OPTT Share Price | Ocean Power Technologies, Inc. Stock Analysis & Recommendation

Q: What does Ocean Power Technologies, Inc. do?

Overview:Ocean Power Technologies, Inc. is engaged in developing and commercializing systems that generate electricity from ocean waves, operating within the Electronics & Appliances industry and classified as a micro-cap company.Financial Snapshot:Most recent Net Sales: 1 Million (Quarterly Results - Jan 2025) Most recent Net Profit: -7 Million (Quarterly Results - Jan 2025) Market cap: USD 90.62 Million (Micro Cap)Key Metrics:P/E: NA (Loss Making) Industry P/E: NA Dividend Yield: 0.00% Debt Equity: -0.31 Return on Equity: -72.38% Price to Book: 3.13Contact Details:Address: 28 Engelhard Dr Ste B, MONROE TOWNSHIP NJ: 08831-3720 Tel: 1 609 7300400 Website: http://www.oceanpowertechnologies.com

Q: Is Ocean Power Technologies, Inc. overvalued or undervalued?

As of 9 March 2020, the valuation grade for Ocean Power Technologies, Inc. changed from does not qualify to risky, indicating a shift in perception regarding its financial health. The company appears to be overvalued based on its current metrics, particularly given its negative P/E ratio, a price-to-book value of 3.25, and an EV to EBITDA of -4.36. These ratios suggest that the company is struggling to generate positive earnings, which is further emphasized by its ROCE of -104.91% and ROE of -72.38%.In comparison to its peers, Ocean Power Technologies has a less favorable EV to EBITDA ratio than CBAK Energy Technology, Inc. at -14.5823 and NeoVolta, Inc. at -33.2719, highlighting its relative underperformance within the industry. Additionally, while the company has seen a remarkable 176.19% return over the past year, this is overshadowed by a significant year-to-date decline of -50.07% compared to the S&P 500's 12.22% return, reinforcing the notion that the stock may be overvalued in its current state.

Q: Is Ocean Power Technologies, Inc. technically bullish or bearish?

As of 1 August 2025, the technical trend for Ocean Power Technologies, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by daily moving averages indicating mild bullishness, while the monthly MACD and Bollinger Bands also show mild bullish signals. However, the weekly MACD and KST are mildly bearish, and the monthly RSI is bearish, suggesting mixed signals across different time frames. In terms of performance, the stock has underperformed the S&P 500 year-to-date with a return of -50.07% compared to the S&P's 12.22%, but it has significantly outperformed over the past year with a return of 176.19% versus 17.14% for the benchmark.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

4.92 M

Shareholding (Oct 2025)

FII

0.24%

Held by 15 FIIs

DII

95.44%

Held by 6 DIIs

Promoter

0.00%

How big is Ocean Power Technologies, Inc.?

22-Jun-2025

As of Jun 18, Ocean Power Technologies, Inc. has a market capitalization of 90.62 million and reported net sales of 6.11 million with a net loss of 21.80 million over the latest four quarters. The company's shareholder's funds were 19.34 million, and total assets amounted to 28.70 million.

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What does Ocean Power Technologies, Inc. do?

22-Jun-2025

Ocean Power Technologies, Inc. develops systems that generate electricity from ocean waves and is classified as a micro-cap company with a market cap of approximately $90.62 million. As of January 2025, it reported net sales of $1 million and a net loss of $7 million.

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Who are in the management team of Ocean Power Technologies, Inc.?

22-Jun-2025

As of March 2022, the management team of Ocean Power Technologies, Inc. includes Mr. George Kirby as President, CEO, and Director, and Mr. Terence Cryan as Chairman of the Board.

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Is Ocean Power Technologies, Inc. overvalued or undervalued?

20-Sep-2025

As of March 9, 2020, Ocean Power Technologies, Inc. is considered a risky investment due to its negative financial metrics, including a negative P/E ratio and poor returns compared to its peers and the S&P 500, indicating it may be overvalued.

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Is Ocean Power Technologies, Inc. technically bullish or bearish?

20-Sep-2025

As of August 1, 2025, Ocean Power Technologies, Inc. shows a mildly bullish trend with mixed signals across time frames, having underperformed the S&P 500 year-to-date at -50.07% but significantly outperformed it over the past year with a return of 176.19%.

