OPTT
Ocean Power Technologies, Inc.
NYSE AmericanUSDEQUITY
Industrials
DELAYED
Buy
+24/100
Last price
1.07
▲ 0.11 (11.53%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
1.06
Prev close
0.96
Day high
1.32
Day low
0.92
Volume
3.59M
Market cap
$9.54M
P/E (TTM)
—
52W range
0.91 – 21.60
Day trading desk
Gap from prior close
+10.42%
Prior close 0.96
VWAP
—
—
Relative volume
0.00×
Quiet session
Session range
3.77%
1.06 – 1.10
Position in range
25%
Near session low
ATR (14D)
0.24
22.16% of price
Prior day high
1.04
PDH
Prior day low
0.91
PDL
Bid / ask spread
—
Quote not published
Session volume
—
Avg 346.63K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-22.06%
-24.0%
1M
+457.89%
+456.7%
3M
+324.00%
+319.5%
6M
+194.44%
+176.3%
YTD
+253.33%
+239.1%
1Y
+89.29%
+72.9%
3Y
+171.79%
+89.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on OPTT open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+13.20M
Net buying
Buy transactions
62
13.23M shares
Sell transactions
1
25.00K shares
Net transactions
+63
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
366.58K
Total on file
Fundamentals
Market cap$9.54M
Enterprise value$12.01M
Revenue (TTM)$4.26M
Gross profit$-8.73M
EBITDA$-44.47M
Net income$-52.06M
EPS (TTM)$-7.58
Free cash flow$-4.19M
Total cash$7.36M
Total debt$9.82M
Book value / share$0.06
Shares outstanding9.00M
Float8.89M
Short % of float17.22%
Dividend yield0.00%
Beta (5Y)2.78
Valuation & profitability ratios
Trailing P/E—
Forward P/E-0.48
PEG ratio—
Price / sales—
Price / book19.27
EV / revenue2.82
EV / EBITDA-0.27
Gross margin-205.00%
Operating margin-840.16%
Profit margin0.00%
Return on equity-318.99%
Return on assets-75.66%
Debt / equity116.15
Current ratio0.52
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Total revenue | $3.74M | $5.86M | $5.53M | $2.73M | -36.2% |
| Operating revenue | $3.74M | $5.86M | $5.53M | $2.73M | -36.2% |
| Cost of revenue | $9.66M | $4.20M | $2.70M | $2.50M | +129.9% |
| Gross profit | -$5.92M | $1.66M | $2.83M | $236.00K | -456.7% |
| Total operating expense | $32.44M | $23.35M | $32.23M | $28.34M | +39.0% |
| Operating income | -$38.36M | -$21.69M | -$29.40M | -$28.10M | -76.9% |
| Net interest income | -$2.79M | $47.00K | $800.00K | $902.00K | -6,025.5% |
| Pre-tax income | -$48.91M | -$25.50M | -$28.74M | -$26.60M | -91.8% |
| Tax provision | $0 | -$1.03M | -$1.25M | -$278.00K | +100.0% |
| Net income | -$48.91M | -$24.47M | -$27.48M | -$26.33M | -99.9% |
| Net income to common | -$48.91M | -$24.47M | -$27.48M | -$26.33M | -99.9% |
| Basic EPS | -6.90 | -5.70 | -14.10 | -14.10 | -21.1% |
| Diluted EPS | -6.90 | -5.70 | -14.10 | -14.10 | -21.1% |
| EBIT | -$46.13M | -$21.69M | -$29.40M | -$28.10M | -112.7% |
| EBITDA | -$44.16M | -$19.93M | -$28.24M | -$27.47M | -121.6% |
| Basic shares | 6.48M | 4.23M | 1.97M | 1.87M | +53.1% |
| Diluted shares | 6.48M | 4.23M | 1.97M | 1.87M | +53.1% |
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $8.72M | $6.71M | $3.15M | $6.88M | +29.8% |
| Cash & short-term investments | $8.72M | $6.71M | $3.15M | $34.67M | +29.8% |
| Accounts receivable | $587.00K | $1.19M | $796.00K | $745.00K | -50.7% |
