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Ocean Power Technologies Inc (OPTT)


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Upturn Advisory Summary
10/15/2025: OPTT (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -46.5% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 85.44M USD | Price to earnings Ratio - | 1Y Target Price 6 |
Price to earnings Ratio - | 1Y Target Price 6 | ||
Volume (30-day avg) - | Beta 2.66 | 52 Weeks Range 0.14 - 1.75 | Updated Date 06/29/2025 |
52 Weeks Range 0.14 - 1.75 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.25 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -712.12% |
Management Effectiveness
Return on Assets (TTM) -38.03% | Return on Equity (TTM) -80.51% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 77478930 | Price to Sales(TTM) 13.97 |
Enterprise Value 77478930 | Price to Sales(TTM) 13.97 | ||
Enterprise Value to Revenue 12.67 | Enterprise Value to EBITDA -0.25 | Shares Outstanding 172746000 | Shares Floating 164763691 |
Shares Outstanding 172746000 | Shares Floating 164763691 | ||
Percent Insiders 3.21 | Percent Institutions 8.21 |
Upturn AI SWOT
Ocean Power Technologies Inc

Company Overview
History and Background
Ocean Power Technologies Inc. (OPT) was founded in 1984. The company focuses on developing and commercializing wave energy conversion technology. Early milestones included initial wave energy device designs and testing. Over time, OPT shifted towards autonomous power solutions for remote offshore applications.
Core Business Areas
- PowerBuoyu00ae Solutions: Development, manufacturing, and deployment of PowerBuoyu00ae systems that generate electricity from ocean waves. These systems provide reliable, sustainable power for offshore applications.
- Autonomous Maritime Solutions: Provides autonomous solutions for maritime applications including remote monitoring, surveillance, and communications.
- Services: Offers services including project management, installation, maintenance, and data analysis related to its PowerBuoyu00ae systems.
Leadership and Structure
The company is led by Philipp Stratmann (President and CEO). The organizational structure consists of departments focused on engineering, manufacturing, sales, and marketing, and finance/administration.
Top Products and Market Share
Key Offerings
- PowerBuoyu00ae: A wave energy converter that generates electricity from ocean waves. While precise market share data is not publicly available, OPT targets niche markets within offshore oil and gas, defense, and oceanographic research. Competitors include AW Energy, Carnegie Clean Energy, and Eco Wave Power.
- Autonomous Maritime Solutions: Solutions focused on remote monitoring and surveillance of maritime assets and environments. The company faces competition from companies providing similar solutions using solar and other energy sources. Competitors include, Marine Instruments, Kongsberg Maritime and Wu00e4rtsilu00e4.
Market Dynamics
Industry Overview
The renewable energy sector is growing, with increasing interest in wave energy as a potential source. Offshore industries are seeking autonomous power solutions for remote operations and monitoring.
Positioning
OPT is a niche player in the wave energy market, focusing on providing autonomous power solutions for remote offshore applications. Their competitive advantage lies in the PowerBuoy's ability to provide continuous power in challenging ocean environments.
Total Addressable Market (TAM)
The wave energy TAM is projected to reach billions of dollars. OPT is positioned to capture a segment of this market by focusing on specific applications where autonomous power solutions are needed.
Upturn SWOT Analysis
Strengths
- Proprietary wave energy conversion technology
- Focus on niche markets with high demand for autonomous power
- Experience in offshore deployments
- Commitment to sustainable energy solutions
Weaknesses
- Limited financial resources
- Reliance on government grants and contracts
- Relatively small market capitalization
- Commercialization challenges
Opportunities
- Growing demand for renewable energy solutions
- Increasing adoption of autonomous technologies in offshore industries
- Potential for partnerships with larger energy companies
- Government incentives for renewable energy development
Threats
- Competition from other renewable energy technologies (solar, wind)
- High cost of wave energy conversion
- Technological risks and uncertainties
- Regulatory hurdles and permitting challenges
Competitors and Market Share
Key Competitors
- AWGYF
- EOPWF
- ECOWVE.ST
Competitive Landscape
OPT faces competition from established renewable energy companies and smaller wave energy developers. Its competitive advantage lies in its proprietary PowerBuoy technology and its focus on niche markets. However, it is at a significant disadvantage in terms of available capital.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been limited, with fluctuating revenue and ongoing net losses.
Future Projections: Future growth is dependent on securing new contracts, commercializing its PowerBuoy technology, and expanding into new markets. Analyst estimates vary widely and are subject to significant uncertainty.
Recent Initiatives: Recent initiatives include focusing on specific target markets such as offshore oil and gas, defense, and oceanographic research, and developing new PowerBuoy configurations for specific applications.
Summary
Ocean Power Technologies is a small player in the renewable energy space focusing on wave energy conversion. The company faces significant financial challenges and relies heavily on external funding. OPT has a strong technology but is challenged by the high cost of wave energy conversion. Key opportunities include growing demand for autonomous solutions and partnerships.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC filings
- Company Website
- Industry Reports
- Market Analysis Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share estimates are approximate and based on available data. Investors should conduct their own research before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Ocean Power Technologies Inc
Exchange NYSE MKT | Headquaters Monroe Township, NJ, United States | ||
IPO Launch date 2007-04-25 | CEO, President & Director Dr. Philipp Stratmann | ||
Sector Industrials | Industry Specialty Industrial Machinery | Full time employees 43 | |
Full time employees 43 |
Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company offers Wave Adaptive Modular Vessel (WAM-V) technology, which enables roaming capabilities for uncrewed maritime systems in waters; leases WAM-V robotics and access information; maritime domain awareness solutions; and strategic consulting services. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. Ocean Power Technologies, Inc. serves public and private entities, and agencies that require remote offshore power. The company offers was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

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