Ocean Power Technologies

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About OPTT

Ocean Power Technologies, Inc. engages in commercializing proprietary systems that generate electricity predominantly by harnessing the renewable energy of ocean waves. It offers PB3 PowerBuoy, which generates electricity by harnessing the renewable energy of ocean waves.

CEO

J. Philipp Stratmann

CEOJ. Philipp Stratmann

Employees

Employees53

Headquarters

Monroe Township, New Jersey

HeadquartersMonroe Township, New Jersey

Founded

1984

Founded1984

Employees

Employees53

OPTT Key Statistics

Market cap

76.62M

Market cap76.62M

Price-Earnings ratio

-2.16

Price-Earnings ratio-2.16

Dividend yield

—

Dividend yield—

Average volume

3.72M

Average volume3.72M

High today

$0.4169

High today$0.4169

Low today

$0.39

Low today$0.39

Open price

$0.4022

Open price$0.4022

Volume

4.09M

Volume4.09M

52 Week high

$0.90

52 Week high$0.90

52 Week low

$0.29

52 Week low$0.29

Stock Snapshot

The current Ocean Power Technologies(OPTT) stock price is $0.40, with a market capitalization of 76.62M. The stock trades at a price-to-earnings (P/E) ratio of -2.16.

On 2026-02-27, Ocean Power Technologies(OPTT) stock traded between a low of $0.39 and a high of $0.42. Shares are currently priced at $0.40, which is +2.5% above the low and -4.1% below the high.

Ocean Power Technologies(OPTT) shares are trading with a volume of 4.09M, against a daily average of 3.72M.

During the past year, Ocean Power Technologies(OPTT) stock moved between $0.29 at its lowest and $0.90 at its peak.

OPTT News

TipRanks 3d

Ocean Power Technologies Expands Maritime Autonomy with Greece Deployment

The latest announcement is out from Ocean Power Technologies ( (OPTT) ). On February 23, 2026, Ocean Power Technologies reported that it had shipped a WAM-V au...

TipRanks 4d

Ocean Power receives $1.5M U.S. Coast Guard order for buoy systems

Ocean Power (OPTT) Technologies announced it has received an approximate $1.5 million Purchase Order from the United States Coast Guard for the installation and...

TipRanks 5d

Ocean Power provides update on offshore autonomy infrastructure roadmap

Ocean Power (OPTT) Technologies provided an operational update highlighting continued global deployments and progress on its offshore autonomy infrastructure ro...

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