| Inventory | $3.19M | $4.22M | $4.83M | $1.04M | -24.4% |
| Total current assets | $15.89M | $13.62M | $10.54M | $37.67M | +16.7% |
| Property, plant & equipment | $12.14M | $5.00M | $5.85M | $3.03M | +143.0% |
| Goodwill & intangibles | $11.89M | $12.03M | $12.16M | $12.52M | -1.1% |
| Total assets | $39.92M | $30.79M | $28.70M | $53.37M | +29.6% |
| Total current liabilities | $26.41M | $3.29M | $7.36M | $7.91M | +702.9% |
| Current debt | $10.43M | — | — | — | — |
| Total debt | $12.47M | $1.80M | $2.57M | $1.84M | +593.0% |
| Total liabilities | $27.45M | $4.14M | $9.36M | $9.42M | +562.8% |
| Retained earnings | -$380.96M | -$332.05M | -$307.58M | -$280.10M | -14.7% |
| Shareholder equity | $12.48M | $26.65M | $19.34M | $43.95M | -53.2% |
| Working capital | -$10.52M | $10.33M | $3.18M | $29.77M | -201.9% |
| Net tangible assets | $582.00K | $14.63M | $7.18M | $31.44M | -96.0% |
| Shares issued | 7.62M | 5.74M | 2.05M | 1.88M | +32.8% |
| Line item | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$48.91M | -$24.47M | -$27.48M | -$26.33M | — | -99.9% |
| Depreciation & amortisation | $1.97M | $1.76M | $1.16M | $637.00K | — | +12.2% |
| Stock-based compensation | $10.98M | $4.60M | $1.16M | $1.46M | — | +138.6% |
| Change in working capital | $5.20M | -$4.58M | -$4.44M | $1.30M | — | +213.7% |
| Operating cash flow | -$20.77M | -$18.63M | -$29.76M | -$21.71M | — | -11.5% |
| Capital expenditure | -$4.01M | -$505.00K | -$2.58M | -$1.02M | — | -693.7% |
| Investing cash flow | -$4.01M | -$505.00K | $25.50M | $20.46M | — | -693.7% |
| Share buybacks | — | — | — | — | -$3.00K | — |
| Financing cash flow | $26.79M | $22.70M | $469.00K | -$14.00K | — | +18.0% |
| Free cash flow | -$24.78M | -$19.14M | -$32.35M | -$22.73M | — | -29.5% |
| End cash position | $8.87M | $6.87M | $3.31M | $7.10M | — | +29.2% |
| Line item | 2026-07-31 | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-01-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $1.70M | $1.62M | $513.00K | $424.00K | $1.18M | — | +5.3% |
| Operating revenue | $1.70M | $1.62M | $513.00K | $424.00K | $1.18M | — | +5.3% |
| Cost of revenue | $4.53M | $5.38M | $1.27M | $1.80M | $1.21M | — | -15.7% |
| Gross profit | -$2.83M | -$3.76M | -$755.00K | -$1.38M | -$23.00K | — | +24.8% |
| Selling, general & admin | $312.00K | — | — | — | $267.00K | — | — |
| Total operating expense | $12.25M | $8.28M | $8.36M | $8.74M | $7.05M | — | +47.9% |
| Operating income | -$15.08M | -$12.04M | -$9.12M | -$10.12M | -$7.08M | — | -25.2% |
| Net interest income | -$373.00K | -$1.19M | -$726.00K | -$564.00K | -$310.00K | — | +68.5% |
| Pre-tax income | -$10.54M | -$19.34M | -$11.37M | -$10.82M | -$7.39M | — | +45.5% |
| Tax provision | $0 | $0 | $0 | $0 | $0 | — | — |
| Net income | -$10.54M | -$19.34M | -$11.37M | -$10.82M | -$7.39M | — | +45.5% |
| Net income to common | -$10.54M | -$19.34M | -$11.37M | -$10.82M | -$7.39M | — | +45.5% |
| Basic EPS | -1.28 | — | -1.80 | -1.80 | -1.20 | -1.20 | — |
| Diluted EPS | -1.28 | — | -1.80 | -1.80 | -1.20 | -1.20 | — |
| EBIT | -$15.08M | -$18.15M | -$10.64M | -$10.12M | -$7.08M | — | +16.9% |
