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Ocean Power Technologies, Inc. (OPTT) stock

OPTTNYSEElectric ServicesFiscal year ends April 30
Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 14, 2026Score 8/3078% below fair value
$0.68+0.11 (+19.61%)

Close on Nov 12, 2026Market cap $6.16MP/E –Yield –

Ocean Power Technologies, Inc. saw revenue fall 25.8% to $4.26M over the twelve months to Jul 31, 2026. Free cash flow was -$28.09M. At the latest close the market valued the company at $6.16M.

Revenue
$4.26M
-25.8% vs. a year earlier
Operating income
-$46.36M
TTM Q1 2027
Free cash flow
-$28.09M
TTM Q1 2027
EPS, diluted
-$7.45
TTM Q1 2027

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Jul 31, 2026

Valuation

Market cap
$6.16M
P/E ratio
–
Price to sales
1.45
Price to book
0.73
Dividend yield
–
Free cash flow yield
-455.72%

Fundamentals

Revenue
$4.26M
Net income
-$52.07M
EPS, diluted
-$7.45
Free cash flow
-$28.09M
Book value per share
$1.03
Diluted shares
8M

Trading

Next earnings
Dec 15, 2026 (estimated, before the open)
Previous close
$0.57
Open
$0.56
Day's range
$0.55 – $0.89
Volume
7,479,814
Average volume (20 days)
1,292,406
Beta (5 years)
2.14
52-week range
$0.34 – $21.60
RSI (14 days)
43.4
Volatility (1 year)
133.1%
Relative volume
14.83×
WACC
15.6%

Market cap history

Month-end market cap since 2019, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

PeriodOPTTS&P 500DifferenceOPTT per yearS&P 500 per year
1 month-1.6%-2.7%+1.1 pts
3 months-88.6%-1.7%−86.9 pts
Year to date-92.4%+11.9%−104.3 pts
1 year-94.9%+12.0%−106.9 pts
3 years-91.6%+78.2%−169.7 pts-56.1%+21.2%
5 years-98.9%+73.2%−172.2 pts-59.5%+11.6%

Fifteen years at a glance

Fiscal years 2012 to 2026 and trailing twelve months, USD

Revenue

$4.26M-25.8% YoY

Gross profit

-$8.73M-833.5% YoY

Operating income

-$46.36M

Net income

-$52.07M

EPS, diluted

-$7.45

Free cash flow

-$28.09M
Reported periodTrailing twelve months

Press releases

Releases Ocean Power Technologies filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Ocean Power Technologies

Electric Services

Ocean Power Technologies, Inc. provides intelligent maritime solutions and domain awareness systems for ocean monitoring, defense, and offshore industry operations. The company offers integrated services including Data as a Service, Robotics as a Service, and Power as a Service. Core hardware platforms comprise the PowerBuoy, a renewable energy-powered autonomous offshore platform delivering continuous electrical power and data connectivity, and the WAM-V (Wave Adaptive Modular Vessel), a modular autonomous surface vehicle manufactured in multiple standard sizes. In addition, the firm provides Merrows, a software and hardware command and control system incorporating artificial intelligence and machine learning. OPT sells and leases these systems to United States and allied defense agencies, offshore energy operators, and commercial customers across maritime security, infrastructure inspection, and environmental monitoring sectors.

Company profile, executives and history

Ocean Power Technologies stock: common questions

What is Ocean Power Technologies's stock price?

OPTT closed at $0.68 on Nov 12, 2026, up 19.61% on the day. Over the past 52 weeks it traded between $0.34 and $21.60.

What is Ocean Power Technologies's market cap?

Ocean Power Technologies was worth $6.16M at the close on Nov 12, 2026: the share price times the diluted shares outstanding.

What is OPTT's P/E ratio?

Ocean Power Technologies lost money over the twelve months to Jul 31, 2026 (diluted EPS -$7.45), so it has no meaningful P/E ratio.

How much revenue does Ocean Power Technologies make?

Ocean Power Technologies reported revenue of $4.26M for the twelve months to Jul 31, 2026, down 25.8% from a year earlier.

Does Ocean Power Technologies pay a dividend?

No. Ocean Power Technologies has not paid a cash dividend over the last twelve months.

When does Ocean Power Technologies report earnings next?

Ocean Power Technologies is expected to report Q2 FY2027 results on Dec 15, 2026, before the open. The date is estimated from its past reporting pattern until the company confirms it.

How has OPTT stock performed over the past year?

Including dividends, OPTT returned -94.9% over the past year, against +12.0% for the S&P 500.

Who are Ocean Power Technologies's competitors?

Companies most similar to Ocean Power Technologies by business, industry and size include CPWR, CETY, ELLO, KITT, NVVE.

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