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OP

AMEX · OPTT

Ocean Power Technologies, Inc.

Industrials · Electrical Equipment & Parts

$0.96

Up+$0.07 (+7.31%)

Updated Oct 6, 2026, 7:17 PM

SID Score

5.5/10

Composite research score

Smart Money

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Institutional and insider signal

Market cap
80.72M
P/E ratio
-31.28
Dividend yield
0.00%
52-week range
$0.13 – $4.98
Volume
671.22K
Avg. volume
5.85M

Price performance · OPTT

OPTT price history

1M range · 20 trading sessions · Daily adjusted prices

Prices through Oct 5, 2026

OPTT closed at $0.96 after 20 trading sessions, down 80.21% for the selected period.

Last close
$0.96
Period change
-80.21%
Period low
$0.96
Period high
$4.85
Daily close
View OHLC price history
OPTT OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Oct 5, 2026$1.02$1.0435$0.9111$0.9594671.22K
Oct 2, 2026$1.04$1.11$1.00$1.02658.83K
Oct 1, 2026$1.30$1.38$1.015$1.02911.38K
Sep 30, 2026$1.40$1.42$1.27$1.34453.51K
Sep 29, 2026$1.65$1.66$1.35$1.36665.1K
Sep 28, 2026$1.96$1.97$1.67$1.67547.44K
Sep 25, 2026$2.10$2.15$2.00$2.01162.06K
Sep 24, 2026$2.11$2.29$2.05$2.09321.46K
Sep 23, 2026$2.10$2.22$2.0137$2.20222.56K
Sep 22, 2026$2.28$2.31$2.1101$2.12336.59K
Sep 21, 2026$2.18$2.3799$2.14$2.30431.53K
Sep 18, 2026$1.92$2.19$1.92$2.11567.89K
Sep 17, 2026$1.89$1.99$1.82$1.93359.39K
Sep 16, 2026$2.05$2.0699$1.75$1.82792.61K
Sep 15, 2026$2.54$2.60$2.00$2.05756.62K
Sep 14, 2026$3.23$3.23$2.4501$2.73762.58K
Sep 11, 2026$4.128$4.428$2.856$3.1952.12M
Sep 10, 2026$4.725$4.869$4.575$4.80204.38K
Sep 9, 2026$4.809$4.896$4.722$4.764145.32K
Sep 8, 2026$4.80$4.98$4.56$4.848426.27K

Latest OPTT news

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OPTT research

Overview

Company profile and research snapshot.

Company profile

Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.

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Analyst outlook

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Consensus
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Average target
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Implied upside
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Analysts
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OPTT recent ratings
DateFirmRatingTarget
Dec 18, 2025HC Wainwright & Co.Buy—
Sep 24, 2025Ladenburg ThalmannBuy—
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Yahoo · Sep 24, 2026

Ocean Power sales pipeline surpasses $150 million as NATO and U.S. Military evaluations advance

Ocean Power Technologies Acting CEO Tracy Pagliara and Jason Weed – Chief Operating Officer joined Steve Darling from Proactive to provide an update on the company's growing sales opportunities, defense-sector momentum, and expanding portfolio of autonomous maritime technologies. Pagliara revealed that Ocean Power Technologies' qualified sales pipeline has now exceeded $150 million, while its current backlog stands at approximately $20 million. She described the company as being on the verge of a significant growth phase as it works to convert existing opportunities into contracts and revenue. "We are on the verge of breaking out," Pagliara said, pointing to a growing number of large opportunities currently under evaluation. The company continues to focus on converting its backlog into revenue while simultaneously replenishing and expanding its pipeline through new customer engagements. A major contributor to that momentum has been OPT's participation in high-profile military and defense exercises. Weed highlighted the company's involvement in REPMUS 2026, one of NATO's largest maritime autonomous systems exercises, where Ocean Power Technologies worked directly with U.S. Navy and Marine Corps personnel. During the exercise, all three classes of the company's uncrewed surface vehicles—including its 8-foot, 16-foot, and 22-foot platforms—were successfully integrated into the Navy's common control architecture. The vessels were deployed across a range of operational scenarios, including mine countermeasure operations, intelligence gathering, surveillance, reconnaissance, and maritime security missions. Weed noted that the U.S. Navy conducted a formal evaluation of the platforms during the exercise, providing an important opportunity for the company to demonstrate the interoperability and operational effectiveness of its systems in a real-world multinational environment. Beyond NATO operations, Ocean Power Technologies recently completed another significant government evaluation with the U.S. Army Corps of Engineers at the agency's Field Research Facility in Duck, North Carolina. The three-day assessment tested the company's autonomous surface vehicles and sensor technologies in challenging surf-zone environments characterized by breaking waves, currents, and difficult coastal conditions. Weed said the demonstration followed extensive preparation and testing activities conducted off the California coast before deployment to the East Coast evaluation site. The Army Corps assessment focused on capabilities such as bathymetric mapping, submerged hazard detection, and coastal monitoring—applications that are increasingly important for both civil infrastructure projects and military operations. In addition to its growing maritime drone business, Pagliara highlighted continued opportunities for the company's PowerBuoy platform. Earlier this year, Ocean Power Technologies secured a contract with the U.S. Department of Homeland Security that resulted in the deployment of four PowerBuoys supporting U.S. Coast Guard operations. #proactiveinvestors #oceanpowertechnologiesinc #nyseamerican #optt #DefenseTech #MaritimeTechnology #NATO #USNavy #AutonomousSystems #USVs #MilitaryTechnology #CoastGuard #PowerBuoy #OceanTech #ISR #NationalSecurity #SteveDarling

Yahoo · Sep 21, 2026

Ocean Power Technologies Operates Three WAM-V Classes Across Five Mission Sets at REPMUS 2026

WAM-V unmanned surface vessels integrated with U.S. command and control and supported training for the U.S. Navy and Marine Corps personnel in autonomous operations during the multinational exercise in PortugalMONROE TOWNSHIP, N.J., Sept. 21, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure and autonomous ocean systems, today announced that three classes of its WAM-V® unmanned surface vessels o

Yahoo · Sep 18, 2026

Ocean Power Technologies demonstrates WAM-V 8 platform in surf-zone trial

Ocean Power Technologies Inc (NYSE-A:OPTT) said it put its WAM-V 8 platform through a formally evaluated demonstration in challenging surf-zone conditions, testing the autonomous vehicle at the US Army Corps of Engineers' Engineer Research and Development Center Field Research Facility in Duck,...

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