(OPTT) Ocean Power Technologies - Ratings and Ratios
Exchange: NYSE MKT • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6748705067
OPTT: Renewable Energy, Power Platforms, Underwater Batteries, Robotics, Sensors, Software
Ocean Power Technologies, Inc. develops and commercializes proprietary power platforms that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, Australia, and Asia. The company offers PB3 PowerBuoy that generates power for use independent of the power grid in offshore locations. It also provides Next Generation PowerBuoy; subsea battery systems; and software, controls, sensors, integration services, and marine installation services. In addition, the company offers 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. Further, the company provides offshore data collection, integration, analytics, and real time communication for various applications. Ocean Power Technologies, Inc. serves public and private entities, and agencies that require remote offshore power. The company offers was incorporated in 1984 and is headquartered in Monroe Township, New Jersey. Web URL: https://www.oceanpowertechnologies.com
Additional Sources for OPTT Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
OPTT Stock Overview
| Market Cap in USD | 46m |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| GiC Sub-Industry | Heavy Electrical Equipment |
| IPO / Inception | 2007-04-25 |
OPTT Stock Ratings
| Growth 5y | -20.8% |
| Fundamental | -39.1% |
| Dividend | - |
| Rel. Strength Industry | 814 |
| Analysts | - |
| Fair Price Momentum | 0.94 USD |
| Fair Price DCF | - |
OPTT Dividends
No Dividends PaidOPTT Growth Ratios
| Growth Correlation 3m | 84.9% |
| Growth Correlation 12m | -10% |
| Growth Correlation 5y | -69.1% |
| CAGR 5y | 0.90% |
| CAGR/Mean DD 5y | 0.01 |
| Sharpe Ratio 12m | 1.45 |
| Alpha | 192.30 |
| Beta | 1.82 |
| Volatility | 262.95% |
| Current Volume | 16904k |
| Average Volume 20d | 55121k |
What is the price of OPTT stocks?
As of January 22, 2025, the stock is trading at USD 0.92 with a total of 16,904,029 shares traded.
Over the past week, the price has changed by +3.29%, over one month by +174.16%, over three months by +472.31% and over the past year by +236.65%.
As of January 22, 2025, the stock is trading at USD 0.92 with a total of 16,904,029 shares traded.
Over the past week, the price has changed by +3.29%, over one month by +174.16%, over three months by +472.31% and over the past year by +236.65%.
Is Ocean Power Technologies a good stock to buy?
Probably not. Based on ValueRay Fundamental Analyses, Ocean Power Technologies (NYSE MKT:OPTT) is currently (January 2025) not a good stock to buy. It has a ValueRay Fundamental Rating of -39.10 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of OPTT as of January 2025 is 0.94. This means that OPTT is currently overvalued and has a potential downside of 2.17%.
Probably not. Based on ValueRay Fundamental Analyses, Ocean Power Technologies (NYSE MKT:OPTT) is currently (January 2025) not a good stock to buy. It has a ValueRay Fundamental Rating of -39.10 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of OPTT as of January 2025 is 0.94. This means that OPTT is currently overvalued and has a potential downside of 2.17%.
Is OPTT a buy, sell or hold?
Ocean Power Technologies has no consensus analysts rating.
Ocean Power Technologies has no consensus analysts rating.
What are the forecast for OPTT stock price target?
According to ValueRays Forecast Model, OPTT Ocean Power Technologies will be worth about 1.1 in January 2026. The stock is currently trading at 0.92. This means that the stock has a potential upside of +16.3%.
According to ValueRays Forecast Model, OPTT Ocean Power Technologies will be worth about 1.1 in January 2026. The stock is currently trading at 0.92. This means that the stock has a potential upside of +16.3%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 6 | 552.2% |
| Analysts Target Price | 6 | 552.2% |
| ValueRay Target Price | 1.1 | 16.3% |