holding: 36 [Q3] → 49 (+13) [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 4 articles about OPTT published over the past 30 days

Positive
Proactive Investors
1 week ago
Ocean Power Technologies to showcase maritime solutions at NAVDEX
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it will demonstrate its WAM-V Unmanned Surface Vehicles (USVs) at NAVDEX in Abu Dhabi, in collaboration with its UAE-based partner, Remah International Group (RIG). This follows RIG's appointment as OPT's regional distributor for defense and security solutions in late 2024.
Ocean Power Technologies to showcase maritime solutions at NAVDEX
Neutral
GlobeNewsWire
1 week ago
Ocean Power Technologies Announces Demonstration of WAM-V at NAVDEX
MONROE TOWNSHIP, N.J., Feb. 10, 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 will exhibit at NAVDEX in Abu Dhabi with Remah International Group (“RIG”), a privately held and UAE headquartered company with a focus on both military and civilian services.
Ocean Power Technologies Announces Demonstration of WAM-V at NAVDEX
Positive
Proactive Investors
3 weeks ago
Ocean Power Technologies secures $2M order for PowerBuoys
Ocean Power Technologies Inc (NYSE-A:OPTT) it had secured an initial $2 million in purchase orders from Latin America for its Next Generation PowerBuoys. The PowerBuoys, which generate energy through a combination of wave, solar, and wind power, are designed for long-term deployment in coastal and deep ocean environments.
Ocean Power Technologies secures $2M order for PowerBuoys
Neutral
GlobeNewsWire
3 weeks ago
Ocean Power Technologies Secures $2 Million in Purchase Orders for PowerBuoys® in Latin America
Ocean Power Technologies secures $2M in Latin American orders for PowerBuoys®, expanding its global presence and advancing marine intelligence solutions.
Ocean Power Technologies Secures $2 Million in Purchase Orders for PowerBuoys® in Latin America
Positive
Proactive Investors
1 month ago
Ocean Power Technologies hails multi-day autonomous vehicle demonstration
Ocean Power Technologies Inc has announced a successful multi-day demonstration of its WAM-V autonomous maritime surface vehicle in California. Equipped with a complete seabed survey payload, the WAM-V 22 completed a major set of offshore exercises over several days without needing to return to base.
Ocean Power Technologies hails multi-day autonomous vehicle demonstration
Neutral
GlobeNewsWire
1 month ago
Ocean Power Technologies Demonstrates Multi-Day Advanced Remote Survey Capabilities
Completion of Exercises in California Illustrates Cost Efficient Autonomous Ocean Intelligence at Scale Completion of Exercises in California Illustrates Cost Efficient Autonomous Ocean Intelligence at Scale
Ocean Power Technologies Demonstrates Multi-Day Advanced Remote Survey Capabilities
Positive
Proactive Investors
1 month ago
Ocean Power Technologies strengthens focus on US government projects with advisory board appointments
Ocean Power Technologies Inc (NYSE-A:OPTT) has announced the appointment of three new advisory board members that support its focus on advancing US government projects. It has appointed Natalie Lorenz-Anderson, Rear Admiral Joseph A "Digger" DiGuardo, and Rear Admiral Victorino "Vic" Mercado to its advisory board.
Ocean Power Technologies strengthens focus on US government projects with advisory board appointments
Neutral
Business Wire
1 month ago
Glancy Prongay & Murray LLP Announces Investigation of Ocean Power Technologies, Inc. (OPTT)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Ocean Power Technologies, Inc. (NYSE: OPTT) concerning the Company and its directors' and officers' possible violations of state laws. If you own Ocean Power Technologies stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New.
Glancy Prongay & Murray LLP Announces Investigation of Ocean Power Technologies, Inc. (OPTT)
Neutral
GlobeNewsWire
1 month ago
Ocean Power Technologies Announces Appointment of Advisory Board Members to Support the Board of Directors
The Appointment of a MIT Board of Trustees Member with Deep Cybersecurity and Government Contracting Experience and Two Highly Decorated Naval Veterans as Advisory Board Members Underscores the Company's Commitment to US Government Projects The Appointment of a MIT Board of Trustees Member with Deep Cybersecurity and Government Contracting Experience and Two Highly Decorated Naval Veterans as Advisory Board Members Underscores the Company's Commitment to US Government Projects
Ocean Power Technologies Announces Appointment of Advisory Board Members to Support the Board of Directors
Positive
Proactive Investors
1 month ago
Ocean Power Technologies CEO reflects on strategic growth, cost efficiency, and technological innovations
Ocean Power Technologies Inc (NYSE-A:OPTT), a leader in ocean intelligence solutions, is making significant strides in its mission to deliver innovative surveillance, monitoring, and data solutions for maritime environments. At a recent fireside chat with Water Tower Research, CEO Philipp Stratmann shared insights into the company's progress, emphasizing its operational evolution, cost efficiency, and expanding global footprint.
Ocean Power Technologies CEO reflects on strategic growth, cost efficiency, and technological innovations
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