Ocean Power Technologies (OPTT.US) – Strong Sell: Rating and Stock Analysis 2026/2027

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Price history for Ocean Power Technologies (OPTT.US) – stock price at $1.04, October 2026
Ocean Power Technologies stock price – price development 2026. Updated Oct 7, 2026.
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No analysts currently cover Ocean Power Technologies with a public price target. We add the price target automatically as soon as at least one analyst publishes a rating. Until then, use the technical analysis and the key figures below.

About Ocean Power Technologies – Specialty Industrial Machinery

Opt.us builds systems that turn wave energy from the ocean into electricity. The company earns money by selling this technology in the US, Europe, and Australia.

Its best-known product is the PB3 PowerBuoy system. This is a floating buoy that produces power without needing a connection to the electrical grid. It is especially useful in remote locations, far from land.

Opt.us also offers hybrid PowerBuoy solutions, which combine wave power with other energy sources, and special battery systems designed for use underwater. The company's products supply electricity and real-time data connections to customers in industries such as oil and gas, defense, and scientific research.

Founded in 1984, Opt.us mainly serves customers who need power in places that are far from land and hard to reach with normal electricity supply.
Read more about the company

Key Figures for Ocean Power Technologies

$9.2M Market cap
$4.3M Revenue
Specialty Industrial Machinery Industry
- P/E
2.16 P/S
2.34 P/B
United States Listed on exchange

What kind of stock is Ocean Power Technologies?

Speculative stock

Ocean Power Technologies is classified as a speculative stock.

Score Overview for Ocean Power Technologies

💰 Value Score 33/100 (Low)
⭐ Quality Score 5/100 (Very Low)
📊 Total Score 12/100

⚠️ 4 red flags identified 2 critical

Our analysis has identified 4 potential risk factors in Ocean Power Technologies that investors should be aware of.

⚠️ Weak financial health: The Piotroski score is only 2/9 – the company shows signs of weakened profitability, liquidity or capital structure.
🚨 Weak balance sheet (elevated risk): Altman Z2 is -43.57 – the balance sheet is measurably weaker than average. This is a risk signal based on the numbers, not a bankruptcy prediction.
🚨 Negative return on equity: ROE is -319.0% – the company is generating a negative return for shareholders.
⚠️ High short interest: 17.2% of the shares are sold short – many professional investors are betting on price declines.

📈 Valuation

The P/S ratio is 2.2. The P/B ratio is 2.3.

🏦 Financial Health

The Piotroski score is 2 out of 9 — weak financial health, be careful. Altman Z2 is -43.57 (weak balance sheet — elevated risk). The debt-to-equity ratio (D/E) is 15.5% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 17.22% — very high, the market is skeptical.

Insider Trading in Ocean Power Technologies 2026: The Signal Is mixed

In 2026, insiders at Ocean Power Technologies have made 11 transactions – split into 10 purchases and 1 sales. On a net basis, insiders took $17,541 out of the stock. Active insiders include Stratmann Philipp, Powers Robert Patrick, Philipp Stratmann and others.

Short-Term Signal (3 months): No activity

There has been no insider trading in the last 3 months.

Long-Term Signal (all transactions): Mixed

There are both insider purchases and sales, with no clear direction. This is normal for large companies, where management adjusts positions on an ongoing basis.

Across the last 11 transactions: 10 purchases and 1 sales. A net $17,541 out of the stock.

Latest purchase: Stratmann Philipp bought 7,750 shares at $0.33 each on 2025-12-16. The stock has since risen 221.2%.

Latest sale: WINTERS ROBERT K sold 25,000 shares at $2.90 each on 2020-12-30.

Who is buying: Stratmann Philipp, Powers Robert Patrick, Philipp Stratmann, Slaiby Peter E., Cryan Terence James.

Who is selling: WINTERS ROBERT K.

Latest Insider Trades in Ocean Power Technologies (2026)

The table shows the last 11 reported insider transactions in Ocean Power Technologies. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2025-12-16 Stratmann Philipp Buy 7,750 0 2,558
2025-12-15 Stratmann Philipp Buy 6,298 0 2,141
2025-12-15 Powers Robert Patrick Buy 14,723 0 5,006
2025-09-17 Stratmann Philipp Buy 3,989 1 1,995
2025-09-17 Philipp Stratmann Buy 3,989 0 1,955
2024-11-25 Slaiby Peter E. Buy 35,000 0 6,650
2024-11-13 Cryan Terence James Buy 100,000 0 15,000
2023-09-28 Slaiby Peter E. Buy 25,000 0 9,750
2023-09-18 Powers Robert Patrick Buy 12,345 0 4,938
2023-09-15 Stratmann Philipp Buy 12,115 0 4,967

Who is buying and selling Ocean Power Technologies shares in 2026?

