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OPTT Stock Forecast 2026-2027
$0.29
Current Price
$66.42M
Market Cap
Buy 2
Hold 0
Sell 0
Wall St Analyst Ratings
Distance to OPTT Price Targets
+414.9%
To High Target of $1.50
+414.9%
To Median Target of $1.50
+414.9%
To Low Target of $1.50
OPTT Price Momentum
-23.7%
1 Week Change
-19.4%
1 Month Change
-46.3%
1 Year Change
-3.3%
Year-to-Date Change
-67.6%
From 52W High of $0.90
+0.5%
From 52W Low of $0.29
📊 TOP ANALYST CALLS
Did OPTT Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Ocean Power is one of their latest high-conviction picks.
Latest OPTT Stock Price Targets & Analyst Predictions
Based on our analysis of 1 Wall Street analyst, OPTT has a bullish consensus with a median price target of $1.50 (ranging from $1.50 to $1.50). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $0.29, the median forecast implies a 414.9% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
OPTT Analyst Ratings
2
Buy
0
Hold
0
Sell
OPTT Price Target Range
Low
$1.50
Average
$1.50
High
$1.50
Current: $0.29
Latest OPTT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for OPTT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 18, 2025 | HC Wainwright & Co. | Buy | Initiates | $N/A | |
| Sep 24, 2025 | Ladenburg Thalmann | Buy | Initiates | $N/A | |
| Nov 25, 2020 | Ascendiant Capital | Strong Buy | Initiates | $N/A | |
| May 9, 2013 | Ascendiant Capital | Strong Buy | Initiates | $N/A |
Ocean Power Technologies Inc. (OPTT) Competitors
The following stocks are similar to Ocean Power based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Ocean Power Technologies Inc. (OPTT) Financial Data
Ocean Power Technologies Inc. has a market capitalization of $66.42M with a P/E ratio of -1.7x. The company generates $3.44M in trailing twelve-month revenue with a 28.3% profit margin.
Revenue growth is -37.8% quarter-over-quarter, while maintaining an operating margin of -1,777.4% and return on equity of -147.0%.
Valuation Metrics
Market Cap
$66.42M
Enterprise Value
$89.97M
P/E Ratio
-1.7x
PEG Ratio
0.0x
Price/Sales
25.8x
Growth & Margins
Revenue Growth (YoY)
-37.8%
Gross Margin
-147.2%
Operating Margin
-1,777.4%
Net Margin
+28.3%
EPS Growth
-37.8%
Financial Health
Cash/Price Ratio
+10.6%
Current Ratio
1.1x
Debt/Equity
42.6x
ROE
-147.0%
ROA
-55.8%
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Ocean Power Technologies Inc. (OPTT) Business Model
About Ocean Power Technologies Inc.
What They Do
Harnesses ocean waves to generate electricity.
Business Model
The company develops and commercializes systems that convert ocean wave energy into electricity, generating revenue by serving various industries such as defense, communications, and offshore oil and gas. Its innovative products, like the PowerBuoy, not only produce renewable energy but also offer capabilities for data collection and communication.
Additional Information
Founded in 1984 and based in Monroe Township, New Jersey, Ocean Power Technologies is committed to enhancing energy security and minimizing environmental impacts through its renewable energy solutions. The company plays a significant role in the transition to green energy and is continuously innovating its products and services.
Company Information
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
53
CEO
Dr. Philipp Stratmann
Country
United States
IPO Year
2007
Website
www.oceanpowertechnologies.comOcean Power Technologies Inc. (OPTT) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
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CGEH is capitalizing on surging demand for reliable on-site power, fueled by data center expansion, grid constraints, CHP adoption and improving margins.
Jun 04, 2026
By Debasmita Chatterjee
Microcap Article
Latest News
Quick Summary
Ocean Power Technologies Inc is expanding its defense activities in Europe, particularly in Poland and Norway, focusing on maritime security and autonomous systems.