| EBITDA | -$14.48M | -$17.59M | -$10.11M | -$9.70M | -$6.62M | — | +17.6% |
| Basic shares | 8.24M | — | 6.52M | 6.12M | 5.77M | 4.92M | — |
| Diluted shares | 8.24M | — | 6.52M | 6.12M | 5.77M | 4.92M | — |
| Line item | 2026-07-31 | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $7.36M | $8.72M | $7.06M | $11.66M | $9.86M | -15.6% |
| Cash & short-term investments | $7.36M | $8.72M | $7.06M | $11.66M | $9.86M | -15.6% |
| Accounts receivable | $1.25M | $587.00K | $6.13M | $1.10M | $2.21M | +112.8% |
| Inventory | $4.55M | $3.19M | $5.24M | $4.69M | $4.87M | +42.7% |
| Total current assets | $15.43M | $15.89M | $21.11M | $18.93M | $18.38M | -2.9% |
| Property, plant & equipment | $11.41M | $12.14M | $7.95M | $8.28M | $6.09M | -6.0% |
| Goodwill & intangibles | $11.86M | $11.89M | $11.93M | $11.96M | $11.99M | -0.3% |
| Total assets | $38.70M | $39.92M | $41.14M | $39.32M | $36.62M | -3.1% |
| Total current liabilities | $29.53M | $26.41M | $19.70M | $15.36M | $11.62M | +11.8% |
| Current debt | $8.07M | $10.43M | $6.23M | $10.25M | $7.11M | -22.6% |
| Total debt | $9.82M | $12.47M | $8.55M | $12.85M | $8.69M | -21.2% |
| Total liabilities | $30.25M | $27.45M | $21.05M | $17.02M | $12.43M | +10.2% |
| Retained earnings | -$391.50M | -$380.96M | -$358.67M | -$347.30M | -$336.48M | -2.8% |
| Shareholder equity | $8.45M | $12.48M | $20.09M | $22.30M | $24.19M | -32.2% |
| Working capital | -$14.10M | -$10.52M | $1.41M | $3.57M | $6.76M | -34.0% |
| Net tangible assets | -$3.41M | $582.00K | $8.16M | $10.34M | $12.20M | -685.6% |
| Shares issued | 9.00M | 7.62M | 7.29M | 6.33M | 5.94M | +18.2% |
| Line item | 2026-07-31 | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$10.54M | -$19.34M | -$11.37M | -$10.82M | -$7.39M | +45.5% |
| Depreciation & amortisation | $592.00K | $564.00K | $528.00K | $419.00K | $459.00K | +5.0% |
| Stock-based compensation | $1.83M | $3.19M | $2.60M | $2.79M | $2.40M | -42.7% |
| Change in working capital | $28.00K | $6.36M | -$167.00K | $82.00K | -$1.07M | -99.6% |
| Operating cash flow | -$10.24M | -$851.00K | -$6.79M | -$7.53M | -$5.61M | -1,103.3% |
| Capital expenditure | -$124.00K | -$2.25M | -$35.00K | -$266.00K | -$1.45M | +94.5% |
| Investing cash flow | -$124.00K | -$2.25M | -$35.00K | -$266.00K | -$1.45M | +94.5% |
| Financing cash flow | $9.00M | $4.77M | $2.22M | $9.60M | $10.20M | +88.8% |
| Free cash flow | -$10.36M | -$3.10M | -$6.82M | -$7.80M | -$7.06M | -233.8% |
| End cash position | $7.51M | $8.87M | $7.21M | $11.81M | $10.01M | -15.4% |
Options analytics
Put / call volume
0.20
Call-heavy session
Put / call open interest
0.00
Positioning, not flow
Max pain
0.50
-52.8% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
+12.5%
Puts bid over calls
Call volume
186
Contracts, this expiry
Put volume
37
Contracts, this expiry
Heaviest call OI
0.50
11 contracts
Heaviest put OI
0.50
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jul 2026 | -0.90 | -1.28 | -42.2% |
| Apr 2026 | -3.45 | -1.80 | +47.8% |
| Jan 2026 | -1.35 | -1.80 | -33.3% |
| Oct 2025 | -0.60 | -1.80 | -200.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.90 | 2 | $2.83M | +568.6% |
