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Ocean Power Technologies, Inc. (OPTT) Stock Fundamental Analysis & AI Rating 2026

OPTT NYSE Electric Services NJ CIK: 0001378140
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2026-01-31
STRONG SELL
88% Conf
Pending
Analysis scheduled

📊 OPTT Key Takeaways

Revenue: $2.1M
Net Margin: -1,395.8%
Free Cash Flow: $-21.7M
Current Ratio: 1.07x
Debt/Equity: 0.02x
EPS: $-0.16
AI Rating: STRONG SELL with 88% confidence
Ocean Power Technologies, Inc. (OPTT) receives a STRONG SELL rating with 88% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.1M, net profit margin of -1,395.8%, and return on equity (ROE) of -147.2%, Ocean Power Technologies, Inc. demonstrates mixed fundamentals in the Utilities sector. Below is our complete OPTT stock analysis for 2026.

Is Ocean Power Technologies, Inc. (OPTT) a Good Investment?

Claude

Ocean Power Technologies faces critical going concern risk with only ~4 months of cash runway against $19.9M annual operating burn, while operating at deeply negative gross margins (-101.8%). Although revenue growth (12,370% YoY) and improving loss margins (21.7% YoY) signal early commercialization momentum, the company lacks viable path to profitability without immediate capital infusion.

Why Buy Ocean Power Technologies, Inc. Stock? OPTT Key Strengths

Claude
  • + Exceptional revenue growth of 12,370% YoY demonstrates emerging commercialization and product-market traction
  • + Operating losses improving 21.7% YoY and diluted EPS improving 63.8% YoY indicate trajectory toward breakeven
  • + Fortress balance sheet with minimal leverage (Debt/Equity 0.02x) and no significant debt burden

OPTT Stock Risks: Ocean Power Technologies, Inc. Investment Risks

Claude
  • ! Acute liquidity crisis: $7.1M cash against $19.9M annual operating burn provides only ~4 months survival runway
  • ! Unsustainable unit economics with negative gross margins (-101.8%) indicating costs exceed revenue fundamentally
  • ! Deteriorating liquidity ratios with quick ratio of 0.81x and current ratio of 1.07x provide minimal operational cushion

Key Metrics to Watch

Claude
  • * Monthly cash burn trend and remaining runway before capital requirement
  • * Gross margin progression toward positive contribution margins per unit
  • * Revenue growth sustainability and average revenue per customer metrics

Ocean Power Technologies, Inc. (OPTT) Financial Metrics & Key Ratios

Revenue
$2.1M
Net Income
$-29.6M
EPS (Diluted)
$-0.16
Free Cash Flow
$-21.7M
Total Assets
$41.1M
Cash Position
$7.1M

💡 AI Analyst Insight

Ocean Power Technologies, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

OPTT Profit Margin, ROE & Profitability Analysis

Gross Margin -101.8%
Operating Margin -1,242.0%
Net Margin -1,395.8%
ROE -147.2%
ROA -71.9%
FCF Margin -1,023.0%

OPTT vs Utilities Sector: How Ocean Power Technologies, Inc. Compares

How Ocean Power Technologies, Inc. compares to Utilities sector averages

Net Margin
OPTT -1,395.8%
vs
Sector Avg 12.0%
OPTT Sector
ROE
OPTT -147.2%
vs
Sector Avg 10.0%
OPTT Sector
Current Ratio
OPTT 1.1x
vs
Sector Avg 0.8x
OPTT Sector
Debt/Equity
OPTT 0.0x
vs
Sector Avg 1.4x
OPTT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Ocean Power Technologies, Inc. Stock Overvalued? OPTT Valuation Analysis 2026

Based on fundamental analysis, Ocean Power Technologies, Inc. has mixed fundamental signals relative to the Utilities sector in 2026.

