OPTT · Ocean Power Technologies, Inc.
Ocean Power Technologies Inc (OPTT)
What's happening
- OPTT is up 1.13% today, trading at $0.17. — Live quote
- Volume today (448) is well below its 3-month average of 4,535,060. (Finnhub fundamentals)
- Reports earnings on 2026-09-14, 11 days away. (Finnhub earnings calendar)
- Last quarter's EPS missed estimates: $-0.07 actual vs. $-0.04 estimated (-96.1%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-09-01 (8 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jan '26 | Oct '25 | Jul '25 | Jan '25 | Oct '24 |
|---|---|---|---|---|---|
| Market cap | $94.7M | $91.3M | $97.7M | $109.5M | $1.3M |
| P/E | -2.61 | -3.17 | -4.35 | -5.07 | -0.06 |
| Price/Sales | 32.17 | 18.83 | 17.06 | 17.27 | 0.20 |
| Price/Book | 4.71 | 4.09 | 4.04 | 3.79 | 0.06 |
| EV/Revenue | 29.77 | 16.43 | 15.34 | 15.69 | -0.13 |
| ROE | -180.70% | -129.36% | -92.90% | -74.69% | -99.86% |
| ROA | -88.24% | -73.37% | -61.37% | -62.77% | -81.97% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E and PEG aren't shown here — both need historical analyst-consensus estimates, which no free source provides; see the current-period figures above instead.
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-08-14. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Signals describe daily price patterns—not the company’s value and not a recommendation to buy or sell. Read several together; no single indicator predicts what happens next. “Overbought” and “oversold” are conditions, not promises of a reversal.
Indicators None active
Free IEX historical data only goes back to ~2021 — 5Y/Full show whatever's actually available, not a promise of that much history. Indicators are computed client-side from these same price bars; earnings markers ("E") come from Finnhub's free tier (~last 4 quarters + next upcoming) — older quarters aren't available. The move-highlight dots are a heuristic (|% change| vs rolling volatility) with a best-effort headline lookup, not a claim of causation.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Revenue growth is 48.7% on the provider's reported measure. Finnhub fundamentals ↗
- Latest SEC filing is Form 8-K, filed 2026-08-24; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Net profit margin is -1099.7%. Finnhub fundamentals ↗
- Trailing 52-week price return is -67.3%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on OPTT
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jan '26 | Oct '25 | Jul '25 | Jan '25 | Oct '24 | Jul '24 | Jan '24 | Oct '23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $513.0K | $424.0K | $1.2M | $825.0K | $2.4M | $1.3M | $1.8M | $889.0K |
| Gross profit | -$755.0K | -$1.4M | -$23.0K | $197.0K | $795.0K | $447.0K | $813.0K | $488.0K |
| Operating income | -$9.1M | -$10.1M | -$7.1M | -$5.9M | -$3.9M | -$4.5M | -$7.7M | -$7.5M |
| Net income | -$11.4M | -$10.8M | -$7.4M | -$6.7M | -$3.9M | -$4.5M | -$6.5M | -$7.2M |
| EPS (diluted) | $-0.06 | $-0.06 | $-0.04 | $-0.04 | $-0.04 | $-0.05 | $-0.11 | $-0.12 |
| EPS (basic) | $-0.06 | $-0.06 | $-0.04 | $-0.04 | $-0.04 | $-0.05 | $-0.11 | $-0.12 |
| Operating margin | -$1.8K | -$2.4K | -$599 | -$712 | -$162 | -$344 | -$430 | -$842 |
| Net margin | -$2.2K | -$2.6K | -$625 | -$815 | -$162 | -$342 | -$363 | -$811 |
Balance sheet
| Line item | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $39.9M | $41.1M | $39.3M | $36.6M | $30.8M | $34.4M | $26.9M | $29.2M |
| Total liabilities | $27.4M | $21.1M | $17.0M | $12.4M | $4.1M | $5.5M | $4.8M | $6.9M |
| Stockholders' equity | $12.5M | $20.1M | $22.3M | $24.2M | $26.7M | $28.9M | $22.1M | $22.3M |
| Total current assets | $15.9M | $21.1M | $18.9M | $18.4M | $13.6M | $16.8M | $9.4M | $11.1M |
| Total current liabilities | $26.4M | $19.7M | $15.4M | $11.6M | $3.3M | $4.3M | $3.4M | $5.1M |
| Cash & equivalents | $8.7M | $7.1M | $11.7M | $9.9M | $6.7M | $10.0M | $2.1M | $3.2M |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| Accounts receivable | $587.0K | $6.1M | $1.1M | $2.2M | $1.2M | $1.6M | $1.8M | $963.0K |