| Next quarter | -0.90 | 2 | $3.91M | +663.0% |
| Current year | -3.45 | 2 | $14.46M | +254.8% |
| Next year | -1.80 | 1 | $33.41M | +131.0% |
Analyst targets & ownership
Mean target$45.00
High target$45.00
Low target$45.00
Implied upside4105.61%
Analyst count2
ConsensusNONE
Strong buy / Buy0 / 2
Hold0
Sell / Strong sell0 / 0
Held by insiders4.07%
Held by institutions12.17%
Institutions holding84
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
1.47
-27.36% from price
SMA 20
1.51
-29.85% from price
SMA 50
1.13
-5.79% from price
SMA 100
0.70
+52.38% from price
SMA 200
0.55
+92.06% from price
EMA 12
1.33
-19.64% from price
EMA 26
1.26
-15.11% from price
EMA 50
1.07
+0.08% from price
RSI (14)
47.6
Neutral
MACD (12,26,9)
0.07
Hist -0.13
ATR (14)
0.24
22.37% of price
Realised vol 30D
947.7%
Annualised
Bollinger upper
3.00
20, 2σ
Bollinger lower
0.02
20, 2σ
50 / 200 cross
Golden
1.13 vs 0.55
Trend bias
Above 200
+92.06%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.10
Less volatile than market
Correlation to SPY
0.00
Largely independent
Realised vol 30D
947.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-98.2%
Peak to trough
Max drawdown 5Y
-98.2%
Peak to trough
ATR 14
0.24
22.37% of price
Beta (reported)
2.78
5Y monthly, from filing
Short interest
Shares short
1.53M
Prior 960.98K
Change vs prior
+59.3%
Shorts adding
% of float
17.22%
Elevated
% of shares out
17.00%
Against total outstanding
Days to cover
4.9
Liquid
Float
8.89M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 18, 25 | HC Wainwright & Co. | INITIATED | — | Buy |
| Sep 24, 25 | Ladenburg Thalmann | INITIATED | — | Buy |
| May 9, 13 | Ascendiant Capital | INITIATED | — | Strong Buy |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio—
Ex-dividend date—
Next pay dateMar 12, 2019
Last split1:30
Split dateSep 14, 2026
SEC filings
Proxy Statements
PRE 14A · 2026-10-02
Corporate Changes & Voting Matters
8-K · 2026-09-25
Corporate Changes & Voting Matters
8-K · 2026-09-17
Periodic Financial Reports
10-Q · 2026-09-14
Corporate Changes & Voting Matters
8-K · 2026-09-11
Offering Registrations
S-1 · 2026-09-08
Offering Registrations
DRS · 2026-08-28
Offering Registrations
S-1 · 2026-08-25
Headlines
Ocean Power Technologies Demonstrates Offshore Deployment of Greensea IQ Bayonet 150 from Modified WAM-V 16
GlobeNewswire · 22h ago
Ocean Power Technologies Operates Three WAM-V Classes Across Five Mission Sets at REPMUS 2026
GlobeNewswire · 16d ago
Ocean Power Technologies demonstrates WAM-V 8 platform in surf-zone trial
Proactive · 19d ago
Ocean Power Technologies Advances WAM-V® Development Through U.S. Army Surf-Zone Testing
GlobeNewswire · 19d ago
Nasdaq ends higher as Wall Street weighs Fed rate path
Proactive · 19d ago
Ocean Power Technologies grows defense footprint as backlog rises in fiscal Q1
Proactive · 22d ago
Ocean Power Technologies, Inc. (OPTT) Reports Q1 Loss, Beats Revenue Estimates
Zacks · 23d ago
Ocean Power Technologies Announces First Quarter Fiscal 2027 Results
GlobeNewswire · 23d ago
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