Why It Matters
Ocean Power Technologies' expansion into defense initiatives in Europe signals growth potential and diversification, which can enhance revenue streams and attract investor interest in renewable technologies.
Source: Proactive Investors
Market Sentiment:
Positive
Quick Summary
Ocean Power Technologies (NYSE: OPTT) is expanding its defense activities in Europe, engaging in maritime security and autonomous systems in Poland and Norway.
Why It Matters
Ocean Power Technologies' expansion into European defense markets signals growth potential and diversification, which could enhance revenue streams and boost investor confidence in its future performance.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Ocean Power Technologies scales PowerBuoy fleet in the US, expands autonomous vessels overseas
18 days ago
Quick Summary
Ocean Power Technologies Inc (NYSE-A:OPTT) has deployed five US PowerBuoy systems, including three for the Department of Homeland Security and one for US Navy research, expanding its global presence.
Why It Matters
Ocean Power Technologies' expansion and partnerships with US military and research institutions signal increased demand for renewable energy solutions, potentially boosting revenue and market confidence.
Source: Proactive Investors
Market Sentiment:
Positive
Quick Summary
Ocean Power Technologies, Inc. announced an expansion in its global deployment for U.S. government, international, and research customers, enhancing its low-carbon marine power solutions.
Why It Matters
Ocean Power Technologies' expansion signals growth potential and increased demand for low-carbon energy solutions, which could enhance revenue and investor confidence in the company.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Ocean Power Technologies deploys three PowerBuoy systems for DHS network off San Diego - ICYMI
21 days ago
Quick Summary
Ocean Power Technologies deployed three PowerBuoy systems for a DHS surveillance network off San Diego, marking its largest multi-buoy deployment and an operational milestone.
Why It Matters
The successful deployment of multiple PowerBuoy systems enhances Ocean Power Technologies' credibility and operational capacity, potentially leading to increased demand and revenue growth.
Source: Proactive Investors
Market Sentiment:
Positive
Ocean Power Technologies deploys PowerBuoy systems for US Homeland Security maritime surveillance
25 days ago
Quick Summary
Ocean Power Technologies (NYSE-A: OPTT) deployed three PowerBuoy systems for the US Department of Homeland Security to enhance maritime surveillance off California, enabling real-time data transmission.
Why It Matters
The deployment of PowerBuoy systems enhances Ocean Power Technologies' capabilities, potentially increasing revenue through government contracts and strengthening its position in the maritime tech sector.
Source: Proactive Investors
Market Sentiment:
Positive
Frequently Asked Questions About OPTT Stock
What is Ocean Power Technologies Inc.'s (OPTT) stock forecast for 2026?
Based on our analysis of 1 Wall Street analysts, Ocean Power Technologies Inc. (OPTT) has a median price target of $1.50. The highest price target is $1.50 and the lowest is $1.50.
Is OPTT stock a good investment in 2026?
According to current analyst ratings, OPTT has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.29. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for OPTT stock?
Wall Street analysts predict OPTT stock could reach $1.50 in the next 12 months. This represents a 414.9% increase from the current price of $0.29. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Ocean Power Technologies Inc.'s business model?
The company develops and commercializes systems that convert ocean wave energy into electricity, generating revenue by serving various industries such as defense, communications, and offshore oil and gas. Its innovative products, like the PowerBuoy, not only produce renewable energy but also offer capabilities for data collection and communication.
What is the highest forecasted price for OPTT Ocean Power Technologies Inc.?
The highest price target for OPTT is $1.50 from at , which represents a 414.9% increase from the current price of $0.29.
What is the lowest forecasted price for OPTT Ocean Power Technologies Inc.?
The lowest price target for OPTT is $1.50 from at , which represents a 414.9% increase from the current price of $0.29.
What is the overall OPTT consensus from analysts for Ocean Power Technologies Inc.?
The overall analyst consensus for OPTT is bullish. Out of 1 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $1.50.
How accurate are OPTT stock price projections?
Stock price projections, including those for Ocean Power Technologies Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: June 6, 2026 9:35 AM UTC