Ocean Power Technologies, Inc. (OPTT)
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- symbol OPTT
- Rev/Share 0.0033
- Book/Share 0.014
- PB 31.6121
- Debt/Equity 0.2938
- CurrentRatio 1.5819
- ROIC -0.7259
- MktCap 80724185.0
- FreeCF/Share -0.0114
- PFCF -4.0979
- PE -31.2811
- Debt/Assets 0.1941
- DivYield 0
- ROE -0.9599
- Rating C
- Score 2
- Recommendation Sell
- P/E Score 1
- DCF Score 5
- P/B Score 1
- D/E Score 2
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| Initiation | OPTT | Ladenburg Thalmann | -- | Buy | -- | $1.5 | Sept. 24, 2025 |
News
Ocean Power Technologies Announces Financial Results for Third Quarter Fiscal 2025
Published: March 18, 2025 by: GlobeNewsWire
Sentiment: Neutral
Reports Record Backlog and Reduces Cash Used in Operating Activities by 59% Reports Record Backlog and Reduces Cash Used in Operating Activities by 59%
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Ocean Power Technologies Secures Order for Fully Integrated WAM-V from a Major European Offshore Services Provider
Published: March 13, 2025 by: GlobeNewsWire
Sentiment: Neutral
MONROE TOWNSHIP, N.J., March 13, 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 European Offshore Services Provider for a fully integrated WAM-V® for near term delivery.
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Ocean Power Technologies to deploy PowerBuoy for maritime defense testing
Published: March 12, 2025 by: Proactive Investors
Sentiment: Positive
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it received a binding letter of intent to deploy a PowerBuoy for an undisclosed customer to demonstrate the system's survivability and suitability for multidomain defense and security applications in extreme sea conditions. This follows a teaming agreement signed last year with a major international defense contractor to provide its Merrows suite of solutions in select regions.
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Ocean Power Technologies to showcase maritime solutions at NAVDEX
Published: February 10, 2025 by: Proactive Investors
Sentiment: Positive
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.
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About Ocean Power Technologies, Inc. (OPTT)
- IPO Date 2007-04-25
- Website https://www.oceanpowertechnologies.com
- Industry Electrical Equipment & Parts
- CEO Philipp Stratmann
- Employees 43