Ocean Power Technologies Inc
Ocean Power Technologies Inc (ticker: OPTT) develops wave-energy conversion systems designed to turn ocean wave motion into electricity. Its PowerBuoy platform is aimed at supplying renewable power to offshore installations, remote facilities and grid-connected projects through pilot deployments and partnerships with utilities, governments and industrial operators. With a market capitalisation near $95m, OPTT is a small-cap, development-stage company: revenues have tended to be modest and the business often relies on project funding, grants and partner agreements to advance commercialisation. Potential attractions include exposure to marine renewables and decarbonisation trends, while key risks are technology execution, lengthy permitting, capital intensity and variable project timelines. Investors should expect significant volatility and the possibility of additional funding needs. This content is educational only and not personal financial advice; consider suitability and consult a regulated adviser before investing.
Stock Performance Snapshot
Analyst Rating
Analysts highly recommend buying Ocean Power Technologies stock, indicating strong future growth expectations.
Financial Health
Ocean Power Technologies is generating low revenue and cash flow, indicating financial challenges ahead.
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Baskets Featuring OPTT
Blue-Carbon & Ocean Health
Dive into a carefully selected group of stocks that are leading the blue economy revolution. These companies were hand-selected by our expert analysts for their innovative approaches to ocean sustainability, from advanced aquaculture to ecosystem restoration and marine technology.
Published: June 17, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Wave energy tech
PowerBuoy systems aim to convert ocean waves into electricity, offering a novel route into offshore renewables, though deployments can be slow and costly.
Decarbonisation angle
The company aligns with demand for clean energy and offshore solutions, but large-scale adoption depends on policy support and market demand.
Execution & funding
Commercial progress depends on successful pilots, partnerships and access to capital; investors should anticipate operational and financing risks.
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