OPTT
Ocean Power Technologies, Inc.
There isn't enough reported data to score OPTT yet.
OPTT Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Unavailable |
OPTT's revenue, profitability and cash flow are currently under pressure. There isn't enough data to rate its balance sheet.
OPTT PE Valuation
OPTT has no meaningful PE right now: it lost money over the past year.
OPTT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| Moderate |
Analysts expect OPTT's losses to shrink, with revenue growing.
OPTT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$7.58 | -$2.78 |
| Q2 2026 | -$7.50 | -$2.40 |
| Q1 2026 | -$6.00 | +$1.50 |
| Q4 2025 | -$5.40 | +$4.20 |
| Q3 2025 | -$4.80 | +$7.20 |
| Q2 2025 | -$5.10 | +$9.00 |
| Q1 2023 | -$11.70 | +$0.73 |
| Q4 2022 | -$11.40 | +$0.73 |
OPTT is still losing money, but far less than before: $7.58 per share over the past year, against $18.43 at its worst in early 2021.
OPTT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7M | +44% |
| Q2 2026 | $1.6M | +23% |
| Q1 2026 | $513K | -38% |
| Q4 2025 | $424K | -82% |
| Q3 2025 | $1.2M | -9.1% |
| Q2 2025 | $1.3M | -16% |
| Q1 2025 | $825K | -54% |
| Q4 2024 | $2.4M | +172% |
OPTT's revenue is recovering but still below its 2024 peak: $2M last quarter, up 44% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -885% | -287 points |
| Q2 2026 | -744% | -180 points |
| Q1 2026 | -1777% | -1065 points |
| Q4 2025 | -2388% | -2226 points |
| Q3 2025 | -599% | -255 points |
| Q2 2025 | -564% | -134 points |
| Q1 2025 | -712% | -282 points |
| Q4 2024 | -162% | +680 points |
OPTT's operating margin was −885% last quarter, down 287 points from the same quarter a year ago.
OPTT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$10.4M | -$3.3M |
| Q2 2026 | -$3.1M | +$1.1M |
| Q1 2026 | -$6.8M | -$2.9M |
| Q4 2025 | -$7.8M | -$3.3M |
| Q3 2025 | -$7.1M | -$560K |
| Q2 2025 | -$4.2M | +$2.3M |
| Q1 2025 | -$4M | +$5.8M |
| Q4 2024 | -$4.5M | +$3.6M |
OPTT has burned cash in almost every quarter: −$28M over the past year, against −$20M the year before.
OPTT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +26% | +1.7M shares |
| 1 year | +67% | +3.3M shares |
| 3 years | +723% | +7.2M shares |
OPTT has 8M diluted shares, up 67% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | $2,000 |
| Q2 2023 | — |
| Q2 2021 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | — |
OPTT Net Leverage
OPTT's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
OPTT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 25.9 | Oversold |
| Stochastic | 2.5 | Oversold |
OPTT's weekly RSI is 26 (oversold) and its Stochastic is 3 (oversold).
OPTT PE vs Industrials Sector
OPTT has no meaningful PE right now: it lost money over the past year.
OPTT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.84 | 19% below |
| 20 week MA | $3.51 | 81% below |
| 50 week MA | $8.17 | 92% below |
| 100 week MA | $12.4 | 95% below |
| 200 week MA | $11.7 | 94% below |
OPTT is in a downtrend: it's below all five of its weekly moving averages, and 94% below its 200-week average.
OPTT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $26.7 | $93.3 | +249% |
| 2021 | $93.3 | $53.1 | -43% |
| 2022 | $53.1 | $15.1 | -72% |
| 2023 | $15.1 | $9.48 | -37% |
| 2024 | $9.48 | $14.3 | +51% |
| 2025 | $14.3 | $10.3 | -28% |
| 2026 YTD | $10.3 | $0.68 | -93% |
OPTT's yearly returns have swung widely, from +249% in 2020 to −72% in 2022. It's down 93% so far in 2026.