| Inventory | $3.2M | $5.2M | $4.7M | $4.9M | $4.2M | $3.9M | $4.8M | $5.7M |
| Other current assets | $2.6M | $2.0M | $722.0K | $893.0K | $400.0K | $752.0K | $683.0K | $785.0K |
| Marketable securities (non-current) | — | — | — | — | — | — | — | — |
| Property, plant & equipment | $10.3M | $5.8M | $5.9M | $4.7M | $3.4M | $3.6M | $3.3M | $3.6M |
| Goodwill | $8.5M | $8.5M | $8.5M | $8.5M | $8.5M | $8.5M | $8.5M | $8.5M |
| Intangible assets | $3.4M | $3.4M | $3.4M | $3.5M | $3.5M | $3.5M | $3.6M | $3.6M |
| Other non-current assets | — | — | — | — | — | — | — | — |
| Accounts payable | $4.4M | $1.5M | $1.4M | $1.3M | $568.0K | $637.0K | $351.0K | $1.7M |
| Accrued liabilities | $4.2M | $3.0M | $1.3M | $1.3M | $1.3M | $2.2M | $1.4M | $1.6M |
| Deferred revenue (current) | $6.0M | $5.4M | $135.0K | $135.0K | — | — | $119.0K | $445.0K |
| Short-term debt | — | — | — | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — | — | — | — |
| Long-term debt | $12.0M | — | — | — | — | — | — | — |
| Common stock & paid-in capital | $231.0K | $219.0K | $190.0K | $178.0K | $172.0K | $170.0K | $125.0K | $96.0K |
| Retained earnings | -$381.0M | -$358.7M | -$347.3M | -$336.5M | -$332.0M | -$322.7M | -$315.9M | -$312.0M |
| Accumulated other comprehensive income (loss) | — | — | — | — | — | -$45.0K | -$45.0K | -$45.0K |
Cash flow
| Line item | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$851.0K | -$6.8M | -$7.5M | -$5.6M | -$4.0M | -$3.7M | -$4.8M | -$6.1M |
| Investing cash flow | -$2.3M | -$35.0K | -$266.0K | -$1.5M | -$155.0K | -$222.0K | $246.0K | -$374.0K |
| Financing cash flow | $4.8M | $2.2M | $9.6M | $10.2M | $850.0K | $11.9M | $3.4M | $6.5M |
| Free cash flow | -$3.1M | -$6.8M | -$7.8M | -$7.1M | -$4.2M | -$4.0M | -$4.5M | -$6.5M |
| Capital expenditures | $2.3M | $35.0K | $266.0K | $1.5M | $155.0K | $222.0K | -$246.0K | $374.0K |
| Depreciation & amortization | — | — | — | — | — | — | — | — |
| Share-based compensation | $7.1M | $2.6M | $2.8M | $2.4M | $4.3M | $782.0K | $292.0K | $259.0K |
| Deferred income taxes | — | — | — | — | — | — | — | — |
| Change in accounts receivable | -$4.6M | $5.0M | -$1.1M | $1.0M | -$435.0K | -$159.0K | $822.0K | $167.0K |
| Change in inventory | $2.0M | $675.0K | $928.0K | $643.0K | $236.0K | -$597.0K | -$619.0K | $850.0K |
| Change in accounts payable | $2.8M | $107.0K | $156.0K | $715.0K | -$67.0K | $284.0K | -$1.4M | -$1.6M |
| Purchases of investments | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| Debt issued | — | — | — | — | — | — | — | — |
| Tax withholding on stock comp | $1.0K | $806.0K | — | — | $0 | $649.0K | — | — |
Income statement
| Line item | Apr '26 | Apr '25 | Apr '24 | Apr '23 | Apr '22 |
|---|---|---|---|---|---|
| Revenue | $3.7M | $5.9M | $5.5M | $2.7M | $1.8M |
| Gross profit | -$5.9M | $1.7M | $2.8M | $236.0K | -$101.0K |
| Operating income | -$38.4M | -$21.7M | -$29.3M | -$29.2M | -$21.6M |
| Net income | -$48.9M | -$24.5M | -$27.5M | -$26.3M | -$18.9M |
| EPS (diluted) | $-0.25 | $-0.19 | $-0.47 | $-0.47 | $-0.35 |
| EPS (basic) | $-0.25 | $-0.19 | $-0.47 | $-0.47 | $-0.35 |
| Operating margin | -$1.0K | -$370 | -$531 | -$1.1K | -$1.2K |
| Net margin | -$1.3K | -$417 | -$497 | -$964 | -$1.1K |
Balance sheet
| Line item | Apr '26 | Apr '25 | Apr '24 | Apr '23 | Apr '22 |
|---|---|---|---|---|---|
| Total assets | $39.9M | $30.8M | $28.7M | $53.4M | $73.4M |
| Total liabilities | $27.4M | $4.1M | $9.4M | $9.4M | $4.6M |
| Stockholders' equity | $12.5M | $26.7M | $19.3M | $44.0M | $68.8M |
| Total current assets | $15.9M | $13.6M | $10.5M | $37.7M | $59.3M |
| Total current liabilities | $26.4M | $3.3M | $7.4M | $7.9M | $3.0M |
| Cash & equivalents | $8.7M | $6.7M | $3.2M | $6.9M | $7.9M |
| Marketable securities (current) | — | — | — | $27.8M | $49.4M |
| Accounts receivable | $587.0K | $1.2M | $796.0K | $745.0K | $482.0K |
| Inventory | $3.2M | $4.2M | $4.8M | $1.0M | $442.0K |
| Other current assets | $2.6M | $400.0K | $1.7M | $994.0K | $467.0K |