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Score

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Strong Sell

Sell

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Strong Buy

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Dashboard

Unrated Stock - No Analysis Available

Mojo Parameters

Stock DNA

Industry

Electronics & Appliances

Market cap

USD 78 Million (Micro Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.01

Return on Equity

-136.87%

Price to Book

3.50

Revenue and Profits:

Net Sales:

0 Million

(Quarterly Results - Oct 2025)

Net Profit:

-11 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-81.56%

6 Months

-81.56%

1 Year

-81.56%

2 Years

-81.56%

3 Years

-61.59%

4 Years

-71.31%

5 Years

-96.82%

Ocean Power Technologies, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

28.39%

EBIT Growth (5y)

-37.90%

EBIT to Interest (avg)

-21.76

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-0.31

Sales to Capital Employed (avg)

0.19

Tax Ratio

Dividend Payout Ratio

Pledged Shares

Institutional Holding

10.71%

ROCE (avg)

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

3.25

EV to EBIT

-4.05

EV to EBITDA

-4.36

EV to Capital Employed

4.25

EV to Sales

13.89

PEG Ratio

Dividend Yield

ROCE (Latest)

-104.91%

ROE (Latest)

-72.38%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

Bearish

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Mildly Bearish

Dow Theory

Mildly Bullish

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Oct 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 5 Schemes (4.31%)

Foreign Institutions

Held by 15 Foreign Institutions (0.24%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "val2": "-3.60",
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          "val1": "0.60",
          "val2": "0.00",
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          "chgp_class": "neutral"
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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          "field": "Consolidate Net Profit",
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          "val2": "-3.90",
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          "chgp_class": "negative"
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          "field": "Operating Profit Margin (Excl OI)",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Apr 2025 is 21.82% vs -4.56% in Apr 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Apr'25",
        "Apr'24",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-19.90",
          "val2": "-28.20",
          "chgp": "29.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.80",
          "val2": "0.10",
          "chgp": "-900.00%",
          "chgp_class": "negative"
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        {
          "field": "Consolidate Net Profit",
          "val1": "-21.50",
          "val2": "-27.50",
          "chgp": "21.82%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-3,700.10%",
          "val2": "-5,321.80%",
          "chgp": "162.17%",
          "chgp_class": "positive"
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]

Quarterly Results Snapshot (Consolidated) - Oct'25 - YoY

Oct'25

Oct'24

Change(%)

Net Sales

0.40

2.40

-83.33%

Operating Profit (PBDIT) excl Other Income

-9.70

-3.60

-169.44%

Interest

0.60

0.00

Exceptional Items

0.00

Consolidate Net Profit

-10.80

-3.90

-176.92%

Operating Profit Margin (Excl OI)

-23,875.00%

-1,619.10%

-2,225.59%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Oct 2025 is -83.33% vs 166.67% in Oct 2024

Consolidated Net Profit

YoY Growth in quarter ended Oct 2025 is -176.92% vs 45.83% in Oct 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Apr'25

Apr'25

Apr'24

Change(%)

Net Sales

5.90

5.50

7.27%

Operating Profit (PBDIT) excl Other Income

-19.90

-28.20

29.43%

Interest

0.00

Exceptional Items

-0.80

0.10

-900.00%

Consolidate Net Profit

-21.50

-27.50

21.82%

Operating Profit Margin (Excl OI)

-3,700.10%

-5,321.80%

162.17%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Apr 2025 is 7.27% vs 103.70% in Apr 2024

Consolidated Net Profit

YoY Growth in year ended Apr 2025 is 21.82% vs -4.56% in Apr 2024

All Annual Results

Company CV

About Ocean Power Technologies, Inc.

Ocean Power Technologies, Inc.

Electronics & Appliances

Ocean Power Technologies, Inc. is developing and seeking to commercialize its systems that generate electricity by connecting the renewable energy of ocean waves. The Company's PowerBuoy systems use technologies that convert the mechanical energy created by the rising and falling of ocean waves into electricity. The Company focuses on developing its PowerBuoy product line, which is based on modular, ocean-going buoys. Its autonomous PowerBuoy generates power for use in remote locations, independent of an existing power grid. The Company focuses on developing and commercializing its PowerBuoy products and services for use in autonomous power applications. The Company markets its PowerBuoys in the United States and internationally. The autonomous PowerBuoy integrates a power take-off (PTO) and onboard system for energy storage and management. Its PowerBuoy product is the PB3. PB3 can act as an uninterruptable power supply (UPS), which recharges itself by harvesting energy from the waves.

Company Coordinates

Company Details

28 Engelhard Dr Ste B , MONROE TOWNSHIP NJ : 08831-3720

Tel: 1 609 7300400

http://www.oceanpowertechnologies.com

Registrar Details

Ocean Power Technologies, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is Ocean Power Technologies, Inc.?

Watch in Real-Time

What does Ocean Power Technologies, Inc. do?

Who are in the management team of Ocean Power Technologies, Inc.?

Is Ocean Power Technologies, Inc. overvalued or undervalued?

Is Ocean Power Technologies, Inc. technically bullish or bearish?

Compare Ocean Power Technologies, Inc. with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Oct 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Oct'25 - YoY

Annual Results Snapshot (Consolidated) - Apr'25

About Ocean Power Technologies, Inc.

Company Coordinates