The following insiders have bought shares in Ocean Power Technologies: Stratmann Philipp, Powers Robert Patrick, Philipp Stratmann, Slaiby Peter E., Cryan Terence James. In total, $54,959 was bought across 10 transactions. The following insiders have sold shares: WINTERS ROBERT K. In total, $72,500 was sold across 1 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Ocean Power Technologies Short Selling 2026: 17.2% Sold Short

Very high short interest: 17.2% of the free float
Short % of free float
17.2%
Assessment
Very high short interest
Short squeeze risk
High
Data source
EODHD
Reported about twice a month

Short interest over time: Ocean Power Technologies

0.0%9.9%19.8%
5/307/309/29
17.2% today (very high)Last 30 days: +6.3 percentage pointsMeasured over 122 days
What does the trend tell you?
Short interest is rising. It is up 6.3 percentage points over the last month and now stands at 17.2%. More investors have borrowed Ocean Power Technologies and sold it, expecting the price to fall.

It cuts both ways: if they are wrong and the price rises, they have to buy the share back — and those purchases can push the price up further on their own. That is called a short squeeze. That is not in itself a signal about what the price will do — we cannot predict the market, and short interest is only one number among many. But it does say something about what the large players are doing.
The stock has a very high share of short selling. Between 10-20% of the freely traded shares are sold short, which points to considerable bearish sentiment. A positive earnings report or unexpectedly good news can trigger a short squeeze with sharp price gains.

What does this mean for you as an investor?
A short interest of 17.2% means that 17.2% of the freely traded shares in Ocean Power Technologies have been borrowed and sold by investors betting on falling prices. On positive surprises (e.g. a strong earnings report), short sellers can be forced to buy back shares quickly to close their positions, which can cause a short squeeze with sharp price gains in a short time.

Short interest comes from our data provider EODHD. The figure is reported about twice a month; we check it every trading day.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
▲
17.2%

When Does Ocean Power Technologies Report Earnings?

The next earnings date for Ocean Power Technologies is not yet available. Check the company's investor calendar for more information.



Technical Analysis of Ocean Power Technologies 2026 – Signal: Strong Sell

Overall Technical Signal: Strong Sell

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated October 7, 2026.

Technical analysis of Ocean Power Technologies (OPTT.US) – RSI 22, MACD negative (bearish), daily candlestick chart October 2026
Ocean Power Technologies technical analysis – candlestick chart with RSI, MACD and volume profile. Updated Oct 7, 2026.

Trend Analysis of Ocean Power Technologies, Inc

Ocean Power Technologies, Inc is in a short-term downtrend. The price of $1.06 is 50.2% below the 20-day average ($2.13). Medium term, the picture is negative: the price is 74.3% below the 50-day average ($4.12). Long term, the stock is 88.4% below the 200-day average ($9.14), which signals a long-term downtrend.

Death Cross: The 50-day average (4.12) is below the 200-day average (9.14), which is a classic bearish signal for Ocean Power Technologies, Inc.

Is Ocean Power Technologies, Inc overbought or oversold?

Ocean Power Technologies, Inc has an RSI of 22.2, which places the stock in oversold territory (below 30). WARNING: Oversold in a downtrend is NOT a buy signal. When the trend is negative, RSI can stay oversold for a long time while the price keeps falling. Wait for a trend reversal before buying.

MACD Analysis for Ocean Power Technologies, Inc

Daily MACD: MACD is negative (-0.976), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is below the signal line (-0.961) by 0.015, which confirms growing negative momentum in the downtrend.

Weekly MACD: MACD5 is negative (-2.365), which indicates a broader bearish long-term trend. MACD5 is below the signal line (-1.956) by 0.409, which confirms continued negative long-term momentum.

Overall MACD assessment: Both the daily and weekly MACD are negative and below their signal lines. Trend and momentum are negative across time horizons – the strongest bearish signal.

Risk Profile for Ocean Power Technologies, Inc

Ocean Power Technologies, Inc has an annual standard deviation of 117.2%, which classifies the stock as Extremely speculative. Only risk-tolerant investors should consider this stock, because the price swings can be very large.

Overall Technical Conclusion for Ocean Power Technologies, Inc

Trend: Negative. The price trades below SMA50 and SMA200.

MACD trend (zero line): Daily bearish (-0.976). Weekly bearish (-2.365).

MACD momentum (signal): Daily falling. Weekly falling.

RSI: 22.2 – oversold.

Technical signal: Strong Sell

The price is in a downtrend (below SMA50/SMA200) and MACD is negative on both a daily and weekly basis. Avoid buying and consider closing existing positions.

