OPTT Stock Summary and Trading Ideas (Ocean Power Techs | AMEX:OPTT)

Ocean Power Technologies Inc is specializing in intelligent maritime solutions. These solutions include a variety of as a service systems, including Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). It design, manufacture, deploy, and operate these systems for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. The company operates as one operating segment. Majority of revenue comes from Europe followed by North & South America; and followed by Asia and Australia.

Ocean Power Techs trades on the AMEX stock market under the symbol OPTT.

As of September 23, 2026, OPTT stock price climbed to $2.20 with 212,073 million shares trading.

OPTT has a beta of 3.51, meaning it tends to be more sensitive to market movements. OPTT has a correlation of 0.17 to the broad based SPY ETF.

OPTT has a market cap of $19.81 million. This is considered a Sub-Micro Cap stock.

Last quarter Ocean Power Techs reported $2 million in Revenue and -$1.28 earnings per share. This fell short of revenue expectation by $-59,800 and missed earnings estimates by -$.68.

In the last 3 years, OPTT traded as high as $52.50 and as low as $1.75.

The top ETF exchange traded funds that OPTT belongs to (by Net Assets): VTI, VXF.

OPTT has underperformed the market in the last year with a price return of -85.4% while the SPY ETF gained +16.9%. OPTT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -73.5% and -53.8%, respectively, while the SPY returned +4.9% and +1.0%, respectively.

OPTT support price is $1.98 and resistance is $2.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OPTT shares will trade within this expected range on the day.