| Marketable securities (non-current) | — | — | — | — | — |
| Property, plant & equipment | $10.3M | $3.4M | $3.4M | $1.3M | $445.0K |
| Goodwill | $8.5M | $8.5M | $8.5M | $8.5M | $8.5M |
| Intangible assets | $3.4M | $3.5M | $3.6M | $4.0M | $4.1M |
| Other non-current assets | — | — | — | — | — |
| Accounts payable | $4.4M | $568.0K | $3.4M | $952.0K | $905.0K |
| Accrued liabilities | $4.2M | $1.3M | $1.8M | $2.3M | $877.0K |
| Deferred revenue (current) | $6.0M | — | $302.0K | $1.4M | $129.0K |
| Short-term debt | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Long-term debt | $12.0M | — | — | — | — |
| Common stock & paid-in capital | $231.0K | $172.0K | $61.0K | $56.0K | $56.0K |
| Retained earnings | -$381.0M | -$332.0M | -$307.6M | -$280.1M | -$253.8M |
| Accumulated other comprehensive income (loss) | — | — | -$45.0K | -$45.0K | -$46.0K |
Cash flow
| Line item | Apr '26 | Apr '25 | Apr '24 | Apr '23 | Apr '22 |
|---|---|---|---|---|---|
| Operating cash flow | -$20.8M | -$18.6M | -$29.8M | -$21.7M | -$21.3M |
| Investing cash flow | -$4.0M | -$505.0K | $25.5M | $20.5M | -$54.0M |
| Financing cash flow | $26.8M | $22.7M | $469.0K | -$14.0K | $87.0K |
| Free cash flow | -$24.8M | -$19.1M | -$32.3M | -$22.4M | -$21.4M |
| Capital expenditures | $4.0M | $505.0K | $2.6M | $648.0K | $145.0K |
| Depreciation & amortization | — | — | $420.0K | $183.0K | $144.0K |
| Share-based compensation | $9.5M | $4.6M | $1.2M | $1.5M | $1.2M |
| Deferred income taxes | — | — | — | — | — |
| Change in accounts receivable | $328.0K | $395.0K | $51.0K | $262.0K | $133.0K |
| Change in inventory | $4.2M | -$130.0K | $3.8M | $602.0K | $292.0K |
| Change in accounts payable | $3.8M | -$2.8M | $2.4M | $47.0K | $217.0K |
| Purchases of investments | — | — | — | — | — |
| Share repurchases | — | — | $14.0K | $14.0K | $3.0K |
| Debt issued | — | — | — | — | — |
| Tax withholding on stock comp | $807.0K | $649.0K | $14.0K | — | — |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding OPTT as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-09-03 11:48 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-08-24 | 8-K | 2026-08-19 | View on SEC.gov → |
| 2026-08-20 | 8-K | 2026-08-14 | View on SEC.gov → |
| 2026-08-19 | 10-K | 2026-04-30 | View on SEC.gov → |
| 2026-08-17 | 8-K | 2026-08-17 | View on SEC.gov → |
| 2026-08-05 | 8-K | 2026-08-05 | View on SEC.gov → |
| 2026-07-27 | 8-K | 2026-07-27 | View on SEC.gov → |
| 2026-07-23 | 8-K | 2026-07-20 | View on SEC.gov → |
| 2026-06-29 | 8-K | 2026-06-29 | View on SEC.gov → |
| 2026-06-09 | 8-K | 2026-06-08 | View on SEC.gov → |
| 2026-06-08 | 8-K | 2026-06-04 | View on SEC.gov → |
| 2026-05-21 | 8-K | 2026-05-19 | View on SEC.gov → |
| 2026-05-12 | 8-K | 2026-05-07 | View on SEC.gov → |
Recent news
Headlines about OPTT (Ocean Power Technologies, Inc.). Links open the publisher — we don’t host full articles.
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Ocean Power Technologies Selects Palantir Foundry to Accelerate Growth in Autonomous Maritime Operations
Yahoo Finance · 2026-09-03 -
Small-cap industrial stocks with the best and worst quant ratings after earnings season
Seeking Alpha · 2026-09-01 -
Ocean Power Technologies, Inc. (OPTT) Discusses Autonomous Maritime Technologies and Strategy for Ocean Operations Transcript
Seeking Alpha · 2026-08-25 -
Ocean Power Technologies, Inc. to Participate in Water Tower Research Fireside Chat on Tuesday, August 25, 2026
Yahoo Finance · 2026-08-25 -
Ocean Power Technologies, Inc. Provides Required Disclosure
Yahoo Finance · 2026-08-21 -
Ocean Power Technologies, Inc. Receives Notice from NYSE American Regarding Late Filing of Annual Report on Form 10-K
Yahoo Finance · 2026-08-20 -
Ocean Power Technologies launches strategic alternatives review
Yahoo Finance · 2026-08-17 -
Ocean Power Technologies Initiates Review of Strategic Alternatives
Yahoo Finance · 2026-08-17
No headlines in this category right now — try “All”.