Return on Equity
-147.2%
Sector avg: 10%
Net Profit Margin
-1,395.8%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.02x
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Ocean Power Technologies, Inc. Balance Sheet: OPTT Debt, Cash & Liquidity

Current Ratio
1.07x
Quick Ratio
0.81x
Debt/Equity
0.02x
Debt/Assets
51.2%
Interest Coverage
N/A
Long-term Debt
$396.0K

OPTT Revenue & Earnings Growth: 5-Year Financial Trend

OPTT 5-year financial data: Year 2019: Revenue $632.0K, Net Income N/A, EPS N/A. Year 2020: Revenue $1.7M, Net Income N/A, EPS N/A. Year 2021: Revenue $1.7M, Net Income -$10.4M, EPS N/A. Year 2022: Revenue $1.8M, Net Income -$14.8M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Ocean Power Technologies, Inc.'s revenue has grown significantly by 178% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.47 indicates the company is currently unprofitable.

OPTT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-1,023.0%
Free cash flow / Revenue

OPTT Quarterly Earnings & Performance

Quarterly financial performance data for Ocean Power Technologies, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $513.0K -$6.7M $-0.04
Q2 2026 $424.0K -$3.9M $-0.04
Q1 2026 $1.2M -$4.5M $-0.04
Q3 2025 $825.0K -$6.5M $-0.04
Q2 2025 $889.0K -$3.9M $-0.04
Q1 2025 $1.3M -$4.5M $-0.05
Q3 2024 $734.0K -$6.1M $-0.11
Q2 2024 $303.0K -$4.8M $-0.09

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Ocean Power Technologies, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$19.9M
Cash generated from operations
Stock Buybacks
$14.0K
Shares repurchased (TTM)
Capital Expenditures
$1.8M
Investment in assets
Dividends
None
No dividend program

OPTT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Ocean Power Technologies, Inc. (CIK: 0001378140)

📋 Recent SEC Filings

Date Form Document Action
Apr 1, 2026 8-K form8-k.htm View →
Mar 26, 2026 8-K form8-k.htm View →
Mar 17, 2026 10-Q form10-q.htm View →
Mar 13, 2026 8-K form8-k.htm View →
Mar 6, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about OPTT

What is the AI rating for OPTT?

Ocean Power Technologies, Inc. (OPTT) has an AI rating of STRONG SELL with 88% confidence, based on fundamental analysis of SEC EDGAR filings.

What are OPTT's key strengths?

Claude: Exceptional revenue growth of 12,370% YoY demonstrates emerging commercialization and product-market traction. Operating losses improving 21.7% YoY and diluted EPS improving 63.8% YoY indicate trajectory toward breakeven.

What are the risks of investing in OPTT?

Claude: Acute liquidity crisis: $7.1M cash against $19.9M annual operating burn provides only ~4 months survival runway. Unsustainable unit economics with negative gross margins (-101.8%) indicating costs exceed revenue fundamentally.

What is OPTT's revenue and growth?

Ocean Power Technologies, Inc. reported revenue of $2.1M.

Does OPTT pay dividends?

Ocean Power Technologies, Inc. does not currently pay dividends.

Where can I find OPTT SEC filings?

Official SEC filings for Ocean Power Technologies, Inc. (CIK: 0001378140) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OPTT's EPS?

Ocean Power Technologies, Inc. has a diluted EPS of $-0.16.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is OPTT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Ocean Power Technologies, Inc. has a STRONG SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is OPTT stock overvalued or undervalued?

Valuation metrics for OPTT: ROE of -147.2% (sector avg: 10%), net margin of -1,395.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy OPTT stock in 2026?

Our dual AI analysis gives Ocean Power Technologies, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is OPTT's free cash flow?

Ocean Power Technologies, Inc.'s operating cash flow is $-19.9M, with capital expenditures of $1.8M. FCF margin is -1,023.0%.

How does OPTT compare to other Utilities stocks?

Vs Utilities sector averages: Net margin -1,395.8% (avg: 12%), ROE -147.2% (avg: 10%), current ratio 1.07 (avg: 0.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2026-01-31 | Powered by Claude AI