Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
OPTT logo OPTT
Upturn stock ratingUpturn stock rating
OPTT logo

Ocean Power Technologies Inc (OPTT)

Upturn stock ratingUpturn stock rating
$0.47
Last Close (24-hour delay)
Profit since last BUY-17.54%
upturn advisory
SELL
SELL since 1 day
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: OPTT (1-star) is a SELL. SELL since 1 days. Profits (-17.54%). Updated daily EoD!

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $6

1 Year Target Price $6

Analysts Price Target For last 52 week
$6Target price
Low$
Current$0.47
high$

Analysis of Past Performance

Type Stock
Historic Profit -26.57%
Avg. Invested days 30
Today’s Advisory SELL
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

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

Analyst Ratings

Rating -
Target Price 6
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

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 and is headquartered in Monroe Township, NJ. It develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves.

business area logo Core Business Areas

  • PowerBuoy Technology: Designs, manufactures, and markets proprietary wave energy converters (WECs) known as PowerBuoys. These systems are used for remote offshore power applications.
  • Services and Solutions: Provides engineering, project management, and installation services related to its PowerBuoy technology.

leadership logo Leadership and Structure

Philipp Stratmann is the CEO. The company has a board of directors overseeing strategic direction and operations.

Top Products and Market Share

overview logo Key Offerings

  • PowerBuoy: A wave energy converter that generates electricity from wave motion. Market share data is difficult to determine due to the nascent stage of the wave energy market and OPT's limited revenue. Competitors include AWS Ocean Energy, Mocean Energy, and other wave energy technology developers. Revenue stream is project based.

Market Dynamics

industry overview logo Industry Overview

The wave energy industry is an emerging sector focused on harnessing the power of ocean waves to generate electricity. It is characterized by technological innovation and high capital investment.

Positioning

OPT is a player in the wave energy market, focusing on autonomous power solutions for remote offshore applications. Their competitive advantage lies in their proven PowerBuoy technology and expertise in offshore deployments.

Total Addressable Market (TAM)

The estimated global TAM for wave energy is difficult to pinpoint due to the early stage of the industry but is expected to grow substantially as the technology matures. OPT is positioned to capture a share of this market through its PowerBuoy solutions, estimated TAM is multi-billion dollar range.

Upturn SWOT Analysis

Strengths

  • Proprietary PowerBuoy technology
  • Experience in offshore deployments
  • Focus on autonomous power solutions

Weaknesses

  • Limited financial resources
  • Dependence on government funding and grants
  • Small market share and revenue

Opportunities

  • Growing demand for renewable energy
  • Increasing interest in offshore applications
  • Potential for partnerships and collaborations

Threats

  • Competition from other renewable energy sources
  • High capital costs and regulatory hurdles
  • Technological risks and performance uncertainties

Competitors and Market Share

competitor logo Key Competitors

  • AWS Ocean Energy
  • Mocean Energy

Competitive Landscape

OPT faces competition from other wave energy developers as well as established renewable energy technologies. OPT's advantage lies in its proven technology, but its small size and limited resources pose a challenge.

Growth Trajectory and Initiatives

Historical Growth: OPT's growth has been slow due to the limited commercial adoption of wave energy technology.

Future Projections: Future growth depends on securing new contracts and expanding its market presence.

Recent Initiatives: Recent initiatives include developing new PowerBuoy models and pursuing partnerships with government agencies and private companies.

Summary

Ocean Power Technologies is a small player in the emerging wave energy market with a proprietary PowerBuoy technology. Its limited financial resources and dependence on grants pose challenges, but growing demand for renewable energy and offshore applications create opportunities. The company's future depends on securing new contracts and successfully commercializing its technology. The key risks involve competition from other renewable energy sources and technological uncertainties.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • News articles

Disclaimers:

This analysis is based on available information and estimates, and should not be considered financial advice. The wave energy market is dynamic, and future outcomes may differ from current expectations.

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

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

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

Upturn AI SummarizationUpturn 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.