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Upturn stock rating
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Ocean Power Technologies Inc (OPTT)

Upturn stock rating
$0.56
Last Close (24-hour delay)
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PASS
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Upturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

10/15/2025: OPTT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -46.5%
Avg. Invested days 27
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

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

ai summary icon Upturn AI SWOT

Ocean Power Technologies Inc

stock logo

Company Overview

overview logo 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.

business area logo 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 logo 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

overview logo 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 logo 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

competitor logo 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.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization 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.