Frequently Asked Questions About Ocean Power Technologies stock in 2026

Should you buy Ocean Power Technologies stock now?
No, the technical signal for Ocean Power Technologies is currently Strong Sell. Ocean Power Technologies trades at $1.04 as of Oct 7, 2026. The technical analysis shows the following: MACD is negative (bearish trend) at -0.976 with falling momentum (signal: -0.961); RSI is at 22.2 (oversold), which could point to a potential buying opportunity; the stock is in a short-term downtrend (price below the 20-day average). The stock is in a broader downtrend (below SMA50/SMA200). Buying in a downtrend is generally not recommended. This is a technical observation based on current data, not investment advice.
What is the price target for Ocean Power Technologies stock?
There is currently no active analyst price target for Ocean Power Technologies.
Is Ocean Power Technologies a dividend stock?
No, Ocean Power Technologies does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of Ocean Power Technologies stock?
Ocean Power Technologies is rated as a stock in the risk category Extremely speculative. the annual standard deviation is 117.2%, which classifies the stock as Extremely speculative. In addition, an RSI of 22.2 signals oversold (potential bottom).
Is Ocean Power Technologies overvalued?
Ocean Power Technologies has the following valuation ratios: a P/S ratio of 2.2, a P/B ratio of 2.3.
Is Ocean Power Technologies overbought?
No, Ocean Power Technologies is actually oversold with an RSI of 22.2 (below 30). The technical indicators show: RSI is at 22.2 (below the 30 mark), which actually signals the price is oversold – the opposite of overbought. In addition, the price is 51.1% below the 20-day average (short-term downtrend). In addition, MACD is negative with falling momentum (bearish). IMPORTANT: The stock is oversold in a downtrend. A low RSI in a downtrend is NOT a buy signal – the price can keep falling. Wait for a trend reversal before buying.
When is the next Ocean Power Technologies earnings report?
The date of the next earnings report for Ocean Power Technologies has not been published yet. Check the company's investor calendar for updates.
Is Ocean Power Technologies shorted?
Yes, Ocean Power Technologies is shorted with 17.2% of the free float sold short. This is a very high level of short selling, which points to considerable bearish sentiment. A positive earnings report or unexpectedly good news can trigger a short squeeze with sharp price gains. The figure comes from our data provider EODHD, is reported about twice a month, and we check it every trading day.
Are insiders buying Ocean Power Technologies stock?
No, insiders are not buying Ocean Power Technologies shares – they are net sellers. Across the last 11 reported transactions, the split is 10 purchases and 1 sales, with a net 17,541 $ sold. Active sellers include WINTERS ROBERT K. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Ocean Power Technologies a good stock?
Based on our total score, Ocean Power Technologies is rated as a disastrous stock with a total score of 12 out of 100. The stock scores very low on value, quality and momentum – it is among the worst in our database. The score is made up of Value: 33/100, Quality: 5/100. In addition: technical signal: Strong Sell. Whether Ocean Power Technologies is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Ocean Power Technologies stock?
The outlook for Ocean Power Technologies based on current data: the stock is in a downtrend (below SMA50 and SMA200). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Ocean Power Technologies stock falling?
Ocean Power Technologies is falling right now. The technical indicators show: the price is 51.1% below the 20-day average; MACD is negative with falling momentum (bearish signal); short interest is 17.2% (high – many are betting on a decline); insiders have mostly been buying the stock recently. For the latest context, see our technical analysis and insider section above.
How high can Ocean Power Technologies go?
There is currently no active analyst price target for Ocean Power Technologies. The stock has traded between $0.92 and $21.60 over the last 52 weeks. The price is 95.2% below the 52-week high, which can indicate potential if the underlying fundamentals are intact. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Ocean Power Technologies fall?
The stock has traded as low as $0.92 over the last 52 weeks — that is 11.5% below the current price of $1.04. The biggest decline (drawdown) in the same period was 95.7% from high to low. Within a year, the price typically swings about ±117.2% (standard deviation — a measure of price swings). A difficult year could therefore mean a further decline of that size. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Ocean Power Technologies do?
Opt.us builds systems that turn wave energy from the ocean into electricity. The company earns money by selling this technology in the US, Europe, and Australia. Its best-known product is the PB3 PowerBuoy system. This is a floating buoy that produces power without needing a ... The company belongs to the Industrials sector, more specifically the Specialty Industrial Machinery industry, is headquartered in United States, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Ocean Power Technologies as an investment.
Did Ocean Power Technologies raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Ocean Power Technologies. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history above.
Is Ocean Power Technologies making money or losing money?
We have no current profitability data for Ocean Power Technologies. See the latest report in the earnings history above.
Can Ocean Power Technologies go bankrupt?
The bankruptcy risk of Ocean Power Technologies is rated as elevated. Altman Z2 (a model for assessing financial distress) is -43.57 — that places the company in the weak zone. This is a probability based on the numbers, not a verdict — bankruptcy is not imminent. But the balance sheet is measurably weaker than average, so watch the debt, liquidity and possible capital raises. The Piotroski score (financial health 0-9, higher is better) is 2 — which is weak. Debt relative to equity is 16% (low). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Ocean Power Technologies have a lot of debt?
No, Ocean Power Technologies has low debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 16%. For the industrials sector, anything below 100% counts as low debt. Industrial companies often sit at 100-200% because of heavy production assets and long order books. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.

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