Ocean Power Technologies, Inc.
Ocean Power Technologies, Inc.
Your view on OPTT
Overview
What the company does, where it operates, and who runs it.
About Ocean Power Technologies, Inc.
- Industry
- Electrical Equipment & Parts
- Sector
- Industrials
- CEO
- Philipp Stratmann
- Headquarters
- 28 Engelhard Drive, Monroe Township, NJ, US
- Industry
- Electrical Equipment & Parts
- Sector
- Industrials
- CEO
- Philipp Stratmann
- Headquarters
- 28 Engelhard Drive, Monroe Township, NJ, US
Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in offshore locations.
The company also provides hybrid PowerBuoy products; subsea battery systems; and software, controls, sensors, integration services, and marine installation services.
In addition, it offers distributed offshore power and communications for remote surface and subsea applications in markets, such as defense and security, offshore oil and gas, science and research, and offshore wind.
Further, the company provides 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.
Additionally, it offers offshore data collection, integration, analytics, and real time communication for various applications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Ocean Power Technologies, Inc., and the rating behind it. OPTT last traded at $0.11; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Ocean Power Technologies, Inc.. Starting points for Ocean Power Technologies, Inc.: EPS -$0.21, beta 2.60 — an Electrical Equipment & Parts name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Ocean Power Technologies, Inc.. Ocean Power Technologies, Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Ocean Power Technologies, Inc.. Trailing twelve-month EPS for Ocean Power Technologies, Inc. stands at -$0.21. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Ocean Power Technologies, Inc.. Ocean Power Technologies, Inc. has reported as a listed company since 2007. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Ocean Power Technologies, Inc. valued side by side against its closest peers. Ocean Power Technologies, Inc. is measured against Electrical Equipment & Parts peers within the Industrials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Ocean Power Technologies, Inc., and how their positions are changing. At a $20.7M market value, institutional positions materially move Ocean Power Technologies, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Ocean Power Technologies, Inc. executives and directors. Shares of Ocean Power Technologies, Inc. have traded between $0.15 and $1.75 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Ocean Power Technologies, Inc.. Ocean Power Technologies, Inc. is a $20.7M Industrials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Ocean Power Technologies, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Ocean Power Technologies, Inc.. Coverage tracks Ocean Power Technologies, Inc. within Electrical Equipment & Parts (Industrials). Press releases and market coverage, newest first.